NOT LISTED FOR SALE

14532 Otsego St Sherman Oaks, CA 91403

Estimated Value: $1,269,000 - $1,425,000

3 Beds
1.5 Baths
1,255 Sq Ft
$1,069/Sq Ft Est. Value

Last Sold May 13, 2014

Last sale price $650,000 $518 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $7,917/month

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Central Heating and Cooling System
  • Kester Avenue Elementary School Rated A-

About This Home

As of May 2014

Tired of paying top dollar for cheap flips? Losing out on "equity properties" to cash investors? Welcome to 14532 Otsego, a warm and inviting 1950's charmer UNSPOILED by cheap renovations and tacky styling. Featuring original hardwood floors, brick fireplace, walls of windows, super clean vintage kitchen & baths, and a cozy "sun room". Modern updates include dual pane windows, central air/heat, and copper plumbing. All three bedrooms are generously sized. 2 bedroom and a bath are located on the west side of the house while bedroom #3 and a 1/2 bath are on the other side near the kitchen. Outside find a private lush garden with mature foliage and plenty of space to entertain or EXPAND.

Last Agent to Sell the Property

Dana Frank

Rodeo Realty License #01386144 Listed on: 04/04/2014

Rodeo Realty

Last Buyer's Agent

Sunny Yi

Rodeo Realty License #01100371

Rodeo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,627

Year Built

  • Built in 1947

Lot Details

  • 7,021

Parking

  • 2 Car Garage

Interior Spaces

  • 1,255 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down

Additional Features

  • 7,021 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 13825
  • Assessor Parcel Number 2263033028

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,627

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2263033028
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1255.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 517.93
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 7021.00
  • Lot Size Acres: 0.1610

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7021.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 30
  • Tax Tract Number: 13825

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
Apr 15, 2014
Sold by
Parsi Vahid
Bought by
Smith Ronald and Rebecca Smith J
Seller's Agent
Dana Frank
Rodeo Realty
Buyer's Agent
Sunny Yi
Rodeo Realty
List Price
$599,000
Sold Price
$650,000
Premium/Discount to List
$51,000
8.51%
Current Estimated Value
$1,341,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$691,966
Avg. Annual Appreciation
6.56%
Original Mortgage
$628,306
Interest Rate
4.38%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 11, 2011
Sold by
Parsi Vahid
Bought by
Parsi Vahid and Parsi Karima Bilal

Purchase Details

Closed on
Apr 3, 2009
Sold by
Parsi Vahid and Fallahi Niloofar
Bought by
Parsi Vahid

Purchase Details

Closed on
Feb 7, 2007
Sold by
Parsi Vahid
Bought by
Parsi Vahid

Purchase Details

Closed on
Mar 18, 2003
Sold by
Fallahi Niloofar
Bought by
Parsi Vahid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Ronald $650,000 Lawyers Title
Parsi Vahid -- None Available
Parsi Vahid -- None Available
Parsi Vahid -- None Available
Parsi Vahid -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Ronald $628,306
Previous Owner Parsi Vahid $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2014 05/13/14 Sold $650,000 +8.5% $518 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $599,000 -- $477 / 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 $9,627 $796,797 $624,938 $171,859
2024 $9,627 $781,175 $612,685 $168,490
2023 $9,441 $765,859 $600,672 $165,187
2022 $9,001 $750,844 $588,895 $161,949
2021 $8,891 $736,123 $577,349 $158,774
2019 $8,625 $714,290 $560,225 $154,065
2018 $8,541 $700,286 $549,241 $151,045
2016 $8,165 $673,095 $527,914 $145,181
2015 $8,045 $662,986 $519,985 $143,001
2014 $4,032 $318,192 $190,917 $127,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14068600

California Regional Multiple Listing Service (CRMLS)

APN: 2263-033-028