NOT LISTED FOR SALE

Estimated Value: $1,123,000 - $1,309,388

3 Beds
2 Baths
1,720 Sq Ft
$717/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $1,185,000 $689 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,950/month

8 Days on Market

Highlights

  • Horse Property
  • Open Floorplan
  • Main Floor Bedroom
  • In Ground Pool
  • Contemporary Architecture
  • Private Yard

About This Home

As of May 2024

Welcome to this stunning horse property, offering exceptional investment potential, nestled on a sprawling 26,281 square feet lot. Perfect for savvy investors, this property provides ample space for expansion and development. Highlights include a bright and spacious living room with a fireplace, along with a dining room. Property profile shows a duplex, check updated preliminary title report as it currently is a single-family residence, boasting 3 bedrooms, 2 baths, swimming pool . Freshly painted throughout the interiors. Sold As-Is, this property is a fixer-upper awaiting its transformation into a captivating haven. This property is a dream come true in a generous half-acre of flat land, it offers the ideal setting for indulging in equestrian passions. Whether you're envisioning riding arenas, stables, the possibilities are endless. Don't miss to see this exceptional property.

Last Agent to Sell the Property

Zartik Garabedian

Engel & Völkers Burbank Brokerage Phone: 818-624-8777 License #00976559 Listed on: 04/15/2024

Engel & Völkers Burbank

Last Buyer's Agent

Claudia Cuadras

Sync Brokerage, Inc. License #01736452

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 0.6 Acre Lot
  • Wood Fence
  • Level Lot
  • Front Yard Sprinklers
  • Private Yard
  • Back and Front Yard
  • Density is 26-30 Units/Acre
  • Property is zoned LARA

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Fixer Upper
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,720 Sq Ft Home
  • Open Floorplan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Separate Shower

Outdoor Features

  • In Ground Pool
  • Horse Property

Utilities

  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 22 / 11
  • Assessor Parcel Number 2528014010
  • $685 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LARA
  • Architectural Style: Contemporary
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2528014010
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1720.00 Square Feet
  • Interior Amenities: Copper Plumbing Partial, Open Floorplan
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 688.95
  • Room Type: All Bedrooms Down, Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Separate Tub And Shower, Tile Counters, Walk-In Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Water Heater, Water Heater
  • Heating Type: Fireplace(s)
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 26-30 Units/Acre, Back Yard, Front Yard, Horse Property, Level with Street, Sprinklers In Front, Yard
  • Lot Size Sq Ft: 26281.00
  • Lot Size Acres: 0.6033

Multi Family

  • Lease Considered: No
  • Lot Size Area: 26281.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 11
  • Tax Census Tract: 1211.02
  • Tax Lot: 22
  • Tax Tract Number: Maclay
  • TaxOtherAnnualAssessmentAmount: 685.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2024
Sold by
Penaloza Juan Jose and Penaloza Erika
Bought by
Penaloza Juan and Penaloza Erika
Current Estimated Value
$1,233,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,050
Outstanding Balance
$721,629
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$511,968

Purchase Details

Listed on
Apr 15, 2024
Closed on
Apr 26, 2024
Sold by
Karayan Family Trust and Karayan Sooren
Bought by
Penaloza Juan Jose and Penaloza Erika
Seller's Agent
Zartik Garabedian
Engel & Völkers Burbank
Buyer's Agent
Claudia Cuadras
Sync Brokerage, Inc.
List Price
$999,999
Sold Price
$1,185,000
Premium/Discount to List
$185,001
18.5%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.47%
Original Mortgage
$711,000
Interest Rate
6.87%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 13, 2023
Sold by
Karayan Sooren and Karayan Edna
Bought by
Karayan Family Trust

Purchase Details

Closed on
Dec 19, 2001
Sold by
Karayan Sooren and Karayan Edna
Bought by
Karayan Sooren and Karayan Edna
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
Penaloza Juan -- Lawyers Title
Penaloza Juan Jose $1,185,000 Chicago Title Company
Karayan Family Trust -- None Listed On Document
Karayan Sooren -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penaloza Juan $730,050
Previous Owner Penaloza Juan Jose $711,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $1,185,000 +18.5% $689 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $999,999 -- $581 / 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 $5,834 $1,208,700 $976,140 $232,560
2024 $5,834 $429,142 $257,487 $171,655
2023 $5,731 $420,729 $252,439 $168,290
2022 $5,486 $412,481 $247,490 $164,991
2021 $5,418 $404,394 $242,638 $161,756
2020 $5,466 $400,249 $240,151 $160,098
2019 $5,270 $392,402 $235,443 $156,959
2018 $4,971 $384,709 $230,827 $153,882
2016 $4,748 $369,771 $221,864 $147,907
2015 $4,682 $364,218 $218,532 $145,686
2014 $4,719 $357,085 $214,252 $142,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD24060587

California Regional Multiple Listing Service (CRMLS)

APN: 2528-014-010