Seller's Agent in 2023
Guy Azar
The Agency
(818) 339-4192
5 in this area
47 Total Sales
5356 Rhea Ave Tarzana, CA 91356
Estimated Value: $1,768,000 - $2,039,774
4
Beds
3
Baths
2,849
Sq Ft
$667/Sq Ft
Est. Value
Highlights
- Heated In Ground Pool
- Primary Bedroom Suite
- Updated Kitchen
- Gaspar De Portola Middle School Rated A-
- City Lights View
- Fireplace in Primary Bedroom
About This Home
As of April 2023A beautiful Spanish Contemporary Estate in the heart of Tarzana. This beautifully crafted home features 4 bedrooms, 3 bathrooms, and is comprised of over 2,800 square feet of living space. Charming curb appeal, this Spanish revival is more than meets the eye. Upon walking into the home, you are greeted with tons of natural light, new flooring throughout, a warm neutral palette, and a favorable open layout. The bright and spacious living room is finished with a fireplace, and opens out to the kitchen and dining room. The completely brand new kitchen showcases custom cabinetry and designer hardware, stainless steel KitchenAid appliances, and quartz countertops. The coffered ceilings and high end finishes truly make this kitchen a work of art. Just off the kitchen is a large dining area that comfortably seats eight, and family room with an entertainment center and fireplace. The spacious master suite showcases a fireplace and double French doors leading to a bonus room which is ideal for a nursery, home gym, or office. The luxurious master bathroom is reminiscent of a 5 star hotel, with custom cabinets, designer hardware, quartz countertops, large tub, oversized shower and marble finishes throughout. A huge master closet with custom shelving and tons of storage is ideal for housing your stylish clothes. The lush, private backyard features a large pool, oversized spa, grassy areas as well as hardscape, perfect for hosting under the California sun. The backyard also features a barbecue, outdoor dining area, gorgeous palm trees, and 50 mature ficus trees recently planted to offer the ultimate privacy. This home has been completely remodeled with new paint, recessed lighting, flooring, baseboards, crown molding, two brand new HVAC units, double paned windows, custom shades, new plumbing and piping, and an updated garage with epoxy flooring. Truly a unique offering and opportunity to own an essentially brand new home in the highly desirable Tarzana, with no detail spared!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,530
Year Built
- Built in 1950 | Remodeled
Lot Details
- 7,700 Sq Ft Lot
- Fenced
- Fence is in good condition
- Sprinkler System
- Lawn
- Garden
- Front Yard
- Property is zoned LAR1
Parking
- 2 Car Garage
- 10 Open Parking Spaces
- Parking Available
- Single Garage Door
- Driveway
Property Views
- City Lights
- Woods
- Mountain
- Hills
- Pool
- Neighborhood
- Rock
Home Design
- Traditional Architecture
- Spanish Architecture
- Turnkey
- Raised Foundation
- Fire Rated Drywall
- Tile Roof
- Stone Siding
- Pre-Cast Concrete Construction
- Copper Plumbing
- Plaster
- Stucco
Interior Spaces
- 2,849 Sq Ft Home
- 2-Story Property
- High Ceiling
- Recessed Lighting
- Double Pane Windows
- Awning
- Formal Entry
- Family Room with Fireplace
- Great Room
- Family Room Off Kitchen
- Living Room
- L-Shaped Dining Room
- Home Office
- Library
- Game Room
- Storage
- Laundry Room
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Gas Cooktop
- Microwave
- Freezer
- Dishwasher
- Quartz Countertops
- Pots and Pans Drawers
- Self-Closing Drawers and Cabinet Doors
- Disposal
Flooring
- Laminate
- Stone
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- Bathroom on Main Level
- 3 Full Bathrooms
- Quartz Bathroom Countertops
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Low Flow Toliet
- Bathtub with Shower
- Multiple Shower Heads
- Separate Shower
- Low Flow Shower
- Exhaust Fan In Bathroom
- Closet In Bathroom
Home Security
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Accessible Parking
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Stone Porch or Patio
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 16
- Assessor Parcel Number 2161009006
Community Details
Overview
- No Home Owners Association
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2023
Closed on
Feb 15, 2023
Sold by
Litvak Daniel and Litvak Alexis
Bought by
Srinivasan Navneeth Krishnan and Narang Shefali
Seller's Agent
Guy Azar
The Agency
List Price
$1,899,000
Sold Price
$1,730,000
Premium/Discount to List
-$169,000
-8.9%
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,444
Avg. Annual Appreciation
3.99%
Original Mortgage
$1,384,000
Interest Rate
6.32%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 1, 2016
Closed on
Dec 1, 2016
Sold by
Bongiorno Geina
Bought by
Litvak Daniel and Litvak Alexis
Seller's Agent
Elliot Rousso
Pinnacle Estate Properties, Inc.
Buyer's Agent
Marlene Bauer
Pinnacle Estate Properties, Inc.
List Price
$995,000
Sold Price
$967,500
Premium/Discount to List
-$27,500
-2.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$658,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 18, 2015
Sold by
Bongiorno Richard
Bought by
Bongiorno Geina
Purchase Details
Closed on
Apr 7, 2015
Sold by
Bongiorno Geina and G O Malley Family Revocable Li
Bought by
Bongiorno Geina and Bongiorno Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,800
Interest Rate
3.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 27, 2006
Sold by
Omalley Geina
Bought by
Omalley Geina and G Omalley Family Revocable Liv
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.37%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jan 4, 2002
Sold by
Omalley Geina
Bought by
Omalley Geina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,500
Interest Rate
7.01%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Jul 14, 2001
Sold by
Gragg George
Bought by
Omalley Geina
Purchase Details
Closed on
Sep 7, 2000
Sold by
Steiner Joseph J and Steiner Deborah A
Bought by
Omalley Geina and Gragg George
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
9.12%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Srinivasan Navneeth Krishnan | $1,730,000 | Orange Coast Title Company | |
| Litvak Daniel | $967,500 | Priority Title Company | |
| Bongiorno Geina | -- | None Available | |
| Bongiorno Geina | -- | American Coast Title Company | |
| Omalley Geina | -- | None Available | |
| Omalley Geina | -- | Fidelity National Title Co | |
| Omalley Geina | -- | -- | |
| Omalley Geina | $489,000 | Equity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Srinivasan Navneeth Krishnan | $1,384,000 | |
| Previous Owner | Litvak Daniel | $484,000 | |
| Previous Owner | Litvak Daniel | $604,000 | |
| Previous Owner | Litvak Daniel | $658,000 | |
| Previous Owner | Bongiorno Geina | $54,000 | |
| Previous Owner | Bongiorno Geina | $585,800 | |
| Previous Owner | Omalley Geina | $150,000 | |
| Previous Owner | Omalley Geina | $500,000 | |
| Previous Owner | Omalley Geina | $20,000 | |
| Previous Owner | Omalley Geina | $467,000 | |
| Previous Owner | Omalley Geina | $375,000 | |
| Previous Owner | Omalley Geina | $60,000 | |
| Previous Owner | Omalley Geina | $407,500 | |
| Previous Owner | Omalley Geina | $289,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/05/2023 04/05/23 | Sold | $1,730,000 | -3.8% | $607 / Sq Ft |
| 02/27/2023 02/27/23 | Price Changed | $1,799,000 | -5.3% | $631 / Sq Ft |
| 02/23/2023 02/23/23 | For Sale | $1,899,000 | +96.3% | $667 / Sq Ft |
| 01/13/2017 01/13/17 | Sold | $967,500 | -2.8% | $340 / Sq Ft |
| 12/06/2016 12/06/16 | Pending | -- | -- | -- |
| 09/01/2016 09/01/16 | For Sale | $995,000 | -- | $349 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $21,530 | $1,799,891 | $1,364,796 | $435,095 |
| 2024 | $21,530 | $1,764,600 | $1,338,036 | $426,564 |
| 2023 | $13,221 | $1,079,259 | $825,258 | $254,001 |
| 2022 | $12,604 | $1,058,098 | $809,077 | $249,021 |
| 2021 | $12,441 | $1,037,352 | $793,213 | $244,139 |
| 2019 | $12,065 | $1,006,586 | $769,687 | $236,899 |
| 2018 | $11,982 | $986,850 | $754,596 | $232,254 |
| 2016 | $7,551 | $622,432 | $338,456 | $283,976 |
| 2015 | $7,441 | $613,084 | $333,373 | $279,711 |
| 2014 | $7,468 | $601,075 | $326,843 | $274,232 |
Source: Public Records
Agents Affiliated with this Home
-
Guy Azar
-
Elliot Rousso
Seller's Agent in 2017
Elliot Rousso
Pinnacle Estate Properties, Inc.
(818) 915-9056
2 in this area
36 Total Sales
-
Marlene Bauer
Buyer's Agent in 2017
Marlene Bauer
Pinnacle Estate Properties, Inc.
(818) 416-7786
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR23031351
APN: 2161-009-006
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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