NOT LISTED FOR SALE

5501 Melvin Ave Tarzana, CA 91356

Estimated Value: $1,853,808 - $2,165,000

5 Beds
3 Baths
3,152 Sq Ft
$645/Sq Ft Est. Value

About This Home

This home is located at 5501 Melvin Ave, Tarzana, CA 91356 and is currently estimated at $2,031,702, approximately $644 per square foot. 5501 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
Jul 24, 2020
Sold by
Akhavan Janet and Akhavan Bahram
Bought by
Akhavan Bahram and Akhavan Janet
Current Estimated Value
$1,986,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,300
Outstanding Balance
$386,300
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,645,402

Purchase Details

Closed on
Mar 13, 2017
Sold by
Akhavan Janet and Akhavan Bahram
Bought by
Akhavan Bahram and Akhavan Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2013
Sold by
Akhavan Bahram and Akhavan Janet
Bought by
Akhavan Bahram and Akhavan Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2010
Sold by
Akhavan Bahram and Akhavan Janet
Bought by
Akhavan Bahram and Akhavan Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,173
Interest Rate
4.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2009
Sold by
Akhavan Bahman and Akhavan Janet
Bought by
Akhavan Bahman and Akhavan Janet

Purchase Details

Closed on
Sep 15, 2006
Sold by
Akhavan Bahram and Akhavan Janet
Bought by
Akhavan Bahram and Akhavan Janet

Purchase Details

Closed on
Dec 16, 2002
Sold by
Akahavan Baharam
Bought by
Akahavan Baharam and Akahavan Janet

Purchase Details

Closed on
Dec 11, 2002
Sold by
Marvizi Hamid Jacob
Bought by
Akahavan Baharam

Purchase Details

Closed on
Feb 14, 2002
Sold by
Marvizi Dalia
Bought by
Marvizi Hamid Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 5, 2002
Sold by
Akhavan Bahram
Bought by
Marvizi Hamid Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 12, 2001
Sold by
Akhavan Janet
Bought by
Akhavan Bahram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 27, 2001
Sold by
Akhavan Bahram
Bought by
Akhavan Janet

Purchase Details

Closed on
May 4, 1994
Sold by
Sadler Harry T and Sadler Rae
Bought by
Akhavan Bahram and Akhavan Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,400
Interest Rate
8.3%
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
Akhavan Bahram -- Unisource
Akhavan Janet -- Unisource
Akhavan Bahram -- Accommodation
Akhavan Janet -- Nations Title Company
Akhavan Bahram -- Fidelity Van Nuys
Akhavan Bahram -- None Available
Akhavan Bahman -- None Available
Akhavan Bahram -- None Available
Akahavan Baharam -- --
Akahavan Baharam -- --
Marvizi Hamid Jacob -- Fidelity National Title Co
Marvizi Hamid Jacob -- Fidelity National Title Co
Akhavan Bahram -- --
Akhavan Janet -- --
Akhavan Bahram $343,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akhavan Janet $435,300
Closed Akhavan Janet $500,000
Closed Akhavan Bahram $336,000
Closed Akhavan Janet $145,000
Closed Akhavan Bahram $151,173
Closed Akhavan Bahram $250,000
Closed Akahavan Baharam $167,241
Previous Owner Akhavin Bahram $200,000
Previous Owner Akhavan Bahram $274,400
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 $7,251 $582,971 $338,568 $244,403
2024 $7,251 $571,541 $331,930 $239,611
2023 $7,115 $560,335 $325,422 $234,913
2022 $6,792 $549,349 $319,042 $230,307
2021 $6,694 $538,579 $312,787 $225,792
2019 $6,497 $522,606 $303,510 $219,096
2018 $6,377 $512,359 $297,559 $214,800
2016 $6,067 $492,465 $286,005 $206,460
2015 $5,980 $485,068 $281,709 $203,359
2014 $6,007 $475,567 $276,191 $199,376
Source: Public Records

Map

California Los Angeles County Tarzana 91356

5501 Melvin Ave, Tarzana, CA

This home is located at 5501 Melvin Ave, Tarzana, CA 91356 and is currently estimated at $2,031,702, approximately $644 per square foot. 5501 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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