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7504 Chimineas Avenue

7504 Chimineas Avenue, Reseda, CA 91335
Property in Reseda
Sold Feb 21, 2014
$510,000
$408,000 by Fremont Bank
Mortgage Due Mar 01, 2044
Local assessors in Reseda, CA have categorized 7504 Chimineas Avenue as a residential type of property. The home was built in 1954 and is 70 years old. It was most recently renovated and altered in 1956. The property's lot size has been calculated to be 8,782 square feet. The linear feet between the front and back of the lot was measured at 1,340 ft and the front of the lot was measured at 660 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 11 rooms in the home. Of these, 5 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 are 3 full bathrooms. There are also 3 partial bathrooms. 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 7504 Chimineas Avenue has a total of 2,071 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 wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central 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. 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, 7504 Chimineas Avenue sold most recently in Jan 8, 2014 for a total of $510,000. If you work out the math, that's approximately a cost of $246.26 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,195 in taxes each year. 7504 Chimineas Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $600,904. If we break it down further, the land itself was valued at $350,411. Improvements to the property, however, were assessed at a total of $250,493. 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: 1954
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,782
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,071
  • Building Area: 2,071
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,071
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 17017
  • Land Acres: 0.202
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 17017 LOT/SEC 14

Ownership

  • Current Owner : MUTKA JERRY R
  • Previous Owner : ARSLANIAN HAGOP J
  • Previous Owner 2: ARSLANIAN LINA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 131801

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 14-C3
  • Subdivision Tract Number: 17017
  • Parcel: 2119-007-014
  • Lot: 14
  • Municipality: NORTH /NORTH RESEDA
  • Latitude: 34.2064
  • Longitude: -118.528

    Address

  • Full Address: 7504 Chimineas Ave
  • Address - House Number: 7504
  • Address - Street Name: Chimineas
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Reseda
  • Carrier Code: C037
  • 4-Digit Zip Code: 3123
  • Zip Code: 91335

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,195
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 1,051,405
  • High Value: 1,256,775
  • Low Value: 846,034

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $750,800
  • First Open Lien Mortgage Lender: FREMONT BANK
  • First Open Lien Mortgage Recording Date: Feb 21, 2014
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $408,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2044
  • Second Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Mar 01, 2024
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $342,800
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $600,904
  • Assessed Land Value: $350,411
  • Assessed Improvements Value: $250,493

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 08, 2014
  • Current Sale Recording Date: Feb 21, 2014
  • Current Sale Transaction ID: 1000012466
  • Current Sale Price: $510,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-0181586

    Last Sale Mortgage

  • First Mortgage Lender: FREMONT BANK
  • First Mortgage Transaction Date: Feb 21, 2014
  • First Mortgage Loan Amount: $408,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Mar 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About South Valley



Similar Buildings

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Nearby Rentals

Unit for rent at 6638 Bovey Ave, Reseda, CA, 91335

$5,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,339 ft²
6638 Bovey Ave, Reseda, CA, 91335 Listing by Nataly Margi

Frequently Asked Questions

What neighborhood is 7504 Chimineas Avenue located in?
The 7504 Chimineas Avenue is a located in the neighborhood of Reseda in South Valley, Reseda.
What is the average sales price for listings in 7504 Chimineas Avenue?
The average sales price for units in 7504 Chimineas Avenue is $0 currently.

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