NOT LISTED FOR SALE

2354 Panorama Dr La Crescenta, CA 91214

Estimated Value: $3,314,000 - $4,479,000

5 Beds
7 Baths
5,299 Sq Ft
$736/Sq Ft Est. Value

Last Sold August 19, 2014

Last sale price $2,325,000 $439 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $23,844/month

90 Days on Market

Highlights

  • Home Theater
  • In Ground Spa
  • Fireplace in Primary Bedroom
  • Mountain Avenue Elementary School Rated A
  • 0.6 Acre Lot
  • Contemporary Architecture

About This Home

As of August 2014

Serenity meets upscale in this amazing estate superbly designed with the high level of finishes and craftsmanship. This one of a kind Estate boasts over 6,000 sqft of main residence with 5Beds, 7Baths, a chef’s style kitchen, formal dining room, office, master suite, guest suites, gym and a Hollywood style theater plus over 1,700 sqft of attached Pool-House/Game-room.
Enter through a custom-made brass double entry that leads you into an elegant mosaic stairs. Formal grand scale living room decorate with two grand Swarovski Crystal Chandeliers, Venetian plaster, floor to ceiling windows, fireplace, surround sound and many other features make this magnificent Estate the ultimate in luxury and sophistication. Enjoy paradise at home with a mansion setting virtual oasis backyard, custom built and perfect for entertaining… Lush landscaping, pool-bar, BBQ area, beach entry Salt Water pool, Jacuzzi spa, cabanas, exterior sound system, private exterior full bath and multiple sitting pit areas cap off this truly exceptional estate. Please bring your most discriminating buyers for a private showing.

Last Agent to Sell the Property

Allen Nazarian

Coldwell Banker Hallmark Realty License #01885169 Listed on: 03/10/2014

Coldwell Banker Hallmark Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,091

Year Built

  • Built in 1939

Lot Details

  • 0.6 Acre Lot

Parking

  • 3 Car Attached Garage
  • Carport
  • Parking Available

Home Design

  • Contemporary Architecture

Interior Spaces

  • 5,299 Sq Ft Home
  • Bar
  • Double Door Entry
  • Family Room with Fireplace
  • Living Room
  • Open Floorplan
  • Formal Dining Room
  • Home Theater
  • Bonus Room
  • Home Gym
  • Pool Views

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 7 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • In Ground Spa
  • Private Pool

Outdoor Features

  • Balcony
  • Stone Porch or Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 6658
  • Assessor Parcel Number 5804012036

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,091

Year Built

Built in 1939

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: 818-731-8151
  • Other Phone Number: 818-731-8151
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5804012036
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5299.00
  • Interior Amenities: Bar, Balcony
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Total Bedrooms: 5
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar, In Family Room, Dining Room, In Living Room, Separated
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 438.76
  • Room Type: Bonus Room, Entry, Family Room, Formal Entry, Foyer, Exercise Room, Living Room, Home Theatre
  • Spa Features: In Ground

Exterior Features

  • Patio: Yes
  • View: Pool
  • Patio And Porch Features: Stone
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Double Oven, Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Gas Range, Gas Water Heater, Microwave
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Gas & Electric Dryer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Size Sq Ft: 26115.00
  • Lot Size Acres: 0.6000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 26115.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 30
  • Tax Tract Number: 6658

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2014
Closed on
Jun 26, 2014
Sold by
Sarkisian Armond and Manukyan Rita
Bought by
Jogani Pinkal and Jogani Pamita
Seller's Agent
Allen Nazarian
Coldwell Banker Hallmark Realty
List Price
$2,799,000
Sold Price
$2,325,000
Premium/Discount to List
-$474,000
-16.93%
Current Estimated Value
$3,900,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,575,507
Avg. Annual Appreciation
5.07%

Purchase Details

Closed on
Dec 15, 2008
Sold by
Sarkisian Armond and Manukyan Rita
Bought by
Sarkisian Armond and Manukyan Rita

Purchase Details

Closed on
Oct 8, 2008
Sold by
Manukyan Rita
Bought by
Sarkisian Armond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$752,500
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2008
Sold by
Forgey Ronald C and Forgey Mary Beth
Bought by
Sarkisian Armond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$752,500
Interest Rate
5.77%
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
Jogani Pinkal $2,325,000 Lawyers Title
Sarkisian Armond -- None Available
Sarkisian Armond -- None Available
Sarkisian Armond -- Equity Title Los Angeles
Sarkisian Armond $1,075,000 Equity Title Los Angeles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jogani Pinkal $1,395,000
Previous Owner Sarkisian Armond $120,000
Previous Owner Sarkisian Armond $1,000,000
Previous Owner Sarkisian Armond $752,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2014 08/19/14 Sold $2,325,000 -8.8% $439 / Sq Ft
06/20/2014 06/20/14 Price Changed $2,549,000 -8.9% $481 / Sq Ft
06/08/2014 06/08/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $2,799,000 -- $528 / 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 $31,091 $2,794,292 $1,682,586 $1,111,706
2024 $31,091 $2,739,503 $1,649,595 $1,089,908
2023 $30,296 $2,685,788 $1,617,250 $1,068,538
2022 $29,459 $2,633,127 $1,585,540 $1,047,587
2021 $28,955 $2,581,498 $1,554,451 $1,027,047
2019 $27,853 $2,504,932 $1,508,347 $996,585
2018 $27,188 $2,455,817 $1,478,772 $977,045
2016 $25,952 $2,360,456 $1,421,350 $939,106
2015 $25,411 $2,325,000 $1,400,000 $925,000
2014 $18,609 $1,681,689 $955,951 $725,738
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB14048658

California Regional Multiple Listing Service (CRMLS)

APN: 5804-012-036