$1,155,000
SOLD MAR 12, 2024
5 Beds
3 Baths
2,857 Sq Ft
5,028 Sq Ft Lot

Recently Sold

$404 Per Sq Ft

4% Below List Price

65 Days on Market

Highlights

  • Gated with Attendant
  • Spa
  • City Lights View
  • Porter Ranch Community Rated A-
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of October 2024

Cash Offers Only. Unfortunately No exceptions. Views, Views, Views!!Presenting an unparalleled buyer /investor opportunity to make repairs and save!! Property currently needs some TLC but has so much potential! Step into this extraordinary VIEW estate nestled within the highly coveted guard-gated "Sorrento" community in Porter Ranch. Situated at the cul-de-sac's end, this residence boasts 4/5 large bedrooms & 3 bathrooms. Upon entering you are immediately greeted with an open floor plan with two story soaring ceilings and a spacious living room adorned with expansive picturesque windows. The large formal dining room is ideal for hosting gatherings and adds to the floorplans allure. Discover a gourmet kitchen featuring granite countertops, abundance of cabinetry, and a center island. The kitchen seamlessly opens to the family room creating an inviting space for entertaining. There is a bedroom and bathroom conveniently located downstairs. The stunning wrought iron spiral staircase leads upstairs to the oversized master suite which offers breathtaking valley views, 2 separate walk-in closets, a separate tub and shower, and double vanities. There are 2 additional well-proportioned upstairs bedrooms that share a centrally located full bathroom. The spacious bonus room, can be used as a 5th bedroom, media room, or kids play area and completes the upper level. The backyard boasts gorgeous, captivating city and mountain views. Additional features include a laundry room and a 3-car garage. The HOA amenities include a multiple pools, spas, and playgrounds, enhancing the overall appeal of this remarkable property. Incredible opportunity to complete repairs and save! Due to condition cash offers only

Last Agent to Sell the Property

Dave Proctor

Pinnacle Estate Properties License #01182757 Listed on: 12/26/2023

Pinnacle Estate Properties

Co-Listed By

Melody Jew

Pinnacle Estate Properties License #01755064

Last Buyer's Agent

Samantha Ramirez

Wedgewood Homes Realty License #02202180

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,675

Year Built

  • Built in 2001

Lot Details

  • 5,028 Sq Ft Lot
  • Cul-De-Sac
  • Back Yard
  • Property is zoned LARZ4

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Property Views

  • City Lights
  • Mountain

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Planned Development
  • Tile Roof

Interior Spaces

  • 2,857 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • <<doubleOvenToken>>
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Outdoor Features

  • Spa
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 78
  • Tax Tract Number 50512
  • Assessor Parcel Number 2701049016
  • $393 per year additional tax assessments

Community Details

Overview

  • Sorrento Porter Ranch Association, Phone Number (661) 295-4900
  • Seabreeze Managemement Association, Phone Number (800) 232-7517
  • Pmp Management Company HOA
  • Maintained Community

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,675

Year Built

Built in 2001

Lot Details

0

HOA Fees

$290 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community, Gated with Guard
  • View: Yes
  • Zoning: LARZ4
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2701049016
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2857.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Two Story Ceilings
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 404.27
  • Room Type: Family Room, Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Spa Features: Association, Community
  • Bathroom Features: Double Sinks In Bath(s), Double Sinks In Primary Bath, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • View: City Lights, Mountain(s)
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Porter Ranch Maintenance
  • Amenities: Pool, Spa/Hot Tub, Playground, Maintenance Grounds, Guard, Security
  • Association Fee: 245.00
  • Association #2 Fee: 45.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Sorrento Porter Ranch
  • Phone: 661-295-4900
  • Association Phone #2: 800-232-7517
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: PMP Management Company
  • Association Management 2: Seabreeze Managemement

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac
  • Lot Size Sq Ft: 5028.00
  • Lot Size Acres: 0.1154

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5028.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1082.02
  • Tax Lot: 78
  • Tax Tract Number: 50512
  • TaxOtherAnnualAssessmentAmount: 393.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Sep 17, 2024
Sold by
Redwood Holdings Llc
Bought by
Carandang Binondo and Balagtas Esperanza
Seller's Agent
Lauren Duffy
Douglas Elliman
Buyer's Agent
Christine Iso
Equity Union
List Price
$1,399,900
Sold Price
$1,507,500
Premium/Discount to List
$107,600
7.69%
Views
44
Current Estimated Value
$1,481,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,550
Avg. Annual Appreciation
-2.17%
Original Mortgage
$1,180,000
Outstanding Balance
$1,172,519
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$309,431

Purchase Details

Listed on
Dec 26, 2023
Closed on
Mar 1, 2024
Sold by
Sw Morgan Financial Inc
Bought by
Redwood Holdings Llc
Seller's Agent
Dave Proctor
Pinnacle Estate Properties
Buyer's Agent
Samantha Ramirez
Wedgewood Homes Realty
List Price
$1,199,000
Sold Price
$1,155,000
Premium/Discount to List
-$44,000
-3.67%
Views
1688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.90%

Purchase Details

Closed on
Sep 10, 2007
Sold by
Hack K Carlotta and Hack Family Trust
Bought by
Sw Morgan Financial Inc

Purchase Details

Closed on
Oct 13, 2005
Sold by
Hack K Carlotta
Bought by
Hack K Carlotta and Hack Family Trust

Purchase Details

Closed on
Feb 13, 2002
Sold by
Bilotta Steven Gustavo
Bought by
Hack K Carlotta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,950
Interest Rate
6.99%

Purchase Details

Closed on
Jan 25, 2001
Sold by
Porter Ranch Development Co
Bought by
Bilotta Steven Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,400
Interest Rate
8.99%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,507,500 Greenhedge Escrow
Grant Deed $1,155,000 Lawyers Title
Grant Deed -- None Available
Interfamily Deed Transfer -- --
Grant Deed $633,500 Fidelity National Title
Grant Deed $601,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,180,000 New Conventional
Previous Owner $195,185 Credit Line Revolving
Previous Owner $810,000 Negative Amortization
Previous Owner $200,000 Credit Line Revolving
Previous Owner $94,000 Credit Line Revolving
Previous Owner $43,000 Credit Line Revolving
Previous Owner $671,000 Unknown
Previous Owner $150,000 Credit Line Revolving
Previous Owner $579,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $580,000 Unknown
Previous Owner $580,000 Unknown
Previous Owner $72,000 Stand Alone Second
Previous Owner $499,950 No Value Available
Previous Owner $480,400 No Value Available
Closed $133,050 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $1,507,500 +7.7% $528 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $1,399,900 +21.2% $490 / Sq Ft
03/12/2024 03/12/24 Sold $1,155,000 -3.7% $404 / Sq Ft
03/01/2024 03/01/24 For Sale $1,199,000 +3.8% $420 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
02/27/2024 02/27/24 Off Market $1,155,000 -- --
02/09/2024 02/09/24 For Sale $1,199,000 +3.8% $420 / Sq Ft
02/04/2024 02/04/24 Off Market $1,155,000 -- --
02/04/2024 02/04/24 For Sale $1,199,000 +3.8% $420 / Sq Ft
01/28/2024 01/28/24 Off Market $1,155,000 -- --
01/23/2024 01/23/24 For Sale $1,199,000 +3.8% $420 / Sq Ft
01/16/2024 01/16/24 Off Market $1,155,000 -- --
01/16/2024 01/16/24 For Sale $1,199,000 +3.8% $420 / Sq Ft
01/08/2024 01/08/24 Off Market $1,155,000 -- --
12/26/2023 12/26/23 For Sale $1,199,000 -- $420 / 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
2024 $14,675 $1,189,880 $654,436 $535,444
2023 $14,392 $1,166,550 $641,604 $524,946
2022 $13,722 $1,143,677 $629,024 $514,653
2021 $12,064 $995,000 $547,000 $448,000
2019 $11,064 $911,000 $501,000 $410,000
2018 $11,182 $911,000 $501,000 $410,000
2016 $10,170 $833,200 $458,500 $374,700
2015 $10,172 $833,200 $458,500 $374,700
2014 $9,820 $785,000 $432,000 $353,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23228519

California Regional Multiple Listing Service (CRMLS)

APN: 2701-049-016