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7431 Paso Robles Avenue

7431 Paso Robles Avenue, Van Nuys, CA 91406
Property in Lake Balboa
Sold Mar 31, 2022
$760,000
$608,000 by Rocket Mortgage Llc
Mortgage Due Apr 01, 2052
Sold Jul 08, 2008
$325,000
$319,978 by Plaza Home Mortgage Inc
Mortgage Due Jul 01, 2038
7431 Paso Robles 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 1950 and is 74 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7431 Paso Robles Avenue has 850 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 1,150 ft and across the front of the lot is 580 ft. The area measurement of the land has been determined as 6,699 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 composition shingle. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing floor/wall heating system. The property was last sold in Mar 4, 2022 for $760,000. That's $894.12 per sqft. Prior to that sales transaction, the property was also sold in Jul 1, 2008 for $325,000. 7431 Paso Robles Avenue was last assessed in 2023. The total value of the property was assessed at $775,200. Specifically, the land the property is located on was valued at $620,160. While improvements on the property were assessed at a total of $155,040. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,831. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 5
  • 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: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,699
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 580
  • Total Building Area: 850
  • Building Area: 850
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 850
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 14349
  • Land Acres: 0.154
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 14349 LOT/SEC 102

Ownership

  • Current Owner : SHAUL YUVAL
  • Previous Owner : DANIEL MESTAS JR
  • Previous Owner 2: DANIEL VANESSA
  • Owner Before Previous Owner: MIECKE JOHN H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

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

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 14-E3
  • Subdivision Tract Number: 14349
  • Parcel: 2203-026-014
  • Lot: 102
  • Municipality: NORTH /EAST RESEDA
  • Latitude: 34.2058
  • Longitude: -118.503

    Address

  • Full Address: 7431 Paso Robles Ave
  • Address - House Number: 7431
  • Address - Street Name: Paso Robles
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Van Nuys
  • Carrier Code: C026
  • 4-Digit Zip Code: 2615
  • Zip Code: 91406

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,831
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2132
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 766,671
  • High Value: 930,145
  • Low Value: 603,198

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $608,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 31, 2022
  • First Open Lien Mortgage Loan Amount: $608,000
  • 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: Apr 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $775,200
  • Assessed Land Value: $620,160
  • Assessed Improvements Value: $155,040

    Sales

  • Current Sale Contract Date: Mar 04, 2022
  • Current Sale Recording Date: Mar 31, 2022
  • Current Sale Transaction ID: 11883739009
  • Current Sale Price: $760,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 360484
  • Previous Sale Recording Date: Jul 08, 2008
  • Previous Sale Contract Date: Jul 01, 2008
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 31, 2022
  • First Mortgage Loan Amount: $608,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PLAZA HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Jul 08, 2008
  • Previous Mortgage Loan Amount: $319,978
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2038

About South Valley



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Frequently Asked Questions

What neighborhood is 7431 Paso Robles Avenue located in?
The 7431 Paso Robles 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 Paso Robles Avenue?
The average sales price for units in 7431 Paso Robles Avenue is $0 currently.

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