NOT LISTED FOR SALE

7506 Ostrom Ave van Nuys, CA 91406

Lake Balboa Neighborhood

Estimated Value: $818,000 - $868,000

3 Beds
1 Bath
1,100 Sq Ft
$760/Sq Ft Est. Value

Last Sold March 25, 2020

Last sale price $570,000 $518 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,082/month

27 Days on Market

Highlights

  • Fireplace in Bathroom
  • 1 Car Attached Garage
  • Central Air
  • No HOA
  • Laundry Room
  • Rectangular Lot

About This Home

As of March 2020

Conveniently located close to shopping,main streets and in a very nice pocket of Van Nuys. Property has many upgrades flooring, Exterior rocks work, driveway. Fireplace mantel. Huge stamped back patio, Central A/C & Central heat.

Last Agent to Sell the Property

Adriana Leinbock

Pinnacle Estate Properties, Inc. License #01221288 Listed on: 01/13/2020

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

Rafael Soltero

Pinnacle Estate Properties, Inc. License #00959544

Pinnacle Estate Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,543

Year Built

  • Built in 1950

Lot Details

  • 6,250 Sq Ft Lot
  • Rectangular Lot
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Bonus Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Air
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 16021
  • Assessor Parcel Number 2203020004

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,543

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 6616452258
  • Other Phone Description: 6616452258
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2203020004
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1100.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Bath, Bonus Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 518.18
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6250.00
  • Lot Size Acres: 0.1435

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6250.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1319.00
  • Tax Lot: 24
  • Tax Tract Number: 16021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Feb 27, 2020
Sold by
Galvez Leonardo Antonio
Bought by
Galvez Xiomara J
Seller's Agent
Adriana Leinbock
Pinnacle Estate Properties, Inc.
Buyer's Agent
Rafael Soltero
Pinnacle Estate Properties, Inc.
List Price
$569,950
Sold Price
$570,000
Premium/Discount to List
$50
0.009%
Current Estimated Value
$835,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,792
Avg. Annual Appreciation
7.69%
Original Mortgage
$541,500
Outstanding Balance
$478,661
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$377,006

Purchase Details

Listed on
Jan 13, 2020
Closed on
Feb 24, 2020
Sold by
Ramos Aris Francisco and Ramos Norma
Bought by
Galvez Xiomara J and Eldridge Patricia P
Seller's Agent
Adriana Leinbock
Pinnacle Estate Properties, Inc.
Buyer's Agent
Rafael Soltero
Pinnacle Estate Properties, Inc.
List Price
$569,950
Sold Price
$570,000
Premium/Discount to List
$50
0.009%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,500
Outstanding Balance
$478,661
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$377,006

Purchase Details

Closed on
Aug 25, 2011
Sold by
Us Bank National Association
Bought by
Ramos Aris Francisco and Ramos Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,729
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 2010
Sold by
Noriega Sylvia
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 24, 2009
Sold by
Noriega Silvia
Bought by
Noriega Silvia and Sula Kristina

Purchase Details

Closed on
Oct 5, 2006
Sold by
Totten John K
Bought by
Noriega Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,800
Interest Rate
6.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 16, 2000
Sold by
Totten John K
Bought by
John K Totten Trust

Purchase Details

Closed on
May 22, 1997
Sold by
Totten John K
Bought by
John K Totten Trust
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
Galvez Xiomara J -- Priority Title Company
Galvez Xiomara J $570,000 Priority Title Company
Ramos Aris Francisco $255,500 Premium Title Of California
Us Bank National Association $321,000 Accommodation
Noriega Silvia -- None Available
Noriega Sylvia $439,000 Fidelity National Title
John K Totten Trust -- --
John K Totten Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galvez Xiomara J $541,500
Previous Owner Ramos Aris Francisco $249,223
Previous Owner Ramos Aris Francisco $248,729
Previous Owner Noriega Sylvia $87,800
Previous Owner Noriega Sylvia $351,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2020 03/25/20 Sold $570,000 0.0% $518 / Sq Ft
02/09/2020 02/09/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $569,950 -- $518 / 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 $7,543 $623,373 $498,700 $124,673
2024 $7,543 $611,151 $488,922 $122,229
2023 $7,397 $599,169 $479,336 $119,833
2022 $7,054 $587,422 $469,938 $117,484
2021 $6,967 $575,905 $460,724 $115,181
2020 $3,800 $293,436 $234,750 $58,686
2019 $3,656 $287,684 $230,148 $57,536
2018 $3,561 $282,044 $225,636 $56,408
2016 $3,398 $271,093 $216,875 $54,218
2015 $3,350 $267,022 $213,618 $53,404
2014 $3,369 $261,792 $209,434 $52,358
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Adriana Leinbock

    Pinnacle Estate Properties, Inc.

    (661) 645-2258

    15 Total Sales

    Adriana Leinbock
    Section Image

  • R

    Buyer's Agent in 2020

    Rafael Soltero

    Pinnacle Estate Properties, Inc.

    (818) 270-9340

    27 Total Sales

    Rafael Soltero
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20009365

California Regional Multiple Listing Service (CRMLS)

APN: 2203-020-004

California Los Angeles County Van Nuys 91406 Lake Balboa

7506 Ostrom Ave, Van Nuys, CA

This home is located at 7506 Ostrom Ave, van Nuys, CA 91406 since 13 January 2020 and is currently estimated at $835,792, approximately $759 per square foot. This property was built in 1950. 7506 Ostrom Ave is a home located in Los Angeles County with nearby schools including Anatola Avenue Elementary School, 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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