NOT LISTED FOR SALE

13941 Sherman Way Unit 405 Van Nuys, CA 91405

Estimated Value: $500,000 - $632,000

2 Beds
2 Baths
1,110 Sq Ft
$375/mo HOA Fee

Last Sold January 13, 2022

Last sale price $475,000 $428 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,759/month

5 Days on Market

Highlights

  • Fitness Center
  • Spanish Architecture
  • Elevator
  • 0.57 Acre Lot
  • Breakfast Area or Nook
  • Walk-In Closet

About This Home

As of January 2022

Welcome to specious and bright 2bed and 2bath condominium located in heart of Van Nuys and just few minutes away from shopping, restaurants at Ventura Blvd Strip. This lovely home boasts an open concept floor with balcony that leads you to upgraded kitchen with stainless -steal appliances and granite counter tops. The large master bedroom also includes a private balcony with bathroom and specious walk in closet. Bright second bedroom could be used for an office for working from home. All kitchen appliances , washer and dryer combo inside the unit are included. Well maintained unit, with two assigned parking spaces in the garage. HOA monthly fee covers water, trash and building maintenance such as landscaping, elevator service, gym and recreation room and more. This one of a kind unit is a must see!

Last Agent to Sell the Property

Katarzyna Kopek

Rodeo Realty License #02063229 Listed on: 12/10/2021

Rodeo Realty

Last Buyer's Agent

Armik Youssefian

License #00974299

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,078

Year Built

  • Built in 2006

Lot Details

  • 0.57

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • Spanish Architecture
  • Entry on the 4th floor

Interior Spaces

  • 1,110 Sq Ft Home
  • Carpet
  • Laundry in unit
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Parking

  • 2 Covered Spaces
  • Assigned Parking
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2216-005-070

Community Details

Overview

  • 31 Units
  • Maintained Community

Amenities

  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,078

Year Built

Built in 2006

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Spanish
  • Street Number Display: Yes
  • Complex Name: Sherman Way Villas
  • Entry Floor: 4
  • Living Area: 1110
  • Lot Acreage: 0.5718
  • Planned Urban Dev: 0
  • Unit Floor In Building: 4
  • Year Built: 2006
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Refrigerator, Range/Oven
  • Price Per S Q F T: 431.53

Exterior Features

  • Pool: No
  • View: Any
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Controlled Entrance, Assigned
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Elevator, Exercise Room, Assoc Maintains Landscape
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 375.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 2216-005-070
  • Lot Size Area: 24908

Multi Family

  • Number Of Units: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Dec 20, 2021
Sold by
Marcron Properties Llc
Bought by
Hayrapetyan Ashkhen and Hayrapetyan Artak
Seller's Agent
Katarzyna Kopek
Rodeo Realty
Buyer's Agent
Armik Youssefian
List Price
$479,000
Sold Price
$475,000
Premium/Discount to List
-$4,000
-0.84%
Current Estimated Value
$540,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,497
Avg. Annual Appreciation
3.52%
Original Mortgage
$425,000
Outstanding Balance
$390,573
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$149,924

Purchase Details

Closed on
Mar 30, 2017
Sold by
13941 Sherman Way Llc
Bought by
Marcron Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,700
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage
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
Hayrapetyan Ashkhen $475,000 Progressive Title
Marcron Properties Llc $1,455,000 Fntg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayrapetyan Ashkhen $425,000
Previous Owner Marcron Properties Llc $176,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2022 01/13/22 Sold $475,000 -0.8% $428 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $479,000 -- $432 / Sq Ft
Source: The MLS

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 $6,078 $504,072 $269,970 $234,102
2024 $6,078 $494,189 $264,677 $229,512
2023 $5,960 $484,500 $259,488 $225,012
2022 $4,312 $357,619 $107,176 $250,443
2021 $4,256 $350,608 $105,075 $245,533
2019 $4,127 $340,210 $101,959 $238,251
2018 $4,111 $333,540 $99,960 $233,580
2016 $2,727 $220,303 $78,619 $141,684
2015 $2,688 $216,995 $77,439 $139,556
2014 $2,702 $212,746 $75,923 $136,823
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-109587

The MLS

APN: 2216-005-070