NOT LISTED FOR SALE

16901 Covello St van Nuys, CA 91406

Estimated Value: $724,200 - $1,509,000

3 Beds
1 Bath
1,093 Sq Ft
$1,014/Sq Ft Est. Value

Last Sold June 18, 2018

Last sale price $505,000 $462 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $6,683/month

11 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • Laundry Room

About This Home

As of June 2018

Light fixer located in the city of Lake Balboa with lots of potential. It offers 3 bedrooms, 1 bathroom, 1,093 sqft of living space and a 6,026 sqft lot with a detached 2 car garage and alley entry. Come make this home yours and add your own touches.

Last Agent to Sell the Property

Richie Herrera

JohnHart Real Estate License #01974804 Listed on: 05/19/2018

JohnHart Real Estate

Co-Listed By

Marisol Benavides-Restrepo

Park Regency Realty License #01913234

Last Buyer's Agent

Richie Herrera

JohnHart Real Estate License #01974804 Listed on: 05/19/2018

JohnHart Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6,025 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Interior Spaces

  • 1,093 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Exterior Lighting
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 140
  • Tax Tract Number 14349
  • Assessor Parcel Number 2203014004

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2203014004
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1093.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 462.03
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 6025.00

Multi Family

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

Tax Info

  • Tax Census Tract: 1319.00
  • Tax Lot: 140
  • Tax Tract Number: 14349

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2020
Sold by
Kesablyan Akop and The Chalk Trust
Bought by
Musaler Llc
Current Estimated Value
$1,108,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,322,500
Outstanding Balance
$3,855,176
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$2,747,126

Purchase Details

Listed on
May 19, 2018
Closed on
Jun 5, 2018
Sold by
Yandell Jerry E and Yandell Jean
Bought by
Kesablyan Akop and Chalk Trust
Seller's Agent
Richie Herrera
JohnHart Real Estate
Buyer's Agent
Richie Herrera
Park Regency Realty
List Price
$499,950
Sold Price
$505,000
Premium/Discount to List
$5,050
1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
Original Mortgage
$404,000
Interest Rate
4.6%
Mortgage Type
Commercial
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

Date Buyer Sale Price Title Company
Musaler Llc -- Pacific Coast Title Company
Kesablyan Akop -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musaler Llc $4,322,500
Previous Owner Kesablyan Akop $404,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2018 06/18/18 Sold $505,000 +1.0% $462 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/19/2018 05/19/18 For Sale $499,950 -- $457 / 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 $10,673 $873,793 $459,680 $414,113
2024 $10,673 $856,661 $450,667 $405,994
2023 $10,469 $839,865 $441,831 $398,034
2022 $9,985 $823,398 $433,168 $390,230
2021 $9,855 $807,254 $424,675 $382,579
2020 $9,174 $734,108 $420,321 $313,787
2019 $6,306 $515,100 $412,080 $103,020
2018 $1,100 $78,658 $29,180 $49,478
2016 $1,040 $75,605 $28,048 $47,557
2015 $1,027 $74,470 $27,627 $46,843
2014 $1,040 $73,012 $27,086 $45,926
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Richie Herrera

    JohnHart Real Estate

    (818) 606-9891

    2 in this area

    28 Total Sales

    Richie Herrera
    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Marisol Benavides-Restrepo

    Park Regency Realty

    (818) 667-1421

    1 in this area

    5 Total Sales

    Marisol Benavides-Restrepo
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18118801

California Regional Multiple Listing Service (CRMLS)

APN: 2203-014-004

California Los Angeles County Van Nuys 91406

16901 Covello St, Van Nuys, CA

Not Listed for Sale

Detached

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