NOT LISTED FOR SALE

18880 Wells Dr Tarzana, CA 91356

Estimated Value: $2,628,000 - $3,394,000

6 Beds
5 Baths
4,606 Sq Ft
$654/Sq Ft Est. Value

Last Sold June 29, 2016

Last sale price $1,170,000 $254 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $18,095/month

23 Days on Market

Highlights

  • Private Pool
  • Two Primary Bedrooms
  • Fireplace in Primary Bedroom
  • Gaspar De Portola Middle School Rated A-
  • Maid or Guest Quarters
  • Wood Flooring

About This Home

As of June 2016

Best price in this area! Perfect opportunity to own a home south of the Blvd. This home has it all, from the circular driveway to the large front porch, multiple balconies, huge backyard with a good sized pool. The home features 6 bedrooms and 5 bathrooms. The kitchen has 2 sub-zero fridges, dual Thermador ovens, Thermador stove, granite countertops and breakfast nook. The home has engineered hardwood floors throughout. There is a master bedroom on the 1st floor and also the 2nd floor. The living room has high ceilings and a large covered patio, great for entertaining. Many of the bathrooms have been updated with granite countertops and vanities. Home is perfect for a large family, 2 of the bedrooms have their own wing of the home, perfect for in-laws or guests. Extra detached 800 sf +/- rec room/storage and two bathrooms for the pool area. Don't miss out on this one!!

Last Agent to Sell the Property

Matt McPherson

Compass License #01885040 Listed on: 05/03/2016

Compass

Last Buyer's Agent

Rachael Osgood

Media West Realty,Inc. License #01957945

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,122

Year Built

  • Built in 1932

Lot Details

  • 0.48

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Composition Roof

Interior Spaces

  • 4,606 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Wood Flooring
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • 5 Full Bathrooms

Outdoor Features

  • Private Pool
  • Balcony
  • Concrete Porch or Patio

Additional Features

  • 0.48 Acre Lot
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 58
  • Tax Tract Number 2605
  • Assessor Parcel Number 2176010018

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,122

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2176010018
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4606.00
  • Interior Amenities: Balcony
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 6
  • Eating Area: Breakfast Nook
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 254.02
  • Room Type: Family Room, Guest/Maid's Quarters, Walk-In Closet, Two Masters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 21048.00
  • Price Per Lot Square Foot: 55.59

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 58
  • Tax Tract Number: 2605

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2016
Closed on
Jun 24, 2016
Sold by
Chavy Jessica J
Bought by
Gonzalez Javier
Seller's Agent
Matt McPherson
Compass
Buyer's Agent
Rachael Osgood
Media West Realty,Inc.
List Price
$1,295,000
Sold Price
$1,170,000
Premium/Discount to List
-$125,000
-9.65%
Current Estimated Value
$3,013,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,843,182
Avg. Annual Appreciation
10.90%
Original Mortgage
$620,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2012
Sold by
Chavy Jean Pierre and Chavy Jessica J
Bought by
Citigroup Global Markets Realty Corp

Purchase Details

Closed on
Dec 1, 2005
Sold by
Chavy Jean Pierre and Chavy Jessica J
Bought by
Chavy Jean Pierre

Purchase Details

Closed on
Apr 25, 2005
Sold by
Blackwell Jerry W and Blackwell Catherine
Bought by
Chavy Jean Pierre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$944,300
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2004
Sold by
Blackwell Catherine
Bought by
Blackwell Jerry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2003
Sold by
Blackwell Jerry W
Bought by
Blackwell Jerry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 29, 2002
Sold by
Blackwell Lana
Bought by
Blackwell Jerry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.87%

Purchase Details

Closed on
Sep 9, 1996
Sold by
Blackwell Jerry W
Bought by
Blackwell Lana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.88%

Purchase Details

Closed on
Jun 24, 1994
Sold by
Blackwell Jerry W
Bought by
Blackwell Lana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,750
Interest Rate
8.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 13, 1994
Sold by
California Federal Bank Fsb
Bought by
Blackwell Lana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,750
Interest Rate
8.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 21, 1993
Sold by
Cal Fed Service Corp
Bought by
California Federal Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gonzalez Javier $1,170,000 Fidelity Sherman Oaks
Citigroup Global Markets Realty Corp $849,975 Accommodation
Chavy Jean Pierre -- --
Chavy Jean Pierre $1,349,000 Equity Title Company
Blackwell Jerry W -- Ctc
Blackwell Catherine -- Chicago Title Co
Blackwell Jerry W -- Chicago
Blackwell Jerry W -- Commonwealth Title
Blackwell Lana -- Stewart Title
Blackwell Lana M -- First American Title Ins Co
Blackwell Lana $221,000 First American Title Ins Co
California Federal Bank $332,942 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Javier $565,000
Closed Gonzalez Javier $217,000
Closed Gonzalez Javier $620,000
Previous Owner Chavy Jean Pierre $250,000
Previous Owner Chavy Jean Pierre $944,300
Previous Owner Blackwell Catherine $700,000
Previous Owner Blackwell Jerry W $275,000
Previous Owner Blackwell Jerry W $185,000
Previous Owner Blackwell Jerry W $430,000
Previous Owner Blackwell Lana M $100,000
Previous Owner Blackwell Lana $212,000
Previous Owner Blackwell Lana $300,000
Previous Owner Blackwell Lana $165,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2016 06/29/16 Sold $1,170,000 -4.1% $254 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
05/23/2016 05/23/16 Price Changed $1,219,999 -0.4% $265 / Sq Ft
05/14/2016 05/14/16 Price Changed $1,225,000 -2.0% $266 / Sq Ft
05/10/2016 05/10/16 Price Changed $1,249,999 -3.5% $271 / Sq Ft
05/03/2016 05/03/16 For Sale $1,295,000 -- $281 / 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 $20,122 $1,633,018 $1,108,032 $524,986
2024 $20,122 $1,600,999 $1,086,306 $514,693
2023 $19,740 $1,569,607 $1,065,006 $504,601
2022 $18,858 $1,538,831 $1,044,124 $494,707
2021 $18,608 $1,508,658 $1,023,651 $485,007
2020 $18,791 $1,493,189 $1,013,155 $480,034
2019 $17,905 $1,241,612 $993,290 $248,322
2018 $15,102 $1,217,267 $973,814 $243,453
2016 $17,695 $1,445,000 $942,300 $502,700
2015 $17,697 $1,445,000 $942,300 $502,700
2014 $18,101 $1,445,000 $942,300 $502,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB16093396

California Regional Multiple Listing Service (CRMLS)

APN: 2176-010-018