NOT LISTED FOR SALE

7038 Andasol Ave van Nuys, CA 91406

Estimated Value: $945,000 - $1,134,000

3 Beds
2 Baths
1,156 Sq Ft
$864/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $910,000 $787 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,218/month

53 Days on Market

Highlights

  • Updated Kitchen
  • No HOA
  • Patio
  • Quartz Countertops
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of August 2023

Stunning completely renovated 3 bedroom, 2 bathroom home in charming Lake Balboa! This was no simple cosmetic update, the house was taken down to the studs and all major systems have been replaced. In addition to all the new interior finishes, the list of new items includes copper plumbing, electrical panel and wiring, roof, insulation, drywall, energy efficient windows, tankless hot water heater, garage door, stucco and HVAC! House also features beautiful wood laminate flooring throughout the home, an open concept kitchen with shaker cabinets and quartz countertops, new stainless steel appliances, modern tile finishes in both bathrooms, and energy efficient LED lighting. The expansive back yard features lush mature palm trees and landscaping, and a large patio area perfect for entertaining. The large and open back yard could also be great for adding an ADU. Hurry this one won't last long!

Last Agent to Sell the Property

BRIAN READ

EXECUTIVE CAPITAL GROUP License #01959945 Listed on: 06/01/2023

Last Buyer's Agent

Alla Mariamdjanian

Pinnacle Estate Properties License #01261913

Pinnacle Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,273

Year Built

  • Built in 1951

Lot Details

  • 8,094 Sq Ft Lot
  • Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 1,156 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Range
  • Range Hood
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom

Additional Features

  • Patio
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 14935
  • Assessor Parcel Number 2228029009
  • $350 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,273

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: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2228029009
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1156.00 Square Feet
  • Stories: 1
  • Entry Location: ground level with steps
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room, Electric
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 787.20
  • Room Type: All Bedrooms Down
  • Bathroom Features: Remodeled
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Range Hood
  • Heating Type: Central
  • 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: Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 8094.00
  • Lot Size Acres: 0.1858

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8094.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1320.02
  • Tax Lot: 9
  • Tax Tract Number: 14935
  • TaxOtherAnnualAssessmentAmount: 350.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 26, 2023
Sold by
Bright Idea Investments Inc
Bought by
Serio Richard Joseph and Maleki Nazanin
Seller's Agent
BRIAN READ
EXECUTIVE CAPITAL GROUP
Buyer's Agent
Alla Mariamdjanian
Pinnacle Estate Properties
List Price
$899,000
Sold Price
$910,000
Premium/Discount to List
$11,000
1.22%
Views
41
Current Estimated Value
$998,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,623
Avg. Annual Appreciation
4.46%
Original Mortgage
$879,628
Outstanding Balance
$860,137
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$138,486

Purchase Details

Closed on
Aug 12, 2020
Sold by
Bellith Donna Mae and Bellith Family Trust
Bought by
Bright Idea Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2007
Sold by
Bellith Donna
Bought by
Bellith Donna Mae and Bellith Family Trust

Purchase Details

Closed on
Dec 10, 2001
Sold by
Maximiuk Pearl
Bought by
Maximiuk Pearl Mae and Pearl Mae Maximiuk 2001 Trust
Source: Public Records

Range of Values:

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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
Serio Richard Joseph $910,000 Orange Coast Title
Bright Idea Investments Inc $395,000 Orange Coast Ttl Co Of Socal
Bellith Donna Mae -- None Available
Bellith Donna -- None Available
Maximiuk Pearl Mae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serio Richard Joseph $879,628
Previous Owner Bright Idea Investments Inc $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold $910,000 +1.2% $787 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $899,000 -1.2% $778 / Sq Ft
06/15/2023 06/15/23 Off Market $910,000 -- --
06/01/2023 06/01/23 For Sale $899,000 -- $778 / 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 $11,273 $928,200 $742,560 $185,640
2024 $11,273 $910,000 $728,000 $182,000
2023 $5,284 $410,958 $338,130 $72,828
2022 $5,046 $402,900 $331,500 $71,400
2021 $4,983 $395,000 $325,000 $70,000
2020 $1,298 $79,949 $54,701 $25,248
2019 $1,259 $78,382 $53,629 $24,753
2018 $1,152 $76,846 $52,578 $24,268
2016 $1,092 $73,865 $50,538 $23,327
2015 $1,079 $72,756 $49,779 $22,977
2014 $1,093 $71,331 $48,804 $22,527
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23094983

California Regional Multiple Listing Service (CRMLS)

APN: 2228-029-009