NOT LISTED FOR SALE

Estimated Value: $778,000 - $828,000

3 Beds
2 Baths
1,441 Sq Ft
$556/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $740,000 $514 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,444/month

65 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Laundry Room
  • Rear Porch
  • Patio
  • Bungalow

About This Home

As of January 2024

Opportunity knocks with this blank canvas, a true diamond in the rough located in a quaint pocket of Van Nuys. This charming three-bedroom, two-bathroom, 1,441 square foot home is situated on a sizeable 6,749 square foot lot. Whether you are an enthusiastic owner-user seeking to customize this beauty to its former glory or an investor searching for a rewarding project, this property presents the opportunity to create your own masterpiece. This home is equipped with a brand new roof (2023) and a newer HVAC system (2018). Other features include the spacious open layout, vaulted ceilings in the living room and large main bedroom with a sliding door out to the backyard. The spacious backyard offers privacy and shade from the mature trees and covered patio making a perfect place for outdoor living. With relativity close proximity to freeways and great dining options, this property offers endless potential for your dream home or investment. Start your new chapter here, in the heart of Van Nuys. Don't miss the opportunity to make this property your new home!

Last Agent to Sell the Property

John Jansen

Coldwell Banker Realty License #01495998 Listed on: 10/17/2023

Coldwell Banker Realty

Co-Listed By

Casey Covenant

Real Brokerage Technologies Inc License #01859825

Last Buyer's Agent

Ashley Undercuffler

Keller Williams Coastal Prop. License #02199013

Keller Williams Coastal Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,315

Year Built

  • Built in 1940

Lot Details

  • 6,749 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Chain Link Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Bungalow
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,441 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Shed
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 10677
  • Assessor Parcel Number 2218011018
  • $249 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,315

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: LAR1
  • Architectural Style: Bungalow
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2218011018
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1441.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 513.53
  • Room Type: Living Room

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Raised
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Patio And Porch Features: Rear Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6749.00
  • Lot Size Acres: 0.1549

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6749.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1272.20
  • Tax Lot: 17
  • Tax Tract Number: 10677
  • TaxOtherAnnualAssessmentAmount: 249.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Jan 17, 2024
Sold by
Georgana Lynn Tully Trust
Bought by
Frank And Zenorina Velasquez Living Trust and Velasquez
Seller's Agent
John Jansen
Coldwell Banker Realty
Buyer's Agent
Ashley Undercuffler
Keller Williams Coastal Prop.
List Price
$799,900
Sold Price
$740,000
Premium/Discount to List
-$59,900
-7.49%
Views
146
Current Estimated Value
$801,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,138
Avg. Annual Appreciation
5.03%
Original Mortgage
$308,000
Outstanding Balance
$303,178
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$496,099

Purchase Details

Closed on
Aug 13, 2013
Sold by
Mason Georgana L
Bought by
Tully Georgana Lynn and Georgana Lynn Tully Trust
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
Frank And Zenorina Velasquez Living Trust $740,000 California Title Company
Tully Georgana Lynn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank $70,000
Open Frank And Zenorina Velasquez Living Trust $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $740,000 -3.9% $514 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
11/14/2023 11/14/23 Price Changed $769,900 -3.8% $534 / Sq Ft
10/17/2023 10/17/23 For Sale $799,900 -- $555 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,315 $754,800 $600,372 $154,428
2024 $2,315 $178,760 $36,741 $142,019
2023 $2,273 $175,256 $36,021 $139,235
2022 $2,170 $171,820 $35,315 $136,505
2021 $2,136 $168,452 $34,623 $133,829
2019 $2,072 $163,457 $33,597 $129,860
2018 $2,006 $160,253 $32,939 $127,314
2016 $1,901 $154,032 $31,661 $122,371
2015 $1,873 $151,719 $31,186 $120,533
2014 $1,887 $148,748 $30,576 $118,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23187824

California Regional Multiple Listing Service (CRMLS)

APN: 2218-011-018