NOT LISTED FOR SALE

7100 Balboa Blvd Unit 402 Van Nuys, CA 91406

Estimated Value: $599,877 - $696,000

2 Beds
3 Baths
1,580 Sq Ft
$415/Sq Ft Est. Value

Last Sold October 15, 2015

Last sale price $390,000 $247 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,361/month

7 Days on Market

Highlights

  • In Ground Spa
  • Gated Community
  • Multi-Level Bedroom
  • Automatic Gate
  • 3.43 Acre Lot
  • Wood Flooring

About This Home

As of October 2015

LOCATION! LOCATION! LOCATION! Gorgeous Tri-Level Townhome in beautiful Balboa Townhomes.. Best Location in the complex! This light and bright townhome features High Cathedral Ceilings, Fireplace with automatic gas logs in the Living Room, a full Master with upper level sitting area/office/nursery. Beautiful wooded views from all windows. Separate Laundry Room conveniently located on bedroom level, newer recessed lighting, French Country kitchen with a large pantry, lots of cabinet and counter space, breakfast bar, and a Formal Dining Room (currently used as a Den with custom built in entertainment center). Master bath with separate tub and shower, second bedroom with full bath , custom blinds and crown molding valances throughout, 2 car attached garage, and newer AC/Heating system. The HOA recently remodeled the pool and spa area. The house shows pride of ownership and is extremely clean.

Last Agent to Sell the Property

Stacey Franklin

Pinnacle Estate Properties License #01412742 Listed on: 08/26/2015

Co-Listed By

Jamie Noe

No Firm Affiliation License #01403836

Last Buyer's Agent

Jill Schwartz

Wish Sothebys Intl. Realty License #01302947

Wish Sothebys Intl. Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1981

Lot Details

  • 3.43

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Automatic Gate
  • Guest Parking

Interior Spaces

  • 1,580 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Pool Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Multi-Level Bedroom
  • 3 Full Bathrooms

Pool

  • In Ground Spa
  • Private Pool

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 35450
  • Assessor Parcel Number 2225020053

Community Details

Overview

  • 62 Units

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Year Built

Built in 1981

Lot Details

0

HOA Fees

$370 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Automatic Gate, Gated Community
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2225020053
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1580.00
  • Interior Amenities: Balcony, Ceiling Fan(s), High Ceilings, Living Room Balcony
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 246.84
  • Room Type: All Bedrooms Up, Living Room, Master Bedroom, Multi-Level Bedroom
  • Spa Features: Association, In Ground

Exterior Features

  • View: Pool
  • Pool Features: Community
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Door Opener, Gated, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 370.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 149364.00
  • Price Per Lot Square Foot: 2.64
  • Lot Size Acres: 3.4290

Multi Family

  • Lease Considered: No
  • Lot Size Area: 149364.0000 Square Feet
  • Number Of Units In Community: 62
  • Number Of Units Total: 62

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 35450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2020
Sold by
Dias Richard G and Dias Cheryl
Bought by
Dias Richard G and Dias Cheryl
Current Estimated Value
$654,969

Purchase Details

Listed on
Aug 26, 2015
Closed on
Oct 14, 2015
Sold by
Sherman Michele
Bought by
Diaz Richard G and Diaz Cheryl
Seller's Agent
Stacey Franklin
Pinnacle Estate Properties
Buyer's Agent
Jill Schwartz
Wish Sothebys Intl. Realty
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Original Mortgage
$312,000
Outstanding Balance
$237,182
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$417,787

Purchase Details

Listed on
Aug 26, 2015
Closed on
Sep 11, 2015
Sold by
Sherman Michele
Bought by
Sherman Michele and The Michele Sherman Separate Property Tr
Seller's Agent
Stacey Franklin
Pinnacle Estate Properties
Buyer's Agent
Jill Schwartz
Wish Sothebys Intl. Realty
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Outstanding Balance
$237,182
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$417,787

Purchase Details

Closed on
Feb 14, 2014
Sold by
Sherman Michele
Bought by
Sherman Michele and The Michele Sherman Separate Property Tr

Purchase Details

Closed on
Sep 12, 2005
Sold by
Sherman Michele
Bought by
Sherman Michele and The Michele Sherman Separate Property Tr

Purchase Details

Closed on
Jan 15, 2002
Sold by
Sherman Michele and Gordon Michele
Bought by
Sherman Michele

Purchase Details

Closed on
Nov 2, 2001
Sold by
Sherman Michele and Gordon Michele
Bought by
Gordon Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.73%

Purchase Details

Closed on
Mar 3, 1995
Sold by
Emc Mtg Corp
Bought by
Gordon Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
8.9%

Purchase Details

Closed on
Mar 23, 1994
Sold by
Great Western Bank Fsb
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Aug 23, 1993
Sold by
California Reconveyance Company
Bought by
Great Western Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dias Richard G -- None Available
Diaz Richard G $390,000 Priority Title
Sherman Michele -- Priority Title
Sherman Michele -- None Available
Sherman Michele -- None Available
Sherman Michele -- None Available
Sherman Michele -- --
Sherman Michele -- --
Gordon Michele -- First American Title Co
Gordon Michele -- First American Title Co
Gordon Michele $115,000 Fidelity National Title Ins
Emc Mtg Corp -- Fidelity National Title
Great Western Bank $129,925 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Richard G $312,000
Closed Sherman Michele $312,000
Previous Owner Gordon Michele $125,000
Previous Owner Gordon Michele $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2015 10/15/15 Sold $390,000 -1.3% $247 / Sq Ft
09/02/2015 09/02/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $395,000 -- $250 / 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 $7,077 $573,685 $380,040 $193,645
2024 $6,998 $562,438 $372,589 $189,849
2023 $6,864 $551,411 $365,284 $186,127
2022 $6,545 $540,600 $358,122 $182,478
2021 $5,245 $426,517 $258,098 $168,419
2020 $5,296 $422,145 $255,452 $166,693
2019 $5,090 $413,869 $250,444 $163,425
2018 $5,048 $405,755 $245,534 $160,221
2016 $4,816 $390,000 $236,000 $154,000
2015 $2,000 $160,703 $32,133 $128,570
2014 $2,012 $157,556 $31,504 $126,052
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15188713

California Regional Multiple Listing Service (CRMLS)

APN: 2225-020-053