NOT LISTED FOR SALE

7241 Louise Ave van Nuys, CA 91406

Estimated Value: $839,000 - $898,000

3 Beds
2 Baths
1,323 Sq Ft
$658/Sq Ft Est. Value

Last Sold June 05, 2019

Last sale price $575,000 $435 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,212/month

Highlights

  • Private Pool
  • Laundry Room
  • 1-Story Property
  • No HOA
  • Central Air
  • 2-minute walk to Louise Park

About This Home

As of July 2020

Single level home with three bedrooms and two baths located in great area of Lake Balboa. Master bedroom with own bath separated from the other two rooms. Laminated floor throughout the house, Fireplace, recessed lighting, Central heat and Air condition, Washer/Dryer combo unit included. The sliding glass door leads to an entertaining backyard with a newly replastered pool and spa. Garage has been converted to an additional living space with separate entrance. Ample street parking Close to 405 FWY, Lake Balboa Park, Golf course, and recreation.

Last Agent to Rent the Property

Kami Shahab

Access Realty and Finance License #01880026 Listed on: 07/16/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,480 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 1,323 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Private Pool
  • Exterior Lighting

Utilities

  • Central Air

Listing and Financial Details

  • Security Deposit $3,200
  • Rent includes gardener, pool
  • 12-Month Minimum Lease Term
  • Available 8/1/20
  • Tax Lot 21
  • Tax Tract Number 15634
  • Assessor Parcel Number 2228016005

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $300

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2020-08-01
  • Credit Check Paid By: Tenant
  • Deposit Pets: 300
  • Deposit Security: 3200
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Duplex
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 2228016005
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1323.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.49
  • Room Type: Master Bathroom

Exterior Features

  • Pool Features: Private
  • Pool Private: Yes

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6480.00
  • Lot Size Acres: 0.1488

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 6480.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Includes: Gardener, Pool

Tax Info

  • Tax Census Tract: 1319.00
  • Tax Lot: 21
  • Tax Tract Number: 15634

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
May 10, 2019
Sold by
Hassanpour Rezvan F
Bought by
Shakibi Reza
Seller's Agent
Steve Nemeth
RE/MAX One
Buyer's Agent
Kami Shahab
Access Realty and Finance
List Price
$549,900
Sold Price
$575,000
Premium/Discount to List
$25,100
4.56%
Current Estimated Value
$870,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,518
Avg. Annual Appreciation
6.44%
Original Mortgage
$430,000
Outstanding Balance
$378,057
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$492,461

Purchase Details

Listed on
Apr 17, 2019
Closed on
Apr 30, 2019
Sold by
Scheibel Ian and Beylen Margo
Bought by
Shakibi Reza
Seller's Agent
Steve Nemeth
RE/MAX One
Buyer's Agent
Kami Shahab
Access Realty and Finance
List Price
$549,900
Sold Price
$575,000
Premium/Discount to List
$25,100
4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Outstanding Balance
$378,057
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$492,461

Purchase Details

Closed on
Sep 12, 2013
Sold by
Scheibel Ian
Bought by
Ian Scheibel & Margo Beylen Trust

Purchase Details

Closed on
Jul 14, 2008
Sold by
Beylen Margo Sue
Bought by
Scheibel Ian G

Purchase Details

Closed on
May 18, 2000
Sold by
Rindone Michael
Bought by
Rindone Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.18%

Purchase Details

Closed on
Apr 26, 2000
Sold by
Rindone Michael
Bought by
Scheibel Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.18%
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
Shakibi Reza -- First American Title Company
Shakibi Reza $575,000 First American Title Company
Ian Scheibel & Margo Beylen Trust -- None Available
Scheibel Ian G -- None Available
Rindone Michael -- South Coast Title
Scheibel Ian $155,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shakibi Reza $430,000
Previous Owner Scheibel Ian $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2020 07/25/20 Rented $3,300 0.0% --
07/16/2020 07/16/20 For Rent $3,300 +10.0% --
07/26/2019 07/26/19 Rented $3,000 0.0% --
07/26/2019 07/26/19 Under Contract -- -- --
07/22/2019 07/22/19 For Rent $3,000 0.0% --
06/05/2019 06/05/19 Sold $575,000 +4.6% $435 / Sq Ft View Prior Sale
04/26/2019 04/26/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $549,900 -- $416 / 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 $8,293 $673,932 $497,295 $176,637
2024 $8,293 $660,719 $487,545 $173,174
2023 $8,136 $647,765 $477,986 $169,779
2022 $7,762 $635,064 $468,614 $166,450
2021 $7,666 $622,613 $459,426 $163,187
2019 $4,323 $213,542 $85,416 $128,126
2018 $2,638 $209,356 $83,742 $125,614
2016 $2,509 $201,228 $80,491 $120,737
2015 $2,473 $198,206 $79,282 $118,924
2014 $2,488 $194,324 $77,729 $116,595
Source: Public Records

Agents Affiliated with this Home

  • Kami Shahab

    Landlord's Agent in 2020

    Kami Shahab

    Access Realty and Finance

    (818) 298-7579

    11 Total Sales

    Kami Shahab
    Section Image
  • Steve Nemeth

    Seller's Agent in 2019

    Steve Nemeth

    RE/MAX

    (818) 203-9394

    3 in this area

    88 Total Sales

    Steve Nemeth
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20140476

California Regional Multiple Listing Service (CRMLS)

APN: 2228-016-005

California Los Angeles County Van Nuys 91406

7241 Louise Ave, Van Nuys, CA

Not Listed for Sale

MultiFamily

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