NOT LISTED FOR SALE

7512 Balcom Ave Reseda, CA 91335

Estimated Value: $876,000 - $987,000

4 Beds
2 Baths
1,522 Sq Ft
$601/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $638,000 $419 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,660/month

56 Days on Market

Highlights

  • No HOA
  • Living Room
  • Central Heating and Cooling System
  • 2 Car Attached Garage
  • Laundry Room
  • Back Yard

About This Home

As of November 2019

Wonderfully remodeled, set on a fantastic residential street with cute curb appeal! Great neighborhood and pocket. This property features four bedrooms and two full baths, PLUS a family room. A perfect single story floorplan with lots of flexibility. Entry to the living/dining areas, leading to the gorgeous family room/den with recessed lights. Tons of natural light. Oversized kitchen with quartz countertops, custom cabinetry and stainless steel appliances. Designer updated bathtub, plus four generously sized complementary bedrooms. Beautifully landscaped grassy front yard. Entertainer’s backyard highlighted by an amazing patio – perfect for all your gatherings. Two car attached garage. This amazing property has charm galore and this opportunity is sure to go fast, don’t miss it!!!

Last Agent to Sell the Property

Houman Jahangard

Royal Rep Realty, Inc. License #01451073 Listed on: 09/06/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,564

Year Built

  • Built in 1957

Lot Details

  • 6,750 Sq Ft Lot
  • Back Yard
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,522 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 7 / 5
  • Tax Tract Number 8789
  • Assessor Parcel Number 2120031007

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,564

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2120031007
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1522.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 419.19
  • Room Type: Family Room, Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6750.00
  • Lot Size Acres: 0.1550

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6750.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 1318.00
  • Tax Lot: 7
  • Tax Tract Number: 8789

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2024
Sold by
Barseghyan Gagik
Bought by
Gagik Barseghyan Revocable Trust and Barseghyan
Current Estimated Value
$895,691

Purchase Details

Closed on
Sep 21, 2023
Sold by
Kalajyan Varduhi
Bought by
Barseghyan Gagik

Purchase Details

Listed on
Sep 6, 2019
Closed on
Nov 5, 2019
Sold by
True Reality Investments Llc
Bought by
Barseghyan Gagik and Kalajyan Varduhi
Seller's Agent
Houman Jahangard
Royal Rep Realty, Inc.
List Price
$649,000
Sold Price
$638,000
Premium/Discount to List
-$11,000
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$606,100
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2019
Sold by
Lau Norman John and Lau Sally Chui
Bought by
True Reality Investments Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gagik Barseghyan Revocable Trust -- None Listed On Document
Barseghyan Gagik -- None Listed On Document
Barseghyan Gagik $638,000 Stewart Title Of Ca Inc
True Reality Investments Llc $499,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barseghyan Gagik $606,100
Previous Owner Lau Norman John $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $638,000 -1.7% $419 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
09/06/2019 09/06/19 For Sale $649,000 -- $426 / 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 $8,564 $697,740 $513,027 $184,713
2024 $8,564 $684,060 $502,968 $181,092
2023 $8,401 $670,648 $493,106 $177,542
2022 $8,015 $657,499 $483,438 $174,061
2021 $7,915 $644,608 $473,959 $170,649
2019 $2,516 $185,559 $74,220 $111,339
2018 $2,407 $181,921 $72,765 $109,156
2016 $2,289 $174,859 $69,941 $104,918
2015 $2,258 $172,234 $68,891 $103,343
2014 $2,274 $168,861 $67,542 $101,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19213891

California Regional Multiple Listing Service (CRMLS)

APN: 2120-031-007