NOT LISTED FOR SALE

7516 Forbes Ave van Nuys, CA 91406

Lake Balboa Neighborhood

Estimated Value: $835,000 - $951,885

2 Beds
1 Bath
916 Sq Ft
$959/Sq Ft Est. Value

Last Sold March 14, 2014

Last sale price $389,950 $426 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $5,364/month

32 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Private Yard
  • 1 Car Attached Garage

About This Home

As of March 2014

Just Reduced! A $35,000 Price Reduction! Here is a 2 bedroom and 1 Bath in the City of Lake Balboa. This home is in move in condition and it features upgrades such as Tile floors in Kitchen, Stainless Steel Dish Washer, Stainless Steel Stove, Stainless Steel Refrigerator,Stainless Microwave, Fresh Paint through out, Central A/C and Heat and step down bonus room with bathroom very well done that can be used as a office, entertainment room etc.(bonus room and bath have no permits) . Back yard features a nicely landscape yard with a detached covered patio. The property is in a great community with short distance to Parks and Recreations such as Lake, Golf, Tennis courts, Soccer Fields, Bike and Walking Trails and much more. You also have with in a short distance the convenience of the Metro Orange Line that will allow you for easy commuting. Its a home you need to see to appreciate it. The property is west of the 405 Freeway and North of the 101 freeway.

Last Agent to Sell the Property

Genaro Robles

RBS Realty License #01193745 Listed on: 01/09/2014

Last Buyer's Agent

Mark Anthony

No Firm Affiliation License #01758538

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,054

Year Built

  • Built in 1948

Lot Details

  • 6,486 Sq Ft Lot
  • Fenced
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Front Yard Sprinklers
  • Private Yard
  • Back Yard

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • 916 Sq Ft Home
  • Traditional Architecture
  • Raised Foundation
  • Shingle Roof
  • Stucco

Kitchen

  • Gas Cooktop
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Laundry Room
  • Patio

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 14659
  • Assessor Parcel Number 2226023024

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,054

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2226023024
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 916.00
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 425.71
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Fence: Yes
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Cooktop, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, Level, Rectangular Lot, Paved, Sprinklers In Front, Sprinkler System, Yard
  • Lot Size Sq Ft: 6486.00
  • Lot Size Acres: 0.1490

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6486.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 53
  • Tax Tract Number: 14659

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2021
Sold by
Doron Michael
Bought by
Doron Michael and Gleyzer Evelyn Chaya
Current Estimated Value
$878,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,800
Outstanding Balance
$114,522
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$763,699

Purchase Details

Closed on
Jul 23, 2020
Sold by
Gleyzer Evelyn
Bought by
Doron Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2014
Closed on
Feb 6, 2014
Sold by
Tapia Salvador and Coss Baltazar
Bought by
Doron Michael
Seller's Agent
Genaro Robles
RBS Realty
Buyer's Agent
Mark Anthony
No Firm Affiliation
List Price
$425,000
Sold Price
$389,950
Premium/Discount to List
-$35,050
-8.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$304,150
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2006
Sold by
Coss Diane
Bought by
Coss Baltazar

Purchase Details

Closed on
Aug 30, 2006
Sold by
Rees Bruce Bernard and Rees Family Trust
Bought by
Tapia Salvador and Coss Baltazar

Purchase Details

Closed on
Dec 23, 1993
Sold by
Rees Richard Eugene and Rees Lynn M
Bought by
Rees Richard E and Rees Lynn M
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
Doron Michael -- Placer Title Company
Doron Michael -- American Coast Title
Doron Michael $385,000 Priority Title
Coss Baltazar -- North American Title Co
Tapia Salvador $365,000 North American Title Co
Tapia Salvador -- North American Title Co
Rees Richard E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doron Michael $151,800
Closed Doron Michael $150,000
Open Doron Michael $300,650
Closed Doron Michael $304,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2014 03/14/14 Sold $389,950 -8.2% $426 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $425,000 -- $464 / 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 $7,054 $575,490 $367,754 $207,736
2024 $7,054 $564,207 $360,544 $203,663
2023 $6,919 $553,145 $353,475 $199,670
2022 $6,599 $542,300 $346,545 $195,755
2021 $6,513 $531,667 $339,750 $191,917
2020 $6,577 $526,217 $336,267 $189,950
2019 $6,268 $423,080 $329,674 $93,406
2018 $5,102 $414,785 $323,210 $91,575
2016 $4,875 $398,680 $310,660 $88,020
2015 $4,804 $392,692 $305,994 $86,698
2014 $3,462 $273,000 $158,700 $114,300
Source: Public Records

Agents Affiliated with this Home

  • Genaro Robles

    Seller's Agent in 2014

    Genaro Robles

    RBS Realty

    (818) 355-3222

    129 Total Sales

    Genaro Robles
    Section Image

  • M

    Buyer's Agent in 2014

    Mark Anthony

    No Firm Affiliation

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14006901

California Regional Multiple Listing Service (CRMLS)

APN: 2226-023-024

California Los Angeles County Van Nuys 91406 Lake Balboa

7516 Forbes Ave, Van Nuys, CA

This home is located at 7516 Forbes Ave, van Nuys, CA 91406 since 09 January 2014 and is currently estimated at $878,221, approximately $958 per square foot. This property was built in 1948. 7516 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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