NOT LISTED FOR SALE

16800 Covello St van Nuys, CA 91406

Estimated Value: $691,000 - $785,755

2 Beds
1 Bath
868 Sq Ft
$857/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $665,000 $766 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,619/month

26 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • 1 Car Attached Garage
  • Front Yard

About This Home

As of October 2023

Charming home in Lake Balboa. Perfect starter home in this peaceful neighborhood. This 2 BD + 1 BA home has a great layout and sits on a generous corner lot - just under 7,000 sq ft. With a yard on each side of the house, there are many possibilities! One side has a covered patio and is enclosed with a brick privacy wall. The other side is huge and has new wooden fencing. Plenty of room to expand the home or for an ADU and/or a pool! New roof! The home has an attached single-car garage and a carport.

Last Agent to Sell the Property

Betty Galvan

Rodeo Realty License #01751305 Listed on: 09/21/2023

Rodeo Realty

Last Buyer's Agent

Jesse Perez

Pinnacle Estate Properties License #01414689

Pinnacle Estate Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 6,919 Sq Ft Lot
  • Front Yard
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 868 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 14659
  • Assessor Parcel Number 2226023022
  • $243 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2226023022
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 868.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 766.13
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6919.00
  • Lot Size Acres: 0.1588

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6919.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1321.02
  • Tax Lot: 51
  • Tax Tract Number: 14659
  • TaxOtherAnnualAssessmentAmount: 243.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Oct 2, 2023
Sold by
Rachel Ochoa Living Trust
Bought by
Perez Jesus Angel
Seller's Agent
Betty Galvan
Rodeo Realty
Buyer's Agent
Jesse Perez
Pinnacle Estate Properties
List Price
$679,999
Sold Price
$665,000
Premium/Discount to List
-$14,999
-2.21%
Views
48
Current Estimated Value
$756,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,557
Avg. Annual Appreciation
5.14%
Original Mortgage
$679,297
Outstanding Balance
$663,602
Interest Rate
7.18%
Mortgage Type
VA
Estimated Equity
$80,337

Purchase Details

Closed on
Mar 26, 2022
Sold by
Ochoa Flores Rachel
Bought by
Rachel Ochoa Living Trust and Ochoa

Purchase Details

Closed on
May 14, 2003
Sold by
Ochoa John B
Bought by
Ochoa John B and Barraza Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,400
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 1996
Sold by
Moran Don
Bought by
Ochoa John B and Ochoa Diana F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,947
Interest Rate
8.42%
Mortgage Type
FHA
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
Perez Jesus Angel $665,000 Fidelity National Title
Rachel Ochoa Living Trust -- None Listed On Document
Flores Rachel Ochoa -- None Listed On Document
Ochoa John B -- Landsafe Title
Barraza Debra -- Landsafe Title
Ochoa John B $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Jesus Angel $679,297
Previous Owner Barraza Debra $105,400
Previous Owner Ochoa John B $108,947
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2023 10/31/23 Sold $665,000 -2.2% $766 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $679,999 0.0% $783 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $679,999 -- $783 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,226 $678,300 $581,196 $97,104
2024 $8,226 $665,000 $569,800 $95,200
2023 $9,032 $732,360 $586,500 $145,860
2022 $6,270 $517,087 $409,094 $107,993
2021 $2,786 $223,979 $162,182 $61,797
2020 $2,810 $221,684 $160,520 $61,164
2019 $2,704 $217,338 $157,373 $59,965
2018 $2,598 $213,078 $154,288 $58,790
2016 $2,474 $204,806 $148,298 $56,508
2015 $2,438 $201,731 $146,071 $55,660
2014 $2,453 $197,780 $143,210 $54,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23177324

California Regional Multiple Listing Service (CRMLS)

APN: 2226-023-022