NOT LISTED FOR SALE

7244 Ostrom Ave van Nuys, CA 91406

Estimated Value: $973,518 - $1,082,000

3 Beds
2 Baths
1,851 Sq Ft
$546/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $650,000 $351 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,951/month

49 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mediterranean Architecture
  • No HOA
  • Wood Flooring
  • Bonus Room
  • Neighborhood Views

About This Home

As of January 2017

Welcome to this immaculate home in a highly desirable peaceful pockets in Lake Balboa! Completely move in condition, this home, gorgeous and bright, is a rare opportunity with beautiful curb appeal. Move right in and enjoy an amazingly open floor plan along with 3 spacious bedrooms and 2 bathrooms. As you enter you are greeted with formal entrance with warm-colored flooring and high ceilings. On your right, wet bar area, quite a size for you to entertain friends & family. Your living room is grand: I can hear your laughter and joy as you're enjoying your relaxing evenings with fire playing the game in your marble framed fireplace. Formal dining room is spacious to enjoy your masterpiece dinners. Your chef has granite counter tops and lots of closet space, to dive into the next delicious meal adventures. Enter your private master bedroom, bright and open, and experience your soothing Me-Time in your own large spa without having to leave your house. Sit back and chill during hot summer days and nights in your very private backyard with lots of fruit trees and greenery. A bonus room on top of the covered patio with its own bathroom and balcony with nice views can serve as your hideaway, man cave or office.

Last Agent to Sell the Property

Armine Daghbashyan

Coldwell Banker Hallmark Realty License #01757693 Listed on: 10/04/2016

Coldwell Banker Hallmark Realty

Last Buyer's Agent

Aram Melkonyan

Local Properties License #01252361

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 5,999 Sq Ft Lot
  • Landscaped
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Mediterranean Architecture
  • Turnkey

Interior Spaces

  • 1,851 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Bonus Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 15577
  • Assessor Parcel Number 2227014005

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

5,999 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2227014005
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1851.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Fireplace Features: Living Room, Gas, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 351.16
  • Room Type: Bonus Room, Family Room, Laundry, Master Bathroom, Master Bedroom, Master Suite

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Covered
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Appliances: Dishwasher, Double Oven, Refrigerator
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Landscaped
  • Lot Size Sq Ft: 5999.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 1319.00
  • Tax Lot: 13
  • Tax Tract Number: 15577

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2020
Sold by
Hindoian Vartan and Grigoryan Gayane
Bought by
Hindoian Vartan and Grigoryan Gayane
Current Estimated Value
$1,009,880

Purchase Details

Closed on
Jan 29, 2020
Sold by
Hindoian Vartan and Grigoryan Gayane
Bought by
Hindoian Vartan and Grigoryan Rev T T

Purchase Details

Listed on
Oct 4, 2016
Closed on
Dec 2, 2016
Sold by
Martirosian Armarit
Bought by
Hindoian Vartan and Grigoryan Gayane
Seller's Agent
Armine Daghbashyan
Coldwell Banker Hallmark Realty
Buyer's Agent
Aram Melkonyan
Local Properties
List Price
$649,000
Sold Price
$650,000
Premium/Discount to List
$1,000
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$378,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2002
Sold by
Hendrickson John Blake
Bought by
Martirosian Armarit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,600
Interest Rate
6.06%

Purchase Details

Closed on
Aug 31, 2000
Sold by
Artman Wayne E
Bought by
Hendrickson John Blake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
7.98%

Purchase Details

Closed on
Dec 17, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Artman Wayne Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,830
Interest Rate
7.22%
Mortgage Type
VA

Purchase Details

Closed on
May 29, 1997
Sold by
Hernandez Helen B and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation
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

Date Buyer Sale Price Title Company
Hindoian Vartan -- None Available
Hindoian Vartan -- None Available
Hindoian Vartan $650,000 North American Title Company
Martirosian Armarit $234,000 Lawyers Title Company
Hendrickson John Blake $170,000 Lawyers Title Company
Artman Wayne Eugene $116,500 First American
Federal Home Loan Mortgage Corporation $100,000 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hindoian Vartan $378,000
Previous Owner Martirosian Armarit $210,600
Previous Owner Hendrickson John Blake $161,500
Previous Owner Artman Wayne Eugene $118,830
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2017 01/20/17 Sold $650,000 +0.2% $351 / Sq Ft
11/22/2016 11/22/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $649,000 -- $351 / Sq Ft
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 $9,184 $754,376 $452,627 $301,749
2024 $9,184 $739,585 $443,752 $295,833
2023 $9,008 $725,084 $435,051 $290,033
2022 $8,590 $710,868 $426,521 $284,347
2021 $8,481 $696,930 $418,158 $278,772
2020 $8,565 $689,785 $413,871 $275,914
2019 $8,228 $676,260 $405,756 $270,504
2018 $8,120 $663,000 $397,800 $265,200
2017 $0 $392,006 $233,608 $158,398
2016 $4,739 $384,321 $229,028 $155,293
2015 $4,671 $378,549 $225,588 $152,961
2014 $4,693 $371,135 $221,170 $149,965
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16718010

California Regional Multiple Listing Service (CRMLS)

APN: 2227-014-005

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