NOT LISTED FOR SALE

5500 Corbin Ave Tarzana, CA 91356

Estimated Value: $2,430,000 - $2,727,000

4 Beds
2.5 Baths
4,310 Sq Ft
$601/Sq Ft Est. Value

Last Sold October 26, 2017

Last sale price $1,485,000 $345 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $15,378/month

13 Days on Market

Highlights

  • Guest House
  • Primary Bedroom Suite
  • View of Trees or Woods
  • In Ground Pool
  • Gated Parking
  • Updated Kitchen

About This Home

As of October 2017

This walled and gated Mini Estate South of the Blvd. offers PRIVACY GALORE, with 17,532 Square Feet of park-like grounds, where you can see nature from every window! This special Home is unique and very desirable, featuring the Main House with 3,210 Square Feet and a detached Guest House with 1,100 Square Feet, all offering incredible space and flow. This Beautiful Classic sprawling Ranch Home is situated on a large flat corner lot and is full of charm and warmth. The front and side yards are beautifully landscaped and include an array of Citrus, Peach and Plum trees with a wide circular driveway. The Main House has a very functional floor plan, featuring 4 Bedrooms and 2 1/2 Baths. The 4th Bedroom, with a closet, can be used as a Bedroom, Office or a bonus room. The Master Suite, is en suite with views of the backyard and pool. A formal Living Room with fireplace and French Doors that lead out to the backyard and a spacious Formal Dining Room. Extra large Family Room with a Wood burning fireplace and French Doors. Gourmet eat-in kitchen includes granite counter tops and top of the line SS appliances. Gorgeous entertainers backyard with sparking pool and water treatments. Detached 2 Bedroom and 2 Bathroom Guest House, with kitchen and large Living Room with Wood burning Fireplace and private patio and separate entrance. Guest House is currently Leased, Furnished @ $3,200 per month (utilities included) month-to-month.

Last Agent to Sell the Property

Denise Shaw

No Firm Affiliation License #01244606 Listed on: 08/03/2017

Last Buyer's Agent

Ken Zietz

Rodeo Realty License #01403714

Rodeo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,453

Year Built

  • Built in 1955

Lot Details

  • 0.4 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Stucco Fence
  • Fence is in good condition
  • Landscaped
  • Corner Lot
  • Sprinklers Throughout Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LARA

Property Views

  • Woods
  • Pool
  • Courtyard

Home Design

  • Turnkey
  • Slab Foundation
  • Interior Block Wall
  • Asphalt Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,310 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Track Lighting
  • Double Pane Windows
  • Drapes & Rods
  • Window Screens
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Center Hall
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Pots and Pans Drawers
  • Self-Closing Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Tile Bathroom Countertop
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Circular Driveway
  • Gated Parking
  • Paved Parking
  • Uncovered Parking

Outdoor Features

  • In Ground Pool
  • Brick Porch or Patio
  • Exterior Lighting

Additional Homes

  • Guest House
  • Fireplace in Guest House

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2164015007

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,453

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 310-850-1831
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • View: Yes
  • Zoning: LARA
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2164015007
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4310.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Block Walls, Ceiling Fan(s), Granite Counters, High Ceilings, Recessed Lighting, Track Lighting
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Family Room, Guest House, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 344.55
  • Room Type: All Bedrooms Down, Center Hall, Family Room, Formal Entry, Great Room, Laundry, Living Room, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows, Drapes, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Jetted Tub, Linen Closet/Storage, Separate Tub And Shower, Tile Counters
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Cabinet Doors

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Guest House
  • Exterior Features: Lighting, Satellite Dish
  • View: Courtyard, Pool, Trees/Woods
  • Fence: Yes
  • Fencing: Good Condition, Privacy, Stucco Wall, Wood
  • Patio And Porch Features: Brick, Patio Open, Stone
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Uncovered, Driveway, Circular Driveway, Paved, Gated

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Freezer, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Ice Maker, Range Hood, Refrigerator, Tankless Water Heater
  • Electric: 220 Volts
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Lot 10000-19999 Sqft, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size Sq Ft: 17527.00

Multi Family

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

Tax Info

  • Tax Census Tract: 1394.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2017
Sold by
Allen James Albert and Allen Denise Mari
Bought by
Brannon Chad and Brannon Carly
Current Estimated Value
$2,589,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,113,750
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2015
Sold by
Allen James and Shaw Allen Denise
Bought by
The James Albert Allen & Denise Mari All

Purchase Details

Closed on
Mar 8, 2011
Sold by
Vance Gregg and Vance Kenny
Bought by
Allen James and Shaw Allen Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,500
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2008
Sold by
Vance Gregg
Bought by
Vance Gregg and Vance Kenny

Purchase Details

Closed on
Nov 16, 2003
Sold by
Ibarra Martha
Bought by
Vance Gregg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2003
Sold by
Pearlman Michael and Pearlman Edwin Revocable Famil
Bought by
Vance Gregg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2000
Sold by
Pearlman Edwin
Bought by
Pearlman Edwin and Pearlman Edwin Revocable Famil
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
Brannon Chad $1,485,000 Usa National Title Co Inc
The James Albert Allen & Denise Mari All -- None Available
Allen James $890,000 Advantage Title Inc
Vance Gregg -- None Available
Vance Gregg -- First American Title Co Los
Vance Gregg $750,000 Fatcola
Pearlman Edwin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brannon Chad $1,110,669
Previous Owner Brannon Chad $1,113,750
Previous Owner Allen James Albert $614,500
Previous Owner Allen James $667,500
Previous Owner Vance Gregg $600,000
Previous Owner Vance Gregg $350,000
Previous Owner Vance Gregg $435,000
Previous Owner Vance Gregg $85,000
Previous Owner Vance Gregg $333,700
Closed Vance Gregg $83,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2017 10/26/17 Sold $1,485,000 -6.9% $345 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $1,595,000 -- $370 / 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 $20,453 $1,689,670 $1,095,953 $593,717
2024 $20,453 $1,656,540 $1,074,464 $582,076
2023 $20,059 $1,624,060 $1,053,397 $570,663
2022 $19,129 $1,592,217 $1,032,743 $559,474
2021 $18,893 $1,560,998 $1,012,494 $548,504
2019 $18,330 $1,514,700 $982,464 $532,236
2018 $18,106 $1,485,000 $963,200 $521,800
2016 $11,689 $963,208 $639,398 $323,810
2015 $11,518 $948,741 $629,794 $318,947
2014 $11,560 $930,158 $617,458 $312,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17178422

California Regional Multiple Listing Service (CRMLS)

APN: 2164-015-007