NOT LISTED FOR SALE

7111 Farralone Ave Unit 92 Canoga Park, CA 91303

Canoga Park Neighborhood

Estimated Value: $483,266 - $520,000

2 Beds
1 Bath
868 Sq Ft
$498/mo HOA Fee

Last Sold March 08, 2024

Last sale price $480,000 $553 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,563/month

101 Days on Market

Highlights

  • In Ground Pool
  • River View
  • Tennis Courts
  • Gated Community
  • 3.91 Acre Lot
  • Balcony

About This Home

As of March 2024

Welcome to the resort-like ambiance in this charming Canoga Lakes upstairs 2 bedroom unit with vaulted ceilings and a spacious finished loft area. This unit has open floor living area with sliding door to the balcony with overview the water fountains and green area. This balcony is perfect for having your coffee and relaxing with your family or friends. Kitchen with plenty cabinets and appliances, laundry in the hall closet and a lot of storage. This magnificent gated complex boasts lakes, ponds, streams, water fountains and walking paths throughout the 17+ acres. Amenities include swimming pools, spas, saunas, lighted tennis and gym. This is a great floor plan includes: vaulted ceilings, indoor laundry area, spacious kitchen, finished loft/attic space and a large balcony. Don't miss out on this opportunity to own in the prestigious Canoga Lakes community.

Last Agent to Sell the Property

Mahboubeh Miandarbandi

RE/MAX One License #01728249 Listed on: 10/16/2023

RE/MAX One

Co-Listed By

Katrin Ghadi

RE/MAX One License #02058704

Last Buyer's Agent

Frances Tinsley

TTIC Residential/Commercial License #00975735

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,019

Year Built

  • Built in 1977

Lot Details

  • Gated Home

HOA Fees

  • $498 Monthly HOA Fees

Property Views

  • River
  • Park or Greenbelt

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 868 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Dining Area

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 2024-013-123

Community Details

Overview

  • Association fees include water
  • 293 Units
  • Association Phone (310) 559-4700
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,019

Year Built

Built in 1977

Lot Details

0

HOA Fees

$498 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Garden Condo
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Canoga Lakes HOA
  • Entry Floor: 2
  • Living Area: 868
  • Lot Acreage: 3.9060
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 2
  • Year Built: 1977
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate, Carpet, Mixed
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Refrigerator, Dryer, Washer, Range/Oven
  • Price Per S Q F T: 567.86
  • Windows: Double Pane Windows

Exterior Features

  • Other Features: Balcony
  • Pool Description: Community
  • Pool: Yes
  • View: River, Water, Green Belt
  • View: Yes

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Community, Gated
  • Sewer: Paid

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Tennis Courts, Pool, Gated Community, Guest Parking, Spa
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Water
  • HOA Fees: 498.00
  • Phone: 3105594700|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2024-013-123
  • Lot Size Area: 170145

Multi Family

  • Number Of Units: 293

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Feb 26, 2024
Sold by
Safaie Angeline
Bought by
Brown Jadene Nadia Paula
Seller's Agent
Mahboubeh Miandarbandi
RE/MAX One
Buyer's Agent
Frances Tinsley
TTIC Residential/Commercial
List Price
$492,900
Sold Price
$480,000
Premium/Discount to List
-$12,900
-2.62%
Views
508
Current Estimated Value
$496,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,817
Avg. Annual Appreciation
2.51%
Original Mortgage
$390,000
Outstanding Balance
$383,891
Interest Rate
6.63%
Mortgage Type
Construction
Estimated Equity
$114,428

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jun 28, 2018
Sold by
Vega Victor
Bought by
Safaie Angeline
Seller's Agent
Alessandro Corona
Engel & Voelkers, Westlake Village
List Price
$377,000
Sold Price
$377,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%

Purchase Details

Closed on
Nov 19, 2015
Sold by
Gayton Mary Ann
Bought by
Vega Victor and Vega Cristina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,900
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 1997
Sold by
Gayton Mary A
Bought by
Gayton Mary Ann and The Mary Ann Gayton Trust
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 Buyer Sale Price Title Company
Brown Jadene Nadia Paula $480,000 California Best Title
Safaie Angeline $377,000 Lawyers Title Company
Vega Victor $322,000 Progressive Title
Gayton Mary Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Jadene Nadia Paula $390,000
Previous Owner Vega Victor $305,900
Previous Owner Gayton Mary Ann $88,300
Previous Owner Gayton Mary Ann $88,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $480,000 -2.6% $553 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
10/16/2023 10/16/23 For Sale $492,900 +30.7% $568 / Sq Ft
07/26/2018 07/26/18 Sold $377,000 0.0% $434 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $377,000 +17.4% $434 / Sq Ft
01/22/2016 01/22/16 Sold $321,000 +0.6% $370 / Sq Ft
01/06/2016 01/06/16 For Sale $319,000 -- $368 / Sq Ft
11/03/2015 11/03/15 Pending -- -- --
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 $5,019 $489,600 $307,734 $181,866
2024 $5,019 $412,299 $267,722 $144,577
2023 $4,921 $404,216 $262,473 $141,743
2022 $4,689 $396,291 $257,327 $138,964
2021 $4,628 $388,522 $252,282 $136,240
2019 $4,487 $377,000 $244,800 $132,200
2018 $4,045 $335,008 $204,230 $130,778
2016 $2,245 $186,472 $91,991 $94,481
2015 $2,212 $183,672 $90,610 $93,062
2014 $2,225 $180,076 $88,836 $91,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-322797

The MLS

APN: 2024-013-123