NOT LISTED FOR SALE

5726 Melvin Ave Tarzana, CA 91356

Estimated Value: $2,462,000 - $3,126,000

6 Beds
6 Baths
5,538 Sq Ft
$488/Sq Ft Est. Value

About This Home

This home is located at 5726 Melvin Ave, Tarzana, CA 91356 and is currently estimated at $2,702,799, approximately $488 per square foot. 5726 Melvin Ave is a home located in Los Angeles County with nearby schools including Woodland Hills Academy, Calvert Charter for Enriched Studies, and CHIME Institute's Schwarzenegger Community.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2021
Sold by
Joolhar Fowrooz S and Joolhar Family Trust
Bought by
Joolhar Fowrooz S and Fowrooz S Joolhar Trust
Current Estimated Value
$2,702,799

Purchase Details

Closed on
Aug 4, 2017
Sold by
Joolhar Ali
Bought by
Joolhar Ali and Joolhar Fowrooz S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2005
Sold by
Joolhar Ali
Bought by
Joolhar Ali and Joolhar Fowrooz S

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
5.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 3, 1998
Sold by
Burke Barbara
Bought by
Joolhar Ali and Joolhar Fowrooz Sadat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Joolhar Fowrooz S -- None Available
Joolhar Ali -- Wfg Title Company Of Ca
Joolhar Ali -- Wfg Title Company Of Ca
Joolhar Ali -- --
Joolhar Ali $300,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joolhar Ali $568,500
Previous Owner Joolhar Ali $500,000
Previous Owner Joolhar Ali $800,000
Previous Owner Joolhar Ali $245,000
Previous Owner Joolhar Ali $240,000
Previous Owner Joolhar Ali $480,000
Previous Owner Joolhar Ali $225,000
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 $12,283 $988,843 $383,209 $605,634
2024 $12,283 $969,455 $375,696 $593,759
2023 $12,052 $950,447 $368,330 $582,117
2022 $11,505 $931,811 $361,108 $570,703
2021 $11,338 $913,541 $354,028 $559,513
2020 $11,444 $904,174 $350,398 $553,776
2019 $11,004 $886,446 $343,528 $542,918
2018 $10,824 $869,066 $336,793 $532,273
2016 $10,299 $835,321 $323,716 $511,605
2015 $10,151 $822,775 $318,854 $503,921
2014 $10,202 $806,659 $312,609 $494,050
Source: Public Records

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