$715,000
SOLD OCT 31, 2016

5319 Veloz Ave Tarzana, CA 91356

5 Beds
2 Baths
1,706 Sq Ft
7,076 Sq Ft Lot

Recently Sold

$419 Per Sq Ft

1% Below List Price

20 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Central Heating and Cooling System
  • Gaspar De Portola Middle School Rated A-
  • Covered Patio or Porch
  • 5-minute walk to Mecca Avenue Park

About This Home

As of October 2016

Location Location Location !!!
Move quick on this "South of the Blvd." property in Tarzana Safari Walk area. This house is waiting for you to make it your own. Bring your contractor to see your remodel options and and get into this sought after area. Home is over 1700 sq. ft. with long driveway leading to detached garage. This property will be sold as-is and owner will not make/pay for any repairs.
First time on market in decades. Submit your offer ASAP it will not last long.
Shown by appointment only.
Do not disturb tenant !

Last Agent to Sell the Property

Terence McCorry

Collin St. Johns Real Estate, Inc. License #01717291 Listed on: 08/08/2016

Last Buyer's Agent

Darius Majlessi

Sotheby's International Realty License #01294550

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,026

Year Built

  • Built in 1950

Lot Details

  • 7,076 Sq Ft Lot
  • Irregular Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Plaster
  • Stucco

Interior Spaces

  • 1,706 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 16
  • Assessor Parcel Number 2161010012

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,026

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2161010012
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1706.00
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 419.11
  • Room Type: Living Room

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, On Site
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Unknown
  • 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

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Lot Size Sq Ft: 7076.00
  • Price Per Lot Square Foot: 102.46

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 34
  • Tax Tract Number: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2016
Closed on
Nov 1, 2016
Sold by
Poursalimi Kombiz
Bought by
Ghatan Bita
Seller's Agent
Terence McCorry
Collin St. Johns Real Estate, Inc.
Buyer's Agent
Darius Majlessi
Sotheby's International Realty
List Price
$725,000
Sold Price
$715,000
Premium/Discount to List
-$10,000
-1.38%
Current Estimated Value
$1,352,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$637,309
Avg. Annual Appreciation
7.24%
Original Mortgage
$500,500
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 8, 2016
Closed on
Sep 6, 2016
Sold by
Mcandrew Edward F
Bought by
Ghatan Bita
Seller's Agent
Terence McCorry
Collin St. Johns Real Estate, Inc.
Buyer's Agent
Darius Majlessi
Sotheby's International Realty
List Price
$725,000
Sold Price
$715,000
Premium/Discount to List
-$10,000
-1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,500
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 15, 2008
Sold by
Mcandrew Edward F and Mcandrew Malvina T
Bought by
Mcandrew Edward F and Mcandrew Malvina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 7, 2007
Sold by
Mcandrew Edward F and Mcandrew Malvina T
Bought by
Mcandrew Edward F and Mcandrew Malvina T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 1994
Sold by
Mcandrew Edward F and Mcandrew Loretta M
Bought by
Mcandrew Edward F and Mcandrew Loretta M
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Title 365
Grant Deed $715,000 Title 365
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Alliance Title Company
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,500 Adjustable Rate Mortgage/ARM
Previous Owner $250,000 Credit Line Revolving
Previous Owner $280,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2018 01/28/18 Rented $3,550 0.0% --
01/16/2018 01/16/18 Price Changed $3,550 -5.3% $2 / Sq Ft
11/21/2017 11/21/17 Price Changed $3,750 -6.1% $2 / Sq Ft
10/20/2017 10/20/17 For Rent $3,995 0.0% --
10/31/2016 10/31/16 Sold $715,000 -1.4% $419 / Sq Ft
08/28/2016 08/28/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $725,000 -- $425 / 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 $10,026 $829,812 $663,851 $165,961
2024 $10,026 $813,542 $650,835 $162,707
2023 $9,832 $797,591 $638,074 $159,517
2022 $9,374 $781,953 $625,563 $156,390
2021 $9,257 $766,622 $613,298 $153,324
2019 $8,979 $743,885 $595,108 $148,777
2018 $8,912 $729,300 $583,440 $145,860
2016 $2,140 $173,132 $100,564 $72,568
2015 $2,110 $170,532 $99,054 $71,478
2014 $2,124 $167,192 $97,114 $70,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16173606

California Regional Multiple Listing Service (CRMLS)

APN: 2161-010-012