NOT LISTED FOR SALE

17950 Parthenia St Northridge, CA 91325

Estimated Value: $1,973,000 - $2,190,000

4 Beds
5 Baths
4,478 Sq Ft
$468/Sq Ft Est. Value

Last Sold July 03, 2017

Last sale price $1,245,000 $278 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $11,647/month

279 Days on Market

Highlights

  • Filtered Pool
  • Home fronts a pond
  • All Bedrooms Downstairs
  • Valley Academy of Arts & Sciences Rated A-
  • Primary Bedroom Suite
  • Gated Parking

About This Home

As of July 2017

SELLER IS MOTIVATED... SUBMIT ALL OFFERS AS THEY WILL ALL BE CONSIDERED!!!
Rare & Amazing Single Story Estate opportunity with 4 large master bedrooms that has been FULLY REMODELED inside and out that is sitting on over 1 ACRE! FLAT! Home is approximately 4500 SQ FT. Property is entirely secured with an electric gated entrance and Home Security System. Private Estate that sits way back from Parthenia Street - so you won't even know you're in the city once you're on the property behind the front driveway gate. Parking for 10+ cars + 3 car garage. Circle driveway. Home is equipped with central A/C and Heating. All the bathrooms have been fully remodeled. Kitchen has been fully remodeled with gorgeous cabinets, granite counters, center island/breakfast bar and breakfast nook. HUGE living room, Family room, Dining room, and Bonus room. Bonus room has a built in wet bar with granite counters, sink, and wine cooler. Property has a full sized tennis court & basketball court and a KOI pond that is located right next to the pool and jacuzzi. SELLER IS MOTIVATED. SUBMIT ANY AND ALL OFFERS AS THEY WILL ALL BE CONSIDERED. PRICE INCLUDES MOST FURNISHINGS if buyer is interested in the furnishings otherwise the home can be delivered completely empty with no furnishings.

Last Agent to Sell the Property

Ruben Khorsandi

Alliance Investment RE Group License #01085411 Listed on: 08/24/2016

Last Buyer's Agent

Ruben Khorsandi

Alliance Investment RE Group License #01085411 Listed on: 08/24/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,973

Year Built

  • Built in 1940

Lot Details

  • 1.02 Acre Lot
  • Home fronts a pond
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Garden
  • Front Yard
  • Property is zoned LARA

Parking

  • 3 Car Garage
  • 10 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Circular Driveway
  • Combination Of Materials Used In The Driveway
  • Gated Parking

Interior Spaces

  • 4,478 Sq Ft Home
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Dining Room with Fireplace
  • Home Office
  • Library
  • Bonus Room with Fireplace
  • Center Hall

Kitchen

  • Galley Kitchen
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • 5 Full Bathrooms

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Fence Around Pool
  • Diving Board

Additional Features

  • Property is near public transit
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0001
  • Tax Tract Number 2
  • Assessor Parcel Number 2787001019

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,973

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LARA
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2787001019
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4478.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Bonus Room, Dining Room, Family Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 278.03
  • Room Type: All Bedrooms Down, Bonus Room, Center Hall, Den, Dressing Area, Family Room, Formal Entry, Galley Kitchen, Great Room, Library, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Master Suite, Office, Walk-In Closet, Walk-In Pantry

Exterior Features

  • Pool Features: Private, In Ground, Diving Board, Fenced, Filtered, Heated
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Circular Driveway, Driveway - Combination, Concrete, Paved, Garage, Garage Faces Front, Gated
  • Total Parking Spaces: 13.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Lawn, Level with Street, Lot Over 40000 Sqft, Near Public Transit, Paved, Sprinkler System, Yard
  • Lot Size Sq Ft: 44500.00
  • Price Per Lot Square Foot: 33.60

Multi Family

  • Lease Considered: No
  • Waterfront Features: Pond

Tax Info

  • Tax Lot: 0001
  • Tax Tract Number: 0002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2018
Sold by
Lanco Exchange Inc
Bought by
Salvemini Joe and Leung Wing Kwan
Current Estimated Value
$2,094,190

Purchase Details

Listed on
Aug 24, 2016
Closed on
May 16, 2017
Sold by
Khorsandl Shaun
Bought by
Lanco Exchange Inc
Seller's Agent
Ruben Khorsandi
Alliance Investment RE Group
Buyer's Agent
Ruben Khorsandi
Alliance Investment RE Group
List Price
$1,495,000
Sold Price
$1,245,000
Premium/Discount to List
-$250,000
-16.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$775,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 2015
Sold by
Khorsandi Jacob
Bought by
Khorsandi Shaun and Jakob Khorsandi Property Trust

Purchase Details

Listed on
Mar 6, 2011
Closed on
Apr 17, 2012
Sold by
Arbabi Mohammad Reza
Bought by
Khorsandi Jacob
Seller's Agent
Shoghik Schifberg
Beverly and Company, Inc.
Buyer's Agent
Richard Hartzler
List Price
$750,000
Sold Price
$735,000
Premium/Discount to List
-$15,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%

Purchase Details

Closed on
Oct 12, 2006
Sold by
Parthenia Llc
Bought by
Arbabi Mohammad Reza and Arbabi Neda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2005
Sold by
Arbabi Neda
Bought by
Parthenia Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$887,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2004
Sold by
Arbabi Mohammad Reza
Bought by
Parthenia Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2003
Sold by
Arbabi Mohammad Reza
Bought by
Parthenia Llc

Purchase Details

Closed on
Nov 4, 1997
Sold by
Bank United
Bought by
Arbabi Mohamad Reza and Arbabi Neda

Purchase Details

Closed on
May 9, 1997
Sold by
Coleman Ludlow
Bought by
Prudential Home Mtg Company Inc

Purchase Details

Closed on
Feb 15, 1997
Sold by
Reuveni Asaf
Bought by
Azali Benjamin and Azali Rona

Purchase Details

Closed on
Oct 4, 1996
Sold by
Coleman Ludlow
Bought by
Coleman Ludlow Peter and Coleman Claudette

Purchase Details

Closed on
Sep 17, 1996
Sold by
Coleman Ludlow
Bought by
Reuveni Asaf and Reuveni Ilana

Purchase Details

Closed on
Feb 4, 1994
Sold by
Coleman Ludlow
Bought by
Coleman Ludlow and Coleman Claudette

Purchase Details

Closed on
Oct 14, 1993
Sold by
Crossley Chris
Bought by
Coleman Ludlow and Coleman Claudette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.37%

Purchase Details

Closed on
Sep 17, 1993
Sold by
Abramson John M
Bought by
Crossley Chris and The Abradham Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.37%
Source: Public Records

Range of Values:

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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
Salvemini Joe -- First American Title Company
Lanco Exchange Inc $1,245,000 Lawyers Title
Khorsandi Shaun -- Lawyers Title
Khorsandi Shaun -- None Available
Khorsandi Jacob $735,000 Equity Title Los Angeles
Arbabi Mohammad Reza -- First American Title Co La
Parthenia Llc -- --
Arbabi Mohammad Reza -- First American Title Co
Parthenia Llc -- --
Arbabi Mohammad Reza -- First American Title Co Lend
Parthenia Llc -- --
Arbabi Mohamad Reza $255,000 Old Republic Title Company
Bank United -- Old Republic Title Company
Citicorp Mtg Inc -- Old Republic Title Company
Prudential Home Mtg Company Inc $255,000 American Title Ins Co
Azali Benjamin -- --
Coleman Ludlow Peter -- --
Reuveni Asaf -- --
Coleman Ludlow -- United Title Company
Coleman Ludlow $400,000 Southern California Title Co
Crossley Chris $320,000 Southern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lanco Exchange Inc $775,000
Previous Owner Arbabi Mohammad Reza $1,000,000
Previous Owner Arbabi Mohammad Reza $887,000
Previous Owner Arbabi Mohammad Reza $880,000
Previous Owner Coleman Ludlow $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2017 07/03/17 Sold $1,245,000 -3.8% $278 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
03/14/2017 03/14/17 Price Changed $1,294,000 -0.1% $289 / Sq Ft
02/24/2017 02/24/17 Price Changed $1,295,000 -3.7% $289 / Sq Ft
02/21/2017 02/21/17 Price Changed $1,345,000 -3.2% $300 / Sq Ft
02/07/2017 02/07/17 Price Changed $1,390,000 -0.4% $310 / Sq Ft
09/19/2016 09/19/16 Price Changed $1,395,000 -6.7% $312 / Sq Ft
08/24/2016 08/24/16 For Sale $1,495,000 +103.4% $334 / Sq Ft
05/29/2012 05/29/12 Sold $735,000 +8.9% $164 / Sq Ft View Prior Sale
01/13/2012 01/13/12 Price Changed $675,000 -10.0% $151 / Sq Ft
01/11/2012 01/11/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $750,000 0.0% $167 / Sq Ft
01/05/2012 01/05/12 Price Changed $750,000 +7.3% $167 / Sq Ft
03/24/2011 03/24/11 Pending -- -- --
03/24/2011 03/24/11 For Sale $699,000 -4.9% $156 / Sq Ft
03/14/2011 03/14/11 Off Market $735,000 -- --
03/06/2011 03/06/11 For Sale $699,000 -- $156 / 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 $7,973 $595,183 $436,977 $158,206
2024 $7,973 $583,513 $428,409 $155,104
2023 $7,834 $572,072 $420,009 $152,063
2022 $7,503 $560,856 $411,774 $149,082
2021 $7,393 $549,859 $403,700 $146,159
2020 $16,469 $1,295,298 $775,098 $520,200
2019 $15,920 $1,295,297 $679,901 $615,396
2018 $15,802 $1,269,900 $666,570 $603,330
2016 $9,837 $779,862 $311,944 $467,918
2015 $9,699 $768,149 $307,259 $460,890
2014 $9,751 $753,103 $301,241 $451,862
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16187142

California Regional Multiple Listing Service (CRMLS)

APN: 2787-001-019