NOT LISTED FOR SALE

7342 Rhea Ave Reseda, CA 91335

Estimated Value: $760,000 - $840,000

3 Beds
2 Baths
1,078 Sq Ft
$748/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $740,000 $686 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,035/month

88 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Laundry Room
  • Main Floor Bedroom
  • 1 Car Attached Garage
  • Central Air

About This Home

As of December 2023

A fantastic starter home in Reseda! A property within walking distance to schools, shopping, and public transit is always a big advantage, as it offers convenience and accessibility to amenities and transportation options.

The 3 bedrooms and 2 bathrooms make it a comfortable living space for a small family or individuals looking for extra room. The addition of a barn door for privacy adds a charming touch and creates a separate s retreat space when needed. Has newer HVAC unit (2021), newer windows, tankless water heater, and fruit trees in the back yard for your enjoyment.

Back on the market due to no fault of the seller. Subject to "Cancellation of current escrow". Price improvement for your comfort. Home inspection and appraisal are complete and available to you for your convenience.

Last Agent to Sell the Property

Regina Hunter

Perch Realty Group License #01314718 Listed on: 08/06/2023

Last Buyer's Agent

Fernanda Otalora

RE/MAX One License #01456971

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,149

Year Built

  • Built in 1950

Lot Details

  • 6,236 Sq Ft Lot
  • Front Yard Sprinklers
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage
  • 3 Carport Spaces

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,078 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Central Air
  • Private Sewer

Additional Features

  • Exterior Lighting
  • Property is near public transit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 14574
  • Assessor Parcel Number 2118020005
  • $266 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,149

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2118020005
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1078.00 Square Feet
  • Stories: 1
  • Entry Location: FRONT DOOR
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 686.46
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Main Floor Bedroom, Main Floor Primary Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 3.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Private Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Near Public Transit, Sprinklers In Front
  • Lot Size Sq Ft: 6236.00
  • Lot Size Acres: 0.1432

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6236.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1310.23
  • Tax Lot: 46
  • Tax Tract Number: 14574
  • TaxOtherAnnualAssessmentAmount: 266.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2023
Closed on
Nov 8, 2023
Sold by
Felix Christina Estelle
Bought by
Regin Jesus
Seller's Agent
Regina Hunter
Perch Realty Group
Buyer's Agent
Fernanda Otalora
RE/MAX One
List Price
$725,000
Sold Price
$740,000
Premium/Discount to List
$15,000
2.07%
Views
204
Current Estimated Value
$805,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,971
Avg. Annual Appreciation
4.83%
Original Mortgage
$726,596
Outstanding Balance
$714,538
Interest Rate
7.76%
Mortgage Type
FHA
Estimated Equity
$91,433

Purchase Details

Listed on
Oct 25, 2014
Closed on
Feb 6, 2015
Sold by
Terarsenyan Gamik
Bought by
Boone Christie Leah
Seller's Agent
Edward Akhparian
Trimax Elite Corp Inc
Buyer's Agent
Rosa Sailors
West Shores Realty, Inc.
List Price
$429,900
Sold Price
$429,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%

Purchase Details

Listed on
May 2, 2014
Closed on
Jun 11, 2014
Sold by
Anderson Marcia L
Bought by
Terarsenyan Garnik
Seller's Agent
Kay Wilson-Bolton
eXp Realty of California Inc
Buyer's Agent
Kay Wilson-Bolton
Century 21 Everest
List Price
$295,000
Sold Price
$330,000
Premium/Discount to List
$35,000
11.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.66%

Purchase Details

Closed on
Mar 17, 2005
Sold by
Ranger Gerald E and Ranger Steven A
Bought by
Ranger Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2005
Sold by
Ranger Gerald E and Maxine E Ranger Family Living
Bought by
Ranger Gerald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2003
Sold by
Ranger Maxine E
Bought by
Ranger Maxine E and The Maxine Ranger Family Living Trust
Source: Public Records

Range of Values:

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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
Regin Jesus $740,000 Equity Title
Boone Christie Leah $430,000 Pacific Coast Title Company
Terarsenyan Garnik $330,000 None Available
Ranger Steven A -- Old Republic Title Company
Ranger Gerald E -- --
Ranger Maxine E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Regin Jesus $726,596
Previous Owner Ranger Steven A $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2023 12/13/23 Sold $740,000 0.0% $686 / Sq Ft
11/30/2023 11/30/23 Off Market $740,000 -- --
11/27/2023 11/27/23 For Sale $725,000 0.0% $673 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/30/2023 10/30/23 Price Changed $725,000 -2.0% $673 / Sq Ft
10/20/2023 10/20/23 For Sale $740,000 0.0% $686 / Sq Ft
08/18/2023 08/18/23 For Sale $740,000 0.0% $686 / Sq Ft
08/17/2023 08/17/23 Off Market $740,000 -- --
08/15/2023 08/15/23 For Sale $740,000 0.0% $686 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/14/2023 08/14/23 Off Market $740,000 -- --
08/06/2023 08/06/23 For Sale $740,000 +72.1% $686 / Sq Ft
03/10/2015 03/10/15 Sold $429,900 0.0% $399 / Sq Ft
02/09/2015 02/09/15 Pending -- -- --
10/25/2014 10/25/14 For Sale $429,900 +30.3% $399 / Sq Ft
06/16/2014 06/16/14 Sold $330,000 +11.9% $306 / Sq Ft
05/19/2014 05/19/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $295,000 -- $274 / 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 $9,149 $754,800 $645,762 $109,038
2024 $9,149 $740,000 $633,100 $106,900
2023 $6,144 $496,604 $350,246 $146,358
2022 $5,859 $486,868 $343,379 $143,489
2021 $5,785 $477,323 $336,647 $140,676
2019 $5,612 $463,167 $326,663 $136,504
2018 $5,557 $454,086 $320,258 $133,828
2016 $5,325 $436,455 $307,823 $128,632
2015 $4,202 $336,592 $263,154 $73,438
2014 $4,116 $328,250 $257,045 $71,205
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23131805

California Regional Multiple Listing Service (CRMLS)

APN: 2118-020-005