NOT LISTED FOR SALE

3467 Camino de la Cumbre Sherman Oaks, CA 91423

Estimated Value: $333,161 - $2,803,000

0.23 Acre
$5,119,594 Price per Acre
9,986 Sq Ft Lot

Last Sold August 01, 2016

Last sale price $210,000

Est. 458% increase in value since last sale

Current estimated payment $6,468/month

19 Days on Market

Highlights

  • View of Trees or Woods
  • Roscomare Road Elementary Rated A
  • No HOA

About This Lot

As of August 2016

Sold before processing

Last Agent to Sell the Property

Matt Epstein

Kliq Realty License #01121162 Listed on: 07/01/2016

Last Buyer's Agent

Anush Arakelyan

Anush Arakelyan License #01357512

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,952

Lot Details

  • 9,986 Sq Ft Lot
  • Property is zoned LARE15

Property Views

  • Woods
  • Valley

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 2274021012

Property Details

Property Type

Land

Est. Annual Taxes

$2,952

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: LARE15
  • Property Type: Land
  • Parcel Number: 2274021012
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 21.03

Exterior Features

  • View: Trees/Woods, Valley

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Valley

Lot Info

  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9986.00
  • Price Per Lot Square Foot: 21.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2022
Sold by
Sherman Lee
Bought by
Lee Sherman
Total Days on Market
19
Current Estimated Value
$1,172,387

Purchase Details

Closed on
Jul 5, 2017
Sold by
Akmakji Krikor
Bought by
Akmakji Krikor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 1, 2016
Closed on
Jul 12, 2016
Sold by
Motamed Bruce
Bought by
Akmakji Kirkor
Seller's Agent
Matt Epstein
Kliq Realty
Buyer's Agent
Anush Arakelyan
Anush Arakelyan
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.77%

Purchase Details

Closed on
Sep 18, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Bruce & Germaine Motamed Trust

Purchase Details

Closed on
Apr 7, 2009
Sold by
Asatryan Karen
Bought by
Indymac Federal Bank Fsb

Purchase Details

Closed on
Aug 10, 2005
Sold by
Smbatian Mary
Bought by
Asatryan Karen Karl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,150
Interest Rate
6.25%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 24, 2005
Sold by
Chalikian Zaven and Chalikian Alis
Bought by
Asatryan Karen Karl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,150
Interest Rate
6.25%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 21, 2004
Sold by
Ghassemlou Massoumeh
Bought by
Chalikian Zaven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
7.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 28, 2004
Sold by
Transworld Bank
Bought by
Ghassemlou Massoumeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Lee Sherman -- --
Akmakji Krikor -- Provident Title Company
Akmakji Kirkor $210,000 California Title Company
Motamed Bruce -- California Title Company
Bruce & Germaine Motamed Trust $99,000 Chicago Title Company
Deutsche Bank National Trust Company -- Chicago Title Company
Indymac Federal Bank Fsb $156,050 None Available
Asatryan Karen Karl -- First American Title Company
Asatryan Karen Karl $299,000 First American Title Company
Chalikian Zaven $235,000 California Title Company
Ghassemlou Massoumeh $145,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Akmakji Krikor $1,500,000
Previous Owner Asatryan Karen Karl $254,150
Previous Owner Chalikian Zaven $176,250
Previous Owner Ghassemlou Massoumeh $101,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2016 08/01/16 Sold $210,000 -6.7% --
07/20/2016 07/20/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $225,000 -- --
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 $2,952 $238,942 $238,942 --
2023 $2,895 $234,257 $234,257 $0
2022 $2,758 $229,664 $229,664 $0
2021 $2,727 $225,161 $225,161 $0
2019 $2,645 $218,484 $218,484 $0
2018 $2,606 $214,200 $214,200 $0
2016 $1,327 $107,947 $107,947 $0
2015 $1,307 $106,326 $106,326 $0
2014 $1,314 $104,244 $104,244 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16169272

California Regional Multiple Listing Service (CRMLS)

APN: 2274-021-012