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Sold for $950,000
  • Tax assessed value
    $950,000

    7023 Petit Ave, Van Nuys, CA 91406

    3beds
    1,726sqft
    Single Family Residence
    Built in 1953
    6,534 Square Feet Lot
    $993,400 Zestimate®
    $550/sqft
    $4,440 Estimated rent

    Home value

    $993,400

    $944,000 - $1.04M

    $4,440/mo

    Zestimate® history
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    What's special

    Come enjoy life at this cultural, classic, and charming California single-story home in Lake Balboa! Nostalgic wood floors and gorgeous wood-framed windows and doors throughout welcome the California sunshine and feature finishes that continue to inspire today. Enter the welcoming living room with an inviting, cozy brick fireplace, creating an ideal space for relaxation and gatherings. The kitchen is spacious and equipped with high-end Viking appliances that combine style and functionality, making meal preparation a joy. A seated kitchen bar flows into the dining room, creating a perfect place to gather and enjoy meals and drinks with loved ones. A versatile bonus room bathed in natural light offers flexible space for an office, playroom, or additional living area. The primary bedroom is a private retreat, featuring a large walk-in closet, an en-suite bathroom with a shower, and direct access to the backyard through sliding doors. The rear yard is a great size and boasts a covered patio area, perfect for dining and entertaining. The outdoor space is thoughtfully designed with decomposed granite, fruit trees, and is fully enclosed with custom block walls. Inside, there is an additional full bath with a shower/ tub and two additional roomy bedrooms. Custom moldings, baseboards, and crown moldings as well as fresh, tasteful designer paint throughout, making this home move-in ready! The great flow and excellent interior lighting ensure a bright and airy feel in every room. This charming home is a rare find, offering the perfect mix of classic charm and modern convenience with upgrades such as recessed lighting, a high-end tankless water heater, and updated plumbing. Attached two-car garage! Convenient access to the 101 and 405 freeways, ample dining and shopping options, plus close proximity to Lake Balboa, the Japanese Garden, and so much more! Truly a residence for the curated Southern California lifestyle! Don't miss the opportunity to make this house your new home!

    Zillow last checked:

    Listing updated:

    Listed by:

    Elena Radosavcev DRE #01948449 818-917-2587,

    Prime Realty Inc.

    Bought with:

    Roza Malkhasyan

    Source: CSMAOR,MLS#: 224002030MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central Furnace
    Cooling
    • Central Air
    Appliances
    • Included: Tankless Water Heater, Dishwasher, Disposal, Gas Dryer Hookup, Refrigerator
    • Laundry: In Unit, In Kitchen
    Features
    • Recessed Lighting
    • Flooring: Hardwood
    • Has fireplace: Yes
    • Fireplace features: Other, Living Room
    Interior area
    • Total structure area: 1,726
    • Total interior livable area: 1,726 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Ground Level w/Steps
    • Patio & porch: Covered
    • Fencing: Block,Fenced,Full
    • Has view: Yes
    Lot
    • Size: 6,534 Square Feet
    Details
    • Parcel number: 2225012016
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick, Siding, Stucco
    • Foundation: Raised
    • Roof: Tile
    Condition
    • Turnkey
    • Year built: 1953

    Utilities & green energy

    • Sewer: Public Sewer, In Street
    • Water: Public, In Street
    Green energy
    • Energy efficient items: Water Heater

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Van Nuys

    Financial & listing details

    • Price per square foot: $550/sqft
    • Tax assessed value: $950,000
    • Annual tax amount: $11,616
    • Date on market: 5/24/2024
    • Cumulative days on market: 27 days
    • Listing terms: VA Loan,Take Property As Is,Submit,FHA,Conventional,Cash to New Loan,Cash

    Price history

    DateEventPrice
    7/3/2024Sold$950,000+2.3%$550/sqft
    Source: CSMAOR #224002030 Report a problem
    6/20/2024Pending sale$929,000$538/sqft
    Source: CSMAOR #224002030 Report a problem
    5/29/2024Contingent$929,000$538/sqft
    Source: CSMAOR #224002030 Report a problem
    5/24/2024Listed for sale$929,000+37134.5%$538/sqft
    Source: CSMAOR #224002030 Report a problem
    10/20/2016Listing removed$2,950+23.2%$2/sqft
    Source: Aviara Real Estate Report a problem
    4/20/2011Listing removed$2,495$1/sqft
    Source: <b>Aviara Real Estate</b> #F11029624 Report a problem
    4/12/2011Listed for sale$2,495-99.5%$1/sqft
    Source: <b>Aviara Real Estate</b> #F11029624 Report a problem
    4/11/2011Listing removed$2,395$1/sqft
    Source: Aviara Real Estate #F11029624 Report a problem
    4/8/2011Price change$2,395-5.5%$1/sqft
    Source: Aviara Real Estate #F11029624 Report a problem
    3/15/2011Price change$2,535-5.9%$1/sqft
    Source: Aviara Real Estate #F11029624 Report a problem
    3/11/2011Listed for rent$2,695$2/sqft
    Source: Aviara Real Estate #F11029624 Report a problem
    8/4/2004Sold$480,000+53.8%$278/sqft
    Source: Public Record Report a problem
    5/30/2002Sold$312,000$181/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,616 +42.2%$950,000 +44.8%
    2024$8,170 +1.9%$655,942 +2%
    2023$8,014 +4.9%$643,081 +2%
    2022$7,643 +1.3%$630,472 +2%
    2021$7,546 -1%$618,111 +1%
    2020$7,620 $611,774 +2%
    2019$7,620 +5.5%$599,780 +2%
    2018$7,220 $588,021 +2%
    2017$7,220 +2.3%$576,492 +19.9%
    2016$7,061 +19.9%$480,900 +5.7%
    2015$5,889 +3.1%$455,000
    2014$5,713 $455,000 +56.9%
    2012-- $290,000
    2011-- $290,000
    2010-- $290,000
    2009-- $290,000 -43.1%
    2008-- $509,378 +2%
    2007-- $499,391 +2%
    2006-- $489,600
    2005-- $489,600 +51%
    2004-- $324,181 +1.9%
    2003-- $318,240 +428.2%
    2002-- $60,253 +4%
    2000-- $57,914
    Find assessor info on the county website

    Neighborhood: Lake Balboa

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $993,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $993,400