NOT LISTED FOR SALE

7542 Collett Ave van Nuys, CA 91406

Estimated Value: $1,086,000 - $1,151,000

4 Beds
2 Baths
1,622 Sq Ft
$690/Sq Ft Est. Value

Sale Details

Date Sold: March 1, 2022

Last sale price $1,075,025 $663 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,769 / mo

About This Home

A RARE MUST SEE!!! So often we assume we can't have a slice of nostalgic ranch-style living when we own homes in the city, but this garden lover's paradise proves you can have your cake and eat it too. This beautiful urban homestead property features tons of mature and exotic fruit trees, as well as two raised garden beds for growing your own herbs and vegetables, in addition to a built-in chicken coop and custom composting pile. It's a 3 bed, 2 bath pool home that includes a converted/insulated garage that's been used as an office/workout studio, which also has an additionally approved attached 300 sq. ft. storage room that can easily be converted into a studio sized guest house or rental. With an electric driveway gate, the tall, modern style fence offers tons of privacy and plenty of parking. The backyard has a pool, patio and outdoor grill/bar for entertaining! Enjoy keeping clutter out of the main area of your home with a converted sun room turned full laundry room as well as a large custom walk-in closet near the master bedroom...and did we mention the newly remodeled modern kitchen?! Don't worry though, even with all the upgrades and built-ins, the previous owners have still maintained it's 1940's style charm with character-filled touches like the original hardwood floors, for a tasteful blend of cottage core and clean modern lines. This home's innovation of space shows you can feel what it's like to live a more natural Mediterranean Villa lifestyle and still be close to the city/entertainment industry. Located next to the Van Nuys Flyaway and the 405 Fwy., traveling will always be exceptionally easy, all while allowing quick access to the exciting conveniences that the San Fernando Valley is known for, with their amazing restaurants/shopping and a quick 20-40 min drive to beaches! This could be the perfect starter home for a young couple or anyone of any age looking to experience this lifestyle! Act fast! This unique one-of-a-kind gem will NOT be on the market long!!!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2022
Closed on
Feb 16, 2022
Sold by
Vorus Cowart William and Vorus Marie Amber
Bought by
Zane Stanley Revocable Trust
Seller's Agent
Jeff Atkinson
Everhome Realty, Inc.
Buyer's Agent
Kim Allen
RE/MAX One
List Price
$1,075,000
Sold Price
$1,075,025
Premium/Discount to List
$25
0.002%
Current Estimated Value
$1,055,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,430
Avg. Annual Appreciation
0.96%

Purchase Details

Closed on
Jun 29, 2006
Sold by
Bates Mark
Bought by
Cowart William Vorus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2000
Sold by
Silverman Sheldon
Bought by
Bates Mark and Bates Allison L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,100
Interest Rate
8.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zane Stanley Revocable Trust $1,075,500 New Title Company Name
Cowart William Vorus $545,000 Fidelity National Title
Bates Mark $199,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cowart William Vorus $436,000
Previous Owner Bates Mark $179,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2022 03/01/22 Sold $1,075,025 0.0% $663 / Sq Ft View Prior Sale
01/08/2022 01/08/22 For Sale $1,075,000 -- $663 / Sq Ft

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 $13,604 $1,140,796 $744,648 $396,148
2024 $13,604 $1,118,429 $730,048 $388,381
2023 $13,421 $1,096,500 $715,734 $380,766
2022 $8,360 $701,652 $550,449 $151,203
2021 $8,254 $687,895 $539,656 $148,239
2019 $7,388 $615,000 $463,000 $152,000
2018 $7,166 $590,000 $444,000 $146,000
2016 $5,922 $490,000 $368,900 $121,100
2015 $5,434 $449,000 $338,000 $111,000
2014 $5,564 $449,000 $338,000 $111,000
Source: Public Records

Agents Affiliated with this Home

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