NOT LISTED FOR SALE

16819 Covello St van Nuys, CA 91406

Estimated Value: $887,281 - $930,000

3 Beds
2 Baths
1,477 Sq Ft
$614/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $587,000 $397 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,220/month

172 Days on Market

Highlights

  • RV Access or Parking
  • Contemporary Architecture
  • Private Yard
  • Updated Kitchen
  • Granite Countertops
  • No HOA

About This Home

As of August 2018

Welcome your Buyer's to this LAKE BALBOA Fannie Mae HOMEPATH property featuring a BRAND NEW ROOF, NEW INTERIOR & EXTERIOR paint, NEW VINYL PLANK FLOORING & NEW carpeting, NEW appliances, NEW garage door, central air & heating system plus a private rear yard with rolling gate possible for RV or boat parking. The rear yard is low maintenance with a large free-standing storage shed and has endless possibilities. Decorative entry door leads to a spacious living room with an adjacent dining area. Modern chef's kitchen with ample storage wood cabinetry accented with granite counter tops and stainless steel appliances. Individual laundry room is a plus. Step-down into a family room with custom built-in cabinets perfect for a hobby work station and glass sliding doors overlooking a concrete slab open air patio area. Light & bright bedrooms offer ceiling fans, mirrored closet doors, wall to wall carpeting and raised panel doors. The hallway large walk-in closet and updated bathrooms is an added bonus to this HOMEPATH gem!

Last Agent to Sell the Property

Raquel Magro

Pinnacle Estate Properties, Inc. License #00920540 Listed on: 02/08/2018

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

Audrey Kave

Beverly and Company, Inc. License #01009670

Beverly and Company, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 6,181 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Private Yard
  • Lawn
  • Front Yard
  • Property is zoned LAR1

Parking

  • 1 Car Direct Access Garage
  • Parking Available
  • Single Garage Door
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Modern Architecture
  • Combination Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,477 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Family Room
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Eat-In Galley Kitchen
  • Updated Kitchen
  • Breakfast Area or Nook
  • Gas Oven
  • Free-Standing Range
  • Range Hood
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Exhaust Fan In Bathroom

Outdoor Features

  • Slab Porch or Patio
  • Exterior Lighting
  • Shed

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 14659
  • Assessor Parcel Number 2226025018

Home Details

Home Type

Single Family

Year Built

Built in 1948 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • View: No
  • Zoning: LAR1
  • Architectural Style: Contemporary, Modern, Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2226025018
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1477.00 Square Feet
  • Interior Amenities: Granite Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Nook, In Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 397.43
  • Room Type: Family Room, Galley Kitchen, Living Room
  • Window Features: Double Pane Windows
  • Bathroom Features: Exhaust Fan(s)
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Combination
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Patio And Porch Features: Concrete, Slab
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Concrete, Garage - Single Door, RV Access/Parking, RV Potential
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Disposal, Gas Oven, Gas Water Heater, Range Hood
  • Heating Type: Central
  • Laundry Features: Common Area, Individual Room, Inside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Yard
  • Lot Size Sq Ft: 6181.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1321.02
  • Tax Lot: 27
  • Tax Tract Number: 14659

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2018
Closed on
Aug 24, 2018
Sold by
Federal National Mortgage Association
Bought by
Biglari Beheshti Ataollah and Biglari Wansofla Niloufar
Seller's Agent
Raquel Magro
Pinnacle Estate Properties, Inc.
Buyer's Agent
Audrey Kave
Beverly and Company, Inc.
List Price
$629,900
Sold Price
$587,000
Premium/Discount to List
-$42,900
-6.81%
Current Estimated Value
$919,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,550
Avg. Annual Appreciation
6.15%
Original Mortgage
$440,250
Outstanding Balance
$382,339
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$524,981

Purchase Details

Closed on
May 14, 2015
Sold by
Saucedo Rosa
Bought by
Federal National Mortgage Assoctation

Purchase Details

Closed on
Jan 26, 2015
Sold by
Saucedo Rosa
Bought by
Talamantes Araceli and Bermudez Sergio

Purchase Details

Closed on
Apr 12, 2014
Sold by
R S Inter Vivos Trust
Bought by
R S Inter Vivos Trust

Purchase Details

Closed on
Apr 1, 2014
Sold by
Saucedo Rosa
Bought by
R S Inter Vivos Trust

Purchase Details

Closed on
Mar 29, 2012
Sold by
Saucedo Rosa
Bought by
Saucedo Rosa and Aguayo Juana

Purchase Details

Closed on
Jul 19, 2011
Sold by
Saucedo Rosa
Bought by
Saucedo Rosa and San Vicente Maria Estela

Purchase Details

Closed on
Oct 4, 2005
Sold by
Saucedo Abelardo
Bought by
Saucedo Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2002
Sold by
Menjivar Mirian
Bought by
Saucedo Abelardo and Saucedo Rosa

Purchase Details

Closed on
May 11, 1999
Sold by
Tran Lalune N
Bought by
Saucedo Abelardo and Saucedo Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,996
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 1997
Sold by
Tran Lalune N
Bought by
Tran Hien Xuan and Tran Lalune N

Purchase Details

Closed on
Apr 1, 1996
Sold by
Tran Lalun Nguy
Bought by
Tran Lalune Nguy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.97%

Purchase Details

Closed on
Jan 5, 1995
Sold by
Tran Hien Xuan
Bought by
Tran Lalune Nguy
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
Biglari Beheshti Ataollah $587,000 Service Link Title Company
Federal National Mortgage Assoctation $450,000 Stewart Title
Talamantes Araceli -- None Available
R S Inter Vivos Trust -- None Available
R S Inter Vivos Trust -- None Available
Saucedo Rosa -- None Available
Saucedo Rosa -- None Available
Saucedo Rosa -- --
Saucedo Abelardo -- First American
Saucedo Abelardo $151,000 First American Title
Tran Hien Xuan -- --
Tran Lalune Nguy -- Chicago Title Co
Tran Lalune Nguy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biglari Beheshti Ataollah $440,250
Previous Owner Saucedo Rosa $342,000
Previous Owner Saucedo Abelardo $149,996
Previous Owner Tran Lalune Nguy $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $587,000 -6.8% $397 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $629,900 -- $426 / 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 $16,654 $654,805 $523,846 $130,959
2024 $16,654 $641,967 $513,575 $128,392
2023 $16,501 $629,380 $503,505 $125,875
2022 $16,138 $617,040 $493,633 $123,407
2021 $16,044 $604,942 $483,954 $120,988
2020 $16,118 $598,740 $478,992 $119,748
2019 $15,825 $587,000 $469,600 $117,400
2018 $5,919 $480,599 $316,879 $163,720
2017 $5,788 $471,176 $310,666 $160,510
2016 $5,650 $461,938 $304,575 $157,363
2015 $3,730 $300,764 $174,621 $126,143
2014 $3,508 $275,073 $155,006 $120,067
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18030932

California Regional Multiple Listing Service (CRMLS)

APN: 2226-025-018