NOT LISTED FOR SALE

Estimated Value: $1,324,000 - $1,414,000

5 Beds
3 Baths
2,513 Sq Ft
$544/Sq Ft Est. Value

Last Sold August 21, 2017

Last sale price $835,000 $332 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $8,613/month

91 Days on Market

Highlights

  • Wood Flooring
  • Lawn
  • 3 Car Attached Garage
  • Porter Ranch Community Rated A-
  • Community Pool
  • Eat-In Kitchen

About This Home

As of August 2017

Comfort living at its finest! This welcoming 2,513 S.F. home nestled in the serene and highly ranked gated community of Sorrento in Porter Ranch is sure to impress. Bathed in natural light, with a two story entry to the living room, plantation shutters, 5 Bedrooms, 3 Baths, this home will elicit feelings of well-being at first glance.

The fully-equipped, spacious kitchen with an island allows your culinary skills to run wild, while the nearby breakfast area and family room soak in nature’s morning glory. The dining room, provides an elegant separation that is excellent for hosting traditional family and friends dinners. First floor is complete with 1 bedroom and 1 bathroom that offers a myriad of usage options – office, guestroom, or personal gym.

Bridal staircase leads to the Second floor that features an elegant Master Bedroom with sleek Master Bath with separate soaking tub & shower, 3 additional Bedrooms and ample storage space. Other features include 3-car garage, a tranquil backyard, and convenient location to nearby retail and entertainment.

Community amenities comprise inviting recreation rooms with sparkling pool & spa, grand playgrounds – ideal for entertainment and leisure! This home exudes pride of ownership and can truly be called “home sweet home”!”

Last Agent to Sell the Property

Moe Abourched

Rodeo Realty License #01045349 Listed on: 04/10/2017

Rodeo Realty

Co-Listed By

Evelyn Rubio

Rodeo Realty License #01746763

Last Buyer's Agent

Ted K

Gateway Real Estate, Inc. License #01857245

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,576

Year Built

  • Built in 2003

Lot Details

  • 5,650 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard
  • Property is zoned LARZ4

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2,513 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 52
  • Tax Tract Number 50512
  • Assessor Parcel Number 2701050052

Community Details

Overview

  • Valencia Management Group Association, Phone Number (661) 295-9474

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,576

Year Built

Built in 2003

Lot Details

0

HOA Fees

$200 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LARZ4
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2701050052
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2513.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Area, Dining Room
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 332.27
  • Room Type: Family Room, Kitchen, Living Room
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Pool Features: Community
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Association Name: Valencia Management Group
  • Phone: 661-295-9474
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 5650.00

Multi Family

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

Tax Info

  • Tax Census Tract: 1082.02
  • Tax Lot: 52
  • Tax Tract Number: 50512

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2017
Closed on
Jul 11, 2017
Sold by
Oueini Waseem
Bought by
Hwang Albert Chongwoo and Hwang Yanqing Chen
Seller's Agent
Moe Abourched
Rodeo Realty
Buyer's Agent
Ted K
Gateway Real Estate, Inc.
List Price
$847,500
Sold Price
$835,000
Premium/Discount to List
-$12,500
-1.47%
Current Estimated Value
$1,367,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$532,097
Avg. Annual Appreciation
6.26%
Original Mortgage
$300,000
Outstanding Balance
$250,924
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$1,107,375

Purchase Details

Closed on
Mar 23, 2012
Sold by
Oueini Waseem and Oueini Hanaa
Bought by
Oueini Waseem and Oueini Hanaa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2003
Sold by
Porter Ranch Development Co
Bought by
Oueini Waseem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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
Hwang Albert Chongwoo $835,000 Lawyers Title
Oueini Waseem -- Advantage Title Company
Oueini Waseem $629,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hwang Albert Chongwoo $300,000
Previous Owner Oueini Waseem $135,000
Previous Owner Oueini Waseem $450,000
Previous Owner Oueini Waseem $335,000
Previous Owner Oueini Waseem $200,000
Previous Owner Oueini Waseem $300,000
Previous Owner Oueini Waseem $300,000
Previous Owner Oueini Waseem $150,000
Previous Owner Oueini Waseem $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2017 08/21/17 Sold $835,000 -1.5% $332 / Sq Ft
07/10/2017 07/10/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $847,500 -- $337 / 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 $11,576 $950,081 $523,056 $427,025
2024 $11,576 $931,452 $512,800 $418,652
2023 $11,354 $913,190 $502,746 $410,444
2022 $10,829 $895,286 $492,889 $402,397
2021 $10,691 $877,732 $483,225 $394,507
2019 $10,373 $851,700 $468,894 $382,806
2018 $10,259 $835,000 $459,700 $375,300
2016 $9,158 $756,048 $302,418 $453,630
2015 $9,024 $744,693 $297,876 $446,817
2014 $9,057 $730,107 $292,042 $438,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17076236

California Regional Multiple Listing Service (CRMLS)

APN: 2701-050-052