5047 Otis Ave Tarzana, CA 91356
Estimated Value: $2,965,433 - $3,584,000
5
Beds
4
Baths
5,163
Sq Ft
$654/Sq Ft
Est. Value
About This Home
This home is located at 5047 Otis Ave, Tarzana, CA 91356 and is currently estimated at $3,377,358, approximately $654 per square foot. 5047 Otis Ave is a home located in Los Angeles County with nearby schools including Gaspar De Portola Middle School, Nestle Avenue Charter, and Wilbur Charter For Enriched Academics.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 7, 2008
Sold by
Levine Richard A and Richard Levine Residence Trust
Bought by
Webster William A and Webster Gail P
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 26, 2002
Sold by
Banafsheha Hamid and Banafsheha Niloofar
Bought by
Levine Richard A and Richard Levine Residence Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Webster William A | $1,975,000 | California Title Company | |
| Levine Richard A | $1,240,000 | Investors Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Webster William A | $1,050,000 |
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 | $31,170 | $2,594,185 | $1,265,569 | $1,328,616 |
| 2024 | $31,170 | $2,543,319 | $1,240,754 | $1,302,565 |
| 2023 | $30,565 | $2,493,451 | $1,216,426 | $1,277,025 |
| 2022 | $28,337 | $2,374,000 | $1,158,000 | $1,216,000 |
| 2021 | $26,530 | $2,204,000 | $1,075,000 | $1,129,000 |
| 2019 | $24,694 | $2,050,000 | $1,000,300 | $1,049,700 |
| 2018 | $22,836 | $1,865,000 | $910,000 | $955,000 |
| 2016 | $21,350 | $1,755,000 | $856,100 | $898,900 |
| 2015 | $21,353 | $1,755,000 | $856,100 | $898,900 |
| 2014 | $18,852 | $1,510,000 | $736,600 | $773,400 |
Source: Public Records
Map
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