NOT LISTED FOR SALE

Estimated Value: $1,089,773 - $3,648,000

1.24 Acres
$1,563,692 Price per Acre
53,888 Sq Ft Lot

Last Sold February 08, 2022

Last sale price $1,025,000

Est. 89% increase in value since last sale

Current estimated payment $11,199/month

Highlights

  • 1.24 Acre Lot
  • Valley View
  • Wrought Iron Fence
  • Porter Ranch Community Rated A-

About This Lot

As of February 2022

BREATHTAKING UNOBSTRUCTED 180 DEGREE VIEWS OVER THE SAN FERNANDO VALLEY!! THIS IS THE ONLY PRIVATELY GATED LOT WITHIN A GATED PORTER RANCH COMMUNITY, MAKING THIS A ONE OF A KIND PROPERTY!! THE 53,887 SQFT LOT HAS NEVER BEEN BUILT ON BUT IS FLAT!! SELLER ALREADY HAS HOA APPROVAL FOR THE BUILDING PLANS OF A 5,300+ SQUARE FOOT OPEN CONCEPT SINGLE STORY HOME WHICH ALSO MAKES THIS A ONE OF A KIND IN THE CITY OF PORTER RANCH. YOU CANNOT FIND A PIECE OF LAND THAT COMES CLOSE TO HOW GREAT THIS LOT IS. THE OPEN FLOOR-PLAN DREAM HOME IS ALSO A ONE OF A KIND!! IF YOU'RE LOOKING FOR THE BEST OF THE BEST IN PORTER RANCH THIS IS THE PROPERTY FOR YOU. THE HEIGHTS COMMUNITY HAS POOLS, SPAS AND TENNI COURT(S)!! CONTACT LISTING AGENT TO BE PLACED ON THE GUARD GATE GUEST LIST AND FOR THE COMBO CODE TO THIS GATED LOT. THE PROPERTY HAS ONLY ONE NEIGHBOR TO THE SIDE AND NONE BEHIND. ZONING ALSO ALLOWS FOR A LOT SPLIT TO BUILD TWO HOMES!! BUYER IS RESPONSIBLE TO VERIFY ALL INFORMATION REGARDING THIS LOT PRIOR TO SUBMITTING AN OFFER.

Last Agent to Sell the Property

John Mazziotta

Pinnacle Estate Properties License #01246278 Listed on: 10/29/2021

Pinnacle Estate Properties

Co-Listed By

Jonathan Petralia

RE/MAX One License #01248539

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,885

Lot Details

  • 1.24 Acre Lot
  • Wrought Iron Fence
  • Property is zoned LARD6

Additional Features

  • Valley Views
  • Suburban Location

Community Details

  • Property has a Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 50185
  • Assessor Parcel Number 2701030006
  • $500 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$12,885

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LARD6
  • Property Type: Land
  • Parcel Number: 2701030006
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 19.02

Exterior Features

  • View: Valley
  • Fencing: Wrought Iron

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 53887.00
  • Lot Size Acres: 1.2371

Multi Family

  • Lot Size Area: 53887.0000 Square Feet

Tax Info

  • Tax Census Tract: 1082.01
  • Tax Lot: 25
  • Tax Tract Number: 50185
  • TaxOtherAnnualAssessmentAmount: 500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Feb 2, 2022
Sold by
Ripsime Parada
Bought by
Parada Alexander
Seller's Agent
John Mazziotta
Pinnacle Estate Properties
List Price
$999,990
Sold Price
$1,025,000
Premium/Discount to List
$25,010
2.5%
Current Estimated Value
$1,934,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$909,443
Avg. Annual Appreciation
18.62%

Purchase Details

Closed on
Oct 4, 2012
Sold by
Porter Ranch Development Co
Bought by
Northridge Heights Community Association

Purchase Details

Closed on
Jul 11, 2011
Sold by
Cartan Investments L P
Bought by
Porter Ranch Development Company
Source: Public Records

Range of Values:

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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
Parada Alexander -- Lawyers Title
Northridge Heights Community Association $1,000 Accommodation
Porter Ranch Development Company $625,000 Lawyers Title Company 81
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/08/2022 02/08/22 Sold $1,025,000 +2.5% --
01/14/2022 01/14/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $999,990 0.0% --
12/07/2021 12/07/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $999,990 -2.4% --
10/29/2021 10/29/21 Off Market $1,025,000 -- --
10/29/2021 10/29/21 For Sale $999,990 +100.0% --
02/16/2021 02/16/21 Sold $500,000 0.0% -- View Prior Sale
02/05/2021 02/05/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $499,900 -- --
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 $12,885 $1,087,738 $1,087,738 --
2024 $12,885 $1,066,410 $1,066,410 --
2023 $12,631 $1,045,500 $1,045,500 $0
2022 $6,020 $510,000 $510,000 $0
2021 $0 $9 $9 $0
2020 $0 $9 $9 $0
2019 $0 $9 $9 $0
2018 $0 $9 $9 $0
2016 -- $9 $9 $0
2015 -- $9 $9 $0
2014 -- $9 $9 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21238178

California Regional Multiple Listing Service (CRMLS)

APN: 2701-030-006