$885,000
SOLD JUN 15, 2020

14601 Addison St Sherman Oaks, CA 91403

3 Beds
2 Baths
1,404 Sq Ft
6,957 Sq Ft Lot

Recently Sold

$630 Per Sq Ft

2% Below List Price

8 Days on Market

Highlights

  • Cabana
  • Wood Flooring
  • Breakfast Area or Nook
  • Kester Avenue Elementary School Rated A-
  • No HOA
  • Enclosed patio or porch

About This Home

As of June 2020

What an incredible fixer opportunity to transform this wonderful property into a picture of perfection with tons of potential to make restorative upgrades or additions. Situated in a peaceful quiet neighborhood, this home is ready for a makeover. Gated from the street behind a white picket fence with a beautiful landscaped back yard and room for a pool. All rooms need updating except for the newer permitted addition of a 396 sq ft master bedroom suite. Conveniently located just minutes away from Sherman Oaks Fashion Square and all the chic shops and dining on Ventura Blvd. Click on virtual tour link above or copy and paste this link: https://my.matterport.com/show/?m=Tg4k2jfLKRG&brand=0

Last Agent to Sell the Property

Lynn Teschner

Rodeo Realty License #01260831 Listed on: 04/26/2020

Rodeo Realty

Last Buyer's Agent

Morgan Cummings Arafat

Berkshire Hathaway HomeServices California Properties License #01990507

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,652

Year Built

  • Built in 1951

Lot Details

  • 6,957 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Auto Driveway Gate
  • Driveway
  • Guest Parking

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Center Hall
  • Breakfast Area or Nook
  • Wood Flooring
  • Alarm System

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Cabana
  • Enclosed patio or porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 2263-032-037

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,652

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Entry Floor: 1
  • Living Area: 1404
  • Probate: No
  • Stories: 1
  • Year Built: 1951
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 1
  • Flooring: Hardwood, Mixed
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Ceiling Fan, Dryer, Washer
  • Price Per S Q F T: 640.31

Exterior Features

  • Other Structures: Cabana
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Parking Garage: Auto Driveway Gate, Driveway - Concrete, Driveway Gate, Garage - 2 Car, Garage Is Attached, Parking for Guests - Onsite

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2263-032-037
  • Geocode Override: No
  • Lot Size Area: 6957

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2020
Closed on
May 6, 2020
Sold by
Kitch Lora and The Jean M Johnson 2017 Trust
Bought by
Wang Limin and Di Xiaojie
Seller's Agent
Lynn Teschner
Rodeo Realty
Buyer's Agent
Morgan Cummings Arafat
Berkshire Hathaway HomeServices California Properties
List Price
$899,000
Sold Price
$885,000
Premium/Discount to List
-$14,000
-1.56%
Current Estimated Value
$1,375,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,671
Avg. Annual Appreciation
8.98%
Original Mortgage
$531,000
Outstanding Balance
$487,727
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$887,944

Purchase Details

Closed on
Jan 11, 2017
Sold by
Johnson Jean
Bought by
Johnson Jean and The Jean M Johnson 2017 Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $885,000 Equity Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $531,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2022 01/09/22 Rented $4,700 -1.1% --
01/09/2022 01/09/22 Under Contract -- -- --
01/02/2022 01/02/22 For Rent $4,750 0.0% --
06/15/2020 06/15/20 Sold $885,000 -1.6% $630 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
04/26/2020 04/26/20 For Sale $899,000 -- $640 / 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 $11,652 $967,871 $774,298 $193,573
2024 $11,652 $948,894 $759,116 $189,778
2023 $11,426 $930,289 $744,232 $186,057
2022 $10,892 $912,049 $729,640 $182,409
2021 $10,760 $894,167 $715,334 $178,833
2020 $1,930 $147,148 $34,268 $112,880
2019 $1,860 $144,264 $33,597 $110,667
2018 $947 $73,637 $32,939 $40,698
2016 $892 $70,779 $31,661 $39,118
2015 $879 $69,717 $31,186 $38,531
2014 $891 $68,353 $30,576 $37,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-574426

The MLS

APN: 2263-032-037