NOT LISTED FOR SALE

7131 Farralone Ave Unit 25 Canoga Park, CA 91303

Canoga Park Neighborhood

Estimated Value: $506,825 - $594,000

2 Beds
2 Baths
959 Sq Ft
$571/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $400,000 $417 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,794/month

1 Day on Market

Highlights

  • Fitness Center
  • 3.86 Acre Lot
  • Community Pool
  • Pond View
  • Sauna
  • Tennis Courts

About This Home

As of July 2020

Canoga Lakes - Rare townhouse model with 959 square feet in an excellent location facing the streams. Wonderful expanded and enclosed patio overlooking the lush landscape. There are 2 convenient side by side parking spots right next to the unit. This beautiful unit has beautiful laminate floors. The Kitchen includes Granite countertops and the washer and dryer are included and right in the unit. Huge attic area for loads of storage. Close to Restaurants, Shopping, "the Village", West Hills Hospital and transportation. This gated oasis has pools, spas, lighted tennis courts and fitness center in a tranquil atmosphere. Water and trash along with earthquake insurance is included in the HOA. You are going to love living in "Canoga Lakes".

Last Agent to Sell the Property

Larry Keller

Coldwell Banker Realty License #00944444 Listed on: 07/15/2020

Coldwell Banker Realty

Co-Listed By

Betsy Rosner

Coldwell Banker Realty License #00969337

Last Buyer's Agent

Larry Keller

Coldwell Banker Realty License #00944444 Listed on: 07/15/2020

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,273

Year Built

  • Built in 1976

Lot Details

  • 3.86

HOA Fees

  • $370 Monthly HOA Fees

Property Views

  • Pond
  • Creek or Stream
  • Pool

Interior Spaces

  • 959 Sq Ft Home
  • 2-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Two or More Common Walls
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 32204
  • Assessor Parcel Number 2024013056

Community Details

Overview

  • 293 Units
  • Canoga Lakes Association, Phone Number (310) 559-4700
  • Rubin Property Management HOA

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Sauna

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Security Service
  • Resident Manager or Management On Site
  • Controlled Access

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,273

Year Built

Built in 1976

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LARD2
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2024013056
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 959.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 417.10
  • Room Type: Living Room

Exterior Features

  • View: Creek/Stream, Pond, Pool
  • Pool Features: Community
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Fire Pit, Barbecue, Tennis Court(s), Gym/Ex Room, Earthquake Insurance, Trash, Sewer, Water, Pet Rules, Management, Security, Controlled Access
  • Association Fee: 370.00
  • Association Fee Frequency: Monthly
  • Association Name: Canoga Lakes
  • Phone: 310-559-4700
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: Rubin Property Management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 168322.00
  • Lot Size Acres: 3.8641

Multi Family

  • Lease Considered: No
  • Lot Size Area: 168322.0000 Square Feet
  • Number Of Units In Community: 293
  • Number Of Units Total: 293

Tax Info

  • Tax Census Tract: 1343.03
  • Tax Lot: 1
  • Tax Tract Number: 32204

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Jul 16, 2020
Sold by
Twasaki Mike M and The Iwasaki Trust
Bought by
Ramsay John
Seller's Agent
Larry Keller
Coldwell Banker Realty
Buyer's Agent
Larry Keller
Coldwell Banker Realty
List Price
$400,000
Sold Price
$400,000
Total Days on Market
1
Current Estimated Value
$547,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,706
Avg. Annual Appreciation
6.28%

Purchase Details

Listed on
Apr 20, 2017
Closed on
Apr 27, 2017
Sold by
Westmore Heather Anne and The Westmore Family Trust
Bought by
Iwasaki Mike M and The Iwasaki Trust
Seller's Agent
Scott Walter
Beverly and Company
Buyer's Agent
Larry Keller
Coldwell Banker Realty
List Price
$375,000
Sold Price
$385,000
Premium/Discount to List
$10,000
2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.19%

Purchase Details

Closed on
Oct 17, 2007
Sold by
Harris Heather Anne
Bought by
Westmore Heather Anne and Harris Heather Anne

Purchase Details

Closed on
Nov 7, 2003
Sold by
Harris Heather Anne and Westmore Timothy James
Bought by
Harris Heather Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
5.72%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Ramsay John $400,000 Equity Title Los Angeles
Iwasaki Mike M $385,000 Equity Title Los Angeles
Westmore Heather Anne -- Accommodation
Harris Heather Anne -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Westmore Heather Anne $107,000
Previous Owner Harris Heather Anne $115,000
Previous Owner Harris Heather Anne $50,000
Previous Owner Harris Heather Anne $114,000
Previous Owner Harris Heather Anne $118,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $400,000 0.0% $417 / Sq Ft
07/15/2020 07/15/20 For Sale $400,000 0.0% $417 / Sq Ft
08/03/2018 08/03/18 Rented $2,100 0.0% --
07/24/2018 07/24/18 Under Contract -- -- --
07/19/2018 07/19/18 For Rent $2,100 0.0% --
07/19/2017 07/19/17 Rented $2,100 0.0% --
07/17/2017 07/17/17 Under Contract -- -- --
07/12/2017 07/12/17 For Rent $2,100 0.0% --
05/11/2017 05/11/17 Sold $385,000 +2.7% $401 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $375,000 -- $391 / 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 $5,273 $432,970 $280,673 $152,297
2024 $5,273 $424,481 $275,170 $149,311
2023 $5,172 $416,159 $269,775 $146,384
2022 $4,930 $408,000 $264,486 $143,514
2021 $4,869 $400,000 $259,300 $140,700
2020 $5,068 $408,563 $271,244 $137,319
2019 $4,869 $400,553 $265,926 $134,627
2018 $4,844 $392,700 $260,712 $131,988
2016 $2,069 $169,749 $51,726 $118,023
2015 $2,039 $167,201 $50,950 $116,251
2014 $2,051 $163,926 $49,952 $113,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20139852

California Regional Multiple Listing Service (CRMLS)

APN: 2024-013-056