NOT LISTED FOR SALE

7427 Ostrom Ave van Nuys, CA 91406

Estimated Value: $811,880 - $1,022,000

4 Beds
2 Baths
1,421 Sq Ft
$632/Sq Ft Est. Value

Last Sold April 17, 2018

Last sale price $595,000 $419 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,389/month

36 Days on Market

Highlights

  • Open Floorplan
  • Lawn
  • Corian Countertops
  • Contemporary Architecture
  • No HOA
  • Evaporated cooling system

About This Home

As of April 2018

Awesome price reduction on this one story home located in a wonderful Lake Balboa neighborhood. Home features an open floor plan. Walk into the open living room with high beamed ceiling and a volcanic rock fireplace. Open dining room great for entertaining. Giant wraparound kitchen with "Vintage Z Brick" features tons & tons of cupboards, a pantry and a newer gas stove/range. There is also a kitchen nook with additional cabinets for all of your cooking essentials. Bedrooms have fresh paint and newer carpet. There are ceiling fans in all of the bedrooms and living areas. Guest bathroom features an instant hot water heater feature for the sink and a new glass shower door. Master bath has a porcelain tub with ceramic tiles. House has all dual pane windows with the exception of the one if the bonus (garage) room. Owner has just installed a brand new roof. This home has been lovingly maintained by the current owner. It should be noted that the garage has been converted (without permits but in a workmanlike manner) that adds a huge family room area or could easily be a huge 5th bedroom. Backyard has a serene covered patio area with ample flowers, plants and fruit trees to enjoy along with 2 large sheds that owner is leaving for additional storage. The over-sized driveway can easily park 3 vehicles under the carport (not permitted) and still leave room for extra vehicle parking. Motivated seller says submit all offers, what more could you ask for!

Last Agent to Sell the Property

Nicole Romanowski

Vintage Investment Properties License #01086479 Listed on: 02/03/2018

Last Buyer's Agent

Julie Melgar

Re/Max Luxe License #01828554

Re/Max Luxe

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 6,000 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Fence is in average condition
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,421 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Family Room
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Bar
  • Gas and Electric Range
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • 3 Attached Carport Spaces
  • Parking Available
  • Driveway

Outdoor Features

  • Wood Patio
  • Exterior Lighting

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer Paid

Additional Features

  • Low Pile Carpeting
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 18386
  • Assessor Parcel Number 2203017013

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: LAR1
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2203017013
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1421.00 Square Feet
  • Interior Amenities: Block Walls, Ceiling Fan(s), Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: Low Pile Carpeting
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 418.72
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Living Room, Master Bathroom
  • Window Features: Blinds, Screens
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Shower In Tub
  • Room Kitchen Features: Corian Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Patio, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas & Electric Range
  • Heating Type: Forced Air, Natural Gas, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Landscaped, Lawn, Level, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 6000.00

Multi Family

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

Tax Info

  • Tax Census Tract: 1319.00
  • Tax Lot: 6
  • Tax Tract Number: 18386

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2018
Closed on
Mar 19, 2018
Sold by
Hardy William Charles and Hrdy William C
Bought by
Hardy Dolores
Seller's Agent
Nicole Romanowski
Vintage Investment Properties
Buyer's Agent
Julie Melgar
Re/Max Luxe
List Price
$614,990
Sold Price
$595,000
Premium/Discount to List
-$19,990
-3.25%
Current Estimated Value
$898,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,470
Avg. Annual Appreciation
5.46%
Original Mortgage
$305,000
Outstanding Balance
$261,103
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$637,367

Purchase Details

Listed on
Feb 3, 2018
Closed on
Mar 12, 2018
Sold by
Hardy Dolores
Bought by
Castellanos Rigoberto Garcia and Garcia Lily Blanca Magana De
Seller's Agent
Nicole Romanowski
Vintage Investment Properties
Buyer's Agent
Julie Melgar
Re/Max Luxe
List Price
$614,990
Sold Price
$595,000
Premium/Discount to List
-$19,990
-3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Outstanding Balance
$261,103
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$637,367

Purchase Details

Closed on
Nov 17, 2009
Sold by
Hardy William C and Hardy Dolores
Bought by
Hardy William C

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
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2006
Sold by
Hardy Dolores
Bought by
Benson Karen D

Purchase Details

Closed on
Aug 20, 2001
Sold by
Hardy Dolores and Hardy William C
Bought by
Hardy William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Hardy Dolores -- Consumers Title Company
Castellanos Rigoberto Garcia $595,000 Consumers Title Company
Hardy William C -- California Counties Title Co
Benson Karen D -- None Available
Hardy William C -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castellanos Rigoberto Garcia $305,000
Previous Owner Hardy William C $125,000
Previous Owner Hardy William C $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2018 04/17/18 Sold $595,000 -3.3% $419 / Sq Ft
03/11/2018 03/11/18 Pending -- -- --
02/03/2018 02/03/18 For Sale $614,990 -- $433 / 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 $8,293 $677,001 $513,613 $163,388
2024 $8,293 $663,728 $503,543 $160,185
2023 $8,135 $650,715 $493,670 $157,045
2022 $7,760 $637,957 $483,991 $153,966
2021 $7,660 $625,449 $474,501 $150,948
2019 $7,390 $606,900 $460,428 $146,472
2018 $862 $65,229 $24,531 $40,698
2016 $805 $62,697 $23,579 $39,118
2015 $794 $61,756 $23,225 $38,531
2014 $805 $60,548 $22,771 $37,777
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Nicole Romanowski

    Vintage Investment Properties

    (805) 529-2100

    6 Total Sales

    Nicole Romanowski
    Section Image
  • Julie Melgar

    Buyer's Agent in 2018

    Julie Melgar

    RE/MAX

    (818) 536-3847

    21 Total Sales

    Julie Melgar
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18026155

California Regional Multiple Listing Service (CRMLS)

APN: 2203-017-013

California Los Angeles County Van Nuys 91406

7427 Ostrom Ave, Van Nuys, CA

Not Listed for Sale

Detached

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