NOT LISTED FOR SALE

6640 Gerald Ave van Nuys, CA 91406

Estimated Value: $801,000 - $888,000

3 Beds
1 Bath
1,107 Sq Ft
$756/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $840,000 $759 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,020/month

25 Days on Market

Highlights

  • No HOA
  • Living Room
  • Landscaped
  • Neighborhood Views
  • Laundry Room
  • Central Air

About This Home

As of July 2024

Welcome to 6640 Gerald Ave, a charming residence nestled on a tree-lined street in the desirable neighborhood of Lake Balboa. This delightful home features 3 bedrooms, 1 bathroom, and 1,107 square feet of comfortable living space.

As you step inside, you'll be greeted by an inviting atmosphere and abundant natural light that fills the interior. The spacious living area offers plenty of room for relaxation and entertainment, making it the perfect place to unwind after a long day.

The kitchen boasts ample counter space and storage, providing a functional space for preparing meals and gatherings with loved ones. Each of the three bedrooms offers cozy retreats, ideal for restful nights and peaceful mornings.

Outside, you'll find a generously sized backyard, offering endless possibilities for outdoor enjoyment and recreation. Whether you're hosting barbecues, gardening, or simply enjoying the fresh air, the backyard is sure to become a favorite spot to spend time.

Additionally, this property features a detached garage that can easily be transformed into an Accessory Dwelling Unit, providing potential for additional living space or rental income.

This home offers convenient access to nearby parks, shopping centers, restaurants, and transportation options. With its desirable location, comfortable living space, and charming surroundings, 6640 Gerald Ave presents a wonderful opportunity to call Lake Balboa home. Don't miss out on making this property yours!

Last Agent to Sell the Property

Sunny Narang

Real Brokerage Technologies Inc License #01966332 Listed on: 05/29/2024

Last Buyer's Agent

Jose Gomez

ReMax Sky License #01737192

ReMax Sky

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6,024 Sq Ft Lot
  • Landscaped
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,107 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 14363
  • Assessor Parcel Number 2231008017

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2231008017
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1107.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 758.81
  • Room Type: Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped
  • Lot Size Sq Ft: 6024.00
  • Lot Size Acres: 0.1383
  • Latitude Manual: 34.19160100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6024.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1321.01
  • Tax Lot: 39
  • Tax Tract Number: 14363

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jul 19, 2024
Sold by
Robinson-Downes Azeem and Etienne-Downes Tara
Bought by
Roy Dhruba Jyoti Basu and Roy Ankita Basu
Seller's Agent
Sunny Narang
Real Brokerage Technologies Inc
Buyer's Agent
Jose Gomez
ReMax Sky
List Price
$849,000
Sold Price
$840,000
Premium/Discount to List
-$9,000
-1.06%
Views
9
Current Estimated Value
$860,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,392
Avg. Annual Appreciation
-0.23%
Original Mortgage
$798,000
Outstanding Balance
$787,679
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$49,582

Purchase Details

Listed on
Jun 2, 2015
Closed on
Aug 18, 2015
Sold by
Menendez Monica
Bought by
Robinson Downes Azeem and Etienne Downes Tara
Seller's Agent
Mike Vilella
Coldwell Banker Hallmark Realty
Buyer's Agent
Sunny Narang
Equity Union
List Price
$399,900
Sold Price
$420,000
Premium/Discount to List
$20,100
5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
Original Mortgage
$412,392
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2006
Sold by
Chung Sun M
Bought by
Menendez Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2002
Sold by
Sawyer Edward Franklin and Sawyer Michele Marie
Bought by
Sawyer Edward F
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
Roy Dhruba Jyoti Basu $840,000 Fidelity National Title
Robinson-Downes Azeem -- Fidelity National Title
Robinson Downes Azeem $420,000 Chicago Title Company
Menendez Monica $505,000 Fidelity National Title Co
Sawyer Edward F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roy Dhruba Jyoti Basu $798,000
Previous Owner Robinson Downes Azeem $412,392
Previous Owner Menendez Monica $404,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2024 07/26/24 Sold $840,000 -1.1% $759 / Sq Ft
06/05/2024 06/05/24 For Sale $849,000 +1.1% $767 / Sq Ft
05/29/2024 05/29/24 Off Market $840,000 -- --
05/29/2024 05/29/24 For Sale $849,000 +102.1% $767 / Sq Ft
09/30/2015 09/30/15 Sold $420,000 +5.0% $379 / Sq Ft View Prior Sale
06/17/2015 06/17/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $399,900 -- $361 / 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 $5,982 $840,000 $704,500 $135,500
2024 $5,982 $487,438 $376,141 $111,297
2023 $5,866 $477,881 $368,766 $109,115
2022 $5,591 $468,512 $361,536 $106,976
2021 $5,520 $459,327 $354,448 $104,879
2019 $5,353 $445,705 $343,936 $101,769
2018 $5,290 $436,967 $337,193 $99,774
2016 $5,050 $420,000 $324,100 $95,900
2015 $5,515 $452,000 $362,000 $90,000
2014 $5,013 $400,000 $320,300 $79,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24096678

California Regional Multiple Listing Service (CRMLS)

APN: 2231-008-017