NOT LISTED FOR SALE

8850 Penfield Ave Northridge, CA 91324

Estimated Value: $817,000 - $890,000

3 Beds
1 Bath
1,392 Sq Ft
$616/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $552,000 $397 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,105/month

54 Days on Market

Highlights

  • Property is near park
  • Private Yard
  • Neighborhood Views
  • Main Floor Bedroom
  • No HOA
  • Home Office

About This Home

As of September 2018

Welcome to this charming Spanish style home at the end of a cul-de-sac. This home has three bedrooms and an HUGE bathroom suite. Enter this home to a spacious living room with a fireplace, recessed lighting and a dining area. The kitchen has been remodeled with granite counter tops, Spanish adobe tile floors and lots of natural lighting. There is an adjacent laundry area with plenty of storage. Stained glass French doors gives entry to an inviting pergula and private rear yard. The home is surrounded by mature landscaping and has low maintenance front and rear yards perfect for entertaining. The garage has been converted offering an air-conditioned bedroom and a bathroom. Perfect to bring in extra income or for an extended family. Great opportunity to make this house your home!

Last Agent to Sell the Property

Gabriela Maldonado

Rodeo Realty License #02010794 Listed on: 06/21/2018

Rodeo Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 7,928 Sq Ft Lot
  • Cul-De-Sac
  • Private Yard
  • Back and Front Yard
  • Property is zoned LARS

Home Design

  • Shingle Roof

Interior Spaces

  • 1,392 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas Dryer Hookup

Location

  • Property is near park

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 20997
  • Assessor Parcel Number 2782033012

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: over range microwave, dishwasher, living room blinds
  • Property Attached: No
  • View: Yes
  • Zoning: LARS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2782033012
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1392.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 396.55
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Office

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Shingle

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Gas Dryer Hookup, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Park Nearby, Walkstreet, Yard
  • Lot Size Sq Ft: 7928.00

Multi Family

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

Tax Info

  • Tax Census Tract: 1134.01
  • Tax Lot: 31
  • Tax Tract Number: 20997

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2018
Closed on
Aug 17, 2018
Sold by
The Ledezma Family Trust
Bought by
Sarkis Serj and Gharabeigi Karina
Seller's Agent
Gabriela Maldonado
Rodeo Realty
List Price
$585,000
Sold Price
$552,000
Premium/Discount to List
-$33,000
-5.64%
Current Estimated Value
$857,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,675
Avg. Annual Appreciation
6.28%
Original Mortgage
$441,600
Outstanding Balance
$383,512
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$474,163

Purchase Details

Closed on
Feb 2, 2013
Sold by
Ledezma Adrian and Ledezma Yolanda
Bought by
The Ledezma Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2013
Sold by
Bross Michael P and Eddy Kimberly
Bought by
Ledezma Adrian and Ledezman Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2005
Sold by
Bross Michael P
Bought by
Bross Michael P and Eddy Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 18, 2005
Sold by
Eddy Kimberly
Bought by
Bross Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 29, 2005
Sold by
Light Samantha
Bought by
Bross Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 20, 2003
Sold by
Carter Sean
Bought by
Light Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
6.75%

Purchase Details

Closed on
Jul 26, 2000
Sold by
Hargrove Yvette R
Bought by
Light Samantha and Carter Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
7.98%

Purchase Details

Closed on
Jun 18, 1998
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hargrove Yvette R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,269
Interest Rate
7.17%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 1997
Sold by
Washington Mutual Bank Fa
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 20, 1997
Sold by
Arnao Hugo and Arnao Victoria L
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
Apr 7, 1997
Sold by
Pacific Coast Properties Inc
Bought by
Arnao Victoria and Arnao Veronica

Purchase Details

Closed on
Jan 27, 1997
Sold by
Arnao Victoria L and Arnao Veronica
Bought by
Pacific Coast Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,500
Interest Rate
7.62%

Purchase Details

Closed on
Apr 28, 1995
Sold by
Arnao Hugo and Arnao Victoria L
Bought by
Arnao Victoria and Arnao Veronica
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
Sarkis Serj $552,000 Wfg Title Company
The Ledezma Family Trust -- None Available
Ledezma Adrian $365,000 Fidelity Van Nuys
Bross Michael P -- --
Bross Michael P -- Old Republic Title
Bross Michael P $544,000 Old Republic Title
Light Samantha -- American Title Co
Light Samantha $195,000 Fidelity National Title Co
Hargrove Yvette R $154,000 Fidelity National Title Co
Federal Home Loan Mortgage Corporation -- Stewart Title
Washington Mutual Bank Fa $125,000 Stewart Title
Arnao Victoria -- --
Pacific Coast Properties Inc $1,000 --
Arnao Victoria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarkis Serj $441,600
Previous Owner Ledezma Adrian $165,000
Previous Owner Bross Michael P $28,800
Previous Owner Bross Michael P $435,200
Previous Owner Light Samantha $211,500
Previous Owner Light Samantha $185,250
Previous Owner Hargrove Yvette R $151,269
Previous Owner Pacific Coast Properties Inc $13,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2018 09/28/18 Sold $552,000 -5.6% $397 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $585,000 +60.3% $420 / Sq Ft
05/22/2013 05/22/13 Sold $365,000 +4.3% $262 / Sq Ft View Prior Sale
01/08/2013 01/08/13 Pending -- -- --
01/03/2013 01/03/13 For Sale $349,900 -- $251 / 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 $7,497 $615,760 $492,610 $123,150
2024 $7,497 $603,687 $482,951 $120,736
2023 $7,353 $591,851 $473,482 $118,369
2022 $7,014 $580,248 $464,199 $116,049
2021 $6,925 $568,872 $455,098 $113,774
2019 $6,719 $552,000 $441,600 $110,400
2018 $4,821 $395,018 $287,770 $107,248
2017 $4,713 $387,274 $282,128 $105,146
2016 $4,598 $379,682 $276,597 $103,085
2015 $4,530 $373,980 $272,443 $101,537
2014 $4,551 $366,656 $267,107 $99,549
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18147653

California Regional Multiple Listing Service (CRMLS)

APN: 2782-033-012