NOT LISTED FOR SALE

14239 Lorne St Panorama City, CA 91402

Estimated Value: $924,124 - $1,143,000

4 Beds
4 Baths
1,755 Sq Ft
$618/Sq Ft Est. Value

Last Sold April 13, 2016

Last sale price $555,000 $316 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $6,407/month

Highlights

  • Contemporary Architecture
  • No HOA
  • Laundry Room
  • Wood Flooring
  • Home Office
  • 1 Detached Carport Space

About This Home

As of April 2016

Reduced! Seller is motivated! Come and see this great property that has 2 separate fully permitted houses on one lot that is located on a quiet tree lined street. The front house has been fully remodeled from the inside and out, and the rear house is a brand new construction from the ground up. Both houses have 2 bedrooms and 2 bathrooms with the front house having 1027 sqft and the rear house having 728 sqft. Both houses have laminate wood flooring, new bathrooms, new windows, new roofs, brand new kitchens, brand new appliances, and will be ready to be moved into. The front house has a large living room with an added den next to it that can also serve as a 3rd bedroom easily. There is also a formal dining room, laundry room, and a master bedroom with a master bathroom along with bedroom 2 having a good sized fully remodeled bathroom. Both properties have a yard area with parking towards the rear driveway for 2 vehicles, and parking for vehicles in the front. Call today to schedule a showing of this great 2 on a lot that will be perfect for a large family or investor looking to expand their multi-unit portfolio.

Last Agent to Sell the Property

Anthony Alonzo

Casablanca Real Estate & Inv License #01200471 Listed on: 11/18/2015

Last Buyer's Agent

Susan Muller

Bella Vista Estates Real Estate Group Inc License #01391900

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,407

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 5,500 Sq Ft Lot
  • No Common Walls
  • Front Yard

Home Design

  • Contemporary Architecture
  • Copper Plumbing

Interior Spaces

  • 1,755 Sq Ft Home
  • 1-Story Property
  • Home Office
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • 1 Detached Carport Space
  • Parking Available

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 72
  • Tax Tract Number 15690
  • Assessor Parcel Number 2212012026

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,407

Year Built

Built in 1949 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 2212012026
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Levels: One
  • Price Per Square Foot: 316.24
  • Room Type: Office

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5500.00
  • Price Per Lot Square Foot: 100.91
  • Lot Size Acres: 0.1260

Multi Family

  • Lot Size Area: 5500.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 72
  • Tax Tract Number: 15690

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2015
Closed on
Apr 7, 2016
Sold by
Quintanilla Salvadore
Bought by
Parsmyan Astghik
Seller's Agent
Anthony Alonzo
Casablanca Real Estate & Inv
Buyer's Agent
Susan Muller
Bella Vista Estates Real Estate Group Inc
List Price
$599,950
Sold Price
$555,000
Premium/Discount to List
-$44,950
-7.49%
Current Estimated Value
$1,084,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$529,781
Avg. Annual Appreciation
7.27%
Original Mortgage
$544,947
Outstanding Balance
$431,753
Interest Rate
3.68%
Mortgage Type
FHA
Estimated Equity
$653,028

Purchase Details

Closed on
May 18, 2015
Sold by
Crut #1 Trust
Bought by
Quintanilla Salvador E

Purchase Details

Closed on
May 1, 2003
Sold by
Rogers Trust
Bought by
Crut #1 Trust

Purchase Details

Closed on
Nov 15, 1994
Sold by
Thomey J A and Thomey J
Bought by
Rogers Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
9.08%
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
Parsmyan Astghik $555,000 Stewart Title Of California
Parsmyan Astghik -- Stewart Title Of California
Quintanilla Salvador E -- Lawyers Title
Crut #1 Trust -- Diversified Title
Rogers Trust -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsmyan Astghik $544,947
Closed Parsmyan Astghik $544,947
Previous Owner Rogers Trust $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2016 04/13/16 Sold $555,000 -7.5% $316 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
11/18/2015 11/18/15 For Sale $599,950 -- $342 / 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 $8,407 $692,515 $415,509 $277,006
2024 $8,407 $678,937 $407,362 $271,575
2023 $8,245 $665,625 $399,375 $266,250
2022 $7,864 $652,575 $391,545 $261,030
2021 $7,763 $639,780 $383,868 $255,912
2020 $7,838 $633,220 $379,932 $253,288
2019 $7,531 $620,805 $372,483 $248,322
2018 $7,444 $608,633 $365,180 $243,453
2016 $4,405 $355,337 $213,202 $142,135
2015 $1,535 $114,521 $70,747 $43,774
2014 $1,549 $112,279 $69,362 $42,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15250743

California Regional Multiple Listing Service (CRMLS)

APN: 2212-012-026