NOT LISTED FOR SALE

8445 Colbath Ave Panorama City, CA 91402

Estimated Value: $749,000 - $847,106

2 Beds
2 Baths
1,176 Sq Ft
$675/Sq Ft Est. Value

Sale Details

Date Sold: October 15, 2018

Last sale price $480,000 $408 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,767 / mo

14 Days on Market

Highlights

  • No HOA
  • Patio
  • 1-Story Property
  • 2 Car Attached Garage

About This Home

As of October 2018

*****EXCELLENT INVESTOR OPPORTUNITY ******** 2 BED 2 BATH WITH EXCELLENT POTENTIAL FOR THE RIGH INVESTOR TO BRING TO MARKET VALUE AND GET REWARDED... LOTS OF CONCRETE. GARAGE CONVERTED TO BACHELOR PAD. COURT SET VALUE BUT MAKE YOUR RESONABLE OFFER AND IT WILL BE CONSIDERED. PROBATE SALE NEEDS COURT APPROVAL.

Last Agent to Sell the Property

EBLIN MALDONADO

GALLARIA REALTY License #01134688 Listed on: 05/21/2018

Last Buyer's Agent

Marine Avetisian

Seward Real Estate & Financial, Inc. License #02009191

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 6,168 Sq Ft Lot
  • No Landscaping
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 83
  • Tax Tract Number 15478
  • Assessor Parcel Number 2638034032

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

6,168 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2638034032
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1176.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 408.16
  • Room Type: All Bedrooms Down

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, No Landscaping
  • Lot Size Sq Ft: 6168.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1199.00
  • Tax Lot: 83
  • Tax Tract Number: 15478

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2020
Sold by
Grigoryan Edgar and Grigoryan Narine
Bought by
Grigoryan Narine
Current Estimated Value
$794,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,500
Outstanding Balance
$334,625
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$459,652

Purchase Details

Closed on
Oct 4, 2019
Sold by
Grigoryan Edgar
Bought by
Grigoryan Edgar and Grigoryan Narine

Purchase Details

Listed on
May 21, 2018
Closed on
Sep 25, 2018
Sold by
Spalding Peggy
Bought by
Grigoryan Edgar and Grigoryan Edgar
Seller's Agent
EBLIN MALDONADO
GALLARIA REALTY
Buyer's Agent
Marine Avetisian
Seward Real Estate & Financial, Inc.
List Price
$445,000
Sold Price
$480,000
Premium/Discount to List
$35,000
7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$364,800
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2018
Sold by
Harris Christine J and The James T And Peggy I Spaldi
Bought by
Grigoryan Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,800
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2009
Sold by
Spalding Jahes T and Spalding Peggy A
Bought by
Spalding Jahes T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grigoryan Narine -- Lawyers Title Company
Grigoryan Edgar -- Accommodation
Girgoryan Narine -- Accommodation
Grigoryan Edgar $480,000 Priority Title
Grigoryan Edgar $480,000 Priority Title
Spalding Jahes T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grigoryan Narine $377,500
Closed Grigoryan Edgar $364,800
Previous Owner Grigoryan Edgar $364,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2018 10/15/18 Sold $480,000 +7.9% $408 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $445,000 -- $378 / 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 $7,016 $563,222 $450,579 $112,643
2024 $7,016 $552,180 $441,745 $110,435
2023 $6,885 $541,354 $433,084 $108,270
2022 $6,572 $530,741 $424,593 $106,148
2021 $6,489 $520,335 $416,268 $104,067
2020 $6,213 $489,600 $391,680 $97,920
2019 $5,973 $480,000 $384,000 $96,000
2018 $1,493 $113,667 $50,309 $63,358
2016 $1,415 $109,255 $48,356 $60,899
2015 $1,396 $107,615 $47,630 $59,985
2014 $1,408 $105,507 $46,697 $58,810
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    EBLIN MALDONADO

    GALLARIA REALTY

    Section Image

  • M

    Buyer's Agent in 2018

    Marine Avetisian

    Seward Real Estate & Financial, Inc.

    (818) 352-6338

    1 in this area

    65 Total Sales

    Marine Avetisian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18120821

California Regional Multiple Listing Service (CRMLS)

APN: 2638-034-032

California Los Angeles County Panorama City 91402

8445 Colbath Ave, Panorama City, CA

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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.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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