Check Availability

7947 Driscoll Avenue

7947 Driscoll Avenue, Van Nuys, CA 91406
Property in Lake Balboa
Sold Mar 13, 2020
$661,000
$528,800 by City National Bank
Mortgage Due Apr 01, 2050
7947 Driscoll 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 1954 and is 70 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 7947 Driscoll Avenue has 1,235 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 970 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 7,063 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. The inside of the home is being cooled with a evaporative cooler at the moment. In terms of heating, it is utilizing a central heating system. The property was last sold in Feb 13, 2020 for $661,000. That's $535.22 per sqft. 7947 Driscoll Avenue was last assessed in 2023. The total value of the property was assessed at $694,825. Specifically, the land the property is located on was valued at $551,761. While improvements on the property were assessed at a total of $143,064. 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 $8,229. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1954
  • Effective Year Built: 1954
  • 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: 7,063
  • Lot Size Depth Feet: 970
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,235
  • Building Area: 1,235
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Evaporative cooler
  • Heating: Central heating
  • Heated Square Feet: 1,235
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 15923
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 15923 LOT/SEC 88

Ownership

  • Current Owner : JONES VINCENT
  • Current Owner 2: JONES KALEY
  • Previous Owner : MARTIN JAIME
  • Previous Owner 2: ARROYO CECILIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 14-E2
  • Subdivision Tract Number: 15923
  • Parcel: 2204-015-009
  • Lot: 88
  • Municipality: NORTH /EAST RESEDA
  • Latitude: 34.2152
  • Longitude: -118.508

    Address

  • Full Address: 7947 Driscoll Ave
  • Address - House Number: 7947
  • Address - Street Name: Driscoll
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Van Nuys
  • Carrier Code: C018
  • 4-Digit Zip Code: 1015
  • Zip Code: 91406

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,229
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2106
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 71
  • Final Value: 883,972
  • High Value: 1,070,221
  • Low Value: 697,722

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $528,800
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Mar 13, 2020
  • First Open Lien Mortgage Loan Amount: $528,800
  • 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, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $694,825
  • Assessed Land Value: $551,761
  • Assessed Improvements Value: $143,064

    Sales

  • Current Sale Contract Date: Feb 13, 2020
  • Current Sale Recording Date: Mar 13, 2020
  • Current Sale Transaction ID: 11749339925
  • Current Sale Price: $661,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0301209

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATIONAL BANK
  • First Mortgage Transaction Date: Mar 13, 2020
  • First Mortgage Loan Amount: $528,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

About South Valley



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 6701 Andasol Avenue, Van Nuys, CA, 91406

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,610 ft²
6701 Andasol Avenue, Van Nuys, CA, 91406 Listing by Mirna Cruz
Unit for rent at 17405 Lull, Northridge, CA, 91325

$5,300 /mo

  • 4 Beds
  • 2 Baths
  • 2,215 ft²
17405 Lull, Northridge, CA, 91325 Listing by Eduardo Morales

Frequently Asked Questions

What neighborhood is 7947 Driscoll Avenue located in?
The 7947 Driscoll Avenue is a located in the neighborhood of Lake Balboa in South Valley, Van Nuys.
What is the average sales price for listings in 7947 Driscoll Avenue?
The average sales price for units in 7947 Driscoll Avenue is $0 currently.

Quantcast