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465 Franklin Lane

465 Franklin Lane, Ventura, CA 93001
Property in Ventura
Sold May 27, 2020
$441,000
$424,061 by Paramount Residential Mortgage
Mortgage Due Jun 01, 2050
465 Franklin Lane has been categorized by the local assessors in Ventura, CA as a residential type of property. The building on the property was first built in 1986 and is 38 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 465 Franklin Lane has 1,264 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,781 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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 garage for those who require parking. The garage measured 463 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. There is a single fireplace in the home. Perfect for those wintery nights. 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, 465 Franklin Lane was last sold in Mar 27, 2020 for $441,000. According to our calculations, that's $348.89 per sqft. Current property owners are expected to pay $4,736 in taxes per year. The property on 465 Franklin Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $463,568. To break that down further, the land itself was valued at $301,162. While improvements to the property were assessed at a total of $162,406. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 463
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,781
  • Total Building Area: 1,264
  • Gross Building Area: 1,264
  • Building Area: 1,264
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,264
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 3948-2
  • Land Acres: 0.041
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT: 394802 LOT: 51 REF: 101MR 47

Ownership

  • Current Owner : HOFFMAN TRACEY
  • Previous Owner : MULLINS BRUCE A
  • Previous Owner 2: MULLINS JUDY A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ventura Unified School District
  • Census Tract: 002200

Zoning

  • Zoning: RPD1U

Geography

  • Assessors Map Reference: 101MR 47
  • District: 05
  • Subdivision Tract Number: 394802
  • Parcel: 069-0-240-145
  • Block: 240
  • Lot: 51
  • Municipality: VENTURA
  • Latitude: 34.3017
  • Longitude: -119.288

    Address

  • Full Address: 465 Franklin Ln
  • Address - House Number: 465
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Ventura
  • Carrier Code: C012
  • 4-Digit Zip Code: 1498
  • Zip Code: 93001

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,736
  • Tax Rate Code Area: 05-136

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 625,441
  • High Value: 732,768
  • Low Value: 518,113

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $424,061
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: May 27, 2020
  • First Open Lien Mortgage Loan Amount: $424,061
  • 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, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $463,568
  • Assessed Land Value: $301,162
  • Assessed Improvements Value: $162,406

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 27, 2020
  • Current Sale Recording Date: May 27, 2020
  • Current Sale Transaction ID: 11762523866
  • Current Sale Price: $441,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20200527-00073728

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: May 27, 2020
  • First Mortgage Loan Amount: $424,061
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

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Frequently Asked Questions

What neighborhood is 465 Franklin Lane located in?
The 465 Franklin Lane is a located in the neighborhood of Ventura in San Buenaventura (Ventura), Ventura.
What is the average sales price for listings in 465 Franklin Lane?
The average sales price for units in 465 Franklin Lane is $0 currently.

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