NOT LISTED FOR SALE

Estimated Value: $913,966 - $1,271,000

6 Beds
2 Baths
2,550 Sq Ft
$419/Sq Ft Est. Value

Last Sold May 27, 2020

Last sale price $775,000 $304 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,549/month

307 Days on Market

Highlights

  • Guest House
  • No HOA
  • Central Heating and Cooling System
  • Furnished
  • Views
  • 1-Story Property

About This Home

As of May 2020

Brand new remodeled 6 bedroom licensed Congregate Living Home located on a residential street in Reseda, California. Approved as a Congregate Living Health Facility by the State of California Department of Public Health. Has a class A and C licensing . Also has approved medical provider billing number .Brand new business . Never been operated, but can start right away . The sale includes the real estate only. The business license is sold separate for $100,000 . 6 bedrooms and 2 bathrooms around 2,550 sqft living area . Each bedrooms has emergency sliding exit doors , fire sprinklers, backup generator and custom built concrete ramps around the exterior of the rooms. Also has a separate permitted guest house around 550sqft with kitchen, bathroom and 2 bonus rooms. Can be used for nurses rest area or emergency storage for supplies and food.

Last Agent to Sell the Property

Sarkis Chivitchian

Secured Capital Lending, Inc. License #01913085 Listed on: 07/13/2019

Last Buyer's Agent

Sarkis Chivitchian

Secured Capital Lending, Inc. License #01913085 Listed on: 07/13/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,306

Year Built

  • Built in 1950

Lot Details

  • 6,761 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Driveway

Interior Spaces

  • 2,550 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Family Room with Fireplace
  • Laminate Flooring
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2104-027-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,306

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Disability Access: 36 inch or more wide halls, Customized Wheelchair Accessible, Wheelchair Ramp(s)
  • Living Area: 2550
  • Stories: 1
  • Year Built: 1950
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Laminate
  • Bedrooms: 6
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 303.92

Exterior Features

  • Other Structures: GuestHouse
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway - Concrete

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2104-027-015
  • Geocode Override: No
  • Lot Size Area: 6761

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2019
Closed on
May 20, 2020
Sold by
Chivitchian Sarkis
Bought by
Etl Group Llc
Seller's Agent
Sarkis Chivitchian
Secured Capital Lending, Inc.
Buyer's Agent
Sarkis Chivitchian
Secured Capital Lending, Inc.
List Price
$1,150,000
Sold Price
$775,000
Premium/Discount to List
-$375,000
-32.61%
Current Estimated Value
$1,068,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,992
Avg. Annual Appreciation
6.18%

Purchase Details

Closed on
Oct 25, 2017
Sold by
Chivitchian Inga
Bought by
Chivitchian Sarkis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2017
Sold by
Secured Capital Management Llc
Bought by
Chivitchian Sarkis

Purchase Details

Listed on
Mar 2, 2016
Closed on
Mar 9, 2016
Sold by
Us Bank National Association
Bought by
Secured Capital Management Llc
Seller's Agent
Joseph Breckner
Coldwell Banker Realty
Buyer's Agent
Jackie Ovsepyan
Coldwell Banker Realty
List Price
$332,800
Sold Price
$392,000
Premium/Discount to List
$59,200
17.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%
Original Mortgage
$313,000
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2015
Sold by
Orrelana Carlos D
Bought by
U S Bank National Association

Purchase Details

Closed on
Nov 16, 2006
Sold by
Vasquez Orellana Rosa M
Bought by
Orellana Carlos D and Vasquez Orellana Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
6.85%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 27, 2004
Sold by
Orellana Carlos David
Bought by
Vasquez Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2001
Sold by
Gaba Michael R
Bought by
Vasquez Rosa M

Purchase Details

Closed on
Mar 21, 1998
Sold by
Gaba Michael R
Bought by
Gaba Michael R and Vasquez Rosa M

Purchase Details

Closed on
Jun 21, 1996
Sold by
Federal National Mortgage Association
Bought by
Gaba Michael R and Vasquez Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,201
Interest Rate
8.39%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 1996
Sold by
California Federal Bank Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 22, 1996
Sold by
Eszenszky Steven Andrew
Bought by
California Federal Bank Fsb
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
Etl Group Llc $775,000 Stewart Title Of Ca Inc
Chivitchian Sarkis -- Stewart Title Company
Chivitchian Sarkis -- Accommodation
Secured Capital Management Llc $392,000 Servicelink Title Company
U S Bank National Association $386,859 Accommodation
Orellana Carlos D -- Commonwealth Land Title Co
Vasquez Rosa M -- Investors Title Company
Vasquez Rosa M -- --
Gaba Michael R -- --
Gaba Michael R $119,000 Southland Title Corporation
Federal National Mortgage Association -- South Coast Title
California Federal Bank Fsb $120,467 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chivitchian Sarkis $327,000
Previous Owner Secured Capital Management Llc $313,000
Previous Owner Orellana Carlos D $436,000
Previous Owner Vasquez Rosa M $270,000
Previous Owner Gaba Michael R $118,201
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2020 05/27/20 Sold $775,000 0.0% $304 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
04/01/2020 04/01/20 Price Changed $775,000 -8.8% $304 / Sq Ft
03/30/2020 03/30/20 Price Changed $850,000 +9.8% $333 / Sq Ft
01/07/2020 01/07/20 Price Changed $774,000 -3.1% $304 / Sq Ft
11/16/2019 11/16/19 Price Changed $799,000 -25.7% $313 / Sq Ft
10/09/2019 10/09/19 Price Changed $1,075,000 -6.5% $422 / Sq Ft
07/13/2019 07/13/19 For Sale $1,150,000 +193.4% $451 / Sq Ft
03/16/2016 03/16/16 Sold $392,000 +17.8% $391 / Sq Ft View Prior Sale
03/02/2016 03/02/16 For Sale $332,800 -- $332 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
Source: The MLS

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 $10,306 $847,570 $527,134 $320,436
2024 $10,306 $830,952 $516,799 $314,153
2023 $10,108 $814,660 $506,666 $307,994
2022 $9,640 $798,687 $496,732 $301,955
2021 $9,518 $783,028 $486,993 $296,035
2020 $7,409 $591,357 $339,449 $251,908
2019 $5,141 $415,992 $332,794 $83,198
2018 $5,026 $407,836 $326,269 $81,567
2017 $4,915 $399,840 $319,872 $79,968
2016 $4,667 $380,718 $253,812 $126,906
2015 $2,516 $207,204 $87,938 $119,266
2014 $2,532 $203,146 $86,216 $116,930
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 19-488440

The MLS

APN: 2104-027-015