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7116 Shoshone Avenue

7116 Shoshone Avenue, Van Nuys, CA 91406
Property in Lake Balboa
Sold Oct 06, 2021
$815,000
$692,750 by Mason Mcduffie Mortgage Corp
Mortgage Due Nov 01, 2051
Sold May 25, 2006
$575,000
$460,000 by Skyline Financial Corp
Mortgage Due Jun 01, 2036
7116 Shoshone Avenue in Van Nuys, CA was first built in 1951 and is 73 years old. Although, the building on the property was most recently renovated and altered in 1953. 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 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7116 Shoshone Avenue has 1,325 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 600 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 7,800 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 7116 Shoshone Avenue sold most recently in Sep 10, 2021 for a total of $815,000. If you work out the math, that's approximately a cost of $615.09 per sqft. Before that, the property was also sold for $575,000 in Apr 21, 2006. 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 $9,843 in taxes each year. The initial year of tax delinquency occurred in 2021. 7116 Shoshone Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $831,300. If we break it down further, the land itself was valued at $665,040. Improvements to the property, however, were assessed at a total of $166,260. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1951
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 7,800
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,325
  • Building Area: 1,325
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,325
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 15029
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 15029 LOT/SEC 27

Ownership

  • Current Owner : MARRERO CURTIS JAMES
  • Current Owner 2: WOOD COURTNEY MACK
  • Previous Owner : PARKER CRAIG E
  • Previous Owner 2: PARKER JENNIFER L
  • Owner Before Previous Owner: DAVID DWAYNE
  • Owner Before Previous Owner 2: DAVID JOANNE C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 132002

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 14-D4
  • Subdivision Tract Number: 15029
  • Parcel: 2228-025-017
  • Lot: 27
  • Municipality: NORTH /SOUTH RESEDA
  • Latitude: 34.1998
  • Longitude: -118.516

    Address

  • Full Address: 7116 Shoshone Ave
  • Address - House Number: 7116
  • Address - Street Name: Shoshone
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Van Nuys
  • Carrier Code: C006
  • 4-Digit Zip Code: 3530
  • Zip Code: 91406

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,843
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2141
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 893,529
  • High Value: 1,084,842
  • Low Value: 702,216

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $692,750
  • First Open Lien Mortgage Lender: MASON MCDUFFIE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 06, 2021
  • First Open Lien Mortgage Loan Amount: $692,750
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $831,300
  • Assessed Land Value: $665,040
  • Assessed Improvements Value: $166,260

    Sales

  • Current Sale Contract Date: Sep 10, 2021
  • Current Sale Recording Date: Oct 06, 2021
  • Current Sale Transaction ID: 11858591966
  • Current Sale Price: $815,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1517698
  • Previous Sale Recording Date: May 25, 2006
  • Previous Sale Contract Date: Apr 21, 2006
  • Previous Sale Amount: $575,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MASON MCDUFFIE MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 06, 2021
  • First Mortgage Loan Amount: $692,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SKYLINE FINANCIAL CORP
  • Previous Mortgage Transaction Date: May 25, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $460,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2036

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Frequently Asked Questions

What neighborhood is 7116 Shoshone Avenue located in?
The 7116 Shoshone Avenue is a located in the neighborhood of Lake Balboa in South Valley, Van Nuys.
What is the average sales price for listings in 7116 Shoshone Avenue?
The average sales price for units in 7116 Shoshone Avenue is $0 currently.

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