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5228 Tilden Avenue

5228 Tilden Avenue, Van Nuys, CA 91401
Multifamily in Sherman Oaks
Sold Oct 04, 2023
$945,000
$661,500 by Castle Mortgage Corp.
Mortgage Due Oct 01, 2053
Sold Dec 28, 2004
$540,000
$432,000 by Citimortgage Inc
Mortgage Due Jan 01, 2035
5228 Tilden Avenue has been categorized by the local assessors in Van Nuys, CA as a residential type of property. The building on the property was first built in 1948 and is 76 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 5228 Tilden Avenue has 1,323 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,905 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. 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, 5228 Tilden Avenue sold most recently in Sep 26, 2023 for a total of $945,000. If you work out the math, that's approximately a cost of $714.29 per sqft. Before that, the property was also sold for $540,000 in Dec 7, 2004. 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 $8,574 in taxes each year. The initial year of tax delinquency occurred in 2020. 5228 Tilden Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $723,467. If we break it down further, the land itself was valued at $589,500. Improvements to the property, however, were assessed at a total of $133,967. 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.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,905
  • Total Building Area: 1,323
  • Gross Building Area: 1,323
  • Building Area: 1,323
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,323
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6015
  • Land Acres: 0.136
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: TRACT # 6015 LOT/SEC 96

Ownership

  • Current Owner : BEN YANNI
  • Current Owner 2: BEN INBAL
  • Previous Owner : MIRFAKHRAI ALI
  • Previous Owner 2: MIRFAKHRAI JUANA MABEL
  • Owner Before Previous Owner: BRENNER NORMAN C
  • Owner Before Previous Owner 2: THE NORMAN C BRENNER LIVING TR
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 128500

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 22-D2
  • Subdivision Tract Number: 6015
  • Parcel: 2248-012-007
  • Lot: 96
  • Municipality: NORTH /NORTH HOLLYWOOD
  • Latitude: 34.1657
  • Longitude: -118.447

    Address

  • Full Address: 5228 Tilden Ave
  • Address - House Number: 5228
  • Address - Street Name: Tilden
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Sherman Oaks
  • Carrier Code: C017
  • 4-Digit Zip Code: 5614
  • Zip Code: 91401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,574
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.0679
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 96
  • Final Value: 1,149,677
  • High Value: 1,227,753
  • Low Value: 1,071,601

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $661,500
  • First Open Lien Mortgage Lender: CASTLE MORTGAGE CORP.
  • First Open Lien Mortgage Recording Date: Oct 04, 2023
  • First Open Lien Mortgage Loan Amount: $661,500
  • 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, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $723,467
  • Assessed Land Value: $589,500
  • Assessed Improvements Value: $133,967

    Sales

  • Current Sale Contract Date: Sep 26, 2023
  • Current Sale Recording Date: Oct 04, 2023
  • Current Sale Transaction ID: 11913890307
  • Current Sale Price: $945,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 671829
  • Previous Sale Recording Date: Dec 28, 2004
  • Previous Sale Contract Date: Dec 07, 2004
  • Previous Sale Amount: $540,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CASTLE MORTGAGE CORP.
  • First Mortgage Transaction Date: Oct 04, 2023
  • First Mortgage Loan Amount: $661,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CITIMORTGAGE INC
  • Previous Mortgage Transaction Date: Dec 28, 2004
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $432,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2035

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Frequently Asked Questions

What neighborhood is 5228 Tilden Avenue located in?
The 5228 Tilden Avenue is a multifamily located in the neighborhood of Sherman Oaks in South Valley, Van Nuys.
What is the average sales price for listings in 5228 Tilden Avenue?
The average sales price for units in 5228 Tilden Avenue is $0 currently.

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