NOT LISTED FOR SALE

18658 Chase St Northridge, CA 91324

Estimated Value: $1,451,000 - $1,691,000

3 Beds
3 Baths
2,434 Sq Ft
$630/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $1,600,000 $657 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $8,511/month

50 Days on Market

Highlights

  • 1.1 Acre Lot
  • Orchard Views
  • Secluded Lot
  • Valley Academy of Arts & Sciences Rated A-
  • Property is near public transit
  • Bonus Room

About This Home

As of August 2024

Major price adjustment. Please bring all offers. Equestrian zoned property in Northridge. Bring your horses, goats, chickens and other small animals. Zoned RA. Over one acre of fantasy land in a quiet neighborhood of estate size lots and homes. A private property a true oasis in the center of the city. Within close proximity to Cal State University Northridge campus. Close to all shopping, restaurants, transportation corridors. This unique four bedroom 2 bath former celebrity owned home is situated on a property that features one of the largest lots in the area and is ready to suit your dreams of potential redevelopment. Several structures are currently used as secondary homes, work rooms, stables. Former home of a celebrity with several structures, in-law quarters, maids quarters or rentals for income that can be either renovated or for the project seeker/developer, this property presents a tremendous opportunity to create a family compound or build multiple units on a 47,903 square foot lot.

Seller states total bedroom count on the property with guest cottage is 6 and 7 baths.

Buyer to conduct its own investigation as to the permitted uses, building permits and investigate the potential for redeveloping this large over one acre lot into a multifamily development, or a lot split and developing the front portion to multifamily and renovating the back and converting to a rehab facility, addiction recovery center, or assisted living.

Seller, Seller's agents, brokers and representatives make no warranty expressed or implied as to the potential uses, conditions of property or zoning.

Last Agent to Sell the Property

Vic Deirmendjian

Vic J. Diermendjian Brokerage Phone: 818-519-6755 License #00599219 Listed on: 06/07/2024

Vic J. Diermendjian

Last Buyer's Agent

Vic Deirmendjian

Vic J. Diermendjian Brokerage Phone: 818-519-6755 License #00599219 Listed on: 06/07/2024

Vic J. Diermendjian

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,866

Year Built

  • Built in 1933

Lot Details

  • 1.1 Acre Lot
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Needs Fence Repair
  • Secluded Lot
  • Level Lot
  • Back and Front Yard
  • Property is zoned LARA

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 2,434 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Orchard Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 4 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 214
  • Tax Tract Number 115
  • Assessor Parcel Number 2785015001
  • $675 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,866

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: LARA
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2785015001
  • Year Built: 1933
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2434.00 Square Feet
  • Interior Amenities: Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 657.35
  • Room Type: All Bedrooms Down, Bonus Room, Den, Family Room, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Shower In Tub, Separate Tub And Shower, Tile Counters

Exterior Features

  • View: Orchard
  • Fence: Yes
  • Fencing: Block, Chain Link, Needs Repair, Wood, Wrought Iron
  • Pool Private: No
  • Construction Materials: Brick, Stucco

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level, Near Public Transit, Secluded
  • Lot Size Sq Ft: 47903.00
  • Lot Size Acres: 1.0997

Multi Family

  • Lease Considered: No
  • Lot Size Area: 47903.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 214
  • Tax Tract Number: 115...
  • TaxOtherAnnualAssessmentAmount: 675.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Aug 2, 2024
Sold by
Yvonne Marie Nasser Living Trust and Nasser Yvonne Marie
Bought by
Ganj Family Trust and Ghotra
Seller's Agent
Vic Deirmendjian
Vic J. Diermendjian
Buyer's Agent
Vic Deirmendjian
Vic J. Diermendjian
List Price
$2,158,000
Sold Price
$1,600,000
Premium/Discount to List
-$558,000
-25.86%
Views
23
Current Estimated Value
$1,532,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$67,294
Avg. Annual Appreciation
-3.64%
Original Mortgage
$1,120,000
Outstanding Balance
$1,107,082
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$425,624

Purchase Details

Closed on
May 31, 2017
Sold by
Nasser Yvonne M
Bought by
Nasser Yvonne Marie and The Yvonne Marie Nasser Living Trust

Purchase Details

Closed on
May 24, 2016
Sold by
Nasser Yvonne M
Bought by
Nasser Yvonne M

Purchase Details

Closed on
Mar 22, 2002
Sold by
Plumer John
Bought by
Plumer John and The John Plumer Trust

Purchase Details

Closed on
Jun 20, 1995
Sold by
Bank Of America National Trust Company
Bought by
Plumer John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
7.67%

Purchase Details

Closed on
Mar 7, 1995
Sold by
Bagamaspad Alan M and Bagamaspad Elenita A
Bought by
Bank America National Trust Company and Citibank Na Remic Mtg Pass Through Certi
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
Ganj Family Trust $1,600,000 Equity Title Company
Nasser Yvonne Marie -- None Available
Nasser Yvonne M -- None Available
Plumer John -- --
Plumer John $270,000 First American Title Ins Co
Bank America National Trust Company $270,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ganj Family Trust $1,120,000
Previous Owner Plumer John $176,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2024 08/29/24 Sold $1,600,000 -15.6% $657 / Sq Ft
07/08/2024 07/08/24 Price Changed $1,895,000 -12.2% $779 / Sq Ft
06/07/2024 06/07/24 For Sale $2,158,000 -- $887 / 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 $5,866 $1,600,000 $1,200,000 $400,000
2024 $5,866 $439,722 $276,866 $162,856
2023 $5,762 $431,101 $271,438 $159,663
2022 $5,512 $422,649 $266,116 $156,533
2021 $5,437 $414,363 $260,899 $153,464
2019 $5,285 $402,074 $253,161 $148,913
2018 $5,089 $394,192 $248,198 $145,994
2016 $4,850 $378,887 $238,561 $140,326
2015 $4,783 $373,197 $234,978 $138,219
2014 $4,824 $365,888 $230,376 $135,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24115757

California Regional Multiple Listing Service (CRMLS)

APN: 2785-015-001