NOT LISTED FOR SALE

7123 Forbes Ave van Nuys, CA 91406

Estimated Value: $729,000 - $898,762

3 Beds
2 Baths
1,300 Sq Ft
$645/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2020

Last sale price $640,000 $492 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,237 / mo

7 Days on Market

Highlights

  • RV Access or Parking
  • Updated Kitchen
  • Traditional Architecture
  • Primary Bedroom Suite
  • Open Floorplan
  • Wood Flooring

About This Home

As of May 2020

Charming three bedroom two bath home located in the Lake Balboa area of Van Nuys. This turn key home includes an updated kitchen with stainless steel appliances, granite countertops and tile flooring. Eat in kitchen, perfect for family dining. Full size interior laundry conveniently located off kitchen. The spacious living room includes a fireplace and wood floors. This home includes two full-size bathrooms with shower and tub, both bathrooms feature decorative tile and granite countertops. Three generously sized bedrooms, the third of which can be utilized as a den or pass through bedroom. Spacious backyard with large grassy area perfect for outdoor entertaining. This home includes a full-size garage and storage shed. This home has been freshly painted and is move-in ready.

Last Agent to Sell the Property

Zachary Bushey

Zak Bushey, Broker License #01334456 Listed on: 03/23/2020

Last Buyer's Agent

William Holmes

Anvil Real Estate License #01914118

Anvil Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 7,201 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 1 Car Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Turnkey
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,300 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Living Room with Fireplace
  • Den
  • Storage
  • Laundry in unit
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Birmingham High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot A
  • Tax Tract Number 16
  • Assessor Parcel Number 2225018037

Home Details

Home Type

Single Family

Year Built

Built in 1954 | Remodeled

Lot Details

7,201 Sq Ft Lot

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2225018037
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1300.00 Square Feet
  • Interior Amenities: Granite Counters, Open Floorplan, Recessed Lighting, Storage
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 492.31
  • Room Type: Den, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Remodeled, Upgraded
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Shed(s)
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Concrete, Covered, Porch, Front Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front, Garage - Single Door, RV Access/Parking, RV Gated
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Water Heater
  • 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: Curbs

Schools

  • High School: Birmingham
  • High School2: BIRMIN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street, Rectangular Lot, Level, Yard
  • Lot Size Sq Ft: 7201.00
  • Lot Size Acres: 0.1653

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7201.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1321.02
  • Tax Lot: A
  • Tax Tract Number: 16

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

Listed on
Mar 23, 2020
Closed on
Mar 30, 2020
Sold by
Bought by
Seller's Agent
Zachary Bushey
Zak Bushey, Broker
Buyer's Agent
William Holmes
Anvil Real Estate
List Price
$639,900
Sold Price
$640,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$838,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,691
Avg. Annual Appreciation
4.49%
Original Mortgage
$576,000
Outstanding Balance
$512,175
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$326,516

Purchase Details

Closed on
May 1, 2013
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
$328,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2010
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
$343,375
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2010
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
$343,375
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 2010
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
$343,375
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2010
Sold by
Bought by

Purchase Details

Closed on
Dec 4, 2009
Sold by
Bought by

Purchase Details

Closed on
May 16, 2006
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
$396,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2002
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
$195,000
Interest Rate
6.16%
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

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
$640,000 Lawyers Title Co
-- Lawyers Title
$348,000 Stewart Title Of California
-- None Available
-- Accommodation
-- Accommodation
$242,000 Lsi Title Agency Inc
$447,845 Accommodation
$495,000 Fidelity National Title Co
-- Ticor 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
Open $576,000
Previous Owner $328,000
Previous Owner $343,375
Previous Owner $396,000
Previous Owner $195,000
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
05/01/2020 05/01/20 Sold $640,000 0.0% $492 / Sq Ft
03/30/2020 03/30/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $639,900 -- $492 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,581 $699,931 $559,946 $139,985
2024 $8,471 $686,208 $548,967 $137,241
2023 $8,308 $672,753 $538,203 $134,550
2022 $7,920 $659,562 $527,650 $131,912
2021 $7,823 $646,630 $517,304 $129,326
2020 $5,037 $408,293 $166,915 $241,378
2019 $4,839 $400,289 $163,643 $236,646
2018 $4,775 $392,441 $160,435 $232,006
2016 $4,638 $377,204 $154,206 $222,998
2015 $4,571 $371,539 $151,890 $219,649
2014 $4,594 $364,262 $148,915 $215,347
Source: Public Records

Agents Affiliated with this Home

  • Zachary Bushey

    Seller's Agent in 2020

    Zachary Bushey

    Zak Bushey, Broker

    (626) 533-3123

    4 Total Sales

    Zachary Bushey
    Section Image
  • William Holmes

    Buyer's Agent in 2020

    William Holmes

    Anvil Real Estate

    (323) 474-2909

    26 Total Sales

    William Holmes
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20062141

California Regional Multiple Listing Service (CRMLS)

APN: 2225-018-037

California Los Angeles County Van Nuys 91406

7123 Forbes Ave, Van Nuys, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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