See Home Value
$859,218*
House - Off Market

7522 Forbes Avenue

Lake Balboa, CA 91406
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1878 Sqft
$527,000 - $643,000
Reference Base Price*
46.63%
Since Sep 1, 2019
National-US
Primary Model
Sold Aug 21, 2019
$565,000
$452,000 by Stearns Lending Llc
Mortgage Due Sep 01, 2049

About This Property

MOVE-IN READY, BRIGHT, SUNNY HOME WITH 3 BEDROOMS 1.5 BATHROOMS, FEATURES BEAUTIFUL HARDWOOD LAMINATED FLOORING IN MOST ROOMS. SPACIOUS DINING/LIVING ROOM, ENORMOUS DEN/DINING AREA WITH BEAMED CEILING,  ACROSS 1875 SQ. FT. OF LIVING SPACE, CHARMING BRICK FRONT PORCH, AND COVERED PATIO IN BACKYARD, OFFERS GREAT SPACE FOR ENTERTAINING OR JUST HANGING OUT. COPPER PLUMING THROUGHOUT, DROUGHT RESISTANT LANDSCAPING WITH DRIP IRRIGATION SYSTEM FRONT & BACK OF THE HOUSE,ORANGE & LEMON TREES, CENTRAL AIR & HEATING, PRIVATE BACKYARD WITH A SHED FOR EXTRA STORAGE, ONE CAR GARAGE AND BIG DRIVEWAY FOR EXTRA PARKING, TIDY AND WELL CARED FOR, GREAT LOCATION ON A QUIET STREET YET CONVENIENT TO SHOPPING AND PUBLIC TRANSPORTATION. THIS HOME OFFERS A GREAT POTENTIAL!

The manager has listed the unit size as 1878 square feet.
Unit Size
1,878Ft²
Days on Market
-
Land Size
6,959.00 acres
Price per sqft
$312
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948

Price History

Date / Event Date Event Price
Aug 29, 2019 No longer available -
No longer available
Aug 21, 2019 Sold to Alena Ivashova, Sevak Adamyan $565,000
Sold to Alena Ivashova, Sevak Adamyan
Jun 6, 2019 Listed $585,995
Listed
May 4, 2019 No longer available -
No longer available
Apr 18, 2019 Price Decreased $585,000
↓ $15K (2.5%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • 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: 6,959
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,878
  • Building Area: 1,878
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,878
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 14659
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 14659 LOT/SEC 52

Ownership

  • Current Owner : ADAMYAN SEVAK
  • Current Owner 2: IVASHOVA ALENA
  • Previous Owner : BUFFUM T PRICE
  • Previous Owner 2: BUFFUM THOMAS PRICE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 14-F3
  • Subdivision Tract Number: 14659
  • Parcel: 2226-023-023
  • Lot: 52
  • Municipality: NORTH /VAN NUYS WEST
  • Latitude: 34.2072
  • Longitude: -118.499

    Address

  • Full Address: 7522 Forbes Ave
  • Address - House Number: 7522
  • Address - Street Name: Forbes
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Van Nuys
  • Carrier Code: C019
  • 4-Digit Zip Code: 2741
  • Zip Code: 91406

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,132
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,012,557
  • High Value: 1,238,760
  • Low Value: 786,353

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $452,000
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Aug 21, 2019
  • First Open Lien Mortgage Loan Amount: $452,000
  • 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: Sep 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $593,913
  • Assessed Land Value: $475,131
  • Assessed Improvements Value: $118,782

    Sales

  • Current Sale Contract Date: Jul 10, 2019
  • Current Sale Recording Date: Aug 21, 2019
  • Current Sale Transaction ID: 11636282688
  • Current Sale Price: $565,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0841231

    Last Sale Mortgage

  • First Mortgage Lender: STEARNS LENDING LLC
  • First Mortgage Transaction Date: Aug 21, 2019
  • First Mortgage Loan Amount: $452,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2.5 Baths
1,170 ft²
$519/ft²
$607,000 Oct 28, 2023
-
$450/mo

About South Valley


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Frequently Asked Questions

When was property at 7522 Forbes Avenue built and last sold?
The property at 7522 Forbes Avenue was built in 1948 and last sold on Jul 10, 2019 for $565,000.
How much is this home worth?
The estimated value of the home located at 7522 Forbes Avenue is $626,407.
What are some comparable homes to 7522 Forbes Avenue?
There are currently no comparable homes to 7522 Forbes Avenue.

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