NOT LISTED FOR SALE

12506 Marva Ave Granada Hills, CA 91344

Estimated Value: $1,259,000 - $1,353,000

4 Beds
2 Baths
2,185 Sq Ft
$592/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $699,500 $320 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $7,895/month

24 Days on Market

Highlights

  • Primary Bedroom Suite
  • Traditional Architecture
  • Lawn
  • Robert Frost Middle School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of April 2017

Great New Price! Highly desirable one story in Granada Hills. Buckingham tract with great curb appeal. Covered front porch/atrium entry with skylights. Double doors open to the formal entry with hardwood floors. Step down living room with high ceilings and floor to ceiling fireplace and adjacent formal dining room. The updated eat in kitchen boasts oak cabinets new dishwasher and ceramic tile floors. Spacious family room with wet bar. Indoor laundry room. Master suite with walk in closet, remodeled bathroom and dual pane sliding glass doors leading to the private and well landscaped backyard. New exterior paint, concrete patio and ample lawn area. Excellent opportunity.

Last Agent to Sell the Property

Stephanie Vitacco

Equity Union License #00985615 Listed on: 02/10/2017

Equity Union

Last Buyer's Agent

Sarkis Aleksanian

License #01214017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,759

Year Built

  • Built in 1973

Lot Details

  • 0.26 Acre Lot
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard
  • Property is zoned LARE11

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,185 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Drapes & Rods
  • Blinds
  • Double Door Entry
  • Sliding Doors
  • Separate Family Room
  • Living Room with Fireplace
  • Center Hall

Kitchen

  • Gas Oven
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Schools

  • El Oro Elementary School
  • Frost Middle School
  • Kennedy High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Central Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 22484
  • Assessor Parcel Number 2601050016

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,759

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LARE11
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2601050016
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2185.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Tile Counters, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, Sliding Doors
  • Fireplace Features: Living Room, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 320.14
  • Room Type: Center Hall, Entry, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Master Bathroom, Master Suite, Separate Family Room, Walk-In Closet
  • Window Features: Blinds, Drapes
  • Bathroom Features: Bathtub

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block, Chain Link, Wood
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Direct Garage Access, Garage - Single Door, Garage Door Opener, Private, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood, Tankless Water Heater, Water Heater Central
  • Heating Type: Central, Forced Air, Natural Gas, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified
  • Elementary School: El Oro
  • Middle School: Frost
  • High School: Kennedy
  • Elementary School: El Oro
  • High School: Kennedy
  • Middle Or Junior School: Frost
  • Elementary School #2: ELORO
  • High School2: KENNED

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Rectangular Lot, Level, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 11369.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1066.43
  • Tax Lot: 16
  • Tax Tract Number: 22484

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2017
Closed on
Mar 10, 2017
Sold by
Cottone Donna L
Bought by
Labadzhya Artak and Labadzhyan Nancy
Seller's Agent
Stephanie Vitacco
Equity Union
Buyer's Agent
Sarkis Aleksanian
List Price
$719,500
Sold Price
$699,500
Premium/Discount to List
-$20,000
-2.78%
Current Estimated Value
$1,294,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,820
Avg. Annual Appreciation
7.57%
Original Mortgage
$514,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2013
Sold by
Cottone Donna L
Bought by
Cottone Donna L and Donna L Cottone Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2012
Sold by
Cottone Donna L
Bought by
Cottone Donna L and Donna L Cottone Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2010
Sold by
Cottone Donna L
Bought by
Cottone Donna L and Donna L Cottone Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2006
Sold by
Cottone Donna L
Bought by
Cottone Donna L and Donna L Cottone Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,650
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2005
Sold by
Cottone Donna L and Cottone Revocable Livi Donna L
Bought by
Cottone Donna L and Donna L Cottone Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2003
Sold by
Cottone Donna L
Bought by
Cottone Donna L and The Donna L Cottone Revocable Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,500
Interest Rate
5.84%

Purchase Details

Closed on
May 1, 2003
Sold by
Cottone Donna L and The Donna L Cottone Revocable
Bought by
Cottone Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,500
Interest Rate
5.84%

Purchase Details

Closed on
Feb 27, 2003
Sold by
Cottone Donna L
Bought by
Cottone Donna L and The Donna L Cottone Revocable Living Tr

Purchase Details

Closed on
Dec 5, 2002
Sold by
Cottone Donna L and The Donna L Cottone Revocable
Bought by
Cottone Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,500
Interest Rate
5.96%

Purchase Details

Closed on
Mar 12, 2001
Sold by
Cottone Donna L
Bought by
Cottone Donna L and The Donna L Cottone Revocable Living Tr

Purchase Details

Closed on
Sep 23, 1994
Sold by
Barry Robert Sattler and Barry Nancy
Bought by
Cottone David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,700
Interest Rate
8.86%
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
Labadzhya Artak $699,500 First American Title
Cottone Donna L -- Accommodation
Cottone Donna L -- Fidelity National Title Co
Cottone Donna L -- Accommodation
Cottone Donna L -- Fidelity National Title Co
Cottone Donna L -- Fidelity National Title Co
Cottone Donna L -- Fidelity National Title Co
Cottone Donna L -- Accommodation
Cottone Donna L -- New Century Title Company
Cottone Donna L -- Chicago Title Co
Cottone Donna L -- --
Cottone Donna L -- Diversified Title Insurance
Cottone Donna L -- --
Cottone Donna L -- Stewart Title
Cottone Donna L -- --
Cottone David C $232,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labadzhyan Artak $744,000
Closed Labadzhya Artak $514,500
Previous Owner Cottone Donna L $50,000
Previous Owner Cottone Donna L $392,000
Previous Owner Cottone Donna L $376,000
Previous Owner Cottone Donna L $380,000
Previous Owner Cottone Donna L $361,000
Previous Owner Cottone Donna L $353,650
Previous Owner Cottone Donna L $318,000
Previous Owner Cottone Donna L $30,000
Previous Owner Cottone Donna L $266,500
Previous Owner Cottone Donna L $266,500
Previous Owner Cottone Donna L $275,000
Previous Owner Cottone David C $72,950
Previous Owner Cottone David C $47,000
Previous Owner Cottone David C $209,000
Previous Owner Cottone David C $208,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2017 04/07/17 Sold $699,500 -2.8% $320 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $719,500 -- $329 / 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 $10,759 $879,448 $567,871 $311,577
2024 $10,759 $862,205 $556,737 $305,468
2023 $10,554 $845,300 $545,821 $299,479
2022 $9,327 $765,001 $535,119 $229,882
2021 $9,208 $750,002 $524,627 $225,375
2019 $8,936 $727,759 $509,067 $218,692
2018 $8,797 $713,490 $499,086 $214,404
2016 $4,148 $329,026 $124,143 $204,883
2015 $4,090 $324,085 $122,279 $201,806
2014 $4,111 $317,737 $119,884 $197,853
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17027170

California Regional Multiple Listing Service (CRMLS)

APN: 2601-050-016