5316 Lubao Avenue

5316 Lubao Avenue in Woodland Hills, CA was first built in 1950 and is 74 years old. Although, the building on the property was most recently renovated and altered in 1966. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5316 Lubao Avenue has 3,551 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. In total, the area measurement of the land is 18,017 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. 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. As for heating, the home is utilizing floor/wall 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, 5316 Lubao Avenue was last sold in Oct 22, 2019 for $1,750,000. According to our calculations, that's $492.82 per sqft. Prior to that sales transaction, the property was sold for $1,755,000 in Dec 20, 2016. Current property owners are expected to pay $21,631 in taxes per year. The property on 5316 Lubao Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,839,560. To break that down further, the land itself was valued at $970,972. While improvements to the property were assessed at a total of $868,588. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.