NOT LISTED FOR SALE

7332 Balboa Blvd Unit 4 van Nuys, CA 91406

Estimated Value: $492,000 - $517,000

2 Beds
1.5 Baths
1,050 Sq Ft
$481/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $391,000 $372 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,401/month

9 Days on Market

Highlights

  • Gated Community
  • 13,975 Sq Ft lot
  • Granite Countertops
  • Updated Kitchen
  • Open Floorplan
  • Balcony

About This Home

As of May 2018

This is it! 1990 Built, updated tri-level townhouse in a gated community of 8 units in prime Lake Balboa. Desirable 2-bed, 1.5-bath corner unit with only one shared wall and excellent location away from the street. The open floor plan has a great flow and makes the best use of this light and bright space with many windows, making it ideal for entertaining or just everyday use. Spacious living room. Remodeled kitchen with granite countertops, modern handles, stylish backsplash, country undermount sink, large window and stainless-steel appliances. Large dining area features an oversized window on one side and glass sliders on the other to access the fairly sized balcony perfect for outdoor sitting or BBQ. The half bath on this level features travertine floors, updated fixtures and a large window. Top floor offers two generously sized bedrooms with ample closet space and a full bathroom that’s also updated with granite countered vanity and modern fixtures. Private 2 car garage with direct access. Central air and heat. In-unit laundry. Low HOA. In close proximity to freeways, major shopping and parks, this is truly a remarkable townhouse and a great community to call home!

Last Agent to Sell the Property

Arthur Aslanian

Berkshire Hathaway HomeServices California Properties License #01291836 Listed on: 03/21/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Kevin Mcdonald

Pinnacle Estate Properties, Inc. License #01810388

Pinnacle Estate Properties, Inc.

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1990

Lot Details

  • 0.32 Acre Lot
  • 1 Common Wall
  • Paved or Partially Paved Lot

HOA Fees

  • $305 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Side by Side Parking
  • Garage Door Opener
  • Automatic Gate
  • Guest Parking

Home Design

  • Turnkey
  • Stucco

Interior Spaces

  • 1,050 Sq Ft Home
  • Open Floorplan
  • Double Pane Windows
  • Dining Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Upgraded Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

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

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 43484
  • Assessor Parcel Number 2226030091

Community Details

Overview

  • Master Insurance
  • 8 Units
  • 7332 Balboa Bl Homeowner's Association, Phone Number (818) 000-0000
  • Maintained Community

Amenities

  • Laundry Facilities

Security

  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 1990

Lot Details

0

HOA Fees

$305 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Gas Range and Hood, Dishwasher
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: No
  • Zoning: LARD1.5
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2226030091
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1050.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, Open Floorplan
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Stone
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Dining Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 372.38
  • Room Type: All Bedrooms Up
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Closet In Bathroom, Granite Counters, Upgraded
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Door Opener, Guest, Private, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Common Area, Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Earthquake Insurance, Insurance, Maintenance Grounds, Trash, Sewer, Water, Dues Paid Monthly, Controlled Access
  • Association Fee: 305.00
  • Association Fee Frequency: Monthly
  • Association Name: 7332 Balboa Bl Homeowner's Association
  • Phone: (818) 000-0000
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Paved
  • Lot Size Sq Ft: 13975.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 8
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1321.02
  • Tax Lot: 1
  • Tax Tract Number: 43484

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
Apr 4, 2018
Sold by
Verdugo Maria H
Bought by
Zhang Michael Xing
Seller's Agent
Arthur Aslanian
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Kevin Mcdonald
Pinnacle Estate Properties, Inc.
List Price
$349,000
Sold Price
$391,000
Premium/Discount to List
$42,000
12.03%
Current Estimated Value
$504,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,607
Avg. Annual Appreciation
3.41%
Original Mortgage
$286,000
Outstanding Balance
$246,012
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$258,595

Purchase Details

Closed on
Dec 22, 2011
Sold by
Federal National Mortgage Association
Bought by
Verdugo Maria H and Graves Shannon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,683
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2011
Sold by
Escobar Salvador H and Escobar Olivia
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 8, 2006
Sold by
Sequeira Salvador E and Sequeira Monica
Bought by
Escobar Salvador H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 25, 2003
Sold by
Byers Debra Lynn
Bought by
Sequeira Salvador E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,900
Interest Rate
6.5%

Purchase Details

Closed on
Aug 23, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Byers Debra Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,650
Interest Rate
8.23%

Purchase Details

Closed on
Jun 24, 1996
Sold by
Amodeo Orie R and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,650
Interest Rate
8.23%

Purchase Details

Closed on
Feb 5, 1996
Sold by
Amodeo Orie R
Bought by
Fleet Mtg Group Inc and Plaza S&L Assn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Zhang Michael Xing $391,000 California Title Company
Verdugo Maria H $174,000 Servicelink
Federal National Mortgage Association $258,570 Landsafe Title
Escobar Salvador H $360,000 Equity Title Company
Sequeira Salvador E $180,000 Southland Title
Byers Debra Lynn $67,000 Chicago Title
Federal Home Loan Mortgage Corporation $68,000 --
Fleet Mtg Group Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Michael Xing $286,000
Previous Owner Verdugo Maria H $168,683
Previous Owner Escobar Salvador H $72,000
Previous Owner Sequeira Salvador E $143,900
Previous Owner Byers Debra Lynn $63,650
Closed Sequeira Salvador E $35,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2018 05/04/18 Sold $391,000 +12.0% $372 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $349,000 -- $332 / 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 $5,330 $444,884 $300,952 $143,932
2024 $5,330 $436,161 $295,051 $141,110
2023 $5,226 $427,610 $289,266 $138,344
2022 $4,980 $419,227 $283,595 $135,632
2021 $4,916 $411,008 $278,035 $132,973
2019 $4,766 $398,820 $269,790 $129,030
2018 $2,433 $192,075 $48,018 $144,057
2017 $2,378 $188,310 $47,077 $141,233
2016 $2,316 $184,618 $46,154 $138,464
2015 $2,284 $181,846 $45,461 $136,385
2014 $2,298 $178,285 $44,571 $133,714
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18065499

California Regional Multiple Listing Service (CRMLS)

APN: 2226-030-091