NOT LISTED FOR SALE

8407 Colbath Ave Panorama City, CA 91402

Estimated Value: $854,000 - $900,740

4 Beds
2 Baths
1,656 Sq Ft
$526/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $777,500 $470 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,555/month

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • No HOA
  • Tile Countertops
  • Craftsman Architecture
  • Concrete Porch or Patio
  • Living Room

About This Home

As of August 2023

Location Location Location!! Right in the heart of the San Fernando Valley, this beautiful home offers a Central location ideal for commuting. The Home sits on a quiet street and features a long driveway for multiple cars. At 4 bedrooms and 2 full baths, it is an ideal single family home which boasts a large living room and a spacious primary suite, new windows and doors throughout along with central heating and air. The beautiful backyard has avocado and citrus trees with more than enough room to add a pool.

Last Agent to Sell the Property

Jason Jannopoulos

Equity Union License #02201214 Listed on: 07/18/2023

Equity Union

Last Buyer's Agent

Nasira Khan

P&S Realty License #01458746

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,687

Year Built

  • Built in 1949

Lot Details

  • 6,181 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Home Design

  • Craftsman Architecture

Interior Spaces

  • 1,656 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Formal Entry
  • Living Room
  • Family or Dining Combination
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Parking

  • Attached Carport
  • Parking Available
  • Paved Parking

Outdoor Features

  • Concrete Porch or Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 77
  • Tax Tract Number 15478
  • Assessor Parcel Number 2638034026
  • $353 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,687

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Architectural Style: Craftsman
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2638034026
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1656.00 Square Feet
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: In Family Room
  • Entry Level: 1
  • Fireplace Features: Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 469.50
  • Room Type: All Bedrooms Down, Family Room, Formal Entry, Kitchen, Living Room, Master Bathroom, Master Suite
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Attached Carport, Concrete

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, 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: 6181.00
  • Lot Size Acres: 0.1419

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6181.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1199.00
  • Tax Lot: 77
  • Tax Tract Number: 15478
  • TaxOtherAnnualAssessmentAmount: 353.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Aug 21, 2023
Sold by
Motin Mahiya Akthar
Bought by
Motin Abdul
Seller's Agent
Jason Jannopoulos
Equity Union
Buyer's Agent
Nasira Khan
P&S Realty
List Price
$750,000
Sold Price
$777,500
Premium/Discount to List
$27,500
3.67%
Views
44
Current Estimated Value
$871,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,935
Avg. Annual Appreciation
5.45%
Original Mortgage
$622,000
Outstanding Balance
$608,808
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$255,710

Purchase Details

Listed on
Jul 18, 2023
Closed on
Jul 26, 2023
Sold by
Bernard Shane Trust
Bought by
Motin Abdul
Seller's Agent
Jason Jannopoulos
Equity Union
Buyer's Agent
Nasira Khan
P&S Realty
List Price
$750,000
Sold Price
$777,500
Premium/Discount to List
$27,500
3.67%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,000
Outstanding Balance
$608,808
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$255,710

Purchase Details

Closed on
May 13, 2020
Sold by
Shane Bernard
Bought by
Shane Bernard and The Bernard Shane Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2011
Sold by
Shane Bernard
Bought by
Shane Bernard and Bernard Shane Trust

Purchase Details

Closed on
Nov 7, 2010
Sold by
Shane Charlotte R
Bought by
Shane Bernard

Purchase Details

Closed on
Sep 23, 1999
Sold by
Shane Bernard
Bought by
Shane Charlotte R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.97%

Purchase Details

Closed on
Jul 24, 1997
Sold by
Shane Bernard
Bought by
Shane Charlotte R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
9.5%
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
Motin Abdul -- Fidelity National Title
Motin Abdul $777,500 Fidelity National Title
Shane Bernard -- Usa National Title Co Inc
Shane Bernard -- Usa National Title Co Inc
Shane Bernard -- None Available
Shane Bernard -- None Available
Shane Charlotte R -- Benefit Land Title Company
Shane Charlotte R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Motin Abdul $622,000
Previous Owner Shane Bernard $148,000
Previous Owner Shane Bernard $70,000
Previous Owner Shane Charlotte R $125,000
Previous Owner Shane Charlotte R $96,000
Previous Owner Shane Charlotte R $94,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $777,500 +3.7% $470 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $750,000 -- $453 / 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 $9,687 $793,050 $569,874 $223,176
2024 $9,687 $777,500 $558,700 $218,800
2023 $1,281 $83,837 $36,261 $47,576
2022 $1,230 $82,194 $35,550 $46,644
2021 $1,206 $80,583 $34,853 $45,730
2019 $1,174 $78,195 $33,820 $44,375
2018 $1,078 $76,662 $33,157 $43,505
2016 $1,011 $73,686 $31,870 $41,816
2015 $998 $72,580 $31,392 $41,188
2014 $1,010 $71,160 $30,778 $40,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23126126

California Regional Multiple Listing Service (CRMLS)

APN: 2638-034-026