NOT LISTED FOR SALE

8171 Mammoth Ave Panorama City, CA 91402

Estimated Value: $746,000 - $826,000

3 Beds
1 Bath
1,040 Sq Ft
$768/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $650,000 $625 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,056/month

26 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Solar owned by a third party
  • Laundry Room
  • 1-Story Property

About This Home

As of October 2021

Beautiful house in the heart of Panorama City featuring 3 beds and 1 bath with 1040 sqft of living space. It does need some TLC but has good potential and good bones. Don't miss out on this great home!

Last Agent to Sell the Property

Marina Sermanian

REMAX OPTIMA License #01341237 Listed on: 08/20/2021

REMAX OPTIMA

Last Buyer's Agent

Mushegh Andreasyan

Coldwell Banker Hallmark Realty License #02064158

Coldwell Banker Hallmark Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,439

Year Built

  • Built in 1950

Lot Details

  • 6,011 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Parking Available

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Gas Range
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Solar owned by a third party
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 84
  • Tax Tract Number 16679
  • Assessor Parcel Number 2213015009
  • $310 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,439

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 323-810-9922
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2213015009
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1040.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 625.00
  • Room Type: Kitchen

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Range
  • Electric: Photovoltaics Third-Party Owned
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: 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: 6011.00
  • Lot Size Acres: 0.1380

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6011.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1204.00
  • Tax Lot: 84
  • Tax Tract Number: 16679
  • TaxOtherAnnualAssessmentAmount: 310.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Oct 25, 2021
Sold by
Minasyan Hasmik
Bought by
Andreasyan Mushegh
Seller's Agent
Marina Sermanian
REMAX OPTIMA
Buyer's Agent
Mushegh Andreasyan
Coldwell Banker Hallmark Realty
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Current Estimated Value
$798,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,781
Avg. Annual Appreciation
5.53%
Original Mortgage
$520,000
Outstanding Balance
$476,245
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$322,536

Purchase Details

Listed on
Aug 20, 2021
Closed on
Sep 23, 2021
Sold by
Minasyan Hasmik
Bought by
Minasyan Hasmik
Seller's Agent
Marina Sermanian
REMAX OPTIMA
Buyer's Agent
Mushegh Andreasyan
Coldwell Banker Hallmark Realty
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$476,245
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$322,536

Purchase Details

Closed on
Oct 17, 2008
Sold by
Altunyan Artur
Bought by
Minasyan Hasmik

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
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2008
Sold by
Fv-1 Inc
Bought by
Minasyan Hasmik

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
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2007
Sold by
Rodriguez Gerald
Bought by
Fv-I Inc

Purchase Details

Closed on
Mar 22, 2006
Sold by
Agustin Maria Estella S
Bought by
Rodriguez Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2004
Sold by
Sommer Fredrick and Sommer Joan T
Bought by
Agustin Maria Estella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,400
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
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
Andreasyan Mushegh $650,000 Lawyers Title Company
Minasyan Hasmik -- Chicago Title Company
Minasyan Hasmik -- Lsi Title Agency Inc
Minasyan Hasmik $250,000 Lsi Title Agency Inc
Fv-I Inc $454,462 Accommodation
Rodriguez Gerald $525,000 Uitic Palmdale
Agustin Maria Estella $373,000 Ticor Title Company Of Calif
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andreasyan Mushegh $520,000
Closed Minasyan Hasmik $450,000
Previous Owner Minasyan Hasmik $292,500
Previous Owner Minasyan Hasmik $300,000
Previous Owner Minasyan Hasmik $225,000
Previous Owner Rodriguez Gerald $420,000
Previous Owner Agustin Maria Estella $298,400
Closed Agustin Maria Estella $74,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $650,000 -3.7% $625 / Sq Ft
08/20/2021 08/20/21 For Sale $675,000 -- $649 / 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 $8,439 $689,785 $551,828 $137,957
2024 $8,439 $676,260 $541,008 $135,252
2023 $8,278 $663,000 $530,400 $132,600
2022 $7,896 $650,000 $520,000 $130,000
2021 $3,808 $297,412 $192,129 $105,283
2019 $3,699 $288,592 $186,431 $102,161
2018 $3,585 $282,934 $182,776 $100,158
2016 $3,423 $271,950 $175,680 $96,270
2015 $3,375 $267,866 $173,042 $94,824
2014 $3,393 $262,620 $169,653 $92,967
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21184076

California Regional Multiple Listing Service (CRMLS)

APN: 2213-015-009