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12014 Molette Street

12014 Molette Street, Norwalk, CA 90650
Property in Norwalk
Sold Dec 04, 2008
$253,000
$390,000 by United Wholesale Mortgage Llc
Mortgage Due Feb 01, 2053
Sold Jul 16, 2008
$261,000
12014 Molette Street in Norwalk, CA was first built in 1948 and is 76 years old. Although, the building on the property was most recently renovated and altered in 1950. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 12014 Molette Street has 1,178 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,040. In total, the area measurement of the land is 5,200 square feet.

Learn more about the property and building on this page. The roof of the home is made of gravel/rock. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating 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, 12014 Molette Street sold most recently in Oct 11, 2008 for a total of $253,000. If you work out the math, that's approximately a cost of $214.77 per sqft. Before that, the property was also sold for $261,000 in Jun 30, 2008. 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 $4,182 in taxes each year. 12014 Molette Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $313,139. If we break it down further, the land itself was valued at $222,172. Improvements to the property, however, were assessed at a total of $90,967. 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: 1948
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,200
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,178
  • Building Area: 1,178
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,178
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PETROLEUM CENTER
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PETROLEUM CENTER LOTS 6 AND LOT/SEC 7 BLK/DIV/TWN P

Ownership

  • Current Owner : GALINDO ANTONIO
  • Previous Owner : WELLS FARGO BANK NA
  • Owner Before Previous Owner: MALAGON ARTURO
  • Owner Before Previous Owner 2: MALAGON MARTHA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Norwalk-La Mirada Unified School District
  • Census Tract: 552601

Zoning

  • Zoning: NOR1YY

Geography

  • Assessors Map Reference: 82-A3
  • Parcel: 8080-027-005
  • Block: P
  • Lot: 6
  • Municipality: SOUTH /NORWALK
  • Latitude: 33.8916
  • Longitude: -118.077

    Address

  • Full Address: 12014 Molette St
  • Address - House Number: 12014
  • Address - Street Name: Molette
  • Address - Suffix Type: St
  • State: CA
  • City Name: Norwalk
  • Carrier Code: C003
  • 4-Digit Zip Code: 6661
  • Zip Code: 90650

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,182
  • Tax Rate Code Area: 06-768

    Appraisal Valuation

  • Standard Deviation: 0.2217
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 655,501
  • High Value: 800,860
  • Low Value: 510,142

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $390,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 01, 2023
  • First Open Lien Mortgage Loan Amount: $390,000
  • 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: Feb 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $313,139
  • Assessed Land Value: $222,172
  • Assessed Improvements Value: $90,967

    Sales

  • Current Sale Contract Date: Oct 11, 2008
  • Current Sale Recording Date: Dec 04, 2008
  • Current Sale Transaction ID: 1032977384
  • Current Sale Price: $253,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 08-2134978
  • Previous Sale Recording Date: Jul 16, 2008
  • Previous Sale Contract Date: Jun 30, 2008
  • Previous Sale Amount: $261,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: CAMBRIDGE FUNDING GROUP INC
  • First Mortgage Transaction Date: Dec 04, 2008
  • First Mortgage Loan Amount: $249,091
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2038

About Norwalk



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 12014 Molette Street located in?
The 12014 Molette Street is a located in the neighborhood of Norwalk in Norwalk, Norwalk.
What is the average sales price for listings in 12014 Molette Street?
The average sales price for units in 12014 Molette Street is $0 currently.

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