NOT LISTED FOR SALE

7522 Forbes Ave van Nuys, CA 91406

Lake Balboa Neighborhood

Estimated Value: $842,000 - $986,000

3 Beds
1.5 Baths
1,878 Sq Ft
$499/Sq Ft Est. Value

Last Sold August 22, 2019

Last sale price $565,000 $301 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,728/month

25 Days on Market

Highlights

  • Main Floor Bedroom
  • Covered Patio or Porch
  • Bathtub with Shower
  • No HOA
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of August 2019

MOVE-IN READY, BRIGHT, SUNNY HOME WITH 3 BEDROOMS 1.5 BATHROOMS, FEATURES BEAUTIFUL HARDWOOD LAMINATED FLOORING IN MOST ROOMS. SPACIOUS DINING/LIVING ROOM, ENORMOUS DEN/DINING AREA WITH BEAMED CEILING, ACROSS 1875 SQ. FT. OF LIVING SPACE, CHARMING BRICK FRONT PORCH, AND COVERED PATIO IN BACKYARD, OFFERS GREAT SPACE FOR ENTERTAINING OR JUST HANGING OUT. COPPER PLUMING THROUGHOUT, DROUGHT RESISTANT LANDSCAPING WITH DRIP IRRIGATION SYSTEM FRONT & BACK OF THE HOUSE,ORANGE & LEMON TREES, CENTRAL AIR & HEATING, PRIVATE BACKYARD WITH A SHED FOR EXTRA STORAGE, ONE CAR GARAGE AND BIG DRIVEWAY FOR EXTRA PARKING, TIDY AND WELL CARED FOR, GREAT LOCATION ON A QUIET STREET YET CONVENIENT TO SHOPPING AND PUBLIC TRANSPORTATION. THIS HOME OFFERS A GREAT POTENTIAL!

Last Agent to Sell the Property

Jose L Lira

Pinnacle Estate Properties License #01919947 Listed on: 06/06/2019

Pinnacle Estate Properties

Last Buyer's Agent

DAVID ADAMYAN

COLDWELL BANKER TOWN & COUNTRY License #01941728

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,619

Year Built

  • Built in 1948

Lot Details

  • 6,959 Sq Ft Lot
  • Block Wall Fence
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Interior Spaces

  • 1,878 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 52
  • Tax Tract Number 14659
  • Assessor Parcel Number 2226023023

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,619

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2226023023
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1878.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 300.85
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom
  • Bathroom Features: Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Brick, Covered, Front Porch, Screened
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 6959.00
  • Lot Size Acres: 0.1598
  • Latitude Manual: 34.20726400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6959.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1321.02
  • Tax Lot: 52
  • Tax Tract Number: 14659

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 10, 2019
Sold by
Buffum T Price and Buffum Thomas Price
Bought by
Adamyan Sevak and Ivashova Alena
Seller's Agent
Jose L Lira
Pinnacle Estate Properties
Buyer's Agent
DAVID ADAMYAN
COLDWELL BANKER TOWN & COUNTRY
List Price
$585,995
Sold Price
$565,000
Premium/Discount to List
-$20,995
-3.58%
Current Estimated Value
$936,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,513
Avg. Annual Appreciation
8.76%
Original Mortgage
$452,000
Outstanding Balance
$396,726
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$539,787
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
Adamyan Sevak $565,000 Priority Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adamyan Sevak $452,000
Previous Owner Buffum T Price $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2019 08/22/19 Sold $565,000 -3.6% $301 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $585,995 -- $312 / 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 $7,619 $617,905 $494,325 $123,580
2024 $7,619 $605,790 $484,633 $121,157
2023 $7,475 $593,913 $475,131 $118,782
2022 $7,132 $582,268 $465,815 $116,453
2021 $7,040 $570,852 $456,682 $114,170
2019 $2,553 $196,515 $76,569 $119,946
2018 $2,421 $192,663 $75,068 $117,595
2016 $2,292 $185,184 $72,154 $113,030
2015 $2,260 $182,404 $71,071 $111,333
2014 $2,274 $178,832 $69,679 $109,153
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jose L Lira

    Pinnacle Estate Properties

    (818) 239-2021

    30 Total Sales

    Jose L Lira
    Section Image

  • D

    Buyer's Agent in 2019

    DAVID ADAMYAN

    COLDWELL BANKER TOWN & COUNTRY

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19132918

California Regional Multiple Listing Service (CRMLS)

APN: 2226-023-023

California Los Angeles County Van Nuys 91406 Lake Balboa

7522 Forbes Ave, Van Nuys, CA

This home is located at 7522 Forbes Ave, van Nuys, CA 91406 since 06 June 2019 and is currently estimated at $936,513, approximately $498 per square foot. This property was built in 1948. 7522 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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