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8972 Megan Avenue

8972 Megan Avenue, Canoga Park, CA 91304
House in West Hills
Sold Apr 04, 2022
$1,500,000
$889,000 by Best Capital Funding
Mortgage Due May 01, 2052
Sold Mar 17, 2020
$815,000
$540,000 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2050
8972 Megan Avenue in Canoga Park, CA was first built in 1969 and is 55 years old. Although, the building on the property was most recently renovated and altered in 1971. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 12 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 8972 Megan Avenue has 2,400 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 820 ft and the linear feet between the front and back of the lot is 1,710. In total, the area measurement of the land is 13,969 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of wood shake/ shingles. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8972 Megan Avenue sold most recently in Mar 17, 2022 for a total of $1,500,000. If you work out the math, that's approximately a cost of $625.00 per sqft. Before that, the property was also sold for $815,000 in Feb 25, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,244 in taxes each year. 8972 Megan Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,157,394. If we break it down further, the land itself was valued at $752,250. Improvements to the property, however, were assessed at a total of $405,144. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,969
  • Lot Size Depth Feet: 1,710
  • Lot Size Frontage Feet: 820
  • Total Building Area: 2,400
  • Building Area: 2,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 28109
  • Land Acres: 0.321
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 28109 LOT/SEC 77

Ownership

  • Current Owner : SAHBAZ AREK SARKIS
  • Previous Owner : SHAHABEDDIN FAGHRI
  • Owner Before Previous Owner: STRONG ELLEN D
  • Owner Before Previous Owner 2: ELLEN D STRONG 1994 FAMILY TRU
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 113232

Zoning

  • Zoning: LARE11

Geography

  • Assessors Map Reference: 6-C5
  • Subdivision Tract Number: 28109
  • Parcel: 2010-004-029
  • Lot: 77
  • Municipality: NORTH /S.W. CHATSWORTH
  • Latitude: 34.2332
  • Longitude: -118.605

    Address

  • Full Address: 8972 Megan Ave
  • Address - House Number: 8972
  • Address - Street Name: Megan
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: West Hills
  • Carrier Code: C003
  • 4-Digit Zip Code: 1331
  • Zip Code: 91304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,244
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,182,768
  • High Value: 1,446,995
  • Low Value: 918,540

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $889,000
  • First Open Lien Mortgage Lender: BEST CAPITAL FUNDING
  • First Open Lien Mortgage Recording Date: Apr 04, 2022
  • First Open Lien Mortgage Loan Amount: $889,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,157,394
  • Assessed Land Value: $752,250
  • Assessed Improvements Value: $405,144

    Sales

  • Current Sale Contract Date: Mar 17, 2022
  • Current Sale Recording Date: Apr 04, 2022
  • Current Sale Transaction ID: 11884033465
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 369304
  • Previous Sale Recording Date: Mar 17, 2020
  • Previous Sale Contract Date: Feb 25, 2020
  • Previous Sale Amount: $815,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BEST CAPITAL FUNDING
  • First Mortgage Transaction Date: Apr 04, 2022
  • First Mortgage Loan Amount: $889,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Mar 17, 2020
  • Previous Mortgage Loan Amount: $540,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2050

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Frequently Asked Questions

What neighborhood is 8972 Megan Avenue located in?
The 8972 Megan Avenue is a house located in the neighborhood of West Hills in South Valley, Canoga Park.
What is the average sales price for listings in 8972 Megan Avenue?
The average sales price for units in 8972 Megan Avenue is $0 currently.

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