Check Availability

7651 Oak Park Avenue

7651 Oak Park Avenue, Van Nuys, CA 91406
Property in Lake Balboa
Sold Jan 04, 2022
$765,000
$612,000 by Home Point Financial Corporati
Mortgage Due Jan 01, 2052
Sold Jun 03, 2016
$400,000
$103,000 by First Rate Financial Group
Mortgage Due Jun 01, 2046
7651 Oak Park Avenue in Van Nuys, CA was first built in 1949 and is 75 years old. 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 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7651 Oak Park Avenue has 1,254 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 590 ft and the linear feet between the front and back of the lot is 1,340. In total, the area measurement of the land is 7,906 square feet.

Learn more about the property and building on this page. The home has a gable 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. Walk into the home itself and you'll find that it is currently being cooled with a evaporative cooler. As for heating, the home is utilizing floor/wall heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in May 13, 2021 for $765,000. That's $610.05 per sqft. Prior to that sales transaction, the property was also sold in Apr 13, 2016 for $400,000. 7651 Oak Park Avenue was last assessed in 2023. The total value of the property was assessed at $780,300. Specifically, the land the property is located on was valued at $624,240. While improvements on the property were assessed at a total of $156,060. 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 $6,219. 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! 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: 1949
  • Building Count: 1
  • Total Rooms: 6
  • 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: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,906
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,254
  • Building Area: 1,254
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Evaporative cooler
  • Heating: Floor/wall
  • Heated Square Feet: 1,254
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 12813
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 12813 LOT/SEC 126

Ownership

  • Current Owner : RICHARDS DANIEL
  • Current Owner 2: HUTCHINSON BRUCE
  • Previous Owner : LACHER LORI ELLEN
  • Previous Owner 2: LORI ELLEN LACHER TRUST
  • Owner Before Previous Owner: BONITTO MICHELLE
  • Ownership Rights Codes: Married Man as his sole & separate 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: 12813
  • Parcel: 2203-008-009
  • Lot: 126
  • Municipality: NORTH /EAST RESEDA
  • Latitude: 34.2099
  • Longitude: -118.505

    Address

  • Full Address: 7651 Oak Park Ave
  • Address - House Number: 7651
  • Address - Street Name: Oak Park
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Van Nuys
  • Carrier Code: C017
  • 4-Digit Zip Code: 2120
  • Zip Code: 91406

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,219
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2132
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 874,310
  • High Value: 1,060,734
  • Low Value: 687,885

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $612,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Jan 04, 2022
  • First Open Lien Mortgage Loan Amount: $612,000
  • 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: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $780,300
  • Assessed Land Value: $624,240
  • Assessed Improvements Value: $156,060

    Sales

  • Current Sale Contract Date: May 13, 2021
  • Current Sale Recording Date: Jan 04, 2022
  • Current Sale Transaction ID: 11876301527
  • Current Sale Price: $765,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 22-0009628
  • Previous Sale Recording Date: Jun 03, 2016
  • Previous Sale Contract Date: Apr 13, 2016
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST RATE FINANCIAL GROUP
  • Previous Mortgage Transaction Date: Jun 03, 2016
  • Previous Mortgage Loan Amount: $103,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2046

About South Valley



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7651 Oak Park Avenue located in?
The 7651 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 7651 Oak Park Avenue?
The average sales price for units in 7651 Oak Park Avenue is $0 currently.

Quantcast