A
Seller's Agent in 2023
Artin Hovsepian
The Agency - Studio City
(818) 650-2530
1 in this area
73 Total Sales
7345 Forbes Ave Lake Balboa, CA 91406
Lake Balboa NeighborhoodEstimated Value: $1,192,000 - $1,492,000
3
Beds
2
Baths
2,500
Sq Ft
$551/Sq Ft
Est. Value
Highlights
- Private Pool
- Main Floor Bedroom
- No HOA
- 0.57 Acre Lot
- Private Yard
- 2 Car Attached Garage
About This Home
As of June 2023This home is located at 7345 Forbes Ave, Lake Balboa, CA 91406 since 12 June 2023 and is currently estimated at $1,376,580, approximately $550 per square foot. This property was built in 1952. 7345 Forbes 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.
Last Agent to Sell the Property
The Agency - Studio City License #01878602 Listed on: 06/12/2023
Co-Listed By
Levon Arzumanyan
The Agency - Studio City License #01836944
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,079
Year Built
- Built in 1952
Lot Details
- 0.57 Acre Lot
- Private Yard
- Property is zoned LAR1
Parking
- 2 Car Attached Garage
Interior Spaces
- 2,500 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Additional Features
- Private Pool
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Valley
Listing and Financial Details
- Tax Lot 21
- Tax Tract Number 9155
- Assessor Parcel Number 2226030005
- $477 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 18, 2023
Sold by
Keshishyan Garen
Bought by
Forbes & Gentry Llc
Current Estimated Value
Purchase Details
Listed on
Jun 12, 2023
Closed on
Jun 6, 2023
Sold by
Issaian Teni
Bought by
Keshishyan Garen
Seller's Agent
Artin Hovsepian
The Agency - Studio City
Buyer's Agent
Gary Keshishyan
Pinnacle Estate Properties
List Price
$1,250,000
Sold Price
$1,250,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$875,000
Interest Rate
6.43%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 11, 2023
Sold by
Edlebi Mohamed
Bought by
Keshishyan Garen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
6.43%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 14, 2013
Sold by
Edlebi Mohamed and Huth David Alan
Bought by
Edlebi Mohamed
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 1, 2005
Sold by
Sparks William W
Bought by
Edlebi Mohamed
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,900
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Forbes & Gentry Llc | -- | Accommodation/Courtesy Recordi | |
| Keshishyan Garen | -- | Chicago Title Company | |
| Keshishyan Garen | $1,250,000 | Chicago Title Company | |
| Edlebi Mohamed | -- | First American Title Company | |
| Edlebi Mohamed | $720,000 | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Keshishyan Garen | $875,000 | |
| Previous Owner | Edlebi Mohamed | $480,000 | |
| Previous Owner | Edlebi Mohamed | $575,900 | |
| Previous Owner | Sparks William W | $125,000 | |
| Previous Owner | Sparks William W | $118,352 | |
| Previous Owner | Sparks William W | $116,000 | |
| Previous Owner | Sparks William W | $50,000 | |
| Previous Owner | Sparks William W | $50,000 | |
| Previous Owner | Sparks William W | $125,000 | |
| Previous Owner | Sparks William W | $45,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2023 06/12/23 | Sold | $1,250,000 | 0.0% | $500 / Sq Ft |
| 06/12/2023 06/12/23 | For Sale | $1,250,000 | -- | $500 / Sq Ft |
| 04/07/2023 04/07/23 | Pending | -- | -- | -- |
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 | $16,079 | $1,326,000 | $795,600 | $530,400 |
| 2024 | $16,079 | $1,300,000 | $780,000 | $520,000 |
| 2023 | $10,984 | $875,517 | $572,874 | $302,643 |
| 2022 | $10,481 | $858,351 | $561,642 | $296,709 |
| 2021 | $10,347 | $841,522 | $550,630 | $290,892 |
| 2019 | $10,042 | $816,564 | $534,299 | $282,265 |
| 2018 | $9,889 | $800,554 | $523,823 | $276,731 |
| 2016 | $8,020 | $650,000 | $389,800 | $260,200 |
| 2015 | $7,246 | $585,000 | $350,800 | $234,200 |
| 2014 | $7,422 | $585,000 | $350,800 | $234,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Seller Co-Listing Agent in 2023
Levon Arzumanyan
The Agency - Studio City
-
Buyer's Agent in 2023
Gary Keshishyan
Pinnacle Estate Properties
(818) 606-6069
6 in this area
553 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD23104277
APN: 2226-030-005
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.
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
- 7307 Forbes Ave
- 7320 Balboa Blvd Unit 102
- 7301 Balboa Blvd Unit 8
- 7465 Whitaker Ave
- 16654 Kelsloan St
- 16805 Sherman Way
- 7512 Balboa Blvd
- 16731 Sherman Way
- 7514 Paso Robles Ave
- 16913 Covello St
- 7129 Forbes Ave
- 7058 Petit Ave
- 17064 Cantlay St
- 7650 Balboa Blvd Unit 125
- 7038 Mclennan Ave
- 17037 Covello St
- 17048 Sherman Way
- 7057 Rubio Ave Unit 103
- 7662 Paso Robles Ave
- 16820 Hart St
- 7331 Forbes Ave
- 7351 Forbes Ave
- 16816 Valerio St
- 7359 Forbes Ave
- 7327 Forbes Ave
- 16822 Valerio St
- 7344 Forbes Ave
- 7350 Forbes Ave
- 7336 Forbes Ave
- 7319 Forbes Ave
- 7356 Forbes Ave
- 16811 Valerio St
- 7328 Forbes Ave
- 16801 Valerio St
- 16817 Valerio St
- 16830 Valerio St
- 16750 Valerio St
- 7400 Forbes Ave
- 7341 Whitaker Ave
- 7339 Whitaker Ave