NOT LISTED FOR SALE

9245 Balcom Ave Northridge, CA 91325

Estimated Value: $1,269,097 - $1,439,000

5 Beds
3 Baths
2,528 Sq Ft
$539/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $887,550 $351 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $8,441/month

59 Days on Market

Highlights

  • Spa
  • Dining Room with Fireplace
  • No HOA
  • Valley Academy of Arts & Sciences Rated A-
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of July 2019

HUGE PRICE DROP !!!SPRAWLING!!! Gated Ranch Style Single-Story Home with 5 Bedrooms and 3 Bathrooms. Situated in a wonderful quiet neighborhood of Northridge. Enormous 17,481 SQFT lot great for entertaining with plenty of room for a swing set and sand box, or a BBQ and jacuzzi. There is a detached 2 car garage and accessible RV/boat parking . When you open the front door, you will walk through a lovely entry area into a beautiful formal living room with fireplace. The Kitchen was recently updated with Subway tile backsplash, Calcutta Quartz counter tops, Stainless steel sink and faucet . You will also enjoy the convenient Pantry/Washer/ Dryer room, Formal dining room/ Family room. The home is well maintained and ready to occupy. Special features include Double pane windows, Hardwood floors, Stained and Leaded glass windows, French doors, Landscaping with sprinklers, 2 Water heaters,Central A/C and Extra Storage space in the attic. Home is walking distance to CSUN and Shopping centers.

Last Agent to Sell the Property

Ajith Puthanpurayil

LAX Realty, Inc. License #01981956 Listed on: 03/03/2019

Last Buyer's Agent

ZHIREN RAO

License #01918599

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,539

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 0.4 Acre Lot
  • Gated Home
  • Masonry wall
  • Wood Fence
  • Block Wall Fence
  • Sprinkler System
  • Property is zoned LARA

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Property
  • Stucco

Interior Spaces

  • 2,528 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Spa
  • Slab Porch or Patio
  • Gazebo

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2766-004-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,539

Year Built

Built in 1956 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2528
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1956
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Living Room
  • Flooring: Hardwood, Wood
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Nook
  • Kitchen Features: Counter Top
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Gas Or Electric Dryer Hookup, Hood Fan, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 355.97

Exterior Features

  • Construction: Stucco
  • Other Features: Sprinkler System
  • Other Structures: Gazebo
  • Tennis Court Y/N: No
  • Fence: Block, Cedar Fence, Masonry, Wood
  • Patio: Concrete Slab
  • Pool: No
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Detached

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 2766-004-016
  • Geocode Override: No
  • Lot Description: Ranch
  • Lot Size Area: 17481

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2023
Sold by
Wang Xi
Bought by
9310 Llc
Current Estimated Value
$1,363,524

Purchase Details

Listed on
Mar 3, 2019
Closed on
Jun 25, 2019
Sold by
Liu Bixia
Bought by
Wang Xi
Seller's Agent
Ajith Puthanpurayil
LAX Realty, Inc.
Buyer's Agent
ZHIREN RAO
List Price
$949,000
Sold Price
$887,550
Premium/Discount to List
-$61,450
-6.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$619,500
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 2, 2019
Sold by
Mahabala Llc
Bought by
Wang Xi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$619,500
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 1, 2018
Closed on
Sep 25, 2018
Sold by
Potter Barr B and Potter Julia M
Bought by
Mahabala Llc
Seller's Agent
Philip Nastasi, REALTOR®, SRES®,
Rodeo Realty
List Price
$865,000
Sold Price
$820,000
Premium/Discount to List
-$45,000
-5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$656,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2016
Sold by
Iaccino Thomas J
Bought by
Sunset Trust

Purchase Details

Closed on
May 16, 2005
Sold by
Lee Chung Jung and Lee Bang Im
Bought by
Potter Barr B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2004
Sold by
Lee Bang Im
Bought by
Lee Chung Jung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 2, 2002
Sold by
Lee Bang Im
Bought by
Lee Bang Im

Purchase Details

Closed on
Sep 19, 2001
Sold by
Lee Chung Jung
Bought by
Lee Bang Im

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.91%

Purchase Details

Closed on
May 12, 1999
Sold by
Travaglini Mario R and Chess Gloria T
Bought by
Lee Chung Jung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
7.12%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
9310 Llc -- Accommodation/Courtesy Recordi
Wang Xi -- Fidelity National Title
Wang Xi $885,000 Fidelity National Title
Mahabala Llc $820,000 Progressive Title
Sunset Trust $10,000 None Available
Potter Barr B $855,000 Stewart Title Of California
Lee Chung Jung -- --
Lee Bang Im -- --
Lee Bang Im -- First American Title Co
Lee Chung Jung $345,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Xi $619,500
Previous Owner Mahabala Llc $656,000
Previous Owner Potter Barr B $650,000
Previous Owner Lee Chung Jung $100,000
Previous Owner Lee Bang Im $272,000
Previous Owner Lee Chung Jung $276,000
Closed Potter Barr B $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2019 07/19/19 Sold $887,550 -1.4% $351 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
04/16/2019 04/16/19 Price Changed $899,900 -5.2% $356 / Sq Ft
03/03/2019 03/03/19 For Sale $949,000 +15.7% $375 / Sq Ft
10/15/2018 10/15/18 Sold $820,000 -5.2% $324 / Sq Ft View Prior Sale
09/15/2018 09/15/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $865,000 -- $342 / Sq Ft
Source: The MLS

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 $14,539 $1,196,460 $832,320 $364,140
2024 $14,539 $1,173,000 $816,000 $357,000
2023 $11,625 $930,290 $693,356 $236,934
2022 $11,090 $912,050 $679,761 $232,289
2021 $10,949 $894,168 $666,433 $227,735
2019 $702 $820,000 $656,000 $164,000
2018 $9,838 $797,000 $554,000 $243,000
2016 $8,893 $724,000 $503,000 $221,000
2015 $8,894 $724,000 $503,000 $221,000
2014 $9,104 $724,000 $503,000 $221,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-439154

The MLS

APN: 2766-004-016