NOT LISTED FOR SALE

17544 Covello St van Nuys, CA 91406

Estimated Value: $1,024,000 - $1,077,063

4 Beds
3 Baths
2,130 Sq Ft
$496/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $960,000 $451 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,426/month

30 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Fireplace
  • Open Floorplan
  • No HOA
  • Eat-In Kitchen

About This Home

As of April 2023

This newly remodeled and expanded home is situated in the heart of Lake Balboa and is perfect for an active family. With four bedrooms and three bathrooms, including two master suites, it offers plenty of space for everyone. The house is the only one of its size in the area, making it a unique and desirable property.
The kitchen has been fully remodeled and features brand new appliances, while the main-line, electrical wiring, A/C, and Washer and Dryer are all newly installed. The upgrades and updates offer all the modern amenities you need while retaining the charm of a Mid-Century build.
Recessed lighting throughout the house creates a welcoming ambiance, and the gray-washed laminate flooring is both stylish and durable. The lush backyard features fruit-bearing citrus trees, perfect for enjoying fresh fruit in the summer.
Overall, this fabulous home is an excellent opportunity for anyone looking for a spacious, modern property in a desirable location. Don't hesitate to schedule a viewing as this gorgeous home will lease quickly.
Overall, this fabulous home is an excellent opportunity for anyone looking for a spacious, modern property in a desirable location. Don't hesitate to schedule a viewing as this gorgeous home will sell quickly.

Last Agent to Sell the Property

Donny Cohen

Equity Union License #01297608 Listed on: 03/03/2023

Equity Union

Co-Listed By

Abraham Cohen

Equity Union License #01019227

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6,016 Sq Ft Lot
  • Fenced
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 2,130 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Fireplace
  • Entryway
  • Living Room
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available
  • Driveway

Outdoor Features

  • Slab Porch or Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 88
  • Tax Tract Number 14425
  • Assessor Parcel Number 2202021001
  • $348 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

6,016 Sq Ft Lot

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained
  • View: No
  • Zoning: LAR1
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2202021001
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2130.00 Square Feet
  • Interior Amenities: Open Floorplan, Unfurnished, Wet Bar
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 450.70
  • Room Type: Entry, Laundry, Living Room, Master Bathroom, Master Suite

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Storage
  • Fence: Yes
  • Patio And Porch Features: Concrete, Patio Open, Slab
  • Pool Private: No
  • Roof: Other
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Closet, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size Sq Ft: 6016.00
  • Lot Size Acres: 0.1381

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6016.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1319.00
  • Tax Lot: 88
  • Tax Tract Number: 14425
  • TaxOtherAnnualAssessmentAmount: 348.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Mar 31, 2023
Sold by
Ezra Chai Investment Inc
Bought by
Li Phoebe and Li Jamie
Seller's Agent
Donny Cohen
Equity Union
List Price
$949,000
Sold Price
$960,000
Premium/Discount to List
$11,000
1.16%
Views
199
Current Estimated Value
$1,056,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,016
Avg. Annual Appreciation
3.45%
Original Mortgage
$610,000
Outstanding Balance
$593,047
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$462,969

Purchase Details

Closed on
Oct 27, 2017
Sold by
Masis Holdings Llc
Bought by
Ezra Chai Investment Inc

Purchase Details

Closed on
Jun 30, 2017
Sold by
Kudrie Leslie
Bought by
Masis Holdings Llc

Purchase Details

Closed on
May 22, 2003
Sold by
Lawyer Edwin P
Bought by
Lawyer Edwin P and Lawyer Joan M
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
Li Phoebe $960,000 Fidelity National Title
Ezra Chai Investment Inc $518,500 First American Title Co La
Masis Holdings Llc $470,000 First American Title Company
Lawyer Edwin P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Phoebe $610,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $960,000 +1.2% $451 / Sq Ft
04/02/2023 04/02/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $949,000 0.0% $446 / Sq Ft
01/22/2022 01/22/22 Rented $4,000 0.0% --
12/21/2021 12/21/21 Price Changed $4,000 -4.8% $2 / Sq Ft
11/24/2021 11/24/21 For Rent $4,200 +7.8% --
11/22/2020 11/22/20 Rented $3,895 0.0% --
09/15/2020 09/15/20 For Rent $3,895 +11.4% --
08/01/2018 08/01/18 Rented $3,495 0.0% --
08/01/2018 08/01/18 Under Contract -- -- --
08/01/2018 08/01/18 For Rent $3,495 -- --
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 $12,018 $998,783 $668,352 $330,431
2024 $12,018 $979,200 $655,248 $323,952
2023 $8,546 $682,998 $453,641 $229,357
2022 $8,152 $669,607 $444,747 $224,860
2021 $8,046 $656,478 $436,027 $220,451
2019 $6,502 $528,870 $423,096 $105,774
2018 $6,436 $518,500 $414,800 $103,700
2017 $872 $60,786 $25,113 $35,673
2016 $835 $59,595 $24,621 $34,974
2015 $824 $58,701 $24,252 $34,449
2014 $835 $57,552 $23,777 $33,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23033670

California Regional Multiple Listing Service (CRMLS)

APN: 2202-021-001

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