NOT LISTED FOR SALE

16048 Valerio St van Nuys, CA 91406

Estimated Value: $855,522 - $887,000

3 Beds
2 Baths
1,318 Sq Ft
$659/Sq Ft Est. Value

Last Sold February 13, 2019

Last sale price $552,600 $419 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,184/month

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Updated Kitchen
  • Traditional Architecture
  • Sun or Florida Room

About This Home

As of February 2019

This is a beautiful 3 bedroom and 2 bathroom home nestled in the Lake Balboa community. It is located in a very nice neighborhood, priced to sell. This home is freshly painted and has so much character built in 1948 with beautiful wood flooring ,updated with new windows, granite counters in the kitchen and bathrooms, new landscaped large backyard, new pavers to widen driveway, solar, open floor plan, walls and ceiling recently insulated throughout the house, new front and back yard irrigation, new pex plumbing, and more!! The location is close to shopping with great freeway access. This home is move in ready!!

Last Agent to Sell the Property

Kimberly Thurman

Real Brokerage Technologies, Inc. License #02014473 Listed on: 12/04/2018

Real Brokerage Technologies, Inc.

Co-Listed By

Thomas Marchant

Real Brokerage Technologies, Inc. License #01378449

Last Buyer's Agent

Justin Bonney

Clear Way Real Estate License #01338897

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,557

Year Built

  • Built in 1948

Lot Details

  • 6,994 Sq Ft Lot
  • Property is zoned LARD2

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,318 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 14897
  • Assessor Parcel Number 2206032010

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,557

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Ad Number: 6612120201
  • Other Phone Description: 6613736597
  • Property Attached: No
  • View: No
  • Zoning: LARD2
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2206032010
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1318.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 419.27
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Master Suite, Sun, Walk-In Closet
  • Bathroom Features: Bathtub, Granite Counters
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6994.00
  • Lot Size Acres: 0.1606

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6994.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1274.00
  • Tax Lot: 21
  • Tax Tract Number: 14897

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2018
Closed on
Jan 16, 2019
Sold by
Chiappetta James Blaine and Chiappetta Nasrin Prudy
Bought by
Hart Jonathan M and Hart Natasha
Seller's Agent
Kimberly Thurman
Real Brokerage Technologies, Inc.
Buyer's Agent
Justin Bonney
Clear Way Real Estate
List Price
$575,000
Sold Price
$552,600
Premium/Discount to List
-$22,400
-3.9%
Current Estimated Value
$868,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,781
Avg. Annual Appreciation
6.97%
Original Mortgage
$402,602
Outstanding Balance
$353,247
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$515,134

Purchase Details

Closed on
Apr 8, 2015
Sold by
Mills Kellen Tyler and Mills Karla Jane
Bought by
Chiappetta James Blaine and Chiappetta Nasrin Prudy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,560
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2012
Closed on
Sep 12, 2012
Sold by
1 Valley View Group Llc
Bought by
Mills Kellen Tyler and Mills Karla Jane
Seller's Agent
George Woytovich
Properties West Investment R.E
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$349,000
Sold Price
$349,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$342,678
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 4, 2012
Closed on
Mar 30, 2012
Sold by
Sherman Rosemarie
Bought by
Sherman James C
Seller's Agent
George Woytovich
Properties West Investment R.E
Buyer's Agent
George Woytovich
Properties West Investment R.E
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
325.35%

Purchase Details

Listed on
Mar 4, 2012
Closed on
Mar 12, 2012
Sold by
Kraakevik Mary P and Sherman James C
Bought by
1 Valley View Group Llc
Seller's Agent
George Woytovich
Properties West Investment R.E
Buyer's Agent
George Woytovich
Properties West Investment R.E
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%

Purchase Details

Closed on
Jun 22, 2011
Sold by
Sherman Lloyd M
Bought by
Sherman James C and Kraakevik Mary P
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
Hart Jonathan M $553,000 Wfg Title Company
Chiappetta James Blaine $440,000 Lawyers Title
Mills Kellen Tyler $349,000 Progressive Title Company
Sherman James C -- Progressive Title Company
1 Valley View Group Llc $190,000 Progressive Title Company
Sherman James C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Jonathan M $402,602
Previous Owner Chiappetta James Blaine $395,560
Previous Owner Mills Kellen Tyler $342,678
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/13/2019 02/13/19 Sold $552,600 -3.9% $419 / Sq Ft
01/12/2019 01/12/19 Pending -- -- --
12/04/2018 12/04/18 For Sale $575,000 +64.8% $436 / Sq Ft
09/18/2012 09/18/12 Sold $349,000 0.0% $265 / Sq Ft View Prior Sale
07/23/2012 07/23/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $349,000 +83.7% $265 / Sq Ft
04/16/2012 04/16/12 Sold $190,000 -9.5% $144 / Sq Ft View Prior Sale
03/07/2012 03/07/12 Pending -- -- --
03/04/2012 03/04/12 For Sale $210,000 -- $159 / 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 $7,557 $616,876 $446,205 $170,671
2024 $7,557 $604,781 $437,456 $167,325
2023 $7,413 $592,924 $428,879 $164,045
2022 $7,070 $581,299 $420,470 $160,829
2021 $6,983 $569,902 $412,226 $157,676
2019 $944 $474,047 $337,867 $136,180
2018 $5,727 $464,753 $331,243 $133,510
2016 $5,469 $446,709 $318,382 $128,327
2015 $4,408 $357,587 $179,818 $177,769
2014 $4,429 $350,583 $176,296 $174,287
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18285279

California Regional Multiple Listing Service (CRMLS)

APN: 2206-032-010