NOT LISTED FOR SALE

7433 Ostrom Ave van Nuys, CA 91406

Estimated Value: $918,421 - $964,000

4 Beds
2 Baths
1,421 Sq Ft
$666/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $777,000 $547 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,709/month

5 Days on Market

Highlights

  • Solar Power System
  • High Ceiling
  • Covered Patio or Porch
  • Wood Flooring
  • No HOA
  • Breakfast Area or Nook

About This Home

As of March 2021

Welcome home to prime Lake Balboa. This lovely 4 BR 2 Bath home is in a very charming neighborhood surrounded by lush green trees. Features include an open & bright floor plan w/ hardwood floors, high wood beamed ceilings, ceiling fans, Central AC/HEAT, Solar, energy star windows & copper plumbing. Updated kitchen boasts butcher block counter-tops, custom built in cabinets, stainless-steel appliances & breakfast bar area. New roof & updated electrical panels are just a couple of amazing upgrades. Large backyard w/ a covered patio and plenty of yard. Perfect for entertaining. Easy access to shopping, restaurants, & more. Amazing opportunity.

Last Agent to Sell the Property

anthony batarse

Atwater Properties License #01394553 Listed on: 02/20/2021

Last Buyer's Agent

Shane Nichols

License #01948062

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Sprinkler System
  • Property is zoned LAR1

Interior Spaces

  • 1,421 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Tinted Windows
  • Shutters
  • Window Screens
  • Sliding Doors
  • Family Room with Fireplace
  • Dining Area

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Attached Carport
  • Circular Driveway

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Additional Features

  • Solar Power System
  • Covered Patio or Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2203-017-012

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Advertising Remarks: Welcome home to prime Lake Balboa. This lovely 4 BR 2 Bath home is in a very charming neighborhood surrounded by lush green trees. Features include an open & bright floor plan w/ hardwood floors, high wood beamed ceilings, ceiling fans, Central AC/HEAT, Solar, energy star windows & copper plumbing. Updated kitchen boasts butcher block counter-tops, custom built in cabinets, stainless-steel appliances & breakfast bar area. New roof & updated electrical panels are just a couple of amazing upgrades. Large backyard w/ a covered patio and plenty of yard. Perfect for entertaining. Easy access to shopping, restaurants, & more. Amazing opportunity.
  • Living Area: 1421
  • Lot Acreage: 0.1377
  • Lot Dimensions: 60x100
  • Stories: 1
  • Year Built: 1954
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Hardwood, Tile
  • Appliances: Cooktop - Gas, Double Oven, Microwave, Oven, Oven-Gas
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub, Shower Stall, Remodeled
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Galley Kitchen
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Alarm System, Built-Ins, Ceiling Fan, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Microwave, Range/Oven, Refrigerator, Solar Panels
  • Fireplace: Yes
  • Price Per S Q F T: 498.94
  • Windows: Window Shutters, Tinted Windows, Screens, Double Pane Windows

Exterior Features

  • Other Features: High Ceilings (9 Feet+), Sprinkler System, Sliding Glass Doors
  • Other Structures: Other
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Covered Parking, Circular Driveway, Carport Attached, Carport
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Fireplace, Central
  • Security: Carbon Monoxide Detector(s), Prewired for alarm system, Smoke Detector
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 2203-017-012
  • Lot Size Area: 6000

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2014
Closed on
Jun 26, 2014
Sold by
Mcnaught Sergio
Bought by
Lambert Adam and Lambert Lissette
Seller's Agent
Maria Rojas
Mark C. Johnson
Buyer's Agent
anthony batarse
Atwater Properties
List Price
$434,000
Sold Price
$430,000
Premium/Discount to List
-$4,000
-0.92%
Current Estimated Value
$945,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$515,855
Avg. Annual Appreciation
7.05%
Original Mortgage
$402,000
Outstanding Balance
$305,309
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$640,546

Purchase Details

Closed on
Aug 1, 2002
Sold by
Apip 13 Llc
Bought by
Mcnaught Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,225
Interest Rate
6.52%

Purchase Details

Closed on
Jul 30, 2002
Sold by
Radmanesh Matthew M
Bought by
Apip 13 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,225
Interest Rate
6.52%

Purchase Details

Closed on
Jul 19, 1995
Sold by
The Federal Home Loan Mtg Corp
Bought by
Radmanesh Matthew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,950
Interest Rate
7.59%
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
Lambert Adam $430,000 Fidelity
Mcnaught Sergio $242,500 Gateway Title Company
Apip 13 Llc -- Fidelity Title
Radmanesh Matthew M $121,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Adam $402,000
Previous Owner Mcnaught Sergio $235,225
Previous Owner Radmanesh Matthew M $114,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2021 03/30/21 Sold $777,000 +9.6% $547 / Sq Ft
02/26/2021 02/26/21 For Sale $709,000 -8.8% $499 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/22/2021 02/22/21 Off Market $777,000 -- --
02/20/2021 02/20/21 For Sale $709,000 +64.9% $499 / Sq Ft
07/24/2014 07/24/14 Sold $430,000 -0.9% $303 / Sq Ft View Prior Sale
06/24/2014 06/24/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $434,000 -- $305 / Sq Ft
Source: The MLS

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 $10,212 $841,047 $672,838 $168,209
2024 $10,095 $824,557 $659,646 $164,911
2023 $9,898 $808,390 $646,712 $161,678
2022 $9,436 $792,540 $634,032 $158,508
2021 $5,798 $477,435 $359,410 $118,025
2020 $5,854 $472,540 $355,725 $116,815
2019 $5,625 $463,275 $348,750 $114,525
2018 $5,514 $454,192 $341,912 $112,280
2016 $5,260 $436,557 $328,636 $107,921
2015 $5,183 $430,000 $323,700 $106,300
2014 $3,644 $286,499 $217,978 $68,521
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-695100

The MLS

APN: 2203-017-012

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