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5230 Vesper Avenue

5230 Vesper Avenue, Van Nuys, CA 91411
Property in Sherman Oaks
Sold Apr 29, 2022
$3,450,000
$2,160,000 by Homestreet Bank
Mortgage Due May 01, 2052
Sold Dec 15, 1993
$620,000
$470,000 by Peggy Mary Barbey
Mortgage
5230 Vesper 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 1958 and is 66 years old. The home has a total of 23 bedrooms. Residents will have access to 13 full bathrooms. There are 13 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5230 Vesper Avenue has 11,324 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 16,428 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. 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 building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 5230 Vesper Avenue was last sold in Mar 10, 2022 for $3,450,000. According to our calculations, that's $304.66 per sqft. Prior to that sales transaction, the property was sold for $620,000 in Nov 24, 1993. Current property owners are expected to pay $14,053 in taxes per year. The property on 5230 Vesper Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,519,000. To break that down further, the land itself was valued at $2,111,400. While improvements to the property were assessed at a total of $1,407,600. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 23
  • Bathroom Count: 13
  • Full Bathrooms: 13
  • Partial Bathrooms: 13
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 13
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,428
  • Total Building Area: 11,324
  • Gross Building Area: 11,324
  • Building Area: 11,324
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 11,324
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1000
  • Land Acres: 0.377
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: TRACT # 1000 S 82.5 FT OF W 199 FT OF E 596.13 FT OF LOT/SEC 378

Ownership

  • Current Owner : PB LIVING TRUST
  • Previous Owner : 5230 VESPER AVE LLC
  • Owner Before Previous Owner: BARBEY PEGGY MARY
  • Owner Before Previous Owner 2: THE BARBEY TRUST
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 128802

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 22-D2
  • Subdivision Tract Number: 1000
  • Parcel: 2249-006-010
  • Lot: 378
  • Municipality: NORTH /NORTH HOLLYWOOD
  • Latitude: 34.1659
  • Longitude: -118.45

    Address

  • Full Address: 5230 Vesper Ave
  • Address - House Number: 5230
  • Address - Street Name: Vesper
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Sherman Oaks
  • Carrier Code: C035
  • 4-Digit Zip Code: 4012
  • Zip Code: 91411

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,053
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.1159
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 76
  • Final Value: 1,012,350
  • High Value: 1,129,693
  • Low Value: 895,006

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,160,000
  • First Open Lien Mortgage Lender: HOMESTREET BANK
  • First Open Lien Mortgage Recording Date: Apr 29, 2022
  • First Open Lien Mortgage Loan Amount: $2,160,000
  • 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: May 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,519,000
  • Assessed Land Value: $2,111,400
  • Assessed Improvements Value: $1,407,600

    Sales

  • Current Sale Contract Date: Mar 10, 2022
  • Current Sale Recording Date: Apr 29, 2022
  • Current Sale Transaction ID: 11886129130
  • Current Sale Price: $3,450,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 465856
  • Previous Sale Recording Date: Dec 15, 1993
  • Previous Sale Contract Date: Nov 24, 1993
  • Previous Sale Amount: $620,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTREET BANK
  • First Mortgage Transaction Date: Apr 29, 2022
  • First Mortgage Loan Amount: $2,160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PEGGY MARY BARBEY
  • Previous Mortgage Transaction Date: Dec 15, 1993
  • Previous Mortgage Loan Amount: $470,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

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Frequently Asked Questions

What neighborhood is 5230 Vesper Avenue located in?
The 5230 Vesper Avenue is a located in the neighborhood of Sherman Oaks in South Valley, Van Nuys.
What is the average sales price for listings in 5230 Vesper Avenue?
The average sales price for units in 5230 Vesper Avenue is $0 currently.

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