NOT LISTED FOR SALE

16639 Covello St van Nuys, CA 91406

Estimated Value: $696,000 - $892,000

2 Beds
1 Bath
1,064 Sq Ft
$761/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $650,000 $611 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,059/month

5 Days on Market

Highlights

  • Golf Course Community
  • Second Garage
  • Updated Kitchen
  • Fishing
  • RV Access or Parking
  • Community Lake

About This Home

As of November 2020

NEW LISTING “ENGLISH GARDEN” Most Sought After REMODELED LAKE BALBOA RANCH .This is YOUR First time Dream Home. SELLER ALREADY HAS THE PLANS AND PERMITS FOR AN ADU !! CUTE FRONT PORCH EXPANSIVE 1064 Square foot home It has been remodeled with New “Wood LOOK” Designer gray floors throughout ,NEW paint , Giant kitchen with Stainless Appliances, GRANITE COUNTERS,LOADS OF COUNTER SPACE AND STORAGE AND LAUNDRY. UPDATED PLUMBING, OVERSIZED BATH WITH large shower and SEPARATE TUB with plenty of storage. CENTRAL AIR AND HEAT !!! OPEN CONCEPT DINING AND LIVING AREA WITH BUILT IN BUFFET AND PANELED HIGHER CEILINGS. OVERSIZED MASTER WITH SHUTTERS AND MIRRED CLOSET DOORS.
GREAT PRIVATE Backyard filled with Fruit trees AND ficus tree boundary.Entertainer’s Delight Covered Patio. CLOSE NEIGHBORHOOD NETWORK !!
LAKE BALBOA IS A COVETED POCKET WITH A LAKE NEARBY,WALKING/BIKING PATHS, GOLF COURSES,DOG PARK, SKATEBOARD PARK, SUNDAY FARMER’S MARKET , AND MUCH MORE. WALK TO NEARBY RESTAURANTS, GREAT SCHOOLS, 101 AND 405 FREEWAY JUST MINUTES AWAY.

Last Agent to Sell the Property

Peggy Graham- Nyman

The ONE Luxury Properties License #00892501 Listed on: 11/04/2020

The ONE Luxury Properties

Last Buyer's Agent

Kyle Burch

Keller Williams Encino-Sherman Oaks License #02083810

Keller Williams Encino-Sherman Oaks

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 6,500 Sq Ft Lot
  • South Facing Home
  • Block Wall Fence
  • Fence is in excellent condition
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Second Garage
  • Parking Available
  • Single Garage Door
  • Driveway Up Slope From Street
  • RV Access or Parking

Home Design

  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Awning
  • Shutters
  • Wood Frame Window
  • Entrance Foyer
  • Great Room
  • Living Room
  • Family or Dining Combination

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Tile Bathroom Countertop
  • Low Flow Toliet
  • Soaking Tub
  • Separate Shower
  • Low Flow Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 17
  • Assessor Parcel Number 2226013005

Community Details

Overview

  • No Home Owners Association
  • Community Lake

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Dog Park
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1951 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: STOVE, MICROWAVE, DISHWASHER
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAR1
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2226013005
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1064.00 Square Feet
  • Interior Amenities: Copper Plumbing Partial, Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Nook, In Family Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 610.90
  • Room Type: All Bedrooms Down, Entry, Foyer, Great Room, Kitchen, Laundry, Living Room
  • Window Features: Shutters, Wood Frames
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Linen Closet/Storage, Separate Tub And Shower, Soaking Tub, Tile Counters
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Raised
  • Other Structures: Second Garage Detached
  • Exterior Features: Awning(s)
  • Fence: Yes
  • Fencing: Block, Excellent Condition
  • Patio And Porch Features: Brick, Covered, Patio, Porch, Front Porch
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Driveway Up Slope From Street, Garage, Garage - Single Door, RV Access/Parking, RV Potential
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Gas Water Heater, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Gas Dryer Hookup, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Fishing, Golf, Lake, Park, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6500.00
  • Lot Size Acres: 0.1492

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6500.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1321.02
  • Tax Lot: 5
  • Tax Tract Number: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Nov 11, 2020
Sold by
Garcia Margaret F
Bought by
Cooper Cortis K and Smith Barbara J
Seller's Agent
Peggy Graham- Nyman
The ONE Luxury Properties
Buyer's Agent
Kyle Burch
Keller Williams Encino-Sherman Oaks
List Price
$589,000
Sold Price
$650,000
Premium/Discount to List
$61,000
10.36%
Current Estimated Value
$810,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,192
Avg. Annual Appreciation
4.43%

Purchase Details

Closed on
Sep 30, 2016
Sold by
Garcia Margaret F
Bought by
Garcia Margaret F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2014
Closed on
Jul 28, 2014
Sold by
Rojas Kelly Wohlers
Bought by
Riley Margaret F
Seller's Agent
Holly Krupnick
Rodeo Realty
Buyer's Agent
Diana Cerritos
Trinity Real Estate Group
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$319,200
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 1998
Sold by
Federal National Mtge Assn
Bought by
Wohlers Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,150
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 19, 1998
Sold by
Federal National Mtge Assn and Michael Jeffrey
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 10, 1995
Sold by
Federal National Mortgage Association
Bought by
Morrill Jeffrey Michael and Morrill Rebecca Lucile

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,150
Interest Rate
8.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 29, 1994
Sold by
Olson Ty and Shaps Olson Tina
Bought by
Ge Capital Mtg Services Inc and Travelers Mtg Services Inc

Purchase Details

Closed on
Nov 28, 1994
Sold by
Ge Capital Mtg Services Inc
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cooper Cortis K $650,000 North American Title Company
Garcia Margaret F -- Lawyers Title
Riley Margaret F $399,000 Lawyers Title
Wohlers Kelly $128,000 Commonwealth Land Title Co
Federal National Mortgage Association $114,000 First Southwestern Title Co
Morrill Jeffrey Michael $128,000 American Coast Title
Ge Capital Mtg Services Inc $129,950 First Southwestern Title
Federal National Mortgage Association -- First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Margaret F $325,000
Previous Owner Riley Margaret F $319,200
Previous Owner Wohlers Kelly $124,150
Previous Owner Morrill Jeffrey Michael $124,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2020 11/24/20 Sold $650,000 +10.4% $611 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $589,000 +47.6% $554 / Sq Ft
09/24/2014 09/24/14 Sold $399,000 0.0% $375 / Sq Ft View Prior Sale
07/24/2014 07/24/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $399,000 -- $375 / 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 $9,611 $795,905 $636,724 $159,181
2024 $9,611 $780,300 $624,240 $156,060
2023 $9,425 $765,000 $612,000 $153,000
2022 $7,972 $663,000 $530,400 $132,600
2021 $7,875 $650,000 $520,000 $130,000
2020 $5,496 $438,470 $338,250 $100,220
2019 $5,281 $429,873 $331,618 $98,255
2018 $5,190 $421,445 $325,116 $96,329
2016 $4,958 $405,083 $312,493 $92,590
2015 $4,886 $399,000 $307,800 $91,200
2014 $2,051 $163,681 $89,642 $74,039
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20183177

California Regional Multiple Listing Service (CRMLS)

APN: 2226-013-005