NOT LISTED FOR SALE

7451 Newcastle Ave Reseda, CA 91335

Estimated Value: $873,681 - $1,000,000

4 Beds
3 Baths
1,908 Sq Ft
$499/Sq Ft Est. Value

Last Sold May 10, 2016

Last sale price $505,000 $265 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,663/month

Highlights

  • No HOA
  • Family Room
  • Front Yard
  • Central Air

About This Home

As of May 2016

3 Bedrooms and 2 bath in main house, 1 Bedroom and a Bath in Guest House, potential rental income or cash flow, Open and bright floor plan with dual fireplace, Hardwood/laminated flooring, tile flooring, recess lights, large living room with fireplace, family room fireplace, laundry room, upgraded kitchen with granite counters and brand new air conditioning unit, ideal for larger family or for cash flow, this is a must see home!

Last Agent to Sell the Property

Mohammed Hamza

Rodeo Realty License #01765634 Listed on: 02/01/2016

Rodeo Realty

Last Buyer's Agent

Steve Nakachian

Pinnacle Estate Properties License #01878875

Pinnacle Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,444

Year Built

  • Built in 1951

Lot Details

  • 6,439 Sq Ft Lot
  • Front Yard

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Interior Spaces

  • 1,908 Sq Ft Home
  • Family Room
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5456
  • Assessor Parcel Number 2120022026

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,444

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2120022026
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1908.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 264.68
  • Room Type: Family Room, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6439.00
  • Price Per Lot Square Foot: 78.43
  • Lot Size Acres: 0.1480

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 6439.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 5456

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2019
Sold by
Arbajian Zaven Sarkis
Bought by
Arbajian Zaven and The Zaven Arbajian Living Trus
Current Estimated Value
$951,170

Purchase Details

Listed on
Feb 1, 2016
Closed on
Apr 28, 2016
Sold by
Karkourian Seta Simon Joban
Bought by
Arbajian Zaven Sarkis
Seller's Agent
Mohammed Hamza
Rodeo Realty
Buyer's Agent
Steve Nakachian
Pinnacle Estate Properties
List Price
$529,000
Sold Price
$505,000
Premium/Discount to List
-$24,000
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$310,000
Outstanding Balance
$247,183
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$703,987

Purchase Details

Listed on
Feb 1, 2016
Closed on
Apr 27, 2016
Sold by
Rashid Muhammad
Bought by
Arbajian Zaven Sarkis
Seller's Agent
Mohammed Hamza
Rodeo Realty
Buyer's Agent
Steve Nakachian
Pinnacle Estate Properties
List Price
$529,000
Sold Price
$505,000
Premium/Discount to List
-$24,000
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Outstanding Balance
$247,183
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$703,987

Purchase Details

Closed on
May 27, 2011
Sold by
Rashid Muhammad
Bought by
Rashid Muhammad

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
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2009
Sold by
Bibi Aisha
Bought by
Safdar Rashad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2009
Sold by
Cm Reo Trust
Bought by
Safdar Rashad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2008
Sold by
Tortola Jorge L
Bought by
Deutsche Bank Trust Co Americas and Ixis Real Estate Capital Inc

Purchase Details

Closed on
Jul 9, 2004
Sold by
Tortola Jorge L
Bought by
Tortola Jorge L and Tortola Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2002
Sold by
Garcia Alvaro
Bought by
Tortola Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.75%

Purchase Details

Closed on
Jul 9, 2002
Sold by
Tortola Lydia
Bought by
Tortola Jorge L and Tortola Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.75%

Purchase Details

Closed on
Feb 2, 1999
Sold by
Azuma Yoshiaki
Bought by
Tortola Lydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,589
Interest Rate
6.76%
Mortgage Type
FHA
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
Arbajian Zaven -- None Available
Arbajian Zaven Sarkis -- Progressive Title Co
Arbajian Zaven Sarkis $505,000 Progressive Title Company
Rashid Muhammad -- Lsi Title Company
Safdar Rashad -- Fidelity Natl Title Ins Co
Safdar Rashad $275,000 Fidelity Natl Title Ins Co
Cm Reo Trust -- Fidelity Natl Title Ins Co
Deutsche Bank Trust Co Americas $382,500 National Title Ins Co Of Ny
Tortola Jorge L -- Landsafe Title
Tortola Monica -- Stewart Title
Tortola Jorge L -- Stewart Title
Tortola Jorge L -- Stewart Title
Tortola Lydia $160,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arbajian Zaven Sarkis $310,000
Previous Owner Rashid Muhammad $225,000
Previous Owner Safdar Rashad $220,000
Previous Owner Tortola Jorge L $259,000
Previous Owner Tortola Jorge L $164,000
Previous Owner Tortola Lydia $158,589
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2016 05/10/16 Sold $505,000 -4.5% $265 / Sq Ft
03/13/2016 03/13/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $529,000 0.0% $277 / Sq Ft
01/08/2015 01/08/15 Rented $2,700 +22.7% --
01/07/2015 01/07/15 Under Contract -- -- --
12/19/2014 12/19/14 For Rent $2,200 -- --
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 $7,444 $597,809 $448,536 $149,273
2024 $7,444 $586,089 $439,742 $146,347
2023 $7,304 $574,598 $431,120 $143,478
2022 $6,972 $563,332 $422,667 $140,665
2021 $6,882 $552,287 $414,380 $137,907
2019 $6,681 $535,908 $402,091 $133,817
2018 $6,544 $525,401 $394,207 $131,194
2016 $3,710 $299,145 $210,708 $88,437
2015 $3,657 $294,652 $207,543 $87,109
2014 $3,674 $288,881 $203,478 $85,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16020826

California Regional Multiple Listing Service (CRMLS)

APN: 2120-022-026