NOT LISTED FOR SALE

16718 Nicklaus Dr Unit 60 Sylmar, CA 91342

Estimated Value: $554,000 - $646,000

2 Beds
2 Baths
1,061 Sq Ft
$340/mo HOA Fee

Last Sold June 09, 2020

Last sale price $410,000 $386 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,006/month

13 Days on Market

Highlights

  • 24-Hour Security
  • All Bedrooms Downstairs
  • 0.53 Acre Lot
  • Spa
  • Updated Kitchen
  • Mountain View

About This Home

As of June 2020

Welcome home to this wonderful property at the Legends of Cascades Community by KB Homes! This fabulous 2+2, 1061 square foot condo features a one level open floor plan, upgrades galore, two-car garage, and two balconies. Built in 2008 and nestled into the foothills, the Legends of Cascades community offers views, a sparkling community pool, spa, showers, B-B-Q area, security, walking and hiking trails, picnic area and sprawling playground. Conveniently located near the 5, the 405 and the 210 freeways, this property is fantastic for commuters. Valencia living at Sylmar prices with shorter distances for all those that commute making this Sylmar living at its Finest! This complex is not FHA approved.

Last Agent to Sell the Property

Paulyne Mousakhani

Keller Williams Realty World Media Center License #02033195 Listed on: 04/24/2020

Keller Williams Realty World Media Center

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,058

Year Built

  • Built in 2008 | Remodeled

Lot Details

  • End Unit
  • 1 Common Wall
  • Security Fence
  • Density is 2-5 Units/Acre

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,061 Sq Ft Home
  • Drapes & Rods
  • Sliding Doors
  • Laminate Flooring
  • Mountain Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • All Bedrooms Down
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower

Outdoor Features

  • Spa
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 60913
  • Assessor Parcel Number 2582040063

Community Details

Overview

  • 5 Units
  • The Legends At Cascades Association, Phone Number (818) 587-9500
  • Fairways At Cascades Association, Phone Number (661) 295-4900

Recreation

  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,058

Year Built

Built in 2008 | Remodeled

Lot Details

0

HOA Fees

$340 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: 24 Hour Security
  • View: Yes
  • Zoning: LARD3
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2582040063
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1061.00 Square Feet
  • Interior Amenities: Balcony
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 386.43
  • Room Type: All Bedrooms Down, Master Bathroom, Master Bedroom
  • Spa Features: Association
  • Window Features: Drapes
  • Bathroom Features: Bathtub, Shower In Tub, Tile Counters
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Security
  • Pool Features: Association
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Closet, Inside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: fairways at Cascades
  • Amenities: Pool
  • Association Fee: 233.00
  • Association #2 Fee: 107.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: the legends at Cascades
  • Phone: 818-587-9500
  • Association Phone #2: 661-295-4900
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 22914.00
  • Lot Size Acres: 0.5260

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22914.0000 Square Feet
  • Number Of Units In Community: 5
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1065.10
  • Tax Lot: 1
  • Tax Tract Number: 60913

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
Hovsepian Derick and Haghverdian Arlene
Bought by
Hovsepian Derick and Haghverdian Arlene
Current Estimated Value
$585,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Outstanding Balance
$331,819
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$253,313

Purchase Details

Listed on
Apr 24, 2020
Closed on
May 29, 2020
Sold by
Artoonian Oshin and Gharapetian Manifa
Bought by
Hovsepian Derick and Haghverdian Arlene
Seller's Agent
Paulyne Mousakhani
Keller Williams Realty World Media Center
List Price
$389,000
Sold Price
$410,000
Premium/Discount to List
$21,000
5.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$362,700
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2020
Closed on
May 19, 2020
Sold by
Haghverdian Masis
Bought by
Haghverdian Vartoush
Seller's Agent
Paulyne Mousakhani
Keller Williams Realty World Media Center
List Price
$389,000
Sold Price
$410,000
Premium/Discount to List
$21,000
5.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,700
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2016
Closed on
Nov 3, 2016
Sold by
Morgan Derrick and Gustave Morgan Angela
Bought by
Gharapetian Manifa and Artoonian Oshin
Seller's Agent
Kristine Fine
RE/MAX Gateway
Buyer's Agent
Kristine Fine
RE/MAX Gateway
List Price
$319,999
Sold Price
$330,000
Premium/Discount to List
$10,001
3.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$313,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2008
Sold by
Kb Home Greater Los Angeles Inc
Bought by
Morgan Derrick and Gustave Morgan Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,662
Interest Rate
6.31%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Hovsepian Derick -- First American Title Company O
Hovsepian Derick $410,000 First American Title Company
Haghverdian Vartoush -- Lawyers Title
Gharapetian Manifa $330,000 Ticor Title Co
Morgan Derrick $304,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hovsepian Derick $371,000
Previous Owner Hovsepian Derick $362,700
Previous Owner Gharapetian Manifa $313,500
Previous Owner Morgan Derrick $299,662
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2020 06/09/20 Sold $410,000 +5.4% $386 / Sq Ft
04/24/2020 04/24/20 For Sale $389,000 +17.9% $367 / Sq Ft
12/16/2016 12/16/16 Sold $330,000 +3.1% $311 / Sq Ft View Prior Sale
10/25/2016 10/25/16 Pending -- -- --
10/19/2016 10/19/16 For Sale $319,999 -- $302 / 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 $7,058 $462,715 $250,736 $211,979
2024 $6,964 $453,643 $245,820 $207,823
2023 $6,833 $444,749 $241,000 $203,749
2022 $6,392 $422,531 $226,930 $195,601
2021 $6,817 $414,247 $222,481 $191,766
2020 $6,131 $350,197 $163,319 $186,878
2019 $5,903 $343,331 $160,117 $183,214
2018 $5,810 $336,600 $156,978 $179,622
2016 $5,536 $331,128 $108,779 $222,349
2015 $5,440 $326,156 $107,146 $219,010
2014 $5,427 $319,768 $105,048 $214,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB20079119

California Regional Multiple Listing Service (CRMLS)

APN: 2582-040-063