Seller's Agent in 2023
Artur Aslanyan
AVH Realty And Finance, Inc.
(818) 644-3282
1 in this area
4 Total Sales
7508 Nestle Ave Reseda, CA 91335
Estimated Value: $973,000 - $1,201,353
4
Beds
3
Baths
2,040
Sq Ft
$518/Sq Ft
Est. Value
Highlights
- 0.31 Acre Lot
- Laundry Room
- Back Yard
- No HOA
- Central Heating and Cooling System
- 1-Story Property
About This Home
As of September 2023ATTENTION investors and developers, we are excited to present a unique opportunity – a fixer upper with 2 separate houses situated on 13,505 sq/ft large double lot. The first unit has 3 beds, 2 baths 1, 1368Sq/ft, the 2nd detached unit is 672 sq/ft. 2 separate addresses. Each unit is separately metered for electricity. Unlock the potential to either divide the property into two parcels or follow SB 9 California HOME Act and build up to four homes on this parcel. The 2 existing units will remain on the one lot, and you can build another 2 homes on the second lot after a subdivision. This property is classified as a duplex. This is a heavy fixer upper.
Last Agent to Sell the Property
AVH Realty And Finance, Inc. License #01870602 Listed on: 09/04/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,441
Year Built
- Built in 1947
Lot Details
- 0.31 Acre Lot
- Back Yard
- Property is zoned LAR1
Parking
- 2 Car Garage
Home Design
- Entry on the 1st floor
- Stucco
Interior Spaces
- 2,040 Sq Ft Home
- 1-Story Property
- Gas Range
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Valley
Listing and Financial Details
- Tax Lot 37
- Tax Tract Number 7308
- Assessor Parcel Number 2119009001
- $575 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2023
Closed on
Sep 14, 2023
Sold by
Ed And Em Family Trust and Khizarchyan Edgar
Bought by
Valencia Real Estate
Seller's Agent
Artur Aslanyan
AVH Realty And Finance, Inc.
Buyer's Agent
Artur Aslanyan
American Reality
List Price
$1,149,000
Sold Price
$905,000
Premium/Discount to List
-$244,000
-21.24%
Views
75
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,838
Avg. Annual Appreciation
7.97%
Original Mortgage
$650,000
Interest Rate
7.09%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 17, 2022
Sold by
Edgar Khizarchyan
Bought by
Ed And Em Family Trust
Purchase Details
Listed on
Nov 8, 2020
Closed on
Apr 15, 2021
Sold by
Hovhannisyan Emma
Bought by
Khizarchyan Edgar
Seller's Agent
Ramiro Gutierrez
HomeSmart Evergreen Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$850,000
Sold Price
$850,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%
Original Mortgage
$0
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 2, 2020
Sold by
Herrera Rafael A and Herrera Maria Ines
Bought by
Khizarchyan Edgar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 16, 2001
Sold by
Herrera Rafael A and Ruiz Olga
Bought by
Herrera Rafael A and Herrera Maria Ines
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,897
Interest Rate
7.09%
Purchase Details
Closed on
Oct 27, 1997
Sold by
Deleon Alvaro H
Bought by
Ruiz Olga
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,434
Interest Rate
7.26%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 12, 1997
Sold by
Melton Laveta M Revocable Trust
Bought by
Herrera Rafael A and Ruiz Olga
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,434
Interest Rate
7.26%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 1, 1997
Sold by
Melton Laveta M
Bought by
Melton Linda and Laveta M Melton Revocable Trus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,595
Interest Rate
7.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 15, 1995
Sold by
Fratus Thomas Paul
Bought by
Fratus Patricia A
Purchase Details
Closed on
Dec 7, 1994
Sold by
Melton Laveta M
Bought by
Melton Laveta M and Fratus Patricia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,698
Interest Rate
9.25%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Valencia Real Estate | $905,000 | Chicago Title Company | |
| Ed And Em Family Trust | -- | None Listed On Document | |
| Khizarchyan Edgar | -- | Consumers Title | |
| Khizarchyan Edgar | $850,000 | Consumers Title | |
| Herrera Rafael A | -- | Fidelity National Title Ins | |
| Ruiz Olga | -- | -- | |
| Herrera Rafael A | -- | -- | |
| Herrera Rafael A | $137,000 | -- | |
| Melton Linda | -- | -- | |
| Fratus Patricia A | -- | American Title Ins Co | |
| Melton Laveta M | -- | World Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Valencia Real Estate | $650,000 | |
| Previous Owner | Khizarchyan Edgar | $0 | |
| Previous Owner | Khizarchyan Edgar | $680,000 | |
| Previous Owner | Herrera Rafael A | $143,897 | |
| Previous Owner | Herrera Rafael A | $135,434 | |
| Previous Owner | Melton Linda | $7,595 | |
| Previous Owner | Melton Laveta M | $39,698 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2023 09/29/23 | Sold | $905,000 | -9.5% | $444 / Sq Ft |
| 09/12/2023 09/12/23 | Pending | -- | -- | -- |
| 09/05/2023 09/05/23 | Price Changed | $999,900 | -13.0% | $490 / Sq Ft |
| 09/05/2023 09/05/23 | Price Changed | $1,149,900 | +0.1% | $564 / Sq Ft |
| 09/04/2023 09/04/23 | For Sale | $1,149,000 | +35.2% | $563 / Sq Ft |
| 04/20/2021 04/20/21 | Sold | $850,000 | 0.0% | $417 / Sq Ft |
| 03/30/2021 03/30/21 | For Sale | $850,000 | 0.0% | $417 / Sq Ft |
| 03/24/2021 03/24/21 | Off Market | $850,000 | -- | -- |
| 03/15/2021 03/15/21 | For Sale | $850,000 | 0.0% | $417 / Sq Ft |
| 11/24/2020 11/24/20 | Pending | -- | -- | -- |
| 11/08/2020 11/08/20 | For Sale | $850,000 | -- | $417 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,441 | $923,100 | $561,000 | $362,100 |
| 2024 | $11,441 | $905,000 | $550,000 | $355,000 |
| 2023 | $12,206 | $969,000 | $459,000 | $510,000 |
| 2022 | $10,683 | $867,000 | $413,100 | $453,900 |
| 2021 | $3,463 | $253,811 | $133,991 | $119,820 |
| 2020 | $3,489 | $251,410 | $132,618 | $118,792 |
| 2019 | $3,368 | $246,485 | $130,018 | $116,467 |
| 2018 | $3,189 | $241,657 | $127,469 | $114,188 |
| 2016 | $3,033 | $232,082 | $122,520 | $109,562 |
| 2015 | $2,992 | $228,597 | $120,680 | $107,917 |
| 2014 | $3,016 | $224,121 | $118,317 | $105,804 |
Source: Public Records
Agents Affiliated with this Home
-
Artur Aslanyan
-
R
Seller's Agent in 2021
Ramiro Gutierrez
HomeSmart Evergreen Realty
-
NoEmail NoEmail
N
Buyer's Agent in 2021
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
6 in this area
5,933 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR23165458
APN: 2119-009-001
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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