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7718 Bakman Avenue

7718 Bakman Avenue, Sun Valley, CA 91352
Property in Sun Valley
Sold Mar 31, 1995
$120,000
$202,500 by Americas Wholesale Lender
Mortgage Due May 01, 2034
Sold Jul 28, 1994
$169,559
7718 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 1947 and is 77 years old. The home has a total of 6 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7718 Bakman Avenue has 2,281 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 1,330 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,650 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. Moving on to the building itself. The condition of the building has been evaluated as average. 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. The inside of the home is being cooled with a evaporative cooler at the moment. In terms of heating, it is utilizing a central 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, 7718 Bakman Avenue sold most recently in Mar 30, 1995 for a total of $120,000. If you work out the math, that's approximately a cost of $52.61 per sqft. Before that, the property was also sold for $169,559 in Jul 20, 1994. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,531 in taxes each year. 7718 Bakman Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $449,795. If we break it down further, the land itself was valued at $144,170. Improvements to the property, however, were assessed at a total of $305,625. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1947
  • Effective Year Built: 1947
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • 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: 6,650
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,281
  • Building Area: 2,281
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Evaporative cooler
  • Heating: Central heating
  • Heated Square Feet: 2,281
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 13264
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 13264 LOT/SEC 64

Ownership

  • Current Owner : GARCIA Z GILBERTO
  • Current Owner 2: GARCIA JOSE
  • Previous Owner : FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Owner Before Previous Owner: AMERICAN CITY MTG CORP
  • 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: 2315-002-016
  • Lot: 64
  • Municipality: NORTH /NORTH HOLLYWOOD
  • Latitude: 34.2108
  • Longitude: -118.378

    Address

  • Full Address: 7718 Bakman Ave
  • Address - House Number: 7718
  • Address - Street Name: Bakman
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Sun Valley
  • Carrier Code: C010
  • 4-Digit Zip Code: 4421
  • Zip Code: 91352

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,531
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2358
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 876,419
  • High Value: 1,083,131
  • Low Value: 669,707

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $202,500
  • First Open Lien Mortgage Lender: AMERICAS WHOLESALE LENDER
  • First Open Lien Mortgage Recording Date: Apr 30, 2004
  • First Open Lien Mortgage Loan Amount: $202,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: May 01, 2034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $449,795
  • Assessed Land Value: $144,170
  • Assessed Improvements Value: $305,625

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 30, 1995
  • Current Sale Recording Date: Mar 31, 1995
  • Current Sale Transaction ID: 1030534056
  • Current Sale Price: $120,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 95-0465023
  • Previous Sale Recording Date: Jul 28, 1994
  • Previous Sale Contract Date: Jul 20, 1994
  • Previous Sale Amount: $169,559
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: DIRECTORS MORTGAGE
  • First Mortgage Transaction Date: Mar 31, 1995
  • First Mortgage Loan Amount: $114,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2025

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Frequently Asked Questions

What neighborhood is 7718 Bakman Avenue located in?
The 7718 Bakman Avenue is a located in the neighborhood of Sun Valley in North Valley, Sun Valley.
What is the average sales price for listings in 7718 Bakman Avenue?
The average sales price for units in 7718 Bakman Avenue is $0 currently.

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