NOT LISTED FOR SALE

16740 Tim Ln van Nuys, CA 91406

Estimated Value: $652,000 - $750,000

3 Beds
2.5 Baths
1,899 Sq Ft
1.66 Acre Lot

Sale Details

Date Sold: April 21, 2016

Last sale price $515,000 $271 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,506 / mo

5 Days on Market

Highlights

  • 72,325 Sq Ft lot
  • Living Room with Fireplace
  • Ceramic Tile Flooring
  • Contemporary Architecture
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of April 2016

Lying on a private gated street is this large two story Mediterranean style property. The downstairs features high ceilings, an ideal open floor plan, upgraded chef's kitchen with granite countertops and stainless steel appliances, and a fireplace in the living room. The living and dining room area opensout onto a good sized private outdoor space. Upstairs there are four good sized bedrooms (one does not have a closet) plus an office space in the loft area. The master bedroom is a true master suite with a full spa like upgraded master bath including separate shower and bathtub. The property also has built in surround sound throughout downstairs and the master suite. This is a great opportunity to get an updated large property at a reasonable price.

Last Agent to Sell the Property

Eric Smilay

Nourmand & Associates-BH License #01710731 Listed on: 01/12/2016

Nourmand & Associates-BH

Last Buyer's Agent

George Simpson

License #01471505

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • 1.66

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,899 Sq Ft Home
  • Living Room with Fireplace
  • Laundry in Garage

Flooring

  • Laminate
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2231-018-039

Community Details

Overview

  • 27 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

1.66 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Complex Name: Tim Lane
  • Entry Floor: 1
  • Living Area: 1899
  • Planned Urban Dev: 0
  • Probate: No
  • Year Built: 2005
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Cement, Ceramic Tile, Laminate
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 262.77

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 90.00

Lot Info

  • Assessor Parcel Number: 2231-018-039
  • Geocode Override: No
  • Lot Size Area: 72325

Rental Info

  • Lease Option: 1

Multi Family

  • Number Of Units: 27

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2016
Sold by
Bought by
Current Estimated Value
$716,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 19, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 26, 2013
Closed on
Apr 11, 2014
Sold by
Bought by
Seller's Agent
Lisa Agbalaya
Coldwell Banker Residential Br
Buyer's Agent
Eric Smilay
Nourmand & Associates-BH
List Price
$380,000
Sold Price
$370,000
Premium/Discount to List
-$10,000
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$345,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
4.78%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,905
Interest Rate
7.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$515,000 Fatcola
-- None Available
$370,000 Progressive
$350,000 Calcounties Title Nation
-- New Century Title Co La Gd
$499,000 Investors Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $412,000
Previous Owner $345,000
Previous Owner $343,660
Previous Owner $508,000
Previous Owner $404,905
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2016 04/21/16 Sold $515,000 +3.2% $271 / Sq Ft
01/12/2016 01/12/16 For Sale $499,000 +34.9% $263 / Sq Ft
04/30/2014 04/30/14 Sold $370,000 -2.6% $195 / Sq Ft View Prior Sale
09/30/2013 09/30/13 Pending -- -- --
09/26/2013 09/26/13 For Sale $380,000 -- $200 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,647 $609,649 $343,417 $266,232
2024 $7,547 $597,696 $336,684 $261,012
2023 $7,400 $585,978 $330,083 $255,895
2022 $7,052 $574,489 $323,611 $250,878
2021 $6,957 $563,225 $317,266 $245,959
2019 $6,748 $546,520 $307,856 $238,664
2018 $6,672 $535,805 $301,820 $233,985
2016 $4,793 $383,145 $164,752 $218,393
2015 $4,724 $377,391 $162,278 $215,113
2014 $4,724 $368,544 $149,523 $219,021
Source: Public Records

Agents Affiliated with this Home

  • Eric Smilay

    Seller's Agent in 2016

    Eric Smilay

    Nourmand & Associates-BH

    (310) 274-4000

    25 Total Sales

    Eric Smilay
    Section Image

  • G

    Buyer's Agent in 2016

    George Simpson

  • B

    Buyer's Agent in 2016

    Barbara Wiesener

  • L

    Seller's Agent in 2014

    Lisa Agbalaya

    Coldwell Banker Residential Br

See All Agents

Map

Source: The MLS

MLS Number: 16-971181

The MLS

APN: 2231-018-039

California Los Angeles County Van Nuys 91406

16740 Tim Ln, Van Nuys, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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