$520,000
SOLD APR 13, 2017

7001 Balcom Ave Reseda, CA 91335

3 Beds
2 Baths
1,490 Sq Ft
6,689 Sq Ft Lot

Recently Sold

$349 Per Sq Ft

2% Above List Price

129 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • No HOA
  • Back Yard
  • Corner Lot
  • Central Heating and Cooling System

About This Home

As of October 2021

Opportunity knocks! 3+2, remodeled kitchen, wood floors, huge master with french doors and oversized brick fireplace, tons of light; windows, plumbing, heating & air, and sewer line to the street, have all been recently replaced, and there is RV access. The property is located on a large sweeping corner lot with a beautiful weeping willow in front. Tree lined street and a great neighborhood close to all! Property needs a few touches here and there, but it is priced to sell!

Last Agent to Sell the Property

Dean Abston

Berkshire Hathaway HomeServices California Properties License #01202855 Listed on: 11/04/2016

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Vicky Mirisch

Pinnacle Estate Properties License #01328801

Pinnacle Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,761

Year Built

  • Built in 1949

Lot Details

  • 6,689 Sq Ft Lot
  • Corner Lot
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • 1,490 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 49
  • Tax Tract Number 13358
  • Assessor Parcel Number 2121029010

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,761

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2121029010
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1490.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 348.99
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Lot 6500-9999
  • Lot Size Sq Ft: 6689.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 1323.00
  • Tax Lot: 49
  • Tax Tract Number: 13358

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 2, 2021
Sold by
Innocenzi Joseph Sanford and Innocenzi Melissa Englander
Bought by
Yaghobei Henrik and Harotonian Helen
Seller's Agent
Vicky Mirisch
Pinnacle Estate Properties
Buyer's Agent
Tereza Toramanyan
Coldwell Banker Hallmark
List Price
$775,000
Sold Price
$755,000
Premium/Discount to List
-$20,000
-2.58%
Current Estimated Value
$902,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,412
Avg. Annual Appreciation
5.28%
Original Mortgage
$717,000
Outstanding Balance
$658,079
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$260,405

Purchase Details

Listed on
Nov 4, 2016
Closed on
Mar 27, 2017
Sold by
Holmes Brian David and Holmes Rafaela Saballos
Bought by
Innocenzi Joseph Sanford and Innocenzi Melissa Englander
Seller's Agent
Dean Abston
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Vicky Mirisch
Pinnacle Estate Properties
List Price
$509,000
Sold Price
$520,000
Premium/Discount to List
$11,000
2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$510,581
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2010
Sold by
Holmes Brian David and Holmes Rafaela Saballos
Bought by
Holmes Brian David and Holmes Rafaela Saballos

Purchase Details

Closed on
Dec 12, 2006
Sold by
Holmes Brian D
Bought by
Holmes Rafaela S

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
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2002
Sold by
Dolson Gail J
Bought by
Holmes Brian D and Holmes Rafaela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.06%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 14, 1995
Sold by
Abernathy Susan J and The Pasta Trust
Bought by
Dolson Gail J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.63%
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 Type Sale Price Title Company
Grant Deed $755,000 Priority Title Camarillo
Grant Deed $520,000 California Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Investors Title Company
Grant Deed $280,000 First American Title Co
Individual Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $92,600 Credit Line Revolving
Open $717,000 New Conventional
Previous Owner $20,225 FHA
Previous Owner $510,581 FHA
Previous Owner $100,000 New Conventional
Previous Owner $42,000 Stand Alone Second
Previous Owner $223,950 Purchase Money Mortgage
Previous Owner $157,500 No Value Available
Closed $42,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Rented $3,900 0.0% --
04/14/2022 04/14/22 Off Market $3,900 -- --
03/30/2022 03/30/22 For Rent $3,900 0.0% --
10/01/2021 10/01/21 Sold $755,000 +1.3% $507 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/30/2021 08/30/21 Price Changed $745,000 -0.5% $500 / Sq Ft
08/25/2021 08/25/21 Price Changed $749,000 -2.1% $503 / Sq Ft
08/23/2021 08/23/21 Price Changed $765,000 -1.3% $513 / Sq Ft
08/12/2021 08/12/21 For Sale $775,000 +49.0% $520 / Sq Ft
04/13/2017 04/13/17 Sold $520,000 +2.2% $349 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
11/04/2016 11/04/16 For Sale $509,000 -- $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
2024 $9,761 $785,501 $628,401 $157,100
2023 $9,574 $770,100 $616,080 $154,020
2022 $9,131 $755,000 $604,000 $151,000
2021 $6,790 $557,543 $446,035 $111,508
2019 $9,363 $541,007 $432,806 $108,201
2018 $6,511 $530,400 $424,320 $106,080
2016 $4,308 $342,559 $268,544 $74,015
2015 $4,247 $337,415 $264,511 $72,904
2014 $4,268 $330,806 $259,330 $71,476
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16738410

California Regional Multiple Listing Service (CRMLS)

APN: 2121-029-010