NOT LISTED FOR SALE

7234 Balcom Ave Reseda, CA 91335

Estimated Value: $864,102 - $978,000

4 Beds
2 Baths
1,415 Sq Ft
$640/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $675,000 $477 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,807/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • No HOA
  • Eat-In Kitchen
  • Granite Countertops
  • Plantation Shutters
  • Living Room

About This Home

As of October 2020

Desirable 4 bedroom in a great neighborhood of Reseda. This gated home features engineered wood flooring, plantation shutters, double pane windows, tankless water heater, updated copper plumbing, recessed lighting and much more. Kitchen with granite counters, stainless steel appliances and eating area. Large master suite with dual vanity sink. Eco friendly landscaping. This is one house you don't want to miss.

Last Agent to Sell the Property

Ron Viola

Sotheby's International Realty License #01201860 Listed on: 08/07/2020

Sotheby's International Realty

Last Buyer's Agent

Irina Agajanyan

AMI Financial Services, Inc. License #02066854

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,958

Year Built

  • Built in 1948

Lot Details

  • 6,776 Sq Ft Lot
  • Back Yard
  • Property is zoned LAR1

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Partial Copper Plumbing

Interior Spaces

  • 1,415 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Plantation Shutters
  • Living Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5 / 8
  • Tax Tract Number 8789
  • Assessor Parcel Number 2121014005

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,958

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2121014005
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1415.00 Square Feet
  • Interior Amenities: Copper Plumbing Partial, Granite Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 477.03
  • Room Type: Kitchen, Living Room, Master Suite
  • Window Features: Plantation Shutters
  • Bathroom Features: Double Sinks In Master Bath
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6776.00
  • Lot Size Acres: 0.1556

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6776.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 1318.00
  • Tax Lot: 5
  • Tax Tract Number: 8789

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2022
Sold by
Vartan Boranyan
Bought by
Boranyan Vartan and Boranyan Stepan
Total Days on Market
7
Current Estimated Value
$905,776

Purchase Details

Listed on
Aug 7, 2020
Closed on
Aug 18, 2020
Sold by
Elston Jeffrey S and Jeffrey S Elston Revocable Tru
Bought by
Boranyan Vartan
Seller's Agent
Ron Viola
Sotheby's International Realty
Buyer's Agent
Irina Agajanyan
AMI Financial Services, Inc.
List Price
$649,000
Sold Price
$675,000
Premium/Discount to List
$26,000
4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$540,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2012
Sold by
Elston Jeffrey and Elston Jeffrey S
Bought by
Elston Jeffrey S and Jeffrey S Elston Revocable Trust

Purchase Details

Listed on
May 22, 2012
Closed on
May 31, 2012
Sold by
Lmr Properties Llc
Bought by
Elston Jeffrey
Seller's Agent
Eugene Solonin
Elite Realty Services Group
Buyer's Agent
Ron Viola
Sotheby's International Realty
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%

Purchase Details

Closed on
Feb 22, 2012
Sold by
Chavez Jorge
Bought by
Lmr Properties Llc

Purchase Details

Closed on
Mar 13, 1997
Sold by
Chavez Sandra
Bought by
Chavez Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,469
Interest Rate
7.63%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 1995
Sold by
Figueroa Luis F and Figueroa Bellinda J
Bought by
Chavez Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,413
Interest Rate
7.8%
Mortgage Type
FHA
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
Boranyan Vartan -- None Listed On Document
Boranyan Vartan $675,000 Stewart Title
Elston Jeffrey S -- None Available
Elston Jeffrey $325,000 Lawyers Title
Lmr Properties Llc -- None Available
Chavez Jorge -- Stewart Title
Chavez Jorge $110,000 Stewart Title
Chavez Jorge -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boranyan Stepan $120,000
Previous Owner Boranyan Vartan $540,000
Previous Owner Elston Jeffrey S $810,000
Previous Owner Chavez Jorge $320,000
Previous Owner Chavez Jorge $250,000
Previous Owner Chavez Jorge $11,000
Previous Owner Chavez Jorge $140,000
Previous Owner Chavez Jorge $110,000
Previous Owner Chavez Jorge $108,469
Previous Owner Chavez Jorge $109,413
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $675,000 +4.0% $477 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $649,000 +99.7% $459 / Sq Ft
06/06/2012 06/06/12 Sold $325,000 -- $230 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
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
2024 $8,958 $716,315 $573,052 $143,263
2023 $8,787 $702,270 $561,816 $140,454
2022 $8,383 $688,500 $550,800 $137,700
2021 $8,280 $675,000 $540,000 $135,000
2020 $4,740 $373,256 $225,447 $147,809
2019 $4,560 $365,938 $221,027 $144,911
2018 $4,432 $358,764 $216,694 $142,070
2016 $4,227 $344,835 $208,281 $136,554
2015 $4,165 $339,656 $205,153 $134,503
2014 $4,185 $333,004 $201,135 $131,869
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20158423

California Regional Multiple Listing Service (CRMLS)

APN: 2121-014-005