NOT LISTED FOR SALE

7316 Ostrom Ave van Nuys, CA 91406

Van Nuys Area

Estimated Value: $842,000 - $915,000

3 Beds
2 Baths
1,468 Sq Ft
$602/Sq Ft Est. Value

Sale Details

Date Sold: September 19, 2022

Last sale price $751,000 $512 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,600 / mo

34 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • 1-Story Property
  • No HOA
  • Central Air

About This Home

As of September 2022

MOTIVATED SELLERS have priced this house to sell!!! Located in a beautiful pocket of Lake Balboa with gorgeous curb appeal, this 3 bedroom 2 bath home is lush and inviting! Enter through an oversized private gated entry patio which is great for outdoor entertaining all year round. The interior is light, bright, open, and surrounded by gleaming windows. Features include a large living room with high ceilings and a fireplace, formal dining area, large primary bedroom with attached bath, hardwood flooring under the carpet, valuable custom closet space in the bathrooms and hallway, and gated parking. The gorgeous grassy backyard is perfect for entertaining, is colorful with beautiful bougainvillea, and includes fruit trees such as apple, strawberry guava, and the best oranges in the neighborhood! The tankless water heater has a bonus circulating feature for fast hot water which contributes to a lower gas bill, and the property also includes a reverse osmosis water purification drinking system. Neighbors are very friendly and create a beautiful community environment. Close to beautiful Lake Balboa Park where the neighbors walk, bring their dogs, run, and paddle boat. With a little TLC and your personal taste this could be your dream home!

Last Agent to Sell the Property

Stacey Franklin

Pinnacle Estate Properties License #01412742 Listed on: 07/13/2022

Last Buyer's Agent

Robin McCary

eXp Realty of Greater Los Angeles, Inc. License #01451230

eXp Realty of Greater Los Angeles, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 5,999 Sq Ft Lot
  • Lawn
  • Property is zoned LAR1

Interior Spaces

  • 1,468 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 15577
  • Assessor Parcel Number 2227013008
  • $206 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

5,999 Sq Ft Lot

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2227013008
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1468.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 511.58
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 5999.00
  • Lot Size Acres: 0.1377

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5999.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1319.00
  • Tax Lot: 8
  • Tax Tract Number: 15577
  • TaxOtherAnnualAssessmentAmount: 206.00

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
Jul 13, 2022
Closed on
Aug 22, 2022
Sold by
Bought by
Seller's Agent
Stacey Franklin
Pinnacle Estate Properties
Buyer's Agent
Robin McCary
eXp Realty of Greater Los Angeles, Inc.
List Price
$799,999
Sold Price
$751,000
Premium/Discount to List
-$48,999
-6.12%
Views
8
Current Estimated Value
$883,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,520
Avg. Annual Appreciation
4.31%
Original Mortgage
$600,800
Interest Rate
0.0499%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 5, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$751,000 Chicago Title
$142,000 First American Title Co
$140,000 --
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 $600,800
Previous Owner $161,306
Previous Owner $180,000
Previous Owner $180,000
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
09/19/2022 09/19/22 Sold $751,000 -1.2% $512 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/03/2022 08/03/22 Price Changed $759,999 -4.9% $518 / Sq Ft
07/22/2022 07/22/22 Price Changed $799,000 -0.1% $544 / Sq Ft
07/13/2022 07/13/22 For Sale $799,999 -- $545 / 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 $9,434 $781,340 $625,072 $156,268
2024 $9,329 $766,020 $612,816 $153,204
2023 $9,146 $751,000 $600,800 $150,200
2022 $2,661 $209,753 $136,048 $73,705
2021 $2,622 $205,641 $133,381 $72,260
2019 $2,546 $199,544 $129,426 $70,118
2018 $2,508 $195,633 $126,889 $68,744
2017 $0 $191,798 $124,401 $67,397
2016 $2,384 $188,038 $121,962 $66,076
2015 $2,351 $185,215 $120,131 $65,084
2014 $2,367 $181,588 $117,778 $63,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22134595

California Regional Multiple Listing Service (CRMLS)

APN: 2227-013-008

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