NOT LISTED FOR SALE

7526 Newcastle Ave Reseda, CA 91335

Estimated Value: $760,000 - $942,000

3 Beds
1.5 Baths
1,140 Sq Ft
$739/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $680,000 $596 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,191/month

Highlights

  • Property is near public transit
  • No HOA
  • 2 Car Attached Garage
  • Wood Flooring
  • Shutters
  • Eat-In Kitchen

About This Home

As of September 2021

What an amazing neighborhood in Reseda. Great house that needs some TLC in the middle of a tree lined street. Fix and save on this Reseda home! The price is already adjusted for the work that this home needs. Open kitchen with tiled countertops and lots of cabinets. Dining area and living room combo. For families or buyers that are just starting out. 3 bedrooms with the master having its own bath. Don’t curb appraise this home as landscaping is needed. The backyard is large and has a covered patio. There is a two car attached garage that has access from one of the bedrooms. This could make a nice junior adu or studio. This home is close to Lake Balboa, public transportation, and shopping centers.

Last Agent to Sell the Property

Michael Volante

Pinnacle Estate Properties, Inc. License #00969329 Listed on: 08/04/2021

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

Jonathan Kallestad

Realty One Group Success License #01718724

Realty One Group Success

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,702

Year Built

  • Built in 1957

Lot Details

  • 6,251 Sq Ft Lot
  • Wood Fence
  • Back Yard
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway
  • Off-Street Parking

Home Design

  • Fixer Upper
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,140 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Shutters
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Mirrored Closets Doors
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Property is near public transit
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 109
  • Tax Tract Number 4789
  • Assessor Parcel Number 2120023017

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,702

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2120023017
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1140.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s)
  • Eating Area: Area, In Kitchen, In Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 596.49
  • Room Type: All Bedrooms Down
  • Window Features: Blinds, Shutters
  • Bathroom Features: Shower In Tub, Exhaust Fan(s), Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Off Street
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Near Public Transit
  • Lot Size Sq Ft: 6251.00
  • Lot Size Acres: 0.1435

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6251.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1318.00
  • Tax Lot: 109
  • Tax Tract Number: 4789

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Aug 16, 2021
Sold by
Edgardo And Ye Owe Chai Magcalas Trust
Bought by
Ervin Melisa and Montgomery Jocelyn
Seller's Agent
Michael Volante
Pinnacle Estate Properties, Inc.
Buyer's Agent
Jonathan Kallestad
Realty One Group Success
List Price
$649,950
Sold Price
$680,000
Premium/Discount to List
$30,050
4.62%
Current Estimated Value
$842,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,246
Avg. Annual Appreciation
5.41%
Original Mortgage
$510,000
Outstanding Balance
$463,049
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$379,197

Purchase Details

Closed on
Jun 23, 2017
Sold by
Magcalas Ye Owe Chai
Bought by
Magcalas Ye Owe Chai and Edgardo And Ye Owe Chai Magcalas Trust

Purchase Details

Closed on
Sep 20, 2007
Sold by
Magcalas Edgardo S
Bought by
Magcalas Edgardo S and Magcalas Ye Owe Chai

Purchase Details

Closed on
May 24, 1996
Sold by
Texas Commerce Bank National Assn
Bought by
Magcalas Edgardo S and Magcalas Ye Owe Chai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.09%

Purchase Details

Closed on
Feb 1, 1996
Sold by
Arvanitis James E
Bought by
Texas Commerce Bank National Assn

Purchase Details

Closed on
Jun 25, 1995
Sold by
Arvanitis James E
Bought by
Pacific Properties Inc
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
Ervin Melisa $680,000 Priority Title
Magcalas Ye Owe Chai -- None Available
Magcalas Edgardo S -- None Available
Magcalas Edgardo S -- None Available
Magcalas Edgardo S $120,000 Fidelity National Title Co
Texas Commerce Bank National Assn $131,814 First American Title Co
Pacific Properties Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ervin Melisa $510,000
Previous Owner Magcalas Edgardo S $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $680,000 +4.6% $596 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $649,950 -- $570 / 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 $8,702 $721,619 $577,296 $144,323
2024 $8,702 $707,471 $565,977 $141,494
2023 $8,534 $693,600 $554,880 $138,720
2022 $8,137 $680,000 $544,000 $136,000
2021 $2,449 $184,144 $116,627 $67,517
2020 $2,469 $182,257 $115,432 $66,825
2019 $2,380 $178,684 $113,169 $65,515
2018 $2,300 $175,181 $110,950 $64,231
2016 $2,191 $168,381 $106,643 $61,738
2015 $2,161 $165,853 $105,042 $60,811
2014 $2,177 $162,605 $102,985 $59,620
Source: Public Records

Agents Affiliated with this Home

  • Michael Volante

    Seller's Agent in 2021

    Michael Volante

    Pinnacle Estate Properties, Inc.

    (818) 993-7370

    51 in this area

    89 Total Sales

    Michael Volante
    Section Image

  • J

    Buyer's Agent in 2021

    Jonathan Kallestad

    Realty One Group Success

    (661) 644-2182

    1 in this area

    62 Total Sales

    Jonathan Kallestad
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21171008

California Regional Multiple Listing Service (CRMLS)

APN: 2120-023-017

California Los Angeles County Reseda 91335

7526 Newcastle Ave, Reseda, CA

This home is located at 7526 Newcastle Ave, Reseda, CA 91335 since 04 August 2021 and is currently estimated at $842,246, approximately $738 per square foot. This property was built in 1957. 7526 Newcastle Ave is a home located in Los Angeles County with nearby schools including Anatola Avenue Elementary School, Northridge Middle School, and Magnolia Science Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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