NOT LISTED FOR SALE

18307 Burbank Blvd Unit 32 Tarzana, CA 91356

Estimated Value: $352,115 - $450,000

1 Bed
1 Bath
724 Sq Ft
$345/mo HOA Fee

Last Sold January 02, 2021

Last sale price $295,000 $407 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,729/month

24 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Lawn
  • Gaspar De Portola Middle School Rated A-
  • Open Floorplan
  • Eat-In Kitchen

About This Home

As of January 2021

BOM (family sickness)Here's the opportunity you have been waiting for. Pinnacle properties presents to you a beautiful 1 bedroom 1 bath approximately 724 SQFT condo, located in the Luxury gated VILLA LORENA COMPLEX, in the heart of TARZANA which is close to shopping center, supermarkets, coffee shops, hospital, and 101FWY. Open floor plan,NICE LIVING ROOM has both natural and recessed lighting with balcony overlooking the gorgeous greenbelts with large mature trees offering serenity and comfort. under one year updated large restroom, laminate floor,good size kitchen .HOA dues cover hot water, trash, pool and spa /Jacuzzi maintenance, common area landscaping, rec room and laundry rooms. The beautiful scenery offers a relaxing feel. There are 2 tandem covered parking spaces that is accessed through a secured gate. Condo is close to community laundry .DO NOT LET THIS ONE GET AWAY!

Last Agent to Sell the Property

Farideh Eshraghi

Pinnacle Estate Properties, Inc. License #01136770 Listed on: 10/22/2020

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

Shawn Khani

LandMark Property Investment License #01164967

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,929

Year Built

  • Built in 1970

Lot Details

  • Two or More Common Walls
  • Lawn

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Turnkey

Interior Spaces

  • 724 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room
  • Living Room Balcony
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Walk-in Shower

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System

Additional Features

  • Accessible Parking
  • In Ground Pool

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 2157014032

Community Details

Overview

  • 216 Units
  • Villa Lorena Home Owners Association, Phone Number (818) 578-9500
  • West Property Management HOA
  • Maintained Community

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,929

Year Built

Built in 1970

Lot Details

0

HOA Fees

$345 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Gated Community
  • View: No
  • Zoning: LAR3
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2157014032
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 724.00 Square Feet
  • Interior Amenities: Living Room Balcony, Open Floorplan
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area, Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 407.46
  • Room Type: Kitchen, Living Room, Master Bedroom
  • Bathroom Features: Shower, Remodeled

Exterior Features

  • Pool Features: Community, In Ground
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Disposal
  • Heating Type: Central
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Maintenance Grounds, Trash, Water, Hot Water
  • Association Fee: 345.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Lorena Home Owners
  • Phone: 818-578-9500
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: West property management

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Lawn

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 216
  • Number Of Units Total: 216

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Dec 29, 2020
Sold by
Jalali Sedigheh Farshi
Bought by
Baghdadi Nasim and Baghdadi Vida
Seller's Agent
Farideh Eshraghi
Pinnacle Estate Properties, Inc.
Buyer's Agent
Shawn Khani
LandMark Property Investment
List Price
$279,000
Sold Price
$295,000
Premium/Discount to List
$16,000
5.73%
Current Estimated Value
$389,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,529
Avg. Annual Appreciation
5.84%

Purchase Details

Closed on
Aug 7, 2013
Sold by
Baghdadi Vida
Bought by
Jalali Sedigheh Farshi

Purchase Details

Listed on
May 8, 2013
Closed on
May 20, 2013
Sold by
Sheldon Brittany L
Bought by
Baghdadi Vida
Seller's Agent
Peter La Monica
No Firm Affiliation
Buyer's Agent
Fariba Mirdjavadi
Century 21 Valley Properties, Inc.
List Price
$175,000
Sold Price
$180,000
Premium/Discount to List
$5,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%

Purchase Details

Closed on
Dec 12, 2008
Sold by
Guerao Alexander
Bought by
Sheldon Brittany L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2006
Sold by
Wasserman Howard
Bought by
Guerao Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 24, 2002
Sold by
Gore Newton and Gore Marsha
Bought by
Wasserman Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2002
Sold by
Gore Michael
Bought by
Wasserman Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Baghdadi Nasim -- Pacific Coast Title Company
Jalali Sedigheh Farshi -- None Available
Baghdadi Vida $180,000 Lawyers Title
Sheldon Brittany L $175,000 Progressive Title Company
Guerao Alexander $275,000 California Title Company
Wasserman Howard $80,000 --
Wasserman Howard $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sheldon Brittany L $157,500
Previous Owner Guerao Alexander $220,000
Previous Owner Wasserman Howard $96,000
Previous Owner Wasserman Howard $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/02/2021 01/02/21 Sold $295,000 +5.7% $407 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $279,000 +55.0% $385 / Sq Ft
05/24/2013 05/24/13 Sold $180,000 +2.9% $249 / Sq Ft View Prior Sale
05/16/2013 05/16/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $175,000 -- $242 / 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 $3,929 $319,315 $102,830 $216,485
2024 $3,880 $313,055 $100,814 $212,241
2023 $3,806 $306,918 $98,838 $208,080
2022 $3,626 $300,900 $96,900 $204,000
2021 $2,520 $204,766 $93,055 $111,711
2020 $2,544 $202,667 $92,101 $110,566
2019 $2,445 $198,695 $90,296 $108,399
2018 $2,428 $194,800 $88,526 $106,274
2016 $2,315 $187,239 $85,090 $102,149
2015 $2,282 $184,427 $83,812 $100,615
2014 $2,295 $180,816 $82,171 $98,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20218245

California Regional Multiple Listing Service (CRMLS)

APN: 2157-014-032