NOT LISTED FOR SALE

7131 Farralone Ave Unit 80 Canoga Park, CA 91303

Canoga Park Neighborhood

Estimated Value: $454,417 - $508,000

2 Beds
1 Bath
868 Sq Ft
$515/mo HOA Fee

Last Sold March 14, 2024

Last sale price $462,000 $532 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,213/month

Highlights

  • Water Views
  • In Ground Pool
  • 3.91 Acre Lot
  • Fitness Center
  • Gated Community
  • Contemporary Architecture

About This Home

As of March 2024

Canoga Lakes lower-level condominium, two assigned parking spaces close to the unit. Property needs TLC and the kitchen has an updated countertop. All appliances included in purchase including the stackable washer & dryer. Private patio off the living room surrounded by trees, landscape, and water features. A gated community with meandering walkways, lush landscape, lakes, streams, waterfalls, and wildlife. Amenities include pools, spas, saunas, fitness room and tennis courts. Within proximity to schools, shopping, restaurants, public transportation. Paradise living at its finest, Canoga Lakes is the best kept secret in Canoga Park, West Hills adjacent.

Last Agent to Sell the Property

Ginger James

Ginger James License #01149403 Listed on: 02/26/2024

Ginger James

Last Buyer's Agent

Larry Keller

Coldwell Banker Realty License #00944444

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $914

Year Built

  • Built in 1977

Lot Details

  • Two or More Common Walls
  • Front and Back Yard Sprinklers

HOA Fees

  • $515 Monthly HOA Fees

Property Views

  • Water
  • Woods

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Slab Foundation

Interior Spaces

  • 868 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Living Room
  • Pest Guard System

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Assigned Parking

Accessible Home Design

  • No Interior Steps

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Slab Porch or Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • TV Antenna

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 2
  • Tax Tract Number 32204
  • Assessor Parcel Number 2024013111
  • $157 per year additional tax assessments

Community Details

Overview

  • 293 Units
  • Canoga Lakes Association, Phone Number (310) 559-4700
  • Rubin Properties HOA
  • Maintained Community

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Sauna

Recreation

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

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Security Service
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$914

Year Built

Built in 1977

Lot Details

0

HOA Fees

$515 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Canoga Lakes
  • View: Yes
  • Zoning: LARD2
  • Architectural Style: Contemporary
  • Property Condition: Fixer
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2024013111
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 868.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting
  • Stories: 2
  • Entry Location: Lower Level
  • Common Walls: 2+ Common Walls
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One, Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 532.26
  • Room Type: Kitchen, Living Room
  • Spa Features: Association, Community, Heated, In Ground
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters, TV Antenna
  • View: Trees/Woods, Water
  • Fence: No
  • Patio And Porch Features: Patio, Slab
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: In Closet, Stackable
  • 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), Pest Control, Gym/Ex Room, Earthquake Insurance, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Pets Permitted, Security
  • Association Fee: 515.00
  • Association Fee Frequency: Monthly
  • Association Name: Canoga Lakes
  • Phone: 310-559-4700
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains
  • Association Management: Rubin Properties

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 170201.00
  • Lot Size Acres: 3.9073

Multi Family

  • Lease Considered: No
  • Lot Size Area: 170201.0000 Square Feet
  • Number Of Units In Community: 293
  • Number Of Units Total: 293
  • Waterfront Features: Stream

Tax Info

  • Tax Census Tract: 1343.03
  • Tax Lot: 2
  • Tax Tract Number: 32204
  • TaxOtherAnnualAssessmentAmount: 157.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Feb 29, 2024
Sold by
Donna F Hardy Living Trust
Bought by
2018 Suzanne Nakkashian Trust and Nakkashian
Seller's Agent
Ginger James
Ginger James
Buyer's Agent
Larry Keller
Coldwell Banker Realty
List Price
$462,000
Sold Price
$462,000
Views
29
Current Estimated Value
$481,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,354
Avg. Annual Appreciation
3.25%

Purchase Details

Closed on
Aug 9, 2018
Sold by
Hardy Donna F
Bought by
Hardy Donna F and Donna F Hardy Living Trust

Purchase Details

Closed on
Sep 6, 2006
Sold by
Fleischman Linda
Bought by
Mullins Speedie B and Hardy Donna F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2000
Sold by
Mortgage Guaranty Insurance Corp
Bought by
Stjohn Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
9.9%

Purchase Details

Closed on
Jun 14, 2000
Sold by
Washington Mutual Bank Fa
Bought by
Mortgage Guaranty Insurance Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
9.9%

Purchase Details

Closed on
Apr 19, 2000
Sold by
Plummer Guy
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
Mar 11, 1999
Sold by
Plummer Guy
Bought by
Plummer Guy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
3.95%

Purchase Details

Closed on
Jan 13, 1998
Sold by
Plummer Anita
Bought by
Plummer Guy
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 Buyer Sale Price Title Company
2018 Suzanne Nakkashian Trust $462,000 Wfg Title Company
Hardy Donna F -- None Available
Mullins Speedie B $355,000 Equity Title
Fleischman Linda -- Equity Title
Stjohn Linda $119,000 Fidelity National Title Co
Mortgage Guaranty Insurance Corp -- Chicago Title
Washington Mutual Bank Fa $99,068 Benefit Land Title Ins Co
Plummer Guy -- Lawyers Title Company
Plummer Guy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hardy Donna F $261,625
Previous Owner Mullins Speedie B $284,000
Previous Owner Stjohn Linda $240,000
Previous Owner Stjohn Linda $143,000
Previous Owner Stjohn Linda $136,000
Previous Owner Stjohn Linda $95,200
Previous Owner Plummer Guy $101,500
Closed Stjohn Linda $23,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold $462,000 0.0% $532 / Sq Ft
02/26/2024 02/26/24 For Sale $462,000 -- $532 / 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 $914 $471,240 $141,372 $329,868
2024 $914 $70,118 $36,986 $33,132
2023 $897 $68,744 $36,261 $32,483
2022 $855 $67,397 $35,550 $31,847
2021 $839 $66,076 $34,853 $31,223
2019 $813 $64,118 $33,820 $30,298
2018 $790 $62,861 $33,157 $29,704
2016 $743 $60,421 $31,870 $28,551
2015 $732 $59,515 $31,392 $28,123
2014 $741 $58,351 $30,778 $27,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24038212

California Regional Multiple Listing Service (CRMLS)

APN: 2024-013-111