NOT LISTED FOR SALE

7465 Forbes Ave Lake Balboa, CA 91406

Lake Balboa Neighborhood

Estimated Value: $782,070 - $1,039,000

3 Beds
2 Baths
1,258 Sq Ft
$758/Sq Ft Est. Value

Last Sold July 26, 2016

Last sale price $450,000 $358 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $5,850/month

6 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Covered Patio or Porch
  • Central Heating and Cooling System
  • No HOA
  • Cooling System Powered By Gas
  • Back Yard

About This Home

As of July 2016

Totally updated home in lake balboa, cozy brick fire place in living room , large kitchen with breakfast area opens to bright dining room. Brand new copper plumbing and fixtures, new central energy efficient A/C and Heat, new hardwood floors , new dishwasher ,washer and dryer in kitchen. New paint inside and out. large backyard has many fruit trees , automatic sprinklers covers new lawn and shrubs.

Last Agent to Sell the Property

Jim Cavanaugh

BrokerIn Trust License #00544848 Listed on: 05/18/2016

Last Buyer's Agent

Borna Boustani

Borna Boustani License #00802377

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,995

Year Built

  • Built in 1953

Lot Details

  • 6,975 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,258 Sq Ft Home
  • Living Room with Fireplace
  • Gas Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 18239
  • Assessor Parcel Number 2226026012

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,995

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2226026012
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1258.00
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 357.71
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Appliances: Gas Oven
  • Heating Type: Central
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6975.00
  • Price Per Lot Square Foot: 64.52

Multi Family

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

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 18239

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Jun 1, 2016
Sold by
Fleischner Lori
Bought by
Ourian Sohelia
Seller's Agent
Jim Cavanaugh
BrokerIn Trust
Buyer's Agent
Borna Boustani
Borna Boustani
List Price
$439,950
Sold Price
$450,000
Premium/Discount to List
$10,050
2.28%
Current Estimated Value
$953,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,268
Avg. Annual Appreciation
8.61%
Original Mortgage
$227,000
Outstanding Balance
$182,418
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$770,850

Purchase Details

Closed on
Dec 20, 1995
Sold by
Allen Theodore C and Allen Josephine M
Bought by
Allen Theodore C and Allen Josephine M
Source: Public Records

Range of Values:

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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
Ourian Sohelia $452,000 None Available
Allen Theodore C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fleischner Lori $227,000
Previous Owner Ourian Sohelia $227,000
Previous Owner Allen Theodore C $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2017 01/03/17 Rented $2,700 0.0% --
01/03/2017 01/03/17 Under Contract -- -- --
11/23/2016 11/23/16 For Rent $2,700 0.0% --
07/26/2016 07/26/16 Sold $450,000 +2.3% $358 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $439,950 -- $350 / 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 $7,995 $652,952 $419,665 $233,287
2024 $7,995 $640,150 $411,437 $228,713
2023 $7,843 $627,599 $403,370 $224,229
2022 $7,480 $615,294 $395,461 $219,833
2021 $7,382 $603,230 $387,707 $215,523
2020 $7,455 $597,046 $383,732 $213,314
2019 $7,163 $585,340 $376,208 $209,132
2018 $5,679 $461,040 $368,832 $92,208
2016 $819 $63,737 $22,755 $40,982
2015 $807 $62,781 $22,414 $40,367
2014 $819 $61,552 $21,975 $39,577
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Borna Boustani

    Borna Boustani

  • J

    Seller's Agent in 2016

    Jim Cavanaugh

    BrokerIn Trust

    (818) 970-7253

    1 in this area

    38 Total Sales

    Jim Cavanaugh
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16107670

California Regional Multiple Listing Service (CRMLS)

APN: 2226-026-012

California Los Angeles County Lake Balboa 91406 Lake Balboa

7465 Forbes Ave, Lake Balboa, CA

This home is located at 7465 Forbes Ave, Lake Balboa, CA 91406 since 18 May 2016 and is currently estimated at $953,268, approximately $757 per square foot. This property was built in 1953. 7465 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.

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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