NOT LISTED FOR SALE

16309 Fairbanks Ct Canyon Country, CA 91387

Estimated Value: $1,040,000 - $1,146,000

5 Beds
4 Baths
3,851 Sq Ft
$284/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $1,000,000 $260 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,269/month

49 Days on Market

Highlights

  • Primary Bedroom Suite
  • Gated Community
  • Traditional Architecture
  • Sierra Vista Junior High School Rated A-
  • Mountain View
  • Wood Flooring

About This Home

As of April 2024

SHORT SALE!! Unlock the extraordinary potential that lies within this diamond in the rough, situated in the coveted, gated Canyon Collection community. This 5-bedroom, 4-bathroom property is a rare find in the neighborhood. Offering the buyer an incredible opportunity to transform it into a bespoke masterpiece. Envision the primary suite, with its sweeping mountain views, reimagined into a sumptuous escape. Picture family and friends gathering in the spacious family room, where the warmth of the fireplace sets the stage for unforgettable moments. The upper level boasts a versatile loft space, perfect for a plush home cinema or a sophisticated home office. Outdoors, the private backyard awaits your vision for an exquisite paradise. This home's potential is matched only by its prestigious location, where privacy, low HOA fees, and no Mello Roos converge to create an unmatched living experience. With convenient freeway access, this is more than a residence, it's a lifestyle waiting to be curated. Embrace the chance to infuse this home with your own elegance and flair, making it an enviable retreat that stands out in one of California's most sought-after neighborhoods.

Last Agent to Sell the Property

Leahcim Bryan

Douglas Elliman License #02115498 Listed on: 02/05/2024

Douglas Elliman

Co-Listed By

Ernie Carswell

Sotheby's International Realty License #01111566

Last Buyer's Agent

Carolin Alaverdian

Balboa Real Estate, Inc. License #01929505

Balboa Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,277

Year Built

  • Built in 2004

Lot Details

  • 8,442 Sq Ft Lot
  • Fenced Yard
  • Gated Home
  • Back Yard
  • Property is zoned LCA21*

HOA Fees

  • $203 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Stucco

Interior Spaces

  • 3,851 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room
  • Dining Area
  • Home Office
  • Mountain Views

Kitchen

  • Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 4 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Window Bars
  • Security Lights
  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2839-056-003

Community Details

Recreation

  • Community Playground

Security

  • Security Service
  • Controlled Access
  • Gated Community

Additional Features

  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,277

Year Built

Built in 2004

Lot Details

0

HOA Fees

$203 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3851
  • Lot Acreage: 0.1938
  • Probate: No
  • Property Condition: Fixer, Repair Cosmetic
  • Stories: 2
  • Year Built: 2004
  • Number Of Photos: 52
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Wood, Carpet, Tile, Mixed
  • Appliances: Microwave, Oven
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset, Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Dual Entry (Jack & Jill) Bath, Shower Stall, Tub With Jets
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Dining Area
  • Kitchen Features: Island, Tile Counters, Pantry
  • Laundry: Room, Inside
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Microwave, Alarm System, Recirculated Exhaust Fan
  • Fireplace: Yes
  • Price Per S Q F T: 257.08

Exterior Features

  • Construction: Stucco
  • Other Features: Sliding Glass Doors
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 3
  • Parking Garage: Garage - 1 Car, Garage - 2 Car, Driveway, On street
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Fireplace, Central
  • Security: Window Bars, Smoke Detector, Gated, Fire and Smoke Detection System, Community, Exterior Security Lights
  • Water: Public

Association/Amenities

  • Amenities: Controlled Access, Playground, Picnic Area

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 203.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2839-056-003
  • Lot Description: Back Yard, Fenced Yard, Gated Community
  • Lot Size Area: 8442

Rental Info

  • Furnished: Furnished Or Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Jun 20, 2024
Sold by
Serpoohi Argen
Bought by
Serpoohi Argen and Serpoohi Arena
Seller's Agent
Leahcim Bryan
Douglas Elliman
Buyer's Agent
Carolin Alaverdian
Balboa Real Estate, Inc.
List Price
$899,000
Sold Price
$1,000,000
Premium/Discount to List
$101,000
11.23%
Views
133
Current Estimated Value
$1,093,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,828
Avg. Annual Appreciation
5.86%
Original Mortgage
$835,000
Outstanding Balance
$825,819
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$253,459

Purchase Details

Listed on
Feb 5, 2024
Closed on
Apr 19, 2024
Sold by
Key Daliesha
Bought by
Serpoohi Argen
Seller's Agent
Leahcim Bryan
Douglas Elliman
Buyer's Agent
Carolin Alaverdian
Balboa Real Estate, Inc.
List Price
$899,000
Sold Price
$1,000,000
Premium/Discount to List
$101,000
11.23%
Views
133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.74%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 29, 2022
Closed on
Jun 17, 2022
Sold by
Manalii Abraham M and Livi Annamma
Bought by
Key Daliesha
Seller's Agent
Jacob Koshy
HomeSmart Evergreen Realty
List Price
$1,099,000
Sold Price
$985,000
Premium/Discount to List
-$114,000
-10.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.87%
Original Mortgage
$967,159
Interest Rate
5.23%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2021
Sold by
Manalil Annamma
Bought by
Manalil Abraham M and Manalil Annamma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Aug 25, 2012
Closed on
Oct 24, 2012
Sold by
Manalil Abraham Mathew
Bought by
Manalil Annamma
Seller's Agent
Mark Dyer
Keller Williams VIP Properties
Buyer's Agent
Jacob Koshy
HomeSmart Evergreen Realty
Sold Price
$494,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%

Purchase Details

Listed on
Aug 25, 2012
Closed on
Aug 22, 2012
Sold by
Christian Curt and Christian Aleah Charles
Bought by
Manalil Annamma
Seller's Agent
Mark Dyer
Keller Williams VIP Properties
Buyer's Agent
Jacob Koshy
HomeSmart Evergreen Realty
Sold Price
$494,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,207
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Christian Curt and Christian Aleah Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2007
Sold by
Hagobian Pamela
Bought by
Hsbc Bank Usa Na and Home Equity Loan Trust Series Ace 2005-H

Purchase Details

Closed on
Aug 2, 2005
Sold by
Hagobian Darren and Hagobian Pamela
Bought by
Hagobian Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
6.92%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 30, 2004
Sold by
Richmond American Homes Of California
Bought by
Hagobian Darren and Hagobian Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,800
Interest Rate
6.25%
Mortgage Type
Stand Alone First
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
Serpoohi Argen -- Lawyers Title Company
Serpoohi Arena -- Lawyers Title Company
Serpoohi Argen $1,000,000 Chicago Title Company
Key Daliesha $985,000 Consumers Title
Manalil Abraham M -- None Available
Manalil Annamma -- Lawyers Title
Manalil Annamma $494,000 Lawyers Title
Christian Curt $550,000 First American Title Ins Co
Hsbc Bank Usa Na $740,474 Accommodation
Hagobian Pamela -- Security Union Title Company
Hagobian Darren $661,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serpoohi Arena $835,000
Previous Owner Serpoohi Argen $800,000
Previous Owner Key Daliesha $967,159
Previous Owner Manalit Annamma $100,000
Previous Owner Manalil Annamma $534,000
Previous Owner Manalil Annamma $150,700
Previous Owner Manalil Annamma $429,000
Previous Owner Manalil Annamma $477,207
Previous Owner Christian Curt $495,000
Previous Owner Hagobian Pamela $672,000
Previous Owner Hagobian Darren $528,800
Closed Hagobian Darren $132,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $1,000,000 +1.0% $260 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/18/2024 03/18/24 Price Changed $990,000 +10.1% $257 / Sq Ft
02/05/2024 02/05/24 For Sale $899,000 -8.7% $233 / Sq Ft
07/26/2022 07/26/22 Sold $985,000 -1.1% $256 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
04/28/2022 04/28/22 Price Changed $996,000 -5.1% $259 / Sq Ft
04/12/2022 04/12/22 Price Changed $1,049,000 -4.5% $272 / Sq Ft
03/29/2022 03/29/22 For Sale $1,099,000 +122.5% $285 / Sq Ft
10/10/2012 10/10/12 Sold $494,000 -- $128 / Sq Ft
08/25/2012 08/25/12 Pending -- -- --
Source: The MLS

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 $13,277 $1,020,000 $330,378 $689,622
2024 $13,277 $1,004,700 $501,024 $503,676
2023 $12,872 $985,000 $491,200 $493,800
2022 $7,982 $573,230 $114,642 $458,588
2021 $7,832 $561,992 $112,395 $449,597
2020 $7,756 $556,230 $111,243 $444,987
2019 $7,533 $545,324 $109,062 $436,262
2018 $7,162 $534,632 $106,924 $427,708
2016 $6,686 $513,873 $102,773 $411,100
2015 $6,872 $506,155 $101,230 $404,925
2014 $6,765 $496,242 $99,248 $396,994
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-354301

The MLS

APN: 2839-056-003