NOT LISTED FOR SALE

7550 Zombar Ave Unit 1 Van Nuys, CA 91406

Estimated Value: $527,000 - $633,000

3 Beds
3 Baths
1,542 Sq Ft
$300/mo HOA Fee

Last Sold May 18, 2022

Last sale price $485,000 $315 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,784/month

76 Days on Market

Highlights

  • Art Studio
  • Gated Community
  • Bonus Room
  • In Ground Pool
  • 0.82 Acre Lot
  • Home Office

About This Home

As of May 2022

Beautiful 3 Bedroom 2.5 Bathroom Tri-level Condo in heart of Van Nuys. Large Kitchen, bedrooms, closets. Lots of storage space. Spacious interior. Large Master bedroom w/ multiple closets, garden tub/shower combo, Private bedroom balcony. Large 2nd/3rd bedrooms, Large bonus room possible 4th bdrm/Office on bottom/3rd level. Private 1st floor Patio. Fireplace in living room. raised Dining room, Lots of windows. Lots of beautiful Natural light. 2-car garage w/auto opener. Great potential!!! Needs simple low cost upgrades, carpet, paint, caulking. Has Front Security gate w keypad for added security, need code to enter. Property is a must see. Available now, view by appointment. Pending cancellation of current escrow. Tenancy end date 5/20/22.

Last Agent to Sell the Property

ShaRon Lewis

Real Estate eBroker, Inc. License #01434546 Listed on: 12/29/2021

Real Estate eBroker, Inc.

Last Buyer's Agent

Neal Schnitzer

Anvil Real Estate License #02098918

Anvil Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,268

Year Built

  • Built in 1981

Lot Details

  • 1 Common Wall
  • Security Fence

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Planned Development

Interior Spaces

  • 1,542 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Game Room
  • Art Studio
  • Workshop
  • Home Gym
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Outdoor Features

  • In Ground Pool
  • Living Room Balcony

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, insurance, repairs, water
  • Tax Lot 1
  • Tax Tract Number 38324
  • Assessor Parcel Number 2222014071
  • $193 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • Zombar HOA, Phone Number (818) 785-6363
  • Secondary HOA Phone (818) 231-8722
  • Scott Newlander HOA
  • Maintained Community

Recreation

  • Community Pool

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $360
  • Other Expense $3,600
  • Operating Expense $3,960
  • Gross Income $25,920
  • Net Operating Income $21,960

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,268

Year Built

Built in 1981

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 505000
  • Property Attached: Yes
  • Security: Gated Community
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential Income
  • Parcel Number: 2222014071
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Living Room Balcony
  • Stories: 3
  • Entry Location: Front Gate/Garage
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Stone
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 314.53
  • Room Type: All Bedrooms Up, Art Studio, Bonus Room, Exercise Room, Game Room, Living Room, Master Bathroom, Master Bedroom, Office, Walk-In Closet, Workshop

Exterior Features

  • Fence: Yes
  • Fencing: Security
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Electric: 220 Volts in Garage
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Maintenance Grounds, Trash
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Zombar HOA
  • Phone: 818-785-6363
  • Association Phone #2: 818-231-8722
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks
  • Association Management: Scott Newlander

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 35554.00
  • Lot Size Acres: 0.8162
  • Latitude Manual: 34.20823100

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Insurance, Repairs, Water

Multi Family

  • Gross Income: 25920.00
  • Gross Scheduled Income: 25920.00
  • Insurance Expense: 360.00
  • Lot Size Area: 35554.0000 Square Feet
  • Net Operating Income: 21960.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 1
  • Operating Expense: 3960.00
  • Other Expense: 3600.00
  • Other Expense Description: HOA
  • Rent Control: No
  • Total Actual Rent: 2160.00
  • Total Expenses: 3960.00

Tax Info

  • Tax Area: 16
  • Tax Census Tract: 1273.00
  • Tax Lot: 1
  • Tax Tract Number: 38324
  • TaxOtherAnnualAssessmentAmount: 193.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2006
Sold by
Bridges Betty A
Bought by
Bridges Betty A and Bridges Betty Alice
Current Estimated Value
$564,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2006
Sold by
Bridges Betty A and Bridges Betty Alice
Bought by
Bridges Betty A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2001
Sold by
Bridges Betty A
Bought by
Bridges Betty A and Bridges Betty Alice
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
Bridges Betty A -- None Available
Bridges Betty A -- Chicago Title
Bridges Betty A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bridges Betty A $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2022 05/18/22 Sold $485,000 0.0% $315 / Sq Ft
05/18/2022 05/18/22 Sold $485,000 -4.0% $315 / Sq Ft View Prior Sale
05/11/2022 05/11/22 Price Changed $505,000 0.0% $327 / Sq Ft
05/11/2022 05/11/22 For Sale $505,000 0.0% $327 / Sq Ft
05/11/2022 05/11/22 Price Changed $505,000 0.0% $327 / Sq Ft
05/11/2022 05/11/22 For Sale $505,000 +2.0% $327 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
03/15/2022 03/15/22 Pending -- -- --
02/24/2022 02/24/22 Price Changed $495,000 0.0% $321 / Sq Ft
02/24/2022 02/24/22 Price Changed $495,000 -2.0% $321 / Sq Ft
01/14/2022 01/14/22 Price Changed $505,000 0.0% $327 / Sq Ft
01/14/2022 01/14/22 Price Changed $505,000 -1.0% $327 / Sq Ft
12/29/2021 12/29/21 For Sale $510,000 0.0% $331 / Sq Ft
12/04/2021 12/04/21 For Sale $510,000 -- $331 / 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 $6,268 $514,684 $154,405 $360,279
2024 $6,268 $504,593 $151,378 $353,215
2023 $6,147 $494,700 $148,410 $346,290
2022 $2,631 $207,853 $62,532 $145,321
2021 $2,591 $203,778 $61,306 $142,472
2019 $2,515 $197,737 $59,489 $138,248
2018 $2,485 $193,861 $58,323 $135,538
2016 $2,360 $186,335 $56,059 $130,276
2015 $2,327 $183,537 $55,217 $128,320
2014 $2,342 $179,943 $54,136 $125,807
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PT21269859

California Regional Multiple Listing Service (CRMLS)

APN: 2222-014-071