NOT LISTED FOR SALE

Estimated Value: $877,000 - $1,031,000

2 Beds
1 Bath
868 Sq Ft
$1,088/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $925,000 $1,066 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,024/month

7 Days on Market

Highlights

  • Community Stables
  • Horse Property
  • No HOA
  • Verdugo Hills Senior High School Rated A-
  • RV Access or Parking
  • Plantation Shutters

About This Home

As of May 2024

Here is an equestrian mini "ranchette" in Shadow Hills on a large flat lot! The 2 bedroom, one bath home is situated on one half of the parcel, most of the other half is dedicated to horses with a large grazing area, stables for 3 horses and covered hay storage. There is a one car garage and a long paving stone driveway. The yard is filled with fruit trees, a small patio with an arbor, there is a waterfall and koi pond, as well as a walled in garden for the tortoises. The house is 2 bedrooms and one bath with a Malm fireplace in the living room-- if you know, you know. It has an owned solar system and the house is almost completely original, so plan to update absolutely everything. Tax records show the frontage of the property at 152 feet, and the depth is 130 feet-- of course the buyer should verify everything. This home is occupied and there are large protective dogs, so please do not disturb the owner.
AGENTS please read the private remarks carefully for very important information.

Last Agent to Sell the Property

Grace Fogg Miranda

Keller Williams Realty World Media Center Brokerage Email: mirandaoffer@gmail.com License #01275725 Listed on: 03/15/2024

Keller Williams Realty World Media Center

Last Buyer's Agent

Nonna Gasparyan

Coldwell Banker Hallmark Realty License #01773402

Coldwell Banker Hallmark Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 0.46 Acre Lot
  • Garden
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway Level
  • RV Access or Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 868 Sq Ft Home
  • 1-Story Property
  • Plantation Shutters
  • Living Room with Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Horse Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Septic Type Unknown
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 2542010004

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Stables
  • Horse Trails

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2542010004
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 868.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1065.67
  • Room Type: All Bedrooms Down
  • Window Features: Plantation Shutters

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage - Single Door, RV Access/Parking
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Sewer Not Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s), Floor Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Garden, Horse Property, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 19831.00
  • Lot Size Acres: 0.4553

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19831.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1033
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
May 9, 2024
Sold by
Gail S Wilke Trust and Wilke Gail S
Bought by
Airapetian Aram and Airapetian Khatchik
Seller's Agent
Grace Fogg Miranda
Keller Williams Realty World Media Center
Buyer's Agent
Nonna Gasparyan
Coldwell Banker Hallmark Realty
List Price
$900,000
Sold Price
$925,000
Premium/Discount to List
$25,000
2.78%
Views
29
Current Estimated Value
$944,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,558
Avg. Annual Appreciation
1.31%
Original Mortgage
$740,000
Outstanding Balance
$729,505
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$215,053

Purchase Details

Closed on
Feb 20, 1997
Sold by
Wilke Gail S
Bought by
Wilke Gail S and The Gail S Wilke Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Airapetian Aram $925,000 Lawyers Title Company
Wilke Gail S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Airapetian Aram $740,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2024 05/16/24 Sold $925,000 +2.8% $1,066 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $900,000 -- $1,037 / 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 $894 $943,500 $859,758 $83,742
2024 $894 $56,894 $37,460 $19,434
2023 $881 $55,779 $36,726 $19,053
2022 $846 $54,686 $36,006 $18,680
2021 $832 $53,614 $35,300 $18,314
2019 $811 $52,026 $34,254 $17,772
2018 $746 $51,007 $33,583 $17,424
2016 $704 $49,029 $32,280 $16,749
2015 $695 $48,294 $31,796 $16,498
2014 $715 $47,349 $31,174 $16,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB24052589

California Regional Multiple Listing Service (CRMLS)

APN: 2542-010-004