NOT LISTED FOR SALE

5211 Veloz Ave Tarzana, CA 91356

Estimated Value: $1,654,000 - $5,792,000

3 Beds
2 Baths
2,050 Sq Ft
$1,875/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $1,350,000 $659 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $24,548/month

53 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Laundry Room
  • Gaspar De Portola Middle School Rated A-
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of September 2018

ATTENTION BUILDERS/INVESTORS: Sitting on 17000+ lot with incredible DEVELOPMENT OPPORTUNITY. Situated SOUTH OF THE BLVD, Single story home in a great neighborhood. Plans RTI for approximately 6000 sqft home. NEXT DOOR NEW CONSTRUCTION IS IN ESCROW, and another home was just torn down on the same street. Current home is 3 Bedrooms, 2 baths. This home is a great opportunity to expand and bring your own personal touch or BUILD A NEW DREAM HOME.

Last Agent to Sell the Property

Tal Nehemia

Beverly and Company, Inc. License #01932260 Listed on: 04/16/2018

Beverly and Company, Inc.

Last Buyer's Agent

Udi Aichel

Keller Williams Realty Calabasas License #02002316

Keller Williams Realty Calabasas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,239

Year Built

  • Built in 1952

Lot Details

  • 0.39 Acre Lot
  • Back and Front Yard
  • Property is zoned LARA

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,050 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 16847
  • Assessor Parcel Number 2161025004

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,239

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Number: 8183701105
  • Property Attached: No
  • View: No
  • Zoning: LARA
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2161025004
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2050.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 658.54
  • Room Type: All Bedrooms Down, Laundry

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 17127.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1394.02
  • Tax Lot: 2
  • Tax Tract Number: 16847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2021
Sold by
Aichel and Udi
Bought by
Aichel Family Trust
Current Estimated Value
$3,844,076

Purchase Details

Closed on
Jun 13, 2018
Sold by
5211 Veloz Llc
Bought by
Aichel Shahar and Aichel Udi

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
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 16, 2017
Closed on
Mar 21, 2017
Sold by
Urfrig Gregory R and Urfrig Heather
Bought by
5211 Veloz Llc
Seller's Agent
Michael Stone
Coldwell Banker Realty
Buyer's Agent
Michael Stone
Coldwell Banker Realty
List Price
$1,185,000
Sold Price
$1,250,000
Premium/Discount to List
$65,000
5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.97%

Purchase Details

Closed on
Jan 15, 2014
Sold by
Aptaker Laurie and The Heather Aptaker Irrevocabl
Bought by
The Urfrig Family Trust

Purchase Details

Closed on
Aug 13, 2012
Sold by
Urfrig Gregory and Urfrig Heather
Bought by
Aptaker Laurie and The Heather Aptaker Irrevocabl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2011
Sold by
Urfrig Gregory and Urfrig Heather
Bought by
Aptaker Laurie and The Heather Aptaker Irrevocabl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2011
Sold by
Pro Value Properties Inc
Bought by
Urfrig Gregory and Urfrig Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2010
Sold by
Azoulay Ethan
Bought by
Pro Value Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,200
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2010
Sold by
Azoulay Ethan
Bought by
Brooks Stephen

Purchase Details

Closed on
Dec 4, 2007
Sold by
Azulai Sylvia
Bought by
Azoulay Ethan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 15, 2007
Sold by
Brooks Stephen and Cutler Millicent Pan
Bought by
Azoulay Ethan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,000
Interest Rate
6.05%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 11, 2000
Sold by
Brooks Tita and Wile Tita Brooks
Bought by
Brooks Tita and Tita Brooks Trust
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
Aichel Family Trust -- Hafuta Law Pc
Aichel Shahar $1,350,000 Pacific Coast Title Company
5211 Veloz Llc $1,250,000 Equity Title
The Urfrig Family Trust -- None Available
Aptaker Laurie -- Accommodation
Urfrig Gregory -- Lawyers Title
Aptaker Laurie -- Accommodation
Urfrig Gregory $760,000 Fidelity National Title Co
Pro Value Properties Inc $546,500 None Available
Brooks Stephen $51,000 Lawyers Title
Azoulay Ethan -- Southland Title Company
Azoulay Ethan $990,000 Southland Title Company
Brooks Tita -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aichel Shahar $2,500,000
Previous Owner Aichel Shahar $2,000,000
Previous Owner Aichel Shahar $1,000,000
Previous Owner Urfrig Gregory $600,000
Previous Owner Urfrig Gregory $608,000
Previous Owner Pro Value Properties Inc $437,200
Previous Owner Azoulay Ethan $70,000
Previous Owner Azoulay Ethan $792,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $1,350,000 -3.2% $659 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $1,395,000 +11.6% $680 / Sq Ft
03/30/2017 03/30/17 Sold $1,250,000 +5.5% $610 / Sq Ft
02/26/2017 02/26/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $1,185,000 -- $578 / 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 $43,239 $3,610,380 $1,505,948 $2,104,432
2024 $43,239 $3,539,589 $1,476,420 $2,063,169
2023 $42,396 $3,470,186 $1,447,471 $2,022,715
2022 $40,432 $3,402,144 $1,419,090 $1,983,054
2021 $16,600 $1,391,265 $1,391,265 $0
2019 $16,376 $1,350,000 $1,075,000 $275,000
2018 $15,651 $1,275,000 $1,020,000 $255,000
2017 $10,161 $822,515 $615,156 $207,359
2016 $9,913 $806,389 $603,095 $203,294
2015 $9,770 $794,277 $594,036 $200,241
2014 $9,809 $778,719 $582,400 $196,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18085881

California Regional Multiple Listing Service (CRMLS)

APN: 2161-025-004