NOT LISTED FOR SALE

7319 Oak Park Ave van Nuys, CA 91406

Lake Balboa Neighborhood

Estimated Value: $779,000 - $995,000

4 Beds
2 Baths
1,554 Sq Ft
$569/Sq Ft Est. Value

Last Sold May 19, 2020

Last sale price $560,000 $360 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,437/month

33 Days on Market

Highlights

  • Bonus Room
  • Neighborhood Views
  • Laundry Room
  • No HOA
  • 1 Car Attached Garage
  • Central Air

About This Home

As of May 2020

Great Opportunity to buy the most affordable house in the neighborhood. The property needs a small touch up to remodel, add on, rent out or flip! You can add a Guest House (ADU) and rent out to pay your mortgage. Additions and upgrades to this house could double the value of this property! Sunny backyard with producing fruit trees, adds to the beauty of this house. There is a separate detached structure in the yard for future improvement and income. The property is located in a very desirable quiet street. Location, Location, Location is the key. Motivated seller, do not hesitate to submit all your offers. Priced to sell, AS IS.

Last Agent to Sell the Property

Mimi Hagani

First Banker Real Estate License #01438998 Listed on: 04/01/2020

Co-Listed By

Nassrollah Aliabadi

Century 21 Peak License #01156466

Last Buyer's Agent

Stacey Franklin

Pinnacle Estate Properties License #01412742

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,459

Year Built

  • Built in 1950

Lot Details

  • 6,009 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,554 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room
  • Bonus Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 75
  • Tax Tract Number 15577
  • Assessor Parcel Number 2227010015

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,459

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2227010015
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1554.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 360.36
  • Room Type: Bonus Room, Family Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6009.00
  • Lot Size Acres: 0.1379

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6009.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1319.00
  • Tax Lot: 75
  • Tax Tract Number: 15577

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2022
Sold by
Kathy Remo
Bought by
Remo Kee Revocable Living Trust
Current Estimated Value
$883,711

Purchase Details

Listed on
Apr 1, 2020
Closed on
May 8, 2020
Sold by
Mohebbi Nowzar and Mohebbi Ana M
Bought by
Kee David and Remo Kathy
Seller's Agent
Mimi Hagani
First Banker Real Estate
Buyer's Agent
Stacey Franklin
Pinnacle Estate Properties
List Price
$610,000
Sold Price
$560,000
Premium/Discount to List
-$50,000
-8.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%

Purchase Details

Closed on
Apr 1, 2010
Sold by
Mohebbi Nowzar A
Bought by
Mohebbi Nowzar A and Mohebbi Ana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2008
Sold by
Mohebbi Nowzar A
Bought by
Mohebbi Nowzar A and Mohebbi Ana M

Purchase Details

Closed on
Aug 26, 1999
Sold by
Jalanugraha Wantana
Bought by
Mohebbi Nowzar and Mohebbi Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,655
Interest Rate
9.5%
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
Remo Kee Revocable Living Trust -- --
Kee David $560,000 Stewart Title Of Ca Inc
Mohebbi Nowzar A -- Lawyers Title Company
Mohebbi Nowzar A -- Lawyers Title Company
Mohebbi Nowzar A -- None Available
Mohebbi Nowzar $173,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mohebbi Nowzar A $125,000
Previous Owner Mohebbi Nowzar A $250,000
Previous Owner Mohebbi Nowzar A $124,000
Previous Owner Mohebbi Nowzar A $133,000
Previous Owner Mohebbi Nowzar $126,655
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2020 05/19/20 Sold $560,000 -5.1% $360 / Sq Ft
04/16/2020 04/16/20 Price Changed $590,000 -3.3% $380 / Sq Ft
04/01/2020 04/01/20 For Sale $610,000 -- $393 / 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 $7,459 $612,436 $489,950 $122,486
2024 $7,459 $600,429 $480,344 $120,085
2023 $7,316 $588,657 $470,926 $117,731
2022 $6,976 $577,116 $461,693 $115,423
2021 $6,888 $565,801 $452,641 $113,160
2020 $3,161 $243,814 $159,641 $84,173
2019 $3,042 $239,034 $156,511 $82,523
2018 $2,976 $234,348 $153,443 $80,905
2016 $2,831 $225,250 $147,486 $77,764
2015 $2,791 $221,867 $145,271 $76,596
2014 $2,809 $217,522 $142,426 $75,096
Source: Public Records

Agents Affiliated with this Home

  • Mimi Hagani

    Seller's Agent in 2020

    Mimi Hagani

    First Banker Real Estate

    (818) 634-6419

    5 Total Sales

    Section Image

  • N

    Seller Co-Listing Agent in 2020

    Nassrollah Aliabadi

    Century 21 Peak

    Section Image
  • Stacey Franklin

    Buyer's Agent in 2020

    Stacey Franklin

    Pinnacle Estate Properties

    (818) 515-6959

    2 in this area

    41 Total Sales

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20061766

California Regional Multiple Listing Service (CRMLS)

APN: 2227-010-015

California Los Angeles County Van Nuys 91406 Lake Balboa

7319 Oak Park Ave, Van Nuys, CA

This home is located at 7319 Oak Park Ave, van Nuys, CA 91406 since 01 April 2020 and is currently estimated at $883,711, approximately $568 per square foot. This property was built in 1950. 7319 Oak Park Ave is a home located in Los Angeles County with nearby schools including Gault Street Elementary School, William Mulholland Middle, and Birmingham Community Charter High.

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