Seller's Agent in 2021
Carol Otero
Rodeo Realty
(818) 606-2694
6 in this area
68 Total Sales
18328 Arminta St Reseda, CA 91335
Estimated Value: $1,006,000 - $1,221,856
4
Beds
2
Baths
1,591
Sq Ft
$702/Sq Ft
Est. Value
Highlights
- 0.5 Acre Lot
- Laundry Room
- Agricultural
- Valley Academy of Arts & Sciences Rated A-
About This Home
As of December 2021Potential + here on this street to street 21,782 SF Lot. Can also be sold with adjacent property - listed separately but same owner (18320 Arminta) for approx 1 acre combined and build potentially 6 houses on both OR add an ADU on this one alone and don't develop both. Area of newer 2 story homes. Front house is a 3+1 + garage and is under market rent ($1400). Back house is 1+1 under market rent ($1350). Extra carports, parking areas, you name it. On septic. And yes, they are fixers. one DWP utility meter and separate gas meters. Tenants do not pay DWP. (long term owner of these properties BTW). drive by first
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,364
Year Built
- Built in 1940
Lot Details
- 0.5 Acre Lot
- No Common Walls
Home Design
- 1,591 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Additional Features
- Laundry Room
- Agricultural
- Septic Type Unknown
Listing and Financial Details
- Tenant pays for gas
- Tax Lot 46
- Tax Tract Number 5837
- Assessor Parcel Number 2102016033
- $610 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
- Valley
Building Details
- Rent Control
- 2 Separate Gas Meters
- Electric Expense $9,000
- Operating Expense $9,000
- Gross Income $33,000
- Net Operating Income $33,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 1, 2021
Closed on
Oct 8, 2021
Sold by
Brigham Robert E and Robert E Brigham Iii Trust
Bought by
Karan Saveed and Karan Sarla
Seller's Agent
Carol Otero
Rodeo Realty
Buyer's Agent
Carol Otero
Rodeo Realty
List Price
$1,000,000
Sold Price
$940,000
Premium/Discount to List
-$60,000
-6%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,464
Avg. Annual Appreciation
4.08%
Original Mortgage
$564,000
Interest Rate
3.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 22, 2009
Sold by
Brigham Robert
Bought by
Brigham Robert E and Robert E Brigham Iii Trust
Purchase Details
Closed on
Mar 31, 2009
Sold by
Greenpoint Mortgage Funding Inc
Bought by
Brigham Robert
Purchase Details
Closed on
Nov 24, 2008
Sold by
Stark Jimmy
Bought by
Greenpoint Mortgage Funding Inc
Purchase Details
Closed on
May 3, 2006
Sold by
Stark Rita
Bought by
Stark Jimmy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 11, 2006
Sold by
Gubins Valdis O and Gubins Hinde M
Bought by
Stark Jimmy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Karan Saveed | $940,000 | Progressive Title Company | |
| Brigham Robert E | -- | None Available | |
| Brigham Robert | $330,000 | Old Republic Title Company | |
| Greenpoint Mortgage Funding Inc | $420,000 | None Available | |
| Stark Jimmy | -- | Equity Title Company | |
| Stark Jimmy | $750,000 | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Karan Saveed | $564,000 | |
| Previous Owner | Young Stella | $150,000 | |
| Previous Owner | Stark Jimmy | $600,000 | |
| Previous Owner | Gubins Valdis O | $230,549 | |
| Previous Owner | Gubins Valdis O | $21,528 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2021 12/01/21 | Sold | $940,000 | -6.0% | $591 / Sq Ft |
| 10/07/2021 10/07/21 | Pending | -- | -- | -- |
| 09/01/2021 09/01/21 | For Sale | $1,000,000 | -- | $629 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,364 | $997,533 | $697,212 | $300,321 |
| 2024 | $12,364 | $977,975 | $683,542 | $294,433 |
| 2023 | $12,131 | $958,800 | $670,140 | $288,660 |
| 2022 | $11,581 | $940,000 | $657,000 | $283,000 |
| 2021 | $5,926 | $452,072 | $271,245 | $180,827 |
| 2020 | $5,980 | $447,437 | $268,464 | $178,973 |
| 2019 | $5,762 | $438,664 | $263,200 | $175,464 |
| 2018 | $5,546 | $430,064 | $258,040 | $172,024 |
| 2016 | $5,301 | $413,366 | $248,021 | $165,345 |
| 2015 | $5,228 | $407,158 | $244,296 | $162,862 |
| 2014 | $5,263 | $399,183 | $239,511 | $159,672 |
Source: Public Records
Agents Affiliated with this Home
-
Carol Otero
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR21193968
APN: 2102-016-033
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