NOT LISTED FOR SALE

15025 Otsego St Sherman Oaks, CA 91403

Estimated Value: $1,932,000 - $2,405,000

4 Beds
3 Baths
2,399 Sq Ft
$883/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $1,850,000 $771 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $13,142/month

17 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub
  • Kester Avenue Elementary School Rated A-
  • Wood Flooring
  • Mediterranean Architecture

About This Home

As of March 2023

Beautifully designed renovation of a magnificent Contemporary-Mediterranean home on a prime section of Otsego in lovely Sherman Oaks. Features brand new Café matte white appliances, 7.5” white Baltic Oak wood flooring, granite countertops and tankless water heaters. Up the flush nose finished staircase you’ll find the large Master suite with a private balcony, jet bathtub and generously sized walk-in closet. Across the hall is a big en-suite secondary bedroom almost as large as the primary with another walk-in closet. From the hallway of the upstairs bedrooms access a charming balcony showcasing black & white herringbone laid tile with a view overlooking the backyard and pool. Downstairs you’ll find two additional bedrooms and a full bathroom off of the hallway. The generously sized backyard is begging to be entertained in with a great pool, spill over edge spa, large patio/grill area that is adjacent to the laundry room The fenced front yard with an automatic driveway gate gives the property a private feel. Both front and back yards have new irrigation lines, valves and timers.

Last Agent to Sell the Property

Brian Borneman

Realty Connection Group License #01904204 Listed on: 02/05/2023

Last Buyer's Agent

Caroline Dernick

Compass License #02067439

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,970

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 6,814 Sq Ft Lot
  • Landscaped
  • Rectangular Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage

Property Views

  • Pool
  • Neighborhood

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 2,399 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Recessed Lighting
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Kester Elementary School
  • Grant High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 14278
  • Assessor Parcel Number 2263006021

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,970

Year Built

Built in 2001 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2263006021
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2399.00 Square Feet
  • Interior Amenities: Balcony, Crown Molding, Granite Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 771.15
  • Room Type: Foyer, Kitchen, Laundry, Living Room, Master Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, In Ground
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Jetted Tub, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Neighborhood, Pool
  • Patio And Porch Features: Concrete, Covered
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Electric Oven, Freezer, Gas Cooktop, Refrigerator, Tankless Water Heater
  • Electric: 220 Volts in Kitchen
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • School District: Los Angeles Unified
  • Elementary School: Kester
  • High School: Grant
  • Elementary School: Kester
  • High School: Grant
  • Elementary School #2: KESTER
  • High School2: GRANT

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Lot 6500-9999, Rectangular Lot, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 6814.00
  • Lot Size Acres: 0.1564

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6814.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1289.10
  • Tax Lot: 25
  • Tax Tract Number: 14278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2023
Closed on
Feb 23, 2023
Sold by
B Manor Inc
Bought by
Jung Steve and Jung Jennifer
Seller's Agent
Brian Borneman
Realty Connection Group
Buyer's Agent
Caroline Dernick
Compass
List Price
$1,695,000
Sold Price
$1,850,000
Premium/Discount to List
$155,000
9.14%
Views
220
Current Estimated Value
$2,117,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,877
Avg. Annual Appreciation
5.45%
Original Mortgage
$1,250,000
Outstanding Balance
$1,204,537
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$913,340

Purchase Details

Closed on
Jun 29, 2022
Sold by
Western Progressive Llc
Bought by
B Manor Inc

Purchase Details

Closed on
Feb 17, 2009
Sold by
Zabare Avner
Bought by
Zabare Avner and Otsego I Partnership

Purchase Details

Closed on
Aug 14, 2002
Sold by
Zabare Avner
Bought by
Zabare Avner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.25%

Purchase Details

Closed on
Mar 1, 1999
Sold by
Ray Kimberly D
Bought by
Zabare Avner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.76%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 29, 1999
Sold by
Graham Douglas H
Bought by
Zabare Avner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.76%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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Average Value
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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
Jung Steve $1,850,000 California Best Title
B Manor Inc $1,225,000 None Listed On Document
Zabare Avner -- Accommodation
Zabare Avner -- Southland Title
Zabare Avner -- Fidelity National Title
Zabare Avner $190,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jung Steve $1,250,000
Previous Owner Zabare Avner $380,000
Previous Owner Zabare Avner $133,000
Closed Zabare Avner $38,000
Closed Zabare Avner $99,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $1,850,000 +9.1% $771 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/05/2023 02/05/23 For Sale $1,695,000 -- $707 / 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 $22,970 $1,924,739 $1,134,556 $790,183
2024 $22,970 $1,887,000 $1,112,310 $774,690
2023 $22,521 $1,850,000 $1,110,000 $740,000
2022 $7,917 $651,345 $344,801 $306,544
2021 $7,814 $638,575 $338,041 $300,534
2019 $7,582 $619,636 $328,015 $291,621
2018 $7,480 $607,487 $321,584 $285,903
2016 $7,137 $583,900 $309,098 $274,802
2015 $7,034 $575,131 $304,456 $270,675
2014 $7,061 $563,866 $298,493 $265,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23020198

California Regional Multiple Listing Service (CRMLS)

APN: 2263-006-021