$485,000
SOLD APR 23, 2025

7305 Balboa Blvd Unit 4 van Nuys, CA 91406

Lake Balboa Neighborhood
2 Beds
2 Baths
1,074 Sq Ft
$575/mo HOA Fee

Recently Sold

$452 Per Sq Ft

3% Below List Price

144 Days on Market

Highlights

  • In Ground Pool
  • 0.83 Acre Lot
  • Cathedral Ceiling
  • Primary Bedroom Suite
  • Open Floorplan
  • Wood Flooring

About This Home

As of April 2025

PRICE IMPROVEMENT!!!Tranquil oasis in this beautifully remodeled interior unit townhouse, offering a serene retreat from traffic noise and stunning views of the courtyard. This spacious 2-bedroom, 2-bathroom residence boasts a private garage for convenient parking and ample storage.Key features include vaulted ceilings that enhance the sense of space, abundant natural light, and a private balcony perfect for relaxation. The fully remodeled bathrooms showcase modern finishes, while elegant wood floors add warmth throughout. Enjoy the comfort with modern amenities. Delight in the warmth of your own private fireplace, perfect for cozy evenings at home. This residence also features an in-unit full washer and dryer for your convenience, along with ceiling fans to keep you cool and comfortable year-round.The community amenities include a refreshing pool, relaxing jacuzzi, private 2-car garages, and plenty of guest parking for your convenience.

Last Agent to Sell the Property

Shavonda Hill

Compass Brokerage Phone: 818-912-1268 License #01384396 Listed on: 10/19/2024

Compass

Last Buyer's Agent

Chris Pereira

Real Brokerage Technologies Inc License #02126894

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,840

Year Built

  • Built in 1981

Lot Details

  • End Unit
  • 1 Common Wall
  • South Facing Home

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Private Parking
  • Side Facing Garage
  • Tandem Garage
  • Single Garage Door
  • Garage Door Opener
  • Off-Street Parking

Interior Spaces

  • 1,074 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Courtyard Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 38047
  • Assessor Parcel Number 2227001041
  • $169 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Front Yard Maintenance
  • 20 Units
  • Terrace Balboa Condominium Association Inc Association, Phone Number (818) 778-3331
  • HOA Organizers Inc HOA

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Picnic Area
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,840

Year Built

Built in 1981

Lot Details

0

HOA Fees

$575 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Other Phone Description: Direct
  • Other Phone Number: 818.912.1268
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2227001041
  • Year Built: 1981
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1074.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Living Room Balcony, Open Floorplan
  • Stories: 2
  • Entry Location: 2
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 451.58
  • Room Type: Main Floor Bedroom, Main Floor Primary Bedroom, Primary Suite
  • Spa Features: Association, Community, In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Remodeled

Exterior Features

  • Direction Faces: South
  • View: Courtyard
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Side, Garage - Single Door, Garage Door Opener, Off Street, Private, Tandem Garage
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Gas Water Heater, Water Heater
  • Heating Type: Central
  • Laundry Features: In Closet, Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 530
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Maintenance Front Yard
  • Association Fee: 575.00
  • Association Fee Frequency: Monthly
  • Association Name: Terrace Balboa Condominium Association Inc
  • Phone: 8187783331
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: HOA Organizers Inc

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 36046.00
  • Lot Size Acres: 0.8275

Multi Family

  • Lease Considered: No
  • Lot Size Area: 36046.0000 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
  • TaxOtherAnnualAssessmentAmount: 169.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2024
Closed on
Apr 7, 2025
Sold by
Long Lucki Natasha
Bought by
Alphonso Tehillah Doreen
Seller's Agent
Shavonda Hill
Compass
Buyer's Agent
Chris Pereira
Real Brokerage Technologies Inc
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Views
301
Current Estimated Value
$495,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,127
Avg. Annual Appreciation
6.67%
Original Mortgage
$436,500
Outstanding Balance
$435,344
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$59,783

Purchase Details

Listed on
Mar 25, 2019
Closed on
Mar 27, 2019
Sold by
The Scaffer Family Trust
Bought by
Long Lucki Natasha
Seller's Agent
George Schaffer
No Firm Affiliation
Buyer's Agent
Shavonda Hill
RE/MAX One
List Price
$365,000
Sold Price
$356,000
Premium/Discount to List
-$9,000
-2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$27,500
Interest Rate
4.1%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 13, 2008
Sold by
Schaffer George J and Schaffer Julie
Bought by
Schaffer George
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $485,000 Lawyers Title
Grant Deed $356,000 California Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $436,500 New Conventional
Previous Owner $63,500 Credit Line Revolving
Previous Owner $315,000 New Conventional
Previous Owner $27,500 Stand Alone Second
Previous Owner $320,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Sold $485,000 +1.0% $452 / Sq Ft
03/07/2025 03/07/25 Price Changed $480,000 -2.0% $447 / Sq Ft
01/03/2025 01/03/25 Price Changed $490,000 -1.8% $456 / Sq Ft
10/19/2024 10/19/24 For Sale $499,000 +40.2% $465 / Sq Ft
05/17/2019 05/17/19 Sold $356,000 -2.5% $366 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $365,000 -- $375 / 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 $4,840 $397,120 $241,618 $155,502
2024 $4,840 $389,334 $236,881 $152,453
2023 $4,747 $381,701 $232,237 $149,464
2022 $4,525 $374,218 $227,684 $146,534
2021 $4,468 $366,881 $223,220 $143,661
2019 $1,645 $218,498 $72,224 $146,274
2018 $2,691 $214,214 $70,808 $143,406
2016 $2,564 $205,898 $68,059 $137,839
2015 $2,528 $202,806 $67,037 $135,769
2014 $2,543 $198,834 $65,724 $133,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24217149

California Regional Multiple Listing Service (CRMLS)

APN: 2227-001-041