NOT LISTED FOR SALE

7971 Ranchito Ave Panorama City, CA 91402

Estimated Value: $709,147 - $768,000

2 Beds
1 Bath
806 Sq Ft
$919/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $277,000 $344 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $4,294/month

8 Days on Market

Highlights

  • No HOA
  • Evaporated cooling system
  • Stone Porch or Patio
  • 1 Car Attached Garage
  • Breakfast Bar
  • Laundry Room

About This Home

As of April 2013

Starter home close to shopping, schools and freeway. Huge flat backyard with large patio. Great residential area.

Last Agent to Sell the Property

Santilia Frasca

Four Seasons Realty So.Cal. License #00445333 Listed on: 02/25/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6,194 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Fence is in fair condition
  • Level Lot
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • Parking Available

Home Design

  • Raised Foundation
  • Frame Construction
  • Common Roof

Interior Spaces

  • 806 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Carpet
  • Breakfast Bar
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Stone Porch or Patio
  • Rain Gutters

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 196
  • Tax Tract Number 16499
  • Assessor Parcel Number 2214009016

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

6,194 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: R1
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2214009016
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 806.00
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Levels: One
  • Price Per Square Foot: 343.67
  • Room Type: All Bedrooms Down
  • Window Features: Blinds

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Fair Condition
  • Patio And Porch Features: Stone
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6194.00
  • Lot Size Acres: 0.1420

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6194.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 196
  • Tax Tract Number: 16499

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2013
Closed on
Mar 5, 2013
Sold by
Planas Francisco J and Vilma L Planas Trust
Bought by
Grigoryan Arman
Seller's Agent
Santilia Frasca
Four Seasons Realty So.Cal.
List Price
$259,000
Sold Price
$277,000
Premium/Discount to List
$18,000
6.95%
Current Estimated Value
$740,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,787
Avg. Annual Appreciation
7.90%
Original Mortgage
$249,300
Outstanding Balance
$175,685
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$565,102

Purchase Details

Closed on
Apr 26, 2004
Sold by
Planas Vilma I
Bought by
The Vilma I Planas Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grigoryan Arman $277,000 North American Title Co
The Vilma I Planas Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grigoryan Arman $249,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2013 04/19/13 Sold $277,000 +6.9% $344 / Sq Ft
03/05/2013 03/05/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $259,000 -- $321 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,778 $383,580 $235,073 $148,507
2024 $4,778 $376,060 $230,464 $145,596
2023 $4,689 $368,688 $225,946 $142,742
2022 $4,474 $361,460 $221,516 $139,944
2021 $4,418 $354,373 $217,173 $137,200
2019 $4,289 $343,865 $210,733 $133,132
2018 $4,241 $337,123 $206,601 $130,522
2016 $4,052 $324,033 $198,579 $125,454
2015 $3,984 $283,815 $195,597 $88,218
2014 $3,582 $278,256 $191,766 $86,490
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Santilia Frasca

    Four Seasons Realty So.Cal.

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13015725

California Regional Multiple Listing Service (CRMLS)

APN: 2214-009-016

California Los Angeles County Panorama City 91402

7971 Ranchito Ave, Panorama City, CA

Not Listed for Sale

Detached

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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