NOT LISTED FOR SALE

10427 Variel Ave Chatsworth, CA 91311

Estimated Value: $1,025,021 - $1,057,000

3 Beds
1 Bath
1,501 Sq Ft
$693/Sq Ft Est. Value

Last Sold February 08, 2021

Last sale price $855,000 $570 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,395/month

Highlights

  • 0.52 Acre Lot
  • Beamed Ceilings
  • Patio
  • No HOA
  • Front Porch
  • Laundry Room

About This Home

As of February 2021

INCREDIBLE HORSE PROPERTY! RARE 22,497 SQFT LOT WITH STREET-TO-STREET ACCESS (Variel Ave & Milwood Ave)! An amazing opportunity to own a 1/2 acre lot in Chatsworth! This land screams POTENTIAL! The main house is 1,501 SqFt and offers 2 Beds & 1 Bath with the Den currently being used as a 3rd Bedroom.  It has high beam ceilings and needs updating.You can truly make this your own paradise. A 2 car detached garage, workshops and a tack shed for your animals. Other features include: Copper plumbing, updated electrical panel to 200 AMP, roof approx 7 years on main house. Huge lot offers endless possibilities to build, expand, and remodel into the home of your dreams.  Truly a one-of-a-kind horse property not available in the area, especially to have street to street access. Property surrounded by multi-million dollar homes in a prestigious neighborhood of Chatsworth. This highly sought after location is close to the prestigious Sierra Canyon private school, moments away from Stoney Point Park and conveniently located to horse trails, restaurants, shopping, parks, schools, and so much more! Jogging and equestrian trails are abundant. Chatsworth is one of the valley's most serene and scenic areas
THIS RANCH HOME WON'T LAST! COME SEE IT BEFORE IT'S GONE!

Last Agent to Sell the Property

Grace Elias

Luxury Collective License #01917488 Listed on: 10/09/2020

Co-Listed By

Gabriel Elias

No Firm Affiliation License #02089409

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,417

Year Built

  • Built in 1937

Lot Details

  • 0.52 Acre Lot
  • Property is zoned LARA

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,501 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Front Porch

Schools

  • Chatsworth High School

Farming

  • Agricultural

Utilities

  • No Heating
  • 220 Volts

Listing and Financial Details

  • Tax Lot 175
  • Tax Tract Number 7754
  • Assessor Parcel Number 2706020025

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Mountainous Community

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,417

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: All Appliances
  • Property Attached: No
  • View: No
  • Zoning: LARA
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2706020025
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1501.00 Square Feet
  • Interior Amenities: Beamed Ceilings
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 569.62
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Shed(s)
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Asphalt, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Electric: 220 Volts
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Horse Trails, Mountainous, Street Lights

Schools

  • High School: Chatsworth
  • High School2: CHATSW

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural
  • Lot Size Sq Ft: 22497.00
  • Lot Size Acres: 0.5165

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22497.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1131.01
  • Tax Lot: 175
  • Tax Tract Number: 7754

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2004
Sold by
Lane Shawn Patrick and Lane Paul Michael
Bought by
Jolly Garry T
Current Estimated Value
$1,040,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Outstanding Balance
$205,914
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$834,091

Purchase Details

Closed on
Aug 17, 2004
Sold by
Lane Shawn Patrick and Jolly Eileen Kimberly
Bought by
Jolly Eileen Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Outstanding Balance
$205,914
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$834,091

Purchase Details

Closed on
Jun 11, 2003
Sold by
Lane William T
Bought by
William Thomas Lane Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2001
Sold by
Lane William T
Bought by
William Thomas Living Trust
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
Jolly Garry T -- Chicago Title Company
Lane Timothy Christopher -- Chicago Title Company
Lane Paul Michael -- Chicago Title Company
Jolly Eileen Kimberly -- --
William Thomas Lane Living Trust -- First Southwestern Title Co
Lane William T -- First Southwestern Title Co
William Thomas Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jolly Garry T $438,000
Previous Owner Lane William T $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2021 02/08/21 Sold $855,000 +0.6% $570 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $850,000 0.0% $566 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $850,000 -0.6% $566 / Sq Ft
10/29/2020 10/29/20 Off Market $855,000 -- --
10/09/2020 10/09/20 For Sale $850,000 -- $566 / 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 $11,417 $925,477 $740,382 $185,095
2024 $11,379 $907,331 $725,865 $181,466
2023 $11,163 $889,541 $711,633 $177,908
2022 $10,647 $872,100 $697,680 $174,420
2021 $1,389 $85,102 $40,285 $44,817
2020 $1,395 $84,230 $39,872 $44,358
2019 $1,356 $82,580 $39,091 $43,489
2018 $1,158 $80,962 $38,325 $42,637
2016 $1,091 $77,820 $36,838 $40,982
2015 $1,077 $76,652 $36,285 $40,367
2014 $1,097 $75,152 $35,575 $39,577
Source: Public Records

Agents Affiliated with this Home

  • Grace Elias

    Seller's Agent in 2021

    Grace Elias

    Luxury Collective

    (818) 491-4500

    4 in this area

    48 Total Sales

    Grace Elias
    Section Image

  • G

    Seller Co-Listing Agent in 2021

    Gabriel Elias

    No Firm Affiliation

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20210925

California Regional Multiple Listing Service (CRMLS)

APN: 2706-020-025

California Los Angeles County Chatsworth 91311

10427 Variel Ave, Chatsworth, CA

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