NOT LISTED FOR SALE

7257 Wilbur Ave Reseda, CA 91335

Estimated Value: $649,000 - $741,234

1 Bed
1 Bath
684 Sq Ft
$1,039/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $650,000 $950 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,642/month

63 Days on Market

Highlights

  • No HOA
  • Front Yard
  • 1-Story Property

About This Home

As of September 2022

House is legally a one bedroom and 1 bath but there is 3 bedrooms and 2 bath in the property. Permits have been approved and pulled to make it a legal 3 bedroom and 2 bath home. House needs full rehab and can easily be 2 homes in one lot. The lot is a large corner lot and the back garage has an unpermitted studio. There are plans not yet turned into the city to make the garage/ studio into a 3 bed and 2 bath home. We can provide drawings.

Last Agent to Sell the Property

Edward Polanco

PG & Associates Inc License #01895276 Listed on: 06/14/2022

Last Buyer's Agent

Chuck Dorfman

Standard Home Realty License #01722929

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,393

Year Built

  • Built in 1948

Lot Details

  • 8,661 Sq Ft Lot
  • Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Interior Spaces

  • 684 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom | 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 7985
  • Assessor Parcel Number 2104034010
  • $429 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,393

Year Built

Built in 1948

Lot Details

0

Parking

2

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: 2104034010
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 684.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 950.29
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 8661.00
  • Lot Size Acres: 0.1988

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8661.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1317.02
  • Tax Lot: 10
  • Tax Tract Number: 7985
  • TaxOtherAnnualAssessmentAmount: 429.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2021
Sold by
Villagomez Janette M and Jack W Licha Trust
Bought by
Polanco Art and Polanco Angela
Current Estimated Value
$710,559

Purchase Details

Closed on
Dec 7, 2012
Sold by
Licha Janene M
Bought by
Licha Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.31%
Mortgage Type
New Conventional
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
Polanco Art $480,000 Fidelity National Title Co
Licha Jack -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Licha Jack $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $650,000 +0.2% $950 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
07/20/2022 07/20/22 Price Changed $649,000 0.0% $949 / Sq Ft
07/20/2022 07/20/22 For Sale $649,000 -6.6% $949 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $695,000 -- $1,016 / 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
2024 $8,393 $663,000 $530,400 $132,600
2023 $8,235 $650,000 $520,000 $130,000
2022 $6,028 $480,000 $350,000 $130,000
2021 $1,212 $73,617 $23,072 $50,545
2019 $1,183 $71,436 $22,389 $49,047
2018 $986 $70,036 $21,950 $48,086
2016 $937 $67,319 $21,099 $46,220
2015 $925 $66,309 $20,783 $45,526
2014 $937 $65,011 $20,376 $44,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22110353

California Regional Multiple Listing Service (CRMLS)

APN: 2104-034-010