NOT LISTED FOR SALE

7428 Milwood Ave Canoga Park, CA 91303

Canoga Park Neighborhood

Estimated Value: $682,000 - $860,000

2 Beds
1 Bath
1,054 Sq Ft
$734/Sq Ft Est. Value

Last Sold July 19, 2017

Last sale price $445,000 $422 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,597/month

Highlights

  • Guest House
  • Maid or Guest Quarters
  • Spanish Architecture
  • Gated Parking
  • Wood Flooring
  • L-Shaped Dining Room

About This Home

As of July 2017

Loads of potential in this charming property on a large lot. Long gated driveway leads to the very private back yard. The home is in need of a little cosmetic work. 2 bedrooms and 1 bath. A large living room has crown moldings and a fireplace. the covered patio looks out to the expansive back yard. Fruit trees, built in barbecue with attached sink and many patio areas for entertaining. 2 large storage sheds plus a garage conversion that has been expanded to make a fabulous work shop, studio or in home office. Included in the back building has a 1/2 bathroom, 2 large work areas and its own central heat and air and water heater. The possibilities are great with this property.

Last Agent to Sell the Property

Cindy Pelter

RE/MAX One License #00710765 Listed on: 05/25/2017

Last Buyer's Agent

Jakob Pelter

Jakob Pelter,Broker License #01787612

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,322

Year Built

  • Built in 1950

Lot Details

  • 9,100 Sq Ft Lot
  • Block Wall Fence
  • Front Yard
  • Property is zoned LAR1

Home Design

  • Spanish Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Composition Roof
  • Plaster

Interior Spaces

  • 1,054 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Workshop
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Maid or Guest Quarters
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway
  • Gated Parking

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Shed
  • Outbuilding
  • Outdoor Grill

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 8852
  • Assessor Parcel Number 2112010015

Community Details

Overview

  • No Home Owners Association
  • Valley

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,322

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: LAR1
  • Architectural Style: Spanish
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2112010015
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1054.00 Square Feet
  • Interior Amenities: Crown Molding
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Ell
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 422.20
  • Room Type: All Bedrooms Down, Guest/Maid's Quarters, Workshop

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Guest House, Outbuilding, Shed(s)
  • Exterior Features: Barbecue Private, Lighting
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered, Front Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Plaster

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Driveway, Gated
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Common Area, Gas Dryer Hookup, In Closet, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 9100.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1345.21
  • Tax Lot: 36
  • Tax Tract Number: 8852

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2017
Closed on
Jun 12, 2017
Sold by
Siu Eric Kwun Wai
Bought by
Jia Mian
Seller's Agent
Cindy Pelter
RE/MAX One
Buyer's Agent
Jakob Pelter
Jakob Pelter,Broker
List Price
$449,950
Sold Price
$445,000
Premium/Discount to List
-$4,950
-1.1%
Current Estimated Value
$773,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,698
Avg. Annual Appreciation
6.91%
Original Mortgage
$315,000
Outstanding Balance
$259,093
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$514,605

Purchase Details

Closed on
Jul 3, 2013
Sold by
Chow Cheryl W
Bought by
Siu Eric Kwun Wai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,290
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2010
Sold by
Ing Bank Fsb
Bought by
Siu Eric Kwun Wai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2009
Sold by
Perales Angel S
Bought by
Ing Bank Fsb

Purchase Details

Closed on
Apr 25, 2007
Sold by
Favela Hilda
Bought by
Perales Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
6.12%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 22, 2005
Sold by
Favela Antonio
Bought by
Favela Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2005
Sold by
Suarez Angel and Suarez Blanca C
Bought by
Favela Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,600
Interest Rate
7.7%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Jia Mian $445,000 Fidelity Sherman Oaks
Siu Eric Kwun Wai -- Investors Title Company
Siu Eric Kwun Wai -- Investors Title Company
Siu Eric Kwun Wai $300,000 Advantage Title Inc
Ing Bank Fsb $227,386 Accommodation
Perales Angel $555,000 Landsafe Title
Favela Hilda -- Commonwealth Land Title Co
Favela Hilda $512,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jia Mian $315,000
Previous Owner Siu Eric Kwun Wai $218,290
Previous Owner Siu Eric Kwun Wai $225,000
Previous Owner Perales Angel $111,000
Previous Owner Perales Angel $444,000
Previous Owner Favela Hilda $102,400
Previous Owner Favela Hilda $409,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2017 07/19/17 Sold $445,000 -1.1% $422 / Sq Ft
06/04/2017 06/04/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $449,950 -- $427 / 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 $6,322 $506,329 $405,065 $101,264
2024 $6,322 $496,402 $397,123 $99,279
2023 $6,203 $486,670 $389,337 $97,333
2022 $5,922 $477,128 $381,703 $95,425
2021 $5,850 $467,773 $374,219 $93,554
2019 $5,680 $453,900 $363,120 $90,780
2018 $5,547 $445,000 $356,000 $89,000
2016 $4,075 $324,675 $232,576 $92,099
2015 $4,017 $319,799 $229,083 $90,716
2014 $4,039 $313,535 $224,596 $88,939
Source: Public Records

Agents Affiliated with this Home

  • Cindy Pelter

    Seller's Agent in 2017

    Cindy Pelter

    RE/MAX

    (818) 631-9152

    3 in this area

    25 Total Sales

    Cindy Pelter
    Section Image

  • J

    Buyer's Agent in 2017

    Jakob Pelter

    Jakob Pelter,Broker

    (818) 441-6338

    4 in this area

    21 Total Sales

    Jakob Pelter
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17117283

California Regional Multiple Listing Service (CRMLS)

APN: 2112-010-015

California Los Angeles County Canoga Park 91303 Canoga Park

7428 Milwood Ave, Canoga Park, CA

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