NOT LISTED FOR SALE

5727 Rhea Ave Tarzana, CA 91356

Estimated Value: $1,019,000 - $1,164,393

3 Beds
2 Baths
1,631 Sq Ft
$674/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $940,000 $576 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,017/month

8 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 2 Car Attached Garage
  • Gaspar De Portola Middle School Rated A-
  • Breakfast Area or Nook
  • Tile Countertops

About This Home

As of March 2022

Enter into this well maintained single story home in Tarzana. Formal living room with nook area for additional dining or office set up. Updated kitchen with tile counters, gas stove & breakfast bar opening to a large dining area which flows into the spacious family room highlighted with a gorgeous fireplace and slider to the well kept yard. Spacious bedrooms including the master are on one side of the home with access to a full bath. The second bathroom is located conveniently off the family room. The yard is spacious and lends itself to entertaining and fun with a large grassy area for play and relaxing. Further highlights are wood floors throughout the main areas and bedrooms, newer roof, windows and water heater all installed in 2021, double attached garage and large driveway. The flexible floorplan lends itself to an easy and relaxing lifestyle. Good access to transportation, shopping and restaurants make this a perfect location.

Last Agent to Sell the Property

Rita Erangey

Berkshire Hathaway HomeServices California Properties License #00911631 Listed on: 02/08/2022

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Richard Raddatz

Berkshire Hathaway HomeServices California Properties License #01243640

Last Buyer's Agent

Rita Erangey

Berkshire Hathaway HomeServices California Properties License #00911631 Listed on: 02/08/2022

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,024

Year Built

  • Built in 1950

Lot Details

  • 6,489 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,631 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Family or Dining Combination
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 153
  • Tax Tract Number 12489
  • Assessor Parcel Number 2156023008
  • $4,444 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,024

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2156023008
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1631.00 Square Feet
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, In Family Room
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 576.33
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6489.00
  • Lot Size Acres: 0.1490
  • Latitude Manual: 34.17531000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6489.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1393.01
  • Tax Lot: 153
  • Tax Tract Number: 12489
  • TaxOtherAnnualAssessmentAmount: 4444.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 29, 2022
Sold by
Yeghishian Martik A
Bought by
Kkaj Group Llc
Seller's Agent
Rita Erangey
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Rita Erangey
Berkshire Hathaway HomeServices California Properties
List Price
$929,900
Sold Price
$940,000
Premium/Discount to List
$10,100
1.09%
Current Estimated Value
$1,098,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,598
Avg. Annual Appreciation
4.68%
Original Mortgage
$658,000
Outstanding Balance
$615,883
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$482,715

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 15, 2022
Sold by
Tamar Yeghishian
Bought by
Yeghishian Martik A
Seller's Agent
Rita Erangey
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Rita Erangey
Berkshire Hathaway HomeServices California Properties
List Price
$929,900
Sold Price
$940,000
Premium/Discount to List
$10,100
1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$658,000
Outstanding Balance
$615,883
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$482,715

Purchase Details

Listed on
Feb 8, 2022
Closed on
Feb 23, 2022
Sold by
Marks and Erfan
Bought by
Yeghishian Martik A and Fallahi Artin
Seller's Agent
Rita Erangey
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Rita Erangey
Berkshire Hathaway HomeServices California Properties
List Price
$929,900
Sold Price
$940,000
Premium/Discount to List
$10,100
1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$658,000
Outstanding Balance
$615,883
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$482,715

Purchase Details

Closed on
Sep 19, 2006
Sold by
Montijo Michael X and Montijo Daria M
Bought by
Marks Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2003
Sold by
Myers Douglas George and Myers Family Trust
Bought by
Montijo Michael X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6%
Mortgage Type
Unknown
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
Kkaj Group Llc -- Accommodation/Courtesy Recordi
Yeghishian Martik A -- California Title Company
Fallahi Artin -- California Title Company
Yeghishian Martik A $940,000 California Title Company
Marks Lawrence $600,000 Provident Title Company
Montijo Michael X $400,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeghishian Martik A $658,000
Previous Owner Marks Lawrence $538,000
Previous Owner Marks Lawrence $525,000
Previous Owner Marks Lawrence $407,300
Previous Owner Marks Lawrence $50,000
Previous Owner Marks Lawrence $480,000
Previous Owner Montijo Michael X $60,000
Previous Owner Montijo Michael X $367,000
Previous Owner Montijo Michael X $40,000
Previous Owner Montijo Michael X $320,000
Closed Montijo Michael X $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $940,000 +1.1% $576 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $929,900 -- $570 / 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 $12,024 $997,533 $798,027 $199,506
2024 $12,024 $977,975 $782,380 $195,595
2023 $11,791 $958,800 $767,040 $191,760
2022 $8,502 $712,000 $570,000 $142,000
2021 $12,729 $712,000 $570,000 $142,000
2019 $8,548 $712,000 $570,000 $142,000
2018 $7,813 $645,000 $516,000 $129,000
2016 $6,804 $565,000 $452,000 $113,000
2015 $7,342 $610,000 $488,000 $122,000
2014 $6,831 $554,000 $443,000 $111,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22025332

California Regional Multiple Listing Service (CRMLS)

APN: 2156-023-008