NOT LISTED FOR SALE

7218 Yarmouth Ave Reseda, CA 91335

Estimated Value: $853,000 - $910,641

3 Beds
2 Baths
1,352 Sq Ft
$653/Sq Ft Est. Value

Last Sold January 20, 2021

Last sale price $705,000 $521 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,684/month

40 Days on Market

Highlights

  • No HOA
  • Living Room
  • Central Heating and Cooling System
  • Walk-In Closet
  • Laundry Room
  • 5-minute walk to Jesse Owens Park

About This Home

As of January 2021

Welcome to this MOVE-IN ready home with an over sized detached garage on a very quiet street in Reseda. The home features 3 spacious bedrooms, 2 bathrooms, and a basement! A very spacious room (also known as basement) in the home just downstairs off of the hallway can be used for many things including storage. The home is remodeled with laminate flooring throughout and granite counter-tops. The oversized master has its own bathroom and 2 large his and hers closets. Open floor plan in the living and dining room makes it great to entertain with the overlooking kitchen. The outside is FULLY gated, surveillance cameras, and alarm system. The yard has over 2 dozen fruit trees and boasts a RV access leading deep into the yard to the oversized detached 2 car garage. The garage houses the laundry room which has hot and cold water also already has plumed sewer. Private second access from the side of the building can be easily sectioned off and converted into an ADU. With the over 9,000sqft lot, there is plenty of room for a third, JR ADU, to possibly be constructed. Buyer to verify. Don't miss out on this possible income producing property.

Last Agent to Sell the Property

Vahe Vahansaryan

Big Oak Realty License #01924565 Listed on: 09/23/2020

Last Buyer's Agent

Saro Dilanchian

Latitude Real Estate & Invest License #01314546

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,374

Year Built

  • Built in 1935

Lot Details

  • 9,101 Sq Ft Lot
  • Front and Back Yard Sprinklers
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 8 / 1
  • Tax Tract Number 8789
  • Assessor Parcel Number 2121016007

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,374

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 818-489-2835
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2121016007
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1352.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 521.45
  • Room Type: All Bedrooms Down, Basement, Kitchen, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 9101.00
  • Lot Size Acres: 0.2089

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9101.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 1318.00
  • Tax Lot: 8
  • Tax Tract Number: 8789

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2020
Sold by
Adamov Yury and Hovsepyan Arthur
Bought by
Nazarian Armond
Current Estimated Value
$899,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$638,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2017
Sold by
Hovsepyan Arthur
Bought by
Adamov Yury and Hovsepyan Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2015
Sold by
The Yury Adamov Living Trust
Bought by
Hovsepyan Arthur and Adamov Yury

Purchase Details

Closed on
Jun 25, 2014
Sold by
Hovsepyan Arthur
Bought by
The Yury Adamov Living Trust

Purchase Details

Closed on
Jul 24, 2009
Sold by
Doctorovich Anatoly
Bought by
Hovsepyan Artur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Interest Rate
5.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2005
Sold by
Salehi Tommy
Bought by
Doctorovich Anatoly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,600
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2003
Sold by
Papazian Agency
Bought by
Salehi Tommy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 1996
Sold by
Sigmon Edna B
Bought by
Papazian Agency
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nazarian Armond $705,000 Lawyers Title
Adamov Yury -- Usa Title La
Hovsepyan Arthur -- None Available
The Yury Adamov Living Trust -- None Available
Hovsepyan Artur $308,000 Fidelity Van Nuys
Doctorovich Anatoly $599,500 Lawyers Title Company
Salehi Tommy $250,000 Investors Title Company
Papazian Agency $110,000 Title Land Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nazarian Armond $638,000
Previous Owner Adamov Yury $294,000
Previous Owner Hovsepyan Artur $246,400
Previous Owner Doctorovich Anatoly $479,600
Previous Owner Salehi Tommy $522,000
Previous Owner Salehi Tommy $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $705,000 +0.9% $521 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $699,000 -- $517 / 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 $9,374 $763,111 $610,490 $152,621
2024 $9,374 $748,149 $598,520 $149,629
2023 $9,196 $733,481 $586,785 $146,696
2022 $8,774 $719,100 $575,280 $143,820
2021 $4,769 $373,204 $247,562 $125,642
2020 $4,813 $369,378 $245,024 $124,354
2019 $4,632 $362,136 $240,220 $121,916
2018 $4,516 $355,036 $235,510 $119,526
2016 $4,313 $341,252 $226,366 $114,886
2015 $5,455 $437,000 $290,000 $147,000
2014 $4,189 $329,544 $218,599 $110,945
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20199225

California Regional Multiple Listing Service (CRMLS)

APN: 2121-016-007