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7248 Alabama Avenue

7248 Alabama Avenue, Canoga Park, CA 91303
Property in Canoga Park
Sold Jun 03, 2005
$1,775,000
$1,000,000 by Mufg Union Bank Na
Mortgage Due Dec 21, 2048
Sold Sep 23, 2002
Transfer
Local assessors in Canoga Park, CA have categorized 7248 Alabama Avenue as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 7,500 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 22 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 22 full bathrooms. There are also 22 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7248 Alabama Avenue has a total of 9,760 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a flat style roof that was made of tar and gravel. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 7248 Alabama Avenue was last sold in May 20, 2005 for $1,775,000. According to our calculations, that's $181.86 per sqft. Current property owners are expected to pay $13,424 in taxes per year. The property on 7248 Alabama Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,039,284. To break that down further, the land itself was valued at $449,712. While improvements to the property were assessed at a total of $589,572. 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: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 22
  • Bathroom Count: 22
  • Full Bathrooms: 22
  • Partial Bathrooms: 22
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 12
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 9,760
  • Gross Building Area: 9,760
  • Building Area: 9,760
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 9,760
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OWENSMOUTH
  • Land Acres: 0.172
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: OWENSMOUTH LOTS 5 AND LOT/SEC 6 BLK/DIV/TWN 60

Ownership

  • Current Owner : MILLER STEVEN
  • Current Owner 2: MILLER ANGELA
  • Previous Owner : CAPITAL FORESIGHT LP
  • Owner Before Previous Owner: 11307 MORRISON STREET PARTNERS LLC
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 134522

Zoning

  • Zoning: LAC2

Geography

  • Assessors Map Reference: 12-C3
  • Parcel: 2111-017-003
  • Block: 60
  • Lot: 5
  • Municipality: NORTH /CNOGA PK RES INC
  • Latitude: 34.2024
  • Longitude: -118.599

    Address

  • Full Address: 7248 Alabama Ave
  • Address - House Number: 7248
  • Address - Street Name: Alabama
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Canoga Park
  • Carrier Code: C009
  • 4-Digit Zip Code: 1577
  • Zip Code: 91303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,424
  • Tax Rate Code Area: 08-852

    Appraisal Valuation

  • Standard Deviation: 0.3328
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 33
  • Final Value: 1,074,728
  • High Value: 1,432,415
  • Low Value: 717,040

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: Dec 21, 2018
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Dec 21, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,039,284
  • Assessed Land Value: $449,712
  • Assessed Improvements Value: $589,572

    Sales

  • Current Sale Contract Date: May 20, 2005
  • Current Sale Recording Date: Jun 03, 2005
  • Current Sale Transaction ID: 1029722565
  • Current Sale Price: $1,775,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 05-1300055
  • Previous Sale Recording Date: Sep 23, 2002
  • Previous Sale Contract Date: Sep 04, 2002
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: VINEYARD BANK
  • First Mortgage Transaction Date: Jun 03, 2005
  • First Mortgage Loan Amount: $1,075,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

About South Valley



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Frequently Asked Questions

What neighborhood is 7248 Alabama Avenue located in?
The 7248 Alabama Avenue is a located in the neighborhood of Canoga Park in South Valley, Canoga Park.
What is the average sales price for listings in 7248 Alabama Avenue?
The average sales price for units in 7248 Alabama Avenue is $0 currently.

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