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8513 Costello Avenue

8513 Costello Avenue, Panorama City, CA 91402
Property in Panorama City
Sold Dec 30, 2015
$410,000
Sold May 20, 2002
$225,000
$202,500 by Americas Wholesale Lndr
Mortgage Due Jun 01, 2032
8513 Costello Avenue has been categorized by the local assessors in Panorama City, CA as a residential type of property. The building on the property was first built in 1949 and is 75 years old. However, we must point out that the home was most recently renovated and altered in 1951. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8513 Costello Avenue has 1,014 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 1,010 ft and across the front of the lot is 610 ft. The area measurement of the land has been determined as 6,250 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. 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 wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing floor/wall heating system. 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, 8513 Costello Avenue was last sold in Nov 13, 2015 for $410,000. According to our calculations, that's $404.34 per sqft. Prior to that sales transaction, the property was sold for $225,000 in Apr 19, 2002. Current property owners are expected to pay $6,209 in taxes per year. The property on 8513 Costello Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $518,349. To break that down further, the land itself was valued at $357,167. While improvements to the property were assessed at a total of $161,182. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1949
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,014
  • Building Area: 1,014
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,014
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 15478
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 15478 LOT/SEC 50

Ownership

  • Current Owner : MARTINEZ J SOCORRO
  • Current Owner 2: CONTRERAS MARTHA ALICIA MARTINEZ
  • Previous Owner : MENDOZA IGNACIO REYES
  • Owner Before Previous Owner: QUINTON WILLIAM MAX
  • Owner Before Previous Owner 2: QUINTON LINDA ROCHELLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 119900

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 15-E1
  • Subdivision Tract Number: 15478
  • Parcel: 2638-033-034
  • Lot: 50
  • Municipality: NORTH /VAN NUYS
  • Latitude: 34.2255
  • Longitude: -118.439

    Address

  • Full Address: 8513 Costello Ave
  • Address - House Number: 8513
  • Address - Street Name: Costello
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Panorama City
  • Carrier Code: C026
  • 4-Digit Zip Code: 3726
  • Zip Code: 91402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,209
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2251
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 743,427
  • High Value: 910,775
  • Low Value: 576,079

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $518,349
  • Assessed Land Value: $357,167
  • Assessed Improvements Value: $161,182

    Sales

  • Current Sale Contract Date: Nov 13, 2015
  • Current Sale Recording Date: Dec 30, 2015
  • Current Sale Transaction ID: 1388404632
  • Current Sale Price: $410,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-1640216
  • Previous Sale Recording Date: May 20, 2002
  • Previous Sale Contract Date: Apr 19, 2002
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BEST CAPITAL FUNDING
  • First Mortgage Transaction Date: Dec 30, 2015
  • First Mortgage Loan Amount: $402,573
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LNDR
  • Previous Mortgage Transaction Date: May 20, 2002
  • Previous Mortgage Loan Amount: $202,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2032

About North Valley



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 8513 Costello Avenue located in?
The 8513 Costello Avenue is a located in the neighborhood of Panorama City in North Valley, Panorama City.
What is the average sales price for listings in 8513 Costello Avenue?
The average sales price for units in 8513 Costello Avenue is $0 currently.

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