$1,071,000 - $1,183,000
RENTED DEC 29, 2024

12022 Falcon Crest Way Porter Ranch, CA 91326

Porter Ranch Neighborhood
4 Beds
3 Baths
2,231 Sq Ft
$509 Price per Sq Ft

Last Sold November 30, 2022

Last sale price $965,000 $433 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,311/month

About This Home

As of November 2022

Welcome to 12022 Falcon Crest Way, a charming and spacious residence located in the highly sought-after Porter Ranch Estates. This meticulously maintained home offers modern amenities, a fantastic location, and the added convenience of included appliances, such as a newer refrigerator, washer, and dryer.

Inside, you'll find four bedrooms upstairs, including a private and comfortable master suite. Downstairs features a versatile space that can serve as a fifth bedroom, home office, den, or whatever suits your needs.

The property also boasts an attached 2-car garage with built-in storage and direct access, while the gated front and back yards create an inviting space for relaxation, barbecues, or entertaining guests.

Living in Porter Ranch Estates comes with an array of community amenities designed to elevate your lifestyle. Enjoy two sparkling swimming pools, a jacuzzi area with restrooms and showers, and shaded spots under poolside umbrellas or covered cabana picnic tables. Sports enthusiasts will appreciate the six lighted tennis courts, a lighted basketball court, and a sand volleyball court. Families will love the children’s playground, while nature lovers can explore the nearby park area and hiking trails in two adjacent Los Angeles City parks.

Safety and peace of mind are top priorities in this 24-hour guard-gated community, featuring two guardhouses and security patrol services.

Discover the best of Porter Ranch Estates living at 12022 Falcon Crest Way, where modern convenience, comfort, and community come together in perfect harmony.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Nov 3, 2022
Sold by
Damji Salim Abdulla and Damji Zeboonisha
Bought by
Masoud Modabernia Mohammad and Gholamhasan Molayem Gholamhasan
Seller's Agent
Gabriela Milla
Douglas Elliman
Buyer's Agent
Gabriela Milla
Douglas Elliman
List Price
$1,169,995
Sold Price
$965,000
Premium/Discount to List
-$204,995
-17.52%
Views
64
Current Estimated Value
$1,135,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,901
Avg. Annual Appreciation
6.85%
Original Mortgage
$772,000
Outstanding Balance
$744,684
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$391,217

Purchase Details

Closed on
Sep 5, 2001
Sold by
Lechuga Crystal L and Comorre Family Exemption Equiv
Bought by
Damji Salim Abdulla and Damji Zeboonisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.99%

Purchase Details

Closed on
Oct 19, 1999
Sold by
Lechuga Crystal L
Bought by
Lechuga Crystal L and The Comorre Family Exemption E

Purchase Details

Closed on
Oct 13, 1999
Sold by
Yew Edmond L and Yew Becky L
Bought by
Lechuga Crystal L

Purchase Details

Closed on
Oct 6, 1993
Sold by
Yew Edmond Likming and Lan Becky Hiu Ling
Bought by
Yew Edmond Likming and Yew Becky Lan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.81%

Range of Values:

Collateral Analytics

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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
Masoud Modabernia Mohammad $965,000 Orange Coast Title
Damji Salim Abdulla $410,000 First American Title Co
Lechuga Crystal L -- --
Lechuga Crystal L -- First American Title Co
Lechuga Crystal L $332,000 First American Title Co
Yew Edmond Likming -- American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masoud Modabernia Mohammad $772,000
Previous Owner Damji Salim Abdulla $415,000
Previous Owner Damji Salim Abdulla $446,000
Previous Owner Damji Salim Abdulla $237,000
Previous Owner Damji Salim Abdulla $250,000
Previous Owner Damji Salim Abdulla $130,000
Previous Owner -- $750,000
Previous Owner -- $50,000
Previous Owner Damji Salim Abdulla $129,315
Previous Owner Damji Salim Abdulla $333,700
Previous Owner Damji Salim Abdula $100,000
Previous Owner Damji Salim Abdulla $272,000
Previous Owner Damji Salim Abdula $100,000
Previous Owner Damji Salim Abdulla $275,000
Previous Owner Yew Edmond Likming $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2024 12/29/24 Rented $4,800 0.0% --
12/09/2024 12/09/24 For Rent $4,800 -4.0% --
10/04/2023 10/04/23 Rented $5,000 0.0% --
09/16/2023 09/16/23 For Rent $5,000 0.0% --
11/30/2022 11/30/22 Sold $965,000 -10.2% $433 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
10/07/2022 10/07/22 Price Changed $1,074,999 -2.3% $482 / Sq Ft
09/13/2022 09/13/22 Price Changed $1,099,999 -6.0% $493 / Sq Ft
08/15/2022 08/15/22 For Sale $1,169,995 0.0% $524 / Sq Ft
11/27/2018 11/27/18 Rented $3,495 0.0% --
11/21/2018 11/21/18 Under Contract -- -- --
10/24/2018 10/24/18 For Rent $3,495 +6.1% --
08/18/2017 08/18/17 Rented $3,295 0.0% --
08/18/2017 08/18/17 Under Contract -- -- --
07/22/2017 07/22/17 For Rent $3,295 +9.8% --
07/17/2015 07/17/15 Rented $3,000 +0.2% --
07/17/2015 07/17/15 Under Contract -- -- --
06/15/2015 06/15/15 For Rent $2,995 -- --

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 $12,155 $984,300 $787,440 $196,860
2023 $11,921 $965,000 $772,000 $193,000
2022 $6,910 $570,741 $317,111 $253,630
2021 $6,816 $559,551 $310,894 $248,657
2019 $6,613 $542,957 $301,674 $241,283
2018 $6,522 $532,311 $295,759 $236,552
2016 $6,216 $511,642 $284,275 $227,367
2015 $6,126 $503,957 $280,005 $223,952
2014 $6,151 $494,087 $274,521 $219,566
Source: Public Records

Agents Affiliated with this Home

  • Arbi Sarkissian

    Seller's Agent in 2024

    Arbi Sarkissian

    Real Brokerage Technologies, I

    (818) 371-0236

    68 Total Sales

    Arbi Sarkissian
    Section Image

  • P

    Buyer's Agent in 2024

    Pan Xu

    Homesmart Evergreen Realty

    (818) 288-8427

    1 Total Sale

    Pan Xu
    Section Image
  • Gabriela Milla

    Seller's Agent in 2022

    Gabriela Milla

    Douglas Elliman

    (818) 932-7327

    1 in this area

    6 Total Sales

    Gabriela Milla
    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Alberto Carapia

    Douglas Elliman of California, Inc.

    (626) 204-5252

    Section Image
  • Karim Karmaly

    Seller's Agent in 2018

    Karim Karmaly

    Karim Karmaly

    (818) 357-5860

    27 Total Sales

    Karim Karmaly
    Section Image

  • Y

    Buyer's Agent in 2018

    Yun-Ju DumnMuh

    Coldwell Banker Quality Properties

    (818) 725-2500

    1 in this area

    6 Total Sales

    Yun-Ju DumnMuh
    Section Image
See All Agents

Map

California Los Angeles County Porter Ranch 91326 Porter Ranch

12022 Falcon Crest Way, Porter Ranch, CA

Homes for Sale in Porter Ranch, CA

This home is located at 12022 Falcon Crest Way, Porter Ranch, CA 91326 and is currently estimated at $1,135,901, approximately $509 per square foot. 12022 Falcon Crest Way is a home located in Los Angeles County with nearby schools including Robert Frost Middle School, Castlebay Lane Charter, and Beckford Charter for Enriched Studies.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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