NOT LISTED FOR SALE

7031 Aldea Ave van Nuys, CA 91406

Estimated Value: $993,278 - $1,187,000

4 Beds
2.5 Baths
1,988 Sq Ft
$544/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2018

Last sale price $690,000 $347 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,522 / mo

4 Days on Market

Highlights

  • Detached Guest House
  • Living Room with Fireplace
  • No HOA
  • Room in yard for a pool
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of August 2018

Located on a tree-lined street in prime Lake Balboa sits this gorgeous Traditional Ranch home that has been ushered into the modern era with updates throughout. Once past a symphony of color provided by an eco-friendly landscape, parquet floors open to a living room + fireplace and sliding doors, leading to a vine-covered trellis & patio beyond - perfect for entertaining or just soaking in the breeze! A bright & open chef's kitchen with gleaming white cabinets + tons of counter space blends with a dining room w/floor-to-ceiling windows, wainscoting & a built-in china cabinet. Three bedrooms + 2 baths, including a master, are neatly tucked away for privacy, whilst a detached guest suite w/fireplace & powder room is perfect for extended family, or use as an office/gym. Two-car garage, central HVAC & close proximity to schools, shopping and recreational facilities make this charmer a must see! Buyer to do their own verification and due diligence on square footage, permits, et al.

Last Agent to Sell the Property

Peter Lorimer

PLG Estates License #01479846 Listed on: 07/14/2018

Last Buyer's Agent

Justin Bonney

License #01338897

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 6,839 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Interior Spaces

  • 1,988 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Covered Patio or Porch

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2227-033-019

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

6,839 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1988
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Stone, Tile
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 0
  • Laundry: In Kitchen
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 326.96

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 2227-033-019
  • Geocode Override: No
  • Lot Size Area: 6839

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2025
Sold by
Bought by
Current Estimated Value
$1,081,820

Purchase Details

Closed on
Aug 18, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2018
Closed on
Aug 5, 2018
Sold by
Bought by
Seller's Agent
Peter Lorimer
PLG Estates
Buyer's Agent
Justin Bonney
List Price
$650,000
Sold Price
$690,000
Premium/Discount to List
$40,000
6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$600,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2016
Closed on
Mar 22, 2016
Sold by
Bought by
Seller's Agent
Melody Cutler
Park Regency Realty
Buyer's Agent
Out Of Area Southland
SOUTHLAND
List Price
$625,000
Sold Price
$575,000
Premium/Discount to List
-$50,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$517,500
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Available
-- Progressive Title
$690,000 First American Title Company
$575,000 Lawyers Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $605,000
Previous Owner $600,000
Previous Owner $517,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2018 08/17/18 Sold $690,000 +6.2% $347 / Sq Ft
07/14/2018 07/14/18 For Sale $650,000 +13.0% $327 / Sq Ft
04/15/2016 04/15/16 Sold $575,000 -8.0% $349 / Sq Ft View Prior Sale
03/17/2016 03/17/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $625,000 -- $379 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,365 $769,703 $615,652 $154,051
2024 $9,340 $754,612 $603,581 $151,031
2023 $9,160 $739,817 $591,747 $148,070
2022 $8,734 $725,312 $580,145 $145,167
2021 $8,625 $711,091 $568,770 $142,321
2019 $8,367 $690,000 $551,900 $138,100
2018 $7,341 $598,229 $458,504 $139,725
2016 $1,338 $105,990 $46,573 $59,417
2015 $1,319 $104,399 $45,874 $58,525
2014 $1,331 $102,355 $44,976 $57,379
Source: Public Records

Agents Affiliated with this Home

  • Peter Lorimer

    Seller's Agent in 2018

    Peter Lorimer

    PLG Estates

    (310) 666-7386

    1 in this area

    153 Total Sales

    Peter Lorimer
    Section Image
  • Justin Bonney

    Buyer's Agent in 2018

    Justin Bonney

    (818) 697-4884

    27 in this area

    90 Total Sales

    Justin Bonney
    Section Image
  • Melody Cutler

    Seller's Agent in 2016

    Melody Cutler

    Park Regency Realty

    (818) 831-2206

    11 in this area

    19 Total Sales

    Melody Cutler
    Section Image

  • O

    Buyer's Agent in 2016

    Out Of Area Southland

    SOUTHLAND

See All Agents

Map

Source: The MLS

MLS Number: 18-365008

The MLS

APN: 2227-033-019

California Los Angeles County Van Nuys 91406

7031 Aldea Ave, Van Nuys, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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