NOT LISTED FOR SALE

7343 Tranquil Dr Tujunga, CA 91042

Estimated Value: $848,000 - $978,000

2 Beds
2 Baths
1,100 Sq Ft
$814/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $700,000 $636 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,439/month

112 Days on Market

Highlights

  • Detached Guest House
  • View of Trees or Woods
  • No HOA
  • Verdugo Hills Senior High School Rated A-
  • Open Floorplan
  • Separate Outdoor Workshop

About This Home

As of July 2019

Sellers motivated to sell, so we made a major PRICE ADJUSTMENT ($32,000 below appraised value)...If you are priced out in other parts of LA, come see this artistic hideaway nestled in the Verdugo Hills with three structures on little more than 1/4 acre is for sale. Mountain living within 30 minutes of downtown Los Angeles; 20 Minutes of Burbank or Pasadena. Main house; (1100 SF) first built in late 1920s with a cistern and chalked full of charm, a perfect writers retreat! Walls of glass give way to lush privacy in a perfectly tranquil setting, hence the street name! This inspirational jewel has been recently, lovingly remodeled inside/out with new windows and doors, new kitchen & bathroom, new central heat/air. If you are conservationist, you'll love having a cistern, it's used to water the grounds which includes fruit trees, saving you hundreds of dollars, and it runs year around. The Artist studio (599 SF) was built in the late 1990s complete with full bath. Great for any artist with its natural light and beautiful views of the rolling hills and sunsets. The studio has served as a rental for musicians and writers for the past 20 years. 3rd structure (288 SF) certified for occupancy in 2000, has multiple purposes: Office, recording studio, guest bedroom, storage, etc. Perfect WORK/LEAVE property.
Buyers to do their own independent investigation reg. sqft prior to writing their offer. Property sold AS IS.

Last Agent to Sell the Property

Arminé Ghevian

Equity Union License #00945233 Listed on: 02/20/2019

Equity Union

Last Buyer's Agent

Austen Lee

Backbeat Homes License #02075654

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Fenced
  • Fence is in good condition
  • Property is zoned LARE11

Property Views

  • Woods
  • Hills

Home Design

  • Slab Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • Open Floorplan
  • Skylights
  • Double Pane Windows
  • Sliding Doors
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Detached Carport Space
  • Parking Available

Utilities

  • Central Air
  • Heating Available
  • Cistern
  • Cesspool
  • Septic Type Unknown

Additional Features

  • Separate Outdoor Workshop
  • Detached Guest House

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 165
  • Tax Tract Number 1014
  • Assessor Parcel Number 2562015045

Home Details

Home Type

Single Family

Year Built

Built in 1948 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LARE11
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2562015045
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1100.00 Square Feet
  • Interior Amenities: Open Floorplan, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 636.36
  • Window Features: Double Pane Windows, Skylight(s)
  • Bathroom Features: Low Flow Toilet(s), Shower In Tub

Exterior Features

  • Foundation: Slab
  • Other Structures: Guest House Detached, Workshop
  • View: Hills, Trees/Woods
  • Fence: Yes
  • Fencing: Good Condition
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Detached Carport

Utilities

  • Utilities: Electricity Available, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Electric
  • Laundry Features: In Kitchen
  • Sewer: Cesspool, Septic Type Unknown
  • Water Source: Cistern, Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12071.00
  • Lot Size Acres: 0.2771

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12071.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1014.00
  • Tax Lot: 165
  • Tax Tract Number: 1014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2019
Closed on
Jun 17, 2019
Sold by
Kovalesky Steven J and Kovalesky Cynthia
Bought by
Fink Graham
Seller's Agent
Arminé Ghevian
Equity Union
Buyer's Agent
Austen Lee
Backbeat Homes
List Price
$785,000
Sold Price
$700,000
Premium/Discount to List
-$85,000
-10.83%
Current Estimated Value
$895,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,446
Avg. Annual Appreciation
3.87%
Original Mortgage
$560,000
Outstanding Balance
$490,370
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$405,076

Purchase Details

Closed on
Apr 13, 2016
Sold by
Kovalesky Steven J
Bought by
Kovalesky Steven J and Kovalesky Cynthia

Purchase Details

Closed on
Feb 15, 2006
Sold by
Kovalesky Steven
Bought by
Kovalesky Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2003
Sold by
Thornbury Sydney Marie
Bought by
Kovalesky Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 1998
Sold by
Thornbury Sydney Marie
Bought by
Kovalesky Steven and Thornbury Sydney Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.13%

Purchase Details

Closed on
Sep 8, 1994
Sold by
Thornbury Sydney Marie
Bought by
Thornbury Sydney Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
8.58%
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Fink Graham $700,000 Lawyers Title
Kovalesky Steven J -- None Available
Kovalesky Steven -- Fidelity National Financial
Kovalesky Steven -- Alliance Title Company
Kovalesky Steven -- --
Thornbury Sydney Marie -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fink Graham $560,000
Previous Owner Kovalesky Steven $315,000
Previous Owner Kovalesky Steven $201,600
Previous Owner Kovalesky Steven $125,000
Previous Owner Thornbury Sydney Marie $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2019 07/15/19 Sold $700,000 +0.3% $636 / Sq Ft
05/31/2019 05/31/19 Price Changed $698,000 -6.9% $635 / Sq Ft
04/15/2019 04/15/19 Price Changed $750,000 -4.5% $682 / Sq Ft
02/20/2019 02/20/19 For Sale $785,000 -- $714 / 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 $9,141 $765,549 $612,440 $153,109
2024 $9,141 $750,539 $600,432 $150,107
2023 $8,963 $735,823 $588,659 $147,164
2022 $8,542 $721,396 $577,117 $144,279
2021 $8,439 $707,251 $565,801 $141,450
2019 $5,413 $198,998 $133,641 $65,357
2018 $2,518 $195,097 $131,021 $64,076
2017 $2,379 $191,272 $128,452 $62,820
2016 $2,320 $187,523 $125,934 $61,589
2015 $2,287 $184,707 $124,043 $60,664
2014 $2,304 $181,090 $121,614 $59,476
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB19041072

California Regional Multiple Listing Service (CRMLS)

APN: 2562-015-045