NOT LISTED FOR SALE

8428 Murietta Ave Panorama City, CA 91402

Estimated Value: $738,993 - $819,000

3 Beds
1.5 Baths
1,155 Sq Ft
$679/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $325,000 $281 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $4,716/month

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Cooling Available
  • Heating Available

About This Home

As of May 2024

Section 8 and AirBnB are welcome! Nestled in the idyllic neighborhood of Panorama City, on a tranquil street adorned with lush greenery, stands a charming 3 bedroom house. The low-maintenance landscaping exudes elegance, framing the house with natural beauty and enhancing its curb appeal. All new interior, so much work recently done to its upgrades. The living room, dining area, and kitchen, creating an inviting ambiance ideal for both relaxation and entertainment. One of the standout features of this property is its RV access, allowing for convenient storage of recreational vehicles or additional parking space for guests. With room to accommodate up to 15 cars, parking will never be a concern, making this home perfect for those who love to entertain or have a large family. Conveniently located near shopping centers, restaurants, and transportation routes, this house offers the best of both worlds – a peaceful retreat in a desirable neighborhood, yet close to all the amenities and conveniences of city living.

Last Agent to Rent the Property

Shegun Alabi

Victory Realty Group Brokerage Phone: 818-437-1097 License #01234673 Listed on: 03/14/2024

Last Renter's Agent

Shegun Alabi

Victory Realty Group Brokerage Phone: 818-437-1097 License #01234673 Listed on: 03/14/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,035

Year Built

  • Built in 1949

Lot Details

  • 6,273 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 10 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 1,155 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Location

  • Urban Location

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $4,000
  • 12-Month Minimum Lease Term
  • Available 3/20/24
  • Tax Lot 24
  • Tax Tract Number 15478

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,035

Year Built

Built in 1949

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2024-03-20
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 4000
  • Furnished: Unfurnished
  • Pets Allowed: Call

Listing Details

  • Structure Type: House
  • Other Phone Description: Combo
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1155.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.42
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6272.64
  • Lot Size Acres: 0.1440

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 0.1440 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: 15478

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2019
Sold by
Khoubesserian Hakop and Yesayan Marina
Bought by
Yesayan Marina
Current Estimated Value
$784,498

Purchase Details

Listed on
Mar 5, 2013
Closed on
Apr 11, 2013
Sold by
Martingale Investments Llc
Bought by
Khoubesserian Hakop and Yesayan Marina
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Gary Keshishyan
Pinnacle Estate Properties
List Price
$319,900
Sold Price
$325,000
Premium/Discount to List
$5,100
1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$243,750
Outstanding Balance
$173,544
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$610,954

Purchase Details

Listed on
Oct 3, 2012
Closed on
Dec 20, 2012
Sold by
Us Bank
Bought by
Martingale Investments Llc
Seller's Agent
Diana Alon
No Firm Affiliation
Buyer's Agent
Andres Hoyos
Sync Brokerage, Inc.
Sold Price
$212,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
417.18%
Original Mortgage
$0
Interest Rate
3.32%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 26, 2011
Sold by
Maranan Mary Rossana B
Bought by
Us Bank

Purchase Details

Closed on
Sep 23, 2006
Sold by
Maranan Shirley Go
Bought by
Maranan Volster Bay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 9, 2006
Sold by
Maranan Sharmila B
Bought by
Maranan Mary Rossana B and Maranan Volster Bay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 15, 2004
Sold by
Villamor Edgar M
Bought by
Maranan Sharmila B and Maranan Mary Rossana B

Purchase Details

Closed on
Oct 21, 2003
Sold by
Castillo Julius C
Bought by
Villamor Edgar M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2003
Sold by
Villamor Nelia B
Bought by
Villamor Edgar M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2003
Sold by
Castillo Julius C
Bought by
Castillo Julius C and Castillo Maria Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2001
Sold by
Smith Eugene W
Bought by
Castillo Julius C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,400
Interest Rate
6.37%

Purchase Details

Closed on
Dec 8, 1999
Sold by
Smith Eugene W
Bought by
Smith Eugene W and Smith Sandra L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Yesayan Marina -- None Available
Khoubesserian Hakop $325,000 Title 365
Martingale Investments Llc $212,000 Fidelity National Title Co
Us Bank $607,458 Accommodation
Maranan Volster Bay -- Investors Title
Maranan Mary Rossana B -- Investors Title
Maranan Sharmila B -- --
Villamor Edgar M $300,000 First American Title Co
Villamor Edgar M -- First American
Castillo Julius C -- Ticor Title Company
Castillo Julius C $205,500 Lawyers Title Company
Smith Eugene W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khoubesserian Hakop $243,750
Previous Owner Martingale Investments Llc $0
Previous Owner Maranan Mary Rossana B $500,000
Previous Owner Maranan Sharmila B $344,000
Previous Owner Maranan Sharmila B $86,000
Previous Owner Villamor Edgar M $240,000
Previous Owner Castillo Julius C $252,000
Previous Owner Castillo Julius C $164,400
Previous Owner Smith Eugene W $35,000
Closed Castillo Julius C $41,100
Closed Villamor Edgar M $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Rented $3,950 -1.1% --
03/14/2024 03/14/24 For Rent $3,995 0.0% --
04/19/2013 04/19/13 Sold $325,000 +1.6% $321 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
03/05/2013 03/05/13 Price Changed $319,900 0.0% $315 / Sq Ft
03/05/2013 03/05/13 For Sale $319,900 +10.3% $315 / Sq Ft
02/28/2013 02/28/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $289,900 +36.7% $286 / Sq Ft
01/14/2013 01/14/13 Sold $212,000 -- $209 / Sq Ft
10/03/2012 10/03/12 Pending -- -- --
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 $5,035 $400,201 $235,197 $165,004
2024 $5,035 $392,355 $230,586 $161,769
2023 $4,942 $384,663 $226,065 $158,598
2022 $4,718 $377,122 $221,633 $155,489
2021 $4,660 $369,729 $217,288 $152,441
2020 $4,704 $365,938 $215,060 $150,878
2019 $4,525 $358,764 $210,844 $147,920
2018 $4,415 $351,730 $206,710 $145,020
2016 $4,219 $338,074 $198,684 $139,390
2015 $4,159 $332,997 $195,700 $137,297
2014 $4,179 $326,475 $191,867 $134,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24052040

California Regional Multiple Listing Service (CRMLS)

APN: 2638-033-008