NOT LISTED FOR SALE

5006 Otis Ave Tarzana, CA 91356

Estimated Value: $2,732,000 - $3,659,000

5 Beds
5 Baths
5,243 Sq Ft
$610/Sq Ft Est. Value

Last Sold February 04, 2015

Last sale price $1,540,000 $294 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $19,379/month

200 Days on Market

Highlights

  • Tennis Courts
  • In Ground Spa
  • Recreation Room
  • Gaspar De Portola Middle School Rated A-
  • 0.73 Acre Lot
  • Mediterranean Architecture

About This Home

As of February 2015

TARZANA SOUTH GATED ESTATE, WALKING DISTANCE TO VENTURA BLVD!!!! This one of the kind Gated Estate of 5243 square foot living area, nicely sited on about 32000 square foot land, with 5 bathrooms and 5 bathrooms, living, dinning, family room, recreation room. Features a circle drive way leads to grand entrance with open floor plan looking out to the back yard with complete lighted fenced Tennis court, swimming Pool and Spa, and lash green landscape. This Newly remodeled and addition property has amenities of luxurious master suite, crown molding, recessed lighting, smooth ceiling, wood flooring, dual pane windows viewing magnificent back yard. ONE OF THE BEST PROPERTIES IN TARZANA SOUTH CLOSE TO ALL AMENITIES OF VENTURA BLVD WITH PRIVTE TENNIS COURT, ONE OF THE KIND!!

Last Agent to Sell the Property

Alfred Tavari

Allstate Realty License #01290392 Listed on: 06/01/2014

Last Buyer's Agent

Alfred Tavari

Allstate Realty License #01290392 Listed on: 06/01/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,463

Year Built

  • Built in 1970

Lot Details

  • 0.73

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 5,243 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Recreation Room
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Pool

  • In Ground Spa
  • Private Pool

Additional Features

  • Tennis Courts
  • 0.73 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 106
  • Tax Tract Number 5475
  • Assessor Parcel Number 2184002006

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,463

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2184002006
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5243.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 293.72
  • Room Type: Family Room, Living Room, Master Bedroom, Recreation
  • Spa Features: In Ground

Exterior Features

  • Other Structures: Tennis Court Private
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 31718.00
  • Lot Size Acres: 0.7280

Multi Family

  • Lease Considered: No
  • Lot Size Area: 31718.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 106
  • Tax Tract Number: 5475

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2024
Sold by
Gupta Vijay
Bought by
Gupta Honey
Current Estimated Value
$3,197,943

Purchase Details

Listed on
Jun 1, 2014
Closed on
Jan 29, 2015
Sold by
Chase Jewelry Inc
Bought by
Gupta Vijay and Gupta Honey
Seller's Agent
Alfred Tavari
Allstate Realty
Buyer's Agent
Alfred Tavari
Allstate Realty
List Price
$1,699,000
Sold Price
$1,540,000
Premium/Discount to List
-$159,000
-9.36%

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
$1,232,000
Interest Rate
1.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 14, 2011
Sold by
Golfeiz Sara
Bought by
Yadidi David

Purchase Details

Closed on
Dec 3, 2004
Sold by
Azaran Neda
Bought by
Shirazi Payam

Home Financials for this Owner

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

Purchase Details

Closed on
Nov 12, 2004
Sold by
Fredrickson Dennis and Fredrickson Donald C
Bought by
Shirazi Payam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gupta Honey -- None Listed On Document
Gupta Honey -- None Listed On Document
Gupta Vijay $1,540,000 First American Title
Yadidi David -- None Available
Yadidi David $850,000 None Available
Shirazi Payam -- Fidelity National Title Co
Shirazi Payam $1,400,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gupta Vijay $1,232,000
Previous Owner Shirazi Pedram $177,000
Previous Owner Chase Jewelry Inc $840,000
Previous Owner Chase Jewelry Inc $525,000
Previous Owner Shirazi Payam $1,920,000
Previous Owner Shirazi Payam $650,000
Previous Owner Shirazi Payam $1,000,000
Previous Owner Peterson Donald C $457,000
Previous Owner Petersen Donald C $417,450
Closed Shirazi Payam $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2015 02/04/15 Sold $1,540,000 -9.4% $294 / Sq Ft
12/18/2014 12/18/14 Pending -- -- --
06/01/2014 06/01/14 For Sale $1,699,000 -- $324 / 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 $23,463 $2,522,356 $1,225,882 $1,296,474
2024 $23,463 $1,898,839 $1,201,846 $696,993
2023 $23,011 $1,861,608 $1,178,281 $683,327
2022 $21,966 $1,825,107 $1,155,178 $669,929
2021 $21,682 $1,789,322 $1,132,528 $656,794
2020 $22,835 $1,848,976 $1,120,916 $728,060
2019 $21,035 $1,736,252 $1,098,938 $637,314
2018 $19,927 $1,626,647 $1,077,707 $548,940
2016 $19,009 $1,563,484 $1,035,859 $527,625
2015 $11,533 $924,914 $522,551 $402,363
2014 $11,534 $906,797 $512,315 $394,482
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14113422

California Regional Multiple Listing Service (CRMLS)

APN: 2184-002-006