NOT LISTED FOR SALE

16739 Vanowen St Unit l van Nuys, CA 91406

Lake Balboa Neighborhood

Estimated Value: $587,000 - $625,868

2 Beds
2 Baths
1,221 Sq Ft
$497/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $470,000 $385 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,377/month

6 Days on Market

Highlights

  • Spa
  • Community Lake
  • Balcony
  • Primary Bedroom Suite
  • Cathedral Ceiling
  • Soaking Tub

About This Home

As of March 2022

Rare listing in this quiet Lake Balboa complex. Perfect fix and flip opportunity. This end unit is bright, has a two-car garage and a private patio. Interior location in complex next to pool and spa. Needs paint, flooring and kitchen remodel. Bathrooms have been upgraded and are in good condition. Priced to sell. Carpets have been removed throughout unit. Both bedrooms are upstairs with a Jack and Jill bathroom. Additional 3/4 bathroom downstairs. Washer/Dryer hook-ups are located in the garage. Private patio is just off the kitchen and connects to garage.

Last Agent to Sell the Property

Denise Hoffman

Rodeo Realty License #00892570 Listed on: 02/19/2022

Rodeo Realty

Last Buyer's Agent

Haik Bokhchalian

JohnHart Real Estate License #01325511

JohnHart Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,680

Year Built

  • Built in 1974

Lot Details

  • 1 Common Wall
  • Security Fence

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Fire Rated Drywall

Interior Spaces

  • 1,221 Sq Ft Home
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Room
  • Concrete Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Jack-and-Jill Bathroom
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Balcony
  • Brick Porch or Patio
  • Exterior Lighting

Utilities

  • Two cooling system units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 21207
  • Assessor Parcel Number 2225014069

Community Details

Overview

  • 59 Units
  • Vanowen And Forbes Homeowners Assoc. Association, Phone Number (818) 782-9507
  • Community Lake

Recreation

  • Community Pool
  • Community Spa
  • Park
  • Dog Park

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,680

Year Built

Built in 1974

Lot Details

0

HOA Fees

$440 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2225014069
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1221.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Unfurnished
  • Common Walls: 1 Common Wall
  • Flooring: Concrete
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 384.93
  • Room Type: All Bedrooms Up, Jack & Jill, Kitchen, Laundry, Master Suite
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower, Hollywood Bathroom (Jack&Jill), Soaking Tub

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Security
  • Patio And Porch Features: Brick, Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 440.00
  • Association Fee Frequency: Monthly
  • Association Name: Vanowen and Forbes Homeowners Assoc.
  • Phone: 8187829507
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Dog Park, Lake, Park, Sidewalks, Street Lights
  • Association Management: Vanowen and Forbes Homeowners Assoc.

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 59
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 21207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2022
Sold by
Parkway Investment Group Inc
Bought by
Agrawal Aaron R and Agrawal Stephanie R
Total Days on Market
6
Current Estimated Value
$602,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,000
Outstanding Balance
$398,700
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$207,767

Purchase Details

Listed on
Feb 19, 2022
Closed on
Feb 28, 2022
Sold by
Davidheiser Evelyn A
Bought by
Parkway Investment Group Inc
Seller's Agent
Denise Hoffman
Rodeo Realty
Buyer's Agent
Haik Bokhchalian
JohnHart Real Estate
List Price
$449,995
Sold Price
$470,000
Premium/Discount to List
$20,005
4.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$376,000
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 6, 2000
Sold by
Benlulu Rachel
Bought by
Davidheiser Evelyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.9%

Purchase Details

Closed on
Mar 11, 1999
Sold by
Alemu Tigist
Bought by
Benlulu Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,100
Interest Rate
6.98%

Purchase Details

Closed on
May 30, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Alemu Tigist

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.32%

Purchase Details

Closed on
Jan 31, 1995
Sold by
Rose Edward H and Rose Carolyn I
Bought by
Federal Home Loan Mortgage Corporation
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
Agrawal Aaron R $605,000 Progressive Title
Parkway Investment Group Inc $470,000 Progressive Title
Davidheiser Evelyn A $143,000 Chicago Title Co
Benlulu Rachel $98,000 Equity Title
Alemu Tigist $79,000 --
Federal Home Loan Mortgage Corporation $73,000 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agrawal Aaron R $419,000
Previous Owner Parkway Investment Group Inc $376,000
Previous Owner Davidheiser Evelyn A $62,400
Previous Owner Davidheiser Evelyn A $80,000
Previous Owner Benlulu Rachel $93,100
Previous Owner Alemu Tigist $74,500
Previous Owner Alemu Tigist $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2022 03/09/22 Sold $470,000 +4.4% $385 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/19/2022 02/19/22 For Sale $449,995 -- $369 / 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 $7,680 $642,029 $445,813 $196,216
2024 $7,680 $629,441 $437,072 $192,369
2023 $7,531 $617,100 $428,502 $188,598
2022 $2,492 $203,029 $69,989 $133,040
2021 $2,455 $199,049 $68,617 $130,432
2019 $2,382 $193,147 $66,583 $126,564
2018 $2,319 $189,361 $65,278 $124,083
2016 $2,202 $182,010 $62,745 $119,265
2015 $2,169 $179,277 $61,803 $117,474
2014 $2,182 $175,766 $60,593 $115,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22033377

California Regional Multiple Listing Service (CRMLS)

APN: 2225-014-069