NOT LISTED FOR SALE

6505 Forbes Ave van Nuys, CA 91406

Estimated Value: $881,000 - $1,014,000

3 Beds
1.5 Baths
1,206 Sq Ft
$760/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $640,000 $531 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,507/month

147 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2020

Desirable, quiet & tree-lined Lake Balboa neighborhood. Cozy home, clean, light & bright, suitable as a private retreat, or for entertaining with an inviting patio & nicely landscaped back yard. There is an attached 2 car garage, newer plumbing and upgraded electrical panel. All appliances stay in this well priced opportunity. Easy access to transport, minutes away from shopping & restaurants.

Last Agent to Sell the Property

Allen Kodzhavakyan

Coldwell Banker Hallmark License #02040008 Listed on: 02/12/2020

Coldwell Banker Hallmark

Co-Listed By

Miriam Rocha

Coldwell Banker Hallmark License #01783199

Last Buyer's Agent

Alexander Gingrich

Dilbeck Real Estate License #01797428

Dilbeck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,480

Year Built

  • Built in 1952

Lot Details

  • 6,100 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Home Design

  • 1,206 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2231023036

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,480

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: All existing appliances.
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2231023036
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1206.00
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 530.68

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Forced Air
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 6100.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6100.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Jun 22, 2020
Sold by
Arrellin Cecilio
Bought by
Cho Kristine Kim
Seller's Agent
Allen Kodzhavakyan
Coldwell Banker Hallmark
Buyer's Agent
Alexander Gingrich
Dilbeck Real Estate
List Price
$679,000
Sold Price
$640,000
Premium/Discount to List
-$39,000
-5.74%
Current Estimated Value
$916,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,998
Avg. Annual Appreciation
7.09%
Original Mortgage
$510,400
Outstanding Balance
$452,431
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$464,567

Purchase Details

Closed on
May 7, 2007
Sold by
Arndt Thelma M and Arrellin Cecilio
Bought by
Arrellin Cecilio

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
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 1996
Sold by
Vandenhurk Monica Reynders
Bought by
Arndt Woodrow G and Arndt Thelma M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
7.05%

Purchase Details

Closed on
Sep 28, 1995
Sold by
Reynders Hendrikus
Bought by
Reynders Hendrikus
Source: Public Records

Range of Values:

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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
Cho Kristine Kim $640,000 Lawyers Title Company
Arrellin Cecilio -- Lsi
Arndt Woodrow G $135,000 First American Title Co
Reynders Hendrikus -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cho Kristine Kim $510,400
Previous Owner Arrellin Cecilio $115,000
Previous Owner Arndt Woodrow G $128,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2020 07/24/20 Sold $640,000 -4.3% $531 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
05/05/2020 05/05/20 Price Changed $669,000 -1.5% $555 / Sq Ft
02/12/2020 02/12/20 For Sale $679,000 -- $563 / 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 $8,480 $692,753 $554,203 $138,550
2024 $8,480 $679,171 $543,337 $135,834
2023 $8,318 $665,855 $532,684 $133,171
2022 $7,935 $652,800 $522,240 $130,560
2021 $7,839 $640,000 $512,000 $128,000
2020 $2,691 $205,043 $90,822 $114,221
2019 $2,593 $201,024 $89,042 $111,982
2018 $2,492 $197,084 $87,297 $109,787
2016 $2,372 $189,433 $83,908 $105,525
2015 $2,338 $186,588 $82,648 $103,940
2014 $2,353 $182,934 $81,030 $101,904
Source: Public Records

Agents Affiliated with this Home

  • Allen Kodzhavakyan

    Seller's Agent in 2020

    Allen Kodzhavakyan

    Coldwell Banker Hallmark

    (310) 431-9694

    11 Total Sales

    Allen Kodzhavakyan
    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Miriam Rocha

    Coldwell Banker Hallmark

    (818) 476-3000

    9 Total Sales

    Miriam Rocha
    Section Image
  • Alexander Gingrich

    Buyer's Agent in 2020

    Alexander Gingrich

    Dilbeck Real Estate

    (818) 790-6774

    52 Total Sales

    Alexander Gingrich
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320000564

California Regional Multiple Listing Service (CRMLS)

APN: 2231-023-036

California Los Angeles County Van Nuys 91406

6505 Forbes Ave, Van Nuys, CA

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