NOT LISTED FOR SALE

7029 Louise Ave van Nuys, CA 91406

Estimated Value: $876,000 - $903,015

3 Beds
1 Bath
1,124 Sq Ft
$792/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $760,000 $676 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,447/month

8 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Combination Dining and Living Room
  • Private Yard
  • Laundry Room
  • 2 Car Garage

About This Home

As of April 2022

PROBATE - OFFER ACCEPTED. SUBJECT TO COURT CONFIRMATION AND OVERBIDS. Great opportunity to renovate this 3 bedroom 1 bathroom Lake Balboa fixer on a large lot 9,700 square foot lot! Office/Bonus room on the side of the home. Possible double ADU potential with the detached garage and office, buyer to make their own investigation. Separate laundry room. Centrally located near Balboa Park, the 405 and 101 freeway and all that LA has to offer.

Last Agent to Sell the Property

Larry Bovshow

Trust Properties USA,Inc License #00768672 Listed on: 01/04/2022

Co-Listed By

Paul Hargraves

Trust Properties USA,Inc License #01122415

Last Buyer's Agent

Maya Bovshow

Trust Properties USA,Inc License #01949617

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 9,751 Sq Ft Lot
  • Private Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Major Repairs Completed
  • Fixer Upper

Interior Spaces

  • 1,124 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 14934
  • Assessor Parcel Number 2228030009
  • $331 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Condition: Fixer, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2228030009
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1124.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Living Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 676.16
  • Room Type: Kitchen, Laundry, Living Room
  • Window Features: Screens

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 9751.00
  • Lot Size Acres: 0.2239

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9751.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1320.02
  • Tax Lot: 9
  • Tax Tract Number: 14934
  • TaxOtherAnnualAssessmentAmount: 331.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2022
Sold by
Taylor Tina M and Wegner Kurt Edward
Bought by
Ordea Trust and Yehuda
Current Estimated Value
$890,004

Purchase Details

Closed on
Apr 15, 2009
Sold by
Wegner Kurt E
Bought by
Wegner Kurt E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.35%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 6, 2009
Sold by
Taylor Tina M and Estate Of Eveline Ann Wegner
Bought by
Wegner Kurt E
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
Ordea Trust $760,000 Usa National Title
Wegner Kurt E -- Placer Title Company
Wegner Kurt E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wegner Kurt E $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Sold $760,000 +16.9% $676 / Sq Ft
01/07/2022 01/07/22 Price Changed $650,000 +23.8% $578 / Sq Ft
01/04/2022 01/04/22 For Sale $525,000 -- $467 / Sq Ft
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 $9,834 $806,516 $645,214 $161,302
2024 $9,834 $790,703 $632,563 $158,140
2023 $9,646 $775,200 $620,160 $155,040
2022 $1,235 $83,567 $51,951 $31,616
2021 $1,215 $81,930 $50,933 $30,997
2019 $1,183 $79,502 $49,423 $30,079
2018 $1,110 $77,944 $48,454 $29,490
2016 $1,050 $74,919 $46,573 $28,346
2015 $1,037 $73,795 $45,874 $27,921
2014 $1,050 $72,351 $44,976 $27,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22000859

California Regional Multiple Listing Service (CRMLS)

APN: 2228-030-009