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7437 Bothwell Road

7437 Bothwell Road, Reseda, CA 91335
Property in Reseda
Sold Apr 27, 2007
$615,000
$422,000 by Nations Direct Mortgage Llc
Mortgage Due Oct 01, 2050
Sold Jan 13, 2006
$685,000
$548,000 by Wmc Mortgage Corp
Mortgage Due Feb 01, 2036
7437 Bothwell Road in Reseda, CA was first built in 1987 and is 37 years old. Although, the building on the property was most recently renovated and altered in 1992. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7437 Bothwell Road has 2,382 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 510 ft and the linear feet between the front and back of the lot is 1,050. In total, the area measurement of the land is 5,355 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7437 Bothwell Road sold most recently in Mar 22, 2007 for a total of $615,000. If you work out the math, that's approximately a cost of $258.19 per sqft. Before that, the property was also sold for $685,000 in Jan 9, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $9,951 in taxes each year. 7437 Bothwell Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $844,869. If we break it down further, the land itself was valued at $619,281. Improvements to the property, however, were assessed at a total of $225,588. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,355
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 510
  • Total Building Area: 2,382
  • Building Area: 2,382
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,382
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 26366
  • Land Acres: 0.123
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=26366 LOT/SEC4

Ownership

  • Current Owner : PENA MARIO A
  • Current Owner 2: PENA MARIA D
  • Previous Owner : ANDREW KENDRA
  • Owner Before Previous Owner: JAYAWICKRAMA PRASANNA A
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 131701

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 14-A3
  • Subdivision Tract Number: 26366
  • Parcel: 2116-004-042
  • Lot: 4
  • Municipality: NORTH /WINNETKA
  • Latitude: 34.2057
  • Longitude: -118.561

    Address

  • Full Address: 7437 Bothwell Rd
  • Address - House Number: 7437
  • Address - Street Name: Bothwell
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Reseda
  • Carrier Code: C003
  • 4-Digit Zip Code: 2405
  • Zip Code: 91335

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,951
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2304
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 68
  • Final Value: 1,043,364
  • High Value: 1,283,847
  • Low Value: 802,881

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $422,000
  • First Open Lien Mortgage Lender: NATIONS DIRECT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 30, 2020
  • First Open Lien Mortgage Loan Amount: $422,000
  • 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: Oct 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $844,869
  • Assessed Land Value: $619,281
  • Assessed Improvements Value: $225,588

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 22, 2007
  • Current Sale Recording Date: Apr 27, 2007
  • Current Sale Transaction ID: 1029762332
  • Current Sale Price: $615,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 07-1022947
  • Previous Sale Recording Date: Jan 13, 2006
  • Previous Sale Contract Date: Jan 09, 2006
  • Previous Sale Amount: $685,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIMORTGAGE INC
  • First Mortgage Transaction Date: Apr 27, 2007
  • First Mortgage Loan Amount: $492,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: May 01, 2037

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WMC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 13, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $548,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Feb 01, 2036

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Frequently Asked Questions

What neighborhood is 7437 Bothwell Road located in?
The 7437 Bothwell Road is a located in the neighborhood of Reseda in South Valley, Reseda.
What is the average sales price for listings in 7437 Bothwell Road?
The average sales price for units in 7437 Bothwell Road is $0 currently.

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