$357,000
SOLD NOV 5, 2014

15335 Magnolia Blvd Unit 309 Sherman Oaks, CA 91403

2 Beds
2 Baths
1,312 Sq Ft
$475/mo HOA Fee

Recently Sold

$272 Per Sq Ft

12% Below List Price

34 Days on Market

Highlights

  • Private Pool
  • Rooftop Deck
  • Contemporary Architecture
  • Kester Avenue Elementary School Rated A-
  • Primary Bedroom Suite
  • Cathedral Ceiling

About This Home

As of May 2015

HUD Home. Spacious condo featuring two large bedrooms and two baths with a loft on a secondary floor with access to roof top deck, formal entry, dramatic vaulted ceiling, living room with fireplace, inside laundry room, master suite with walk-in closet, central air and side by side parking. Sherman Oaks Villas maintains the complex. Perfect for first time home buyer with great access to 405 freeway, shops and transportation.

Last Agent to Sell the Property

Bob Siegmeth

Equity Union License #01105625 Listed on: 08/15/2014

Equity Union

Co-Listed By

David Hernandez

No Firm Affiliation License #01885369

Last Buyer's Agent

Armen Shabazian

Atlas Real Estate & Finance G License #01121353

Atlas Real Estate & Finance G

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,314

Year Built

  • Built in 1981

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,312 Sq Ft Home
  • 4-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Rooftop Deck
  • Patio

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 309
  • Tax Tract Number 37113
  • Assessor Parcel Number 2250002120

Community Details

Overview

  • Master Insurance
  • 45 Units
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Sauna

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,314

Year Built

Built in 1981

Lot Details

0

HOA Fees

$475 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2250002120
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1312.00
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings
  • Stories: 4
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Entry Level: 3
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 272.10
  • Room Type: Loft, Living Room, Master Suite
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Deck, Roof Top
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Dues Paid Monthly, Earthquake Insurance, Insurance, Maintenance Grounds, Pool, Sewer, Sauna, Spa/Hot Tub
  • Association Fee: 475.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 1000.00
  • Lot Size Acres: 0.0230

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1000.0000 Square Feet
  • Number Of Units In Community: 45
  • Number Of Units Total: 45

Tax Info

  • Tax Lot: 309
  • Tax Tract Number: 37113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2015
Closed on
May 8, 2015
Sold by
Hartoonian Investments Llc
Bought by
Walkin Kristina O and Watkin Family Survivors Trust
Seller's Agent
Armen Shabazian
Atlas Real Estate & Finance G
Buyer's Agent
Brian Fisk
No Firm Affiliation
List Price
$435,000
Sold Price
$435,500
Premium/Discount to List
$500
0.11%
Current Estimated Value
$686,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,617
Avg. Annual Appreciation
4.39%
Original Mortgage
$78,875
Outstanding Balance
$61,003
Interest Rate
3.63%
Mortgage Type
Unknown
Estimated Equity
$615,029

Purchase Details

Listed on
Aug 15, 2014
Closed on
Dec 30, 2014
Sold by
Hartoonian Gamik
Bought by
Hartoonian Investments Llc
Seller's Agent
Bob Siegmeth
Equity Union
Buyer's Agent
Armen Shabazian
Atlas Real Estate & Finance G
List Price
$403,700
Sold Price
$357,000
Premium/Discount to List
-$46,700
-11.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.66%
Original Mortgage
$285,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 15, 2014
Closed on
Nov 3, 2014
Sold by
Secretary Of Housing & Urban Development
Bought by
Hartoonian Garnik
Seller's Agent
Bob Siegmeth
Equity Union
Buyer's Agent
Armen Shabazian
Atlas Real Estate & Finance G
List Price
$403,700
Sold Price
$357,000
Premium/Discount to List
-$46,700
-11.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2012
Sold by
Phh Mortgage Corporation
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Nov 6, 2012
Sold by
Casey Barbara
Bought by
Phh Mortgage Corporation

Purchase Details

Closed on
Sep 17, 2012
Sold by
Casey Barbara
Bought by
Sherman Oaks Villas and Sherman Oaks Villas Homeowners Associati

Purchase Details

Closed on
May 26, 2009
Sold by
Gruszniewski Mara
Bought by
Casey Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,018
Interest Rate
4.78%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 2007
Sold by
Postal Longina
Bought by
Postal Longina and Longina Postal Family Trust

Purchase Details

Closed on
Feb 16, 1999
Sold by
Kohda Kimiko
Bought by
Postal Longina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.9%

Purchase Details

Closed on
May 12, 1994
Sold by
Drews Gary Scott
Bought by
Kohda Kimiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7%
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 $435,500 North American Title
Interfamily Deed Transfer -- None Available
Grant Deed $357,000 None Available
Grant Deed -- Lsi Title Company
Trustee Deed $315,654 None Available
Foreclosure Deed $15,225 Lawyers Title Company
Grant Deed $344,000 Provident Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $150,000 Equity Title
Individual Deed $140,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $78,875 Unknown
Closed $78,875 Unknown
Previous Owner $285,000 Purchase Money Mortgage
Previous Owner $315,018 FHA
Previous Owner $112,000 Unknown
Previous Owner $112,500 No Value Available
Previous Owner $112,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2015 05/11/15 Sold $435,500 0.0% $332 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
04/30/2015 04/30/15 Off Market $435,500 -- --
04/25/2015 04/25/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $435,000 0.0% $332 / Sq Ft
03/29/2015 03/29/15 Pending -- -- --
03/10/2015 03/10/15 Price Changed $435,000 -0.6% $332 / Sq Ft
03/05/2015 03/05/15 Price Changed $437,500 -0.6% $334 / Sq Ft
02/23/2015 02/23/15 Price Changed $440,000 -1.9% $336 / Sq Ft
02/11/2015 02/11/15 Price Changed $448,500 -0.2% $342 / Sq Ft
11/28/2014 11/28/14 For Sale $449,500 +25.9% $343 / Sq Ft
11/05/2014 11/05/14 Sold $357,000 -11.6% $272 / Sq Ft
09/18/2014 09/18/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $403,700 -- $308 / 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 $6,314 $523,396 $293,246 $230,150
2024 $6,314 $513,135 $287,497 $225,638
2023 $6,192 $503,074 $281,860 $221,214
2022 $5,901 $493,211 $276,334 $216,877
2021 $5,825 $483,541 $270,916 $212,625
2019 $5,649 $469,201 $262,882 $206,319
2018 $5,629 $460,002 $257,728 $202,274
2016 $5,373 $442,141 $247,721 $194,420
2015 $4,359 $357,000 $175,900 $181,100
2014 $3,662 $291,316 $58,263 $233,053
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14175817

California Regional Multiple Listing Service (CRMLS)

APN: 2250-002-120