NOT LISTED FOR SALE

7714 Rhea Ave Reseda, CA 91335

Estimated Value: $986,758 - $1,231,000

5 Beds
4 Baths
1,878 Sq Ft
$572/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $924,850 $492 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,716/month

Highlights

  • Open Floorplan
  • 1-Story Property
  • Carpet
  • Valley Academy of Arts & Sciences Rated A-

About This Home

As of December 2021

Welcome home to this unique opportunity. Two homes on one lot, located in one of the most beautiful and quiet neighborhoods of Reseda. Each home has its own address, separate electricity, tankless water heaters, air conditioning, and laundry. Residence 7714: approximately 1100 sq ft that was completely remodeled in 2013. This is a 3 bedroom, 2 bathroom open floor plan with an open-concept kitchen with freshly painted cabinets. It has tile flooring throughout the living space and carpets in the bedrooms. Residence 7716: approximately 800 sq ft of new construction that was done in 2019 (ADU). This is a 2 bedroom, 2 bathroom open floor plan with a kitchen, conforming to the most recent building and safety standards. It has laminate flooring throughout, except the kitchen and bathrooms which are tiled. Additionally, there is an attached 400 sq ft 2 car garage and a large driveway. The huge backyard has been split into two with a new modern fence, giving both sides a very large outdoor space! As you enter 7714 there is a door for access to 7716 that was drywalled over. This makes it extremely easy to convert back into a single family residence. This is a great chance for a multiple generation family to all live nearby yet have their individual privacy! 7716 is currently tenant-occupied on a Month-to-Month lease. Tenant is willing to stay or vacate. Offers will be subject to just viewing 7714 and once we are in escrow we will accommodate to view and inspect 7716. This home provides additional income opportunities or a customized living situation for your family.

Last Agent to Sell the Property

Mark Moskowitz Team

Keller Williams Westlake Village License #01128018 Listed on: 08/17/2021

Keller Williams Westlake Village

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,950

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 7,667

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Car Garage
  • Driveway

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,950

Year Built

Built in 1954 | Remodeled

Lot Details

0

Listing Details

  • Total Bathrooms: 4.00
  • Unit Levels: One
  • Listing Member Name: Mark Moskowitz Team
  • Listing Office Short Id: CG13890001
  • List Office Board Code: Conejo Simi Moorpark Association (CSMAR)
  • Open House Office I D: 20160917164813632933000000
  • Prop. Type: C
  • Selling Member Short Id: CRS-SR207064181
  • Selling Office Short Id: CRS-SR0036601
  • Tract Suffix: Avenue
  • Year Built: 1954
  • OFFICELIST_ZIP4: 1822
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Advertising Remarks: undefined
  • Appliances: Dishwasher
  • Bathroom Features: Shower Over Tub
  • Basement Full Bathrooms: 4
  • Cooking Appliances: Cooktop - Gas, Microwave, Oven-Gas
  • Doors: Sliding Glass Door(s)
  • DwellingTotalFloors: 1
  • Fireplace: No
  • Flooring: Carpet, Laminated, Vinyl Tile
  • Interior Amenities: Open Floor Plan
  • Kitchen Features: Granite Counters
  • Laundry Locations: Area in Unit

Exterior Features

  • Common Walls: Yes
  • New Construction: Unknown
  • Disclosures: None
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Spa: No
  • View: No

Garage/Parking

  • Parking Features: Driveway
  • ParkingSpacesInformationTotalGarageSpaces: 2.00

Utilities

  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Water Heater Feature: None

Condo/Co-op/Association

  • Total Number of Units In Complex: 2
  • HOA1InformationHOA: No

Lot Info

  • Lot Description: Back Yard
  • Zoning: LARS

Rental Info

  • Land Lease Type2: Fee Simple
  • LandlordPaysFor: Gardner
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Tax Info

  • APNTaxID: 2103019008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Oct 8, 2021
Sold by
Barmaki Cyrus
Bought by
Faiz Abu N
Seller's Agent
Mark Moskowitz Team
Keller Williams Westlake Village
List Price
$924,850
Sold Price
$924,850
Current Estimated Value
$1,074,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,840
Avg. Annual Appreciation
4.00%
Original Mortgage
$0
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2019
Sold by
Ajdari Mohammad Mehdi
Bought by
Barmaki Cyrus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2011
Sold by
Watson Kenya L
Bought by
Ajdari Mohammad Mehdi

Purchase Details

Closed on
Aug 18, 2004
Sold by
Wisdom Joyce L
Bought by
Watson Kenya L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
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
Faiz Abu N $929,000 Stewart Title Of California In
Barmaki Cyrus $800,000 Lawyers Title Company
Ajdari Mohammad Mehdi $220,000 Old Republic Title Company
Watson Kenya L $385,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faiz Abu N $0
Previous Owner Barmaki Cyrus $300,000
Previous Owner Watson Kenya L $346,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2021 12/07/21 Sold $924,850 0.0% $492 / Sq Ft
12/07/2021 12/07/21 Sold $924,850 +2.8% $492 / Sq Ft View Prior Sale
11/30/2021 11/30/21 Pending -- -- --
11/07/2021 11/07/21 Pending -- -- --
09/21/2021 09/21/21 Price Changed $899,999 -5.3% $479 / Sq Ft
09/09/2021 09/09/21 Price Changed $949,900 +2.7% $506 / Sq Ft
08/17/2021 08/17/21 For Sale $924,850 -7.5% $492 / Sq Ft
08/12/2021 08/12/21 For Sale $999,900 -- $532 / Sq Ft
Source: Conejo Simi Moorpark Association of REALTORS®

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 $11,950 $985,649 $323,668 $661,981
2024 $11,950 $966,323 $317,322 $649,001
2023 $11,720 $947,376 $311,100 $636,276
2022 $11,176 $928,800 $305,000 $623,800
2021 $9,836 $808,288 $353,626 $454,662
2020 $3,866 $303,221 $202,134 $101,087
2019 $3,719 $297,276 $198,171 $99,105
2018 $3,599 $291,448 $194,286 $97,162
2016 $3,423 $280,133 $186,743 $93,390
2015 $3,372 $275,926 $183,938 $91,988
2014 $3,390 $270,522 $180,335 $90,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Conejo Simi Moorpark Association of REALTORS®

MLS Number: 221004557

Conejo Simi Moorpark Association of REALTORS®

APN: 2103-019-008