NOT LISTED FOR SALE

Estimated Value: $3,686,000 - $5,282,000

0.71 Acre
$6,404,365 Price per Acre
30,928 Sq Ft Lot

Last Sold April 30, 2012

Last sale price $1,000,000 $467 Per Sq Ft

Est. 355% increase in value since last sale

Current estimated payment $27,722/month

113 Days on Market

About This Lot

As of April 2012

Comprised of 30,930 square feet, this parcel of land potentially offers investors the opportunity to acquire a property ideal for family units or affordable senior housing. The proposed general plan for this .71 acre lot potentially allows for 38-47 family units. There is a 2,141 sq. ft. house currently on the property. Property is being sold in "as is" condition for land value only. An entitlement change is in order to use property to it's full potential. Please see private remarks for pricing options.

Last Agent to Sell the Property

Melodie Hart

Compass License #01482039 Listed on: 07/19/2010

Compass

Last Buyer's Agent

Oscar Hernandez

License #01266417

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $37,655

Lot Details

  • 0.71 Acre Lot

Utilities

  • Sewer in Street
  • Phone Available
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 2404-009-016

Property Details

Property Type

Land

Est. Annual Taxes

$37,655

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.7100
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Cable: Yes
  • Electric: In Street
  • Sewer: In Street
  • Telephone: Yes
  • Water: In Street

Lot Info

  • Assessor Parcel Number: 2404-009-016
  • Lot Size Area: 30930

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2016
Sold by
8554 Glenoaks Llc
Bought by
Gata Woodley Llc
Current Estimated Value
$4,547,099

Purchase Details

Closed on
Oct 23, 2014
Sold by
Cityviewglenoaks 50 Lp
Bought by
8554 Glenoaks Llc

Purchase Details

Listed on
Jul 19, 2010
Closed on
Mar 21, 2012
Sold by
Clunen Wilbur F
Bought by
Clunen Phyllis C
Seller's Agent
Melodie Hart
Compass
Buyer's Agent
Oscar Hernandez
List Price
$1,595,000
Sold Price
$1,000,000
Premium/Discount to List
-$595,000
-37.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.98%

Purchase Details

Listed on
Jul 19, 2010
Closed on
Mar 16, 2012
Sold by
Clunen Phyllis C and Clunen Verda John
Bought by
Cv Glenoaks 8554 Llc
Seller's Agent
Melodie Hart
Compass
Buyer's Agent
Oscar Hernandez
List Price
$1,595,000
Sold Price
$1,000,000
Premium/Discount to List
-$595,000
-37.3%

Purchase Details

Closed on
Jan 4, 2011
Sold by
First Citizens Bank
Bought by
Verda John

Purchase Details

Closed on
Jul 16, 2006
Sold by
The Estate Of Dario Verda
Bought by
Verda John

Purchase Details

Closed on
Apr 3, 2001
Sold by
Verda Cesare J and Verda Dario
Bought by
Verda Irene M
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
Gata Woodley Llc $2,700,000 North American Title Company
8554 Glenoaks Llc -- North American Title Co
Clunen Phyllis C -- First American Title Company
Verda John -- First American Title Company
Cv Glenoaks 8554 Llc $1,000,010 First American Title Company
Verda John -- None Available
Clunen Phyllis C -- None Available
Verda John -- None Available
Clunen Phyllis -- None Available
Verda Irene M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glenoaks Llc $1,746,000
Previous Owner Cv Glenoaks 8554 Llc $19,535,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2012 04/30/12 Sold $1,000,000 -37.3% $467 / Sq Ft
11/09/2010 11/09/10 Pending -- -- --
07/19/2010 07/19/10 For Sale $1,595,000 -- $745 / Sq Ft
Source: The MLS

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 $37,655 $3,196,249 $3,196,249 --
2024 $37,655 $3,133,578 $3,133,578 --
2023 $36,909 $3,072,136 $3,072,136 $0
2022 $35,162 $3,011,899 $3,011,899 $0
2021 $34,760 $2,952,843 $2,952,843 $0
2019 $33,702 $2,865,261 $2,865,261 $0
2018 $33,652 $2,809,080 $2,809,080 $0
2016 $20,122 $1,675,162 $1,675,162 $0
2015 $19,824 $1,650,000 $1,650,000 $0
2014 $12,776 $1,024,630 $666,010 $358,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 10-465621

The MLS

APN: 2404-009-016