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7045 Independence Avenue

7045 Independence Avenue, Canoga Park, CA 91303
Property in Canoga Park
Sold Dec 03, 2019
$600,000
$442,000 by United Wholesale Mortgage
Mortgage Due Sep 01, 2051
Sold Jan 28, 2013
$375,000
$281,250 by Prospect Mortgage Llc
Mortgage Due Feb 01, 2043
Local assessors in Canoga Park, CA have categorized 7045 Independence Avenue as a residential type of property. The home was built in 1954 and is 70 years old. It was most recently renovated and altered in 1955. The property's lot size has been calculated to be 7,523 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 750 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 6 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 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 7045 Independence Avenue has a total of 2,164 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. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 hip style roof that was made of gravel/rock. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source. The property was last sold in Nov 26, 2019 for $600,000. That's $277.26 per sqft. Prior to that sales transaction, the property was also sold in Jan 24, 2013 for $375,000. 7045 Independence Avenue was last assessed in 2023. The total value of the property was assessed at $789,805. Specifically, the land the property is located on was valued at $497,837. While improvements on the property were assessed at a total of $291,968. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $7,553. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1955
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,523
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,164
  • Building Area: 2,164
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,164
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7348
  • Land Acres: 0.173
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 7348 S 75 FT OF N 180.06 FT OF LOT/SEC 6 BLK/DIV/TWN 4

Ownership

  • Current Owner : GARCIA JOSE MENDEZ
  • Previous Owner : TRAN THAI NHUT
  • Previous Owner 2: TRAN THOAI NHUT
  • Owner Before Previous Owner: ALTA COMMUNITY INVETMENT VI LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 134001

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 12-D4
  • Subdivision Tract Number: 7348
  • Parcel: 2138-025-014
  • Block: 4
  • Lot: 6
  • Municipality: NORTH /N.E.CANOGA PARK
  • Latitude: 34.1987
  • Longitude: -118.591

    Address

  • Full Address: 7045 Independence Ave
  • Address - House Number: 7045
  • Address - Street Name: Independence
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Canoga Park
  • Carrier Code: C002
  • 4-Digit Zip Code: 2228
  • Zip Code: 91303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,553
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2129
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 803,335
  • High Value: 974,437
  • Low Value: 632,233

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $442,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 19, 2021
  • First Open Lien Mortgage Loan Amount: $442,000
  • 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: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $789,805
  • Assessed Land Value: $497,837
  • Assessed Improvements Value: $291,968

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 26, 2019
  • Current Sale Recording Date: Dec 03, 2019
  • Current Sale Transaction ID: 11706777259
  • Current Sale Price: $600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-1326434
  • Previous Sale Recording Date: Jan 28, 2013
  • Previous Sale Contract Date: Jan 24, 2013
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Dec 03, 2019
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: PROSPECT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jan 28, 2013
  • Previous Mortgage Loan Amount: $281,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2043

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Frequently Asked Questions

What neighborhood is 7045 Independence Avenue located in?
The 7045 Independence Avenue is a other located in the neighborhood of Canoga Park in South Valley, Canoga Park.
What is the average sales price for listings in 7045 Independence Avenue?
The average sales price for units in 7045 Independence Avenue is $0 currently.

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