NOT LISTED FOR SALE

14242 Burbank Blvd Unit 308 Sherman Oaks, CA 91401

Sherman Oaks Neighborhood

Estimated Value: $658,000 - $755,000

2 Beds
2 Baths
1,280 Sq Ft
$420/mo HOA Fee

Last Sold June 21, 2013

Last sale price $440,000 $344 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,827/month

7 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Gated Parking
  • Chandler Elementary Rated A-
  • Primary Bedroom Suite
  • Gated Community

About This Home

As of June 2013

Elegant newer luxury building featuring 2 bedroom 2 bath top floor single level unit with high ceilings! Beautiful mountain and valley views from the balcony and living area. Quality, sophistication, style and elegance describe this three -story Tuscany style building with gated subterranean parking. Courtyard with designer furniture, lush greenery & Fountain! Gourmet Kitchen with granite counter, breakfast bar. Living with fireplace, large master suite with travertine vanity and recreation room, fitness center & roof top sun deck.

Last Listed By

Rick Dergan

LPT Realty, Inc License #00972387 Listed on: 05/16/2013

LPT Realty, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,467

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • North Facing Home
  • Gated Home

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar
  • High Ceiling
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Alarm System
  • Property Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 2245-023-076

Community Details

Overview

  • Association fees include building and grounds, earthquake insurance, trash
  • 16 Units

Amenities

  • Outdoor Cooking Area
  • Sundeck
  • Banquet Facilities
  • Card Room
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Service
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,467

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$420 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: 14242 Burbank
  • Entry Floor: 3
  • Entry Location: Main Level
  • Living Area: 1280
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 3
  • Year Built: 2007
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Elevator, High Ceilings (9 Feet+), Open Floor Plan
  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Mixed, Tile
  • Appliances: Cooktop - Gas, Microwave
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Bedroom Features: Main Floor Bedroom, Master Suite, WalkInCloset
  • Common Walls: Attached
  • Bathroom Features: Shower and Tub, Shower Over Tub, Tile
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area
  • Kitchen Features: Gourmet Kitchen, Granite Counters
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Elevator, Microwave, Range/Oven, Washer
  • Fireplace: Yes
  • Inclusions: Stove, Refrigerator
  • Price Per S Q F T: 311.72

Exterior Features

  • Direction Faces: North
  • Tennis Court Y/N: No
  • Patio: Balcony
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Garage - 2 Car, Gated Underground

Utilities

  • Cooling: Air Conditioning
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Community, Gated

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Banquet, Card Room, Controlled Access, Elevator, Exercise Room, Fitness Center, Gated Community, Gated Parking, Outdoor Cooking Area, Sun Deck
  • Pet Rules: Assoc Pet Rules, Yes, Size Limit

Condo/Co-op/Association

  • Assessments: none
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Earthquake Insurance, Trash
  • HOA Fees: 420.00
  • Unit Location: Front

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 2245-023-076
  • Geocode Override: No
  • Lot Size Area: 20159

Multi Family

  • Number Of Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2013
Closed on
Jun 4, 2013
Sold by
Vazquez Jose Luis
Bought by
Tran Tri Coa and Tran Dung Chi
Seller's Agent
Rick Dergan
LPT Realty, Inc
Buyer's Agent
Susan Weidman
List Price
$399,000
Sold Price
$440,000
Premium/Discount to List
$41,000
10.28%
Total Days on Market
7
Current Estimated Value
$694,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,333
Avg. Annual Appreciation
3.90%

Purchase Details

Closed on
Feb 26, 2009
Sold by
Vazquez Christina Sepulveda
Bought by
Vazquez Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2009
Sold by
14242 Burbank Ventures Llc
Bought by
Vazquez Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

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
Tran Tri Coa $440,000 Title 365 Company
Vazquez Jose Luis -- Stewart Title Of California
Vazquez Jose Luis $389,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vazquez Jose Luis $302,000
Previous Owner Vazquez Jose Luis $311,200
Previous Owner Vazquez Jose Luis $311,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2013 06/21/13 Sold $440,000 +10.3% $344 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $399,000 -- $312 / 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
2024 $6,467 $531,191 $335,256 $195,935
2023 $6,340 $520,777 $328,683 $192,094
2022 $6,039 $510,567 $322,239 $188,328
2021 $5,959 $500,557 $315,921 $184,636
2020 $6,017 $495,425 $312,682 $182,743
2019 $5,776 $485,711 $306,551 $179,160
2018 $5,753 $476,189 $300,541 $175,648
2016 $5,489 $457,700 $288,872 $168,828
2015 $5,407 $450,826 $284,533 $166,293
2014 $5,426 $441,996 $278,960 $163,036
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-673181

The MLS

APN: 2245-023-076