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5117 Lubao Avenue

5117 Lubao Avenue, Woodland Hills, CA 91364
Sold Aug 15, 2019
$1,033,000
$822,375 by Stearns Lending Llc
Mortgage Due Jun 01, 2051
Sold Dec 10, 1997
$300,000
5117 Lubao Avenue in Woodland Hills, CA was first built in 1964 and is 60 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 contemporary style. It is a single story home. There are a total of 10 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5117 Lubao Avenue has 2,295 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 1,250 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 20,575 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 gable style roof made of wood shake/ shingles. Water for the property is sourced from a municipal system. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. 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 condition of the building has been evaluated as good. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Aug 8, 2019 for $1,033,000. That's $450.11 per sqft. Prior to that sales transaction, the property was also sold in Nov 5, 1997 for $300,000. 5117 Lubao Avenue was last assessed in 2023. The total value of the property was assessed at $1,085,865. Specifically, the land the property is located on was valued at $868,693. While improvements on the property were assessed at a total of $217,172. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $12,908. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Garage Parking
Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 20,575
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 2,295
  • Building Area: 2,295
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,295
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 8812
  • Land Acres: 0.472
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 8812 LOT COM AT SE COR OF LOT 72 TH N 15 FT TH W 115 FT TH N 55 FTTH N 8 52'50 W 80.97 FT TH W 117.5 FT TH S 150 FT TH E 245 FT TO BEG PART OF LOTS 71 AND LOT 72

Ownership

  • Current Owner : NIEMELA PHILIP CHARLES
  • Current Owner 2: PALACIOS ROBERT A
  • Previous Owner : BARBELLO PETER J
  • Previous Owner 2: BARBELLO MELINDA
  • Owner Before Previous Owner: A M C FUNDING CORP
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 137501

Zoning

  • Zoning: LARA

Geography

  • Assessors Map Reference: 13-F2
  • Subdivision Tract Number: 8812
  • Parcel: 2164-005-027
  • Lot: 72
  • Municipality: NORTH /TARZANA
  • Latitude: 34.1644
  • Longitude: -118.568

    Address

  • Full Address: 5117 Lubao Ave
  • Address - House Number: 5117
  • Address - Street Name: Lubao
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Woodland Hills
  • Carrier Code: C027
  • 4-Digit Zip Code: 3508
  • Zip Code: 91364

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,908
  • Tax Rate Code Area: 00-037

    Appraisal Valuation

  • Standard Deviation: 0.2185
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 70
  • Final Value: 1,480,268
  • High Value: 1,803,714
  • Low Value: 1,156,822

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Jun 02, 2021
  • First Open Lien Mortgage Loan Amount: $822,375
  • 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: Jun 01, 2051
  • Second Open Lien Mortgage Lender: GEORGIA S OWN CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jun 02, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $177,625
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,085,865
  • Assessed Land Value: $868,693
  • Assessed Improvements Value: $217,172

    Sales

  • Current Sale Contract Date: Aug 08, 2019
  • Current Sale Recording Date: Aug 15, 2019
  • Current Sale Transaction ID: 11635420380
  • Current Sale Price: $1,033,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0820394
  • Previous Sale Recording Date: Dec 10, 1997
  • Previous Sale Contract Date: Nov 05, 1997
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: STEARNS LENDING LLC
  • First Mortgage Transaction Date: Aug 15, 2019
  • First Mortgage Loan Amount: $723,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

About South Valley



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 5852 Lubao Avenue, Woodland Hills, CA, 91367

$11,000 /mo

  • 5 Beds
  • 6 Baths
  • 3,779 ft²
5852 Lubao Avenue, Woodland Hills, CA, 91367 Listing by David Winn

Frequently Asked Questions

What neighborhood is 5117 Lubao Avenue located in?
The 5117 Lubao Avenue is a house located in the neighborhood of Woodland Hills-Warner Center in South Valley, Woodland Hills.
What is the average sales price for listings in 5117 Lubao Avenue?
The average sales price for units in 5117 Lubao Avenue is $0 currently.

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