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6614 Forbes Avenue

6614 Forbes Avenue, Van Nuys, CA 91406
Property in Lake Balboa
Sold Mar 21, 2005
$475,000
$219,000 by United Wholesale Mortgage
Mortgage Due Jun 01, 2036
Sold Jun 21, 2004
$396,000
$336,600 by Wmc Mortgage Corp
Mortgage Due Jul 01, 2034
6614 Forbes Avenue in Van Nuys, CA was first built in 1950 and is 74 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 6614 Forbes Avenue has 1,125 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 510 ft and the linear feet between the front and back of the lot is 1,180. In total, the area measurement of the land is 6,008 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 6614 Forbes Avenue sold most recently in Mar 2, 2005 for a total of $475,000. If you work out the math, that's approximately a cost of $422.22 per sqft. Before that, the property was also sold for $396,000 in May 3, 2004. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,453 in taxes each year. 6614 Forbes Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $636,383. If we break it down further, the land itself was valued at $480,038. Improvements to the property, however, were assessed at a total of $156,345. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,008
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 510
  • Total Building Area: 1,125
  • Building Area: 1,125
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,125
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 16189
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 16189 LOT/SEC 118

Ownership

  • Current Owner : LEVY BRIAN WILLIAM
  • Previous Owner : LOPEZ MANUEL
  • Owner Before Previous Owner: SWOPE MARION JOYCE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 132101

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 14-F4
  • Subdivision Tract Number: 16189
  • Parcel: 2231-020-005
  • Lot: 118
  • Municipality: NORTH /VAN NUYS WEST
  • Latitude: 34.1908
  • Longitude: -118.499

    Address

  • Full Address: 6614 Forbes Ave
  • Address - House Number: 6614
  • Address - Street Name: Forbes
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Van Nuys
  • Carrier Code: C031
  • 4-Digit Zip Code: 5510
  • Zip Code: 91406

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,453
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2174
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 70
  • Final Value: 905,736
  • High Value: 1,102,667
  • Low Value: 708,804

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $219,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 09, 2021
  • First Open Lien Mortgage Loan Amount: $219,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $636,383
  • Assessed Land Value: $480,038
  • Assessed Improvements Value: $156,345

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 02, 2005
  • Current Sale Recording Date: Mar 21, 2005
  • Current Sale Transaction ID: 1028419015
  • Current Sale Price: $475,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 05-0636343
  • Previous Sale Recording Date: Jun 21, 2004
  • Previous Sale Contract Date: May 03, 2004
  • Previous Sale Amount: $396,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Mar 21, 2005
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WMC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 21, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $336,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2034

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Frequently Asked Questions

What neighborhood is 6614 Forbes Avenue located in?
The 6614 Forbes Avenue is a located in the neighborhood of Lake Balboa in South Valley, Van Nuys.
What is the average sales price for listings in 6614 Forbes Avenue?
The average sales price for units in 6614 Forbes Avenue is $0 currently.

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