NOT LISTED FOR SALE

Estimated Value: $797,005 - $920,000

2 Beds
1 Bath
1,320 Sq Ft
$665/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $550,000 $417 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,036/month

Highlights

  • RV Access or Parking
  • Reservoir Views
  • No HOA
  • 0.44 Acre Lot
  • Traditional Architecture
  • Oversized Parking

About This Home

As of May 2020

JUST REDUCED!!! Calling all investors! Prime Lot for sale! This hilltop rectangular lot is 18,973 square feet (2 Assessor Parcel Numbers included in this sale). Property has amazing views of the San Fernando Valley and the Chatsworth Reservoir! The property is adjacent to the New Construction home development 'Sterling at West Hills'. There is a home on the lot (tenant occupied), but the home is a major fixer.

Last Agent to Sell the Property

Karly Williams

Pinnacle Estate Properties License #01863033 Listed on: 02/08/2019

Pinnacle Estate Properties

Last Buyer's Agent

Karly Williams

Pinnacle Estate Properties License #01863033 Listed on: 02/08/2019

Pinnacle Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,944

Year Built

  • Built in 1929

Lot Details

  • 0.44 Acre Lot
  • Property fronts a private road
  • South Facing Home
  • Partially Fenced Property
  • Chain Link Fence
  • Needs Fence Repair
  • Rectangular Lot
  • No Sprinklers
  • Value in Land
  • Tear Down
  • Property is zoned LAA1

Property Views

  • Reservoir
  • Mountain
  • Valley

Home Design

  • Traditional Architecture
  • Major Repairs Completed
  • Fixer Upper
  • Raised Foundation

Interior Spaces

  • 1,320 Sq Ft Home
  • Living Room
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • Oversized Parking
  • Parking Available
  • Unpaved Parking
  • RV Access or Parking

Outdoor Features

  • Patio

Schools

  • Justice Elementary School
  • Hale Middle School
  • El Camino High School

Utilities

  • Propane
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 7821
  • Assessor Parcel Number 2017025036

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,944

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: Additional APN 2017-025-035 Land (8,349 sq. ft.) included
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LAA1
  • Architectural Style: Traditional
  • Property Condition: Fixer, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2017025036
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1320.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 416.67
  • Room Type: Kitchen, Living Room
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Raised
  • View: Mountain(s), Reservoir, Valley
  • Fence: Yes
  • Fencing: Chain Link, Needs Repair, Partial
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unpaved, Oversized, RV Access/Parking, RV Potential

Utilities

  • Utilities: Electricity Available, Propane
  • Sprinklers: No
  • Laundry: No
  • Sewer: Septic Type Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • Elementary School: Justice
  • High School: El Camino
  • Middle Or Junior School: Hale
  • Elementary School #2: JUSTIC
  • High School2: ELCAM

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Rectangular Lot, Sprinklers None, Tear Down, Value In Land
  • Lot Size Sq Ft: 18973.00
  • Lot Size Acres: 0.4356

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18973.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1132.31
  • Tax Lot: 7
  • Tax Tract Number: 7821

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2019
Closed on
May 20, 2020
Sold by
Lannolo Vincent Salvatore and Lannolo Richard Sam
Bought by
Lannolo Vincent S and Lannolo Richard S
Seller's Agent
Karly Williams
Pinnacle Estate Properties
Buyer's Agent
Karly Williams
Pinnacle Estate Properties
List Price
$699,000
Sold Price
$550,000
Premium/Discount to List
-$149,000
-21.32%
Current Estimated Value
$877,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,251
Avg. Annual Appreciation
8.89%
Original Mortgage
$440,000
Outstanding Balance
$389,901
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$487,350

Purchase Details

Listed on
Feb 8, 2019
Closed on
May 13, 2020
Sold by
Iannolo Vincent S and Iannolo Richard S
Bought by
Horanyl Gabor Jon and Horanyl Laurie A
Seller's Agent
Karly Williams
Pinnacle Estate Properties
Buyer's Agent
Karly Williams
Pinnacle Estate Properties
List Price
$699,000
Sold Price
$550,000
Premium/Discount to List
-$149,000
-21.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$389,901
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$487,350

Purchase Details

Closed on
Mar 2, 2018
Sold by
Iannolo Vincent Salvatore and Iannolo Richard Sam
Bought by
Iannolo Vincent Salvatore and Innolo Richard Sam

Purchase Details

Closed on
Jan 30, 2008
Sold by
Iannolo Angie
Bought by
Iannolo Vincent Salvatore and Iannolo Richard Sam

Purchase Details

Closed on
Aug 29, 2006
Sold by
Iannolo Angie
Bought by
Iannolo Angelina and Iannolo Angie
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
Lannolo Vincent S -- Priority Title Company
Horanyl Gabor Jon $550,000 Priority Title Company
Iannolo Vincent Salvatore -- None Available
Iannolo Vincent Salvatore -- None Available
Iannolo Angelina -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horanyl Gabor Jon $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Sold $550,000 0.0% $417 / Sq Ft
03/24/2020 03/24/20 Pending -- -- --
10/30/2019 10/30/19 Off Market $550,000 -- --
02/08/2019 02/08/19 For Sale $699,000 -- $530 / 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 $4,944 $393,708 $213,259 $180,449
2024 $4,944 $385,989 $209,078 $176,911
2023 $4,852 $378,422 $204,979 $173,443
2022 $4,632 $371,003 $200,960 $170,043
2021 $4,572 $363,729 $197,020 $166,709
2020 $1,415 $93,355 $73,074 $20,281
2019 $1,369 $91,526 $71,642 $19,884
2018 $1,274 $89,733 $70,238 $19,495
2016 $1,205 $86,250 $67,511 $18,739
2015 $1,190 $84,955 $66,497 $18,458
2014 $1,206 $83,292 $65,195 $18,097
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19029099

California Regional Multiple Listing Service (CRMLS)

APN: 2017-025-036