NOT LISTED FOR SALE

14015 Margate St Sherman Oaks, CA 91401

Estimated Value: $2,639,000 - $2,766,000

5 Beds
4 Baths
3,750 Sq Ft
$724/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $2,285,000 $609 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $16,812/month

8 Days on Market

Highlights

  • 24-Hour Security
  • In Ground Pool
  • Primary Bedroom Suite
  • Chandler Elementary Rated A-
  • Solar Power System
  • Maid or Guest Quarters

About This Home

As of September 2021

Exquisitely Constructed Gated Mediterranean Inspired Home in Prestigious Sherman Oaks Cul-De-Sac street. Striking finely crafted Architectural highlights of this Custom Home greets you upon entry through the Double Iron doors with open panels & Grand 3 tired Motorized Chandelier, High ceilings & inviting open floor plan radiates light throughout. Coffered ceilings with mood lighting in the living and family rooms, Crown moldings, Retractable screens on all French doors, Gleaming polished Slate floors. Stunning kitchen with custom cabinets & imported counter tops with Impressive center island & 2 Italian custom chandeliers, 2 solar powered natural lights, under cabinet lights & triple ovens make this kitchen every Chef's dream. Family Room and Game room/Den with Double doors and Grand windows open to Graciously covered patio for outdoor entertainment. Lush landscaped rear yard with inviting Ambiance & many fruit trees, Barbecue center & Pool with 3 Cascading Waterfalls is perfect for everyday enjoyment. Upper hallway leads into a spacious Balcony with treetop and pool views. Two Grand Master Bedrooms with spacious walk-in closet with custom cabinets & blackout curtains. Magnificent Master Bath with imported marble and porcelain stone, dual sinks, oversize Jet & Rain shower & Jetted bathtub. Indoor & outdoor, speakers, Tankless water heater and instant hot water, 3 security cameras, 28 solar panels, Garage with Tesla fast charger access & Epoxy floor, Custom made Iron gate & 2 Grandiose Pots with watering system. Truly a unique home for everyday enjoyment.

Last Agent to Sell the Property

Mike Majarian

Premier Realty Associates License #01244604 Listed on: 08/12/2021

Premier Realty Associates

Last Buyer's Agent

Vahe Zargarian

Keller Williams Real Estate Services License #01344220

Keller Williams Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,065

Year Built

  • Built in 2014

Lot Details

  • 7,993 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Lawn
  • Garden
  • Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Mediterranean Architecture
  • Stucco

Interior Spaces

  • 3,750 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Wired For Data
  • Crown Molding
  • Coffered Ceiling
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Library
  • Bonus Room
  • Utility Room
  • Center Hall
  • Pool Views
  • Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Double Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • 4 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Soaking Tub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Waterfall Pool Feature

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Grill
  • Rain Gutters

Additional Features

  • Solar Power System
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot C
  • Tax Tract Number 34
  • Assessor Parcel Number 2247018034
  • $503 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Greenbelt

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,065

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: CELL
  • Other Phone Number: 18182310282
  • Property Attached: No
  • Security: 24 Hour Security, Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2247018034
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3750.00 Square Feet
  • Interior Amenities: Balcony, Coffered Ceiling(s), Crown Molding, High Ceilings, Intercom, Recessed Lighting, Wired for Data, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: In Kitchen, In Living Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 609.33
  • Room Type: Attic, Bonus Room, Center Hall, Den, Family Room, Guest/Maid's Quarters, Kitchen, Laundry, Library, Living Room, Master Bathroom, Master Bedroom, Master Suite, Two Masters, Utility Room, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Rain Gutters
  • View: Pool
  • Patio And Porch Features: Patio
  • Pool Features: Private, In Ground, Waterfall
  • Pool Private: Yes
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, Double Oven, Disposal, Gas Cooktop, Instant Hot Water
  • Heating Type: Central
  • Laundry Features: In Closet, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Front Yard, Garden, Greenbelt, Landscaped, Lawn
  • Lot Size Sq Ft: 7993.00
  • Lot Size Acres: 0.1835
  • Latitude Manual: 34.16777000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7993.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1286.02
  • Tax Lot: C
  • Tax Tract Number: 034
  • TaxOtherAnnualAssessmentAmount: 503.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 2, 2021
Sold by
Alinejad Mohammad
Bought by
Hartman Philip F
Seller's Agent
Mike Majarian
Premier Realty Associates
Buyer's Agent
Vahe Zargarian
Keller Williams Real Estate Services
List Price
$2,175,000
Sold Price
$2,285,000
Premium/Discount to List
$110,000
5.06%
Current Estimated Value
$2,714,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,125
Avg. Annual Appreciation
4.26%
Original Mortgage
$1,942,000
Outstanding Balance
$1,770,923
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$929,738

Purchase Details

Listed on
Aug 12, 2021
Closed on
Aug 30, 2021
Sold by
Hartman Philip F and The Hartman Trust
Bought by
Vahanyan Vardan and Melkumyants Aylin
Seller's Agent
Mike Majarian
Premier Realty Associates
Buyer's Agent
Vahe Zargarian
Keller Williams Real Estate Services
List Price
$2,175,000
Sold Price
$2,285,000
Premium/Discount to List
$110,000
5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,942,000
Outstanding Balance
$1,770,923
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$929,738

Purchase Details

Listed on
Sep 3, 2014
Closed on
Sep 18, 2014
Sold by
Chagaian Lusine
Bought by
Hartman Philip F
Seller's Agent
Mike Majarian
Premier Realty Associates
Buyer's Agent
Mike Majarian
Premier Realty Associates
List Price
$1,395,000
Sold Price
$1,380,000
Premium/Discount to List
-$15,000
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$689,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Hartman Philip F -- Stewart Title Of Ca Inc
Vahanyan Vardan $2,285,000 Stewart Title Of Ca Inc
Hartman Philip F $1,380,000 Nations Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vahanyan Vardan $1,942,000
Previous Owner Hartman Philip F $689,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $2,285,000 +5.1% $609 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $2,175,000 +57.6% $580 / Sq Ft
10/31/2014 10/31/14 Sold $1,380,000 -1.1% $368 / Sq Ft
09/03/2014 09/03/14 For Sale $1,395,000 -- $372 / 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 $29,065 $2,424,859 $1,213,597 $1,211,262
2024 $29,065 $2,377,313 $1,189,801 $1,187,512
2023 $28,499 $2,330,700 $1,166,472 $1,164,228
2022 $27,168 $2,285,000 $1,143,600 $1,141,400
2021 $18,515 $1,532,242 $866,050 $666,192
2019 $17,962 $1,486,797 $840,363 $646,434
2018 $17,805 $1,457,645 $823,886 $633,759
2016 $16,951 $1,401,045 $791,895 $609,150
2015 $16,532 $1,380,000 $780,000 $600,000
2014 $3,084 $246,399 $246,399 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21176796

California Regional Multiple Listing Service (CRMLS)

APN: 2247-018-034