NOT LISTED FOR SALE

7518 Oak Park Ave van Nuys, CA 91406

Estimated Value: $948,724 - $1,025,000

3 Beds
2 Baths
1,650 Sq Ft
$596/Sq Ft Est. Value

Last Sold August 22, 2017

Last sale price $717,000 $435 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,886/month

4 Days on Market

Highlights

  • Gourmet Kitchen
  • Craftsman Architecture
  • Wood Flooring
  • Primary Bedroom Suite
  • Room in yard for a pool
  • Marble Countertops

About This Home

As of August 2017

New energy efficient modern Craftsman home in prime Lake Balboa. Desertscape front yard with a water capturing rain garden leads up to the fully insulated home with vaulted ceilings, new dual pane windows and doors, solar roof vents and LED lighting throughout. Brand new kitchen with grey cabinetry, new low energy appliances and beautiful Calcutta gold marble countertops. A huge La Cantina 12ft wide & 8ft tall accordion door opens the entire living area to the landscaped backyard with deck and built-in fire pit. Master bedroom suite with vaulted ceilings and Carrera marble master bathroom and custom closet. Two additional bedrooms with custom closets share another bath with deep tub. Wide plank wood flooring throughout, new 200 amp electrical, copper plumbing and prewired for an electric car charging station and solar. Pre-wired for DTV & pre-installed surround speakers in the living room. Bring your toothbrush and move right in!

Last Agent to Sell the Property

Emory Donelson

Estate Properties License #01709558 Listed on: 07/28/2017

Last Buyer's Agent

Marko Jankovic

License #01939301

Home Details

Home Type

  • Single Family

Lot Details

  • 6,318 Sq Ft Lot
  • West Facing Home
  • Block Wall Fence
  • Drip System Landscaping
  • Sprinkler System
  • Lawn
  • Property is zoned LAR1

Parking

  • 2 Car Direct Access Garage

Home Design

  • Craftsman Architecture
  • Updated or Remodeled
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • French Doors
  • Living Room
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Open Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2203-023-002

Home Details

Home Type

Single Family

Lot Details

6,318 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: New energy efficient modern Craftsman home in prime Lake Balboa. Desertscape front yard with a water capturing rain garden leads up to the fully insulated home with vaulted ceilings, new dual pane windows and doors, solar roof vents and LED lighting throughout. Brand new kitchen with grey cabinetry, new low energy appliances and beautiful Calcutta gold marble countertops. A huge La Cantina 12ft wide & 8ft tall accordion door opens the entire living area to the landscaped backyard with deck and built-in fire pit. Master bedroom suite with vaulted ceilings and Carrera marble master bathroom and custom closet. Two additional bedrooms with custom closets share another bath with deep tub. Wide plank wood flooring throughout, new 200 amp electrical, copper plumbing and prewired for an electric car charging station and solar. Pre-wired for DTV & pre-installed surround speakers in the living room. Bring your toothbrush and move right in!
  • Entry Location: Ground Level w/steps
  • Living Area: 1650
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Suite
  • Common Walls: None
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Gourmet Kitchen, Marble Counters, Open to Family Room, Remodeled
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: No
  • Price Per S Q F T: 441.82

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Energy Efficient, French Doors, High Ceilings (9 Feet+), Sprinkler System
  • Tennis Court Y/N: No
  • Fence: Block
  • Patio: Patio Open, Porch - Front
  • Pool Description: Room For
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Garage - 2 Car
  • Total Parking: 4

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Garage
  • Water Heater: Gas, Tankless
  • Cooling: Central
  • Heating: Central
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Sprinklers: Drip System, Sprinkler System
  • Assessor Parcel Number: 2203-023-002
  • Geocode Override: No
  • Lot Description: Fenced, Landscaped, Lawn
  • Lot Size Area: 6318

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Lopez Jose Luis and Demarcos Asia
Bought by
Lopez Jose Luis
Current Estimated Value
$983,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,000
Outstanding Balance
$536,388
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$446,793

Purchase Details

Listed on
Jul 28, 2017
Closed on
Aug 15, 2017
Sold by
Perkins Development Group Inc
Bought by
Lopez Jose Luis and Demarcos Asia
Seller's Agent
Emory Donelson
Estate Properties
Buyer's Agent
Marko Jankovic
List Price
$729,000
Sold Price
$717,000
Premium/Discount to List
-$12,000
-1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%
Original Mortgage
$636,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2016
Sold by
Duronslet Russell
Bought by
Perkins Development Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2002
Sold by
Duronslet Russel
Bought by
Duronslet Russell and Duronslet Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.87%

Purchase Details

Closed on
Aug 3, 2000
Sold by
Dhp Investments Inc
Bought by
Duronslet Russel and Duronslet Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,560
Interest Rate
8.15%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 1999
Sold by
Ping Stella I
Bought by
Dhp Investments Inc

Purchase Details

Closed on
Jul 22, 1994
Sold by
Gidley Amparo
Bought by
Ping Stella I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,250
Interest Rate
4.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lopez Jose Luis $210,000 Servicelink Title
Lopez Jose Luis $717,000 Lawyers Title
Perkins Development Group Inc $375,000 Lawyers Title Company
Duronslet Russell -- Gateway Title Company
Duronslet Russel $169,954 Stewart Title
Dhp Investments Inc $97,000 Stewart Title
Ping Stella I -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Jose Luis $553,000
Previous Owner Lopez Jose Luis $636,000
Previous Owner Perkins Development Group Inc $350,000
Previous Owner Duronslet Russell $175,000
Previous Owner Duronslet Russel $168,560
Previous Owner Ping Stella I $81,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2017 08/22/17 Sold $717,000 -1.6% $435 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $729,000 -- $442 / Sq Ft
Source: The MLS

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 $10,035 $832,226 $499,121 $333,105
2024 $10,035 $815,909 $489,335 $326,574
2023 $9,568 $784,140 $470,266 $313,874
2022 $9,119 $768,766 $461,046 $307,720
2021 $9,004 $753,693 $452,006 $301,687
2019 $8,731 $731,340 $438,600 $292,740
2018 $8,672 $717,000 $430,000 $287,000
2016 $2,614 $216,251 $167,125 $49,126
2015 $2,575 $213,004 $164,615 $48,389
2014 $2,591 $208,833 $161,391 $47,442
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-255110

The MLS

APN: 2203-023-002

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