NOT LISTED FOR SALE

7311 Aldea Ave van Nuys, CA 91406

Estimated Value: $945,000 - $1,147,000

3 Beds
2.5 Baths
1,642 Sq Ft
$612/Sq Ft Est. Value

Last Sold January 12, 2021

Last sale price $755,000 $460 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,090/month

5 Days on Market

Highlights

  • Art Studio
  • Main Floor Bedroom
  • Granite Countertops
  • Primary Bedroom Suite
  • Great Room
  • Private Yard

About This Home

As of January 2021

Welcome home to Lake Balboa! Nestled on quiet cul-de-sac like street, this charming and renovated 3 bedroom, 2.5 bath California ranch style home is an urban oasis with many bonus features throughout - a BRAND NEW HVAC SYSTEM with warranty, hardwood and vinyl flooring, recessed lighting, a fully converted garage functioned as a man cave/game room, and a detached, air-conditioned "she-shed"/artist studio. The front and back yards are landscaped with succulents, Palo Verde trees, an orange tree and California native plants on a drip system.
This home is conveniently located near Lake Balboa Park, 101 and 405 freeways, Orange Line public transit, golf courses, dog park, walking distance to Ralphs markets, Starbucks, restaurants and shops. SHOWING BEGINS SATURDAY, DECEMBER 5th, 2020. AGENTS - PLEASE SEE PRIVATE REMARKS.

Last Agent to Sell the Property

Bihong Wu

Equity California Real Estate License #01974663 Listed on: 12/04/2020

Last Buyer's Agent

George Ouzounian

The Agency License #01948763

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,988

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 5,994 Sq Ft Lot
  • Fenced
  • Fence is in average condition
  • Private Yard
  • Front Yard

Parking

  • 2 Car Attached Garage
  • Converted Garage
  • Parking Available
  • Driveway

Home Design

  • Raised Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,642 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Shutters
  • Great Room
  • Living Room with Fireplace
  • Family or Dining Combination
  • Game Room
  • Art Studio
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Range
  • Range Hood
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • Urban Location

Schools

  • Mulholland Middle School
  • Birmingham High School

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Natural Gas Connected
  • Central Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 18694
  • Assessor Parcel Number 2227017008

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,988

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: refrigerator
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • View: No
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2227017008
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1642.00 Square Feet
  • Interior Amenities: Granite Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, In Family Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 459.81
  • Room Type: All Bedrooms Down, Art Studio, Family Room, Game Room, Great Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Window Features: Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Converted Garage, Driveway, Paved, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Range Hood, Refrigerator, Self Cleaning Oven, Water Heater Central
  • Electric: Standard
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • High School: Birmingham
  • Middle Or Junior School: Mulholland
  • High School2: BIRMIN

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 5994.00
  • Lot Size Acres: 0.1376

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5994.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 18694

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2020
Sold by
Jason William Ian
Bought by
Kordan Stephanie Diane
Current Estimated Value
$1,004,528

Purchase Details

Closed on
Nov 10, 2014
Sold by
Jason Mark and Jason Family Trust
Bought by
Jason Family Survivors Trust

Purchase Details

Listed on
Sep 26, 2013
Closed on
Mar 31, 2014
Sold by
Palomares Enrique and Palomares Sara
Bought by
Jason Mark and The Jason Family Trust
Seller's Agent
Ryan Pringle
Keller Williams Realty World Class
List Price
$489,000
Sold Price
$434,000
Premium/Discount to List
-$55,000
-11.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%

Purchase Details

Closed on
Jul 9, 2012
Sold by
Palomares Enrique and Palomares Sara
Bought by
Palomares Enrique and Palomares Sara

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
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2012
Sold by
Palomares Enrique and Palomares Sara
Bought by
Palomares Enrique and Palomares Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2004
Sold by
Palomares Enrique and Palomares Sara
Bought by
Palomares Enrique and Palomares Sara
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kordan Stephanie Diane -- None Available
Jason William Ian -- None Available
Jason Family Survivors Trust -- None Available
Jason Mark $434,004 Lawyers Title
Palomares Enrique -- Accommodation
Palomares Enrique -- Lsi
Palomares Enrique -- Accommodation
Palomares Enrique -- Lsi
Palomares Enrique -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palomares Enrique $80,000
Previous Owner Palomares Enrique $79,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2021 01/12/21 Sold $755,000 +2.2% $460 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $739,000 +70.3% $450 / Sq Ft
04/18/2014 04/18/14 Sold $434,000 -11.2% $331 / Sq Ft View Prior Sale
03/27/2014 03/27/14 Pending -- -- --
09/26/2013 09/26/13 For Sale $489,000 -- $373 / 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 $9,988 $817,234 $653,788 $163,446
2024 $9,881 $801,211 $640,969 $160,242
2023 $9,690 $785,501 $628,401 $157,100
2022 $9,239 $770,100 $616,080 $154,020
2021 $6,029 $491,502 $353,452 $138,050
2020 $6,088 $486,463 $349,828 $136,635
2019 $5,851 $476,925 $342,969 $133,956
2018 $5,752 $467,575 $336,245 $131,330
2016 $5,492 $449,420 $323,189 $126,231
2015 $5,413 $442,670 $318,335 $124,335
2014 $2,284 $175,349 $79,520 $95,829
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bihong Wu

    Equity California Real Estate

    (818) 488-8900

    2 in this area

    8 Total Sales

    Bihong Wu
    Section Image
  • George Ouzounian

    Buyer's Agent in 2021

    George Ouzounian

    The Agency

    (818) 000-0000

    14 in this area

    341 Total Sales

    George Ouzounian
    Section Image
  • Ryan Pringle

    Seller's Agent in 2014

    Ryan Pringle

    Keller Williams Realty World Class

    (818) 802-3966

    6 in this area

    55 Total Sales

    Ryan Pringle
    Section Image

  • A

    Seller Co-Listing Agent in 2014

    Ana K. Lopez

    No Firm Affiliation

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS20251272

California Regional Multiple Listing Service (CRMLS)

APN: 2227-017-008

California Los Angeles County Van Nuys 91406

7311 Aldea Ave, Van Nuys, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes