NOT LISTED FOR SALE

8924 Balcom Ave Northridge, CA 91325

Estimated Value: $2,073,000 - $2,409,000

4 Beds
3 Baths
3,811 Sq Ft
$588/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $2,225,555 $584 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $14,246/month

Highlights

  • Sound Studio
  • Wine Cellar
  • Primary Bedroom Suite
  • Valley Academy of Arts & Sciences Rated A-
  • Cabana
  • Automatic Gate

About This Home

As of June 2022

Boasting sunlit living spaces, contemporary design features and thoughtful amenities, 8924 Balcom Avenue is an inviting four-bedroom, three-bathroom, 3,811-square-foot home located in the coveted Sherwood Forest neighborhood in Northridge. Set just past a privacy-enhancing gate, the single-level Ranch style home is surrounded by mature landscaping and filled with exceptional elements. Inside, find hardwood floors, high vaulted and beamed ceilings, built-in shelving and storage, recessed lighting, bay windows and a Nest smart home system. The stylish, all-white kitchen features custom cabinetry, quartz countertops, stainless steel appliances, a walk-in pantry and an oversized central island and opens to a bright living room illuminated by skylights and custom light fixtures. French doors lead out to an oasis-like backyard, complete with a large covered outdoor living room equipped with heaters, a fan, and open-air kitchen area. Just beyond is a lush lawn and a pool with a slide and waterfall. The home’s primary suite is outfitted with a drop-down TV, a spa-like primary bath with jetted tub, a separate steam shower, and a large walk-in closet. Additional features include a wine room, soundproof music studio, game room with fireplace, a tile-floored two-car garage with ample storage, and a second gated driveway to park more cars, RV, or a boat. Included in the sale, approved plans for an 817 SqFt ADU which can be used as a pool house, game room, or guest house. Offering peace-of-mind convenience, located minutes from shops, markets, CSUN, parks, as well as local schools, including Dearborn Elementary, Oliver Wendell Middle and Northridge Academy High.

Last Agent to Sell the Property

George Ouzounian

The Agency License #01948763 Listed on: 06/03/2022

The Agency

Co-Listed By

Gina Michelle

The Agency License #01503003

Last Buyer's Agent

Courtney Van Cott

Compass License #01971705

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,411

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 0.4 Acre Lot
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LARA

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Driveway
  • Automatic Gate
  • On-Street Parking

Home Design

  • Turnkey

Interior Spaces

  • 3,811 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Tray Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Track Lighting
  • Bay Window
  • Sliding Doors
  • Entryway
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Game Room with Fireplace
  • Sound Studio
  • Storage
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Quartz Bathroom Countertops
  • Dual Sinks
  • Private Water Closet
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Multiple Shower Heads
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Cabana
  • Heated In Ground Pool

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

  • Property is near a park

Schools

  • Dearborn Elementary School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 18012
  • Assessor Parcel Number 2768028010
  • $595 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,411

Year Built

Built in 1955 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Vault. Two TVs in master bedroom and guest can be left
  • Property Attached: No
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Security Lights, Security System, Smoke Detector(s)
  • View: No
  • Zoning: LARA
  • Architectural Style: Ranch
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2768028010
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3811.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Ceiling Fan(s), Open Floorplan, Pantry, Recessed Lighting, Storage, Track Lighting, Tray Ceiling(s), Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Game Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 583.98
  • Room Type: Den, Entry, Family Room, Game Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Office, Separate Family Room, Sound Studio, Utility Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Window Features: Bay Window(s), Skylight(s)
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Double Sinks In Bath(s), Dual Shower Heads (or Multiple), Jetted Tub, Privacy Toilet Door, Quartz Counters, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Other Structures: Storage
  • Exterior Features: Barbecue Private
  • Patio And Porch Features: Cabana, Concrete, Covered, Patio, Patio Open, Rear Porch
  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Built-In Storage, Driveway, Garage, Gated, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Available, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Double Oven, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central, Zoned
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Park, Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified
  • Elementary School: Dearborn
  • Elementary School: Dearborn
  • Elementary School #2: DEARBO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Lot 10000-19999 Sqft, Park Nearby, Sprinkler System, Yard
  • Lot Size Sq Ft: 17339.00
  • Lot Size Acres: 0.3980

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17339.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1151.04
  • Tax Lot: 24
  • Tax Tract Number: 18012
  • TaxOtherAnnualAssessmentAmount: 595.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jun 13, 2022
Sold by
Sinanyan and Haig
Bought by
River Bank Trust
Seller's Agent
George Ouzounian
The Agency
Buyer's Agent
Courtney Van Cott
Compass
List Price
$1,995,000
Sold Price
$2,225,555
Premium/Discount to List
$230,555
11.56%
Current Estimated Value
$2,240,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,947
Avg. Annual Appreciation
0.20%

Purchase Details

Closed on
Feb 19, 2019
Sold by
Alkana Tiago
Bought by
Shirinian Hampartzoum and Shirinian Arletta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 11, 2017
Sold by
Alkana Terry Lee and The Alkana Trust
Bought by
Alkana Tiago

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2002
Sold by
Otero Arthur and Rushay Otero Carol
Bought by
Alkana Abraham and Alkana Thelma

Purchase Details

Closed on
Nov 2, 1998
Sold by
Rushay Carol
Bought by
Otero Arthur and Rushay Otero Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.54%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 29, 1993
Sold by
Otero Arthur R
Bought by
Rushay Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,750
Interest Rate
7.2%

Purchase Details

Closed on
Nov 15, 1993
Sold by
Glendale Federal Bank Fsb
Bought by
Rushay Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,750
Interest Rate
7.2%
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
River Bank Trust $2,226,000 Fidelity National Title
Shirinian Hampartzoum $1,250,000 Stewart Title Of Ca Inc
Alkana Tiago $960,000 Chicago Title
Alkana Abraham $695,000 Commonwealth Land Title
Alkana Abraham $695,000 Commonwealth Land Title
Otero Arthur -- First American Title Co
Rushay Carol -- Southern California Title Co
Rushay Carol $267,500 Southern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shirinian Hampartzoum $1,000,000
Previous Owner Alkana Tiago $679,000
Previous Owner Otero Arthur $140,000
Previous Owner Rushay Carol $240,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2022 06/27/22 Sold $2,225,555 +11.6% $584 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $1,995,000 +59.6% $523 / Sq Ft
05/03/2019 05/03/19 Sold $1,250,000 -7.3% $328 / Sq Ft View Prior Sale
02/20/2019 02/20/19 Pending -- -- --
11/27/2018 11/27/18 For Sale $1,349,000 -- $354 / 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 $28,411 $2,361,823 $1,379,570 $982,253
2024 $28,411 $2,315,514 $1,352,520 $962,994
2023 $27,860 $2,270,112 $1,326,000 $944,112
2022 $15,938 $1,313,971 $788,383 $525,588
2021 $15,734 $1,288,208 $772,925 $515,283
2019 $12,006 $979,200 $562,224 $416,976
2018 $7,254 $581,862 $142,797 $439,065
2016 $6,900 $559,269 $137,253 $422,016
2015 $6,801 $550,869 $135,192 $415,677
2014 $6,831 $540,079 $132,544 $407,535
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22116772

California Regional Multiple Listing Service (CRMLS)

APN: 2768-028-010