NOT LISTED FOR SALE

8524 Ranchito Ave Panorama City, CA 91402

Estimated Value: $741,000 - $864,000

2 Beds
1 Bath
1,150 Sq Ft
$690/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $465,000 $404 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,830/month

73 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Eat-In Kitchen
  • Wood Flooring
  • Covered Patio or Porch
  • Bathtub

About This Home

As of June 2018

Back on the market, subject to escrow cancellation. Fresh painted and cleaned. Very large Family room with fireplace. Close to all services and schools. St. Genevieve School. Hardwood floors. Large covered patio. RV access.

Last Agent to Sell the Property

Victor Grillette

Pinnacle Estate Properties, Inc. License #00557114 Listed on: 03/02/2018

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

David Soibatian

Park Regency Realty License #01953913

Park Regency Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,505

Year Built

  • Built in 1949

Lot Details

  • 6,043 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Rectangular Lot
  • Level Lot
  • Front Yard Sprinklers
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • Parking Available

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 15479
  • Assessor Parcel Number 2637032004

Community Details

Overview

  • No Home Owners Association
  • Valley

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,505

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: LAR1
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2637032004
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1150.00 Square Feet
  • Interior Amenities: Copper Plumbing Partial
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, In Kitchen
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 404.35
  • Room Type: Family Room
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot, Level, Sprinklers In Front
  • Lot Size Sq Ft: 6043.00

Multi Family

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

Tax Info

  • Tax Census Tract: 1204.00
  • Tax Lot: 26
  • Tax Tract Number: 15479

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2024
Sold by
Hambardzumyan Arman
Bought by
Petrosyan Vane
Current Estimated Value
$792,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.64%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 21, 2018
Sold by
White Sandra C
Bought by
Petrosyan Vane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,950
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Petrosyan Vane -- Orange Coast Title
Petrosyan Vane -- Orange Coast Title
Petrosyan Vane -- Orange Coast Title
Petrosyan Vane $465,000 Priority Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Petrosyan Vane $300,000
Previous Owner Petrosyan Vane $404,000
Previous Owner Petrosyan Vane $404,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $465,000 -6.1% $404 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $495,000 -- $430 / 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 $6,505 $529,085 $423,269 $105,816
2024 $6,505 $518,712 $414,970 $103,742
2023 $6,381 $508,542 $406,834 $101,708
2022 $6,006 $498,571 $398,857 $99,714
2021 $5,930 $488,796 $391,037 $97,759
2019 $5,752 $474,300 $379,440 $94,860
2018 $907 $65,012 $32,939 $32,073
2016 $853 $62,490 $31,661 $30,829
2015 $842 $61,552 $31,186 $30,366
2014 $853 $60,348 $30,576 $29,772
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2018

    Victor Grillette

    Pinnacle Estate Properties, Inc.

    Section Image
  • David Soibatian

    Buyer's Agent in 2018

    David Soibatian

    Park Regency Realty

    (818) 531-5239

    7 in this area

    44 Total Sales

    David Soibatian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18051311

California Regional Multiple Listing Service (CRMLS)

APN: 2637-032-004

California Los Angeles County Panorama City 91402

8524 Ranchito Ave, Panorama City, CA

This home is located at 8524 Ranchito Ave, Panorama City, CA 91402 since 02 March 2018 and is currently estimated at $792,988, approximately $689 per square foot. This property was built in 1949. 8524 Ranchito Ave is a home located in Los Angeles County with nearby schools including Chase Street Elementary School, Robert Fulton College Preparatory, and Panorama High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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