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7744 Jellico Avenue

7744 Jellico Avenue, Northridge, CA 91325
Property in Lake Balboa
Sold Aug 10, 1993
$309,181
$2,400,000 by Finance Of America Reverse Llc
Mortgage Due Jun 11, 2101
7744 Jellico Avenue in Northridge, CA was first built in 1935 and is 89 years old. Although, the building on the property was most recently renovated and altered in 1940. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 8 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 7744 Jellico Avenue has 2,361 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 1,110 ft and the linear feet between the front and back of the lot is 2,800. In total, the area measurement of the land is 31,079 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of wood shake/ shingles. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. 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. The condition of the building has been evaluated as average. 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, 7744 Jellico Avenue sold most recently in May 4, 1993 for a total of $309,181. If you work out the math, that's approximately a cost of $130.95 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 $12,273 in taxes each year. 7744 Jellico Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $638,669. If we break it down further, the land itself was valued at $368,222. Improvements to the property, however, were assessed at a total of $270,447. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1935
  • Effective Year Built: 1940
  • Building Count: 2
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 31,079
  • Lot Size Depth Feet: 2,800
  • Lot Size Frontage Feet: 1,110
  • Total Building Area: 2,361
  • Building Area: 2,361
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,361
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE SAN FERNANDO URBAN HOMES TRACT
  • Land Acres: 0.714
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SAN FERNANDO RURBAN HOMES LOT/SEC 16

Ownership

  • Current Owner : ORTIZ RONALD STEVEN
  • Previous Owner : BAIN DANIEL A
  • Previous Owner 2: BAIN SANDRA L BURNARD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 131200

Zoning

  • Zoning: LARA

Geography

  • Assessors Map Reference: 14-D2
  • Parcel: 2202-002-004
  • Lot: 16
  • Municipality: NORTH /NORTHRDG RES INC
  • Latitude: 34.2115
  • Longitude: -118.517

    Address

  • Full Address: 7744 Jellico Ave
  • Address - House Number: 7744
  • Address - Street Name: Jellico
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Northridge
  • Carrier Code: C008
  • 4-Digit Zip Code: 4510
  • Zip Code: 91325

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,273
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 1,682,954
  • High Value: 1,796,977
  • Low Value: 1,568,931

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,400,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA REVERSE LLC
  • First Open Lien Mortgage Recording Date: Apr 21, 2022
  • First Open Lien Mortgage Loan Amount: $2,400,000
  • First Open Lien Mortgage Term: 949
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 11, 2101

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $638,669
  • Assessed Land Value: $368,222
  • Assessed Improvements Value: $270,447

    Sales

  • Current Sale Contract Date: May 04, 1993
  • Current Sale Recording Date: Aug 10, 1993
  • Current Sale Transaction ID: 1028438755
  • Current Sale Price: $309,181
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 93-1542139

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NATL TRUST & S
  • First Mortgage Transaction Date: Aug 10, 1993
  • First Mortgage Loan Amount: $247,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Aug 01, 2023

    Financing

  • First Mortgage Financing Type: Variable

About South Valley



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Frequently Asked Questions

What neighborhood is 7744 Jellico Avenue located in?
The 7744 Jellico Avenue is a located in the neighborhood of Lake Balboa in South Valley, Northridge.
What is the average sales price for listings in 7744 Jellico Avenue?
The average sales price for units in 7744 Jellico Avenue is $0 currently.

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