NOT LISTED FOR SALE

17738 Lanark St Reseda, CA 91335

Estimated Value: $776,000 - $926,315

4 Beds
2 Baths
1,610 Sq Ft
$540/Sq Ft Est. Value

Last Sold December 10, 2019

Last sale price $539,000 $335 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,195/month

Highlights

  • Valley View
  • Traditional Architecture
  • 2 Car Attached Garage
  • Valley Academy of Arts & Sciences Rated A-
  • No HOA
  • Eat-In Kitchen

About This Home

As of December 2019

Great Investor Opportunity! Northridge adjacent!!! THIS HOME HAS ADU! ADU! written all over it. This 4 Bedroom 2 Bath Reseda home with a Converted Garage with Permit is perfect for Investors! As you walk in the house, you are greeted by the Bright and Open Living Room with Custom Crown Molding. The Kitchen has an abundance of storage and is open to the Dining Area, which features a Ceiling Fan. The Laundry Room is in a separate room off the Kitchen. Down the hallway are the 4 Bedrooms and 2 Baths. One Bedroom features a ceiling fan. One Bathroom has Tile flooring while the other is Laminate flooring. The converted Garage features a Ceiling Fan, Wall Furnace, and Wall A/C with its own private entrance on the side. The Backyard is large with lots of privacy and fruit trees. There is a huge covered patio that could possibly be enclosed with permit. This home has Custom Stonework on the front of the house, a newer roof, was built on slab foundation and has a large cement 4 Car driveway in addition to the 2 Car Carport. Excellent way to fix and make some good income. This home is close to transportation, shopping and schools.

Last Agent to Sell the Property

Michael Volante

Pinnacle Estate Properties, Inc. License #00969329 Listed on: 08/06/2019

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

Giovanni Ortega

Go Real Estate Group License #01806840

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,067

Year Built

  • Built in 1954

Lot Details

  • 7,893 Sq Ft Lot
  • Back Yard
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • Carport
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,610 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Living Room
  • Valley Views
  • Eat-In Kitchen
  • Laundry Room

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 132
  • Tax Tract Number 18167
  • Assessor Parcel Number 2101005008

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,067

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Traditional
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2101005008
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1610.00 Square Feet
  • Interior Amenities: Crown Molding
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Vinyl
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 334.78
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Foundation: Slab
  • View: Valley
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7893.00
  • Lot Size Acres: 0.1812

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7893.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1313.00
  • Tax Lot: 132
  • Tax Tract Number: 18167

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2019
Closed on
Nov 6, 2019
Sold by
Magnum Property Investments Llc
Bought by
Ortega Giancarlo and Ortega Carolina
Seller's Agent
Michael Volante
Pinnacle Estate Properties, Inc.
Buyer's Agent
Giovanni Ortega
Go Real Estate Group
List Price
$550,000
Sold Price
$539,000
Premium/Discount to List
-$11,000
-2%
Current Estimated Value
$868,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,829
Avg. Annual Appreciation
8.58%
Original Mortgage
$424,000
Outstanding Balance
$374,118
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$494,711

Purchase Details

Closed on
Feb 19, 2019
Sold by
Guzman Sanchez Connie
Bought by
Magnum Property Investments Llc
Source: Public Records

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ortega Giancarlo $530,000 Fidelity National Title
Magnum Property Investments Llc $466,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega Giancarlo $424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2019 12/10/19 Sold $539,000 -2.0% $335 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $550,000 -- $342 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,067 $579,627 $463,703 $115,924
2024 $7,067 $568,262 $454,611 $113,651
2023 $6,931 $557,121 $445,698 $111,423
2022 $6,612 $546,198 $436,959 $109,239
2021 $6,526 $535,490 $428,392 $107,098
2019 $5,640 $82,433 $25,021 $57,412
2018 $1,076 $80,818 $24,531 $56,287
2016 $1,008 $77,681 $23,579 $54,102
2015 $994 $76,515 $23,225 $53,290
2014 $1,007 $75,018 $22,771 $52,247
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19187332

California Regional Multiple Listing Service (CRMLS)

APN: 2101-005-008