NOT LISTED FOR SALE

Estimated Value: $454,516 - $1,517,000

0.29 Acre
$2,725,014 Price per Acre
12,415 Sq Ft Lot

Last Sold October 27, 2015

Last sale price $260,000

Est. 199% increase in value since last sale

Current estimated payment $4,480/month

24 Days on Market

Highlights

  • City Lights View
  • Foothills
  • Paved or Partially Paved Lot
  • Joaquin Miller Elementary School Rated A-

About This Lot

As of October 2015

Build your dream home!!! Top of the hill location with amazing city lights and mountain views!! Street to street lot with original arch plans! Plans and permits obtained by owner between 2001 and 2003 for a 5 bedroom 4 bathroom approximately 3200 square foot house with a 2-car attached garage!

Last Agent to Sell the Property

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 08/11/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,886

Lot Details

  • 0.28 Acre Lot
  • Paved or Partially Paved Lot
  • Property is zoned BUR1

Property Views

  • City Lights
  • Mountain

Home Design

  • Planned Development

Listing and Financial Details

  • Assessor Parcel Number 5608025029

Community Details

Overview

  • Property has a Home Owners Association
  • Foothills
  • Mountainous Community

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$4,886

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: BUR1
  • Property Type: Land
  • Parcel Number: 5608025029
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 20.95

Exterior Features

  • View: City Lights, Mountain(s)

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Curbs, Foothills, Mountainous, Sidewalks, Street Lights

Lot Info

  • Lot Features: Paved, Planned Unit Development
  • Lot Size Sq Ft: 12408.00
  • Price Per Lot Square Foot: 20.95
  • Lot Size Acres: 0.2850

Multi Family

  • Lot Size Area: 12408.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2019
Sold by
Arutyunyan Raffi and Arutyunyan Razmik
Bought by
Desa Group Llc
Current Estimated Value
$776,629

Purchase Details

Listed on
Aug 11, 2015
Closed on
Sep 15, 2015
Sold by
Arutyunyan Angela
Bought by
Arutyunyan Razmik
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
List Price
$229,922
Sold Price
$260,000
Premium/Discount to List
$30,078
13.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.59%

Purchase Details

Listed on
Aug 11, 2015
Closed on
Sep 10, 2015
Sold by
Farsaie Mohammad Reza
Bought by
Arutyunyan Raffi and Arutyunyan Razmik
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
List Price
$229,922
Sold Price
$260,000
Premium/Discount to List
$30,078
13.08%

Purchase Details

Closed on
Jan 9, 2002
Sold by
Kashani Hossin
Bought by
Farsaie Mohammad Reza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.15%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 12, 2000
Sold by
Madani Mahmood Sed
Bought by
Kashani Hossin

Purchase Details

Closed on
Dec 12, 1998
Sold by
Hedayati Ahmad
Bought by
Madani Mahmood Sed
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
Desa Group Llc -- Fidelity National Title Co
Arutyunyan Razmik -- Fidelity Sherman Oaks
Arutyunyan Raffi -- Fidelity Sherman Oaks
Arutyunyan Raffi $260,000 Fidelity Sherman Oaks
Farsaie Mohammad Reza $105,000 First American Title
Kashani Hossin $52,000 Chicago Title Co
Madani Mahmood Sed -- American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farsaie Mohammad Reza $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2015 10/27/15 Sold $260,000 +13.1% --
09/04/2015 09/04/15 Pending -- -- --
08/11/2015 08/11/15 For Sale $229,922 -- --
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 $4,886 $448,392 $448,392 --
2024 $4,886 $439,600 $439,600 --
2023 $4,833 $430,981 $430,981 $0
2022 $4,610 $422,531 $422,531 $0
2021 $4,598 $414,247 $414,247 $0
2020 $3,188 $281,432 $281,432 $0
2019 $3,044 $275,914 $275,914 $0
2018 $3,009 $270,504 $270,504 $0
2016 $2,863 $260,000 $260,000 $0
2015 $1,428 $129,058 $129,058 $0
2014 $1,425 $126,530 $126,530 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB15176618

California Regional Multiple Listing Service (CRMLS)

APN: 5608-025-029