NOT LISTED FOR SALE

6818 Rhea Ave Reseda, CA 91335

Estimated Value: $724,000 - $868,000

3 Beds
2 Baths
1,469 Sq Ft
$555/Sq Ft Est. Value

Last Sold January 10, 2019

Last sale price $530,000 $361 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,914/month

Highlights

  • Detached Guest House
  • Lawn
  • Cooling System Mounted To A Wall/Window
  • Recreation Room
  • No HOA
  • Laundry Room

About This Home

As of January 2019

GREAT opportunity for a first time home buyer, and/or your first investment! This single family home with its very own guest quarters in the back, has so much to offer. Fresh paint throughout the main home and guest house, both interior and exterior. Located in the suburbs of Reseda, within walking distance of Reseda Park and Recreation Center, this home has secure, gated entry, and plenty of parking space. The main home features 3 bedrooms, and 1 bathroom, a recently upgraded roof over the garage and electrical panel. The guest unit at the rear of the lot, (not attached to the main house) is 530 square feet, and already set up for your in-laws, guests, or an extra tenant for additional income. The unit has been updated with laminate dark wood flooring, high ceilings for a roomier feel, and bathroom . Most of the hard work has been done for you! Come ready to put your offer in, this home won't last long! Buyer to verify square footage and room count.

Last Agent to Sell the Property

Joe Campos

Beverly and Company, Inc. License #01905602 Listed on: 10/17/2018

Last Buyer's Agent

Parvaneh Ghorbani

United Realty Group License #01826356

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,128

Year Built

  • Built in 1949

Lot Details

  • 5,508 Sq Ft Lot
  • Lawn
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Parking Available
  • Brick Driveway

Interior Spaces

  • 1,469 Sq Ft Home
  • 1-Story Property
  • Recreation Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Mulholland Middle School
  • Reseda High School

Additional Features

  • Exterior Lighting
  • Detached Guest House
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 8590
  • Assessor Parcel Number 2126025014

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,128

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2126025014
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1469.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 360.79
  • Room Type: All Bedrooms Down, Recreation

Exterior Features

  • Other Structures: Guest House Detached
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Asphalt, Driveway - Brick, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Los Angeles Unified
  • Middle School: Mulholland
  • High School: Reseda
  • High School: Reseda
  • Middle Or Junior School: Mulholland
  • High School2: RESEDA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 5508.00
  • Lot Size Acres: 0.1264

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5508.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1310.20
  • Tax Lot: 17
  • Tax Tract Number: 8590

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
Nov 15, 2018
Sold by
Manalansan Martin
Bought by
Ghadami Gholamreza
Seller's Agent
Joe Campos
Beverly and Company, Inc.
Buyer's Agent
Parvaneh Ghorbani
United Realty Group
List Price
$519,999
Sold Price
$530,000
Premium/Discount to List
$10,001
1.92%
Current Estimated Value
$814,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,907
Avg. Annual Appreciation
6.58%
Original Mortgage
$512,311
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 11, 2015
Closed on
Jul 10, 2015
Sold by
Matoos Family Trust
Bought by
Manalansan Martin
Seller's Agent
Kami Shahab
Access Realty and Finance
Buyer's Agent
Virgilio Tan
No Firm Affiliation
List Price
$385,000
Sold Price
$390,000
Premium/Discount to List
$5,000
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Original Mortgage
$382,936
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 2010
Sold by
Matoos Masis and Matoos Masis Matevosian
Bought by
Matoos Masis and The Matoos Family Trust

Purchase Details

Closed on
May 17, 2004
Sold by
Matoos Masis and Matoos Family Trust
Bought by
Matoos Masis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2002
Sold by
Matoos Masis
Bought by
Matoos Masis and The Matoos Family Trust

Purchase Details

Closed on
Sep 30, 1993
Sold by
Hinkey Joyce D and The Collins Irrevocable Trust
Bought by
Matoos Masis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
6.91%
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
Ghadami Gholamreza $530,000 Wfg Title Company
Manalansan Martin $390,000 Lawyers Title
Matoos Masis -- None Available
Matoos Masis -- None Available
Matoos Masis -- First American Title Ins Co
Matoos Masis -- --
Matoos Masis $99,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ghadami Gholamreza $512,311
Previous Owner Manalansan Martin $382,936
Previous Owner Matoos Masis $84,000
Previous Owner Matoos Masis $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2019 01/10/19 Sold $530,000 +1.9% $361 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $519,999 +33.3% $354 / Sq Ft
09/01/2015 09/01/15 Sold $390,000 +1.3% $265 / Sq Ft View Prior Sale
06/16/2015 06/16/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $385,000 -- $262 / 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 $7,128 $591,220 $368,119 $223,101
2024 $7,128 $579,628 $360,901 $218,727
2023 $6,990 $568,264 $353,825 $214,439
2022 $6,664 $557,123 $346,888 $210,235
2021 $6,582 $546,200 $340,087 $206,113
2019 $1,389 $413,870 $331,096 $82,774
2018 $4,903 $405,755 $324,604 $81,151
2016 $4,681 $390,000 $312,000 $78,000
2015 $2,483 $198,551 $134,738 $63,813
2014 $2,499 $194,662 $132,099 $62,563
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18245833

California Regional Multiple Listing Service (CRMLS)

APN: 2126-025-014