NOT LISTED FOR SALE

7550 Ruffner Lake Balboa, CA 91406

Estimated Value: $732,000 - $1,167,000

3 Beds
1 Bath
1,172 Sq Ft
$804/Sq Ft Est. Value

Last Sold November 03, 2016

Last sale price $460,000 $392 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,578/month

3 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Private Yard
  • Cul-De-Sac
  • Corner Lot
  • No HOA
  • Home Security System

About This Home

As of November 2016

Come see this hidden gem! Situated in a quite, cul de sac of Lake Balboa, it is truly one of a kind. It is a 3 bedroom and 1 bath home with a good size yard. Newly installed kitchen countertops, with a modern look and real wood floors throughout. A large sunroom is added in the back of the house, a great place to relax or entertain guests. This property is perfect for your growing family and for first time homebuyers.

Last Agent to Sell the Property

Koorosh Adibzadeh

eXp Realty of California Inc License #01971142 Listed on: 09/09/2016

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 7,279 Sq Ft Lot
  • Cul-De-Sac
  • Corner Lot
  • Private Yard
  • Back and Front Yard

Parking

  • 1 Car Garage

Interior Spaces

  • 1,172 Sq Ft Home
  • Dining Room
  • Home Security System

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Additional Features

  • Rain Gutters
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 17016

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Security System
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1172.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Levels: One
  • Price Per Square Foot: 392.49
  • Room Type: All Bedrooms Down, Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Corner Lot, Yard
  • Lot Size Sq Ft: 7279.00
  • Price Per Lot Square Foot: 61.13

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 17016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2016
Closed on
Oct 3, 2016
Sold by
Tanksley Angel L and Tanksley Marcus A
Bought by
Hawkins Brandon B and Brown Evelyn Villapudua
Seller's Agent
Koorosh Adibzadeh
eXp Realty of California Inc
List Price
$445,000
Sold Price
$460,000
Premium/Discount to List
$15,000
3.37%
Current Estimated Value
$942,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,720
Avg. Annual Appreciation
8.18%
Original Mortgage
$451,668
Outstanding Balance
$371,590
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$571,130

Purchase Details

Closed on
Oct 28, 2015
Sold by
Tanksley Angel Laketa and Tanksley Marcus Anthony
Bought by
Tanksley Angel L and Tanksley Marcus A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,800
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2008
Sold by
Bank Of New York
Bought by
Tanksley Angel Laketa and Tanksley Marcus Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,916
Interest Rate
6.42%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 2, 2008
Sold by
Ibarra Ena N
Bought by
Bank Of New York and Cwalt Inc Alternative Loan Trust 2005-82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,916
Interest Rate
6.42%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 2005
Sold by
Ibarra Ena N and Ibarra Ena Negro
Bought by
Ibarra Ena N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 25, 2005
Sold by
Negro Maria Guadalupe
Bought by
Negro Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
7.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 3, 2005
Sold by
Negro Luis
Bought by
Ibarra Ena Negro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
7.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 28, 2005
Sold by
Mccluer Ana Lilian
Bought by
Negro Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
7.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 22, 2004
Sold by
Negro Luis
Bought by
Negro Luis and Mccluer Ana Lillian

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
7.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2001
Sold by
Negro Maria
Bought by
Negro Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,669
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2001
Sold by
Negro Luis and Mccluer Ana Lilian
Bought by
Negro Luis and Mccluer Ana Lilian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,669
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Negro Luis and Mccluer Ana Lilian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,062
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 1997
Sold by
Fisher Terry D and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hawkins Brandon B $460,000 Pacific Coast Title Co
Tanksley Angel L -- Lawyers Title
Tanksley Angel Laketa $329,000 Landsafe Title
Bank Of New York $362,500 Landsafe Title
Ibarra Ena N -- Investors Title Company
Negro Luis -- Investors Title Company
Ibarra Ena Negro $410,000 Investors Title Company
Negro Luis -- --
Negro Luis -- Lawyers Title Co
Negro Luis -- Lawyers Title Company
Negro Luis -- Lawyers Title Company
Negro Luis -- Lawyers Title Company
Negro Luis $131,500 First American
Federal Home Loan Mortgage Corporation $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawkins Brandon B $451,668
Previous Owner Tanksley Angel L $320,800
Previous Owner Tanksley Angel Laketa $323,916
Previous Owner Ibarra Ena N $420,000
Previous Owner Ibarra Ena Negro $307,500
Previous Owner Negro Luis $220,000
Previous Owner Negro Luis $136,669
Previous Owner Negro Luis $130,062
Closed Ibarra Ena Negro $102,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2016 11/03/16 Sold $460,000 +3.4% $392 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $445,000 -- $380 / 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 $7,484 $601,562 $427,093 $174,469
2024 $7,397 $589,768 $418,719 $171,049
2023 $7,256 $578,205 $410,509 $167,696
2022 $6,922 $566,868 $402,460 $164,408
2021 $6,833 $555,754 $394,569 $161,185
2019 $6,596 $478,583 $382,867 $95,716
2018 $5,775 $469,200 $375,360 $93,840
2017 $5,647 $460,000 $368,000 $92,000
2016 $4,324 $357,887 $252,698 $105,189
2015 $4,260 $352,512 $248,903 $103,609
2014 $4,280 $345,608 $244,028 $101,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16198810

California Regional Multiple Listing Service (CRMLS)

APN: 2226-013-002