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5401 Vanalden Avenue

5401 Vanalden Avenue, Tarzana, CA 91356
House in Tarzana
Sold Jun 21, 2019
$2,182,000
$1,745,000 by Raymond James Bank Na
Mortgage Due Apr 01, 2051
Sold Sep 25, 2013
$1,000,000
Local assessors in Tarzana, CA have categorized 5401 Vanalden Avenue as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 16,770 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, 5 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 6 full bathrooms. There are also 6 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 5401 Vanalden Avenue has a total of 4,464 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 - A-. Residents rely on air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 5401 Vanalden Avenue was last sold in Apr 25, 2019 for $2,182,000. According to our calculations, that's $488.80 per sqft. Prior to that sales transaction, the property was sold for $1,000,000 in Sep 13, 2013. Current property owners are expected to pay $27,345 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 5401 Vanalden Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $2,293,249. To break that down further, the land itself was valued at $1,375,992. While improvements to the property were assessed at a total of $917,257. 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.

Building Features

Condition

New Construction
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: A-
  • Construction Type: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,770
  • Total Building Area: 4,464
  • Building Area: 4,464
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 4,464
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARCEL MAP L A NO 2015 1243
  • Land Acres: 0.385
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PM 403-56-57 LOT B

Ownership

  • Current Owner : SHAHINIAN KEVORK
  • Previous Owner : GCL PROPERTIES LLC
  • Owner Before Previous Owner: GRUE FINN E
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 139402

Zoning

  • Zoning: LARA

Geography

  • Parcel: 2163-018-025
  • Lot: B
  • Municipality: NORTH /TARZANA
  • Latitude: 34.1692
  • Longitude: -118.55

    Address

  • Full Address: 5401 Vanalden Ave
  • Address - House Number: 5401
  • Address - Street Name: Vanalden
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Tarzana
  • Carrier Code: C021
  • 4-Digit Zip Code: 3129
  • Zip Code: 91356

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,345
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-037

    Appraisal Valuation

  • Standard Deviation: 0.2109
  • Valuation Date: Nov 30, 2022
  • Confidence Score: 71
  • Final Value: 2,881,186
  • High Value: 3,488,963
  • Low Value: 2,273,410

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,745,000
  • First Open Lien Mortgage Lender: RAYMOND JAMES BANK NA
  • First Open Lien Mortgage Recording Date: Mar 30, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,745,000
  • 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: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,293,249
  • Assessed Land Value: $1,375,992
  • Assessed Improvements Value: $917,257

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 25, 2019
  • Current Sale Recording Date: Jun 21, 2019
  • Current Sale Transaction ID: 11617572623
  • Current Sale Price: $2,182,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19-0592476
  • Previous Sale Recording Date: Sep 25, 2013
  • Previous Sale Contract Date: Sep 13, 2013
  • Previous Sale Amount: $1,000,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE MANAGEMENT CONSULTANT
  • First Mortgage Transaction Date: Jun 21, 2019
  • First Mortgage Loan Amount: $1,745,286
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2049

About South Valley



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Frequently Asked Questions

What neighborhood is 5401 Vanalden Avenue located in?
The 5401 Vanalden Avenue is a house located in the neighborhood of Tarzana in South Valley, Tarzana.
What is the average sales price for listings in 5401 Vanalden Avenue?
The average sales price for units in 5401 Vanalden Avenue is $0 currently.

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