NOT LISTED FOR SALE

7305 Balboa Blvd Unit 3 van Nuys, CA 91406

Van Nuys Area

Estimated Value: $477,532

2 Beds
2 Baths
974 Sq Ft
0.83 Acre Lot

Sale Details

Date Sold: October 18, 2019

Last sale price $370,000 $380 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,516 / mo

35 Days on Market

Highlights

  • In Ground Pool
  • 36,034 Sq Ft lot
  • Tandem Parking
  • Views of Trees
  • Enclosed Patio or Porch
  • Air Conditioning

About This Home

As of October 2019

Turnkey 2/2 completely remodeled Lake Balboa condo is move-in ready! Open & bright living space with own private patio, fireplace in living room, separate dining area, brand new kitchen appliances including stainless steel dishwasher, oven, range, microwave, new cabinets, new flooring throughout, new paint, new lighting & new modern bathroom fixtures. Spacious master bedroom has own en-suite master bath with double sink quartz vanities & two large closets with sliding mirrored doors. The sizeable second bedroom can also serve as an office, study or exercise room. Other features include: washer & dryer (stackable) hookups, separate tandem 2 car garage. The building is well maintained & gated with swimming pool, spa, and plenty of guest parking. There is also a grassy area for pets or picnic. Great location close to major freeways, Louise Park, Ralph's, Chase Bank & Award-winning school, Birmingham close by.

Last Agent to Sell the Property

Brooke Bryant

Estate Properties License #02044801 Listed on: 08/07/2019

Estate Properties

Last Buyer's Agent

Craig Bradley

License #02012651

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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • 0.83

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Parking
  • Guest Parking

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 974 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Area
  • Laminate Flooring
  • Views of Trees

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Mirrored Closets Doors
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer Hookup

Home Security

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 2227-001-032

Community Details

Overview

  • Association fees include cable TV
  • 20 Units
  • HOA Organizers Association

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1981 | Remodeled

Lot Details

0.83 Acres

HOA Fees

$475 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Complex Name: Terrace Balboa
  • Entry Floor: 1
  • Living Area: 974
  • Planned Urban Dev: 1
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1981
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Laundry - Closet Stacked, Mirrored Closet Door(s), Turnkey
  • Fireplace Rooms: Family Room
  • Flooring: Laminate
  • Appliances: Cooktop - Gas, Microwave, Oven
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Hood Fan, Microwave, Range/Oven, Stackable W/D Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 379.88

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Patio Open, Porch - Front
  • Pool Description: Association Pool
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Covered Parking, Garage, Garage - 2 Car, Parking for Guests, Tandem

Utilities

  • Cooling: Air Conditioning
  • Heating: Central, Fireplace
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Amenities: Pool, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Cable TV
  • HOA Fees: 475.00
  • Management Company: HOA Organizers
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2227-001-032
  • Geocode Override: No
  • Lot Size Area: 36034

Multi Family

  • Number Of Units: 20

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

Closed on
Oct 19, 2021
Sold by
Bought by
Current Estimated Value
$477,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Outstanding Balance
$306,539
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$170,993

Purchase Details

Listed on
Aug 7, 2019
Closed on
Sep 24, 2019
Sold by
Bought by
Seller's Agent
Brooke Bryant
Estate Properties
Buyer's Agent
Craig Bradley
List Price
$369,999
Sold Price
$370,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$358,900
Interest Rate
3.4%

Purchase Details

Listed on
Aug 7, 2019
Closed on
Sep 16, 2019
Sold by
Bought by
Seller's Agent
Brooke Bryant
Estate Properties
Buyer's Agent
Craig Bradley
List Price
$369,999
Sold Price
$370,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,900
Interest Rate
3.4%

Purchase Details

Closed on
Mar 20, 2001
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
$108,000
Interest Rate
7.19%

Purchase Details

Closed on
Aug 9, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Orange Coast Title
-- Progressive Title Company
$370,000 Progressive Title Company
-- United 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 $62,800
Open $376,000
Previous Owner $375,500
Previous Owner $358,900
Previous Owner $71,715
Previous Owner $108,000
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
10/18/2019 10/18/19 Sold $370,000 0.0% $380 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $369,999 -- $380 / Sq Ft
Source: The MLS

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 $4,990 $404,645 $252,412 $152,233
2024 $4,928 $396,712 $247,463 $149,249
2023 $4,834 $388,934 $242,611 $146,323
2022 $4,608 $381,308 $237,854 $143,454
2021 $4,550 $373,833 $233,191 $140,642
2019 $2,261 $186,471 $75,516 $110,955
2018 $2,231 $182,816 $74,036 $108,780
2016 $2,121 $175,719 $71,162 $104,557
2015 $2,090 $173,081 $70,094 $102,987
2014 $2,102 $169,691 $68,721 $100,970
Source: Public Records

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Map

Source: The MLS

MLS Number: 19-497974

The MLS

APN: 2227-001-032

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