NOT LISTED FOR SALE

7301 Balboa Blvd Unit 9 Van Nuys, CA 91406

Van Nuys Area

Estimated Value: $462,652 - $493,000

2 Beds
2 Baths
964 Sq Ft
0.83 Acre Lot

Sale Details

Date Sold: March 20, 2020

Last sale price $405,000 $420 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,558 / mo

4 Days on Market

Highlights

  • In Ground Pool
  • Main Floor Bedroom
  • Pool View
  • 0.83 Acre Lot
  • Living Room with Attached Deck
  • Granite Countertops

About This Home

As of March 2020

Charming poolside first floor corner unit in the Heart of Lake Balboa. Open, well maintained unit with 2-bedrooms, 2-bathrooms, gas-burning fireplace in living room, upgraded kitchen with granite countertops, recessed lighting and newer wood tile flooring. Large master bedroom with upgraded ensuite bath and large walk-in shower. Oversized Patio. Newly purchased appliances and Washer/dryer in unit. Two tandem garage parking spaces with storage and guest spaces on-site. Near Orange Line Busway, many stores, local parks and amenities. The Terrace Balboa Complex is 20 units in total and features a pool and in-ground spa.

Last Agent to Sell the Property

Gina Michelle

The Agency License #01503003 Listed on: 01/23/2020

The Agency

Co-Listed By

George Ouzounian

The Agency License #01948763

Last Buyer's Agent

Tamra Pardee

Halton Pardee & Partners, Inc. License #01421451

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • 1 Common Wall

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Cosmetic Repairs Needed

Interior Spaces

  • 964 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Tile Flooring
  • Pool Views
  • Laundry in unit

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 38047
  • Assessor Parcel Number 2227001029

Community Details

Overview

  • 20 Units
  • Terrace Balboa Association, Phone Number (818) 778-3331
  • Maintained Community

Amenities

  • Laundry Facilities

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: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LARD1.5
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2227001029
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 964.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Living Room Deck Attached, Recessed Lighting, Unfurnished
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • 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: 420.12
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom
  • Spa Features: Association, Community
  • Bathroom Features: Shower In Tub, Walk-In Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Maintenance Grounds
  • Association Fee: 475.00
  • Association Fee Frequency: Monthly
  • Association Name: Terrace Balboa
  • Phone: 818-778-3331
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Terrace Balboa

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • 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: 20

Tax Info

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

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
Jan 23, 2020
Closed on
Feb 5, 2020
Sold by
Bought by
Seller's Agent
Gina Michelle
The Agency
Buyer's Agent
Tamra Pardee
Halton Pardee & Partners, Inc.
List Price
$399,000
Sold Price
$405,000
Premium/Discount to List
$6,000
1.5%
Current Estimated Value
$479,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,663
Avg. Annual Appreciation
2.69%
Original Mortgage
$344,250
Outstanding Balance
$296,887
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$182,776

Purchase Details

Listed on
Dec 8, 2017
Closed on
Mar 9, 2018
Sold by
Bought by
Seller's Agent
Julian Gomez
Century 21 Allstars
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Original Mortgage
$272,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 8, 2017
Closed on
Feb 7, 2018
Sold by
Bought by
Seller's Agent
Julian Gomez
Century 21 Allstars
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2016
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
$140,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 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
$112,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2008
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
$132,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2008
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
$125,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2005
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
$80,000
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 8, 2004
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
$50,000
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2002
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 1998
Sold by
Bought by

Purchase Details

Closed on
Sep 24, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Van Nuys, CA

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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
$405,000 Lawyers Title
-- Old Republic Title Company
$340,000 Old Republic Title Company
-- None Available
-- Pacific Coast Title Company
-- Security Union Title
-- Fidelity National Title Co
-- None Available
-- Fidelity National Title Co
-- Fidelity National Title Co
-- --
-- Fidelity National Title Co
-- Diversified Title & Escrow S
$67,000 Investors Title Company
-- --
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 $344,250
Previous Owner $276,000
Previous Owner $272,000
Previous Owner $140,000
Previous Owner $112,000
Previous Owner $132,000
Previous Owner $125,000
Previous Owner $80,000
Previous Owner $50,000
Previous Owner $57,000
Previous Owner $53,000
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 Prior Sale
03/20/2020 03/20/20 Sold $405,000 +1.5% $420 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $399,000 +17.4% $414 / Sq Ft
03/20/2018 03/20/18 Sold $340,000 0.0% $353 / Sq Ft View Prior Sale
02/01/2018 02/01/18 Price Changed $339,999 -2.9% $353 / Sq Ft
12/08/2017 12/08/17 For Sale $350,000 -- $363 / 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 $5,361 $442,921 $294,406 $148,515
2024 $5,294 $434,237 $288,634 $145,603
2023 $5,191 $425,724 $282,975 $142,749
2022 $4,946 $417,377 $277,427 $139,950
2021 $4,882 $409,194 $271,988 $137,206
2020 $4,314 $353,736 $215,883 $137,853
2019 $4,143 $346,800 $211,650 $135,150
2018 $1,169 $93,997 $18,791 $75,206
2016 $1,103 $90,349 $18,062 $72,287
2015 $1,087 $88,993 $17,791 $71,202
2014 $1,097 $87,251 $17,443 $69,808
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20015192

California Regional Multiple Listing Service (CRMLS)

APN: 2227-001-029

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