Sold for $650,000

$650,000

8798 Colbath Ave, Panorama City, CA 91402

3beds

1,159sqft

Single Family Residence

Built in 1950

6,098 Square Feet Lot

$739,700 Zestimate^®

$561/sqft

$3,209 Estimated rent

Home value

$739,700

$695,000 - $784,000

$3,209/mo

Zestimate^® history

Owner options

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$3,209/mo

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$3,209/mo

Rent Zestimate^®

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$4,151/mo

Est. payment

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$4,151/mo

Est. payment

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What's special

Location!, Location!, Location. This home features 3 bedroom, 1 bathroom. It features a spacious living room and kitchen, with all bedrooms being a good size. Nice large backyard. Possibly an additional highlight is the potential of adding an ADU. Maximize your rental income. This is a fabulous opportunity to purchase a home ready for your TLC. Located near to Chase Elementary, Panorama Park, restaurants, public transportation and more.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Appliances

Laundry: Inside

Features

Flooring: Carpet, Wood/Wood Like
Has fireplace: No

Interior area

Total structure area: 1,159
Total interior livable area: 1,159 sqft

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Levels: One
Stories: 1

Lot

Size: 6,098 Square Feet
Features: Back Yard, Front Yard

Details

Parcel number: 2639037013
Special conditions: Probate Listing

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

Year built: 1950

Community & HOA

Community

Subdivision: Other

HOA

Has HOA: No

Location

Region: Panorama City

Financial & listing details

Price per square foot: $561/sqft
Tax assessed value: $663,000
Annual tax amount: $8,202
Date on market: 10/26/2023
Cumulative days on market: 12 days
Listing terms: Submit,Conventional,Cash,Other

Price history

Date	Event	Price
12/6/2023	Sold	$650,000+5.7%$561/sqft
Source: CSMAOR #223004298 Report a problem
11/7/2023	Pending sale	$615,000$531/sqft
Source: CRMLS #223004298 Report a problem
10/26/2023	Listed for sale	$615,000$531/sqft
Source: CRMLS #223004298 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,202 +1%	$663,000 +2%
2024	$8,119 +658.5%	$650,000 +835.9%
2023	$1,070 +4.1%	$69,454 +2%
2022	$1,028 +1.8%	$68,093 +2%
2021	$1,009 -0.4%	$66,759 +1%
2020	$1,013	$66,075 +2%
2019	$1,013 +13.8%	$64,780 +2%
2018	$890	$63,510 +2%
2017	$890 +2.3%	$62,266 +2%
2016	$870 +3.9%	$61,047 +1.5%
2015	$837 0%	$60,131 +2%
2014	$837	$58,955 +2.5%
2012	--	$57,539 +2%
2011	--	$56,412 +0.8%
2010	--	$55,992 -0.2%
2009	--	$56,126 +2%
2008	--	$55,026 +2%
2007	--	$53,948 +2%
2006	--	$52,891
2005	--	$52,891 +4%
2004	--	$50,839 +1.9%
2003	--	$49,909 +2%
2002	--	$48,932 +4%
2000	--	$47,033