NOT LISTED FOR SALE

12955 Riverside Dr Unit 311 Sherman Oaks, CA 91423

Estimated Value: $550,000 - $780,000

2 Beds
2 Baths
1,283 Sq Ft
$425/mo HOA Fee

Last Sold July 17, 2020

Last sale price $495,000 $386 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,439/month

2 Days on Market

Highlights

  • Gated Parking
  • 0.72 Acre Lot
  • Community Pool
  • Ulysses S. Grant Senior High School Rated A-
  • Mountain View
  • Balcony

About This Home

As of July 2020

Spacious penthouse two bedroom two bathroom in a fantastic Sherman Oaks location. Situated on the back of the building, this quiet corner unit has only one shared wall offering excellent privacy. The living area opens to a private outdoor balcony perfect for soaking in some sun. Entertain in the separate dining area or enjoy some coffee at a table in the eat-in kitchen with granite counters, new subway tile backsplash, brand new wall oven and dishwasher. Relax in the expansive master suite with mountain and tree top views, generous closet space, and an additional vanity area attached to the en suite master bathroom. Common area laundry room is situated across the hall from the front door to this home allowing for very easy access. Gated parking with two side by side parking spots and a sparkling pool. This highly desirable Sherman Oaks location is one block from Whole Foods and only minutes from all of the wonderful shopping and restaurants on Ventura Blvd in Studio City and Sherman Oaks.

Last Agent to Sell the Property

Alison Ebbert

Berkshire Hathaway HomeServices California Properties License #01516799 Listed on: 06/04/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Anne Najar

Harvey Realty License #01217991

Harvey Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,459

Year Built

  • Built in 1964

Lot Details

  • 0.72

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Gated Parking
  • Controlled Entrance

Interior Spaces

  • 1,283 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Mountain Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23805
  • Assessor Parcel Number 2358019065

Community Details

Overview

  • 33 Units
  • Riverside Arms Condominium Owner''s Association, Phone Number (818) 349-2991
  • J And N Realty And Property Management HOA

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,459

Year Built

Built in 1964

Lot Details

0

HOA Fees

$425 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Other Phone Description: 323-270-7827
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2358019065
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1283.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 385.81
  • Room Type: Family Room

Exterior Features

  • View: Mountain(s)
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Controlled Entrance, Gated, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Gas Oven
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 425.00
  • Association Fee Frequency: Monthly
  • Association Name: Riverside Arms Condominium Owner''s Association
  • Phone: 818-349-2991
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: J and N Realty and property management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 31532.00
  • Lot Size Acres: 0.7239

Multi Family

  • Lease Considered: No
  • Lot Size Area: 31532.0000 Square Feet
  • Number Of Units In Community: 33
  • Number Of Units Total: 33

Tax Info

  • Tax Census Tract: 1247.00
  • Tax Lot: 1
  • Tax Tract Number: 23805

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jun 11, 2020
Sold by
Jorgensen Vince P and Hill Jorgensen Julie
Bought by
Gluck Adam
Seller's Agent
Alison Ebbert
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Anne Najar
Harvey Realty
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$655,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,642
Avg. Annual Appreciation
5.58%
Original Mortgage
$396,000
Outstanding Balance
$351,147
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$305,859

Purchase Details

Closed on
May 7, 2019
Sold by
Jorgensen Vince and Jorgensen Julie
Bought by
Jorgensen Vince P and Hill Jorgensen Julie M

Purchase Details

Listed on
Mar 24, 2017
Closed on
Apr 7, 2017
Sold by
Venesse Nadla
Bought by
Jorgensen Vince and Jorgensen Julie
Seller's Agent
Larry Merton
Re/Max Luxe
Buyer's Agent
Alison Ebbert
Berkshire Hathaway HomeServices California Properties
List Price
$429,000
Sold Price
$446,000
Premium/Discount to List
$17,000
3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$356,800
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2015
Closed on
Aug 13, 2015
Sold by
Stine Laura
Bought by
Venesse Nadia
Seller's Agent
Shirley Geiringer
Pegasus Real Estate Unlimited
Buyer's Agent
Stefanie Kahn
Sotheby's International Realty
List Price
$409,000
Sold Price
$405,000
Premium/Discount to List
-$4,000
-0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$324,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2008
Sold by
Lawrence Diane M and Lawrence Diane Michele
Bought by
Stine Laura E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,125
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2004
Sold by
Lawrence Charles and Charles Lawrence Trust
Bought by
Lawrence Diane Michele

Purchase Details

Closed on
Oct 13, 2003
Sold by
Lawrence Charles Edward
Bought by
Lawrence Charles and Charles Lawrence Trust

Purchase Details

Closed on
Aug 28, 2003
Sold by
Lawrence Diane Michele
Bought by
Lawrence Charles Edward

Purchase Details

Closed on
Feb 11, 2002
Sold by
Lawrence Charles
Bought by
Lawrence Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.13%

Purchase Details

Closed on
Jan 30, 2002
Sold by
Bloom Dora and Bloom Richard
Bought by
Lawrence Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Gluck Adam $495,000 California Title Company
Jorgensen Vince P -- None Available
Jorgensen Vince $446,000 Usa National Title Company
Venesse Nadia $405,000 North American Title Company
Stine Laura E $375,000 Fidelity Van Nuys
Lawrence Diane Michele -- --
Lawrence Charles -- --
Lawrence Charles Edward $500 --
Lawrence Diane M -- --
Lawrence Diane M -- --
Lawrence Diane M $175,000 Equity Title Company
Lawrence Diane M $175,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gluck Adam $396,000
Previous Owner Jorgensen Vince $356,800
Previous Owner Venesse Nadia $324,000
Previous Owner Stine Laura E $337,125
Previous Owner Lawrence Diane M $140,000
Closed Lawrence Diane M $26,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $495,000 0.0% $386 / Sq Ft
06/04/2020 06/04/20 For Sale $495,000 +11.0% $386 / Sq Ft
05/09/2017 05/09/17 Sold $446,000 +4.0% $348 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $429,000 +5.9% $334 / Sq Ft
09/18/2015 09/18/15 Sold $405,000 -1.0% $316 / Sq Ft
08/18/2015 08/18/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $409,000 -- $319 / 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 $6,459 $535,801 $396,818 $138,983
2024 $6,459 $525,296 $389,038 $136,258
2023 $6,334 $514,997 $381,410 $133,587
2022 $6,037 $504,900 $373,932 $130,968
2021 $5,959 $495,000 $366,600 $128,400
2020 $5,819 $473,297 $345,210 $128,087
2019 $5,588 $464,018 $338,442 $125,576
2018 $5,563 $454,920 $331,806 $123,114
2016 $4,926 $405,000 $285,100 $119,900
2015 $4,901 $409,837 $294,101 $115,736
2014 $3,983 $325,000 $233,000 $92,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20077019

California Regional Multiple Listing Service (CRMLS)

APN: 2358-019-065