NOT LISTED FOR SALE

7457 Balcom Ave Reseda, CA 91335

Estimated Value: $836,000 - $895,592

2 Beds
2 Baths
1,551 Sq Ft
$564/Sq Ft Est. Value

Last Sold April 30, 2017

Last sale price $438,500 $283 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $5,176/month

16 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Bathtub
  • Wood Flooring
  • Breakfast Area or Nook
  • Side by Side Parking

About This Home

As of April 2017

Sitting on a 10,803 square foot lot this 1,551 square foot home is just itching to have someone come in and make it their own. Built in 1948 it offers up some of the architectural charm of the era with arched doorways and such. It has so much potential with good “bones” and spacious rooms. Out back in the very large backyard is a 2 car detached garage with water, electricity and gas. The property is on septic so you save on the sewer service charges.

Last Agent to Sell the Property

James Ramstead

Pinnacle Estate Properties License #01047359 Listed on: 03/06/2017

Pinnacle Estate Properties

Last Buyer's Agent

Ricardo Pena

Pinnacle Estate Properties License #01908218

Pinnacle Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,367

Year Built

  • Built in 1948

Lot Details

  • 10,803 Sq Ft Lot
  • East Facing Home
  • Block Wall Fence
  • Chain Link Fence
  • Rectangular Lot
  • Level Lot
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • 1 Attached Carport Space
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Two Garage Doors
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,551 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Free-Standing Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Tile Bathroom Countertop
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Patio
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 11126
  • Assessor Parcel Number 2120030014

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,367

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAR1
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2120030014
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1551.00 Square Feet
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Entry Location: Living Room
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 282.72
  • Room Type: All Bedrooms Down, Entry, Kitchen, Laundry, Living Room
  • Bathroom Features: Bathtub, Tile Counters, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Raised
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Driveway, Asphalt, Garage, Garage Faces Front, Garage - Two Door, Private, Side by Side, Off Street
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Floor Furnace, Natural Gas
  • Laundry Features: Individual Room, Inside, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 10000-19999 Sqft, Rectangular Lot, Level
  • Lot Size Sq Ft: 10803.00

Multi Family

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

Tax Info

  • Tax Census Tract: 1318.00
  • Tax Lot: 15
  • Tax Tract Number: 11126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
Mar 21, 2017
Sold by
Cruse Barbara
Bought by
Saryah Albert and Papikyan Gayane
Seller's Agent
James Ramstead
Pinnacle Estate Properties
Buyer's Agent
Ricardo Pena
Pinnacle Estate Properties
List Price
$479,950
Sold Price
$438,500
Premium/Discount to List
-$41,450
-8.64%
Total Days on Market
16
Current Estimated Value
$875,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,898
Avg. Annual Appreciation
8.71%
Original Mortgage
$372,725
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 1995
Sold by
Cruse Forrest
Bought by
Cruse Barbara
Source: Public Records

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Range of Values:

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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
Saryah Albert $438,500 Lawyers Title
Cruse Barbara -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saryan Albert $611,250
Closed Saryan Albert $547,500
Closed Saryan Albert $453,100
Closed Saryah Albert $372,725
Previous Owner Cruse Barbara $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2017 04/30/17 Sold $438,500 -8.6% $283 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $479,950 -- $309 / 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
2024 $6,367 $498,933 $298,678 $200,255
2023 $6,248 $489,151 $292,822 $196,329
2022 $5,964 $479,561 $287,081 $192,480
2021 $5,889 $470,158 $281,452 $188,706
2019 $5,717 $456,215 $273,105 $183,110
2018 $5,650 $447,270 $267,750 $179,520
2016 $2,132 $162,979 $65,187 $97,792
2015 $2,104 $160,532 $64,208 $96,324
2014 $2,120 $157,389 $62,951 $94,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17045540

California Regional Multiple Listing Service (CRMLS)

APN: 2120-030-014