NOT LISTED FOR SALE

7701 Rhea Ave Reseda, CA 91335

Estimated Value: $913,475 - $1,015,000

4 Beds
2 Baths
1,866 Sq Ft
$511/Sq Ft Est. Value

Last Sold October 17, 2014

Last sale price $425,000 $228 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $5,603/month

Highlights

  • Private Pool
  • All Bedrooms Downstairs
  • Corner Lot
  • Valley Academy of Arts & Sciences Rated A-
  • Traditional Architecture
  • Pool View

About This Home

As of October 2014

Beautiful pocket of RESEDA. House needs work. This 4 Bedroom + Bonus room with closet, 2 Bath home features over 1,800 Sp.Ft in Living Space, Large Lot 8,700 Sq.Ft. Home has Smooth Ceilings, Dinning area, Entertainers Backyard featuring a beautiful Pool, Attached 2 Car Garage. Corner Lot and cross street ends in a Cul-De-Sac.

Last Agent to Sell the Property

Sandra Fronhofer

No Firm Affiliation License #01731351 Listed on: 08/14/2014

No Firm Affiliation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,346

Year Built

  • Built in 1954

Lot Details

  • 8,700 Sq Ft Lot
  • Wood Fence
  • Brick Fence
  • Fence is in good condition
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,866 Sq Ft Home
  • Carpet
  • Pool Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Private Pool
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 76
  • Tax Tract Number 19126
  • Assessor Parcel Number 2103018015

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,346

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2103018015
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1866.00
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 227.76
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • View: Pool
  • Fence: Yes
  • Fencing: Brick, Good Condition, Wood
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Asphalt, Composition, Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 8700.00
  • Lot Size Acres: 0.2000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8700.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 76
  • Tax Tract Number: 19126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2022
Sold by
Merrill Kathleen Marie
Bought by
Merrill Kathleen Marie and Merrill Kenneth Lee
Current Estimated Value
$953,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$112,492
Interest Rate
5.27%
Mortgage Type
Credit Line Revolving
Estimated Equity
$840,627

Purchase Details

Listed on
Aug 14, 2014
Closed on
Oct 8, 2014
Sold by
Merrill Kenneth Lee
Bought by
Merrill Kathleen
Seller's Agent
Sandra Fronhofer
No Firm Affiliation
List Price
$469,000
Sold Price
$425,000
Premium/Discount to List
-$44,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$403,275
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2014
Closed on
Sep 16, 2014
Sold by
Kabir Ahmed and Kabir Nasreen Rumi
Bought by
Merrill Kathleen
Seller's Agent
Sandra Fronhofer
No Firm Affiliation
List Price
$469,000
Sold Price
$425,000
Premium/Discount to List
-$44,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,275
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 1996
Sold by
California Federal Bank Fsb
Bought by
Kabir Ahmed and Kabir Nasreen Rumi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,850
Interest Rate
7.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 25, 1995
Sold by
Maravilla Cristina and Maravilla Romanito
Bought by
California Federal Bank Fsb
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
Merrill Kathleen Marie -- Chicago Title
Merrill Kathleen -- Priority Title
Merrill Kathleen $424,500 Priority Title
Kabir Ahmed $143,000 Southland Title Corporation
California Federal Bank Fsb $160,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrill Kathleen Marie $125,000
Previous Owner Merrill Kathleen $403,275
Previous Owner Kabir Ahmed $135,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2014 10/17/14 Sold $425,000 -9.4% $228 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
08/14/2014 08/14/14 For Sale $469,000 -- $251 / 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 $6,346 $510,174 $383,383 $126,791
2024 $6,346 $500,171 $375,866 $124,305
2023 $6,227 $490,365 $368,497 $121,868
2022 $5,942 $480,751 $361,272 $119,479
2021 $5,864 $471,326 $354,189 $117,137
2019 $5,692 $457,348 $343,685 $113,663
2018 $5,578 $448,382 $336,947 $111,435
2016 $5,320 $430,972 $323,864 $107,108
2015 $5,243 $424,500 $319,000 $105,500
2014 $2,472 $193,774 $77,236 $116,538
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14074919

California Regional Multiple Listing Service (CRMLS)

APN: 2103-018-015