NOT LISTED FOR SALE

15050 Sherman Way Unit 176 Van Nuys, CA 91405

Estimated Value: $472,740 - $531,000

2 Beds
1.5 Baths
1,136 Sq Ft
$425/mo HOA Fee

Last Sold April 07, 2017

Last sale price $300,000 $264 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,471/month

3 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • 142,461 Sq Ft lot
  • Van Nuys High School Rated A
  • Gated Parking
  • Living Room with Fireplace

About This Home

As of April 2017

An incredible opportunity to own an amazing 2BR+1.5BA townhome with an open-plan layout and high ceilings in an unbelievable location! This most attractively priced unit is located in a park-like gated community that includes pool, spa, sauna, fully equipped gym, rec room, private storage, low HOA dues that includes earthquake & fire insurance, trash, water, assigned 2 parking spots and washer/dryer hook-up inside unit. You get it all! The unit also represents a great 'value-add' asset for an investor who wants to remodel and upgrade the unit for new market-rate rents as the current resident is paying only $1,800 per month in rent which is an under-market rent. Property is well hidden from street noise and conveniently located near the 405&101 freeways for easy access to shopping and transportation. This is the lowest priced unit in the entire complex. Don't miss out on this amazing opportunity as it will expire quickly. Unit will be delivered

Last Agent to Sell the Property

Malka Winshman

Keller Williams Beverly Hills License #01062469 Listed on: 03/03/2017

Keller Williams Beverly Hills

Last Buyer's Agent

Sherry Dilworth

License #01873808

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • 3.27

HOA Fees

  • $425 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,136 Sq Ft Home
  • 2-Story Property
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer

Parking

  • 2 Covered Spaces
  • Gated Parking
  • Guest Parking
  • Assigned Parking

Additional Features

  • In Ground Pool
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2220-004-152

Community Details

Overview

  • Association fees include earthquake insurance, insurance, security, trash, water
  • 133 Units

Amenities

  • Sauna
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Complex Name: Parkwood Van Nuys
  • Entry Floor: 2
  • Living Area: 1136
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1981
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Tile
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Refrigerator
  • Price Per S Q F T: 259.68

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Community, Gated

Association/Amenities

  • Amenities: Fitness Center, Gated Parking, Guest Parking, Pool, Rec Multipurpose Rm, Sauna
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance, Insurance, Security, Trash, Water
  • HOA Fees: 425.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2220-004-152
  • Geocode Override: Yes
  • Lot Size Area: 142461

Multi Family

  • Number Of Units: 133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2017
Closed on
Mar 16, 2017
Sold by
Karam Maha
Bought by
Elizarraraz Ernesto P
Seller's Agent
Malka Winshman
Keller Williams Beverly Hills
Buyer's Agent
Sherry Dilworth
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%
Current Estimated Value
$511,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,685
Avg. Annual Appreciation
6.32%
Original Mortgage
$294,566
Outstanding Balance
$245,615
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$266,070

Purchase Details

Closed on
Jul 28, 2004
Sold by
Karam Maha
Bought by
Karam Maha

Purchase Details

Closed on
Aug 15, 2002
Sold by
Francis Gabriel
Bought by
Karam Maha

Purchase Details

Closed on
Jun 19, 2001
Sold by
Doran Edmund and Rodgers Kim L
Bought by
Francis Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,550
Interest Rate
7.24%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Elizarraraz Ernesto P $300,000 Fidelity Sherman Oaks
Karam Maha -- Ltc
Karam Maha -- --
Francis Gabriel $129,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elizarraraz Ernesto P $294,566
Previous Owner Francis Gabriel $122,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2017 04/07/17 Sold $300,000 +1.7% $264 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $295,000 -- $260 / 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 $4,264 $348,170 $139,150 $209,020
2024 $4,264 $341,344 $136,422 $204,922
2023 $4,183 $334,652 $133,748 $200,904
2022 $3,987 $328,091 $131,126 $196,965
2021 $3,935 $321,658 $128,555 $193,103
2019 $3,817 $312,119 $124,743 $187,376
2018 $3,789 $306,000 $122,298 $183,702
2016 $1,944 $160,970 $32,189 $128,781
2015 $1,915 $158,553 $31,706 $126,847
2014 $1,927 $155,448 $31,085 $124,363
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-205538

The MLS

APN: 2220-004-152