NOT LISTED FOR SALE

17406 Valerio St van Nuys, CA 91406

Estimated Value: $794,522 - $1,406,000

2 Beds
1 Bath
773 Sq Ft
$1,366/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $690,000 $893 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,151/month

Highlights

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

About This Home

As of August 2022

Welcome to beautiful Lake Balboa! This is your chance to get into an immaculate property with all the right upgrades, a property you'll be proud to own! Be the first one to live in this great house with over 1600 sqft newly built addition, it's practically NEW CONSTRUCTION. Welcome to 17406 Valerio St - on a beautiful & walkable street in ultra-hot Lake Balboa, just north of Encino. The original 773 sqft house was stripped to the studs and completely redone, the seller has gone above and beyond to make this five bedroom and three full bathroom property your dream home. You will be awe the moment you step in as you will be overtaken by the gorgeous interior, details, expensive oversize tile in the living room/kitchen, engineered wood floor in all bedrooms, and captivated by the oversized kitchen island. There are TWO NEWLY BUILT MASTER EN-SUITES - one downstairs and one upstairs, both en-suites have walk in closet, standing shower, freestanding tub, and upstairs has a huge 400 sqft balcony overlooking the backyard. Upgrades include NEW electrical & plumbing, NEW fire sprinkler system, NEW kitchen, NEW bathrooms, two NEW tankless water heater, NEW tile flooring in the living room, NEW engineered wood flooring in the bedrooms, NEW roof, NEW insulation, NEW drywall, NEW double pane windows, NEW landscaping, EVERYTHING IS NEW!!! This unique property is located in a prime location steps away from local businesses such as Saticoy Plaza (Starbucks, Ralph's supermarket, and others), local favorite Humble Bee Cafe, plus a short drive to Lake Balboa Park, Japanese Garden, Encino Farmers Market, golf courses, Metro, and Ventura Blvd entertainment. This is your opportunity to own your dream home!

Last Agent to Sell the Property

Angel Nova

LPT Realty, Inc License #02004647 Listed on: 05/30/2022

LPT Realty, Inc

Last Buyer's Agent

Angel Nova

LPT Realty, Inc License #02004647 Listed on: 05/30/2022

LPT Realty, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 5,999 Sq Ft Lot
  • Front Yard
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 773 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 103
  • Tax Tract Number 15634
  • Assessor Parcel Number 2228009009
  • $260 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

5,999 Sq Ft Lot

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: 2228009009
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 773.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 892.63
  • 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: In Garage
  • 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: 5999.00
  • Lot Size Acres: 0.1377

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5999.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1319.00
  • Tax Lot: 103
  • Tax Tract Number: 15634
  • TaxOtherAnnualAssessmentAmount: 260.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2022
Closed on
Jun 24, 2022
Sold by
Steve Erickson
Bought by
Mayan Investments Inc
Seller's Agent
Angel Nova
LPT Realty, Inc
Buyer's Agent
Angel Nova
LPT Realty, Inc
List Price
$700,000
Sold Price
$690,000
Premium/Discount to List
-$10,000
-1.43%
Current Estimated Value
$1,056,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,131
Avg. Annual Appreciation
12.70%
Original Mortgage
$796,050
Outstanding Balance
$760,871
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$295,260

Purchase Details

Closed on
Sep 2, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Erickson Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,250
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2008
Sold by
Martell Ana
Bought by
Deutsche Bank National Trust Co and Asset Backed Certificates Series 2006-3

Purchase Details

Closed on
Jun 7, 2006
Sold by
Barra Roberto A
Bought by
Martell Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
7.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 4, 2003
Sold by
Barra Joanna Myrella
Bought by
Barra Roberto A and Barra Milta Edis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.79%

Purchase Details

Closed on
Jun 29, 1998
Sold by
Lau Eleanor Co Tr Lau Family Trust
Bought by
Barra Roberto A and Barra Milta Edis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,076
Interest Rate
7.06%
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
Mayan Investments Inc $690,000 Simplifile
Erickson Steve $282,500 Stewart Title
Deutsche Bank National Trust Co -- None Available
Deutsche Bank National Trust Co $318,750 None Available
Martell Ana $515,000 Gateway Title Company
Barra Roberto A -- First Southwestern Title Co
Barra Roberto A $118,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayan Investments Inc $796,050
Previous Owner Erickson Steve $254,250
Previous Owner Martell Ana $412,000
Previous Owner Barra Roberto A $115,000
Previous Owner Barra Roberto A $117,076
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2024 12/16/24 Off Market $1,399,999 -- --
12/12/2024 12/12/24 For Sale $1,399,999 0.0% $587 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $1,399,999 +102.9% $587 / Sq Ft
08/08/2022 08/08/22 Sold $690,000 -1.4% $893 / Sq Ft
05/30/2022 05/30/22 For Sale $700,000 -- $906 / Sq Ft
05/28/2022 05/28/22 Pending -- -- --
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 $8,714 $717,875 $574,300 $143,575
2024 $8,714 $703,800 $563,040 $140,760
2023 $8,547 $690,000 $552,000 $138,000
2022 $4,179 $342,796 $246,573 $96,223
2021 $4,127 $336,076 $241,739 $94,337
2019 $4,005 $326,110 $234,570 $91,540
2018 $3,932 $319,717 $229,971 $89,746
2016 $3,756 $307,304 $221,042 $86,262
2015 $3,702 $302,689 $217,722 $84,967
2014 $3,719 $296,761 $213,458 $83,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22114954

California Regional Multiple Listing Service (CRMLS)

APN: 2228-009-009

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