NOT LISTED FOR SALE

17217 Lorne St van Nuys, CA 91406

Estimated Value: $819,537 - $1,019,000

3 Beds
2 Baths
1,184 Sq Ft
$757/Sq Ft Est. Value

Last Sold June 08, 2016

Last sale price $535,000 $452 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,323/month

7 Days on Market

Highlights

  • Wood Flooring
  • Converted Garage
  • Laundry Room
  • Attic
  • Open Patio
  • Bungalow

About This Home

As of June 2016

Charming home on quiet, tree-lined street in highly desirable Lake Balboa. 3 bed 2 bath 1,184 sq.ft. Tons of curb appeal with white picket fencing, blooming Bougainvillea and fruit-bearing orange and lemon trees to welcome you home. Interior features include hardwood floors, crown molding, laundry room, central heat and air, and sliding glass doors which lead you to a whimsical back yard featuring an oversized deck, hammock, and avocado tree - a perfect setting for family and entertaining. As an added bonus, this home also features a converted garage which can be utilized as a music studio, office retreat, or guest room. DON'T MISS THIS OPPORTUNITY!

Last Agent to Sell the Property

MICHAEL RODGERS

Nest Seekers License #01271388 Listed on: 03/31/2016

Nest Seekers

Co-Listed By

Christopher Grillo

Compass License #01985360

Last Buyer's Agent

Craig Strong

Compass License #01450987

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 6,001 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Property is zoned LAR1

Home Design

  • Bungalow

Interior Spaces

  • 1,184 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Dining Area
  • Alarm System
  • Attic

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • Converted Garage
  • Driveway
  • On-Street Parking

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2204-006-021

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Advertising Remarks: Charming home on quiet, tree-lined street in highly desirable Lake Balboa. 3 bed 2 bath 1,184 sq.ft. Tons of curb appeal with white picket fencing, blooming Bougainvillea and fruit-bearing orange and lemon trees to welcome you home. Interior features include hardwood floors, crown molding, laundry room, central heat and air, and sliding glass doors which lead you to a whimsical back yard featuring an oversized deck, hammock, and avocado tree - a perfect setting for family and entertaining. As an added bonus, this home also features a converted garage which can be utilized as a music studio, office retreat, or guest room. DON'T MISS THIS OPPORTUNITY!
  • Living Area: 1184
  • Probate: No
  • Stories: 1
  • Year Built: 1952
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Appliances: Built-In And Free Standing
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Alarm System, Ceiling Fan, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Range/Oven, Refrigerator, Stackable W/D Hookup
  • Price Per S Q F T: 413.43

Exterior Features

  • Direction Faces: South
  • Tennis Court Y/N: No
  • Fence: Cedar Fence
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway - Combination, On street

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 2204-006-021
  • Geocode Override: No
  • Lot Size Area: 6001

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2016
Closed on
Apr 12, 2016
Sold by
Lutz Daniel A
Bought by
Rose Natanya and Pimentel Anthony
Seller's Agent
MICHAEL RODGERS
Nest Seekers
Buyer's Agent
Craig Strong
Compass
List Price
$489,500
Sold Price
$535,000
Premium/Discount to List
$45,500
9.3%
Current Estimated Value
$896,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,384
Avg. Annual Appreciation
5.54%
Original Mortgage
$412,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2014
Sold by
Mehterian Glenn A
Bought by
Lutz Daniel A and Lutz Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,026
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 2004
Sold by
Mehterian Glenn A
Bought by
Mehterian Glenn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 11, 2002
Sold by
Mehterian Glenn A and Mehterian Gul Sinem
Bought by
Mehterian Glenn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5%

Purchase Details

Closed on
May 21, 1996
Sold by
Vranice Edna B F
Bought by
Mehterian Glenn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,211
Interest Rate
7.96%
Mortgage Type
FHA
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
Rose Natanya $535,000 California Title
Lutz Daniel A $385,000 Consumers Title Company
Mehterian Glenn A -- --
Mehterian Glenn A -- Lawyers Title Company
Mehterian Glenn A $124,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rose Natanya $412,000
Previous Owner Lutz Daniel A $378,026
Previous Owner Mehterian Glenn A $150,000
Previous Owner Mehterian Glenn A $180,000
Previous Owner Mehterian Glenn A $123,211
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2016 06/08/16 Sold $535,000 +9.3% $452 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $489,500 -- $413 / Sq Ft
Source: The MLS

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 $7,675 $633,321 $452,560 $180,761
2024 $7,675 $620,904 $443,687 $177,217
2023 $7,527 $608,731 $434,988 $173,743
2022 $7,176 $596,796 $426,459 $170,337
2021 $7,087 $585,096 $418,098 $166,998
2019 $6,875 $567,744 $405,698 $162,046
2018 $6,809 $556,613 $397,744 $158,869
2016 $4,882 $398,679 $308,899 $89,780
2015 $4,812 $392,692 $304,260 $88,432
2014 $2,104 $168,029 $102,581 $65,448
Source: Public Records

Agents Affiliated with this Home

  • Christopher Grillo

    Seller Co-Listing Agent in 2016

    Christopher Grillo

    Compass

    (323) 547-4401

    32 Total Sales

    Christopher Grillo
    Section Image
  • Craig Strong

    Buyer's Agent in 2016

    Craig Strong

    Compass

    (818) 987-9700

    2 in this area

    304 Total Sales

    Craig Strong
    Section Image
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Map

Source: The MLS

MLS Number: 16-109384

The MLS

APN: 2204-006-021

California Los Angeles County Van Nuys 91406

17217 Lorne St, Van Nuys, CA

Not Listed for Sale

Detached

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