NOT LISTED FOR SALE

18551 Vanowen St Reseda, CA 91335

Estimated Value: $790,000 - $972,000

3 Beds
4 Baths
1,429 Sq Ft
$613/Sq Ft Est. Value

Last Sold January 13, 2016

Last sale price $455,000 $318 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,214/month

Highlights

  • No Units Above
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • All Bedrooms Downstairs
  • Wet Bar
  • Laundry Room

About This Home

As of January 2016

Mid-Valley duplex with a newer permitted addition to rear unit. The add-on section is 15X19, consisting of a large room with wet bar, bathroom & its own separate entrance as well that's perfect for in-law or teenager needing their own privacy. Although the add-on section is permitted, property is being sold as a "DUPLEX" only, and NOT a triplex. Both original units do have their own laundry inside them. Close to shopping, transportation & job centers. Prospective buyers must rely solely and entirely on their own independent investigations of any and all aspects of the property prior to purchasing.

Last Agent to Sell the Property

Kris Armand

Foresight Rlty & Inv. License #00775942 Listed on: 10/19/2015

Last Buyer's Agent

May Motamedi

Realty America Group License #01262095

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,628

Year Built

  • Built in 1952

Lot Details

  • 5,005 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,429 Sq Ft Home
  • Wet Bar
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Utilities

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

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 8590
  • Assessor Parcel Number 2126023002

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Valley

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $840
  • Gardener Expense $840
  • Insurance Expense $750
  • New Taxes Expense $6,000
  • Gross Income $32,400
  • Net Operating Income $23,828

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,628

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 818-343-3300
  • Other Phone Number: 818-343-3300
  • Property Attached: Yes
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 2126023002
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Wet Bar
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 318.40
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Valley

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 5005.00
  • Price Per Lot Square Foot: 90.91
  • Lot Size Acres: 0.1150

Multi Family

  • Electric Expense: 840.00
  • Gross Income: 32400.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 750.00
  • Lot Size Area: 5005.0000 Square Feet
  • Net Operating Income: 23828.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 8572.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Lot: 31
  • Tax Tract Number: 8590

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2015
Closed on
Dec 28, 2015
Sold by
Akbar Afsaneh Fatemeh
Bought by
Ehsaninia Mohammad
Seller's Agent
Kris Armand
Foresight Rlty & Inv.
Buyer's Agent
May Motamedi
Realty America Group
List Price
$469,000
Sold Price
$455,000
Premium/Discount to List
-$14,000
-2.99%
Current Estimated Value
$875,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,786
Avg. Annual Appreciation
6.96%
Original Mortgage
$330,000
Outstanding Balance
$261,939
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$613,847

Purchase Details

Listed on
Oct 19, 2015
Closed on
Nov 19, 2015
Sold by
Lerma Angel
Bought by
Ehsaninia Mohammad
Seller's Agent
Kris Armand
Foresight Rlty & Inv.
Buyer's Agent
May Motamedi
Realty America Group
List Price
$469,000
Sold Price
$455,000
Premium/Discount to List
-$14,000
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$261,939
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$613,847

Purchase Details

Closed on
May 27, 2009
Sold by
Lerma Luisa M
Bought by
Lerma Angel

Purchase Details

Closed on
Feb 24, 2009
Sold by
Miramontes Juan M
Bought by
Lerma Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,750
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2006
Sold by
Watson Lorraine Arlene
Bought by
Miramontes Juan M and Miramontes Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,200
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2004
Sold by
Amir Ephraim
Bought by
Watson Lorraine Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 1999
Sold by
Long C Michael
Bought by
Amir Ephraim and Amir Anat T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.95%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Ehsaninia Mohammad -- Title 365
Ehsaninia Mohammad $455,000 Title 365
Lerma Angel -- Lawyers Title
Lerma Angel $201,000 Lawyers Title
Miramontes Juan M $509,000 Financial Title Company
Watson Lorraine Arlene $340,000 Ticor Title Company Of Ca
Amir Ephraim $125,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ehsaninia Mohammad $330,000
Previous Owner Lerma Angel $150,750
Previous Owner Miramontes Juan M $407,200
Previous Owner Watson Lorraine Arlene $272,000
Previous Owner Amir Ephraim $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2016 01/13/16 Sold $455,000 -3.0% $318 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $469,000 -- $328 / 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 $6,628 $538,621 $313,704 $224,917
2024 $6,628 $528,060 $307,553 $220,507
2023 $6,502 $517,707 $301,523 $216,184
2022 $6,202 $507,557 $295,611 $211,946
2021 $6,124 $497,606 $289,815 $207,791
2019 $5,943 $482,849 $281,220 $201,629
2018 $5,828 $473,382 $275,706 $197,676
2016 $4,994 $407,156 $239,318 $167,838
2015 $4,922 $401,041 $235,724 $165,317
2014 $4,948 $393,186 $231,107 $162,079
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15228716

California Regional Multiple Listing Service (CRMLS)

APN: 2126-023-002