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8901 Colbath Avenue

8901 Colbath Avenue, Panorama City, CA 91402
Property in Panorama City
Sold Aug 25, 1995
$124,000
$123,109 by North Valley Funding
Mortgage Due Sep 01, 2025
Sold Dec 30, 1994
$121,000
Local assessors in Panorama City, CA have categorized 8901 Colbath Avenue as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1962. The property's lot size has been calculated to be 6,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8901 Colbath Avenue has a total of 1,278 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source. The property was last sold in Jul 7, 1995 for $124,000. That's $97.03 per sqft. Prior to that sales transaction, the property was also sold in Dec 28, 1994 for $121,000. 8901 Colbath Avenue was last assessed in 2023. The total value of the property was assessed at $277,615. Specifically, the land the property is located on was valued at $95,468. While improvements on the property were assessed at a total of $182,147. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $3,357. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,278
  • Building Area: 1,278
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,278
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 15442
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: *TR=15442 LOT/SEC 52

Ownership

  • Current Owner : SANTAMARIA RAFAEL
  • Current Owner 2: AGUILAR JOSE ALFREDO
  • Previous Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Owner Before Previous Owner: HAGOPIAN ZARMINEH
  • Owner Before Previous Owner 2: HAGOPIAN LALE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 119900

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 8-E6
  • Subdivision Tract Number: 15442
  • Parcel: 2639-036-035
  • Lot: 52
  • Municipality: NORTH /PANORAMA CITY
  • Latitude: 34.2316
  • Longitude: -118.441

    Address

  • Full Address: 8901 Colbath Ave
  • Address - House Number: 8901
  • Address - Street Name: Colbath
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Panorama City
  • Carrier Code: C006
  • 4-Digit Zip Code: 2611
  • Zip Code: 91402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,357
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2349
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 67
  • Final Value: 706,096
  • High Value: 872,008
  • Low Value: 540,183

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $123,109
  • First Open Lien Mortgage Lender: NORTH VALLEY FUNDING
  • First Open Lien Mortgage Recording Date: Aug 25, 1995
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $123,109
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2025

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,615
  • Assessed Land Value: $95,468
  • Assessed Improvements Value: $182,147

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 07, 1995
  • Current Sale Recording Date: Aug 25, 1995
  • Current Sale Transaction ID: 1003166019
  • Current Sale Price: $124,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 95-1396043
  • Previous Sale Recording Date: Dec 30, 1994
  • Previous Sale Contract Date: Dec 28, 1994
  • Previous Sale Amount: $121,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: NORTH VALLEY FUNDING
  • First Mortgage Transaction Date: Aug 25, 1995
  • First Mortgage Loan Amount: $123,109
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2025

    Financing

  • First Mortgage Financing Type: Variable

About North Valley



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Frequently Asked Questions

What neighborhood is 8901 Colbath Avenue located in?
The 8901 Colbath Avenue is a located in the neighborhood of Panorama City in North Valley, Panorama City.
What is the average sales price for listings in 8901 Colbath Avenue?
The average sales price for units in 8901 Colbath Avenue is $0 currently.

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