$545,000
SOLD JAN 21, 2015
0.32 Acre
$1,730,159 Price per Acre
13,721 Sq Ft Lot

Recently Sold

$526 Per Sq Ft

9% Below List Price

Highlights

  • No HOA
  • Valley Academy of Arts & Sciences Rated A-
  • Rectangular Lot

About This Lot

As of March 2018

Land currently has a 3 bedroom 1 bath that is currently on the land. This property's future value is ready for the picking. Land has plans for a 9 unit 3 bedroom 3 bathroom tri-level townhouse style condos. This area and land is prepped and ready for you to develop on it. Plans need to be updated to current structural code, approved and then pay for the permit. Property is rezoned to LARD 1.5. Please do your do diligence and go down to check with the city for the plans. This is a great opportunity for your first project or your fiftieth! For information regarding the plans, contact me for an email PDF copy!

Last Agent to Sell the Property

Joseph Rudd

Keller Williams Realty-Studio City License #01518987 Listed on: 10/04/2014

Keller Williams Realty-Studio City

Last Buyer's Agent

Peter Miller

Equity Union License #01256871

Equity Union

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,275

Lot Details

  • 0.32 Acre Lot
  • Chain Link Fence
  • Fence is in fair condition
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Value in Land
  • Tear Down
  • Property is zoned 1.5

Utilities

  • Overhead Utilities

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2654008024

Property Details

Property Type

Land

Est. Annual Taxes

$17,275

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • View: No
  • Zoning: 1.5
  • Property Type: Land
  • Parcel Number: 2654008024
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 39.75

Exterior Features

  • Fencing: Chain Link, Fair Condition

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Level, Rectangular Lot, Value In Land, Lot 10000-19999 Sqft, Paved, Tear Down, Utilities - Overhead, Walkstreet
  • Lot Size Sq Ft: 13711.00
  • Lot Size Acres: 0.3150

Multi Family

  • Lot Size Area: 13711.0000 Square Feet

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2018
Closed on
Mar 1, 2018
Sold by
8837 Burnet Llc
Bought by
Coreland Realty Llc
Seller's Agent
Parviz Kamkar
Kamkar Real Estate
Buyer's Agent
Kenneth Si
Sky Terrace Incorporation
List Price
$1,379,000
Sold Price
$1,280,000
Premium/Discount to List
-$99,000
-7.18%
Current Estimated Value
$4,145,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,865,870
Avg. Annual Appreciation
19.61%

Purchase Details

Listed on
Oct 4, 2014
Closed on
Dec 30, 2014
Sold by
Katash Joseph
Bought by
8837 Burnet Llc
Seller's Agent
Joseph Rudd
Keller Williams Realty-Studio City
Buyer's Agent
Peter Miller
Equity Union
List Price
$599,000
Sold Price
$545,000
Premium/Discount to List
-$54,000
-9.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.36%

Purchase Details

Closed on
Apr 5, 2012
Sold by
Katash Joseph
Bought by
Katash Joseph and The J Daniel Katash Family Trust

Purchase Details

Closed on
Jul 9, 2004
Sold by
Dcre Investment Llc
Bought by
Katash Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2000
Sold by
Lee Karl P
Bought by
Chen David

Purchase Details

Closed on
Aug 17, 1993
Sold by
Chen Deena
Bought by
Chen David and Chen Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.5%

Purchase Details

Closed on
Aug 16, 1993
Sold by
Lee Deena M
Bought by
Lee Karl P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.5%

Purchase Details

Closed on
Jul 19, 1993
Sold by
Chen David
Bought by
Lee Karl P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.5%
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 Type Sale Price Title Company
Grant Deed $1,280,000 Chicago Title
Grant Deed $545,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Individual Deed $365,000 Security Union Title
Individual Deed -- Security Union Title
Gift Deed -- --
Quit Claim Deed -- North American Title Company
Quit Claim Deed -- North American Title Company
Grant Deed $150,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,183,000 New Conventional
Closed $2,650,000 Construction
Previous Owner $374,500 Unknown
Previous Owner $292,000 Purchase Money Mortgage
Previous Owner $102,500 Unknown
Previous Owner $110,000 No Value Available
Closed $73,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2018 03/07/18 Sold $1,280,000 -7.2% $1,236 / Sq Ft
01/03/2018 01/03/18 For Sale $1,379,000 +153.0% $1,331 / Sq Ft
01/21/2015 01/21/15 Sold $545,000 -9.0% $526 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
10/04/2014 10/04/14 For Sale $599,000 -- $578 / 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 $17,275 $1,456,420 $1,456,420 --
2024 $17,275 $1,427,863 $1,427,863 --
2023 $16,935 $1,399,866 $1,399,866 $0
2022 $16,136 $1,372,418 $1,372,418 $0
2021 $15,953 $1,345,508 $1,345,508 $0
2019 $15,470 $1,305,600 $1,305,600 $0
2018 $7,022 $575,664 $575,664 $0
2016 $6,893 $553,310 $543,158 $10,152
2015 $3,719 $287,000 $228,000 $59,000
2014 $3,811 $287,000 $228,000 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14214486

California Regional Multiple Listing Service (CRMLS)

APN: 2654-008-024