NOT LISTED FOR SALE

7464 Forbes Ave van Nuys, CA 91406

Lake Balboa Neighborhood

Estimated Value: $1,048,000 - $1,111,434

3 Beds
2 Baths
1,817 Sq Ft
$591/Sq Ft Est. Value

Last Sold September 20, 2022

Last sale price $998,000 $549 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,884/month

14 Days on Market

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • Living Room
  • Traditional Architecture
  • No HOA
  • Laundry Room

About This Home

As of September 2022

Welcome to this stylish and move-in ready single-level Lake Balboa home! With a bright and attractive open floor plan, this very special property will make your heart sing. Yes, it's that fabulous! With generous-sized three bedrooms including an ensuite primary bedroom with dual closets and a dual sink bathroom you'll enjoy the gorgeous and refinished original hardwood floors throughout. Elegant and ideal for entertaining, experience the easy flow from the living room, dining area, kitchen, and family room. Great for gatherings and cooking, the kitchen island and counters are granite, the stainless steel appliances are months old, and there's ample storage. Step out onto the dreamy and newly transformed backyard, with freshly laid flagstone and pavers, multiple areas for dining or relaxing, native plant landscaping, a pergola, a shed, and a drip-irrigation system for the fruit and vegetable raised bed garden. This largely modernized property has upgraded electrical, a bolted foundation, a security system, is freshly painted inside, a true laundry room, a working gas fireplace, a finished garage with epoxy flooring, newer HVAC (including duct work, asbestos abatement and blown attic insulation), dual pane windows and doors, and the most gorgeous drought-tolerant plantings in your front yard! So much to love!

Last Agent to Sell the Property

Ariyan Afshar

Compass License #01753779 Listed on: 08/16/2022

Compass

Co-Listed By

Allison Gold

Compass License #01865934

Last Buyer's Agent

Christine Regan

Equity Union License #02079130

Equity Union

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,526

Year Built

  • Built in 1956

Lot Details

  • 6,440 Sq Ft Lot
  • Lot Dimensions are 55x117
  • Property is zoned LAR1

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,817 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Alarm System

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Shed
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2226-023-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,526

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1817
  • Lot Acreage: 0.1479
  • Lot Dimensions: 55x117
  • Stories: 1
  • Year Built: 1956
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Washer
  • Price Per S Q F T: 536.60

Exterior Features

  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Garage - 2 Car, Garage Is Attached, Driveway
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2226-023-001
  • Lot Size Area: 6440

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2011
Sold by
Ls Assets Llc
Bought by
Ferguson Thomas and Ferguson Valerie
Current Estimated Value
$1,073,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2010
Sold by
Riddle Ana L and Riddle James S
Bought by
Ls Assets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
4.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 17, 2007
Sold by
Riddle James Richard and Riddle Ana Liza
Bought by
Riddle Ana Liza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2005
Sold by
Riddle James Richard and Riddle Analiza Marquez
Bought by
Riddle James Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,500
Interest Rate
1.95%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 23, 2004
Sold by
Riddle James Richard
Bought by
Riddle James Richard

Purchase Details

Closed on
Jan 23, 2002
Sold by
Ouellette William Louis and Smith Theresa Ann
Bought by
Riddle James Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,062
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 24, 2001
Sold by
Ouellette William Louis and Ouellette Family Trust
Bought by
Ouellette William Louis
Source: Public Records

Range of Values:

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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
Ferguson Thomas $405,000 Cctn
Ls Assets Llc -- Calcounties Title Nation
Riddle Ana Liza -- Financial
Riddle James Richard -- Old Republic Title Company
Riddle James Richard -- --
Riddle James Richard $250,000 Lawyers Title Company
Ouellette William Louis -- --
Smith Theresa Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Thomas $237,000
Closed Ferguson Thomas $316,000
Closed Ferguson Thomas $324,000
Closed Ferguson Thomas $324,000
Previous Owner Ls Assets Llc $233,000
Previous Owner Ls Assets Llc $150,000
Previous Owner Riddle Ana Liza $500,000
Previous Owner Riddle James Richard $12,000
Previous Owner Riddle James Richard $426,500
Previous Owner Riddle James Richard $130,000
Previous Owner Riddle James Richard $61,402
Previous Owner Riddle James Richard $252,000
Previous Owner Riddle James Richard $241,062
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2022 09/20/22 Sold $998,000 +2.4% $549 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $975,000 -- $537 / 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 $12,526 $1,038,319 $736,083 $302,236
2024 $12,526 $1,017,960 $721,650 $296,310
2023 $12,284 $998,000 $707,500 $290,500
2022 $5,925 $488,938 $216,581 $272,357
2021 $5,845 $479,352 $212,335 $267,017
2019 $5,670 $465,137 $206,038 $259,099
2018 $5,563 $456,018 $201,999 $254,019
2016 $5,302 $438,312 $194,156 $244,156
2015 $5,224 $431,729 $191,240 $240,489
2014 $5,246 $423,273 $187,494 $235,779
Source: Public Records

Agents Affiliated with this Home

  • Ariyan Afshar

    Seller's Agent in 2022

    Ariyan Afshar

    Compass

    (310) 780-3180

    3 in this area

    249 Total Sales

    Ariyan Afshar
    Section Image
  • Allison Gold

    Seller Co-Listing Agent in 2022

    Allison Gold

    Compass

    (323) 855-4692

    3 in this area

    46 Total Sales

    Allison Gold
    Section Image

  • C

    Buyer's Agent in 2022

    Christine Regan

    Equity Union

    Section Image
  • Meghan Nyback

    Buyer Co-Listing Agent in 2022

    Meghan Nyback

    Equity Union

    (818) 317-9146

    20 in this area

    71 Total Sales

    Meghan Nyback
    Section Image
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Map

Source: The MLS

MLS Number: 22-188489

The MLS

APN: 2226-023-001

California Los Angeles County Van Nuys 91406 Lake Balboa

7464 Forbes Ave, Van Nuys, CA

This home is located at 7464 Forbes Ave, van Nuys, CA 91406 since 16 August 2022 and is currently estimated at $1,073,859, approximately $591 per square foot. This property was built in 1956. 7464 Forbes 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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