NOT LISTED FOR SALE

17500 Sherman Way Unit 103 van Nuys, CA 91406

Estimated Value: $582,000 - $693,000

2 Beds
2 Baths
1,462 Sq Ft
$390/mo HOA Fee

Last Sold July 28, 2020

Last sale price $425,500 $291 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,120/month

12 Days on Market

Highlights

  • Sauna
  • Neighborhood Views
  • 2 Car Attached Garage
  • End Unit
  • Community Pool
  • Laundry Room

About This Home

As of July 2020

Fabulous Lake Balboa single story condo at the Gateway condominiums complex. First time on the market in nearly 20 years. Fantastic floorplan with over 1450 square feet of living space. Two spacious bedrooms/two full baths. Gorgeous hardwood flooring throughout. Huge living/dining areas with fireplace, with sliders that lead to the private patio area. Large eat in kitchen. Master bedroom suite is highlighted by a large walk in closet and ensuite full bath. Tremendous end unit with only 1 shared wall and a quiet interior location. IN UNIT LAUNDRY!! Well maintained complex with elevator, community pool/spa and sauna areas. Two side by side parking spaces. Unit 103 is located on the 2nd floor of the complex, as the first level is for the main lobby, parking and elevator. This is an amazing opportunity to add your finishing touches and make this special home your own! Don’t miss it!!

Last Agent to Sell the Property

Arto Poladian

Redfin Corporation License #01779642 Listed on: 06/04/2020

Redfin Corporation

Last Buyer's Agent

Kenny Kw Cho

Western Realty Group License #01793809

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,617

Year Built

  • Built in 1981

Lot Details

  • End Unit
  • No Units Located Below
  • 1 Common Wall

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,462 Sq Ft Home
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 34388
  • Assessor Parcel Number 2228020047

Community Details

Overview

  • 24 Units
  • Gateway HOA
  • Gatewaybodhoa@Gmail.Com HOA

Amenities

  • Sauna

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,617

Year Built

Built in 1981

Lot Details

0

HOA Fees

$390 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2228020047
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1462.00 Square Feet
  • Common Walls: 1 Common Wall, End Unit, No One Below
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 291.04
  • Room Type: Living Room

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna
  • Association Fee: 390.00
  • Association Fee Frequency: Monthly
  • Association Name: Gateway HOA
  • Phone: email only
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: gatewaybodhoa@gmail.com

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 40405.00
  • Lot Size Acres: 0.9276

Multi Family

  • Lease Considered: No
  • Lot Size Area: 40405.0000 Square Feet
  • Number Of Units In Community: 24
  • Number Of Units Total: 24

Tax Info

  • Tax Census Tract: 1320.02
  • Tax Lot: 1
  • Tax Tract Number: 34388

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2021
Sold by
Choi Joung K and Nam Young
Bought by
Joung Kyu Choi & Young Nam Choi Living Trust and Cho Young
Current Estimated Value
$616,995

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jun 30, 2020
Sold by
Rakach Anna
Bought by
Choi Joung K and Choi Young Nam
Seller's Agent
Arto Poladian
Redfin Corporation
Buyer's Agent
Kenny Kw Cho
Western Realty Group
List Price
$425,000
Sold Price
$425,500
Premium/Discount to List
$500
0.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$404,225
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2010
Sold by
Rakach Yuriy
Bought by
Rakach Yuriy and Rakach Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2000
Sold by
Voronova Lioudmila
Bought by
Rakach Yuriy and Rakach Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,700
Interest Rate
7.9%

Purchase Details

Closed on
Aug 2, 1999
Sold by
Beck Eugene
Bought by
Voronova Lioudmila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
7.7%
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
Joung Kyu Choi & Young Nam Choi Living Trust -- None Listed On Document
Choi Joung K $425,500 Old Republic Title Company
Rakach Yuriy -- Cctn
Rakach Yuriy $131,000 American Title Co
Voronova Lioudmila $115,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Choi Joung K $404,225
Previous Owner Rakach Yuriy $208,000
Previous Owner Rakach Yuriy $117,700
Previous Owner Voronova Lioudmila $109,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2020 07/28/20 Sold $425,500 +0.1% $291 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $425,000 -- $291 / 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 $5,617 $460,030 $254,153 $205,877
2024 $5,617 $451,011 $249,170 $201,841
2023 $5,510 $442,169 $244,285 $197,884
2022 $5,253 $433,500 $239,496 $194,004
2021 $5,184 $425,000 $234,800 $190,200
2020 $2,268 $180,478 $42,705 $137,773
2019 $2,184 $176,940 $41,868 $135,072
2018 $2,144 $173,472 $41,048 $132,424
2016 $2,032 $166,738 $39,455 $127,283
2015 $2,002 $164,235 $38,863 $125,372
2014 $2,014 $161,019 $38,102 $122,917
Source: Public Records

Agents Affiliated with this Home

  • Kenny Kw Cho

    Buyer's Agent in 2020

    Kenny Kw Cho

    Western Realty Group

    (213) 342-1004

    18 Total Sales

    Kenny Kw Cho
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB20107187

California Regional Multiple Listing Service (CRMLS)

APN: 2228-020-047

California Los Angeles County Van Nuys 91406

17500 Sherman Way Unit 103, Van Nuys, CA

This home is located at 17500 Sherman Way Unit 103, van Nuys, CA 91406 since 04 June 2020 and is currently estimated at $616,995, approximately $422 per square foot. This property was built in 1981. 17500 Sherman Way Unit 103 is a home located in Los Angeles County with nearby schools including Anatola Avenue Elementary School, William Mulholland Middle, and Magnolia Science Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes