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7701 Bakman Avenue

7701 Bakman Avenue, Sun Valley, CA 91352
House in Sun Valley
Sold Nov 29, 2018
$530,000
$520,400 by United Wholesale Mortgage
Mortgage Due Dec 01, 2048
7701 Bakman Avenue has been categorized by the local assessors in Sun Valley, CA as a residential type of property. The building on the property was first built in 1946 and is 78 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7701 Bakman Avenue has 1,008 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,310 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,507 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 7701 Bakman Avenue sold most recently in Nov 6, 2018 for a total of $530,000. If you work out the math, that's approximately a cost of $525.79 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 $6,751 in taxes each year. The initial year of tax delinquency occurred in 2019. 7701 Bakman Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $568,264. If we break it down further, the land itself was valued at $444,212. Improvements to the property, however, were assessed at a total of $124,052. The property's total assessed value has been marked as more than the total market value 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.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: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,507
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 13264
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 13264 LOT/SEC 84

Ownership

  • Current Owner : VARGAS CRYSTAL SHANTE
  • Current Owner 2: MARTINEZ JAVIER ORTEGA
  • Previous Owner : GRAMALEGUI CARLOS ROBERT
  • Previous Owner 2: THE CARLOS GRAMALEGUI TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 122120

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 16-D2
  • Subdivision Tract Number: 13264
  • Parcel: 2315-001-012
  • Lot: 84
  • Municipality: NORTH /NORTH HOLLYWOOD
  • Latitude: 34.2104
  • Longitude: -118.378

    Address

  • Full Address: 7701 Bakman Ave
  • Address - House Number: 7701
  • Address - Street Name: Bakman
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Sun Valley
  • Carrier Code: C010
  • 4-Digit Zip Code: 4422
  • Zip Code: 91352

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,751
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 771,188
  • High Value: 938,181
  • Low Value: 604,195

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $647,975
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 29, 2018
  • First Open Lien Mortgage Loan Amount: $520,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2048
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Jun 08, 2022
  • Second Open Lien Mortgage Loan Amount: $127,575
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $568,264
  • Assessed Land Value: $444,212
  • Assessed Improvements Value: $124,052

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 06, 2018
  • Current Sale Recording Date: Nov 29, 2018
  • Current Sale Transaction ID: 11535299439
  • Current Sale Price: $530,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-1202450

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 29, 2018
  • First Mortgage Loan Amount: $520,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2048

About North Valley



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Frequently Asked Questions

What neighborhood is 7701 Bakman Avenue located in?
The 7701 Bakman Avenue is a house located in the neighborhood of Sun Valley in North Valley, Sun Valley.
What is the average sales price for listings in 7701 Bakman Avenue?
The average sales price for units in 7701 Bakman Avenue is $0 currently.

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