NOT LISTED FOR SALE

17021 Covello St van Nuys, CA 91406

Estimated Value: $869,000 - $1,053,000

3 Beds
2 Baths
1,243 Sq Ft
$741/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $710,000 $571 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,676/month

Highlights

  • In Ground Pool
  • Wood Flooring
  • Living Room
  • Property is near a park
  • No HOA
  • Alarm System

About This Home

As of March 2021

IF YOU DON’T HAVE A SWIMMING POOL - can you even call your house a Valley house? Welcome to trendy Lake Balboa - the coveted district that was once meant to be SoCal’s Facebook headquarters. Join local artists & newly-minted celebrities in Lake Balboa. There is no zip code in the Valley whose prices are rising faster than the sacred 91406. You deserve to be sandwiched between old money Encino, historic Van Nuys, and breathtaking Lake Balboa Park
You deserve to be in walking distance of the Valley’s most-reviewed restaurant on Yelp - Salsa & Beer. This is the complete lifestyle package for young professionals, creatives, and cultural-minded visionaries.
As soon as you enter, wall-to-wall windows drench the open floor plan in marvelous sunlight. Beyond that, the glistening swimming pool awaits. Don’t deny it - the swimming pool reigns supreme as SoCal’s ultimate status symbol.
The price reflects plenty of room for you to create Lake Balboa’s next statement piece. Are you up to the task to join this community? When you come to Lake Balboa, you come for the lifestyle and the prestige of living in one of the Valley’s trendiest neighborhoods.
The seller is NOT looking for a bidding war. Offer on this home - there’s a good chance you will get it. Buyers and agents, we know you’re tired of bidding situations.

Last Agent to Sell the Property

Juan Oropeza

Citiwide Realty Group License #02034763 Listed on: 10/29/2020

Co-Listed By

Julian Park

Park Regency Realty License #02018567

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,308

Year Built

  • Built in 1950

Lot Details

  • 6,160 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 1,243 Sq Ft Home
  • 1-Story Property
  • French Doors
  • Living Room

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

  • Alarm System
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Location

  • Property is near a park

Utilities

  • Central Heating and Cooling System
  • Standard Electricity

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 157
  • Tax Tract Number 14349
  • Assessor Parcel Number 2203015006

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,308

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Refrigerator, Stove
  • Other Phone Description: Juan Oropeza
  • Property Attached: No
  • Security: Security System, Smoke Detector(s), Wired for Alarm System
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2203015006
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1243.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 571.20
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • 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: Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Park Nearby
  • Lot Size Sq Ft: 6160.00
  • Lot Size Acres: 0.1414

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6160.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1319.00
  • Tax Lot: 157
  • Tax Tract Number: 14349

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Feb 9, 2021
Sold by
Altamirano Jaime and Altamirano Reyna
Bought by
Mcneal Kenneth
Seller's Agent
Juan Oropeza
Citiwide Realty Group
List Price
$675,000
Sold Price
$710,000
Premium/Discount to List
$35,000
5.19%
Current Estimated Value
$920,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,706
Avg. Annual Appreciation
5.88%
Original Mortgage
$697,140
Outstanding Balance
$623,515
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$297,191

Purchase Details

Closed on
Dec 23, 2003
Sold by
Altamirano Jaime
Bought by
Altamirano Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2003
Sold by
Altamirano Reyna
Bought by
Altamirano Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2001
Sold by
Jenabian Ohanes and Jenabian Silva
Bought by
Bertlizyan Avetis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,350
Interest Rate
6.91%
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
Mcneal Kenneth $710,000 Stewart Title Of California In
Altamirano Jaime -- --
Altamirano Jaime -- American Coast Title
Altamirano Jaime $365,000 American Coast Title
Bertlizyan Avetis $253,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcneal Kenneth $697,140
Previous Owner Altamirano Jaime $346,750
Previous Owner Bertlizyan Avetis $240,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2021 03/19/21 Sold $710,000 +1.6% $571 / Sq Ft
01/26/2021 01/26/21 Price Changed $699,000 +3.6% $562 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
01/05/2021 01/05/21 Price Changed $675,000 0.0% $543 / Sq Ft
01/05/2021 01/05/21 For Sale $675,000 -4.9% $543 / Sq Ft
01/05/2021 01/05/21 Off Market $710,000 -- --
12/13/2020 12/13/20 Price Changed $690,000 0.0% $555 / Sq Ft
12/13/2020 12/13/20 For Sale $690,000 +1.6% $555 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/14/2020 11/14/20 Price Changed $679,000 0.0% $546 / Sq Ft
11/14/2020 11/14/20 For Sale $679,000 -4.4% $546 / Sq Ft
11/11/2020 11/11/20 Off Market $710,000 -- --
10/29/2020 10/29/20 For Sale $699,000 -- $562 / 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 $9,308 $768,523 $614,820 $153,703
2024 $9,308 $753,455 $602,765 $150,690
2023 $9,129 $738,683 $590,947 $147,736
2022 $8,704 $724,200 $579,360 $144,840
2021 $5,888 $479,417 $337,959 $141,458
2020 $5,945 $474,502 $334,494 $140,008
2019 $5,714 $465,199 $327,936 $137,263
2018 $5,612 $456,078 $321,506 $134,572
2016 $5,359 $438,370 $309,022 $129,348
2015 $5,282 $431,787 $304,381 $127,406
2014 $5,305 $423,330 $298,419 $124,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20227402

California Regional Multiple Listing Service (CRMLS)

APN: 2203-015-006