See Home Value
$656,253*
House - Off Market

8524 Saloma Avenue

Panorama City, CA 91402
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1926 Sqft
$594,000 - $724,000
Reference Base Price*
-0.56%
Since Sep 1, 2023
National-US
Primary Model
Sold Aug 18, 2023
$2,700,000
$570,000 by Fidelity Lending Solutions Inc
Mortgage Due Apr 01, 2054
Sold Jan 08, 2013
$355,000

About This Property

Amazing Opportunity to Fix & Flip or repair and move into this Home. Contractors, Handypersons and Investors, bring your vision and get this one before it's gone! Don't miss the Equity Opportunity on this one!  Schedule a tour and make an offer today!

The manager has listed the unit size as 1926 square feet.
Unit Size
1,926Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$343
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955

Price History

Date / Event Date Event Price
Aug 22, 2023 No longer available -
No longer available
Aug 18, 2023 Sold to Viktorya Gevorgyan $2,700,000
Sold to Viktorya Gevorgyan
Aug 9, 2023 In contract -
In contract
Jul 26, 2023 Listed $659,950
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,665
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 670
  • Total Building Area: 1,926
  • Building Area: 1,926
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Evaporative cooler
  • Heating: Central heating
  • Heated Square Feet: 1,926
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 19544
  • Land Acres: 0.176
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 19544 LOT/SEC 21

Ownership

  • Current Owner : GEVORGYAN VIKTORYA
  • Previous Owner : 2017-2 IH BORROWER LP
  • Owner Before Previous Owner: FRANKLIN ROAD INVESTMENT CORPORATION
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 120107

Zoning

  • Zoning: LARS

Geography

  • Assessors Map Reference: 8-D6
  • Subdivision Tract Number: 19544
  • Parcel: 2653-014-006
  • Lot: 21
  • Municipality: NORTH /VAN NUYS
  • Latitude: 34.2255
  • Longitude: -118.458

    Address

  • Full Address: 8524 Saloma Ave
  • Address - House Number: 8524
  • Address - Street Name: Saloma
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Panorama City
  • Carrier Code: C019
  • 4-Digit Zip Code: 2709
  • Zip Code: 91402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,132
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2334
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 67
  • Final Value: 1,032,831
  • High Value: 1,273,980
  • Low Value: 791,682

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $570,000
  • First Open Lien Mortgage Lender: FIDELITY LENDING SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Mar 27, 2024
  • First Open Lien Mortgage Loan Amount: $570,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $593,451
  • Assessed Land Value: $355,848
  • Assessed Improvements Value: $237,603

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Aug 18, 2023
  • Current Sale Transaction ID: 11911205898
  • Current Sale Price: $2,700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 551710
  • Previous Sale Recording Date: Jan 08, 2013
  • Previous Sale Contract Date: Dec 19, 2012
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GALSTYAN TIGRAN
  • First Mortgage Transaction Date: Aug 18, 2023
  • First Mortgage Loan Amount: $550,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1.5 Baths
1,604 ft²
$374/ft²
$599,990 Jul 21, 2023
-
-
House
3 Beds
1.5 Baths
1,080 ft²
$718/ft²
$775,000 Aug 4, 2023
-
-
House
4 Beds
3 Baths
1,965 ft²
$374/ft²
$735,000 Jul 11, 2023
-
-
Condo
3 Beds
2.5 Baths
1,726 ft²
$348/ft²
$600,000 Jul 28, 2023
-
$300/mo
Townhouse
3 Beds
3 Baths
1,716 ft²
$317/ft²
$544,000 Sep 24, 2022
-
$252/mo
Townhouse
3 Beds
3 Baths
1,675 ft²
$319/ft²
$535,000 Jun 18, 2020
-
$9/mo
Townhouse
4 Beds
4 Baths
1,953 ft²
$353/ft²
$689,000 May 26, 2023
-
$108/mo
Condo
4 Beds
2.5 Baths
1,977 ft²
$344/ft²
$680,000 Jun 26, 2023
-
$289/mo
House
2 Beds
1 Bath
790 ft²
$809/ft²
$639,000 Jul 18, 2023
-
-

About North Valley


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Frequently Asked Questions

When was property at 8524 Saloma Avenue built and last sold?
The property at 8524 Saloma Avenue was built in 1955 and last sold on Aug 11, 2023 for $2,700,000.
How much is this home worth?
The estimated value of the home located at 8524 Saloma Avenue is $686,096.
What are some comparable homes to 8524 Saloma Avenue?
Homes that are comparable to 8524 Saloma Avenue include a house property at 8059 Lemona Avenue, 8054 Cedros Avenue, 8000 Burnet Avenue.

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