NOT LISTED FOR SALE

Estimated Value: $1,195,000 - $1,322,959

4 Beds
3.5 Baths
2,200 Sq Ft
$575/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $1,049,999 $477 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,027/month

67 Days on Market

Highlights

  • Primary Bedroom Suite
  • Granite Countertops
  • Covered Patio or Porch
  • Midcentury Modern Architecture
  • No HOA
  • Open to Family Room

About This Home

As of November 2020

Located in the heart of Lake Balboa with almost all NEW construction & 2 separate address' on one lot sits 7426 + 7428 Leescott Ave. This 3 Bedroom + 2.5 Baths Main House & 1 Bedroom + 1 Bath ADU (Guest House) has almost 2,200 sq.ft. Perfect for a large family or additional income from renting the ADU (Guest House) Main House opens up to a spacious living room with High ceilings & a Great-size kitchen with lots of cabinet space which leads you to the outdoor entertaining area with a gas fire pit & covered patio. Master Bedroom Suite with it's own Bathroom, deep closets, & sliding glass door. ADU (Guest House) 1 Bedroom + 1 Bath opens up to the living area & full kitchen, bathroom, laundry area, & it's own private patio. All NEW Flooring, Windows, Doors, Lighting, Kitchens, Bathrooms, Fixtures, Roof, Electrical, HVAC, Plumbing, Tankless Water Heaters, Landscaping, Hardscaping, & Driveway. Never lived in & just received the COO (Certificate of Occupancy) in May 2020. Show & Sell!!

Last Agent to Sell the Property

Verona Sarkis

Lighthouse Estate Properties, Inc. License #01062085 Listed on: 06/29/2020

Last Buyer's Agent

Baoke Wang

Edward Chen, Broker License #C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,602

Year Built

  • Built in 2020

Lot Details

  • 6,373 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Home Design

  • Midcentury Modern Architecture
  • Turnkey
  • Combination Foundation
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Family Room Off Kitchen
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Open to Family Room
  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom

Parking

  • Parking Available
  • Driveway

Additional Features

  • Covered Patio or Porch
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 60
  • Tax Tract Number 14349
  • Assessor Parcel Number 2203030005

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,602

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2203030005
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 2200.00 Square Feet
  • Interior Amenities: Copper Plumbing Full
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 477.27
  • Room Type: All Bedrooms Down, Master Bathroom, Master Bedroom, Master Suite
  • Bathroom Features: Remodeled
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Combination, Raised, Slab
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Patio And Porch Features: Concrete, Covered
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban, Valley

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6373.00
  • Lot Size Acres: 0.1463

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6373.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1319.00
  • Tax Lot: 60
  • Tax Tract Number: 14349

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Sep 11, 2020
Sold by
Yousif Ashur Y
Bought by
Chen Lingshan
Seller's Agent
Verona Sarkis
Lighthouse Estate Properties, Inc.
Buyer's Agent
Baoke Wang
Edward Chen, Broker
List Price
$1,099,999
Sold Price
$1,049,999
Premium/Discount to List
-$50,000
-4.55%
Current Estimated Value
$1,264,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,991
Avg. Annual Appreciation
3.97%
Original Mortgage
$734,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2020
Sold by
Yousif Ashur
Bought by
Yousif Ashur Y and Ashur Y Yousif Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2015
Sold by
Yousif Ashur Y
Bought by
Yousif Ashur Y and Ashur Y Yousif Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.85%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 29, 2015
Sold by
Rac Real Estate Llc
Bought by
Yousif Ashur Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.85%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 10, 2014
Sold by
Peterson Charles Richard
Bought by
Rac Real Estate Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chen Lingshan $1,050,000 Orange Coast Title Co
Yousif Ashur Y -- None Available
Yousif Ashur -- Orange Coast Title
Yousif Ashur Y -- None Available
Yousif Ashur Y $308,000 Orange Coast Title
Rac Real Estate Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Lingshan $723,000
Closed Chen Lingshan $729,000
Previous Owner Chen Lingshan $734,000
Previous Owner Yousif Ashur $460,000
Previous Owner Yousif Ashur Y $30,000
Previous Owner Yousif Ashur Y $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $1,049,999 0.0% $477 / Sq Ft
08/12/2020 08/12/20 Price Changed $1,049,999 -2.3% $477 / Sq Ft
07/28/2020 07/28/20 Price Changed $1,074,999 -2.3% $489 / Sq Ft
06/29/2020 06/29/20 For Sale $1,099,999 -- $500 / 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 $13,602 $1,136,553 $454,621 $681,932
2024 $13,602 $1,114,268 $445,707 $668,561
2023 $13,337 $1,092,420 $436,968 $655,452
2022 $12,713 $1,071,000 $428,400 $642,600
2021 $12,636 $1,050,000 $420,000 $630,000
2020 $6,813 $543,306 $214,320 $328,986
2019 $5,048 $411,350 $210,118 $201,232
2018 $3,979 $320,443 $205,999 $114,444
2016 $3,798 $308,000 $198,000 $110,000
2015 $2,070 $162,997 $105,232 $57,765
2014 -- $159,805 $103,171 $56,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20126267

California Regional Multiple Listing Service (CRMLS)

APN: 2203-030-005