NOT LISTED FOR SALE

16040 Meadowcrest Rd Sherman Oaks, CA 91403

Estimated Value: $2,566,000 - $2,871,000

5 Beds
4 Baths
3,233 Sq Ft
$843/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $1,970,000 $609 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $16,691/month

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • No HOA
  • Van Nuys High School Rated A
  • High Ceiling
  • 3 Car Direct Access Garage

About This Home

As of September 2018

Stunning Mid-Century ranch in prime Royal Woods neighborhood of Sherman Oaks! Westside & Mulholland close, this beautiful, South of the Blvd, 1-level home offers a perfect mix of warm traditional elements with classic Mid-Century detail and easy California living. Gracious entry opens to spacious Formal Living Room with vaulted open beam ceiling, wall of windows overlooking front yard and double-sided stacked stone fireplace. The bright and open Family Room features built-in bookshelves and storage cabinets, vaulted open beam ceiling, and flows seamlessly to light-filled kitchen and breakfast area. Large scale Chef's Kitchen is highlighted by abundant cabinets, professional grade Dacour and Monogram appliances and butcher block center island with seating. A dual hallway layout offers sophisticated Master Bedroom with French doors leading to rear yard plus 2 spacious Guest Bedrooms on one wing and two additional Guest Bedrooms plus Full Bathroom on second hallway off kitchen. Master Bath has glass shower, marble, dual vanities plus make-up area, and jetted spa tub. The gorgeous yard perfect for large scale entertaining, includes newly remodeled heated pool, spacious grassy area and covered patio with built-in swinging lounge chair. Other features include Dual HVAC systems with Nest Thermostats, Eco friendly bamboo floors in most rooms, raised-bed vegetable garden and over-sized 3-car garage with electrical hook-up for Tesla vehicle. This Royal Woods gem – has it all!

Last Agent to Sell the Property

Mario Acosta

Berkshire Hathaway HomeServices California Properties License #01328908 Listed on: 07/27/2018

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,318

Year Built

  • Built in 1959

Lot Details

  • 0.31 Acre Lot
  • Landscaped
  • Property is zoned LARE15

Parking

  • 3 Car Direct Access Garage
  • Parking Available

Interior Spaces

  • 3,233 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Open to Family Room
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Exterior Lighting

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2280019027

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,318

Year Built

Built in 1959

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LARE15
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2280019027
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3233.00 Square Feet
  • Interior Amenities: High Ceilings
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 609.34
  • Room Type: Master Suite
  • Bathroom Features: Double Sinks In Master Bath, Remodeled, Stone Counters
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Pool Features: Private, Gunite, Heated, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13711.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1415.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2018
Closed on
Aug 6, 2018
Sold by
Blue Anthony D
Bought by
Soomekh Simon and Soomekh Chantal
Seller's Agent
Mario Acosta
Berkshire Hathaway HomeServices California Properties
List Price
$2,050,000
Sold Price
$1,970,000
Premium/Discount to List
-$80,000
-3.9%
Current Estimated Value
$2,723,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$753,899
Avg. Annual Appreciation
4.70%
Original Mortgage
$899,000
Outstanding Balance
$771,962
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,951,937

Purchase Details

Closed on
Jul 10, 2018
Sold by
Blue Anthony Dias
Bought by
Blue Anthony D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$899,000
Outstanding Balance
$771,962
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,951,937

Purchase Details

Closed on
Jan 1, 2018
Sold by
Good Rachel Eliza
Bought by
Blue Anthony Dias

Purchase Details

Listed on
Jul 20, 2015
Closed on
Aug 14, 2015
Sold by
Price Stuart
Bought by
Blue Anthony D and Good Rachel Eliza
Seller's Agent
Craig Strong
Compass
Buyer's Agent
Marguerita Andrews
List Price
$1,579,000
Sold Price
$1,600,000
Premium/Discount to List
$21,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$1,280,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2015
Closed on
Jul 30, 2015
Sold by
Price Stuart
Bought by
Price Stuart and Price Andrea
Seller's Agent
Craig Strong
Compass
Buyer's Agent
Marguerita Andrews
List Price
$1,579,000
Sold Price
$1,600,000
Premium/Discount to List
$21,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2005
Sold by
Price Andrea
Bought by
Price Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$955,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2002
Sold by
Nichols Mark
Bought by
Price Stuart and Price Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.08%

Purchase Details

Closed on
May 21, 1999
Sold by
Fishman Arnold
Bought by
Nichols Mark and Nichols Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
7.5%
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
Soomekh Simon $1,970,000 California Title Company
Blue Anthony D -- Chicago Title Company
Blue Anthony Dias -- None Available
Blue Anthony D $1,600,000 Chicago Title Company
Price Stuart -- None Available
Price Stuart -- --
Price Stuart $880,000 Old Republic Title Company
Nichols Mark $630,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soomekh Simon $899,000
Previous Owner Blue Anthony D $1,280,000
Previous Owner Blue Anthony D $1,280,000
Previous Owner Price Stuart $955,000
Previous Owner Price Stuart $650,000
Previous Owner Nichols Mark $630,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2018 09/21/18 Sold $1,970,000 -3.9% $609 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $2,050,000 +28.1% $634 / Sq Ft
09/14/2015 09/14/15 Sold $1,600,000 +1.3% $495 / Sq Ft View Prior Sale
07/29/2015 07/29/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $1,579,000 -- $488 / 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 $26,318 $2,197,568 $1,098,784 $1,098,784
2024 $26,318 $2,154,480 $1,077,240 $1,077,240
2023 $25,805 $2,112,236 $1,056,118 $1,056,118
2022 $24,620 $2,070,820 $1,035,410 $1,035,410
2021 $24,318 $2,030,216 $1,015,108 $1,015,108
2019 $23,604 $1,970,000 $985,000 $985,000
2018 $20,323 $1,664,640 $832,320 $832,320
2016 $19,416 $1,600,000 $800,000 $800,000
2015 $13,240 $1,081,677 $550,673 $531,004
2014 -- $1,060,490 $539,887 $520,603
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18181436

California Regional Multiple Listing Service (CRMLS)

APN: 2280-019-027