NOT LISTED FOR SALE

13903 Sherman Way Unit 2 Van Nuys, CA 91405

Van Nuys Neighborhood

Estimated Value: $453,000 - $477,000

2 Beds
2 Baths
1,012 Sq Ft
$288/mo HOA Fee

Last Sold August 09, 2021

Last sale price $380,000 $375 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,229/month

15 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Car Attached Garage
  • Walk-In Closet
  • End Unit
  • Eat-In Kitchen
  • Resident Manager or Management On Site

About This Home

As of August 2021

Major Price Improvement!!! Don't miss this opportunity. WHY RENT when you can own this Beautiful & Spacious 2 bedroom 2 bath Condo with the low HOA Dues. This Light and Bright unit has Updated flooring & bathrooms, super cozy fireplace in the living room that is very inviting with a balcony off the living-room, open floor plan concept and bedrooms tucked away down the hallway, which offer nice privacy . Kitchen is equipped with stainless steel appliances (Refrigerator, gas range/oven, dishwasher and microwave). Master bedroom has walk-in closet and extra bedroom could be used as a bedroom or an office. Gated Parking garage with 2 assigned spaces with electronic entry. The building has a secured lobby entrance. It is in a turn-key condition and has potentials for any buyer to put their own personal touches and stamp on it. The low HOA DUES makes this investment very attractive whether it is purchased for owner occupied or as a rental unit. HOA Dues cover water and trash. This is a small complex with only 14 units in the building with secured access, this unit is located on the main floor. Convenience of the location is out of this world with Ralph's supermarket, shops and restaurants all within walking distance and public transportation at your door step. Convenient freeway access to the 405 & 170.

Last Agent to Sell the Property

Ziba Gregorian

Emerald Realty License #01865005 Listed on: 06/25/2021

Last Buyer's Agent

LeVar Porter

Keller Williams South Bay License #02057551

Keller Williams South Bay

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,889

Year Built

  • Built in 1979

Lot Details

  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Wrought Iron Fence

HOA Fees

  • $288 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Assigned Parking
  • Controlled Entrance

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,012 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Laminate Flooring
  • Closed Circuit Camera
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Rain Gutters

Schools

  • Van Nuys High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 38194
  • Assessor Parcel Number 2216005030

Community Details

Overview

  • Master Insurance
  • 14 Units
  • Sherman Way HOA, Phone Number (818) 568-7261
  • Sf Valley Management HOA

Amenities

  • Laundry Facilities

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,889

Year Built

Built in 1979

Lot Details

0

HOA Fees

$288 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Closed Circuit Camera(s)
  • View: No
  • Zoning: LAR3
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2216005030
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1012.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit, No One Below
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Family Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 375.49
  • Room Type: Family Room, Kitchen, Master Bathroom, Master Bedroom, Walk-In Closet

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Gas Oven, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Trash, Water, Call for Rules, Management, Controlled Access
  • Association Fee: 288.00
  • Association Fee Frequency: Monthly
  • Association Name: Sherman Way HOA
  • Phone: 818-568-7261
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Gutters
  • Association Management: SF Valley Management

Schools

  • School District: Los Angeles Unified
  • High School: Van Nuys
  • High School: Van Nuys
  • High School2: VANNUY

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 11286.00
  • Lot Size Acres: 0.2591

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11286.0000 Square Feet
  • Number Of Units In Community: 14
  • Number Of Units Total: 14

Tax Info

  • Tax Census Tract: 1271.04
  • Tax Lot: 1
  • Tax Tract Number: 38194

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Jul 15, 2021
Sold by
Alvari Forouzan
Bought by
Mitchell Jarrod James
Seller's Agent
Ziba Gregorian
Emerald Realty
Buyer's Agent
LeVar Porter
Keller Williams South Bay
List Price
$399,900
Sold Price
$380,000
Premium/Discount to List
-$19,900
-4.98%
Current Estimated Value
$462,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,911
Avg. Annual Appreciation
5.19%
Original Mortgage
$342,000
Outstanding Balance
$312,109
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$153,170

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jun 9, 2015
Sold by
Abalos Lina A and The Jose B Dumdum Jr Revocable
Bought by
Alvari Forouzan
Seller's Agent
Gloria Gebr
JohnHart Real Estate
List Price
$279,900
Sold Price
$280,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$251,972
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2012
Sold by
Dumdum Jose B
Bought by
Dumdum Jose B and Dumdum Jr Revocable Liv Jose B
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Mitchell Jarrod James $380,000 North American Title Company
Alvari Forouzan $280,000 Orange Coast Title Company
Dumdum Jose B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Jarrod James $342,000
Previous Owner Alvari Forouzan $251,972
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $380,000 +0.3% $375 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
07/07/2021 07/07/21 Price Changed $379,000 -5.2% $375 / Sq Ft
06/25/2021 06/25/21 For Sale $399,900 +42.8% $395 / Sq Ft
06/10/2015 06/10/15 Sold $280,000 0.0% $277 / Sq Ft
05/07/2015 05/07/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $279,900 -- $277 / 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 $4,889 $403,257 $244,396 $158,861
2024 $4,889 $395,351 $239,604 $155,747
2023 $4,795 $387,600 $234,906 $152,694
2022 $4,569 $380,000 $230,300 $149,700
2021 $3,786 $310,884 $166,656 $144,228
2020 $3,823 $307,698 $164,948 $142,750
2019 $3,672 $301,665 $161,714 $139,951
2018 $3,654 $295,751 $158,544 $137,207
2016 $3,485 $284,269 $152,389 $131,880
2015 $1,855 $154,460 $46,173 $108,287
2014 -- $151,435 $45,269 $106,166
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21134040

California Regional Multiple Listing Service (CRMLS)

APN: 2216-005-030