NOT LISTED FOR SALE

7301 Balboa Blvd Unit 5 Van Nuys, CA 91406

Estimated Value: $447,000 - $524,000

2 Beds
2 Baths
974 Sq Ft
$475/ mo HOA Fee

Last Sold August 09, 2021

Last sale price $460,000 $472 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,508/month

12 Days on Market

Highlights

  • In Ground Pool
  • Main Floor Bedroom
  • Neighborhood Views
  • 0.83 Acre Lot
  • End Unit
  • Slab Porch or Patio

About This Home

As of August 2021

Over $15,000 spent on recent remodel!! This is a must see! The property has been professionally staged and you will love it! This 974 square foot condo features 2 bedrooms, 2 remodeled bathrooms, remodeled kitchen with new stainless steel appliances, big formal dining room, living room with fireplace, master suite, formal entryway, new paint, new flooring, new ceiling fan, new recessed lighting, big patio, 2 car garage, and more!!! The complex offers pool, spa, and 8 guest parking spaces!!

Last Agent to Sell the Property

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 06/17/2021

Last Buyer's Agent

Dan Tursi

Redfin Corporation License #01449959

Redfin Corporation

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • End Unit
  • No Units Located Below
  • Two or More Common Walls
  • Front Yard

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Garage Door Opener

Interior Spaces

  • 974 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Slab Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 38047
  • Assessor Parcel Number 2227001031

Community Details

Overview

  • 20 Units
  • Terrace Balboa Association, Phone Number (818) 778-3331
  • HOA Organizers HOA

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0.83 Acres

HOA Fees

$475 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2227001031
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 974.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls, End Unit, No One Below
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 472.28
  • Room Type: Entry, Formal Entry, Kitchen, Living Room, Main Floor Bedroom
  • Spa Features: Association, Community, In Ground

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Patio, Slab
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 475.00
  • Association Fee Frequency: Monthly
  • Association Name: Terrace Balboa
  • Phone: 818-778-3331
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: HOA Organizers

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 36034.00
  • Lot Size Acres: 0.8272

Multi Family

  • Lease Considered: No
  • Lot Size Area: 36034.0000 Square Feet
  • Number Of Units In Community: 20
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1319.00
  • Tax Lot: 1
  • Tax Tract Number: 38047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2016
Sold by
Dela Cuesta Dalmacio and Delacuesta Dalmacio
Bought by
Cuesta Dalmacio Dela and Cuesta Elvira Dela
Current Estimated Value
$493,203

Purchase Details

Listed on
Jun 21, 2015
Closed on
Dec 30, 2015
Sold by
Dela Cuesta Elvira
Bought by
Delacuesta Dalmacio
Seller's Agent
Adam Janeiro
City Living Realty
Buyer's Agent
John Baldwin
List Price
$269,000
Sold Price
$262,500
Premium/Discount to List
-$6,500
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Original Mortgage
$196,687
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2015
Closed on
Dec 17, 2015
Sold by
Ramos Gia
Bought by
Delacuesta Dalmacio
Seller's Agent
Adam Janeiro
City Living Realty
Buyer's Agent
John Baldwin
List Price
$269,000
Sold Price
$262,500
Premium/Discount to List
-$6,500
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,687
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2015
Sold by
Ramos Gene M and Ramos Family Trust
Bought by
Ramos Gia

Purchase Details

Closed on
Jul 30, 2008
Sold by
Ramos Gene M and Ramos Martha J
Bought by
Ramos Gene M and Ramos Martha J

Purchase Details

Closed on
Aug 7, 2003
Sold by
Grinbaum Leonard and Grinbaum Yulia
Bought by
Ramos Gene and Ramos Jackie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 1998
Sold by
Vortman Mark
Bought by
Grinbaum Leonard and Grinbaum Yulia

Purchase Details

Closed on
Apr 1, 1998
Sold by
Vortman Mark
Bought by
Vortman Mark and Grinbaum Yulia

Purchase Details

Closed on
Jul 31, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Vortman Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,705
Interest Rate
7.58%

Purchase Details

Closed on
Feb 24, 1997
Sold by
Fleet National Bank
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 21, 1997
Sold by
Ghazi Zari and Fleet National Bank
Bought by
Fleet National Bank
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
Cuesta Dalmacio Dela -- Accommodation
Delacuesta Dalmacio -- Lawyers Title Company
Delacuesta Dalmacio $262,500 Lawyers Title Company
Ramos Gia -- Lawyers Title Company
Ramos Gene M -- None Available
Ramos Gene $182,500 Equity Title Company
Grinbaum Leonard -- --
Vortman Mark -- --
Vortman Mark $64,000 Chicago Title Co
Federal Home Loan Mortgage Corporation -- First Southwestern Title Co
Fleet National Bank $64,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delacuesta Dalmacio $196,687
Previous Owner Ramos Gene $130,000
Previous Owner Vortman Mark $60,705
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2021 08/09/21 Sold $460,000 0.0% $472 / Sq Ft
06/30/2021 06/30/21 Price Changed $459,954 +9.5% $472 / Sq Ft
06/17/2021 06/17/21 For Sale $419,914 +60.0% $431 / Sq Ft
01/07/2016 01/07/16 Sold $262,500 -2.4% $270 / Sq Ft View Prior Sale
06/21/2015 06/21/15 For Sale $269,000 -- $276 / 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 $5,982 $488,154 $333,749 $154,405
2024 $5,911 $478,583 $327,205 $151,378
2023 $5,797 $469,200 $320,790 $148,410
2022 $5,525 $460,000 $314,500 $145,500
2021 $3,530 $287,078 $148,296 $138,782
2020 $3,564 $284,135 $146,776 $137,359
2019 $3,425 $278,565 $143,899 $134,666
2018 $3,395 $273,104 $141,078 $132,026
2016 $2,639 $219,180 $119,498 $99,682
2015 $2,600 $215,889 $117,704 $98,185
2014 $2,614 $211,661 $115,399 $96,262
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21100089

California Regional Multiple Listing Service (CRMLS)

APN: 2227-001-031

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