NOT LISTED FOR SALE

7321 Darby Place Reseda, CA 91335

Estimated Value: $962,000 - $1,093,799

3 Beds
2 Baths
2,824 Sq Ft
$358/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $900,000 $319 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,176/month

11 Days on Market

Highlights

  • Great Room
  • 2 Car Attached Garage
  • Laundry Room
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Central Heating

About This Home

As of October 2023

Introducing a hidden gem with endless possibilities! This charming fixer-upper home is a true diamond in the rough, offering remarkable potential for the savvy buyer. With a little TLC, this property can be transformed into your dream investment or a comfortable residence with additional income streams. Currently, one of the bedrooms has been cleverly transformed into a fully functional studio apartment, complete with its own private entrance, bathroom, and kitchen. This pre-existing setup provides an exceptional advantage, allowing you to immediately begin generating rental income
Additionally, envision the potential to split this property into another 2 units, creating a second living space with three bedrooms and two bathrooms. The upstairs are is roughly 600 Sqft Which is separate from the main house as well The surrounding neighborhood provides a welcoming atmosphere, making it an enjoyable place to call home or a desirable rental location for potential tenants. Embrace the challenge and unlock the potential of this home, creating a haven that perfectly aligns with your unique vision.

Last Agent to Sell the Property

Edward Polanco

PG & Associates Inc License #01895276 Listed on: 08/21/2023

Last Buyer's Agent

Edward Polanco

PG & Associates Inc License #01895276 Listed on: 08/21/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 9,656 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,824 Sq Ft Home
  • 1-Story Property
  • Great Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 14517
  • Assessor Parcel Number 2119024016
  • $538 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1949

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: 2119024016
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2824.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 318.70
  • Room Type: Great Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 9656.00
  • Lot Size Acres: 0.2217

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9656.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1318.01
  • Tax Lot: 16
  • Tax Tract Number: 14517
  • TaxOtherAnnualAssessmentAmount: 538.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Oct 5, 2023
Sold by
Khachatryan Tigran
Bought by
Manoukian Nona
Seller's Agent
Edward Polanco
PG & Associates Inc
Buyer's Agent
Edward Polanco
PG & Associates Inc
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%
Views
22
Current Estimated Value
$1,010,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,200
Avg. Annual Appreciation
5.22%
Original Mortgage
$500,000
Outstanding Balance
$488,910
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$521,290

Purchase Details

Listed on
Aug 21, 2023
Closed on
Sep 1, 2023
Sold by
Polanco Angela Marie
Bought by
Manoukian Nona
Seller's Agent
Edward Polanco
PG & Associates Inc
Buyer's Agent
Edward Polanco
PG & Associates Inc
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$488,910
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$521,290

Purchase Details

Closed on
May 15, 2013
Sold by
Licha Joseph R
Bought by
Licha Joseph R and The Joseph R Licha Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
3.41%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Dec 7, 2012
Sold by
Licha Joseph R
Bought by
Licha Joseph R and The Joseph R Licha Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Manoukian Nona -- Usa National Title
Manoukian Nona $900,000 Usa National Title
Licha Joseph R -- Placer Title Company
Licha Joseph R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manoukian Nona $500,000
Previous Owner Licha Joseph R $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2023 10/13/23 Sold $900,000 -5.3% $319 / Sq Ft
10/09/2023 10/09/23 Price Changed $950,000 0.0% $336 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $950,000 -- $336 / 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 $11,342 $918,000 $684,012 $233,988
2024 $11,342 $900,000 $670,600 $229,400
2023 $1,687 $102,202 $31,781 $70,421
2022 $1,624 $100,199 $31,158 $69,041
2021 $1,589 $98,236 $30,548 $67,688
2019 $1,549 $95,324 $29,643 $65,681
2018 $1,408 $93,456 $29,062 $64,394
2016 $1,315 $89,830 $27,935 $61,895
2015 $1,299 $88,482 $27,516 $60,966
2014 $1,313 $86,749 $26,977 $59,772
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Edward Polanco

    PG & Associates Inc

    (818) 581-7800

    4 in this area

    45 Total Sales

    Edward Polanco
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23155160

California Regional Multiple Listing Service (CRMLS)

APN: 2119-024-016

California Los Angeles County Reseda 91335

7321 Darby Place, Reseda, CA

Not Listed for Sale

Detached

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