Seller's Agent in 2022
Luis Amaya
eXp Realty of California Inc
(310) 415-1784
1 in this area
10 Total Sales
7312 Ruffner Ave van Nuys, CA 91406
Estimated Value: $816,000 - $934,000
4
Beds
2
Baths
1,172
Sq Ft
$752/Sq Ft
Est. Value
Highlights
- City Lights View
- Laundry Room
- 1-Story Property
- No HOA
- Central Air
About This Home
As of March 2022Incredible opportunity can await a savvy real estate owner or a buyer willing to roll up their sleeves and bring life to this Lake Balboa gem. This home sits nestled on a quiet neighborhood with plenty of space to get creative with your vision and making this your own LA oasis. Spacious floor plan also makes this property an awesome opportunity to open up your creativity. Currently there are 4 spacious bedrooms along with 2 baths, open living room, laundry room. The current owner in 2003 added an additional 400 square feet to the structure with permits for a total of 1572 square feet approximately!!! Spacious driveway for two cars and open backyard also brings so much potential for the space. Currently the garage is in need of full restoration, but with ADU's exploding this could also be an investment opportunity to make into a multi family property or keep as is. Centrally located to freeways to be in and out to wherever you need to be in the city and this property can truly be something magical to welcome a new family.
Last Agent to Sell the Property
eXp Realty of California Inc License #01721969 Listed on: 01/01/2022
Home Details
Home Type
- Single Family
Year Built
- Built in 1951
Lot Details
- 6,236 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned LAR1
Parking
- 2 Open Parking Spaces
- 2 Car Garage
Property Views
- City Lights
- Neighborhood
Interior Spaces
- 1,172 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Additional Features
- Exterior Lighting
- Suburban Location
- Central Air
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 40
- Tax Tract Number 16678
- Assessor Parcel Number 2226008010
- $218 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 1, 2022
Closed on
Jan 19, 2022
Sold by
Fred Burroughs
Bought by
Ayers Evan and Ayers Virginia
Seller's Agent
Luis Amaya
eXp Realty of California Inc
Buyer's Agent
Jennifer Landon
Landon Realty Group
List Price
$700,000
Sold Price
$785,000
Premium/Discount to List
$85,000
12.14%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,371
Avg. Annual Appreciation
3.08%
Original Mortgage
$706,500
Outstanding Balance
$655,914
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$225,457
Purchase Details
Closed on
Oct 17, 1997
Sold by
Johnson Lona R Tr Lona R Johnson Trust
Bought by
Burrouchs Fred
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,870
Interest Rate
7.22%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 16, 1993
Sold by
Johnson Lona R
Bought by
Johnson Lona Ruth
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ayers Evan | $785,000 | Orange Coast Title | |
| Burrouchs Fred | $115,500 | -- | |
| Johnson Lona Ruth | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ayers Evan | $706,500 | |
| Previous Owner | Burrouchs Fred | $118,870 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2022 03/03/22 | Sold | $785,000 | 0.0% | $670 / Sq Ft |
| 01/11/2022 01/11/22 | Off Market | $785,000 | -- | -- |
| 01/10/2022 01/10/22 | Pending | -- | -- | -- |
| 01/01/2022 01/01/22 | For Sale | $700,000 | -- | $597 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,033 | $833,046 | $666,438 | $166,608 |
| 2024 | $10,033 | $816,713 | $653,371 | $163,342 |
| 2023 | $9,839 | $800,700 | $640,560 | $160,140 |
| 2022 | $2,721 | $213,796 | $93,128 | $120,668 |
| 2021 | $2,684 | $209,604 | $91,302 | $118,302 |
| 2019 | $2,606 | $203,389 | $88,595 | $114,794 |
| 2018 | $2,537 | $199,402 | $86,858 | $112,544 |
| 2016 | $2,415 | $191,661 | $83,486 | $108,175 |
| 2015 | $2,382 | $188,783 | $82,232 | $106,551 |
| 2014 | $2,398 | $185,086 | $80,622 | $104,464 |
Source: Public Records
Agents Affiliated with this Home
-
Luis Amaya
-
Jennifer Landon
Buyer's Agent in 2022
Jennifer Landon
Landon Realty Group
(310) 984-6577
3 in this area
89 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21254033
APN: 2226-008-010
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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
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