$558,000
SOLD AUG 31, 2021
3 Beds
1 Bath
1,152 Sq Ft
7,149 Sq Ft Lot

Recently Sold

$484 Per Sq Ft

7% Above List Price

11 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • 2 Car Attached Garage
  • Private Yard
  • Neighborhood Views
  • Cooling Available

About This Home

As of November 2021

GREAT INVESTOR OPPORTUNITY!!! 3 bedroom, 1 bath home with oversized 2-car garage on a large gated lot in desirable Sylmar. Property needs repairs but has lots of potential. Great floorplan. Living room entry with fireplace, dining area, 3 bedrooms and shared hallway bath, kitchen with yard access, and a large covered porch in the rear. Attached garage has been converted (likely without permits). Check with the city about getting garage formally permitted as an ADU. Or consider keeping the garage and building a larger ADU in the backyard. Unbeatable location, no need for a car when you can walk to schools, parks, grocery stores and more. Also, within walking distance to Sylmar/San Fernando Metrolink Station and less than a mile from 405/5/210/118 freeways. ATTENTION DEVELOPERS…THIS IS IN A TIER 3 TOC!!! Sold AS-IS. To help visualize this home’s floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing.

Last Agent to Sell the Property

Caroline Gim

Expert Real Estate & Investment License #01366389 Listed on: 08/06/2021

Co-Listed By

Aurora Gim

Expert Real Estate & Investment License #00899718

Last Buyer's Agent

Martha Carrasco

Keller Williams North Valley License #01734066

Keller Williams North Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,398

Year Built

  • Built in 1948

Lot Details

  • 7,149 Sq Ft Lot
  • Private Yard
  • Back Yard
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Suburban Location
  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 14404
  • Assessor Parcel Number 2507023005

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,398

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2507023005
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1152.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 484.38
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Yard
  • Lot Size Sq Ft: 7149.00
  • Lot Size Acres: 0.1641

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7149.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1070.20
  • Tax Lot: 51
  • Tax Tract Number: 14404

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Oct 28, 2021
Sold by
Mace Group Llc Inc
Bought by
Vargas Oscar
Seller's Agent
Gabriela Venegas
Keller Williams North Valley
Buyer's Agent
George Kpachavi
Keller Williams Realty-Studio City
List Price
$689,000
Sold Price
$735,000
Premium/Discount to List
$46,000
6.68%
Current Estimated Value
$820,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,526
Avg. Annual Appreciation
2.93%
Original Mortgage
$548,000
Outstanding Balance
$504,918
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$315,608

Purchase Details

Listed on
Aug 6, 2021
Closed on
Aug 26, 2021
Sold by
U S Bank Trust National Association
Bought by
Mace Group Llc
Seller's Agent
Caroline Gim
Expert Real Estate & Investment
Buyer's Agent
Martha Carrasco
Keller Williams North Valley
List Price
$519,950
Sold Price
$558,000
Premium/Discount to List
$38,050
7.32%

Purchase Details

Closed on
Apr 22, 2020
Sold by
Federal National Mortgage Association
Bought by
U S Bank Trust National Association

Purchase Details

Closed on
Nov 8, 2019
Sold by
Barajas Jose G
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
3.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 23, 2012
Sold by
Barajas Jose G
Bought by
Blacks Edition Llc

Purchase Details

Closed on
Oct 12, 2011
Sold by
Barajas Jose
Bought by
Ortiz Dora

Purchase Details

Closed on
Sep 12, 2011
Sold by
Barajas Jose
Bought by
Mirando Josephine

Purchase Details

Closed on
Aug 11, 2011
Sold by
Barajas Jose
Bought by
Garcia Hilario

Purchase Details

Closed on
Jun 9, 2011
Sold by
Barajas Jose
Bought by
Aquino Rodrigo

Purchase Details

Closed on
May 4, 2011
Sold by
Barajas Jose
Bought by
Lavieja Edgar Bilbao

Purchase Details

Closed on
Apr 8, 2011
Sold by
Barajas Jose
Bought by
Larios Olga

Purchase Details

Closed on
Jun 14, 2008
Sold by
Barajas Jose G
Bought by
Barajas Jose G

Purchase Details

Closed on
Nov 15, 2004
Sold by
Barajas Jose G and Pedroza Gloria
Bought by
Barajas Jose G

Purchase Details

Closed on
Jan 20, 1999
Sold by
Flores Pedro
Bought by
Barajas Jose G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
6.73%

Purchase Details

Closed on
May 13, 1996
Sold by
Fierro Daniel
Bought by
Barajas Jose G and Pedroza Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,150
Interest Rate
7.8%

Purchase Details

Closed on
May 2, 1996
Sold by
Flores Claudia Gabriela
Bought by
Flores Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,150
Interest Rate
7.8%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $735,000 Lawyers Title
Grant Deed $558,000 Lawyers Title Company
Grant Deed $491,500 Title365
Warranty Deed $491,137 Title365
Grant Deed $65,000 None Available
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- --
Gift Deed -- First Southwestern Title Co
Grant Deed $128,000 Title Land Company
Interfamily Deed Transfer -- Title Land
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $58,300 Credit Line Revolving
Open $548,000 New Conventional
Closed $548,000 New Conventional
Previous Owner $15,000 Unknown
Previous Owner $20,000 No Value Available
Previous Owner $384,800 Fannie Mae Freddie Mac
Previous Owner $270,000 Unknown
Previous Owner $130,252 Unknown
Previous Owner $127,000 No Value Available
Previous Owner $124,150 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $735,000 0.0% $638 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/26/2021 10/26/21 Off Market $735,000 -- --
10/21/2021 10/21/21 For Sale $689,000 +23.5% $598 / Sq Ft
08/31/2021 08/31/21 Sold $558,000 +7.3% $484 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $519,950 -- $451 / 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 $9,398 $779,986 $563,182 $216,804
2024 $9,398 $764,693 $552,140 $212,553
2023 $9,216 $749,700 $541,314 $208,386
2022 $8,785 $735,000 $530,700 $204,300
2021 $6,052 $497,096 $397,677 $99,419
2020 $6,376 $514,000 $380,000 $134,000
2019 $3,087 $245,230 $100,576 $144,654
2018 $3,036 $240,422 $98,604 $141,818
2016 $2,893 $231,088 $94,776 $136,312
2015 $2,852 $227,618 $93,353 $134,265
2014 $2,870 $223,160 $91,525 $131,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21173833

California Regional Multiple Listing Service (CRMLS)

APN: 2507-023-005