NOT LISTED FOR SALE

7401 Oak Park Ave van Nuys, CA 91406

Estimated Value: $826,146 - $933,000

3 Beds
2 Baths
1,181 Sq Ft
$742/Sq Ft Est. Value

Last Sold January 05, 2018

Last sale price $604,000 $511 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,267/month

9 Days on Market

Highlights

  • Primary Bedroom Suite
  • Traditional Architecture
  • Corner Lot
  • Room in yard for a pool
  • Wood Flooring
  • Lawn

About This Home

As of January 2018

BOM!!! Subject to cancellation of current escrow. Don't miss this pristine 3/2 home in the heart of quiet Lake Balboa neighborhood. The corner lot with shading trees, driveway and 2 car garage makes the curb appeal picture perfect. Home has been meticulously cared for & radiates with charm. Crown molding frames every room. Every door & window has been updated. Recessed lighting in the living room & refinished hardwood floors add to the upgrades. There is a formal dining area & separate living room w/ wood burning fireplace. Light pours into the living area through the wall of windows & an over-sized door leading out to the back yard . The kitchen has built in eating area and SS appliances. More detail was added to this home by lining all bedroom closets with cedar. The side and back yard are completely private & enclosed by a well maintained brick wall. Entertain with the gas grill on the covered back patio w/ shaded relaxing yard of fig trees & orange trees.

Last Agent to Sell the Property

Nina Turcic

Beverly and Company, Inc. License #01932113 Listed on: 10/17/2017

Beverly and Company, Inc.

Last Buyer's Agent

Richard Michalowski

Compass License #01935805

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 6,361 Sq Ft Lot
  • East Facing Home
  • Block Wall Fence
  • Corner Lot
  • Level Lot
  • Lawn
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,181 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Area
  • Wood Flooring
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower
  • Shower Only
  • Linen Closet In Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2203-022-001

Home Details

Home Type

Single Family

Year Built

Built in 1951 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: BOM!!! Subject to cancellation of current escrow. Don't miss this pristine 3/2 home in the heart of quiet Lake Balboa neighborhood. The corner lot with shading trees, driveway and 2 car garage makes the curb appeal picture perfect. Home has been meticulously cared for & radiates with charm. Crown molding frames every room. Every door & window has been updated. Recessed lighting in the living room & refinished hardwood floors add to the upgrades. There is a formal dining area & separate living room w/ wood burning fireplace. Light pours into the living area through the wall of windows & an over-sized door leading out to the back yard . The kitchen has built in eating area and SS appliances. More detail was added to this home by lining all bedroom closets with cedar. The side and back yard are completely private & enclosed by a well maintained brick wall. Entertain with the gas grill on the covered back patio w/ shaded relaxing yard of fig trees & orange trees. The 2 car garage is finished inside with drywall and a window. High end washer & dryer are also housed in the garage along with plenty of built in storage. Perfect for the buyer looking for a move in ready home without losing the character.
  • Entry Location: Ground Level w/steps
  • Living Area: 1181
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Drywall Walls, Recessed Lighting
  • Fireplace Rooms: Family Room, Wood Burning
  • Flooring: Hardwood
  • Appliances: Cooktop - Gas, Gas Grill, Gas/Electric Range, Microwave, Oven-Gas
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Master Bedroom, Master Bedroom, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Linen Closet, Shower Over Tub, Shower Stall, Tile
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Dining Area, In Kitchen
  • Kitchen Features: Tile Counters
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Equipment: Alarm System, Barbeque, Ceiling Fan, Dishwasher, Dryer, Gas Dryer Hookup, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 507.00

Exterior Features

  • Direction Faces: East
  • Tennis Court Y/N: No
  • Fence: Block
  • Patio: Concrete Slab, Covered, Covered Porch, Porch - Rear
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway - Concrete, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Prewired for alarm system

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2203-022-001
  • Geocode Override: No
  • Lot Description: Back Yard, Front Yard, Lawn, Lot-Level/Flat, Yard
  • Lot Location: Corner Lot
  • Lot Size Area: 6361

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 0

MLS Schools

  • School District: Los Angeles Unified

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2017
Closed on
Dec 21, 2017
Sold by
Dower Dona and The Dona Pauline Dower Living
Bought by
Heitz Alan David and Verrill Leah
Seller's Agent
Nina Turcic
Beverly and Company, Inc.
Buyer's Agent
Richard Michalowski
Compass
List Price
$599,000
Sold Price
$604,000
Premium/Discount to List
$5,000
0.83%
Current Estimated Value
$876,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,037
Avg. Annual Appreciation
4.74%
Original Mortgage
$315,000
Outstanding Balance
$265,065
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$610,972

Purchase Details

Closed on
Jul 21, 2014
Sold by
Dower Dona
Bought by
Dower Dona and The Dona Pauline Dower Living

Purchase Details

Closed on
Jun 6, 2006
Sold by
Freudenberg Paul and Freudenberg Jennifer
Bought by
Dower Dona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.57%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Heitz Alan David $604,000 First American Title Company
Dower Dona -- None Available
Dower Dona $580,000 Security Union Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heitz Alan David $315,000
Previous Owner Dower Dona $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2018 01/05/18 Sold $604,000 +0.8% $511 / Sq Ft
12/14/2017 12/14/17 For Sale $599,000 0.0% $507 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
10/17/2017 10/17/17 For Sale $599,000 -- $507 / Sq Ft
Source: The MLS

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 $8,229 $687,244 $499,504 $187,740
2024 $8,229 $673,769 $489,710 $184,059
2023 $8,069 $660,558 $480,108 $180,450
2022 $7,691 $647,607 $470,695 $176,912
2021 $7,595 $634,910 $461,466 $173,444
2019 $7,365 $616,080 $447,780 $168,300
2018 $5,859 $484,000 $386,000 $98,000
2016 $5,413 $450,000 $359,000 $91,000
2015 $5,413 $450,000 $359,000 $91,000
2014 $5,250 $426,000 $340,000 $86,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 17-281708

The MLS

APN: 2203-022-001