NOT LISTED FOR SALE

7188 Studio Rd Canoga Park, CA 91304

Estimated Value: $1,195,000 - $1,779,000

3 Beds
2 Baths
2,816 Sq Ft
$556/Sq Ft Est. Value

Last Sold June 01, 2020

Last sale price $1,127,000 $400 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $9,851/month

59 Days on Market

Highlights

  • Barn or Stable
  • Horses Allowed On Property
  • Canyon View
  • Simi Valley High School Rated A-
  • 469,896 Sq Ft lot
  • Wood Burning Stove

About This Home

As of June 2020

Bring your dreams and your walking shoes to this inspiring eleven acre ranch. Enjoy dramatic canyon, mountain and sunset views and the magnificentsandstone formations and outcroppings all located within easy reach of the 101 and the 118 freeways but far enough away that you feel like you are living in your own private world. Reminiscent of an old Hollywood Wild West movie set, this property has enough space to stretch out and create the life you want. There is room for a hobby farm, a pool, or leave it just as it is, a quiet retreat from the madding crowd. This beautiful horse property has a regulation large dressage arena, corrals, barn and meadow plus nearby hiking and bridle trails. If building your dream home is what you are after there is another building pad that has views of Box Canyon and the Santa Monica Mountains. So much potential and possibilities at this very special slice of rural paradise.

Last Agent to Sell the Property

Wendy Weitzman

Snyder Sutton Real Estate License #02020963 Listed on: 03/01/2020

Last Buyer's Agent

David Friedman

License #00867551

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,016

Year Built

  • Built in 1956

Lot Details

  • 10.79

Parking

  • 8 Car Detached Garage

Home Design

  • Aluminum Siding
  • Asbestos
  • Asphalt
  • Adobe

Interior Spaces

  • 2,816 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room
  • Home Office
  • Canyon Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Tack Room

Additional Features

  • 10.79 Acre Lot
  • Barn or Stable

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 649-0-330-100

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,016

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Advertising Remarks: Bring your dreams and your walking shoes to this inspiring eleven acre ranch. Enjoy dramatic canyon, mountain and sunset views and the magnificentsandstone formations and outcroppings all located within easy reach of the 101 and the 118 freeways but far enough away that you feel like you are living in your own private world. Reminiscent of an old Hollywood Wild West movie set, this property has enough space to stretch out and create the life you want. There is room for a hobby farm, a pool, or leave it just as it is, a quiet retreat from the madding crowd. This beautiful horse property has a regulation large size dressage arena, corrals, barn and meadow plus nearby hiking and bridle trails. If building your dream home is what you are after there is another building pad that has views of Box Canyon and the Santa Monica Mountains. So much potential and possibilities at this very special slice of rural paradise.
  • Living Area: 2816
  • Probate: No
  • Stories: 1
  • Year Built: 1956
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Wood Burning
  • Flooring: Mixed
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins
  • Price Per S Q F T: 408.03

Exterior Features

  • Construction: Adobe, Aluminum Siding, Asbestos, Asphalt, Block
  • Other Structures: Barn/Stable
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Canyon
  • View: Yes

Garage/Parking

  • Parking Garage: Detached
  • Total Parking: 8

Utilities

  • Cooling: Electric
  • Heating: Wood Stove

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: Yes
  • Assessor Parcel Number: 649-0-330-100
  • Geocode Override: No
  • Lot Size Area: 469896

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2020
Closed on
May 9, 2020
Sold by
Palmer John Charles and Palmer Troy
Bought by
Castro Edwin
Seller's Agent
Wendy Weitzman
Snyder Sutton Real Estate
Buyer's Agent
David Friedman
List Price
$1,149,000
Sold Price
$1,127,000
Premium/Discount to List
-$22,000
-1.91%
Total Days on Market
59
Current Estimated Value
$1,566,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,055
Avg. Annual Appreciation
5.98%
Original Mortgage
$788,900
Outstanding Balance
$711,185
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$795,914

Purchase Details

Closed on
Jul 23, 2019
Sold by
Palmer John Charles and Palmer Troy
Bought by
Palmer John Charles and Palmer Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2000
Sold by
Carroll Frank W and Carroll Kathleen
Bought by
Palmer John Charles and Hughes Troy Palmer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 1996
Sold by
Carroll Frank W
Bought by
Carroll Frank W and Carroll Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Castro Edwin $1,127,000 Ticor Title Company
Palmer John Charles -- Premium Title Of Ca Inc
Palmer John Charles $400,000 Gateway Title Company
Carroll Frank W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Edwin $788,900
Previous Owner Palmer John Charles $436,500
Previous Owner Palmer John Charles $447,000
Previous Owner Palmer John Charles $276,303
Previous Owner Palmer John Charles $286,000
Previous Owner Palmer John Charles $380,000
Previous Owner Carroll Frank W $180,000
Previous Owner Carroll Frank W $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2020 06/01/20 Sold $1,127,000 -1.9% $400 / Sq Ft
04/29/2020 04/29/20 Pending -- -- --
04/20/2020 04/20/20 For Sale $1,149,000 0.0% $408 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $1,149,000 -- $408 / 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
2024 $13,016 $1,163,336 $761,799 $401,537
2023 $12,264 $1,140,526 $746,862 $393,664
2022 $12,319 $1,118,163 $732,217 $385,946
2021 $12,323 $1,096,239 $717,860 $378,379
2020 $6,040 $533,210 $469,832 $63,378
2019 $5,782 $522,756 $460,620 $62,136
2018 $5,764 $512,507 $451,589 $60,918
2017 $5,677 $502,459 $442,735 $59,724
2016 $5,502 $492,607 $434,054 $58,553
2015 $5,416 $485,209 $427,535 $57,674
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2020

    Wendy Weitzman

    Snyder Sutton Real Estate

    (818) 427-0987

    1 Total Sale

    Section Image

  • D

    Buyer's Agent in 2020

    David Friedman

  • M

    Buyer Co-Listing Agent in 2020

    Melodi Belluomini

See All Agents

Map

Source: The MLS

MLS Number: 20-559532

The MLS

APN: 649-0-330-100

California Ventura County Canoga Park 91304

7188 Studio Rd, Canoga Park, CA

This home is located at 7188 Studio Rd, Canoga Park, CA 91304 since 01 March 2020 and is currently estimated at $1,566,055, approximately $556 per square foot. This property was built in 1956. 7188 Studio Rd is a home located in Ventura County with nearby schools including Knolls Elementary School, Valley View Middle School, and Simi Valley High School.

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