NOT LISTED FOR SALE

4712 Monarca Dr Tarzana, CA 91356

Estimated Value: $2,588,140 - $3,215,000

6 Beds
4 Baths
4,648 Sq Ft
$612/Sq Ft Est. Value

Last Sold May 01, 2013

Last sale price $1,200,000 $258 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $16,661/month

Highlights

  • Primary Bedroom Suite
  • Panoramic View
  • Deck
  • Gaspar De Portola Middle School Rated A-
  • Fireplace in Primary Bedroom
  • Mediterranean Architecture

About This Home

As of May 2013

Tarzana hills loc w/ breathtaking views!Very private gated property w/large water fountain in front yard.Room count differs than what is on county records.Currently is a 3 bdrm 2.5 bath home, as walls have been altered(Buyer to verify all info, permits, sq/ft,additions SOLD in AS-IS cond.)Updated interior w/travertine floors, new carpet,new paint, crown molding and recessed lights.Formal living room w/fireplace, separate family room w/ large wet bar,separate dining room,large kitchen with granite counters and eating area.Master bedroom retreat w/private balcony w/valley views,fireplace,office/gym area &walk in closet.Master bath w/fireplace, travertine floors &separate shower & tub!Low maintenance rear yard with massive deck and views galore!*Per Owner Of Records request all showings by Appointment ONLY!*Please refer to agents remarks for property specific instructions.No offers will be considered for the first 7 calendar days a home is listed.Days 8-12:We will considered offers will be those ONLY from NSP buyers, municipalities,non-profit organizations & buyers who purchase a property as a primary residence.Days 13+All offers from all buyers will be considered.

Last Agent to Sell the Property

Richard Stern

No Firm Affiliation License #00959508 Listed on: 02/22/2013

Last Buyer's Agent

Fredrik Hovsepyan

Pinnacle Estate Properties, Inc. License #01898374

Pinnacle Estate Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,145

Year Built

  • Built in 1965

Lot Details

  • 0.42 Acre Lot
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills
  • Valley

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 4,648 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 4 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 106
  • Tax Tract Number 27885
  • Assessor Parcel Number 2178027020

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,145

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 818-970-3086
  • Other Phone Number: 818970-3086
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2178027020
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4648.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 6
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 258.18
  • Room Type: All Bedrooms Up, Family Room, Living Room, Master Suite, Separate Family Room

Exterior Features

  • Patio: Yes
  • View: City Lights, Hills, Mountain(s), Panoramic, Valley
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Lot Features: Irregular Lot, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 18378.00
  • Lot Size Acres: 0.4220

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18378.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 106
  • Tax Tract Number: 27885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2018
Sold by
Rastavan David
Bought by
Rastavan David and Skynick Family Trust
Current Estimated Value
$2,843,285

Purchase Details

Listed on
Feb 22, 2013
Closed on
Apr 22, 2013
Sold by
Wells Fargo Bank Na
Bought by
Rastavan David
Seller's Agent
Richard Stern
No Firm Affiliation
Buyer's Agent
Fredrik Hovsepyan
Pinnacle Estate Properties, Inc.
List Price
$1,089,900
Sold Price
$1,200,000
Premium/Discount to List
$110,100
10.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$1,700,000
Outstanding Balance
$1,210,358
Interest Rate
3.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,617,490

Purchase Details

Listed on
Feb 22, 2013
Closed on
Apr 18, 2013
Sold by
Chalshatari Shadab
Bought by
Rastavan David
Seller's Agent
Richard Stern
No Firm Affiliation
Buyer's Agent
Fredrik Hovsepyan
Pinnacle Estate Properties, Inc.
List Price
$1,089,900
Sold Price
$1,200,000
Premium/Discount to List
$110,100
10.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,210,358
Interest Rate
3.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,617,490

Purchase Details

Closed on
Nov 1, 2012
Sold by
Commonwealth Land Title Insurance Compan
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 11, 2012
Sold by
Musakhanyan Hrant
Bought by
Commonwealth Land Title Insurance Compan

Purchase Details

Closed on
Dec 14, 2009
Sold by
Wagner Nancy
Bought by
Wachovia Mortgage Fsb and World Savings Bank Fsb

Purchase Details

Closed on
Apr 16, 2008
Sold by
Musakhanyan Hrant
Bought by
Wagner Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Interest Rate
6.11%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 11, 2007
Sold by
Rni Investment & Development
Bought by
Musakhanyan Hrant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
6.11%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 18, 2003
Sold by
Meshkat Mahmoud Kyle
Bought by
Nosrati Ramtin Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2003
Sold by
Meshkat Mahmoud Kyle
Bought by
Meshkat Mahmoud Kyle and Meshkat Ava

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 18, 2002
Sold by
Meshkat Mahmoud
Bought by
Meshkat Mahmoud and Meshkat Ava

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,000
Interest Rate
5.37%

Purchase Details

Closed on
Sep 9, 2001
Sold by
Nourouzian Bahram
Bought by
Meshkat Mahmoud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
7.87%

Purchase Details

Closed on
May 14, 1998
Sold by
Fligsten Monte C
Bought by
Nourouzian Bahram and Nourouzian Shahla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.87%

Purchase Details

Closed on
Nov 2, 1996
Sold by
Fligsten Monte C
Bought by
Fligsten Monte C and Fligsten Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.87%
Source: Public Records

Range of Values:

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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
Rastavan David -- None Available
Rastavan David $1,200,000 Fidelity National Title
Rastavan David -- Fidelity National Title Co
Wells Fargo Bank Na -- Commonwealth Land Title Insu
Commonwealth Land Title Insurance Compan $2,643,623 Fidelity Natl Title Group
Wachovia Mortgage Fsb $1,150,306 Accommodation
Wagner Nancy $1,700,000 Commonwealth Land Title Co
Musakhanyan Hrant $2,250,000 Multiple
Rni Investment & Development -- Equity Title Company
Nosrati Ramtin Ray $730,000 Equity Title Company
Meshkat Mahmoud Kyle -- --
Meshkat Mahmoud Kyle -- --
Meshkat Mahmoud -- Fidelity National Title
Meshkat Mahmoud $530,000 Southland Title
Nourouzian Bahram $520,000 Progressive Title Company
Fligsten Monte C -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rastavan David $199,300
Open Rastavan David $940,000
Open Rastavan David $1,700,000
Previous Owner Wagner Nancy $1,020,000
Previous Owner Rni Investment & Development $367,500
Previous Owner Musakhanyan Hrant $1,837,500
Previous Owner Nosrati Ramtin $150,000
Previous Owner Nosrati Ramtin Ray $857,500
Previous Owner Nosrati Ramtin Ray $210,000
Previous Owner Nosrati Ramtin Ray $547,500
Previous Owner Meshkat Mahmoud $100,000
Previous Owner Meshkat Mahmoud $640,000
Previous Owner Meshkat Mahmoud $511,000
Previous Owner Meshkat Mahmoud $23,000
Previous Owner Meshkat Mahmoud $462,000
Previous Owner Meshkat Mahmoud $475,000
Previous Owner Nourouzian Bahram $416,000
Previous Owner Fligsten Monte C $360,000
Closed Nosrati Ramtin Ray $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2013 05/01/13 Sold $1,200,000 +10.1% $258 / Sq Ft
03/08/2013 03/08/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $1,089,900 -- $234 / 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 $18,145 $1,477,703 $775,178 $702,525
2024 $18,145 $1,448,729 $759,979 $688,750
2023 $17,800 $1,420,324 $745,078 $675,246
2022 $17,007 $1,392,475 $730,469 $662,006
2021 $16,785 $1,365,173 $716,147 $649,026
2019 $16,290 $1,324,683 $694,906 $629,777
2018 $16,059 $1,298,710 $681,281 $617,429
2017 $15,712 $1,273,246 $667,923 $605,323
2016 $15,315 $1,248,281 $654,827 $593,454
2015 $15,093 $1,229,531 $644,991 $584,540
2014 $15,143 $1,205,447 $632,357 $573,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13029391

California Regional Multiple Listing Service (CRMLS)

APN: 2178-027-020