7420 Balcom Ave Reseda, CA 91335
Estimated Value: $876,000 - $940,000
3
Beds
2
Baths
1,566
Sq Ft
$573/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Bonus Room
- No HOA
- Wood Flooring
- Lawn
- Home Office
About This Home
As of December 2020This bright and airy, move-in-ready, spacious home sits on a quiet tree-lined street in Reseda. Retaining its authentic 1950s charm through its original hardwood floors and classic style, its 3 bed/2 bath interior also has a coveted extra room to use as a den, office, sitting room, or even an extra bedroom. This 1,566 sq ft home was enlarged with the permitted addition of a master bedroom with a direct walkout to the back-yard patio. The central air conditioning is complemented by the addition of ceiling fans in the dining area and bedrooms. Monthly utility bills are at astoundingly low rates due to the addition of Solar Panels, owned free and clear. The front yard is nicely landscaped and graced by a large shade bearing tree. There is a large paved driveway, with the pavers extending into the backyard patio. This spacious home is finished with a serene backyard with flowering and fruit trees. Both front and back yards come complete with a built-in sprinkler system. This lovingly maintained home is not to be missed!
Last Agent to Sell the Property
Mary Anglin
FATHOM REALTY GROUP INC License #01951431 Listed on: 10/01/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,496
Year Built
- Built in 1950
Lot Details
- 6,751 Sq Ft Lot
- West Facing Home
- Landscaped
- Level Lot
- Front and Back Yard Sprinklers
- Lawn
- Back and Front Yard
- Density is up to 1 Unit/Acre
- Property is zoned LAR1
Parking
- 2 Car Attached Garage
- Parking Available
- Front Facing Garage
Home Design
- Traditional Architecture
- Asphalt Roof
Interior Spaces
- 1,566 Sq Ft Home
- 1-Story Property
- Living Room
- Home Office
- Bonus Room
- Home Security System
Kitchen
- Eat-In Kitchen
- Free-Standing Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Additional Features
- Solar Heating System
- Open Patio
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 8 / 6
- Tax Tract Number 8789
- Assessor Parcel Number 2120032009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2020
Closed on
Nov 23, 2020
Sold by
Keshishyan Mariam Mary
Bought by
Chtrkyan Musheg
Seller's Agent
Mary Anglin
FATHOM REALTY GROUP INC
Buyer's Agent
Anush Ferakhyan
The One Luxury Properties
List Price
$635,000
Sold Price
$647,000
Premium/Discount to List
$12,000
1.89%
Total Days on Market
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,840
Avg. Annual Appreciation
7.49%
Original Mortgage
$614,650
Outstanding Balance
$554,386
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$342,454
Purchase Details
Closed on
Oct 7, 2020
Sold by
Bartnik Judith
Bought by
Keshishyan Vazgen and Keshishyan Hambartsum
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,650
Outstanding Balance
$554,386
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$342,454
Purchase Details
Closed on
Sep 25, 2001
Sold by
Hagenlock Ethel M
Bought by
Bartnik Judith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.62%
Similar Homes in Reseda, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chtrkyan Musheg | -- | Wfg National Title Company | |
| Keshishyan Vazgen | $647,000 | Wfg National Title Company | |
| Bartnik Judith | $220,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Keshishyan Vazgen | $105,000 | |
| Open | Chtrkyan Musheg | $614,650 | |
| Previous Owner | Bartnik Judith | $164,000 | |
| Previous Owner | Bartnik Judith | $179,500 | |
| Previous Owner | Bartnik Judith L | $100,000 | |
| Previous Owner | Bartnik Judith | $24,000 | |
| Previous Owner | Bartnik Judith | $196,000 | |
| Previous Owner | Bartnik Judith | $176,000 | |
| Closed | Bartnik Judith | $22,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/08/2020 12/08/20 | Sold | $647,000 | 0.0% | $413 / Sq Ft |
| 10/05/2020 10/05/20 | Pending | -- | -- | -- |
| 10/05/2020 10/05/20 | Off Market | $647,000 | -- | -- |
| 10/01/2020 10/01/20 | For Sale | $635,000 | -- | $405 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,496 | $686,600 | $549,281 | $137,319 |
| 2023 | $8,332 | $673,138 | $538,511 | $134,627 |
| 2022 | $7,947 | $659,940 | $527,952 | $131,988 |
| 2021 | $7,928 | $647,000 | $517,600 | $129,400 |
| 2020 | $3,804 | $297,158 | $217,470 | $79,688 |
| 2019 | $3,660 | $291,332 | $213,206 | $78,126 |
| 2018 | $3,566 | $285,621 | $209,026 | $76,595 |
| 2016 | $3,395 | $274,532 | $200,910 | $73,622 |
| 2015 | $3,346 | $270,410 | $197,893 | $72,517 |
| 2014 | $3,364 | $265,114 | $194,017 | $71,097 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2020
Mary Anglin
FATHOM REALTY GROUP INC
(626) 290-1250
1 in this area
11 Total Sales
-
Anush Ferakhyan
Buyer's Agent in 2020
Anush Ferakhyan
The One Luxury Properties
(818) 468-5356
1 in this area
38 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV20204410
APN: 2120-032-009
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