NOT LISTED FOR SALE

7139 Forbes Ave van Nuys, CA 91406

Estimated Value: $940,000 - $1,165,000

4 Beds
3 Baths
1,929 Sq Ft
$540/Sq Ft Est. Value

Last Sold October 18, 2016

Last sale price $575,000 $298 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,027/month

103 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Attached Garage
  • Level Lot
  • No HOA
  • Central Air
  • Front Yard

About This Home

As of October 2016

REDUCED, REDUCED...SIMPLY GORGEOUS. A contemporary style remodel perfect for the growing family. Located in the highly desirable Lake Balboa area, the home has been graciously appointed with exceptional materials to complement its new design. New floors and paint throughout. The home features a brand new open Kitchen appliances and granite countertops, a high efficiency air and heating conditioning system. Features include laminate flooring throughout the house and bathroomscompletely remodeled with tile and travertine finishes. The Master Bedroom is downstairs and there are 2 bedrooms upstairs with the potential of converting the family room into a fourth bedroom. The family room has its own bathroom and closet. The
romantic Master Suite has patio doors leading out to the backyard. A desert inspired landscape finishes this eco inspired home. HURRY, HURRY, HURRY - this property will not last long on the market.

Last Agent to Sell the Property

Fabian Salazar

Elite Estates West License #01340797 Listed on: 06/04/2016

Last Buyer's Agent

Amanda Weier

Gold Star Realty - Encino License #01338736

Gold Star Realty - Encino

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 5,074 Sq Ft Lot
  • Level Lot
  • Front Yard

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,929 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Rain Gutters
  • Property is near public transit
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 2225018033

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

5,074 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2225018033
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1929.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: Two
  • Price Per Square Foot: 298.08

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street, Near Public Transit
  • Lot Size Sq Ft: 5074.00
  • Price Per Lot Square Foot: 118.23

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2016
Closed on
Sep 20, 2016
Sold by
Rezaie Karam A
Bought by
Meade Timothy and Meade Amber
Seller's Agent
Fabian Salazar
Elite Estates West
Buyer's Agent
Amanda Weier
Gold Star Realty - Encino
List Price
$679,999
Sold Price
$575,000
Premium/Discount to List
-$104,999
-15.44%
Current Estimated Value
$1,041,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,066
Avg. Annual Appreciation
6.57%
Original Mortgage
$517,500
Outstanding Balance
$413,757
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$627,309

Purchase Details

Closed on
Jun 30, 2015
Sold by
Rezaie Karam A
Bought by
The Rezaie Revocable Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 9, 2013
Closed on
Jan 15, 2013
Sold by
Rezzaie Ashraf
Bought by
Rezaie Karam A
Seller's Agent
Josephina Fajardo
Del Sol Realty
Buyer's Agent
Diane Devant
Pinnacle Estate Properties, Inc.
Sold Price
$253,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.45%

Purchase Details

Listed on
Jan 9, 2013
Closed on
Jan 14, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Rezaie Karam A
Seller's Agent
Josephina Fajardo
Del Sol Realty
Buyer's Agent
Diane Devant
Pinnacle Estate Properties, Inc.
Sold Price
$253,000

Purchase Details

Closed on
Aug 23, 2011
Sold by
Vicente Cresencio A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 22, 2011
Sold by
Vicente Cresencio A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 1, 2007
Sold by
Vicente Cresencio A
Bought by
Vicente Cresencio A and Dionicio Salomon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,250
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2007
Sold by
Torres Cresencio A Vicente
Bought by
Vicente Cresencio A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,250
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2007
Sold by
Hernandez Rafael A
Bought by
Torres Cresencio A Vicente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,250
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2006
Sold by
Hernandez Rafael A
Bought by
Hernandez Rafael A and Dionicio Salomon

Purchase Details

Closed on
Sep 8, 2003
Sold by
Brown Fred C
Bought by
Hernandez Rafael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2000
Sold by
Traverse Sabrina
Bought by
Brown Fred C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,556
Interest Rate
9.75%

Purchase Details

Closed on
Nov 30, 2000
Sold by
Satz Steven L
Bought by
Traverse Sabrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,556
Interest Rate
9.75%

Purchase Details

Closed on
Apr 6, 1994
Sold by
Nash Kevin
Bought by
Traverse Sabrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,400
Interest Rate
8.3%

Purchase Details

Closed on
Apr 4, 1994
Sold by
Green Donna L
Bought by
Traverse Sabrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,400
Interest Rate
8.3%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Meade Timothy $575,000 Chicago Title Company
The Rezaie Revocable Family Trust -- Chicago Title Company
Rezaie Karam A -- Servicelink
Rezaie Karam A $252,000 Servicelink
Federal Home Loan Mortgage Corporation $208,854 Accommodation
Federal Home Loan Mortgage Corporation $208,854 None Available
Vicente Cresencio A -- Accommodation
Vicente Cresencio A -- North American Title Co
Torres Cresencio A Vicente -- None Available
Hernandez Rafael A -- Accommodation
Hernandez Rafael A $280,000 Southland Title
Brown Fred C $175,372 Lawyers Title Company
Traverse Sabrina -- Lawyers Title Company
Traverse Sabrina -- Equity Title
Traverse Sabrina $152,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meade Timothy $517,500
Previous Owner The Rezaie Revocable Family Trust $350,000
Previous Owner Vicente Cresencio A $401,250
Previous Owner Hernandez Rafael A $224,000
Previous Owner Brown Fred C $167,556
Previous Owner Traverse Sabrina $144,400
Closed Hernandez Rafael A $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2016 10/18/16 Sold $575,000 -4.2% $298 / Sq Ft
09/15/2016 09/15/16 Pending -- -- --
08/22/2016 08/22/16 Price Changed $599,900 -1.7% $311 / Sq Ft
07/19/2016 07/19/16 Price Changed $609,999 -3.2% $316 / Sq Ft
06/23/2016 06/23/16 Price Changed $629,999 -3.1% $327 / Sq Ft
06/08/2016 06/08/16 Price Changed $649,999 -4.4% $337 / Sq Ft
06/04/2016 06/04/16 For Sale $679,999 +168.8% $353 / Sq Ft
01/28/2013 01/28/13 Sold $253,000 -- $221 / Sq Ft View Prior Sale
01/09/2013 01/09/13 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,162 $667,330 $469,337 $197,993
2024 $8,162 $654,246 $460,135 $194,111
2023 $8,003 $641,418 $451,113 $190,305
2022 $7,629 $628,842 $442,268 $186,574
2021 $7,526 $616,513 $433,597 $182,916
2019 $7,217 $598,229 $420,737 $177,492
2018 $7,117 $586,500 $412,488 $174,012
2016 $3,258 $263,178 $208,047 $55,131
2015 $3,211 $259,225 $204,922 $54,303
2014 $3,229 $254,148 $200,908 $53,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16120550

California Regional Multiple Listing Service (CRMLS)

APN: 2225-018-033

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