NOT LISTED FOR SALE

11881 Terra Vista Way Unit 121 Sylmar, CA 91342

Lake View Terrace Neighborhood

Estimated Value: $861,000 - $895,000

3 Beds
3 Baths
1,886 Sq Ft
$467/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $825,000 $437 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,015/month

14 Days on Market

Highlights

  • Solar Power System
  • View of Hills
  • Loft
  • 0.53 Acre Lot
  • Contemporary Architecture
  • Den

About This Home

As of September 2023

Welcome to your dream home nestled in the quiet foothills of Lake View Terrace! This corner home offers the perfect blend of comfort, style, and modern amenities. As you step inside this expansive 2-story home you'll immediately notice the attention to detail and thoughtful design. With 3 bedrooms, a loft, and 2.5 baths, there's plenty of space for everyone to relax and unwind. The open floor plan creates a seamless flow between the living areas, making it ideal for both entertaining guests and enjoying quality time with family. The kitchen is a true centerpiece, featuring white cabinets and a stunning quartz countertop. The spacious pantry provides ample storage for all your culinary essentials, while the upgraded flooring adds a touch of elegance. Convenience is a top priority in this home. Imagine having a dedicated laundry room on the second floor, complete with shelf space for added organization. Storage won't be an issue either, as this home offers abundant storage throughout, ensuring that everything has its place. Step outside into your private yard, a tranquil oasis where you can relax and soak up the beauty of the surrounding landscape. The attached 2-car garage provides secure parking and additional storage options. In addition to its impressive features, this home is equipped with advanced Smart Home technology. The Ring Pro doorbell offers enhanced security and convenience, while the Ecobee smart thermostat allows you to control and optimize your home's temperature with ease. Embracing sustainability, this home is also equipped with solar panels, promoting energy efficiency and reducing your carbon footprint. Say goodbye to high utility bills and hello to a greener future. Experience the serenity of living in the quiet foothills, while still enjoying convenient access to nearby amenities. Whether you're seeking outdoor adventures or vibrant city life, this corner home in Lake View Terrace offers the best of both worlds. Don't miss the opportunity to make this extraordinary property your own!

Last Agent to Sell the Property

Rafi Ekmekian

eXp Realty of California Inc License #01717378 Listed on: 07/21/2023

eXp Realty of California Inc

Last Buyer's Agent

Anush Kirakosyan

Keller Williams R. E. Services License #02178991

Keller Williams R. E. Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,033

Year Built

  • Built in 2020

Lot Details

  • 0.53 Acre Lot
  • Property is zoned LAA2

HOA Fees

  • $254 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,886 Sq Ft Home
  • Family Room on Second Floor
  • Living Room
  • Dining Room
  • Den
  • Loft
  • Views of Hills

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Parquet
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Additional Features

  • Solar Power System
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2526-004-045

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,033

Year Built

Built in 2020

Lot Details

0

HOA Fees

$254 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 1886
  • Lot Acreage: 0.5312
  • Year Built: 2020
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Parquet, Carpet
  • Appliances: Cooktop - Gas, Oven-Gas, Microwave
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Dining Area, Breakfast Counter / Bar, Kitchen Island
  • Laundry: Room, On Upper Level
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Garbage Disposal, Range/Oven, Dishwasher, Refrigerator, Solar Panels, Washer, Dryer
  • Price Per S Q F T: 421.53

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Garage - 2 Car, Garage Is Attached, Private, Private Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 254.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2526-004-045
  • Lot Size Area: 23139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 8, 2023
Sold by
Sarafian Raffi and Amirian Dina
Bought by
Kirakosyan Armine and Maghakelyan Elen
Seller's Agent
Rafi Ekmekian
eXp Realty of California Inc
Buyer's Agent
Anush Kirakosyan
Keller Williams R. E. Services
List Price
$795,000
Sold Price
$825,000
Premium/Discount to List
$30,000
3.77%
Total Days on Market
14
Views
235
Current Estimated Value
$880,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,760
Avg. Annual Appreciation
3.81%
Original Mortgage
$774,250
Outstanding Balance
$760,338
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$120,422

Purchase Details

Listed on
Dec 26, 2020
Closed on
Apr 8, 2021
Sold by
Watt Communities/Angeles Point
Bought by
Sarafian Raffi and Amirian Dina
Seller's Agent
Jim Mahboubian
Williams Homes, Inc.
Buyer's Agent
Levon Arzumanyan
The Agency - Studio City
List Price
$684,990
Sold Price
$684,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$547,950
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Kirakosyan Armine $825,000 Wfg National Title
Sarafian Raffi $685,000 First American Title Company O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirakosyan Armine $774,250
Previous Owner Sarafian Raffi $547,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $825,000 +3.8% $437 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $795,000 +16.1% $422 / Sq Ft
04/16/2021 04/16/21 Sold $684,990 0.0% $358 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
12/26/2020 12/26/20 For Sale $684,990 -- $358 / 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
2024 $10,033 $825,000 $476,100 $348,900
2023 $8,716 $712,674 $520,200 $192,474
2022 $8,306 $698,700 $510,000 $188,700
2021 $2,356 $197,020 $197,020 $0
Source: Public Records

Agents Affiliated with this Home

  • Rafi Ekmekian

    Seller's Agent in 2023

    Rafi Ekmekian

    eXp Realty of California Inc

    (323) 810-9399

    1 in this area

    24 Total Sales

    Rafi Ekmekian
    Section Image
  • Anush Kirakosyan

    Buyer's Agent in 2023

    Anush Kirakosyan

    Keller Williams R. E. Services

    (818) 521-8688

    1 in this area

    3 Total Sales

    Anush Kirakosyan
    Section Image

  • J

    Seller's Agent in 2021

    Jim Mahboubian

    Williams Homes, Inc.

  • Levon Arzumanyan

    Buyer's Agent in 2021

    Levon Arzumanyan

    The Agency - Studio City

    (213) 414-8088

    1 in this area

    72 Total Sales

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-292935

The MLS

APN: 2526-004-045

California Los Angeles County Sylmar 91342 Lake View Terrace

11881 Terra Vista Way Unit 121, Sylmar, CA

This home is located at 11881 Terra Vista Way Unit 121, Sylmar, CA 91342 since 21 July 2023 and is currently estimated at $880,760, approximately $466 per square foot. This property was built in 2020. 11881 Terra Vista Way Unit 121 is a home located in Los Angeles County with nearby schools including Charles Maclay Middle School, San Fernando Senior High School, and Fenton Avenue Charter School.

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