NOT LISTED FOR SALE

15207 Magnolia Blvd Unit 124 Sherman Oaks, CA 91403

Estimated Value: $598,157 - $672,000

2 Beds
2 Baths
1,059 Sq Ft
$469/mo HOA Fee

Last Sold September 09, 2019

Last sale price $475,000 $449 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,462/month

8 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • 75,963 Sq Ft lot
  • Kester Avenue Elementary School Rated A-
  • View of Trees or Woods
  • Contemporary Architecture

About This Home

As of September 2019

Exceptionally updated condo situated in the Oak Point resort-like complex, away from the street and located in the heart of Sherman Oaks. Newly painted, move in ready, quiet one story unit w/ new AC installed. Open floorplan w/ expansive living room and dining area w/ wet bar, hardwood floors, recessed LED lighting, & a fireplace. Double sliding glass doors open onto a private patio overlooking lush manicured zen gardens. Kitchen contains lots of natural light, custom cabinets, tons of countertop space & stainless steel appliances. Master suite offers large walk-in closet w/ private bathroom & double sink vanity area along w/ another sizeable 2nd bedroom. Side by side laundry in unit, 2 assigned parking spaces in addition to several guest spaces & plenty of storage space. This special condo offers a combination of amenities: pool, spa, tennis courts & lush landscape throughout the numerous walk-ways & dog parks tucked away on this private community. HOA- Cable, Wifi, Earthquake, & wate

Last Agent to Sell the Property

Sharona Farhadian

Sotheby's International Realty License #01402655 Listed on: 08/09/2019

Sotheby's International Realty

Last Buyer's Agent

Tom Benton

License #01316408

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,278

Year Built

  • Built in 1978

Lot Details

  • Gated Home

HOA Fees

  • $469 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,059 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Wood Flooring
  • Views of Woods

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer

Parking

  • Subterranean Parking
  • Guest Parking

Outdoor Features

  • In Ground Pool
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2250-003-046

Community Details

Overview

  • 52 Units
  • Built by Westcom Management Staci
  • Westcom Management S

Amenities

  • Sauna
  • Recreation Room
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,278

Year Built

Built in 1978

Lot Details

0

HOA Fees

$469 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Advertising Remarks: condo, one story, pool, spa, recreation room, amenities, updated
  • Builder Model Name: Westcom Management S
  • Builder Name: Westcom Management Staci
  • Complex Name: Westcom Management Staci
  • Entry Floor: 1
  • Living Area: 1059
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 1978
  • Builders Tract Name: Westcom Management Staci
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • 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: In Closet, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Barbeque, Cable, Ceiling Fan, Dishwasher, Dryer, Elevator, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 448.44

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Parking for Guests, Parking for Guests - Onsite, Subterranean

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central, Gas
  • Heating: Central, Fireplace
  • Security: Gated

Association/Amenities

  • Amenities: Elevator, Gated Community, Pool, Rec Multipurpose Rm, Sauna, Spa, Tennis Courts
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 469.00
  • Mgmt Co Phone: 8185879500
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2250-003-046
  • Geocode Override: No
  • Lot Size Area: 75963

Multi Family

  • Number Of Units: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2019
Closed on
Sep 5, 2019
Sold by
Rannazzisi Stephen and Rannazzisi Tracy
Bought by
Douadi Real Estate Limited Partnership
Seller's Agent
Sharona Farhadian
Sotheby's International Realty
Buyer's Agent
Tom Benton
List Price
$474,900
Sold Price
$475,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$626,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,539
Avg. Annual Appreciation
5.63%

Purchase Details

Closed on
Aug 27, 2008
Sold by
Weary Kenneth E and Weary Carol G
Bought by
Rannazzisi Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,724
Interest Rate
6.43%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 2005
Sold by
Coron Douglas L
Bought by
Weary Kenneth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Douadi Real Estate Limited Partnership $575,000 Fidelity National Title Co
Rannazzisi Stephen $405,000 California Title Company
Weary Kenneth E $441,500 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Umali Monina P $54,000
Previous Owner Rannazzisi Stephen $404,466
Previous Owner Rannazzisi Stephen $399,724
Previous Owner Weary Kenneth E $300,000
Previous Owner Coron Douglas L $252,000
Previous Owner Coron Douglas L $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2019 09/09/19 Sold $475,000 0.0% $449 / Sq Ft
08/17/2019 08/17/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $474,900 -- $448 / 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 $6,278 $509,292 $101,858 $407,434
2023 $6,156 $499,307 $99,861 $399,446
2022 $5,868 $489,517 $97,903 $391,614
2021 $5,794 $479,920 $95,984 $383,936
2019 $5,642 $467,528 $140,257 $327,271
2018 $5,560 $454,000 $136,000 $318,000
2016 $4,806 $394,000 $118,000 $276,000
2015 $4,533 $371,000 $111,300 $259,700
2014 $4,994 $400,000 $120,000 $280,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-498092

The MLS

APN: 2250-003-046