NOT LISTED FOR SALE

7056 Forbes Ave van Nuys, CA 91406

Estimated Value: $762,000 - $876,000

2 Beds
1 Bath
840 Sq Ft
$971/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $610,000 $726 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,873/month

12 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • Wood Fence
  • Shed

About This Home

As of November 2020

Cozy and Charming Lake Balboa Cottage. The second that you enter this wonderful home you will feel like you never want to leave. The front of the house greets you with an amazing meandering drought resistant fairy path complete with custom art glass bricks, California native plants, raised garden beds and a fuji apple tree. Enter your new home and you will find oak hardwood flooring, a spacious living room, a warm and inviting country kitchen with beautiful pine cabinets and 2 cozy bedrooms. Crown moulding throughout, new evaporative cooling system, dual paned windows and lovely custom touches throughout. The large backyard is ready for your expansion or ADU and features mature lemon, fig and orange trees and a lovely conversation pit for those warm summer nights. Close to transportation, bike path, Lake Balboa, and the Sepulveda Basin. Hurry! This one won't last!

Last Agent to Sell the Property

Marti Kartalian

Fathom Realty License #01875894 Listed on: 10/02/2020

Fathom Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 7,144

Home Design

  • Plaster Walls

Interior Spaces

  • 1-Story Property
  • Gas Dryer Hookup

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 1 Car Garage
  • Driveway

Additional Features

  • Shed
  • Wood Fence

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Total Bathrooms: 1.00
  • Building Style: Cottage, Ranch
  • Unit Levels: Ground Level, One
  • Listing Member Name: Marti Kartalian
  • Listing Office Short Id: CB2531001
  • List Office Board Code: Conejo Simi Moorpark Association (CSMAR)
  • Open House Office I D: 20160917164827258645000000
  • Property Sub Type: Single Family Residence
  • Prop. Type: A
  • Selling Member Short Id: CRS-F207057955
  • Selling Office Short Id: CRS-SR0132302
  • Tract Suffix: Avenue
  • Mello Roos: No
  • Year Built: 1955
  • OFFICELIST_ZIP4: 3721
  • Special Features: None
  • Stories: 1

Interior Features

  • Advertising Remarks: undefined
  • Appliances: Dishwasher, Garbage Disposal, Gas Dryer Hookup
  • Basement Full Bathrooms: 1
  • Cooking Appliances: Free Standing Gas
  • Disability Access: 2+ Access Exits, No Interior Steps
  • DwellingTotalFloors: 1
  • Eating Areas: Country Kitchen, Eat In Kitchen
  • Entry Location: Ground Level w/Steps
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Plaster Walls
  • Kitchen Features: Counter Top, Tile Counters
  • Laundry Locations: In Garage
  • Security/Safety: Carbon Monoxide Detector(s), Firewall(s), Smoke Detector
  • Sprinklers: Front, Sprinkler Timer
  • Windows: Double Pane Windows, Window Blinds

Exterior Features

  • Common Walls: No
  • New Construction: Unknown
  • Disclosures: Compensation to Buyer's Agent, Home Warranty Plan
  • Exterior Construction: Stucco, Wood
  • Fencing: Wood
  • Foundation: Raised
  • FrontOfHouseFaces: House Faces West
  • Lot Location: Near Public Transit, Park Nearby
  • OtherPropertyFeatures: Full Copper Plumbing
  • Other Structures: Shed
  • Patio Features: Concrete Slab
  • Pool: No
  • Roofing: Composition Shingle
  • Spa: No
  • View: No

Garage/Parking

  • Parking Features: Driveway - Concrete, Garage Door Opener
  • ParkingSpacesInformationNumberOfRemotes: 1.00
  • ParkingSpacesInformationRV: No
  • ParkingSpacesInformationTotalCoveredSpaces: 1.00
  • ParkingSpacesInformationTotalGarageSpaces: 1.00
  • ParkingSpacesInformationTotalOtherSpaces: 2.00
  • ParkingSpacesInformationTotalParkingSpaces: 3.00
  • Parking Type: Garage, Garage - 1 Door, On Street, Parking for Guests Onsite

Utilities

  • Cooling Type: Ceiling Fan(s), Swamp Cooler(s), Wall Unit(s)
  • Heating Type: Wall Heater
  • Sewer: Public Sewer
  • Volt 220: In Garage
  • Hot Water: District/Public
  • Water Heater Feature: Gas

Condo/Co-op/Association

  • HOAInformationHOA: No
  • Senior Community: No

Schools

  • High School: Birmingham
  • School District: Los Angeles Unified

Lot Info

  • Lot Description: Back Yard, Fenced, Fenced Yard, Front Yard, Lot Shape-Rectangle, Lot-Level/Flat, Room for a Pool, Street Lighting, Street Paved, Street Public, Yard
  • Zoning: LAR1

Rental Info

  • Land Lease Type2: Fee Simple

Tax Info

  • APNTaxID: 2225016004

MLS Schools

  • Junior Middle School: Mulholland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Oct 13, 2020
Sold by
Feinberg Lorrie
Bought by
Galvan Julio C and Galvan Mayra P
Seller's Agent
Marti Kartalian
Fathom Realty
List Price
$610,000
Sold Price
$610,000
Current Estimated Value
$804,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,839
Avg. Annual Appreciation
5.78%
Original Mortgage
$598,951
Outstanding Balance
$531,764
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$283,492

Purchase Details

Closed on
Jun 7, 2007
Sold by
Feinberg Lorrie Beth
Bought by
Feinberg Lorrie and Lorrie Feinberg Separate Property Trust

Purchase Details

Closed on
Jan 25, 2006
Sold by
Feinberg Lorrie Beth and Melford Kenneth R
Bought by
Feinberg Lorrie Beth

Purchase Details

Closed on
Jun 6, 2005
Sold by
Feinberg Lorrie Beth
Bought by
Feinberg Lorrie Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
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

Date Buyer Sale Price Title Company
Galvan Julio C $610,000 First American Title Company
Feinberg Lorrie -- None Available
Feinberg Lorrie Beth -- None Available
Feinberg Lorrie Beth -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galvan Julio C $598,951
Previous Owner Feinberg Lorrie Beth $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $610,000 0.0% $726 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $610,000 -- $726 / Sq Ft
Source: Conejo Simi Moorpark Association of REALTORS®

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 $7,970 $660,281 $528,226 $132,055
2024 $7,970 $647,335 $517,869 $129,466
2023 $7,816 $634,643 $507,715 $126,928
2022 $7,451 $622,200 $497,760 $124,440
2021 $7,361 $610,000 $488,000 $122,000
2020 $3,827 $310,036 $220,496 $89,540
2019 $3,677 $303,958 $216,173 $87,785
2018 $3,623 $297,999 $211,935 $86,064
2016 $3,456 $286,429 $203,706 $82,723
2015 $3,406 $282,128 $200,647 $81,481
2014 $3,423 $276,602 $196,717 $79,885
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Marti Kartalian

    Fathom Realty

    (818) 571-9933

    4 Total Sales

    Marti Kartalian
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Map

Source: Conejo Simi Moorpark Association of REALTORS®

MLS Number: 220010175

Conejo Simi Moorpark Association of REALTORS®

APN: 2225-016-004

California Los Angeles County Van Nuys 91406

7056 Forbes Ave, Van Nuys, CA

Not Listed for Sale

Detached

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