NOT LISTED FOR SALE

15515 Morrison St Sherman Oaks, CA 91403

Estimated Value: $2,740,674 - $3,430,000

3 Beds
1 Bath
1,470 Sq Ft
$2,049/Sq Ft Est. Value

Last Sold April 12, 2016

Last sale price $780,000 $531 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $18,063/month

Highlights

  • Above Ground Spa
  • Galley Kitchen
  • Brick Porch or Patio
  • No HOA
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of April 2016

Amazing opportunity in a beautiful Sherman Oaks neighborhood. Located near the acclaimed Hesby Oaks school, this is a great fixer or teardown on an 8000 sq. ft flat lot on a beautiful tree-lined street. Bring your contractors or builders and get the creative juices flowing. This is a fabulous location close to Ventura Blvd., the Sherman Oaks Galleria, the ArcLight, delicious restaurants and lots of shopping. Easy access to the Westside and the West Valley. Definitely a rare find in this area.

Last Agent to Sell the Property

Davina O'Donnell

Berkshire Hathaway HomeServices California Properties License #01000976 Listed on: 02/21/2016

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Debora Edwards

Berkshire Hathaway HomeServices California Properties License #01963431

Last Buyer's Agent

Amalia Khachikian

Berkshire Hathaway HomeServices California Properties License #00989919

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,852

Year Built

  • Built in 1939

Lot Details

  • 8,000 Sq Ft Lot
  • Level Lot
  • Back and Front Yard
  • Tear Down
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Raised Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,470 Sq Ft Home
  • 1-Story Property
  • Den with Fireplace
  • Galley Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Above Ground Spa
  • Brick Porch or Patio

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 11050
  • Assessor Parcel Number 2261033006

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,852

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2261033006
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1470.00
  • Stories: 1
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Den
  • Levels: One
  • Price Per Square Foot: 530.61
  • Room Type: All Bedrooms Down, Galley Kitchen
  • Spa Features: Above Ground

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Patio And Porch Features: Brick
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Back Yard, Front Yard, Level, Lot 6500-9999, Tear Down
  • Lot Size Sq Ft: 8000.00
  • Price Per Lot Square Foot: 97.50
  • Lot Size Acres: 0.1840

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8000.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 11050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2018
Sold by
Zhang Yi
Bought by
Yi Zhang Revocable Trust
Current Estimated Value
$3,012,669

Purchase Details

Closed on
Nov 18, 2017
Sold by
Cen Danni
Bought by
Zhang Yi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 13, 2017
Sold by
Vias Management Llc
Bought by
Zhang Yi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 21, 2016
Closed on
Mar 1, 2016
Sold by
Dean Jennifer Lee
Bought by
Vias Management Llc
Seller's Agent
Davina O'Donnell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Amalia Khachikian
Berkshire Hathaway HomeServices California Properties
List Price
$725,000
Sold Price
$780,000
Premium/Discount to List
$55,000
7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.37%
Original Mortgage
$978,750
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 24, 2015
Sold by
Holmes Nancy Ann
Bought by
Holmes Nancy Ann and The Nancy Ann Holmes Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Yi Zhang Revocable Trust -- None Available
Zhang Yi -- Chicago Title Company
Zhang Yi $1,900,000 Chicago Title Company
Vias Management Llc $780,000 California Title Company
Holmes Nancy Ann -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yi Zhang Revocable Trust $1,253,000
Previous Owner Zhang Yi $1,330,000
Previous Owner Vias Managemet Llc $55,000
Previous Owner Vias Management Llc $150,000
Previous Owner Vias Management Llc $50,000
Previous Owner Vias Management Llc $978,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2016 04/12/16 Sold $780,000 +7.6% $531 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
02/21/2016 02/21/16 For Sale $725,000 -- $493 / 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 $25,852 $2,161,870 $1,297,123 $864,747
2024 $25,852 $2,119,482 $1,271,690 $847,792
2023 $25,347 $2,077,924 $1,246,755 $831,169
2022 $24,160 $2,037,181 $1,222,309 $814,872
2021 $23,859 $1,997,238 $1,198,343 $798,895
2019 $23,139 $1,938,000 $1,162,800 $775,200
2018 $22,911 $1,900,000 $1,140,000 $760,000
2017 $9,674 $795,600 $636,480 $159,120
2016 $9,457 $780,000 $468,000 $312,000
2015 $872 $66,659 $38,119 $28,540
2014 $884 $65,354 $37,373 $27,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16035930

California Regional Multiple Listing Service (CRMLS)

APN: 2261-033-006