Check Availability

7059 Costello Avenue

7059 Costello Avenue, Van Nuys, CA 91405
Property in Van Nuys
Sold Oct 30, 2018
$585,000
$526,500 by United Wholesale Mortgage
Mortgage Due Nov 01, 2048
7059 Costello Avenue has been categorized by the local assessors in Van Nuys, CA as a residential type of property. The building on the property was first built in 1952 and is 72 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7059 Costello Avenue has 1,718 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 620 ft. The area measurement of the land has been determined as 7,687 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a hip style roof made of wood shake/ shingles. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 7059 Costello Avenue sold most recently in Oct 9, 2018 for a total of $585,000. If you work out the math, that's approximately a cost of $340.51 per sqft. 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 $8,128 in taxes each year. 7059 Costello Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $684,549. If we break it down further, the land itself was valued at $376,342. Improvements to the property, however, were assessed at a total of $308,207. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1952
  • Effective Year Built: 1952
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,687
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,718
  • Building Area: 1,718
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,718
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 17283
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 17283 LOT/SEC 23

Ownership

  • Current Owner : SHERBECHYAN MARINE
  • Previous Owner : PERKINS ROBERT L
  • Previous Owner 2: PERKINS SANDRA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 127920

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 15-E4
  • Subdivision Tract Number: 17283
  • Parcel: 2216-009-026
  • Lot: 23
  • Municipality: NORTH /VAN NUYS
  • Latitude: 34.1993
  • Longitude: -118.438

    Address

  • Full Address: 7059 Costello Ave
  • Address - House Number: 7059
  • Address - Street Name: Costello
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Van Nuys
  • Carrier Code: C026
  • 4-Digit Zip Code: 3306
  • Zip Code: 91405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,128
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,005,676
  • High Value: 1,230,341
  • Low Value: 781,010

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $526,500
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 30, 2018
  • First Open Lien Mortgage Loan Amount: $526,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $684,549
  • Assessed Land Value: $376,342
  • Assessed Improvements Value: $308,207

    Sales

  • Current Sale Contract Date: Oct 09, 2018
  • Current Sale Recording Date: Oct 30, 2018
  • Current Sale Transaction ID: 11527878924
  • Current Sale Price: $585,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-1100922

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Oct 30, 2018
  • First Mortgage Loan Amount: $526,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

About South Valley



Similar Buildings

Property at 7059 Costello Avenue,

6826 Hazeltine Avenue

  • 1 Unit for Sale
6826 Hazeltine Avenue, Van Nuys, CA 91405
Property at 7059 Costello Avenue,

6827 Ranchito Avenue

  • 1 Unit for Sale
  • 1 Story
6827 Ranchito Avenue, Van Nuys, CA 91405
Property at 7059 Costello Avenue,

6714 Hazeltine Avenue

  • 1 Unit for Sale
6714 Hazeltine Avenue, Van Nuys, CA 91405
Property at 7059 Costello Avenue,

14253 Vanowen Street

  • 1 Unit for Sale
14253 Vanowen Street, Van Nuys, CA 91405
Property at 7059 Costello Avenue,

14431 Valerio Street

  • 1 Unit for Sale
14431 Valerio Street, Van Nuys, CA 91405
Property at 7059 Costello Avenue,

14112 Haynes Street

  • 1 Unit for Sale
14112 Haynes Street, Van Nuys, CA 91401
Property at 7059 Costello Avenue,

14521 Sherman Way

  • 1 Unit for Sale
14521 Sherman Way, Van Nuys, CA 91405
Property at 7059 Costello Avenue,

14150 Haynes Street

  • 1 Unit for Sale
14150 Haynes Street, Van Nuys, CA 91401
Property at 7059 Costello Avenue,

13425 Vanowen Street

  • 1 Unit for Sale
13425 Vanowen Street, Van Nuys, CA 91405

Nearby Rentals

Unit for rent at 7044 Bevis Avenue, Van Nuys, CA, 91405

$1,700 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
7044 Bevis Avenue, Van Nuys, CA, 91405 Listing by Reina Ramirez
Unit for rent at 7112 Woodman Ave, Van Nuys, CA, 91405

$1,695 /mo

  • 1 Bed
  • 1 Bath
7112 Woodman Ave #7112 Woodman Ave Apt. 204, Van Nuys, CA, 91405 Listing by Manager

Frequently Asked Questions

What neighborhood is 7059 Costello Avenue located in?
The 7059 Costello Avenue is a located in the neighborhood of Van Nuys in South Valley, Van Nuys.
What is the average sales price for listings in 7059 Costello Avenue?
The average sales price for units in 7059 Costello Avenue is $0 currently.

Quantcast