Seller's Agent in 2025
Alison Gilbert
Nourmand & Associates-HW
(323) 369-3464
2 in this area
36 Total Sales
7660 Ostrom Ave Van Nuys, CA 91406
3
Beds
1
Bath
1,102
Sq Ft
7,968
Sq Ft Lot
Highlights
- Solar Power System
- Wood Flooring
- Screened Patio
- Traditional Architecture
- No HOA
- Laundry Room
About This Home
As of September 2025On a beautiful tree lined street, stands this classic 1950's traditional in the best pocket of Lake Balboa! Huge yard with tons of potential and walking distance to highly rated Stagg Elementary School. Light and bright interior with focal point fireplace in living room and original hardwood floors throughout. New roof, newer double paned windows and new garage door. Outdoor space includes a covered patio (recently screened!), large flat yard for future pool or ADU (or both) and two mature fig trees. Detached two car garage with spacious concrete pad in back for an extension or conversion. The seller has installed solar panels, upgraded electrical panel, installed newer kitchen appliances and updated front yard to drought tolerant landscaping. This home is full of charm and potential - don't miss out!
Last Agent to Sell the Property
Nourmand & Associates-HW License #01879624 Listed on: 07/30/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1951
Lot Details
- 7,968 Sq Ft Lot
- Lot Dimensions are 59x135
- Property is zoned LAR1
Parking
- 2 Car Garage
- Driveway
Home Design
- Traditional Architecture
- Raised Foundation
- Asphalt Roof
Interior Spaces
- 1,102 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
Kitchen
- Oven or Range
- Microwave
- Water Line To Refrigerator
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Additional Features
- Solar Power System
- Screened Patio
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2203-003-027
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2025
Closed on
Aug 14, 2025
Sold by
Riddle Danette
Bought by
Burns Shay M
Seller's Agent
Alison Gilbert
Nourmand & Associates-HW
Buyer's Agent
Bryan McElroy
Sotheby's International Realty
List Price
$860,000
Sold Price
$870,000
Premium/Discount to List
$10,000
1.16%
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,064
Avg. Annual Appreciation
-4.38%
Original Mortgage
$590,000
Outstanding Balance
$589,491
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$270,445
Purchase Details
Listed on
Jun 25, 2020
Closed on
Jul 10, 2020
Sold by
Spector Eric and Spector Shana R
Bought by
Riddle Danette
Seller's Agent
Justin Bonney
Clear Way Real Estate
Buyer's Agent
Justin Bonney
Clear Way Real Estate
List Price
$599,000
Sold Price
$635,000
Premium/Discount to List
$36,000
6.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$603,250
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 29, 2010
Sold by
Silbarsoup Llc
Bought by
Spector Eric and Leonard Shana R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 22, 2009
Sold by
Banos Manuel A and Banos Rebeca
Bought by
Silbarsoup Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $870,000 | Chicago Title Company | |
| Grant Deed | $635,000 | Fidelity National Title Co | |
| Grant Deed | $370,000 | Progressive Title Company | |
| Trustee Deed | $236,400 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $590,000 | New Conventional | |
| Previous Owner | $603,250 | New Conventional | |
| Previous Owner | $320,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/05/2025 09/05/25 | Sold | $870,000 | +1.2% | $789 / Sq Ft | |
| 08/08/2025 08/08/25 | Pending | -- | -- | -- | |
| 07/30/2025 07/30/25 | For Sale | $860,000 | +35.4% | $780 / Sq Ft | |
| 08/07/2020 08/07/20 | Sold | $635,000 | +6.0% | $576 / Sq Ft | View Prior Sale |
| 06/25/2020 06/25/20 | Pending | -- | -- | -- | |
| 06/25/2020 06/25/20 | For Sale | $599,000 | -- | $544 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $8,329 | $687,341 | $549,874 | $137,467 |
| 2024 | $8,329 | $673,865 | $539,093 | $134,772 |
| 2023 | $8,168 | $660,653 | $528,523 | $132,130 |
| 2022 | $7,788 | $647,700 | $518,160 | $129,540 |
| 2021 | $7,693 | $635,000 | $508,000 | $127,000 |
| 2020 | $5,385 | $436,700 | $307,816 | $128,884 |
| 2019 | $5,173 | $428,138 | $301,781 | $126,357 |
| 2018 | $5,101 | $419,744 | $295,864 | $123,880 |
| 2016 | $4,869 | $403,446 | $284,376 | $119,070 |
| 2015 | $4,798 | $397,387 | $280,105 | $117,282 |
| 2014 | $4,819 | $389,604 | $274,619 | $114,985 |
Source: Public Records
Agents Affiliated with this Home
-
Alison Gilbert
-
Bryan McElroy
Buyer's Agent in 2025
Bryan McElroy
Sotheby's International Realty
(310) 849-5072
1 in this area
23 Total Sales
-
Justin Bonney
Seller's Agent in 2020
Justin Bonney
Clear Way Real Estate
(818) 392-4884
26 in this area
94 Total Sales
Map
Source: The MLS
MLS Number: 25571519
APN: 2203-003-027
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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