Price Reduction! This beautiful one story ranch style home is on an expansive corner lot in prime Tarzana (south of the Boulevard). A formal entry opens to a living room with a fireplace and a dining room where French doors open to your private serene backyard equipped with a sports court, a putting green and a grass area with a kids playset. This home offers 5 bedrooms (5th bedroom currently being used as an office) and three full bathrooms. A large eat-in kitchen with granite counters, stainless steel appliances and tons of storage space, with direct access to a 2 car garage. Wood and travertine floors throughout.
The primary bedroom with direct access to the backyard, leads to an en suite with a large oversized shower. Located in Wilbur Ave. Elementary school district, this home is move in ready and easy to show!
Sold for $1,600,000
Listed by: Coldwell Banker Realty • Paula Weiser • Contact: 818-540-4065
Bought with: Royal Rep Realty, Inc.
Tax assessed value
$1,600,000
4966 Palo Dr, Tarzana, CA 91356
5beds
2,342sqft
Single Family Residence
Built in 1961
0.29 Acres Lot
$1,668,500 Zestimate®
$683/sqft
$6,647 Estimated rent
Home value
$1,668,500
$1.55M - $1.80M
$6,647/mo
Zestimate® history
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$10,274/mo
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Zillow last checked:
Listing updated:
Listed by:
Paula Weiser DRE #01384493 818-822-2555,
Coldwell Banker Realty
Bought with:
Jamal Behpoornia, DRE #01743108
Royal Rep Realty, Inc.
Source: CRMLS,MLS#: SR24132831
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 5
Rooms
- Room types: Bedroom, Family Room, Guest Quarters
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Bathtub, Dual Sinks, Stone Counters, Separate Shower, Tub Shower
Kitchen
- Features: Granite Counters, Kitchen Island, Self-closing Cabinet Doors
Heating
- Central
Cooling
- Central Air
Appliances
- Included: 6 Burner Stove, Built-In Range, Gas Oven, Tankless Water Heater
- Laundry: In Garage
Features
- Breakfast Area, Eat-in Kitchen, Granite Counters, Paneling/Wainscoting, Recessed Lighting, All Bedrooms Down
- Flooring: Stone, Wood
- Doors: Double Door Entry, French Doors
- Windows: Blinds
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,342 sqft
Property
Parking
- Total spaces: 2
- Parking features: Circular Driveway, Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Ground Level
- Patio & porch: Front Porch, Open, Patio
- Exterior features: Lighting
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.29 Acres
- Features: Back Yard, Corner Lot, Sprinklers In Rear, Sprinklers In Front, Landscaped, Sprinkler System, Yard
Details
- Parcel number: 2175034018
- Zoning: LARA
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1961
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Street Lights, Sidewalks
- Security: Security System
Location
- Region: Tarzana
Financial & listing details
- Price per square foot: $683/sqft
- Tax assessed value: $1,600,000
- Annual tax amount: $19,624
- Date on market: 7/9/2024
- Cumulative days on market: 57 days
- Listing terms: Cash to Existing Loan,Conventional
- Exclusions: Garage Refrigerator and Washer/Dryer, wine refrigerator
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/21/2024 | Sold | $1,600,000-3%$683/sqft |
Source:  CRMLS #SR24132831 Report a problem | ||
| 9/5/2024 | Contingent | $1,650,000$705/sqft |
Source: CRMLS #SR24132831 Report a problem | ||
| 8/21/2024 | Price change | $1,650,000-2.9%$705/sqft |
Source: CRMLS #SR24132831 Report a problem | ||
| 7/30/2024 | Price change | $1,699,000-3.7%$725/sqft |
Source: CRMLS #SR24132831 Report a problem | ||
| 7/9/2024 | Listed for sale | $1,765,000+26.1%$754/sqft |
Source: CRMLS #SR24132831 Report a problem | ||
| 1/12/2021 | Sold | $1,400,000+8.1%$598/sqft |
Source: CRISNet / SRAR #SR20241709 Report a problem | ||
| 12/16/2020 | Pending sale | $1,295,000$553/sqft |
Source: Elite Equity Consultants, Inc. #SR20241709 Report a problem | ||
| 11/24/2020 | Listed for sale | $1,295,000+54.9%$553/sqft |
Source: Elite Equity Consultants, Inc. #SR20241709 Report a problem | ||
| 10/18/2013 | Sold | $836,000$357/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,624 +7.4% | $1,600,000 +7.7% |
| 2024 | $18,275 +2% | $1,485,690 +2% |
| 2023 | $17,921 +4.7% | $1,456,560 +2% |
| 2022 | $17,110 +0.1% | $1,428,000 +50.8% |
| 2021 | $17,096 +45.2% | $946,771 +1% |
| 2020 | $11,772 | $937,064 +2% |
| 2019 | $11,772 +4.9% | $918,691 +2% |
| 2018 | $11,218 | $900,678 +2% |
| 2017 | $11,218 +2.2% | $883,018 +2% |
| 2016 | $10,976 +2.5% | $865,705 +1.5% |
| 2015 | $10,709 +1.1% | $852,702 +2% |
| 2014 | $10,594 | $836,000 +538.5% |
| 2012 | -- | $130,929 +2% |
| 2011 | -- | $128,363 +0.8% |
| 2010 | -- | $127,405 -0.2% |
| 2009 | -- | $127,709 +2% |
| 2008 | -- | $125,205 +2% |
| 2007 | -- | $122,751 +2% |
| 2006 | -- | $120,345 |
| 2005 | -- | $120,345 +4% |
| 2004 | -- | $115,674 +1.9% |
| 2003 | -- | $113,555 +2% |
| 2002 | -- | $111,329 +4% |
| 2000 | -- | $107,008 |
Find assessor info on the county website
Neighborhood: Tarzana
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Nearby schools
GreatSchools rating
- 8/10Wilbur Charter For Enriched AcademicsGrades: K-5Distance: 0.7 mi
- 9/10Gaspar De Portola Middle SchoolGrades: 6-8Distance: 0.9 mi
- 9/10Taft Charter HighGrades: 9-12Distance: 1.1 mi
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Estimated market value
$1,668,500
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Estimated market value
$1,668,500
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