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5364 Ballona Lane

5364 Ballona Lane, Culver City, CA 90230
Property in Studio Village
Sold Feb 24, 2000
$471,500
$684,137 by Loandepot.com Llc
Mortgage Due Sep 01, 2051
Local assessors in Culver City, CA have categorized 5364 Ballona Lane as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 4,055 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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. If we look only at the heated or air conditioned part of the building, then 5364 Ballona Lane has a total of 2,036 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. 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. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 5364 Ballona Lane sold most recently in Sep 17, 1999 for a total of $471,500. If you work out the math, that's approximately a cost of $231.58 per sqft. 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 $8,687 in taxes each year. The initial year of tax delinquency occurred in 2019. 5364 Ballona Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $696,527. If we break it down further, the land itself was valued at $243,745. Improvements to the property, however, were assessed at a total of $452,782. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,055
  • Total Building Area: 2,036
  • Building Area: 2,036
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,036
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 52402
  • Land Acres: 0.093
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: TR=52402 LOT 35

Ownership

  • Current Owner : SUH TAE SAM
  • Previous Owner : THE CLASSICS AT HERITAGE PARK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Culver City Unified School District
  • Census Tract: 702600

Zoning

  • Zoning: CCC3

Geography

  • Subdivision Tract Number: 52402
  • Parcel: 4215-033-010
  • Lot: 35
  • Municipality: WEST /BLDWN-FOX/PALMS
  • Latitude: 33.9989
  • Longitude: -118.396

    Address

  • Full Address: 5364 Ballona Ln
  • Address - House Number: 5364
  • Address - Street Name: Ballona
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Culver City
  • Carrier Code: C025
  • 4-Digit Zip Code: 8801
  • Zip Code: 90230

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,687
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 03-192

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,862,637
  • High Value: 2,279,362
  • Low Value: 1,445,912

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $684,137
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Aug 27, 2021
  • First Open Lien Mortgage Loan Amount: $684,137
  • 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: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $696,527
  • Assessed Land Value: $243,745
  • Assessed Improvements Value: $452,782

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 17, 1999
  • Current Sale Recording Date: Feb 24, 2000
  • Current Sale Transaction ID: 1033577236
  • Current Sale Price: $471,500
  • Current Sale Document Type: Partnership Deed
  • Current Sale Input Document Number: 00-0271017

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Mortgage Transaction Date: Feb 24, 2000
  • First Mortgage Loan Amount: $330,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Mar 01, 2030

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 5364 Ballona Lane located in?
The 5364 Ballona Lane is a located in the neighborhood of Studio Village in Studio Village, Culver City.
What is the average sales price for listings in 5364 Ballona Lane?
The average sales price for units in 5364 Ballona Lane is $0 currently.

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