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7129 Forbes Avenue

7129 Forbes Avenue, Van Nuys, CA 91406
Property in Lake Balboa
Sold Jun 21, 2023
$1,100,000
$1,080,076 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2053
Sold Dec 13, 2000
$200,000
$160,000 by Greenpoint Mtg Funding Inc
Mortgage Due Jan 01, 2031
7129 Forbes 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 2007 and is 17 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 7129 Forbes Avenue has 2,525 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 3,100 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 5,162 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 A by the local assessor. The building has a gable style roof made of composition shingle. The inside of the home is being cooled with central air conditioning at the moment. 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, 7129 Forbes Avenue sold most recently in May 19, 2023 for a total of $1,100,000. If you work out the math, that's approximately a cost of $435.64 per sqft. Before that, the property was also sold for $200,000 in Oct 10, 2000. 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 $4,830 in taxes each year. 7129 Forbes Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $395,068. If we break it down further, the land itself was valued at $56,151. Improvements to the property, however, were assessed at a total of $338,917. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • 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: 5,162
  • Lot Size Depth Feet: 3,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,525
  • Building Area: 2,525
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,525
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1338
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PM 361-61-63 LOT A

Ownership

  • Current Owner : ZHAKSHYLYKOVA AIDAI
  • Previous Owner : MENDOZA RIGOBERTO
  • Owner Before Previous Owner: PETERSON STANLEY F
  • Owner Before Previous Owner 2: PETERSON HELEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 132102

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 14-F3
  • Subdivision Tract Number: 1338
  • Parcel: 2225-018-039
  • Lot: A
  • Municipality: NORTH /VAN NUYS WEST
  • Latitude: 34.2002
  • Longitude: -118.499

    Address

  • Full Address: 7129 Forbes Ave
  • Address - House Number: 7129
  • Address - Street Name: Forbes
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Van Nuys
  • Carrier Code: C005
  • 4-Digit Zip Code: 3724
  • Zip Code: 91406

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,830
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2106
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 71
  • Final Value: 1,109,293
  • High Value: 1,343,017
  • Low Value: 875,569

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,080,076
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 21, 2023
  • First Open Lien Mortgage Loan Amount: $1,080,076
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $395,068
  • Assessed Land Value: $56,151
  • Assessed Improvements Value: $338,917

    Sales

  • Current Sale Contract Date: May 19, 2023
  • Current Sale Recording Date: Jun 21, 2023
  • Current Sale Transaction ID: 11908144545
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 403129
  • Previous Sale Recording Date: Dec 13, 2000
  • Previous Sale Contract Date: Oct 10, 2000
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jun 21, 2023
  • First Mortgage Loan Amount: $1,080,076
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: GREENPOINT MTG FUNDING INC
  • Previous Mortgage Transaction Date: Dec 13, 2000
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2031

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Frequently Asked Questions

What neighborhood is 7129 Forbes Avenue located in?
The 7129 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 7129 Forbes Avenue?
The average sales price for units in 7129 Forbes Avenue is $0 currently.

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