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5071 Garden Grove Avenue

5071 Garden Grove Avenue, Tarzana, CA 91356
Property in Tarzana
Sold Mar 12, 2021
$1,489,000
$1,042,300 by Us Bank Na
Mortgage Due Apr 01, 2051
Sold Aug 27, 2019
$1,255,000
$1,066,750 by Sg Capital Partners Of Califor
Mortgage Due Sep 01, 2049
5071 Garden Grove Avenue in Tarzana, CA was first built in 2005 and is 19 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 5071 Garden Grove Avenue has 2,872 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 1,050. In total, the area measurement of the land is 7,384 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a hip style roof made of composition shingle. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5071 Garden Grove Avenue sold most recently in Jan 22, 2021 for a total of $1,489,000. If you work out the math, that's approximately a cost of $518.45 per sqft. Before that, the property was also sold for $1,255,000 in Jul 17, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $18,004 in taxes each year. 5071 Garden Grove Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,549,154. If we break it down further, the land itself was valued at $1,146,624. Improvements to the property, however, were assessed at a total of $402,530. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,384
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,872
  • Building Area: 2,872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,872
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 15675
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 15675 LOT/SEC 113

Ownership

  • Current Owner : YAZDI MANIJEH
  • Previous Owner : WILLIAMS JACOB R
  • Previous Owner 2: AIRIYAN MARIANNA
  • Owner Before Previous Owner: SAIDYAN CATHRIN
  • Owner Before Previous Owner 2: DAVOUDI SASSAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 139502

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 21-C2
  • Subdivision Tract Number: 15675
  • Parcel: 2181-009-010
  • Lot: 113
  • Municipality: NORTH /N.W. ENCINO
  • Latitude: 34.1629
  • Longitude: -118.53

    Address

  • Full Address: 5071 Garden Grove Ave
  • Address - House Number: 5071
  • Address - Street Name: Garden Grove
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Tarzana
  • Carrier Code: C004
  • 4-Digit Zip Code: 4317
  • Zip Code: 91356

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,004
  • Tax Rate Code Area: 00-037

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,853,581
  • High Value: 2,276,920
  • Low Value: 1,430,242

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,042,300
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Mar 12, 2021
  • First Open Lien Mortgage Loan Amount: $1,042,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,549,154
  • Assessed Land Value: $1,146,624
  • Assessed Improvements Value: $402,530

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 22, 2021
  • Current Sale Recording Date: Mar 12, 2021
  • Current Sale Transaction ID: 11824339382
  • Current Sale Price: $1,489,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0408115
  • Previous Sale Recording Date: Aug 27, 2019
  • Previous Sale Contract Date: Jul 17, 2019
  • Previous Sale Amount: $1,255,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Mar 12, 2021
  • First Mortgage Loan Amount: $1,042,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SG CAPITAL PARTNERS OF CALIFOR
  • Previous Mortgage Transaction Date: Aug 27, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,066,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2049

About South Valley



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Frequently Asked Questions

What neighborhood is 5071 Garden Grove Avenue located in?
The 5071 Garden Grove Avenue is a located in the neighborhood of Tarzana in South Valley, Tarzana.
What is the average sales price for listings in 5071 Garden Grove Avenue?
The average sales price for units in 5071 Garden Grove Avenue is $0 currently.

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