NOT LISTED FOR SALE

8656 Balcom Ave Northridge, CA 91325

Estimated Value: $1,558,000 - $1,922,828

3 Beds
3.5 Baths
2,980 Sq Ft
$589/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $890,000 $299 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $10,377/month

Highlights

  • In Ground Pool
  • 0.52 Acre Lot
  • Walk-In Pantry
  • Valley Academy of Arts & Sciences Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of July 2020

Idyllic Sherwood Forest retreat! Located on a cul-de-sac, Escape to this 2,980 square foot 3 bedroom 3 ½ bath home with covered parking for 5 vehicles (including a 2-car garage)! The backyard is a low maintenance entertainer’s dream with a large pool and plenty of room for a large BBQ, an outdoor dining area and lounge chairs galore! This is the perfect home for someone that loves to entertain or has lots of cars! There is gorgeous cedar wood paneling in many of the rooms and a full wet bar waiting to be stocked with your favorite indulgences. Carved out of a larger estate, you will never have to worry about getting quick repairs… the handyman and his wife can be reached right next door! Home shares wall with other Tenant. Pool Maintenance and Gardening Services paid by Landlord. Pets subject to Landlord approval. Tenants responsible for 60% of the utilities.

Last Agent to Rent the Property

Margaret Ahern

Keller Williams Luxury License #01979343 Listed on: 05/22/2020

Keller Williams Luxury

Last Renter's Agent

Margaret Ahern

Lexington Property Management License #01979343

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,216

Year Built

  • Built in 1956

Lot Details

  • 0.52 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LARA

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,980 Sq Ft Home
  • 1-Story Property
  • Bar
  • Living Room with Fireplace

Kitchen

  • Walk-In Pantry
  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $4,000
  • Rent includes gardener, pool
  • 12-Month Minimum Lease Term
  • Available 5/18/20
  • Tax Lot 4
  • Tax Tract Number 19613
  • Assessor Parcel Number 2787032025

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,216

Year Built

Built in 1956

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2020-05-18
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 4000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • View: No
  • Zoning: LARA
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 2787032025
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2980.00 Square Feet
  • Interior Amenities: Bar
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1.34
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Walk-In Shower
  • Room Kitchen Features: Walk-In Pantry

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 22673.00
  • Lot Size Acres: 0.5205

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 22673.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Pool

Tax Info

  • Tax Census Tract: 1154.01
  • Tax Lot: 4
  • Tax Tract Number: 19613

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2017
Sold by
Colarossi Richard Vincent
Bought by
Colarossi Richard V and Colarossi Trust
Current Estimated Value
$1,756,457

Purchase Details

Listed on
May 27, 2016
Closed on
May 26, 2016
Sold by
Colarossi Karla G
Bought by
Colarossi Ronald Patrick
Seller's Agent
Barbara Radke
Keller Williams Westlake Village
Buyer's Agent
Barbara Radke
Keller Williams Westlake Village
List Price
$890,000
Sold Price
$890,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$667,500
Outstanding Balance
$532,866
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$1,199,174

Purchase Details

Listed on
May 27, 2016
Closed on
May 17, 2016
Sold by
The Ostergren Family Trust
Bought by
Colarossi Ronald Patrick and Colarossi Richard Vincent
Seller's Agent
Barbara Radke
Keller Williams Westlake Village
Buyer's Agent
Barbara Radke
Keller Williams Westlake Village
List Price
$890,000
Sold Price
$890,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,500
Outstanding Balance
$532,866
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$1,199,174
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
Colarossi Richard V -- None Available
Colarossi Ronald Patrick -- Stewart Title
Colarossi Ronald Patrick $890,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colarossi Ronald Patrick $667,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Rented $4,000 0.0% --
05/22/2020 05/22/20 For Rent $4,000 +11.1% --
03/26/2018 03/26/18 Rented $3,600 -14.3% --
03/26/2018 03/26/18 Under Contract -- -- --
11/09/2017 11/09/17 For Rent $4,200 0.0% --
05/27/2016 05/27/16 Sold $890,000 0.0% $228 / Sq Ft
05/27/2016 05/27/16 For Sale $890,000 -- $228 / 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 $13,216 $1,053,573 $568,812 $484,761
2024 $13,216 $1,032,915 $557,659 $475,256
2023 $12,970 $1,012,663 $546,725 $465,938
2022 $12,387 $992,807 $536,005 $456,802
2021 $12,225 $973,342 $525,496 $447,846
2019 $11,872 $944,473 $509,910 $434,563
2018 $11,466 $925,955 $499,912 $426,043
2016 $9,576 $782,823 $282,962 $499,861
2015 $9,437 $771,065 $278,712 $492,353
2014 $9,476 $755,962 $273,253 $482,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20094822

California Regional Multiple Listing Service (CRMLS)

APN: 2787-032-025