$340,000
SOLD MAR 3, 2020

14829 Sherman Way Unit 8 van Nuys, CA 91405

Van Nuys Neighborhood
2 Beds
2 Baths
837 Sq Ft
$230/mo HOA Fee

Recently Sold

$406 Per Sq Ft

7% Below List Price

103 Days on Market

Highlights

  • In Ground Pool
  • 43,026 Sq Ft lot
  • Bamboo Flooring
  • Gated Community
  • Contemporary Architecture
  • Laundry Room

About This Home

As of March 2020

*$20K Price Reduction* Welcome home to this beautiful and spacious 2 Bedroom 2 Bathroom Condo located in a prime location of Van Nuys close to Freeways, Schools, and Dining. Complex is FHA approved until January, 2020. This gem features 837 square feet of living space! Condo features a dining room, large living room, high ceilings, spacious closets, Central A/C, your own private laundry room, a beautiful and charming community pool, and direct access into the unit. Complex is well maintained with an HOA of only $230. This is a must-see property that will not last long on the market! Some TLC is all you need.

Last Agent to Sell the Property

Minas Mike Boyajyan

MBE Realty, Inc. License #01783567 Listed on: 10/12/2019

Co-Listed By

Grigor Gukasyan

MBE Realty, Inc. License #02002076

Last Buyer's Agent

Sandra Qatami

THE ASSOCIATES REALTY GROUP License #01967574

THE ASSOCIATES REALTY GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,437

Year Built

  • Built in 1986

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 837 Sq Ft Home
  • Dining Area
  • Bamboo Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Pool

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 2218-021-142

Community Details

Overview

  • 128 Units

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,437

Year Built

Built in 1986

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Ross Morgan & Company, Inc. AAMC
  • Entry Floor: 2
  • Living Area: 837
  • Planned Urban Dev: 1
  • Unit Floor In Building: 2
  • Year Built: 1986
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Bamboo
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dryer
  • Price Per S Q F T: 412.19

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool
  • Pool: Yes
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Covered Parking, Garage

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

  • Amenities: Gated Community, Pool, Spa
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 230.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2218-021-142
  • Geocode Override: No
  • Lot Size Area: 43026

Multi Family

  • Number Of Units: 128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2019
Closed on
Apr 3, 2020
Sold by
Panahon Gerrard Anthony
Bought by
Panahon Gerrard and Layden Jason
Seller's Agent
Minas Mike Boyajyan
MBE Realty, Inc.
Buyer's Agent
Sandra Qatami
THE ASSOCIATES REALTY GROUP
List Price
$365,000
Sold Price
$340,000
Premium/Discount to List
-$25,000
-6.85%
Current Estimated Value
$442,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,262
Avg. Annual Appreciation
5.40%
Original Mortgage
$272,000
Outstanding Balance
$244,895
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$206,350

Purchase Details

Listed on
Oct 12, 2019
Closed on
Feb 28, 2020
Sold by
Layden Jason
Bought by
Panahon Gerrard Anthony
Seller's Agent
Minas Mike Boyajyan
MBE Realty, Inc.
Buyer's Agent
Sandra Qatami
THE ASSOCIATES REALTY GROUP
List Price
$365,000
Sold Price
$340,000
Premium/Discount to List
-$25,000
-6.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Outstanding Balance
$244,895
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$206,350

Purchase Details

Listed on
Oct 12, 2019
Closed on
Feb 26, 2020
Sold by
Poghosyan Armen and Armen Poghoyan Trust
Bought by
Panahon Gerrard Anthony
Seller's Agent
Minas Mike Boyajyan
MBE Realty, Inc.
Buyer's Agent
Sandra Qatami
THE ASSOCIATES REALTY GROUP
List Price
$365,000
Sold Price
$340,000
Premium/Discount to List
-$25,000
-6.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Outstanding Balance
$244,895
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$206,350

Purchase Details

Closed on
Oct 16, 2017
Sold by
Poghosyan Armen
Bought by
Poghosyan Armen and Armen Poghosyan Trust

Purchase Details

Listed on
Dec 12, 2011
Closed on
Jun 14, 2012
Sold by
Ouch Sivorn
Bought by
Poghosyan Armen
Seller's Agent
Owen Salkin
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$149,000
Sold Price
$125,000
Premium/Discount to List
-$24,000
-16.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%
Original Mortgage
$62,500
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 30, 2004
Sold by
Gutjahr Scott A and Gutjahr Darci
Bought by
Ouch Sivorn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,250
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Lawyers Title Company
Grant Deed $340,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $125,000 Equity Title Los Angeles
Grant Deed $235,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $272,000 New Conventional
Previous Owner $62,500 Adjustable Rate Mortgage/ARM
Previous Owner $200,000 Unknown
Previous Owner $200,250 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2020 03/03/20 Sold $340,000 -1.4% $406 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/13/2020 01/13/20 Price Changed $345,000 -5.5% $412 / Sq Ft
10/12/2019 10/12/19 For Sale $365,000 +192.0% $436 / Sq Ft
07/27/2012 07/27/12 Sold $125,000 +4.2% $149 / Sq Ft
01/26/2012 01/26/12 Price Changed $120,000 -19.5% $143 / Sq Ft
12/12/2011 12/12/11 For Sale $149,000 -- $178 / 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 $4,437 $364,544 $240,064 $124,480
2023 $4,350 $357,397 $235,357 $122,040
2022 $4,144 $350,391 $230,743 $119,648
2021 $4,090 $343,521 $226,219 $117,302
2020 $1,738 $140,740 $30,961 $109,779
2019 $1,671 $137,981 $30,354 $107,627
2018 $1,647 $135,276 $29,759 $105,517
2016 $1,563 $130,025 $28,604 $101,421
2015 $1,540 $128,073 $28,175 $99,898
2014 $1,550 $125,566 $27,624 $97,942
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-520074

The MLS

APN: 2218-021-142