$480,000
SOLD MAR 29, 2017

7048 Rhea Ave Reseda, CA 91335

2 Beds
2 Baths
1,080 Sq Ft
6,004 Sq Ft Lot

Recently Sold

$444 Per Sq Ft

6% Below List Price

94 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • No HOA
  • Updated Kitchen
  • Wood Flooring
  • Neighborhood Views

About This Home

As of November 2022

REDUCED PRICE!! Move in condition Reseda home. The entry leads to the living room. Remodeled kitchen with island and newer cabinets. New interior and exterior paint. New Laminate wood flooring throughout 2 bed/2 full bath, Great master Bed and master bath, new vanities. Central Air&Heating. Spacious backyard with a beautiful pool and spa. 1 car attached garage but you can park 4 car in the driveway, This home will not last long! Close to schools, malls and main streets. HURRY UP! SELLER VERY MOTIVATED.

Last Agent to Sell the Property

Jose Leon

Excellence RE Real Estate License #01871584 Listed on: 10/10/2016

Excellence RE Real Estate

Last Buyer's Agent

Allen Brodetsky

Boutique Realty License #01502392

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,235

Year Built

  • Built in 1956

Lot Details

  • 6,004 Sq Ft Lot
  • Wood Fence
  • Rectangular Lot
  • Property is zoned LAR1

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,080 Sq Ft Home
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Stone Porch or Patio
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5236
  • Assessor Parcel Number 2126011015

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,235

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2126011015
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1080.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 444.44
  • Room Type: All Bedrooms Down
  • Spa Features: In Ground
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete, Stone
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Composition, Shingle
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Electric, Natural Gas
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6004.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 1310.20
  • Tax Lot: 1
  • Tax Tract Number: 5236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 18, 2022
Sold by
Morreale Jeffrey and Morreale Lauren
Bought by
Linares Miguel and Gualichico Michelle
Seller's Agent
Allen Brodetsky
Boutique Realty
Buyer's Agent
Danny Cassese
eXp Realty of California Inc
List Price
$749,000
Sold Price
$735,000
Premium/Discount to List
-$14,000
-1.87%
Views
21
Current Estimated Value
$842,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,705
Avg. Annual Appreciation
4.97%
Original Mortgage
$588,000
Outstanding Balance
$568,850
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$273,855

Purchase Details

Closed on
Jan 19, 2017
Sold by
Guevara Rodolfo
Bought by
Morreale Jeffrey and Morreale Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,306
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 16, 2016
Closed on
Aug 8, 2016
Sold by
Giron Susan Sofia
Bought by
Avila Carlos
Seller's Agent
Steven Drust
Nelson Shelton & Associates
Buyer's Agent
Steven Drust
Nelson Shelton & Associates
List Price
$385,000
Sold Price
$365,000
Premium/Discount to List
-$20,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%
Original Mortgage
$250,000
Interest Rate
3.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2016
Sold by
Hernandez Jason Tracy
Bought by
Derderian Cynthia Louise

Purchase Details

Closed on
Oct 11, 2010
Sold by
Hernandez Jason
Bought by
Hernandez Jason Tracy and Derderian Cynthia Louise

Purchase Details

Closed on
Sep 28, 2007
Sold by
Hernandez Jason T
Bought by
Hernandez Jason

Purchase Details

Closed on
May 19, 2005
Sold by
Hernandez Jason T
Bought by
Hernandez Jason T and Hernandez Trinidad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2003
Sold by
Hernandez Trini
Bought by
Hernandez Jason T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2000
Sold by
White Linda A
Bought by
Hernandez Jason T and Hernandez Trini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,228
Interest Rate
8.38%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $735,000 Lawyers Title
Grant Deed $480,000 Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $365,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Home Connects Title
Interfamily Deed Transfer -- Southland Title
Grant Deed $155,500 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $588,000 New Conventional
Previous Owner $104,215 Unknown
Previous Owner $471,306 FHA
Previous Owner $250,000 Purchase Money Mortgage
Previous Owner $50,000 Purchase Money Mortgage
Previous Owner $60,000 Stand Alone Second
Previous Owner $315,000 Purchase Money Mortgage
Previous Owner $262,500 Unknown
Previous Owner $208,000 Purchase Money Mortgage
Previous Owner $153,964 FHA
Previous Owner $43,196 Stand Alone Second
Previous Owner $43,196 Stand Alone Second
Previous Owner $153,243 FHA
Previous Owner $43,176 Stand Alone Second
Previous Owner $153,303 FHA
Previous Owner $153,854 FHA
Previous Owner $154,228 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Sold $735,000 +1.4% $681 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
10/03/2022 10/03/22 Price Changed $724,500 -3.3% $671 / Sq Ft
09/15/2022 09/15/22 For Sale $749,000 +56.0% $694 / Sq Ft
03/29/2017 03/29/17 Sold $480,000 -5.9% $444 / Sq Ft
01/12/2017 01/12/17 Pending -- -- --
10/10/2016 10/10/16 For Sale $510,000 +39.7% $472 / Sq Ft
08/22/2016 08/22/16 Sold $365,000 -5.2% $338 / Sq Ft
04/16/2016 04/16/16 For Sale $385,000 -- $356 / 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 $9,235 $764,693 $611,755 $152,938
2024 $9,235 $749,700 $599,760 $149,940
2023 $9,056 $735,000 $588,000 $147,000
2022 $6,353 $524,946 $419,958 $104,988
2021 $6,275 $514,654 $411,724 $102,930
2019 $6,088 $499,391 $399,513 $99,878
2018 $6,002 $489,600 $391,680 $97,920
2016 $3,168 $255,182 $156,317 $98,865
2015 $3,122 $251,349 $153,969 $97,380
2014 $3,141 $246,426 $150,953 $95,473
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16722602

California Regional Multiple Listing Service (CRMLS)

APN: 2126-011-015