NOT LISTED FOR SALE

12647 Norris Ave Sylmar, CA 91342

Estimated Value: $759,000 - $1,097,000

4 Beds
2 Baths
1,404 Sq Ft
$630/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $500,000 $356 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,313/month

29 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Chain Link Fence
  • 2 Car Attached Garage
  • Living Room
  • Carpet

About This Home

As of December 2021

This a legal duplex with separate addresses(12647 and 126471/2 Norris) located in a 10,000 square feet lot with plenty of room to expand, each 2 consist of 2 bedrooms and 1 bathroom each and each unit have their own 1 car garage, this property can be bought separately or together with 2 adjacent parcels 2507-003-034 and 2507-003-033 also listed for sale. Both units are rented out.

Last Agent to Sell the Property

Manuel Escalante

Park Regency Realty License #01116912 Listed on: 08/03/2021

Park Regency Realty

Last Buyer's Agent

Manuel Escalante

Park Regency Realty License #01116912 Listed on: 08/03/2021

Park Regency Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,843

Year Built

  • Built in 1958

Lot Details

  • 10,607 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,404 Sq Ft Home
  • Living Room
  • Carpet

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 2 Units
  • Valley

Listing and Financial Details

  • Tax Lot 107
  • Tax Tract Number 5909
  • Assessor Parcel Number 2507003035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,843

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 2507003035
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1404.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 356.13
  • Room Type: Kitchen, Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 10607.00
  • Lot Size Acres: 0.2435

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10607.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 1070.20
  • Tax Lot: 107
  • Tax Tract Number: 5909

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Dec 1, 2021
Sold by
L & M Investment Company
Bought by
R2h Norris Llc
Seller's Agent
Manuel Escalante
Park Regency Realty
Buyer's Agent
Manuel Escalante
Park Regency Realty
List Price
$719,000
Sold Price
$500,000
Premium/Discount to List
-$219,000
-30.46%
Current Estimated Value
$884,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,773
Avg. Annual Appreciation
15.38%
Original Mortgage
$850,000
Outstanding Balance
$782,091
Interest Rate
3.14%
Mortgage Type
Commercial
Estimated Equity
$102,682
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
R2h Norris Llc $1,875,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R2h Norris Llc $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2021 12/08/21 Sold $500,000 -30.5% $356 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $719,000 -- $512 / 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 $7,843 $636,724 $445,707 $191,017
2024 $7,843 $624,240 $436,968 $187,272
2023 $7,695 $612,000 $428,400 $183,600
2022 $1,475 $96,616 $30,675 $65,941
2021 $1,451 $94,723 $30,074 $64,649
2020 $1,460 $93,753 $29,766 $63,987
2019 $1,414 $91,916 $29,183 $62,733
2018 $1,292 $90,114 $28,611 $61,503
2016 $1,222 $86,616 $27,500 $59,116
2015 $1,206 $85,316 $27,087 $58,229
2014 $1,227 $83,646 $26,557 $57,089
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21170666

California Regional Multiple Listing Service (CRMLS)

APN: 2507-003-035