NOT LISTED FOR SALE

Estimated Value: $1,174,000 - $1,532,000

2 Beds
3 Baths
1,849 Sq Ft
$697/Sq Ft Est. Value

Last Sold March 22, 2013

Last sale price $545,000 $295 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $7,428/month

5 Days on Market

Highlights

  • Detached Guest House
  • Horses Allowed On Property
  • 36,920 Sq Ft lot
  • Verdugo Hills Senior High School Rated A-
  • In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of March 2013

Unique horse lovers delight located in desirable Shadow Hills Estates. Two luxury bedroom suites in spacious main house with double door entry. Charming separate guest house with additional bedroom, full bath and kitchenette. Beautifully landscaped backyard with swimming pool and hot tub filled with fruit trees - lemon, grapefruit, navel orange and tangelo. In addition, large area for your horses. ***Sale is contingent upon the seller obtaining the prior written approval of Bank of America.

Last Agent to Sell the Property

Erika Kita

Douglas Elliman License #01841359 Listed on: 02/01/2012

Douglas Elliman

Last Buyer's Agent

Vartan Akopyan

License #01158776

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 0.85 Acre Lot
  • Property is zoned LARA

Parking

  • Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,849 Sq Ft Home
  • Built-In Features
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Bonus Room
  • Carpet
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Bathrooms

Additional Features

  • In Ground Pool
  • Detached Guest House
  • Horses Allowed On Property
  • Central Heating and Cooling System

Community Details

  • 10-Story Property

Listing and Financial Details

  • Assessor Parcel Number 2542-010-031

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1849
  • Stories: 10
  • Year Built: 1980
  • State Abbrv: CA
  • Special Features: 12

Interior Features

  • Fireplace Rooms: Family Room, Master Bedroom
  • Flooring: Carpet
  • Bedrooms: 2
  • Fireplaces: 2
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Built-Ins, Dishwasher, Garbage Disposal
  • Fireplace: Yes
  • Price Per S Q F T: 302.87

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: Private
  • Pool: Yes
  • View: No

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Private Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fees: 130.00

Lot Info

  • Horses: Yes
  • Assessor Parcel Number: 2542-010-031
  • Lot Size Area: 36920

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2017
Sold by
Ovsepian Anri
Bought by
Ovsepian Anri H and The Anri H Ovsepian Living Tru
Current Estimated Value
$1,288,373

Purchase Details

Listed on
Feb 1, 2012
Closed on
Feb 18, 2013
Sold by
Cisar Martin and Cisar Susan
Bought by
Ovsepian Anri
Seller's Agent
Erika Kita
Douglas Elliman
Buyer's Agent
Vartan Akopyan
List Price
$725,000
Sold Price
$545,000
Premium/Discount to List
-$180,000
-24.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$490,500
Outstanding Balance
$342,953
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$945,420

Purchase Details

Closed on
Aug 5, 2009
Sold by
Salazar Isidro Mario
Bought by
Cisar Martin and Cisar Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,975
Interest Rate
5.05%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2006
Sold by
Clark Randy A and Clark Kimberly
Bought by
Salazar Isidro Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.32%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 7, 2005
Sold by
Hannemann Erwin E and Hannemann Iris E
Bought by
Clark Randy A and Clark Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 25, 1993
Sold by
Paradis William C and Paradis Diane E
Bought by
Hannemann Erwin E and Hannemann Iris E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ovsepian Anri H -- None Available
Ovsepian Anri $545,000 None Available
Ovsepian Anri -- None Available
Cisar Martin $600,000 Fidelity National Title Co
Salazar Isidro Mario $850,000 Chicago Title Co
Clark Randy A $802,000 Chicago Title
Hannemann Erwin E $312,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ovsepian Anri $490,500
Previous Owner Cisar Martin $579,975
Previous Owner Salazar Isidro Mario $170,000
Previous Owner Salazar Isidro Mario $680,000
Previous Owner Clark Randy A $240,000
Previous Owner Hannemann Erwin E $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2013 03/22/13 Sold $545,000 -2.7% $295 / Sq Ft
01/15/2013 01/15/13 Price Changed $560,000 -17.0% $303 / Sq Ft
09/12/2012 09/12/12 Price Changed $675,000 -3.4% $365 / Sq Ft
09/05/2012 09/05/12 Price Changed $699,000 -3.6% $378 / Sq Ft
08/21/2012 08/21/12 For Sale $725,000 0.0% $392 / Sq Ft
08/21/2012 08/21/12 Price Changed $725,000 +29.5% $392 / Sq Ft
02/06/2012 02/06/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $560,000 -- $303 / Sq Ft
Source: The MLS

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 $8,852 $671,114 $501,184 $169,930
2024 $8,852 $657,956 $491,357 $166,599
2023 $8,696 $645,056 $481,723 $163,333
2022 $8,324 $632,409 $472,278 $160,131
2021 $8,225 $620,010 $463,018 $156,992
2020 $8,300 $613,654 $458,271 $155,383
2019 $8,000 $601,623 $449,286 $152,337
2018 $7,542 $589,827 $440,477 $149,350
2016 $7,129 $566,925 $423,374 $143,551
2015 $7,029 $558,410 $417,015 $141,395
2014 $7,071 $547,473 $408,847 $138,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-578927

The MLS

APN: 2542-010-031