NOT LISTED FOR SALE

7430 Newcastle Ave Reseda, CA 91335

Estimated Value: $1,014,000 - $1,306,000

5 Beds
3 Baths
2,438 Sq Ft
$479/Sq Ft Est. Value

Last Sold August 06, 2013

Last sale price $545,000 $224 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $6,924/month

5 Days on Market

Highlights

  • L-Shaped Dining Room
  • Breakfast Area or Nook
  • Crown Molding
  • No HOA
  • Family Room Off Kitchen
  • Walk-In Closet

About This Home

As of August 2013

Remodeled jewel in great Reseda location, adjacent to Lake Balboa. The entire home has been upgraded! Great floor plan for family and entertaining guest. Five spacious bedrooms and a huge backyard.

Last Agent to Sell the Property

Moe Ghazi

Ghazi Capital Group License #01404175 Listed on: 06/13/2013

Last Buyer's Agent

Gary Keshishyan

Pinnacle Estate Properties License #01276434

Pinnacle Estate Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 0.26 Acre Lot
  • Back Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 2,438 Sq Ft Home
  • Crown Molding
  • Recessed Lighting
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • L-Shaped Dining Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2120024023

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: All appliances (stove top, oven and dishwasher only)
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2120024023
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2438.00
  • Interior Amenities: Crown Molding, Pantry, Recessed Lighting
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Ell, Family Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 223.54
  • Room Type: Entry, Family Room, Living Room, Walk-In Closet

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 11475.00
  • Lot Size Acres: 0.2630

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11475.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 0000
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2013
Closed on
Jun 27, 2013
Sold by
M Ghazi Corporation
Bought by
Melkonyan Grigor and Tovmanyan Narine
Seller's Agent
Moe Ghazi
Ghazi Capital Group
Buyer's Agent
Gary Keshishyan
Pinnacle Estate Properties
List Price
$499,000
Sold Price
$545,000
Premium/Discount to List
$46,000
9.22%
Current Estimated Value
$1,167,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,137
Avg. Annual Appreciation
6.32%
Original Mortgage
$417,000
Outstanding Balance
$309,074
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$858,063

Purchase Details

Listed on
Feb 11, 2013
Closed on
Mar 28, 2013
Sold by
Tabatabaei Mohammad Ghazi
Bought by
M Ghazi Corporation
Seller's Agent
Diana Rosero
Sync Brokerage, Inc.
Buyer's Agent
Diana Rosero
Keller Williams World Media Center
List Price
$339,500
Sold Price
$340,000
Premium/Discount to List
$500
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
225.31%
Original Mortgage
$100,000
Interest Rate
3.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 11, 2013
Closed on
Mar 19, 2013
Sold by
Alas Evelyn
Bought by
Tabatabaei Mohammad Ghazi
Seller's Agent
Diana Rosero
Sync Brokerage, Inc.
Buyer's Agent
Diana Rosero
Keller Williams World Media Center
List Price
$339,500
Sold Price
$340,000
Premium/Discount to List
$500
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2006
Sold by
Kearns Ken J and Kearns Eileen C
Bought by
Alas Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2006
Sold by
Kearns Ken J
Bought by
Kearns Ken J

Purchase Details

Closed on
Jan 8, 1999
Sold by
Kearns Eileen C
Bought by
Kearns Ken J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 1996
Sold by
Kearns Kenneth J
Bought by
Kearns Ken J and Kearns Eileen C

Purchase Details

Closed on
Dec 6, 1995
Sold by
Kearns Eileen C
Bought by
Kearns Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.38%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Melkonyan Grigor $545,000 Ort
M Ghazi Corporation -- Accommodation
Tabatabaei Mohammad Ghazi $330,000 Old Republic Title Company
Alas Evelyn $620,000 First Southwestern Title Co
Kearns Ken J -- None Available
Kearns Ken J -- Lawyers Title Company
Kearns Ken J -- Lawyers Title Company
Kearns Ken J -- --
Kearns Kenneth J -- First American Title Ins Co
Kearns Kenneth J -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melkonyan Grigor $417,000
Previous Owner Tabatabaei Mohammad Ghazi $100,000
Previous Owner Alas Evelyn $496,000
Previous Owner Kearns Ken J $180,000
Previous Owner Kearns Kenneth J $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2013 08/06/13 Sold $545,000 +9.2% $224 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $499,000 +46.8% $205 / Sq Ft
03/13/2013 03/13/13 Sold $340,000 +0.1% $139 / Sq Ft View Prior Sale
02/11/2013 02/11/13 For Sale $339,500 -- $139 / Sq Ft
09/14/2012 09/14/12 Pending -- -- --
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 $9,863 $792,172 $491,149 $301,023
2024 $9,863 $776,640 $481,519 $295,121
2023 $8,248 $642,142 $398,130 $244,012
2022 $7,877 $629,552 $390,324 $239,228
2021 $7,774 $617,209 $382,671 $234,538
2019 $7,549 $598,905 $371,322 $227,583
2018 $7,385 $587,163 $364,042 $223,121
2016 $7,049 $564,364 $349,906 $214,458
2015 $6,948 $555,888 $344,651 $211,237
2014 -- $545,000 $337,900 $207,100
Source: Public Records

Agents Affiliated with this Home

  • Moe Ghazi

    Seller's Agent in 2013

    Moe Ghazi

    Ghazi Capital Group

    (818) 674-9050

    7 Total Sales

    Moe Ghazi
    Section Image
  • Diana Rosero

    Seller's Agent in 2013

    Diana Rosero

    Sync Brokerage, Inc.

    (818) 239-3500

    1 in this area

    13 Total Sales

    Diana Rosero
    Section Image
  • Gary Keshishyan

    Buyer's Agent in 2013

    Gary Keshishyan

    Pinnacle Estate Properties

    (818) 606-6069

    18 in this area

    552 Total Sales

    Gary Keshishyan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13112621

California Regional Multiple Listing Service (CRMLS)

APN: 2120-024-023

California Los Angeles County Reseda 91335

7430 Newcastle Ave, Reseda, CA

Not Listed for Sale

Detached

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