$620,000
SOLD FEB 21, 2025

11911 Magnolia Blvd Unit 40 Valley Village, CA 91607

2 Beds
2 Baths
1,461 Sq Ft
$625/mo HOA Fee

Recently Sold

$424 Per Sq Ft

7% Below List Price

91 Days on Market

Highlights

  • Heated Pool
  • No Units Above
  • Open Floorplan
  • North Hollywood Senior High School Rated A
  • 1.24 Acre Lot
  • High Ceiling

About This Home

As of February 2025

Welcome to this one of a kind Turnkey Condo featuring Two Bed and Two full size bathrooms plus a bonus office/pantry area with plenty of storage space! With high ceilings and natural lighting you’ll be amazed how spacious the condo is. This condo also comes with updated newer kitchen boasting in cabinet space, stainless steel appliances, new laminate floors that is water-resistant, recess lights throughout the living area, updated fireplace, and granite countertops. Central air/heat and washer/dryer in unit. You also get two balconies that you can access from the dining area or the master bedroom. Featuring an expansive master bedroom with high ceilings that has enough space to set up a working station, a walk-in closet, and natural light. You can also find secure entries, elevator, a fitness center, sparkling pool/spa, plus plenty of guest parking. Earthquake insurance is included in the HOA! Located in the heart of Valley Village, close to the 170 and 101 freeways and walking distance to the highly sought after Colfax Charter Elementary School. This is the perfect home you don’t want to miss!

Last Agent to Sell the Property

Shannon Yoon

Circa Properties, Inc. License #02038537 Listed on: 10/10/2024

Circa Properties, Inc.

Last Buyer's Agent

Fay Manoucheri

LRS Realty & Management Inc. License #02043086

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • No Units Above
  • End Unit
  • 1 Common Wall

HOA Fees

  • $625 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Automatic Gate
  • Parking Lot

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 1,461 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Plantation Shutters
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Walk-In Pantry
  • Convection Oven
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Heated Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Living Room Balcony
  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heating Available
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2348009132

Community Details

Overview

  • 40 Units
  • Magnolia Tree Villas Association, Phone Number (818) 907-6622
  • Ross Morgan &Company HOA

Recreation

  • Community Pool
  • Community Spa

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0

HOA Fees

$625 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Smoke Detector(s)
  • View: No
  • Zoning: LARD1.5
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2348009132
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1461.00 Square Feet
  • Interior Amenities: Balcony, Crown Molding, Elevator, Granite Counters, High Ceilings, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Unfurnished
  • Stories: 3
  • Common Walls: 1 Common Wall, End Unit, No One Above
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 424.37
  • Room Type: Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association
  • Window Features: Plantation Shutters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Enclosed, Porch, Rear Porch
  • Pool Features: Association, Fenced, Heated
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
  • Heating Type: Fireplace(s)
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 229
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 625.00
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Tree Villas
  • Phone: 818-907-6622
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Ross Morgan &Company

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 54000.00
  • Lot Size Acres: 1.2397

Multi Family

  • Lease Considered: No
  • Lot Size Area: 54000.0000 Square Feet
  • Number Of Units In Community: 40
  • Number Of Units Total: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Jan 14, 2025
Sold by
Scott And Libby Yoon Family Trust and Yoon Scott
Bought by
Fmk Family Living Trust and Khoubian
Seller's Agent
Shannon Yoon
Circa Properties, Inc.
Buyer's Agent
Fay Manoucheri
LRS Realty & Management Inc.
List Price
$670,000
Sold Price
$620,000
Premium/Discount to List
-$50,000
-7.46%
Views
184
Current Estimated Value
$638,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,319
Avg. Annual Appreciation
3.53%
Original Mortgage
$300,000
Outstanding Balance
$297,704
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$340,615

Purchase Details

Listed on
Jun 5, 2019
Closed on
Jun 28, 2019
Sold by
Cruz Christopher and Lim Suy H
Bought by
Yoon Scott and Yoon Libby
Seller's Agent
Peter Divito
The Agency
Buyer's Agent
Marc Hernandez
Compass
List Price
$549,000
Sold Price
$565,000
Premium/Discount to List
$16,000
2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.68%
Original Mortgage
$508,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2004
Sold by
Lim Suy
Bought by
Cruz Christopher Anthony

Purchase Details

Closed on
Aug 5, 2003
Sold by
Lim Suy H and Cruz Christopher Anthony
Bought by
Cruz Christopher Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2003
Sold by
Gary April A
Bought by
Lim Suy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2002
Sold by
Kellman Pamela
Bought by
Gary April A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,920
Interest Rate
6.17%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $620,000 California Best Title
Grant Deed $565,000 Fidelity National Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Provident Title Company
Grant Deed $285,000 Provident Title Company
Grant Deed $240,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $508,500 New Conventional
Previous Owner $228,000 Purchase Money Mortgage
Previous Owner $191,920 No Value Available
Closed $47,980 No Value Available
Closed $42,750 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2025 02/21/25 Sold $620,000 -7.5% $424 / Sq Ft
01/15/2025 01/15/25 For Sale $670,000 0.0% $459 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
10/10/2024 10/10/24 For Sale $670,000 0.0% $459 / Sq Ft
09/04/2023 09/04/23 Rented $3,200 0.0% --
08/18/2023 08/18/23 Price Changed $3,200 -8.6% $2 / Sq Ft
07/24/2023 07/24/23 For Rent $3,500 0.0% --
07/23/2019 07/23/19 Sold $565,000 +2.9% $387 / Sq Ft View Prior Sale
06/05/2019 06/05/19 For Sale $549,000 -- $376 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,454 $617,906 $397,648 $220,258
2024 $7,454 $605,791 $389,851 $215,940
2023 $7,310 $593,913 $382,207 $211,706
2022 $6,967 $582,268 $374,713 $207,555
2021 $6,878 $570,852 $367,366 $203,486
2020 $6,947 $565,000 $363,600 $201,400
2019 $4,349 $363,234 $213,482 $149,752
2018 $4,319 $356,113 $209,297 $146,816
2016 $4,114 $342,287 $201,171 $141,116
2015 $4,054 $337,147 $198,150 $138,997
2014 $4,070 $330,544 $194,269 $136,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS24210905

California Regional Multiple Listing Service (CRMLS)

APN: 2348-009-132