NOT LISTED FOR SALE

Estimated Value: $2,592,000 - $4,029,000

5 Beds
5.5 Baths
3,873 Sq Ft
$879/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $3,399,995 $878 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $22,128/month

32 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • Primary Bedroom Suite
  • Porter Ranch Community Rated A-
  • Solar Power System
  • Gated Community

About This Home

As of September 2022

Amazing City View Palma Model Home for Sale at Overlook! Spacious and private homesite on a large corner lot. Fully designer furnished ready to move-in home with all included hardscaping, landscaping, pool , spa and outdoor covered kitchen. Home features Wolf appliances, Sub Zero 48" Refrigerator and washer and dryer. Just inside the Palma's front door, you'll enter into the two-story foyer, offering views to the spacious dining room, soaring two-story great room, and large two-story luxury outdoor living space beyond. The well-designed kitchen overlooks a bright casual dining area, the great room, and amazing outdoor living, creating the perfect space to entertain year-round. The kitchen is highlighted by a large center island with breakfast bar, plenty of counter and cabinet space, and ample walk-in pantry. On the second floor, the expansive primary bedroom suite is complete with a marvelous walk-in closet and exquisite primary bath with dual vanities, large soaking tub, luxe shower, and private water closet. Central to a generous loft that overlooks the first floor, the secondary bedrooms each feature sizable closets and private baths. This home also includes an easily accessible first-floor bedroom with closet and private bath off the foyer.

Last Agent to Sell the Property

Graig Lee

Toll Brothers Real Estate, Inc License #01441168 Listed on: 06/07/2022

Last Buyer's Agent

Violetta Kalina

JohnHart Real Estate License #02122930

JohnHart Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,644

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.36 Acre Lot
  • Glass Fence
  • Block Wall Fence
  • Landscaped
  • Sprinklers on Timer
  • Back and Front Yard

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • City Lights
  • Canyon
  • Hills

Home Design

  • Modern Architecture
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Frame Construction
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 3,873 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Wired For Data
  • Coffered Ceiling
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Home Office
  • Loft

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Shower
  • Low Flow Toliet
  • Private Water Closet
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Green Roof
  • ENERGY STAR Qualified Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • ENERGY STAR Qualified Equipment
  • Solar Power System

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Enclosed patio or porch
  • Fireplace in Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Property is near a park
  • Suburban Location

Schools

  • Chatsworth High School

Utilities

  • Two cooling system units
  • Central Air
  • Heating System Uses Natural Gas
  • Standard Electricity
  • Natural Gas Connected
  • Tankless Water Heater
  • Hot Water Circulator

Listing and Financial Details

  • Tax Lot 0209
  • Tax Tract Number 50505
  • $509 per year additional tax assessments

Community Details

Overview

  • Ross Morgan & Company, Inc. Association, Phone Number (800) 364-6088
  • Porter Ranch Maintenance Association
  • Built by Toll Brothers
  • Palma
  • Foothills

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,644

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$392 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Gated Community, Security System, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 3873.00 Square Feet
  • Interior Amenities: Coffered Ceiling(s), Furnished, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Wired for Data
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Patio, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 877.87
  • Room Type: Foyer, Great Room, Kitchen, Laundry, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet, Walk-In Pantry
  • Spa Features: In Ground
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Linen Closet/Storage, Privacy Toilet Door, Quartz Counters, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Canyon, City Lights, Hills
  • Fence: Yes
  • Fencing: Block, Glass
  • Builder Name: Toll Brothers
  • Patio And Porch Features: Enclosed, Patio, Front Porch
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Concrete, Tile
  • Spa: Yes
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, Disposal, Gas Oven, Gas Range, Hot Water Circulator, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Trash Compactor, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Fireplace(s), Natural Gas
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Porter Ranch Maintenance Association
  • Amenities: Controlled Access
  • Association Fee: 350.00
  • Association #2 Fee: 42.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Ross Morgan & Company, Inc.
  • Phone: (800) 364-6088
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Foothills, Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Los Angeles Unified
  • High School: Chatsworth
  • High School: Chatsworth
  • High School2: CHATSW

Green Features

  • Green Water Conservation: Flow Control
  • Efficiency: Appliances, HVAC, Insulation, Lighting, Roof, Water Heater
  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Park Nearby, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 15757.00
  • Lot Size Acres: 0.3617
  • Latitude Manual: 34.29994100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15757.0000 Square Feet
  • Number Of Units In Community: 75
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 0209
  • Tax Tract Number: 50505
  • TaxOtherAnnualAssessmentAmount: 509.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Jul 15, 2022
Sold by
Porter Ranch Development Co
Bought by
Morlett Steve and Morlett Pamela C
Seller's Agent
Graig Lee
Toll Brothers Real Estate, Inc
Buyer's Agent
Violetta Kalina
JohnHart Real Estate
List Price
$3,399,995
Sold Price
$3,399,995
Views
11
Current Estimated Value
$3,307,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$92,721
Avg. Annual Appreciation
-0.83%
Original Mortgage
$2,380,000
Interest Rate
5.3%
Mortgage Type
New Conventional
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
Morlett Steve $3,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morlett Steve $2,380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $3,399,995 0.0% $878 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $3,399,995 -- $878 / 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 $41,644 $3,537,360 $1,414,944 $2,122,416
2024 $41,644 $3,468,000 $1,387,200 $2,080,800
2023 $40,815 $3,400,000 $1,360,000 $2,040,000
2022 $431 $34,308 $34,308 $0
2021 $427 $33,636 $33,636 $0
2019 $413 $32,640 $32,640 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22118617

California Regional Multiple Listing Service (CRMLS)

APN: 2701-104-059