NOT LISTED FOR SALE

7420 Balcom Ave Reseda, CA 91335

Estimated Value: $861,217 - $914,000

3 Beds
2 Baths
1,566 Sq Ft
$569/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $647,000 $413 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,434/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Bonus Room
  • No HOA
  • Wood Flooring
  • Lawn
  • Home Office

About This Home

As of December 2020

This 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

FATHOM REALTY GROUP INC

Last Buyer's Agent

Anush Ferakhyan

The One Luxury Properties License #01787714

The One Luxury Properties

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
  • Entry on the 1st floor
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,496

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: All appliances. Solar Panels. Security alarm system paid through December 2021.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Security System
  • View: No
  • Zoning: LAR1
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2120032009
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1566.00 Square Feet
  • Stories: 1
  • Entry Location: ground level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 413.15
  • Room Type: All Bedrooms Down, Bonus Room, Kitchen, Laundry, Living Room, Office

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Microwave, Refrigerator
  • Heating Type: Central, Solar
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 6751.00
  • Lot Size Acres: 0.1550

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6751.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 1318.00
  • Tax Lot: 8
  • Tax Tract Number: 8789

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%
Current Estimated Value
$891,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,304
Avg. Annual Appreciation
6.87%
Original Mortgage
$614,650
Outstanding Balance
$546,951
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$344,353

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
$546,951
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$344,353

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%
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
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 Chtrkyan Musheg $614,650
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

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 $8,496 $700,331 $560,266 $140,065
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20204410

California Regional Multiple Listing Service (CRMLS)

APN: 2120-032-009