NOT LISTED FOR SALE

7442 Paso Robles Ave van Nuys, CA 91406

Lake Balboa Neighborhood

Estimated Value: $996,420 - $1,110,000

4 Beds
2 Baths
1,872 Sq Ft
$555/Sq Ft Est. Value

Last Sold September 22, 2021

Last sale price $870,000 $465 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,578/month

34 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Wood Flooring
  • Home Office
  • Property is near public transit
  • No HOA
  • Covered Patio or Porch

About This Home

As of September 2021

This Lake Balboa home is a single structure separated into two distinct yet common themed wings. The West Wing houses a modernized, mid-century 2 bedroom 1 bathroom space with newly refinished, vintage hardwood floors, recessed lighting, a well-lit living/dining area and a revamped kitchen. A slightly larger, newly constructed (2020) East Wing is its own self-contained 2 bed 1 bath area; almost completely separated by a private courtyard and has a private side entrance. The East Wing contains a spacious master bedroom, a guest bedroom, luxurious bathroom, kitchen-sized wet bar and comfortable central den. There's also a ton of storage as the home includes a finished wall garage with a large carpeted loft, a high ceiling shed and an accessible attic space with room for dozens of standard boxes. The entire home works just as comfortably for the on-the-go modern jet setter as it does a multi-generational family--or even as a great passive income investment! The home has multiple outdoor spaces for entertainment including a shaded patio and private courtyard. You are not merely buying a home; you are buying a lifestyle. Agent related to Seller.

Last Agent to Sell the Property

Frank Ferguson

Keller Williams Realty License #00897608 Listed on: 06/30/2021

Keller Williams Realty

Last Buyer's Agent

Richard Can

iReal Estate Master License #01300900

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,071

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 6,670 Sq Ft Lot
  • West Facing Home
  • Landscaped
  • Rectangular Lot
  • Sprinkler System
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • On-Hand Building Permits
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Midcentury Modern Architecture
  • Turnkey
  • Additions or Alterations
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Recessed Lighting
  • Awning
  • Drapes & Rods
  • Blinds
  • Living Room
  • Family or Dining Combination
  • Home Office

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Gas Oven
  • Gas Range
  • Utility Sink

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Remodeled Bathroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Accessible Home Design

  • Doors swing in
  • More Than Two Accessible Exits

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Shed

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 118
  • Tax Tract Number 14349
  • Assessor Parcel Number 2203027007

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,071

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Architectural Style: Mid Century Modern
  • Property Condition: Additions/Alterations, Building Permit, Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2203027007
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1872.00 Square Feet
  • Interior Amenities: In-Law Floorplan, Built-in Features, Copper Plumbing Partial, Recessed Lighting, Wet Bar, Wired for Data, Wired for Sound
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Accessibility Features: 2+ Access Exits, Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, In Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 464.74
  • Room Type: All Bedrooms Down, Family Room, Galley Kitchen, Kitchen, Living Room, Master Bathroom, Master Bedroom, Office
  • Window Features: Blinds, Drapes
  • Bathroom Features: Bathtub, Shower, Exhaust Fan(s), Remodeled, Upgraded
  • Room Kitchen Features: Utility Sink

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Raised, Slab
  • Other Structures: Shed(s)
  • Exterior Features: Awning(s)
  • Patio And Porch Features: Covered, Rear Porch, Tile
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Concrete, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Asphalt, Garage, Garage Faces Front
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Central, Natural Gas
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Lot 6500-9999, Rectangular Lot, Near Public Transit, Sprinkler System
  • Lot Size Sq Ft: 6670.00
  • Lot Size Acres: 0.1531

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6670.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1319.00
  • Tax Lot: 118
  • Tax Tract Number: 14349

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Sep 13, 2021
Sold by
Serritella Anthony
Bought by
Tran Anh Tuan
Seller's Agent
Frank Ferguson
Keller Williams Realty
Buyer's Agent
Richard Can
iReal Estate Master
List Price
$879,000
Sold Price
$870,000
Premium/Discount to List
-$9,000
-1.02%
Current Estimated Value
$1,039,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,855
Avg. Annual Appreciation
4.64%
Original Mortgage
$637,500
Outstanding Balance
$582,601
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$457,254

Purchase Details

Closed on
Apr 2, 2018
Sold by
Serritella Anthony P
Bought by
Sepritella Anthony

Purchase Details

Closed on
Jan 18, 2018
Sold by
Serritella Mary C
Bought by
Serritella Anthony P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2011
Sold by
Frealy Todd
Bought by
Spore Judy J

Purchase Details

Closed on
Jan 7, 2009
Sold by
Spore Judy J
Bought by
Rafelle Aaron

Purchase Details

Closed on
Jun 12, 2008
Sold by
Spore David E
Bought by
Spore Judy J
Source: Public Records

Range of Values:

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Average Value
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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
Tran Anh Tuan $870,000 Stewart Title
Sepritella Anthony -- Stewart Title Of Ca Inc
Serritella Anthony P -- Lawyers Title
Serritella Anthony P -- None Available
Spore Judy J -- None Available
Rafelle Aaron -- None Available
Spore Judy J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Anh Tuan $637,500
Previous Owner Serritella Anthony P $338,000
Previous Owner Serritella Anthony Peter $21,997
Previous Owner Serritella Anthony Peter $236,839
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2021 09/22/21 Sold $870,000 +6.2% $465 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/23/2021 07/23/21 Price Changed $819,000 -6.8% $438 / Sq Ft
06/30/2021 06/30/21 For Sale $879,000 -- $470 / 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 $11,071 $923,249 $730,959 $192,290
2024 $11,071 $905,147 $716,627 $188,520
2023 $10,855 $887,400 $702,576 $184,824
2022 $10,348 $870,000 $688,800 $181,200
2021 $5,299 $427,520 $221,400 $206,120
2019 $3,429 $273,606 $214,834 $58,772
2018 $3,268 $268,242 $210,622 $57,620
2016 $3,116 $257,829 $202,445 $55,384
2015 $3,070 $253,958 $199,405 $54,553
2014 $3,087 $248,984 $195,499 $53,485
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2021

    Frank Ferguson

    Keller Williams Realty

    (626) 445-6660

    1 in this area

    18 Total Sales

    Frank Ferguson
    Section Image

  • R

    Buyer's Agent in 2021

    Richard Can

    iReal Estate Master

    (714) 489-7025

    1 in this area

    50 Total Sales

    Richard Can
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21142353

California Regional Multiple Listing Service (CRMLS)

APN: 2203-027-007

California Los Angeles County Van Nuys 91406 Lake Balboa

7442 Paso Robles Ave, Van Nuys, CA

This home is located at 7442 Paso Robles Ave, van Nuys, CA 91406 since 30 June 2021 and is currently estimated at $1,039,855, approximately $555 per square foot. This property was built in 1950. 7442 Paso Robles Ave is a home located in Los Angeles County with nearby schools including Stagg Street Elementary, William Mulholland Middle, and Birmingham Community Charter High.

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.

California Regional Multiple Listing Service (CRMLS) 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

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