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12941 Belfair Street

12941 Belfair Street, Norwalk, CA 90650
Property in Norwalk
Sold May 26, 2017
$515,000
$412,000 by American Financial Network Inc
Mortgage Due Jun 01, 2047
12941 Belfair Street has been categorized by the local assessors in Norwalk, CA as a residential type of property. The building on the property was first built in 1956 and is 68 years old. However, we must point out that the home was most recently renovated and altered in 1963. The home has a total of 12 rooms. 4 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, 12941 Belfair Street has 1,996 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 1,000 ft and across the front of the lot is 530 ft. The area measurement of the land has been determined as 5,300 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary 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. For the features and amenities located on the property. There is a attached garage for those who require parking. 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 good. 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 gable 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 central air conditioning 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. Finally, the property is currently sourcing its water from a municipal system. 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, 12941 Belfair Street sold most recently in May 4, 2017 for a total of $515,000. If you work out the math, that's approximately a cost of $258.02 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 $7,219 in taxes each year. 12941 Belfair Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $574,487. If we break it down further, the land itself was valued at $380,501. Improvements to the property, however, were assessed at a total of $193,986. The property's total assessed value has been marked as more than the total market value 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!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: 1956
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,300
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 530
  • Total Building Area: 1,996
  • Building Area: 1,996
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,996
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 22418
  • Land Acres: 0.122
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 22418 LOT/SEC 103

Ownership

  • Current Owner : PHILLIPS CISCO JOHN
  • Current Owner 2: PHILLIPS LYDIA VALDEZ
  • Previous Owner : VALDEZ MARIA DE LOS ANGELES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Norwalk-La Mirada Unified School District
  • Census Tract: 552302

Zoning

  • Zoning: NOR15000*

Geography

  • Assessors Map Reference: 82-C2
  • Subdivision Tract Number: 22418
  • Parcel: 8046-020-025
  • Lot: 103
  • Municipality: SOUTH /NORWALK
  • Latitude: 33.9041
  • Longitude: -118.056

    Address

  • Full Address: 12941 Belfair St
  • Address - House Number: 12941
  • Address - Street Name: Belfair
  • Address - Suffix Type: St
  • State: CA
  • City Name: Norwalk
  • Carrier Code: C045
  • 4-Digit Zip Code: 4503
  • Zip Code: 90650

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,219
  • Tax Rate Code Area: 06-768

    Appraisal Valuation

  • Standard Deviation: 0.2097
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 71
  • Final Value: 812,921
  • High Value: 983,460
  • Low Value: 642,382

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $412,000
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: May 26, 2017
  • First Open Lien Mortgage Loan Amount: $412,000
  • 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: Jun 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $574,487
  • Assessed Land Value: $380,501
  • Assessed Improvements Value: $193,986

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 04, 2017
  • Current Sale Recording Date: May 26, 2017
  • Current Sale Transaction ID: 1812028633
  • Current Sale Price: $515,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-0586057

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Mortgage Transaction Date: May 26, 2017
  • First Mortgage Loan Amount: $412,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

About Norwalk



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Frequently Asked Questions

What neighborhood is 12941 Belfair Street located in?
The 12941 Belfair Street is a located in the neighborhood of Norwalk in Norwalk, Norwalk.
What is the average sales price for listings in 12941 Belfair Street?
The average sales price for units in 12941 Belfair Street is $0 currently.

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