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5359 North Cedros Avenue

5359 North Cedros Avenue, Van Nuys, CA 91411
Property in Sherman Oaks
Sold Jul 18, 2003
$499,000
$210,000 by Phh Mortgage Services Corp
Mortgage Due Aug 01, 2033
Sold Sep 06, 2001
$422,000
$275,000 by Americas Wholesale Lndr
Mortgage Due Sep 01, 2031
Local assessors in Van Nuys, CA have categorized 5359 North Cedros Avenue as a residential type of property. The home was built in 1952 and is 72 years old. It was most recently renovated and altered in 1957. The property's lot size has been calculated to be 6,114 square feet. The linear feet between the front and back of the lot was measured at 1,250 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 5359 North Cedros Avenue has a total of 2,242 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. 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 - B. 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 a evaporative cooler 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, 5359 North Cedros Avenue was last sold in Jun 6, 2003 for $499,000. According to our calculations, that's $222.57 per sqft. Prior to that sales transaction, the property was sold for $422,000 in Aug 22, 2001. Current property owners are expected to pay $8,025 in taxes per year. The property on 5359 North Cedros Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $681,905. To break that down further, the land itself was valued at $436,340. While improvements to the property were assessed at a total of $245,565. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1952
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,114
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,242
  • Building Area: 2,242
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Evaporative cooler
  • Heating: Central heating
  • Heated Square Feet: 2,242
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 15833
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 15833 LOT/SEC 11

Ownership

  • Current Owner : WALLACE JASON SCOTT
  • Current Owner 2: WALLACE CAROLINE E
  • Previous Owner : ESTAFANOUS MARC
  • Previous Owner 2: ESTAFANOUS KATHERINE
  • Owner Before Previous Owner: LANE GREGG M
  • Owner Before Previous Owner 2: LANE FRED MEA
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 22-D1
  • Subdivision Tract Number: 15833
  • Parcel: 2249-018-002
  • Lot: 11
  • Municipality: NORTH /V NUYS/SHEROAKS
  • Latitude: 34.1684
  • Longitude: -118.455

    Address

  • Full Address: 5359 Natick Ave
  • Address - House Number: 5359
  • Address - Street Name: Natick
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Sherman Oaks
  • Carrier Code: C035
  • 4-Digit Zip Code: 4035
  • Zip Code: 91411

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,025
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2226
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,284,472
  • High Value: 1,570,509
  • Low Value: 998,435

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $210,000
  • First Open Lien Mortgage Lender: PHH MORTGAGE SERVICES CORP
  • First Open Lien Mortgage Recording Date: Jul 18, 2003
  • First Open Lien Mortgage Loan Amount: $210,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2033

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $681,905
  • Assessed Land Value: $436,340
  • Assessed Improvements Value: $245,565

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 06, 2003
  • Current Sale Recording Date: Jul 18, 2003
  • Current Sale Transaction ID: 1028464287
  • Current Sale Price: $499,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 03-2058476
  • Previous Sale Recording Date: Sep 06, 2001
  • Previous Sale Contract Date: Aug 22, 2001
  • Previous Sale Amount: $422,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PHH MORTGAGE SERVICES CORP
  • First Mortgage Transaction Date: Jul 18, 2003
  • First Mortgage Loan Amount: $210,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2033

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LNDR
  • Previous Mortgage Transaction Date: Sep 06, 2001
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $275,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 01, 2031

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Frequently Asked Questions

What neighborhood is 5359 North Cedros Avenue located in?
The 5359 North Cedros Avenue is a located in the neighborhood of Sherman Oaks in South Valley, Van Nuys.
What is the average sales price for listings in 5359 North Cedros Avenue?
The average sales price for units in 5359 North Cedros Avenue is $0 currently.

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