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7328 Balcom Avenue

7328 Balcom Avenue, Reseda, CA 91335
Property in Reseda
Refi Jul 16, 2021
Transfer
$380,000 by Home Point Financial Corporati
Mortgage Due Aug 01, 2051
Local assessors in Reseda, CA have categorized 7328 Balcom Avenue as a residential type of property. The home was built in 1927 and is 97 years old. It was most recently renovated and altered in 1930. The property's lot size has been calculated to be 6,752 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7328 Balcom Avenue has a total of 1,183 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 7328 Balcom Avenue was last assessed in 2023. The total value of the property was assessed at $606,900. Specifically, the land the property is located on was valued at $402,900. While improvements on the property were assessed at a total of $204,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $7,215. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,752
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,183
  • Building Area: 1,183
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,183
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 8789
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 8789 LOT/SEC 7 BLK/DIV/TWN 7

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 131802

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 14-D3
  • Subdivision Tract Number: 8789
  • Parcel: 2121-013-007
  • Block: 7
  • Lot: 7
  • Municipality: NORTH /EAST RESEDA
  • Latitude: 34.2038
  • Longitude: -118.521

    Address

  • Full Address: 7328 Balcom Ave
  • Address - House Number: 7328
  • Address - Street Name: Balcom
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Reseda
  • Carrier Code: C013
  • 4-Digit Zip Code: 3311
  • Zip Code: 91335

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,215
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 877,954
  • High Value: 1,074,087
  • Low Value: 681,821

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Jul 16, 2021
  • First Open Lien Mortgage Loan Amount: $380,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $606,900
  • Assessed Land Value: $402,900
  • Assessed Improvements Value: $204,000

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Frequently Asked Questions

What neighborhood is 7328 Balcom Avenue located in?
The 7328 Balcom Avenue is a located in the neighborhood of Reseda in South Valley, Reseda.
What is the average sales price for listings in 7328 Balcom Avenue?
The average sales price for units in 7328 Balcom Avenue is $0 currently.

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