NOT LISTED FOR SALE

15974 Tobin Way Sherman Oaks, CA 91403

Estimated Value: $1,627,000 - $2,322,000

5 Beds
3 Baths
3,050 Sq Ft
$653/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $1,440,000 $472 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $12,099/month

Highlights

  • Primary Bedroom Suite
  • Canyon View
  • Main Floor Bedroom
  • Van Nuys High School Rated A
  • Fireplace in Primary Bedroom
  • Modern Architecture

About This Home

As of January 2024

Be the first to live in this expansive, fully renovated 5 bed / 3 bath house situated at the end of a cul-da-sac in one of the most desirable family-oriented neighborhoods - Royal Woods. The main level includes a full bedroom with connected en-suite, living room with fireplace, dining room, modern wet bar, spacious chefs kitchen containing 3 pantries and a dedicated breakfast nook, separate laundry area with new equipment, and a bonus room that can be utilized as a sunroom, gym, or creative space. The 2nd level contains 3 large bedrooms and the primary bedroom, each of which contain generous closet space. The primary bedroom includes a connected en-suite bathroom with a 72" double vanity, fireplace, and direct access to a 50+ foot balcony with a great view of the valley floor. All bedrooms can accommodate a king size bed in addition to nightstands, desks, and other furniture pieces. The house receives plenty of natural sunlight given its unimpeded positioning and large windows. The outdoor space is as expansive as the indoor space providing multiple areas to fulfill any entertainer's or family's needs. The house is equipped with a fully-automated outdoor Ring security camera/flood light system controlled via Smartphone in addition to a secure, high-end digital + keyed front door lock. The house contains an attached 2 car garage with a driveway that can accommodate additional parking as well. This house is turn-key and ready to become your new home today! Pets are allowed at the property with owner's consent.

Last Agent to Rent the Property

Ethan Forman

Keller Williams Larchmont License #02094854 Listed on: 01/29/2024

Keller Williams Larchmont

Last Renter's Agent

Monica Der

LPT Realty, Inc License #01869615

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,896

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 10,416 Sq Ft Lot
  • Lot Dimensions are 143x75
  • Cul-De-Sac
  • East Facing Home
  • Gated Home
  • Block Wall Fence
  • Landscaped
  • Sprinkler System
  • Back Yard
  • Property is zoned LARE15

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Modern Architecture
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 3,050 Sq Ft Home
  • 2-Story Property
  • Bar
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Bonus Room
  • Laminate Flooring
  • Canyon Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Double Convection Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Double Vanity
  • Low Flow Toliet
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Rain Gutters

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $14,250
  • Tenant pays for cable TV, electricity, gas, water, trash collection
  • Rent includes gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 2280-022-044

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,896

Year Built

Built in 1961 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Rent Control: No
  • Rent Excludes: Utilities (water/sewer, trash, electric, & gas) and cable/internet.
  • Rent Includes: Gardener
  • Security Deposit: 14250
  • Tenant Pays: Cable TV, Electricity, Gas, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Lease Terms: 1+Year
  • Living Area: 3050
  • Lot Acreage: 0.2391
  • Lot Dimensions: 143x75
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1961
  • Number Of Photos: 66
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar
  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Laminate
  • Appliances: Convection Oven, Cooktop - Electric, Double Oven, Microwave
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Master Bedroom, WalkInCloset, Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s), Tile, Remodeled, Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area
  • Kitchen Features: Open to Family Room, Remodeled, Ceramic Counters
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Washer, Refrigerator, Water Line to Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 3.11

Exterior Features

  • Direction Faces: East
  • Construction: Hard Coat
  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Block
  • Patio: Balcony
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: Canyon
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Driveway
  • Total Parking: 4

Utilities

  • Volt 220: In Laundry
  • Water Heater: Gas
  • Cooling: Air Conditioning
  • Heating: Forced Air
  • Security: Carbon Monoxide Detector(s), Exterior Security Lights, Gated, Smoke Detector
  • Water: Meter on Property

Association/Amenities

  • Pet Rules: Pets Permitted, Yes

Lot Info

  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 2280-022-044
  • Lot Description: Back Yard, Fenced, Exterior Security Lights, Gutters, Landscaped
  • Lot Location: Cul-De-Sac
  • Lot Size Area: 10416

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Dec 15, 2023
Sold by
Potter 1997 Trust
Bought by
Forman Ethan Alexander
Seller's Agent
Ethan Forman
Keller Williams Larchmont
Buyer's Agent
Monica Der
LPT Realty, Inc
Sold Price
$9,500
Views
24
Current Estimated Value
$1,992,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,983,417
Avg. Annual Appreciation
20.03%
Original Mortgage
$1,152,000
Outstanding Balance
$1,132,657
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$860,260

Purchase Details

Closed on
Dec 17, 1997
Sold by
Potter Harold D and Potter Janette C
Bought by
Potter Harold Dean and Potter Janette Conley
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Forman Ethan Alexander $1,440,000 Fidelity National Title
Potter Harold Dean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forman Ethan Alexander $1,152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2024 01/31/24 Rented $9,500 0.0% --
01/31/2024 01/31/24 Under Contract -- -- --
01/29/2024 01/29/24 For Rent $9,500 0.0% --
12/27/2023 12/27/23 Sold $1,440,000 -10.0% $521 / Sq Ft View Prior Sale
11/26/2023 11/26/23 Pending -- -- --
10/22/2023 10/22/23 Price Changed $1,600,000 -5.9% $578 / Sq Ft
10/13/2023 10/13/23 For Sale $1,700,000 +18.1% $615 / Sq Ft
10/06/2023 10/06/23 Off Market $1,440,000 -- --
09/29/2023 09/29/23 Price Changed $1,700,000 0.0% $615 / Sq Ft
09/29/2023 09/29/23 For Sale $1,700,000 +18.1% $615 / Sq Ft
09/22/2023 09/22/23 Off Market $1,440,000 -- --
08/29/2023 08/29/23 Price Changed $2,000,000 -9.1% $723 / Sq Ft
08/19/2023 08/19/23 For Sale $2,200,000 -- $795 / 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 $17,896 $1,468,800 $1,175,040 $293,760
2024 $17,896 $1,440,000 $1,152,000 $288,000
2023 $2,681 $178,799 $67,836 $110,963
2022 $2,594 $175,294 $66,506 $108,788
2021 $2,551 $171,857 $65,202 $106,655
2019 $2,485 $166,762 $63,269 $103,493
2018 $2,403 $163,493 $62,029 $101,464
2016 $2,263 $157,146 $59,621 $97,525
2015 $2,235 $154,787 $58,726 $96,061
2014 $2,251 $151,756 $57,576 $94,180
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-347563

The MLS

APN: 2280-022-044