NOT LISTED FOR SALE

Estimated Value: $974,947 - $1,113,000

3 Beds
3 Baths
1,845 Sq Ft
$481/mo HOA Fee

Last Sold June 21, 2022

Last sale price $958,000 $519 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,071/month

6 Days on Market

Highlights

  • In Ground Pool
  • City Lights View
  • Maid or Guest Quarters
  • Porter Ranch Community Rated A-
  • 3.08 Acre Lot
  • Mediterranean Architecture

About This Home

As of June 2022

Location, Location, Location. Welcome to the gated community of the Promenade, just minutes from the highway and retail centers (a la The Vineyards and Porter Ranch Town Center). Did I mention Whole Foods? The location doesn’t get any better than this. Loaded with amenities that include a park, giant swimming pool, jacuzzi, BBQ area, within a private gated community, this home’s layout which includes an in-law quarters on the bottom floor with bathroom is a rare find. From the moment of entry, this serene 3/3 bath home features a spacious living room with an abundance of light, beautiful clean white lines throughout the recently upgraded and remodeled kitchen that continues to connect through the immaculate fine dining room. Enjoy late nine wine on a warm summer night or early morning coffee and tea and dine al fresco in this cozy backyard. This particular plan leverages a bottom floor bedroom and bathroom for a nanny or in-law or even a bonus room that can be used for your kids. As you walk upstairs there is a nook desk space for those that work from home. The master bathroom has a large, detailed closet and dual sinks and bathroom with great space. This home is surrounded by top shopping and dining options at both the Vineyards and Porter Ranch Town Center, endless and well-manicured landscaping throughout this guard gated community, enviable HOA amenities that include a Junior size Olympic pool & spa, BBQ and picnic areas and green parks. Hurry, as this private and tranquil residence at the Promenade won’t last for long.

Last Agent to Sell the Property

Caroline Lee

Real Brokerage Technologies License #01472468 Listed on: 05/15/2022

Last Buyer's Agent

Tina Longobart

Rodeo Realty License #01145427

Rodeo Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,247

Year Built

  • Built in 2003

Lot Details

  • 1 Common Wall
  • Block Wall Fence
  • Irregular Lot
  • Front Yard Sprinklers

HOA Fees

  • $481 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 1,845 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • In Ground Pool
  • Heated Spa
  • Gas Heated Pool
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Location

  • Suburban Location

Schools

  • Castlebay Elementary School
  • Frost Middle School
  • Chatsworth High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53156
  • Assessor Parcel Number 2701057084
  • $269 per year additional tax assessments

Community Details

Overview

  • 249 Units
  • Porter Ranch Community Association, Phone Number (818) 907-6622
  • Pmp Management HOA

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,247

Year Built

Built in 2003

Lot Details

0

HOA Fees

$481 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAC4
  • Architectural Style: Mediterranean
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2701057084
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1845.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 519.24
  • Room Type: Guest/Maid's Quarters, Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Spa Features: Association, Gunite, Heated

Exterior Features

  • Patio: Yes
  • View: City Lights, Neighborhood, Park/Greenbelt
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete
  • Pool Features: Association, Gunite, Gas Heat, In Ground
  • Pool Private: No
  • Roof: Clay, Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Common Area, Electric Dryer Hookup, Gas & Electric Dryer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 481.00
  • Association Fee Frequency: Monthly
  • Association Name: Porter Ranch Community Association
  • Phone: (818) 907-6622
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Park, Street Lights, Suburban
  • Association Management: PMP Management

Schools

  • School District: Los Angeles Unified
  • Elementary School: Castlebay
  • Middle School: Frost
  • High School: Chatsworth
  • Elementary School: Castlebay
  • High School: Chatsworth
  • Middle Or Junior School: Frost
  • Elementary School #2: CASTLE3
  • High School2: CHATSW

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Irregular Lot, Paved, Sprinklers In Front, Sprinklers Timer
  • Lot Size Sq Ft: 133958.00
  • Lot Size Acres: 3.0753

Multi Family

  • Lease Considered: No
  • Lot Size Area: 133958.0000 Square Feet
  • Number Of Units In Community: 249
  • Number Of Units Total: 249

Tax Info

  • Tax Census Tract: 1082.04
  • Tax Lot: 1
  • Tax Tract Number: 53156
  • TaxOtherAnnualAssessmentAmount: 269.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2015
Sold by
Chung Seung H
Bought by
Chung Yun J
Current Estimated Value
$1,021,987

Purchase Details

Closed on
Nov 13, 2009
Sold by
Chung Seung H
Bought by
Chung Seung H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$234,075
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$755,233

Purchase Details

Closed on
Sep 19, 2005
Sold by
Letts Garth and Letts Andrea
Bought by
Chung Seung H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2005
Sold by
Chung Yun Jeong
Bought by
Chung Seung Hwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2003
Sold by
Arbors Porter Ranch Llc
Bought by
Letts Garth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,300
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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
Chung Yun J -- None Available
Chung Seung H -- American Coast
Chung Seung H $700,000 --
Chung Seung Hwa -- Equity Title Company
Letts Garth $424,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Seung H $375,000
Closed Chung Seung H $460,000
Previous Owner Letts Garth $50,000
Previous Owner Letts Garth $25,000
Previous Owner Letts Garth $339,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2022 06/21/22 Sold $958,000 +6.6% $519 / Sq Ft
05/21/2022 05/21/22 Pending -- -- --
05/15/2022 05/15/22 For Sale $898,888 -- $487 / 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 $12,247 $1,016,635 $406,654 $609,981
2024 $12,247 $996,702 $398,681 $598,021
2023 $12,009 $977,160 $390,864 $586,296
2022 $10,027 $836,000 $631,000 $205,000
2021 $8,319 $685,000 $517,000 $168,000
2019 $7,910 $651,000 $491,000 $160,000
2018 $7,527 $615,000 $464,000 $151,000
2016 $6,517 $535,000 $404,000 $131,000
2015 $6,517 $535,000 $404,000 $131,000
2014 $6,670 $535,000 $404,000 $131,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22100630

California Regional Multiple Listing Service (CRMLS)

APN: 2701-057-084