NOT LISTED FOR SALE

5500 Melvin Ave Tarzana, CA 91356

Estimated Value: $1,791,000 - $2,824,000

4 Beds
3 Baths
3,585 Sq Ft
$693/Sq Ft Est. Value

About This Home

This home is located at 5500 Melvin Ave, Tarzana, CA 91356 and is currently estimated at $2,483,196, approximately $692 per square foot. 5500 Melvin Ave is a home located in Los Angeles County with nearby schools including Woodland Hills Academy, CHIME Institute's Schwarzenegger Community, and Calvert Charter for Enriched Studies.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2012
Sold by
Aslanian Janet
Bought by
The Janet & Adolf Aslanian Living Trust
Current Estimated Value
$2,458,139

Purchase Details

Closed on
Jun 23, 2005
Sold by
Aslanian Adolf V
Bought by
Aslanian Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2005
Sold by
Bakhtiari Ibrahim G
Bought by
Aslanian Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2003
Sold by
Sadeghi Zahra
Bought by
Bakhtiari Ibrahim G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.62%

Purchase Details

Closed on
Oct 22, 1999
Sold by
Bakhtiari Ibrahim G and Bakhtiari Ibrahiem G
Bought by
Bakhtiari Ibrahim G and Sadeghi Zahra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
7.82%

Purchase Details

Closed on
Oct 8, 1998
Sold by
Sadeghi Zahra
Bought by
Bakhtiari Ibrahiem G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.79%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 6, 1995
Sold by
Kassabian Mary S and Mary Kassabian Family Trust
Bought by
Bakhtiari Ibrahiem G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.51%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
The Janet & Adolf Aslanian Living Trust -- None Available
Aslanian Janet -- Gateway Title Company
Aslanian Janet -- Gateway Title Company
Bakhtiari Ibrahim G -- Ort
Bakhtiari Ibrahim G -- Investors Title Company
Bakhtiari Ibrahiem G -- Fidelity Title
Bakhtiari Ibrahiem G $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aslanian Janet $360,000
Closed Aslanian Janet $329,842
Closed Aslanian Janet $417,000
Closed Aslanian Janet $625,000
Closed Aslanian Janet $625,000
Previous Owner Bakhtiari Ibrahim G $250,000
Previous Owner Bakhtiari Ibrahim G $560,000
Previous Owner Bakhtiari Ibrahim G $50,000
Previous Owner Bakhtiari Ibrahim G $100,000
Previous Owner Bakhtiari Ibrahim G $351,000
Previous Owner Bakhtiari Ibrahiem G $100,000
Previous Owner Bakhtiari Ibrahim G $20,000
Previous Owner Bakhtiari Ibrahiem G $248,000
Source: Public Records

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 $25,439 $2,084,031 $1,250,422 $833,609
2024 $25,439 $1,987,000 $1,194,800 $792,200
2023 $24,422 $1,987,000 $1,194,800 $792,200
2022 $18,750 $1,550,000 $932,000 $618,000
2021 $17,420 $1,435,000 $863,000 $572,000
2019 $17,602 $1,452,000 $873,000 $579,000
2018 $15,891 $1,300,000 $781,900 $518,100
2016 $13,443 $1,104,000 $664,000 $440,000
2015 $13,222 $1,041,000 $626,000 $415,000
2014 $11,425 $912,000 $548,000 $364,000
Source: Public Records

Map

California Los Angeles County Tarzana 91356

5500 Melvin Ave, Tarzana, CA

This home is located at 5500 Melvin Ave, Tarzana, CA 91356 and is currently estimated at $2,483,196, approximately $692 per square foot. 5500 Melvin Ave is a home located in Los Angeles County with nearby schools including Woodland Hills Academy, CHIME Institute's Schwarzenegger Community, and Calvert Charter for Enriched Studies.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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