NOT LISTED FOR SALE

Estimated Value: $1,383,000 - $1,585,000

3 Beds
2 Baths
2,160 Sq Ft
$674/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $1,110,000 $514 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $9,165/month

7 Days on Market

Highlights

  • Community Stables
  • 4.79 Acre Lot
  • Deck
  • Verdugo Hills Senior High School Rated A-
  • Mountain View
  • No HOA

About This Home

As of December 2020

Such an incredible and very RARE property in all of LA! With majestic 360 - degree views, tranquility and complete privacy, this is a developer’s absolute dream!! Centrally located in the heart of the beautiful Shadow Hills community, this hilltop, single parcel property is zoned RE 40. The crown jewel here is the land, and the home on the property is sold “AS-IS”! (Buyer to verify all.) Utilities on property include power, public sewer and public water. Properties with development potential of this caliber rarely come to the market. Here is the ideal land for developers and owner builders looking to acquire a remaining piece of “gold” countryside in southern California!

Last Agent to Sell the Property

Victoria Waldorf

Equity Union License #02054131 Listed on: 10/24/2020

Equity Union

Last Buyer's Agent

Victoria Waldorf

Equity Union License #02054131 Listed on: 10/24/2020

Equity Union

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,854

Year Built

  • Built in 1979

Lot Details

  • 4.79 Acre Lot
  • Chain Link Fence
  • Density is 2-5 Units/Acre
  • Property is zoned LARE40

Parking

  • 2 Car Garage

Property Views

  • Mountain
  • Hills

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 2543002001

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Stables
  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,854

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LARE40
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2543002001
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2160.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 513.89
  • Room Type: Family Room

Exterior Features

  • Patio: Yes
  • View: Hills, Mountain(s)
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Deck, Front Porch, Rear Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Stable(s)

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 208652.40
  • Lot Size Acres: 4.7900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4.7900 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1033.00
  • Tax Lot: 42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2020
Closed on
Nov 25, 2020
Sold by
Kernkamp Willem J
Bought by
Karapetian Grant and Yenokyan Aida
Seller's Agent
Victoria Waldorf
Equity Union
Buyer's Agent
Victoria Waldorf
Equity Union
List Price
$899,999
Sold Price
$1,110,000
Premium/Discount to List
$210,001
23.33%
Current Estimated Value
$1,454,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,842
Avg. Annual Appreciation
5.79%
Original Mortgage
$800,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2007
Sold by
Kernkamp Willem J
Bought by
Kernkamp Willem J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2000
Sold by
Barnes Rockwell F
Bought by
Kernkamp Willem J and Kernkamp Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
8.08%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Karapetian Grant $1,110,000 Pacific Coast Title Company
Kernkamp Willem J -- Lenders Choice Title Company
Kernkamp Willem J $389,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karapetian Grant $822,000
Closed Karapetian Grant $800,000
Previous Owner Kernkamp Willem J $417,000
Previous Owner Kernkamp Willem J $200,000
Previous Owner Kernkamp Willem J $308,000
Previous Owner Kernkamp Willem J $100,000
Previous Owner Kernkamp Willem J $311,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $1,110,000 +23.3% $514 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
10/24/2020 10/24/20 For Sale $899,999 -- $417 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,854 $1,201,498 $1,190,674 $10,824
2024 $14,854 $1,177,940 $1,167,328 $10,612
2023 $14,573 $1,154,844 $1,144,440 $10,404
2022 $13,918 $1,132,200 $1,122,000 $10,200
2021 $14,595 $1,110,000 $1,100,000 $10,000
2020 $7,911 $546,674 $365,392 $181,282
2019 $6,999 $535,956 $358,228 $177,728
2018 $6,891 $525,448 $351,204 $174,244
2016 $6,594 $505,046 $337,567 $167,479
2015 $9,969 $497,461 $332,497 $164,964
2014 $6,578 $487,717 $325,984 $161,733
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20224996

California Regional Multiple Listing Service (CRMLS)

APN: 2543-002-001