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7737 Oak Park Avenue

7737 Oak Park Avenue, Van Nuys, CA 91406
Property in Lake Balboa
Sold Jun 21, 2018
$575,000
$453,100 by Pacific Union Financial Llc
Mortgage Due Jul 01, 2048
Sold May 25, 2012
$360,000
$353,479 by Pmac Lending Services Inc
Mortgage Due Jun 01, 2042
7737 Oak Park 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 1949 and is 75 years old. However, we must point out that the home was most recently renovated and altered in 1951. The home has a total of 7 rooms. 3 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, 7737 Oak Park Avenue has 1,160 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 1,340 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 8,041 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. Love to swim? You'll be excited to find out that there is a pool on the property. 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in May 21, 2018 for $575,000. That's $495.69 per sqft. Prior to that sales transaction, the property was also sold in Apr 10, 2012 for $360,000. 7737 Oak Park Avenue was last assessed in 2023. The total value of the property was assessed at $628,844. Specifically, the land the property is located on was valued at $503,076. While improvements on the property were assessed at a total of $125,768. 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 $7,383. 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. 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: 1949
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,041
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,160
  • Building Area: 1,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,160
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 12813
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 12813 LOT/SEC 135

Ownership

  • Current Owner : IBRAHIM NADIR F
  • Current Owner 2: KOLTA RANIA
  • Previous Owner : FITCH VALERIE
  • Owner Before Previous Owner: LGS INVESTMENTS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 131100

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 14-E2
  • Subdivision Tract Number: 12813
  • Parcel: 2203-007-008
  • Lot: 135
  • Municipality: NORTH /EAST RESEDA
  • Latitude: 34.2114
  • Longitude: -118.505

    Address

  • Full Address: 7737 Oak Park Ave
  • Address - House Number: 7737
  • Address - Street Name: Oak Park
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Van Nuys
  • Carrier Code: C017
  • 4-Digit Zip Code: 2122
  • Zip Code: 91406

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,383
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2129
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 898,939
  • High Value: 1,090,395
  • Low Value: 707,484

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $691,500
  • First Open Lien Mortgage Lender: PACIFIC UNION FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Jun 21, 2018
  • First Open Lien Mortgage Loan Amount: $453,100
  • 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: Jul 01, 2048
  • Second Open Lien Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Jan 13, 2023
  • Second Open Lien Mortgage Loan Amount: $238,400
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 26, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $628,844
  • Assessed Land Value: $503,076
  • Assessed Improvements Value: $125,768

    Sales

  • Current Sale Contract Date: May 21, 2018
  • Current Sale Recording Date: Jun 21, 2018
  • Current Sale Transaction ID: 11473471799
  • Current Sale Price: $575,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-0622242
  • Previous Sale Recording Date: May 25, 2012
  • Previous Sale Contract Date: Apr 10, 2012
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC UNION FINANCIAL LLC
  • First Mortgage Transaction Date: Jun 21, 2018
  • First Mortgage Loan Amount: $453,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: PMAC LENDING SERVICES INC
  • Previous Mortgage Transaction Date: May 25, 2012
  • Previous Mortgage Loan Amount: $353,479
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2042

About South Valley



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Frequently Asked Questions

What neighborhood is 7737 Oak Park Avenue located in?
The 7737 Oak Park Avenue is a located in the neighborhood of Lake Balboa in South Valley, Van Nuys.
What is the average sales price for listings in 7737 Oak Park Avenue?
The average sales price for units in 7737 Oak Park Avenue is $0 currently.

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