NOT LISTED FOR SALE

5822 Melvin Ave Tarzana, CA 91356

Tarzana Area

Estimated Value: $3,235,170 - $3,986,000

0.5 Acre
$7,221,170 Price per Acre
21,780 Sq Ft Lot

Sale Details

Date Sold: October 30, 2019

Last sale price $820,000

Est. 340% increase in value since last sale

Current estimated payment $22,653 / mo

87 Days on Market

About This Lot

As of October 2019

Incredible opportunity to build your dream home on a 21,780 sqft lot in a sought after enclave of Tarzana.

With approved plans for a stunning modern architectural with 5 bedrooms, 6 bathrooms, and 7,120 sqft of living space, all that’s left to do is pick the finishes. The design includes a massive front courtyard, open concept floor plan, formal dining room, butler’s pantry, executive office, downstairs guest suite, theater, gourmet eat-in Chef’s kitchen, and a large family room with built-in bar, wine room, and pocket doors to the back patio. Upstairs, plans include three additional upstairs guest suites and a resort-style master suite include an atrium, private balcony, massive walk-in closet, and spa-like bath. The plans for the expansive Entertainer’s yard include a sprawling pool, two cabanas, grassy area, and sports court. Additional conveniences will include an attached 3 car garage and upstairs laundry. Don’t miss your chance to create the estate of your dreams!

Last Agent to Sell the Property

Adi Livyatan

Rodeo Realty License #01892750 Listed on: 07/29/2019

Rodeo Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 21,780 Sq Ft Lot
  • Property is zoned LARA

Additional Features

  • Property Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 160
  • Tax Tract Number 7884
  • Assessor Parcel Number 2153027019

Property Details

Property Type

Land

Lot Details

0.5 Acres

Listing Details

  • View: Yes
  • Zoning: LARA
  • Property Type: Land
  • Parcel Number: 2153027019
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 37.65

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 21780.00
  • Lot Size Acres: 0.5000
  • Latitude Manual: 34.17616600

Multi Family

  • Lot Size Area: 21780.0000 Square Feet

Tax Info

  • Tax Lot: 160
  • Tax Tract Number: 7884

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Oct 28, 2019
Sold by
Vaknin Nissim
Bought by
Seller's Agent
Adi Livyatan
Rodeo Realty
List Price
$899,000
Sold Price
$820,000
Premium/Discount to List
-$79,000
-8.79%
Current Estimated Value
$3,610,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,790,585
Avg. Annual Appreciation
24.12%

Purchase Details

Listed on
Jul 29, 2019
Closed on
Oct 15, 2019
Sold by
Cohen Eli and Cohen Carmit
Bought by
Vaknin Moran Dahan
Seller's Agent
Adi Livyatan
Rodeo Realty
List Price
$899,000
Sold Price
$820,000
Premium/Discount to List
-$79,000
-8.79%

Purchase Details

Closed on
Jun 28, 2018
Sold by
Friedman Marvin L
Bought by
Cohen Eli and Cohen Carmit

Purchase Details

Closed on
Apr 28, 2009
Sold by
Gmac Mortgage Llc
Bought by
Friedman Marvin L and Marvin L Friedman Trust

Purchase Details

Closed on
Mar 2, 2009
Sold by
Perez Yosef
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
May 24, 2007
Sold by
Perez Teresa
Bought by
Perez Yosef

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
6.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 25, 2007
Sold by
Hayutin Sheldon
Bought by
Perez Yossi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
1.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2005
Sold by
Menzies Marie J
Bought by
Menzies Marie J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Tarzana, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Stewart Title Company
Vaknin Moran Dahan $820,000 Stewart Title Company Of Ca
Cohen Eli $780,000 Stewart Title Wlv
Friedman Marvin L $407,000 First American Title Ins Co
Gmac Mortgage Llc $414,630 None Available
Perez Yosef -- First American Title Co
Perez Yossi $800,000 First American Title Co
Menzies Marie J -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,000,000
Closed Vaknin Moran Dahan $1,000,000
Previous Owner Perez Yosef $479,200
Previous Owner Perez Yosef $640,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/30/2019 10/30/19 Sold $820,000 -8.8% --
10/24/2019 10/24/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $899,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $32,774 $2,772,283 $914,723 $1,857,560
2025 $32,774 $2,717,926 $896,788 $1,821,138
2024 $32,147 $2,664,634 $879,204 $1,785,430
2023 $31,512 $2,612,387 $861,965 $1,750,422
2022 $30,026 $2,561,164 $845,064 $1,716,100
2021 $9,912 $828,495 $828,495 $0
2020 $10,014 $820,000 $820,000 $0
2019 $3,710 $469,839 $469,839 $0
2018 $5,721 $460,627 $460,627 $0
2016 $5,323 $442,742 $442,742 $0
2015 $5,244 $436,092 $436,092 $0
2014 $5,280 $427,550 $427,550 $0
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19179708

California Regional Multiple Listing Service (CRMLS)

APN: 2153-027-019

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