NOT LISTED FOR SALE

8669 Colbath Ave Panorama City, CA 91402

Estimated Value: $647,243 - $737,000

2 Beds
1 Bath
806 Sq Ft
$846/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2014

Last sale price $245,000 $304 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $4,033 / mo

6 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 2 Car Attached Garage
  • Block Wall Fence
  • No HOA
  • Laundry Room
  • Carpet

About This Home

As of April 2014

PROPERTY IS TENANTS OCCUPIED. NICE STARTER HOME IN NICE COMMUNITY. NEEDS SOME WORK. GREAT INVESTMENT PROPERTY. CLOSE TO SHOPPING AND SCHOOL

Last Agent to Sell the Property

Aurora Pleto

Merit Capital Group Inc License #00610005 Listed on: 03/07/2014

Last Buyer's Agent

Aurora Pleto

Merit Capital Group Inc License #00610005 Listed on: 03/07/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 5,900 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 806 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting

Utilities

  • Water Heater
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 14616
  • Assessor Parcel Number 2638012011

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

5,900 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2638012011
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 806.00
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 303.97
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Tar/Gravel

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Appliances: Water Heater
  • Laundry Features: In Kitchen
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size: 5900
  • Lot Size Sq Ft: 5900.00
  • Lot Size Acres: 0.1350

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5900.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 14616

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2014
Closed on
Jun 23, 2014
Sold by
Agopian George
Bought by
Velazquez Oscar C
Seller's Agent
Aurora Pleto
Merit Capital Group Inc
Buyer's Agent
Aurora Pleto
Merit Capital Group Inc
List Price
$249,000
Sold Price
$245,000
Premium/Discount to List
-$4,000
-1.61%
Current Estimated Value
$681,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,561
Avg. Annual Appreciation
8.90%
Original Mortgage
$294,500
Outstanding Balance
$223,327
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$458,234

Purchase Details

Listed on
Mar 7, 2014
Closed on
Apr 15, 2014
Sold by
Malkonian Elina
Bought by
Agopian George
Seller's Agent
Aurora Pleto
Merit Capital Group Inc
Buyer's Agent
Aurora Pleto
Merit Capital Group Inc
List Price
$249,000
Sold Price
$245,000
Premium/Discount to List
-$4,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 7, 2014
Closed on
Mar 18, 2014
Sold by
Tabao Timoteo
Bought by
Agopian George
Seller's Agent
Aurora Pleto
Merit Capital Group Inc
Buyer's Agent
Aurora Pleto
Merit Capital Group Inc
List Price
$249,000
Sold Price
$245,000
Premium/Discount to List
-$4,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2011
Sold by
Lopez Jesusa R
Bought by
Tabao Timoteo and Tabao Imelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,676
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 8, 2004
Sold by
Gomez Valentine
Bought by
Lopez Jesusa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 1998
Sold by
Clark Don
Bought by
Clark Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
6.71%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 12, 1998
Sold by
Clark Nancy
Bought by
Gomez Valentine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
6.71%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 12, 1998
Sold by
Ruth Burns Trust and Nancy
Bought by
Clark Nancy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Velazquez Oscar C $329,000 Chicago Title Company
Agopian George -- Chicago Title Company
Agopian George $245,000 Chicago Title Company
Tabao Timoteo $210,000 Chicago Title Company
Lopez Jesusa R $310,000 Chicago Title Company
Clark Nancy -- Old Republic Title Company
Gomez Valentine $118,000 Old Republic Title Company
Clark Nancy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Oscar C $294,500
Previous Owner Agopian George $200,000
Previous Owner Tabao Timoteo $204,676
Previous Owner Lopez Jesusa R $175,000
Previous Owner Gomez Valentine $94,400
Closed Gomez Valentine $17,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2014 04/30/14 Sold $245,000 0.0% $304 / Sq Ft
03/13/2014 03/13/14 Pending -- -- --
03/13/2014 03/13/14 Off Market $245,000 -- --
03/08/2014 03/08/14 Price Changed $245,000 -1.6% $304 / Sq Ft
03/07/2014 03/07/14 For Sale $249,000 -- $309 / 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 $5,326 $429,277 $289,760 $139,517
2024 $5,326 $420,861 $284,079 $136,782
2023 $5,226 $412,609 $278,509 $134,100
2022 $4,987 $404,520 $273,049 $131,471
2021 $4,927 $396,590 $267,696 $128,894
2019 $4,426 $354,457 $259,757 $94,700
2018 $4,348 $347,508 $254,664 $92,844
2016 $4,157 $334,016 $244,776 $89,240
2015 $4,098 $329,000 $241,100 $87,900
2014 $2,809 $215,171 $142,218 $72,953
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14047685

California Regional Multiple Listing Service (CRMLS)

APN: 2638-012-011

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