NOT LISTED FOR SALE

7432 Penfield Ave Winnetka, CA 91306

Estimated Value: $740,049 - $1,120,000

2 Beds
1 Bath
916 Sq Ft
$930/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $625,000 $682 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,184/month

Highlights

  • Open Floorplan
  • Property is near a park
  • Wood Flooring
  • Valley Academy of Arts & Sciences Rated A-
  • Traditional Architecture
  • Granite Countertops

About This Home

As of December 2021

This wonderful home is nestled on a large 6,884 square foot lot in one of Winnetka’s most sought-after neighborhoods, and its owner has priced it to sell. Here are just a few of its many other outstanding features: You’ll step into a freshly painted 916 Sq.Ft. floor plan that is in “Move-In-Condition” with hardwood flooring. The spacious living room is bathed in natural light from a huge picture window and has recessed lighting. The family’s cook is going to truly appreciate the kitchen’s abundant cabinets, granite counters, dual basin sink, gas range with ventilation hood, plus the convenience of the adjoining dining room with its direct access to the enclosed patio. Both spacious bedrooms have lighted ceiling fans, 1 nicely appointed full bathroom, functionally located laundry room. Central heat & air for year-round comfort. You’re going enjoy the backyard’s lush landscaping, the huge enclosed entertainer’s patio, plus the handy storage shed for all of your supplies. You’ll have absolutely no problem parking any and all of your vehicles and other toys off street under the large carport. BONUS: The garage has been converted into a studio with loft; It’s perfect for a home office, “Man Cave or She Shed” (Without benefit of permit). Within walking distance of elementary and middle school, and close to Pierce College, the Topanga Mall, The Village at Topanga, Warner Center, the Orange Line, and a myriad of gourmet restaurants. Garage conversion has no permit.

Last Agent to Sell the Property

Art O'Hare

Park Regency Realty License #01049623 Listed on: 10/28/2021

Park Regency Realty

Last Buyer's Agent

Art O'Hare

Park Regency Realty License #01049623 Listed on: 10/28/2021

Park Regency Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,007

Year Built

  • Built in 1951

Lot Details

  • 6,885 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Rectangular Lot
  • Sprinkler System
  • Lawn
  • Back and Front Yard
  • Property is zoned LAR1

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 916 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Sliding Doors
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Carport
  • Parking Available
  • Driveway

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Additional Features

  • Property is near a park
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 81
  • Tax Tract Number 16994
  • Assessor Parcel Number 2115005025
  • $192 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,007

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2115005025
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 916.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Nook
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 682.31
  • Room Type: All Bedrooms Down, Laundry
  • Bathroom Features: Low Flow Shower, Low Flow Toilet(s), Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Patio And Porch Features: Covered, Enclosed, Front Porch, Rear Porch, Screened
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Attached Carport, Covered, Asphalt

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Rectangular Lot, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 6885.00
  • Lot Size Acres: 0.1581

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6885.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1347.20
  • Tax Lot: 81
  • Tax Tract Number: 16994
  • TaxOtherAnnualAssessmentAmount: 192.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Nov 30, 2021
Sold by
Gabay Emily
Bought by
Gabay Yosi
Seller's Agent
Art O'Hare
Park Regency Realty
Buyer's Agent
Art O'Hare
Park Regency Realty
List Price
$618,000
Sold Price
$625,000
Premium/Discount to List
$7,000
1.13%
Current Estimated Value
$852,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,012
Avg. Annual Appreciation
8.47%
Original Mortgage
$500,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2021
Closed on
Nov 4, 2021
Sold by
Gustavo A Ruiz Living Trust and The Gustave A Ruiz Living Trus
Bought by
Gabay Yosi
Seller's Agent
Art O'Hare
Park Regency Realty
Buyer's Agent
Art O'Hare
Park Regency Realty
List Price
$618,000
Sold Price
$625,000
Premium/Discount to List
$7,000
1.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2017
Sold by
Ruiz Gustavo
Bought by
The Gustavo A Ruiz Living Trust

Purchase Details

Closed on
Jul 5, 1996
Sold by
Sutherland Lawrence P
Bought by
Ruiz Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
8.33%
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
Gabay Yosi -- Lawyers Title
Gabay Yosi $625,000 Lawyers Title
The Gustavo A Ruiz Living Trust -- None Available
Ruiz Gustavo $105,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gabay Yosi $500,000
Previous Owner Ruiz Gustavo $94,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2021 12/27/21 Sold $625,000 +1.1% $682 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $618,000 -- $675 / 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 $8,007 $663,255 $530,604 $132,651
2024 $8,007 $650,250 $520,200 $130,050
2023 $7,853 $637,500 $510,000 $127,500
2022 $7,486 $625,000 $500,000 $125,000
2021 $2,051 $157,966 $98,544 $59,422
2019 $1,992 $153,282 $95,622 $57,660
2018 $1,942 $150,278 $93,748 $56,530
2017 $1,898 $147,332 $91,910 $55,422
2016 $1,848 $144,444 $90,108 $54,336
2015 $1,823 $142,275 $88,755 $53,520
2014 $1,838 $139,489 $87,017 $52,472
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21237674

California Regional Multiple Listing Service (CRMLS)

APN: 2115-005-025