NOT LISTED FOR SALE

14820 Parthenia St Panorama City, CA 91402

Estimated Value: $1,191,000 - $1,381,000

0.19 Acre
$6,523,468 Price per Acre
8,416 Sq Ft Lot

Last Sold September 04, 2020

Last sale price $800,000 $604 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,501/month

Highlights

  • No HOA
  • Park
  • Back and Front Yard
  • Valley Academy of Arts & Sciences Rated A-
  • Wrought Iron Fence
  • 5-minute walk to Sepulveda Recreation Center

About This Lot

As of September 2020

CALLING ALL DEVELOPERS, INVESTORS, & BUILDERS! RARE R3-ZONING Panorama City property is NOW AVAILABLE! Seller states the lot allows up to 15 units. Ideal opportunity for INVESTORS and DEVELOPERS ready to build and hold or build and sell! This 1,325sqft gated home sits upon a very large 8,416sqft lot ready to become multi-unit housing. Nestled in a highly desirable, family-friendly, Panorama City neighborhood, with abundant parking in front of property, and rear alley access for ample parking as well. This is a one of a kind opportunity that YOU DO NOT WANT TO MISS!

Last Agent to Sell the Property

Grigor Chermakyan

Park Regency Realty License #01232572 Listed on: 04/21/2020

Park Regency Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,433

Lot Details

  • 8,416 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Back and Front Yard
  • Density is 11-15 Units/Acre
  • Property is zoned LAR3

Additional Features

  • Urban Location
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 3018
  • Assessor Parcel Number 2653015009

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$9,433

Lot Details

0

Listing Details

  • Other Phone Number: 8183812143
  • View: No
  • Zoning: LAR3
  • Property Type: Land
  • Parcel Number: 2653015009
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 95.06

Exterior Features

  • Fencing: Block, Wrought Iron

Utilities

  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre, Back Yard, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 8416.00
  • Lot Size Acres: 0.1932

Multi Family

  • Lot Size Area: 8416.0000 Square Feet

Tax Info

  • Tax Census Tract: 1201.07
  • Tax Lot: 16
  • Tax Tract Number: 3018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2023
Sold by
Asatryan Karl
Bought by
Levs Multi Group Llc
Current Estimated Value
$1,260,334

Purchase Details

Closed on
Jun 9, 2021
Sold by
Smbatian Mary
Bought by
Asatryan Karl

Purchase Details

Listed on
Apr 21, 2020
Closed on
Aug 24, 2020
Sold by
Parthenia Group Llc
Bought by
Babayan Mikhail
Seller's Agent
Grigor Chermakyan
Park Regency Realty
List Price
$799,900
Sold Price
$800,000
Premium/Discount to List
$100
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.48%
Original Mortgage
$640,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2017
Sold by
Kirakosian Viktoria M
Bought by
Parthenia Group Llc

Purchase Details

Listed on
Jan 14, 2013
Closed on
Feb 16, 2013
Sold by
Sanchez Jose
Bought by
Kirakosian Viktoria M
Seller's Agent
Grigor Chermakyan
Park Regency Realty
Buyer's Agent
Grigor Chermakyan
Park Regency Realty
List Price
$425,000
Sold Price
$423,000
Premium/Discount to List
-$2,000
-0.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%

Purchase Details

Closed on
Dec 5, 2003
Sold by
Sanchez Jose
Bought by
Sanchez Jose and Sanchez Aracely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1999
Sold by
Hakim Morad and Hakim Gity F
Bought by
Sanchez Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,847
Interest Rate
6.9%
Mortgage Type
FHA
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
Levs Multi Group Llc -- Fidelity National Title
Asatryan Karl -- Fidelity National Title
Asatryn Karl -- Fidelity National Title
Babayan Mikhail $800,000 Lawyers Title
Parthenia Group Llc -- None Available
Kirakosian Viktoria M $423,000 Lawyers Title
Sanchez Jose -- Ticor Title
Sanchez Jose Luis $100,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Asatryan Karl $603,000
Previous Owner Babayan Mikhail $640,000
Previous Owner Sanchez Jose L $250,000
Previous Owner Sanchez Jose L $150,000
Previous Owner Sanchez Jose $249,000
Previous Owner Sanchez Jose Luis $99,847
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $800,000 0.0% $604 / Sq Ft
09/04/2020 09/04/20 Sold $800,000 0.0% $604 / Sq Ft
08/07/2020 08/07/20 Price Changed $799,900 0.0% $604 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/04/2020 06/04/20 Pending -- -- --
04/21/2020 04/21/20 For Sale $799,900 0.0% $604 / Sq Ft
04/06/2020 04/06/20 Price Changed $799,900 -6.4% $604 / Sq Ft
03/12/2020 03/12/20 For Sale $854,900 0.0% $645 / Sq Ft
03/24/2014 03/24/14 Rented $2,500 0.0% --
03/24/2014 03/24/14 Under Contract -- -- --
03/19/2014 03/19/14 For Rent $2,500 +11.1% --
07/01/2013 07/01/13 Rented $2,250 -6.3% --
06/11/2013 06/11/13 Under Contract -- -- --
05/23/2013 05/23/13 For Rent $2,400 0.0% --
02/28/2013 02/28/13 Sold $423,000 -0.5% $319 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
01/14/2013 01/14/13 For Sale $425,000 -- $321 / 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 $9,433 $772,751 $540,926 $231,825
2024 $9,433 $757,600 $530,320 $227,280
2023 $9,427 $748,680 $448,800 $299,880
2022 $8,996 $734,000 $440,000 $294,000
2021 $9,833 $800,000 $480,000 $320,000
2020 $6,147 $476,481 $285,464 $191,017
2019 $5,914 $467,139 $279,867 $187,272
2018 $5,695 $457,792 $324,677 $133,115
2016 $5,441 $440,017 $312,070 $127,947
2015 $5,363 $433,409 $307,383 $126,026
2014 $5,809 $424,920 $301,362 $123,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20076941

California Regional Multiple Listing Service (CRMLS)

APN: 2653-015-009