NOT LISTED FOR SALE

13903 Sherman Way Unit 5 Van Nuys, CA 91405

Van Nuys Neighborhood

Estimated Value: $437,194 - $464,000

2 Beds
1 Bath
913 Sq Ft
$300/mo HOA Fee

Last Sold May 17, 2023

Last sale price $415,000 $455 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,224/month

13 Days on Market

Highlights

  • Mountain View
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of May 2023

Wonderful 2 bedroom 1 bath condo nestled in the heart of Van Nuys, where comfort and convenience meet in perfect harmony. Newer tile flooring, Newer double paned vinyl windows, newer paint and recessed lighting are just a few of the interior features. The cozy gas fireplace is perfect for those chilly evenings, and the balcony off the living room offers a lovely space to relax and take in the fresh air. The master bedroom features a walk-in closet, providing ample space to store all your essentials. With a gated parking garage that includes 2 assigned spaces and electronic entry/exit gate, you can rest easy knowing that your vehicles are safe and secure. The building also boasts a secured lobby entrance, offering added peace of mind. Conveniently located in the heart of Van Nuys, this unit puts you just moments away from all the best that this vibrant community has to offer. From local dining and shopping to entertainment and outdoor recreation, you'll find everything you need right at your fingertips. The nicest seller you'll ever meet !

Last Agent to Sell the Property

Carl Izbicki

EPLA Homes License #01092798 Listed on: 03/30/2023

EPLA Homes

Last Buyer's Agent

Artak Avanesyan

Markarian Realty License #02177002

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,217

Year Built

  • Built in 1979

Lot Details

  • 0.26

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Mountain
  • Neighborhood

Interior Spaces

  • 913 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • 1 Common Wall
  • Central Heating and Cooling System

Community Details

  • 15 Units
  • Valley Association, Phone Number (424) 777-5193
  • Valley

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 38194
  • Assessor Parcel Number 2216005033
  • $134 per year additional tax assessments

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,217

Year Built

Built in 1979

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2216005033
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 913.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 454.55
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Valley
  • Phone: 424777-5193
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Valley
  • Association Management: Valley

Schools

  • School District: Los Angeles Unified

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: 15
  • Number Of Units Total: 15

Tax Info

  • Tax Census Tract: 1271.04
  • Tax Lot: 1
  • Tax Tract Number: 38194
  • TaxOtherAnnualAssessmentAmount: 134.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
Apr 12, 2023
Sold by
Akop 1938 Trust
Bought by
Edilyan Elen
Seller's Agent
Carl Izbicki
EPLA Homes
Buyer's Agent
Artak Avanesyan
Markarian Realty
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Views
72
Current Estimated Value
$450,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,549
Avg. Annual Appreciation
3.79%
Original Mortgage
$332,000
Outstanding Balance
$323,008
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$127,541

Purchase Details

Closed on
Mar 23, 2017
Sold by
Undjian Barseg
Bought by
Undjian Barseg Bob and The Akop 1938 Trust

Purchase Details

Closed on
Oct 5, 2000
Sold by
Grant Jennifer
Bought by
Undjian Barseg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
7.88%
Source: Public Records

Range of Values:

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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
Edilyan Elen $415,000 Progressive Title Company
Undjian Barseg Bob -- None Available
Undjian Barseg $70,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edilyan Elen $332,000
Previous Owner Undjian Barseg $114,900
Previous Owner Undjian Barseg $120,000
Previous Owner Undjian Barseg $100,000
Previous Owner Undjian Barseg $72,000
Previous Owner Undjian Barseg $66,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2023 05/17/23 Sold $415,000 -2.4% $455 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $425,000 -- $465 / 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 $5,217 $431,765 $248,551 $183,214
2024 $5,217 $423,300 $243,678 $179,622
2023 $1,355 $101,358 $20,264 $81,094
2022 $1,292 $99,371 $19,867 $79,504
2021 $1,272 $97,424 $19,478 $77,946
2019 $1,234 $94,536 $18,901 $75,635
2018 $1,219 $92,683 $18,531 $74,152
2016 $1,155 $89,086 $17,812 $71,274
2015 $1,139 $87,749 $17,545 $70,204
2014 $1,150 $86,031 $17,202 $68,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23051398

California Regional Multiple Listing Service (CRMLS)

APN: 2216-005-033