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5219 Costello Avenue

5219 Costello Avenue, Sherman Oaks, CA 91423
Sold Sep 11, 2020
$1,220,000
$854,000 by Mortgage Capital Partners Inc
Mortgage Due Oct 01, 2050
Local assessors in Sherman Oaks, CA have categorized 5219 Costello Avenue as a residential type of property. The home was built in 1961 and is 63 years old. It was most recently renovated and altered in 1962. The property's lot size has been calculated to be 6,664 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5219 Costello Avenue has a total of 2,120 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of gravel/rock. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5219 Costello Avenue was last sold in Aug 12, 2020 for $1,220,000. According to our calculations, that's $575.47 per sqft. Current property owners are expected to pay $14,781 in taxes per year. The property on 5219 Costello Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,269,287. To break that down further, the land itself was valued at $965,491. While improvements to the property were assessed at a total of $303,796. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,664
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,120
  • Building Area: 2,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 26301
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 26301 LOT/SEC 4

Ownership

  • Current Owner : LOTTATI ITAI
  • Current Owner 2: LOTTATI LINDSAY
  • Previous Owner : GROWN TRACEY
  • Previous Owner 2: GROWN CAREN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 128602

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 22-E2
  • Subdivision Tract Number: 26301
  • Parcel: 2247-020-021
  • Lot: 4
  • Municipality: NORTH /V NUYS/SHEROAKS
  • Latitude: 34.1655
  • Longitude: -118.438

    Address

  • Full Address: 5219 Costello Ave
  • Address - House Number: 5219
  • Address - Street Name: Costello
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Sherman Oaks
  • Carrier Code: C046
  • 4-Digit Zip Code: 1227
  • Zip Code: 91423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,781
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2248
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,637,361
  • High Value: 2,005,535
  • Low Value: 1,269,186

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $854,000
  • First Open Lien Mortgage Lender: MORTGAGE CAPITAL PARTNERS INC
  • First Open Lien Mortgage Recording Date: Sep 11, 2020
  • First Open Lien Mortgage Loan Amount: $854,000
  • 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: Oct 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,269,287
  • Assessed Land Value: $965,491
  • Assessed Improvements Value: $303,796

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 12, 2020
  • Current Sale Recording Date: Sep 11, 2020
  • Current Sale Transaction ID: 11787076357
  • Current Sale Price: $1,220,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1094993

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE CAPITAL PARTNERS INC
  • First Mortgage Transaction Date: Sep 11, 2020
  • First Mortgage Loan Amount: $854,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About South Valley



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Frequently Asked Questions

What neighborhood is 5219 Costello Avenue located in?
The 5219 Costello Avenue is a house located in the neighborhood of Sherman Oaks in South Valley, Sherman Oaks.
What is the average sales price for listings in 5219 Costello Avenue?
The average sales price for units in 5219 Costello Avenue is $1,199,000 , or $566/sqft. currently.

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