NOT LISTED FOR SALE

Estimated Value: $1,466,000 - $1,496,000

4 Beds
3 Baths
3,195 Sq Ft
$464/Sq Ft Est. Value

Last Sold July 19, 2017

Last sale price $850,929 $266 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $9,089/month

88 Days on Market

Highlights

  • 24-Hour Security
  • Mountain View
  • Tennis Courts
  • Porter Ranch Community Rated A-
  • Community Pool
  • Double Oven

About This Home

As of July 2017

BACK ON THE MARKET! This home is located in the prestigious gated community of Sorrento in Porter Ranch, with amenities of pool, spa, children's play ground and a 24-hour gate guard and patrol services. This contemporary home was built in 2005, featuring 4 bedrooms and 3 bathrooms. The gross living area and lot size are 3195 and 6039 square feet, respectively. This welcoming home also features 3-car attached garage, beautiful wood flooring, central air and heat and gas-fired fireplace. Its high ceiling, open floor plan and neutral-colored paint create a bright space and airy feel in the home. The sizeable eat-in kitchen has granite countertops, center island, custom backsplash, double oven and ample storage. There is a fireplace in the living room and built-in BBQ in the backyard. The laundry room is on the second floor. The Sierra Canyon School, Chatsworth Hills Academy and Germain Elementary School are just a few of good schools nearby this complex. Very close to the 118 freeway, public transportation, commercial establishments and entertainment centers.

Last Agent to Sell the Property

Federico Burgos

Vylla Home, Inc. License #01131249 Listed on: 03/13/2017

Co-Listed By

David Judd

License #00621966

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,716

Year Built

  • Built in 2005

Lot Details

  • 6,039 Sq Ft Lot
  • Masonry wall
  • Block Wall Fence
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LARZ4

HOA Fees

  • $242 Monthly HOA Fees

Parking

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

Property Views

  • Mountain
  • Hills

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Tile Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 3,195 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Double Oven
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 50512
  • Assessor Parcel Number 2701064005

Community Details

Overview

  • Sorrento Of Porter Ranch Community Association

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,716

Year Built

Built in 2005

Lot Details

0

HOA Fees

$242 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Gated Community, Gated with Guard, Guarded
  • View: Yes
  • Zoning: LARZ4
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2701064005
  • Year Built: 2005
  • Special Features: Auction

Interior Features

  • Fireplace: Yes
  • Living Area: 3195.00 Square Feet
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 266.33
  • Room Type: Family Room, Foyer, Kitchen, Laundry, Living Room
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Hills, Mountain(s)
  • Fence: Yes
  • Fencing: Block, Masonry
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Clay, Tile
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven
  • Heating Type: Central
  • Laundry Features: Upper Level
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Playground, Tennis Court(s), Guard, Security, Controlled Access
  • Association Fee: 242.00
  • Association Fee Frequency: Monthly
  • Association Name: Sorrento of Porter Ranch Community
  • Phone: 999999999
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 6039.00

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: 5
  • Tax Tract Number: 50512

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2023
Sold by
Park Terry Simon and Park Jane Yoo
Bought by
2023 Park Family Trust
Total Days on Market
88
Current Estimated Value
$1,483,154

Purchase Details

Listed on
Mar 13, 2017
Closed on
Jul 17, 2017
Sold by
Wilmington Trust National Association
Bought by
Park Terry Simon and Park Jane Yoo
Seller's Agent
Federico Burgos
Vylla Home, Inc.
List Price
$865,000
Sold Price
$850,929
Premium/Discount to List
-$14,071
-1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$450,929
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2016
Sold by
Song Paul T
Bought by
Wilmington Trust National Association

Purchase Details

Closed on
Apr 9, 2014
Sold by
Sorrento At Porter Ranch Community Assoc
Bought by
Song Paul T

Purchase Details

Closed on
Nov 8, 2013
Sold by
Song Paul T
Bought by
Sorrento At Porter Ranch Community Assoc

Purchase Details

Closed on
Aug 5, 2013
Sold by
Song Paul T and Case #11A06402 R
Bought by
Sorrento At Porter Ranch Community Assoc

Purchase Details

Closed on
Nov 21, 2005
Sold by
Yoo Joo Young
Bought by
Song Paul T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 4, 2005
Sold by
Porter Ranch Development Co
Bought by
Song Paul T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,100
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 21, 2004
Sold by
Porter Ranch Development Co
Bought by
Sorrento At Porter Ranch Community Assn
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 Buyer Sale Price Title Company
2023 Park Family Trust -- None Listed On Document
Park Terry Simon $851,000 Premium Title Of Ca Inc
Wilmington Trust National Association $762,300 None Available
Song Paul T -- None Available
Sorrento At Porter Ranch Community Assoc $7,723 None Available
Sorrento At Porter Ranch Community Assoc $7,723 None Available
Song Paul T -- Chicago Title Subdivision
Song Paul T $880,500 Chicago Title Subdivision
Sorrento At Porter Ranch Community Assn -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park Terry Simon $427,000
Previous Owner Park Terry Simon $450,929
Previous Owner Porter Ranch Development Co $5,428,000
Previous Owner Song Paul Taekkun $104,800
Previous Owner Song Paul T $840,000
Previous Owner Song Paul T $132,000
Previous Owner Song Paul T $660,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2017 07/19/17 Sold $850,929 -1.6% $266 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $865,000 -- $271 / 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 $11,716 $949,190 $512,467 $436,723
2023 $11,490 $930,579 $502,419 $428,160
2022 $10,957 $912,333 $492,568 $419,765
2021 $10,810 $894,445 $482,910 $411,535
2020 $10,916 $885,275 $477,959 $407,316
2019 $10,486 $867,918 $468,588 $399,330
2018 $10,361 $850,900 $459,400 $391,500
2016 $10,102 $829,459 $455,847 $373,612
2015 $9,955 $817,000 $449,000 $368,000
2014 $9,452 $757,000 $541,000 $216,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17057454

California Regional Multiple Listing Service (CRMLS)

APN: 2701-064-005