$365,000
SOLD AUG 22, 2016

7048 Rhea Ave Reseda, CA 91335

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

Recently Sold

$338 Per Sq Ft

5% Below List Price

92 Days on Market

Highlights

  • In Ground Pool
  • Evaporated cooling system
  • 1-Story Property
  • Dining Room

About This Home

As of November 2022

SPECIAL NOTE: NO SHOWING UNTIL JULY 6, 2016. FIXER-UPPER IN RESEDA. PRICED TO SELL. 2 BEDROOMS / 2 BATHROOMS. LIVING ROOM, DINING ROOM, AND KITCHEN. LARGE REAR YARDWITH POOL/SPA. EVERYTHING NEEDS WORK SO BRING YOUR CREATIVE BUILDERS AND BUYERS. GOOD SIZED LOT. COULD BE GOOD FOR A FLIPPER.

Last Agent to Sell the Property

Steven Drust

Nelson Shelton & Associates License #00624306 Listed on: 04/16/2016

Nelson Shelton & Associates

Last Buyer's Agent

Steven Drust

Nelson Shelton & Associates License #00624306 Listed on: 04/16/2016

Nelson Shelton & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,235

Year Built

  • Built in 1956

Lot Details

  • 6,004 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Driveway

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Evaporated cooling system
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 2126-011-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,235

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Living Area: 1080
  • Stories: 1
  • Year Built: 1956
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Mixed
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 356.48

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage - 1 Car

Utilities

  • Water Heater: Gas
  • Cooling: Evaporative
  • Sewer: Septic Tank
  • Water: Public

Lot Info

  • Assessor Parcel Number: 2126-011-015
  • Geocode Override: No
  • Lot Size Area: 6004

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: The MLS

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

  • Allen Brodetsky

    Seller's Agent in 2022

    Allen Brodetsky

    Boutique Realty

    (818) 881-8883

    1 in this area

    61 Total Sales

    Allen Brodetsky
    Section Image

  • D

    Buyer's Agent in 2022

    Danny Cassese

    eXp Realty of California Inc

    (888) 584-9427

    1 in this area

    43 Total Sales

    Danny Cassese
    Section Image

  • J

    Seller's Agent in 2017

    Jose Leon

    Excellence RE Real Estate

    (562) 948-4553

    5 Total Sales

    Jose Leon
    Section Image

  • S

    Seller's Agent in 2016

    Steven Drust

    Nelson Shelton & Associates

    (310) 733-7487

    6 Total Sales

    Steven Drust
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 16-116146

The MLS

APN: 2126-011-015

California Los Angeles County Reseda 91335

7048 Rhea Ave, Reseda, CA

This home is located at 7048 Rhea Ave, Reseda, CA 91335 and is currently priced at $365,000, approximately $337 per square foot. This property was built in 1956. 7048 Rhea Ave is a home located in Los Angeles County with nearby schools including Reseda Elementary School, William Mulholland Middle, and Magnolia Science Academy.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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