NOT LISTED FOR SALE

7358 Ostrom Ave van Nuys, CA 91406

Van Nuys Area

Estimated Value: $1,009,000 - $1,134,000

4 Beds
4 Baths
1,950 Sq Ft
$549/Sq Ft Est. Value

Sale Details

Date Sold: March 22, 2016

Last sale price $680,000 $349 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,647 / mo

31 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Solar Power System
  • Open Floorplan
  • Traditional Architecture

About This Home

As of March 2016

Just Reduced! Prime corner lot and move-in ready, this Lake Balboa gem with modern elements is in a class by itself. This sleek 4bed/4bath traditional home is open and bright, and has been completely updated throughout with seamless flooring, recessed lighting, and a gorgeous state of the art custom kitchen with stainless appliances and granite counter-tops. Master has two closets (one walk-in) and large en suite master bath equipped with frameless stand alone shower, double vanity sinks, and jetted soaker tub. Large open living room with gas fireplace and sliding doors reveal a beautiful outdoor area consisting of 9 ft. pool, fountain, and Italian shower. All surrounded by a Saltillo Spanish tile inspired living space that includes a fire pit, pool table, LED tv, and entrance to 2 car garage with custom built storage. Complete with full surround sound system in/out and topped off with energy efficient solar panel roofing, this entertainer's delight is an excellent value.

Last Agent to Sell the Property

Matthew Abraham

Coldwell Banker Realty License #01932640 Listed on: 01/22/2016

Coldwell Banker Realty

Last Buyer's Agent

Tim White

Douglas Elliman License #01702027

Douglas Elliman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 6,451 Sq Ft Lot
  • West Facing Home
  • Wrought Iron Fence
  • Corner Lot
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,950 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool

Additional Features

  • Solar Power System
  • Wrap Around Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2227-013-001

Home Details

Home Type

Single Family

Year Built

Built in 1950 | Remodeled

Lot Details

6,451 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 1950
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Open Floor Plan, Pre-wired for surround sound, Recessed Lighting, Storage Space
  • Fireplace Rooms: Gas, Gas and Wood, Living Room, Wood Burning
  • Flooring: Mixed
  • Appliances: Oven-Gas
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 2
  • Bedroom Features: Master Suite, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Powder Room, Remodeled, Tub With Jets
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Breakfast Nook, Formal Dining Rm
  • Kitchen Features: Granite Counters, Open to Family Room, Pantry, Remodeled
  • Laundry: In Kitchen
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer
  • Price Per S Q F T: 351.28

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Tennis Court Y/N: No
  • Fence: Wrought Iron
  • Patio: Covered, Tile, Wrap Around Porch
  • Pool Description: Gunite, In Ground, Private
  • Pool: Yes
  • Roof: Composition
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage Is Detached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: Unknown

Lot Info

  • Assessor Parcel Number: 2227-013-001
  • Geocode Override: No
  • Lot Description: Back Yard, Front Yard
  • Lot Location: Corner Lot
  • Lot Size Area: 6451

Rental Info

  • Land Lease Type: Fee

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
Jan 22, 2016
Closed on
Feb 25, 2016
Sold by
Bought by
Seller's Agent
Matthew Abraham
Coldwell Banker Realty
Buyer's Agent
Tim White
Douglas Elliman
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%
Current Estimated Value
$1,069,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,680
Avg. Annual Appreciation
4.47%
Original Mortgage
$612,000
Interest Rate
0.0372%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
0.0338%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
0.0704%

Purchase Details

Closed on
Feb 13, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
0.0704%

Purchase Details

Closed on
Nov 2, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,050
Interest Rate
0.0784%

Purchase Details

Closed on
Sep 24, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,050
Interest Rate
0.0784%

Purchase Details

Closed on
Mar 17, 1999
Sold by
Bought by

Purchase Details

Closed on
Oct 16, 1997
Sold by
Bought by

Purchase Details

Closed on
Jun 5, 1997
Sold by
Bought by

Purchase Details

Closed on
May 28, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
$680,000 Equity Title Los Angeles
$425,004 Wfg
$235,000 --
-- --
$165,000 South Coast Title
-- First American Title Ins Co
$159,341 First American Title Ins Co
$148,000 --
-- Stewart Title
$124,383 Stewart Title
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 $582,000
Closed $577,500
Closed $612,000
Previous Owner $382,500
Previous Owner $405,000
Previous Owner $280,000
Previous Owner $13,000
Previous Owner $218,000
Previous Owner $188,000
Previous Owner $160,050
Previous Owner $25,000
Previous Owner $40,000
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 Prior Sale
03/22/2016 03/22/16 Sold $680,000 -0.7% $349 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
02/16/2016 02/16/16 Price Changed $685,000 -2.0% $351 / Sq Ft
01/22/2016 01/22/16 For Sale $699,000 +64.5% $358 / Sq Ft
05/29/2013 05/29/13 Sold $425,000 +21.4% $218 / Sq Ft View Prior Sale
01/05/2013 01/05/13 Pending -- -- --
12/17/2012 12/17/12 For Sale $350,000 -- $179 / Sq Ft
Source: The MLS

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 $9,825 $804,974 $482,986 $321,988
2024 $9,708 $789,191 $473,516 $315,675
2023 $9,520 $773,718 $464,232 $309,486
2022 $9,077 $758,548 $455,130 $303,418
2021 $8,960 $743,675 $446,206 $297,469
2019 $8,691 $721,619 $432,972 $288,647
2018 $8,578 $707,471 $424,483 $282,988
2016 $5,436 $442,097 $290,016 $152,081
2015 $5,358 $435,457 $285,660 $149,797
2014 $5,381 $426,928 $280,065 $146,863
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-973899

The MLS

APN: 2227-013-001

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