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5259 Vesper Avenue

5259 Vesper Avenue, Van Nuys, CA 91411
Property in Sherman Oaks
Sold May 21, 2002
$490,000
$372,000 by Akt American Capital Inc
Mortgage Due Mar 01, 2042
Sold Jul 31, 2001
$406,500
$345,270 by Wmc Mtg Corp
Mortgage Due Aug 01, 2031
Local assessors in Van Nuys, CA have categorized 5259 Vesper Avenue as a residential type of property. The home was built in 1981 and is 43 years old. The property's lot size has been calculated to be 5,267 square feet. 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 10 rooms in the home. Of these, 4 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5259 Vesper Avenue has a total of 2,652 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. The home sources its water from a municipal system. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 wood shake/ shingles. 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. 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, 5259 Vesper Avenue sold most recently in May 9, 2002 for a total of $490,000. If you work out the math, that's approximately a cost of $184.77 per sqft. Before that, the property was also sold for $406,500 in Jul 12, 2001. 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 $8,205 in taxes each year. 5259 Vesper Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $695,327. If we break it down further, the land itself was valued at $323,736. Improvements to the property, however, were assessed at a total of $371,591. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,267
  • Lot Size Depth Feet: 900
  • Total Building Area: 2,652
  • Building Area: 2,652
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,652
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PARCEL MAP LA NO 4073
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential
  • Legal Description 1: *TR=PARCEL MAP AS PER BK 121 P 90-91 OF P M LOT/SEC A

Ownership

  • Current Owner : LOEDDING PETER D
  • Previous Owner : SHEPPARD KENNETH PAUL
  • Owner Before Previous Owner: FELD DANIEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

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

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 22-D2
  • Parcel: 2249-008-019
  • Lot: A
  • Municipality: NORTH /V NUYS/SHEROAKS
  • Latitude: 34.1665
  • Longitude: -118.451

    Address

  • Full Address: 5259 Vesper Ave
  • Address - House Number: 5259
  • Address - Street Name: Vesper
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Sherman Oaks
  • Carrier Code: C035
  • 4-Digit Zip Code: 4011
  • Zip Code: 91411

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,205
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 1,570,920
  • High Value: 1,929,375
  • Low Value: 1,212,465

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $522,000
  • First Open Lien Mortgage Lender: AKT AMERICAN CAPITAL INC
  • First Open Lien Mortgage Recording Date: Mar 01, 2012
  • First Open Lien Mortgage Loan Amount: $372,000
  • 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: Mar 01, 2042
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: May 11, 2016
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $150,000
  • 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: $695,327
  • Assessed Land Value: $323,736
  • Assessed Improvements Value: $371,591

    Sales

  • Current Sale Contract Date: May 09, 2002
  • Current Sale Recording Date: May 21, 2002
  • Current Sale Transaction ID: 1000988347
  • Current Sale Price: $490,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 02-1166619
  • Previous Sale Recording Date: Jul 31, 2001
  • Previous Sale Contract Date: Jul 12, 2001
  • Previous Sale Amount: $406,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA
  • First Mortgage Transaction Date: May 21, 2002
  • First Mortgage Loan Amount: $391,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jun 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: WMC MTG CORP
  • Previous Mortgage Transaction Date: Jul 31, 2001
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $345,270
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2031

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Frequently Asked Questions

What neighborhood is 5259 Vesper Avenue located in?
The 5259 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 5259 Vesper Avenue?
The average sales price for units in 5259 Vesper Avenue is $0 currently.

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