NOT LISTED FOR SALE

7451 Ostrom Ave van Nuys, CA 91406

Estimated Value: $909,943 - $1,071,000

4 Beds
2 Baths
1,625 Sq Ft
$595/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $390,000 $240 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $5,495/month

174 Days on Market

Highlights

  • Koi Pond
  • All Bedrooms Downstairs
  • No HOA
  • Above Ground Spa
  • Lawn
  • Laundry Room

About This Home

As of February 2014

Great Lake Balboa home and one of the best prices per square foot in the area. Features 4 bedrooms and 1.75 bathrooms with expanded master bed room and high pitched ceilings. Copper plumbing, gas fireplace, oversized laundry room, newer central air conditioning, two car attached garage.

Last Agent to Sell the Property

Mike Boyle

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate License #01301005 Listed on: 08/01/2013

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

Last Buyer's Agent

Nathan Keller

Sotheby's International Realty License #01938974

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 5,999 Sq Ft Lot
  • Lawn

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Composition Roof

Interior Spaces

  • 1,625 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Outdoor Features

  • Above Ground Spa
  • Koi Pond

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 18386
  • Assessor Parcel Number 2203017009

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2203017009
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1625.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 240.00
  • Room Type: All Bedrooms Down
  • Spa Features: Above Ground

Exterior Features

  • Exterior Features: Koi Pond
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Lawn
  • Lot Size Sq Ft: 5999.00
  • Lot Size Acres: 0.1380

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5999.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 18386

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2013
Closed on
Jan 17, 2014
Sold by
Lim Christine M
Bought by
Robinson Matthew and Robinson Erin
Seller's Agent
Mike Boyle
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
Buyer's Agent
Nathan Keller
Sotheby's International Realty
List Price
$419,000
Sold Price
$390,000
Premium/Discount to List
-$29,000
-6.92%
Current Estimated Value
$967,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,486
Avg. Annual Appreciation
7.93%
Original Mortgage
$370,500
Outstanding Balance
$279,600
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$687,886

Purchase Details

Closed on
Apr 8, 2009
Sold by
Hogan Dorothy R
Bought by
Lim Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,060
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Robinson Matthew $390,000 Pacific Coast Title Co
Lim Christine M $379,000 Fidelity Van Nuys
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Matthew $370,500
Previous Owner Lim Christine M $341,060
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2014 02/28/14 Sold $390,000 -3.7% $240 / Sq Ft
01/22/2014 01/22/14 Pending -- -- --
10/11/2013 10/11/13 Price Changed $405,000 -3.3% $249 / Sq Ft
08/01/2013 08/01/13 For Sale $419,000 -- $258 / 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 $5,833 $478,075 $373,024 $105,051
2024 $5,833 $468,702 $365,710 $102,992
2023 $5,721 $459,513 $358,540 $100,973
2022 $5,457 $450,504 $351,510 $98,994
2021 $5,384 $441,671 $344,618 $97,053
2019 $5,223 $428,573 $334,398 $94,175
2018 $5,119 $420,171 $327,842 $92,329
2016 $4,879 $403,857 $315,112 $88,745
2015 $4,808 $397,791 $310,379 $87,412
2014 $3,914 $308,000 $227,000 $81,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB13153310

California Regional Multiple Listing Service (CRMLS)

APN: 2203-017-009