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7431 Louise Avenue

7431 Louise Avenue, Van Nuys, CA 91406
Property in Lake Balboa
Sold Nov 09, 2007
$390,000
$312,000 by Countrywide Bank Fsb
Mortgage Due Dec 01, 2037
7431 Louise Avenue in Van Nuys, CA was first built in 1950 and is 74 years old. Although, the building on the property was most recently renovated and altered in 1951. 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 7 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. 7431 Louise Avenue has 1,268 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 500 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 5,913 square feet.

Learn more about the property and building on this page. The home has a hip 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, 7431 Louise Avenue sold most recently in Oct 25, 2007 for a total of $390,000. If you work out the math, that's approximately a cost of $307.57 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 $6,791 in taxes each year. 7431 Louise Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $568,117. If we break it down further, the land itself was valued at $410,310. Improvements to the property, however, were assessed at a total of $157,807. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1951
  • Building Count: 1
  • Total Rooms: 7
  • 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: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,913
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,268
  • Building Area: 1,268
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,268
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 16180
  • Land Acres: 0.136
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 16180 LOT/SEC 123

Ownership

  • Current Owner : ORANGE AYESHA
  • Previous Owner : HEATH CARL L
  • Previous Owner 2: HEATH CARL L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 131900

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 14-E3
  • Subdivision Tract Number: 16180
  • Parcel: 2202-010-021
  • Lot: 123
  • Municipality: NORTH /EAST RESEDA
  • Latitude: 34.2056
  • Longitude: -118.51

    Address

  • Full Address: 7431 Louise Ave
  • Address - House Number: 7431
  • Address - Street Name: Louise
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Van Nuys
  • Carrier Code: C019
  • 4-Digit Zip Code: 2428
  • Zip Code: 91406

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,791
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2253
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 802,960
  • High Value: 983,887
  • Low Value: 622,034

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $312,000
  • First Open Lien Mortgage Lender: COUNTRYWIDE BANK FSB
  • First Open Lien Mortgage Recording Date: Nov 09, 2007
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $312,000
  • 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: Dec 01, 2037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $568,117
  • Assessed Land Value: $410,310
  • Assessed Improvements Value: $157,807

    Sales

  • Current Sale Contract Date: Oct 25, 2007
  • Current Sale Recording Date: Nov 09, 2007
  • Current Sale Transaction ID: 1000664798
  • Current Sale Price: $390,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 07-2519150

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE BANK FSB
  • First Mortgage Transaction Date: Nov 09, 2007
  • First Mortgage Loan Amount: $312,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2037

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 7431 Louise Avenue located in?
The 7431 Louise Avenue is a located in the neighborhood of Lake Balboa in South Valley, Van Nuys.
What is the average sales price for listings in 7431 Louise Avenue?
The average sales price for units in 7431 Louise Avenue is $0 currently.

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