NOT LISTED FOR SALE

14050 Magnolia Blvd Unit 314 Sherman Oaks, CA 91423

Estimated Value: $652,000 - $755,000

2 Beds
2 Baths
1,416 Sq Ft
$407/mo HOA Fee

Last Sold August 07, 2014

Last sale price $400,000 $282 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,751/month

109 Days on Market

Highlights

  • In Ground Spa
  • 1.21 Acre Lot
  • Balcony
  • Chandler Elementary Rated A-
  • Wood Flooring
  • Walk-In Closet

About This Home

As of August 2014

The most desired unit in the building! Top floor end unit. 12 ft high ceilings with built in lighting. New HV/AC unit. Brand new remodeled kitchen with new stainless steel appliances. Laminate hardwood floors in living and dining areas. Tiled baths and kitchen. Carpet and walk-in closets in both bedrooms. Brand new tiled shower in Master suite. The best parking spots in the building 2 side by side spots next to the entry door and elevator.

Last Agent to Sell the Property

Christin Antonio

Realty Source Inc. License #01366167 Listed on: 03/18/2014

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,828

Year Built

  • Built in 1981

Lot Details

  • 1 Common Wall
  • Landscaped

HOA Fees

  • $407 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 1,416 Sq Ft Home
  • 4-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Utility Room
  • Laundry Room
  • Gas Cooktop

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

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

Pool

  • In Ground Spa
  • Private Pool

Outdoor Features

  • Balcony
  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1287
  • Assessor Parcel Number 2269008066

Community Details

Overview

  • 48 Units

Recreation

  • Community Pool
  • Community Spa

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,828

Year Built

Built in 1981

Lot Details

0

HOA Fees

$407 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Number: 310.467.0007
  • Property Attached: Yes
  • Security: Card/Code Access
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2269008066
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1416.00
  • Interior Amenities: Balcony
  • Stories: 4
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 282.49
  • Room Type: Walk-In Closet, Utility Room
  • Spa Features: In Ground

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Cooktop
  • Heating Type: Forced Air
  • Laundry Features: In Closet
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 407.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 52698.00
  • Lot Size Acres: 1.2100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 52698.0000 Square Feet
  • Number Of Units In Community: 48
  • Number Of Units Total: 48

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1287

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2014
Closed on
Jul 17, 2014
Sold by
Kesavulu Vatsala
Bought by
Basis Austin Lee and Basis Colleen Alyson
Seller's Agent
Christin Antonio
Realty Source Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$430,000
Sold Price
$400,000
Premium/Discount to List
-$30,000
-6.98%
Current Estimated Value
$704,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,585
Avg. Annual Appreciation
5.10%
Original Mortgage
$300,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 2, 2002
Sold by
Ferry Robert J
Bought by
Kesavulu Vatsala

Purchase Details

Closed on
Jul 25, 2000
Sold by
Binns Bryan
Bought by
Ferry Robert J and Kesavulu Vatsala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 5, 1996
Sold by
California Federal Bank Fsb
Bought by
Binns Bryan and Binns Alissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
6.98%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 1, 1995
Sold by
Su Robert
Bought by
California Federal Bank Fsb and California Fsla
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
Basis Austin Lee $400,000 Ticor Title Co
Kesavulu Vatsala -- --
Ferry Robert J -- Equity Title Company
Binns Bryan -- South Coast Title Company
California Federal Bank Fsb $159,121 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basis Austin Lee $244,500
Closed Basis Austin Lee $300,000
Previous Owner Kesavulu Vatsala $225,000
Previous Owner Kesavulu Vatsala $50,000
Previous Owner Kesavulu Vatsala $172,000
Previous Owner Kesavulu Vatsala $25,000
Previous Owner Kesavulu Vatsala $175,000
Previous Owner Ferry Robert J $183,000
Previous Owner Ferry Robert J $183,000
Previous Owner Binns Alissa $50,000
Previous Owner Ferry Robert J $187,150
Previous Owner Binns Bryan $105,000
Previous Owner Binns Bryan $109,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2014 08/07/14 Sold $400,000 -7.0% $282 / Sq Ft
07/05/2014 07/05/14 Pending -- -- --
05/18/2014 05/18/14 Price Changed $430,000 +7.8% $304 / Sq Ft
04/21/2014 04/21/14 Price Changed $399,000 -7.2% $282 / Sq Ft
03/18/2014 03/18/14 For Sale $430,000 -- $304 / 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 $5,828 $480,729 $296,251 $184,478
2024 $5,828 $471,304 $290,443 $180,861
2023 $5,716 $462,064 $284,749 $177,315
2022 $5,448 $453,005 $279,166 $173,839
2021 $5,376 $444,124 $273,693 $170,431
2019 $5,215 $430,953 $265,576 $165,377
2018 $5,190 $422,504 $260,369 $162,135
2016 $4,952 $406,099 $250,259 $155,840
2015 $4,880 $400,000 $246,500 $153,500
2014 $2,986 $242,143 $119,104 $123,039
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14055867

California Regional Multiple Listing Service (CRMLS)

APN: 2269-008-066