NOT LISTED FOR SALE

16038 Gresham St North Hills, CA 91343

Estimated Value: $1,098,000 - $1,181,000

4 Beds
3.5 Baths
2,107 Sq Ft
$541/Sq Ft Est. Value

Last Sold March 12, 2024

Last sale price $1,075,000 $510 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,090/month

12 Days on Market

Highlights

  • In Ground Pool
  • Solar Power System
  • Custom Home
  • Valley Academy of Arts & Sciences Rated A-
  • Primary Bedroom Suite
  • View of Trees or Woods

About This Home

As of March 2024

Gorgeous house with power operated gated entry and large front yard. Located in a desirable pocket of North Hills. Two car detached garage fully renovated. Open floor plan. Bright and spacious. Laminate flooring and recessed lighting throughout. Large kitchen with custom cabinets, and a large island. Separate laundry room. Two master bedrooms. The main master bedroom has custom built fireplace and walk in closet. One bathroom with jacuzzi. Formal dining room with custom built fireplace, separate family room and breakfast nook. Spacious living room that opens to a nice entertainer back yard with large pool. and waterfall. Custom built covered gazebo and grill area. Paid off solar panels and system in place. This beautiful house has it all.

Last Agent to Sell the Property

Romel Soltanian

The Art In Real Estate License #01806757 Listed on: 01/22/2024

Last Buyer's Agent

Naira Khnkoyan

Platinum Realty Group Inc License #01257038

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,609

Year Built

  • Built in 1957

Lot Details

  • 7,597 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LARS

Parking

  • 2 Car Garage

Home Design

  • Custom Home
  • Craftsman Architecture
  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • 2,107 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • Views of Woods
  • Galley Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Pool

  • In Ground Pool
  • Waterfall Pool Feature

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Additional Features

  • Solar Power System
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 22873
  • Assessor Parcel Number 2672021017
  • $444 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,609

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Gas burner stove top. Oven broiler, and warming drawer. Microwave. Fridge. Dishwasher. Washer and dryer. Motion activated lights and cameras in front and back yards.
  • Property Attached: No
  • View: Yes
  • Zoning: LARS
  • Architectural Style: Craftsman, Custom Built, Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2672021017
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2107.00 Square Feet
  • Stories: 1
  • Entry Location: Gated entry from street
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Dining Room, Primary Bedroom
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 510.20
  • Room Type: All Bedrooms Down, Entry, Family Room, Formal Entry, Galley Kitchen, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet

Exterior Features

  • Patio: Yes
  • View: Trees/Woods
  • Patio And Porch Features: Covered, Patio
  • Pool Features: Private, In Ground, Waterfall
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7597.00
  • Lot Size Acres: 0.1744

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7597.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1174.04
  • Tax Lot: 31
  • Tax Tract Number: 22873
  • TaxOtherAnnualAssessmentAmount: 444.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Feb 29, 2024
Sold by
Tapeh Trust
Bought by
Cole Calvin and Ovsepyan Ripsime
Seller's Agent
Romel Soltanian
The Art In Real Estate
Buyer's Agent
Naira Khnkoyan
Platinum Realty Group Inc
List Price
$1,149,000
Sold Price
$1,075,000
Premium/Discount to List
-$74,000
-6.44%
Views
39
Current Estimated Value
$1,139,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,016
Avg. Annual Appreciation
3.70%
Original Mortgage
$1,055,529
Outstanding Balance
$1,038,169
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$100,847

Purchase Details

Closed on
Feb 3, 2023
Sold by
Tapeh Arax Yagob Nakjevan
Bought by
Tapeh Trust and Tapeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2022
Sold by
Nakjevan Tapeh Arax Yagob
Bought by
Tapeh Trust

Purchase Details

Listed on
Mar 16, 2021
Closed on
Apr 20, 2021
Sold by
Sarhadian Sevak
Bought by
Tapeh Arax Yagob Nakhje
Seller's Agent
Michelle Orrego
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Romel Soltanian
The Art In Real Estate
List Price
$928,000
Sold Price
$955,000
Premium/Discount to List
$27,000
2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%
Original Mortgage
$500,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2021
Closed on
Mar 30, 2021
Sold by
Malleus Mayer Erin and Malleus Bruce
Bought by
Tapeh Arax Yagob Nakhje
Seller's Agent
Michelle Orrego
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Romel Soltanian
The Art In Real Estate
List Price
$928,000
Sold Price
$955,000
Premium/Discount to List
$27,000
2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2009
Sold by
Foundation Iv Llc
Bought by
Mayer Erin Malleus and Mayer Bruce Malleus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Foundation Iv Llc

Purchase Details

Closed on
Feb 3, 2009
Sold by
Lindlief Paul R
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 23, 2006
Sold by
Lindlief Joy R
Bought by
Lindlief Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 14, 2006
Sold by
Lindlief Joy R
Bought by
Lindlief Joy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
1.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2001
Sold by
Lindlief Paul L
Bought by
Lindlief Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.2%

Purchase Details

Closed on
May 17, 2000
Sold by
Lindlief Paul
Bought by
Norwest Bank

Purchase Details

Closed on
Apr 9, 2000
Sold by
Lindley Paul Richard
Bought by
Lindley Joy Rose
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
Cole Calvin $1,075,000 Lawyers Title Company
Tapeh Trust -- Lawyers Title Company
Tapeh Trust -- --
Tapeh Arax Yagob Nakhje -- California Title Company
Tapeh Arax Yagob Nakhje $955,000 California Title Company
Mayer Erin Malleus $495,000 Lawyers Title Company
Malleus Mayer Erin $380,000 Lawyers
Foundation Iv Llc $300,000 Lawyers Title
Deutsche Bank National Trust Company $315,750 None Available
Lindlief Paul R -- None Available
Lindlief Joy R -- Orange Coast Title
Lindlief Joy -- Orange Coast Title
Norwest Bank $191,078 Stewart Title
Lindley Joy Rose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Calvin $1,055,529
Previous Owner Tapeh Trust $550,000
Previous Owner Tapeh Arax Yagob Nakhje $500,000
Previous Owner Malleus Mayer Erin $396,000
Previous Owner Lindlief Paul R $450,000
Previous Owner Lindlief Joy R $400,000
Previous Owner Lindlief Joy $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2024 03/12/24 Sold $1,075,000 -6.4% $510 / Sq Ft
01/22/2024 01/22/24 For Sale $1,149,000 +20.3% $545 / Sq Ft
04/26/2021 04/26/21 Sold $955,000 +2.9% $453 / Sq Ft View Prior Sale
03/16/2021 03/16/21 For Sale $928,000 -- $440 / 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 $12,609 $1,096,500 $804,168 $292,332
2024 $12,609 $1,013,451 $695,727 $317,724
2023 $12,368 $993,581 $682,086 $311,495
2022 $11,798 $974,100 $668,712 $305,388
2021 $7,283 $590,288 $412,608 $177,680
2020 $7,352 $584,237 $408,378 $175,859
2019 $7,069 $572,782 $400,371 $172,411
2018 $6,917 $561,552 $392,521 $169,031
2016 $6,598 $539,748 $377,280 $162,468
2015 $6,502 $531,641 $371,613 $160,028
2014 $6,354 $507,000 $354,000 $153,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD24008564

California Regional Multiple Listing Service (CRMLS)

APN: 2672-021-017