NOT LISTED FOR SALE

Estimated Value: $685,000 - $896,000

2 Beds
1 Bath
626 Sq Ft
$1,249/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $643,793 $1,028 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,940/month

5 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Foothills
  • Verdugo Hills Senior High School Rated A-
  • Laundry Room
  • 5-minute walk to McGroarty Park

About This Home

As of August 2020

ATTENTION ALL CONTRACTORS, BUILDERS AND OWNERS THAT WANT A GREAT OPPORTUNITY. 2 LOTS COMBINED TO ONE APN. LOT SIZE IN NOW APPROX 8200!! PRIME REAL ESTATE AVAILABLE THAT WILL COME WITH APPROVED PLANS TO MAKE MAIN HOUSE 1778.6 SQUARE FEET 3+2 AND 650 SQUARE FEET I BEDROOM ADU. THIS IS AN AMAZING OPPORTUNITY TO BUY AND FIX FOR YOURSELF OR TO BUILD AND RENT OUT AS INVESTMENT. THE POSSIBILITIES ARE ENDLESS. ELECTRICAL PANEL IS ALREADY UPGRADED TO 200 AMP!! CALL TODAY FOR PLANS AND VIRTUAL TOUR TO BE EMAILED TO YOU AND SEE WHAT YOUR NEW HOMES WILL LOOK LIKE.

Last Agent to Sell the Property

John Seward

Seward Real Estate & Financial, Inc. License #01851873 Listed on: 08/06/2020

Last Buyer's Agent

David Zakaryan

Pinnacle Estate Properties License #02023302

Pinnacle Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,416

Year Built

  • Built in 1924

Lot Details

  • 8,200 Sq Ft Lot
  • Land Lease
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Interior Spaces

  • 626 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Community Details

  • No Home Owners Association
  • Foothills
  • Valley

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 3815
  • Assessor Parcel Number 2558035022

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,416

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 8184825203
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2558035022
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 626.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1028.42
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Valley

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8200.00
  • Lot Size Acres: 0.1882

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8200.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1014.00
  • Tax Lot: 30
  • Tax Tract Number: 3815

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Aug 14, 2020
Sold by
Tovmansyan Andranik and Tovmansyan Anahit
Bought by
Tonapetyan Hovhannes
Seller's Agent
John Seward
Seward Real Estate & Financial, Inc.
Buyer's Agent
David Zakaryan
Pinnacle Estate Properties
List Price
$629,999
Sold Price
$643,793
Premium/Discount to List
$13,794
2.19%
Current Estimated Value
$774,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,387
Avg. Annual Appreciation
3.98%
Original Mortgage
$482,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2019
Sold by
Persion Michael E and Persion Patricia T
Bought by
Tovmasyan Andranik and Tovmasyan Anahit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Tonapetyan Hovhannes $644,000 Lawyers Title Company
Tonapetyan Hovhannes -- Lawyers Title Company
Tovmasyan Andranik $503,000 Clearmark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tonapetyan Hovhannes $832,500
Closed Tonapetyan Hovhannes $460,000
Closed Tonapetyan Hovhannes $460,000
Closed Tonapetyan Hovhannes $482,000
Previous Owner Tovmasyan Andranik $472,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $643,793 +2.2% $1,028 / Sq Ft
08/06/2020 08/06/20 For Sale $629,999 -- $1,006 / 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 $8,416 $905,474 $541,216 $364,258
2024 $8,416 $683,205 $530,604 $152,601
2023 $8,253 $669,809 $520,200 $149,609
2022 $7,868 $656,676 $510,000 $146,676
2021 $7,701 $643,800 $500,000 $143,800
2020 $4,706 $377,000 $252,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20158311

California Regional Multiple Listing Service (CRMLS)

APN: 2558-035-023