$575,000
SOLD MAY 22, 2025

17510 Sherman Way Unit 107 van Nuys, CA 91406

2 Beds
2 Baths
1,499 Sq Ft
$500/mo HOA Fee

Recently Sold

$384 Per Sq Ft

1% Below List Price

27 Days on Market

Highlights

  • In Ground Pool
  • Gated Parking
  • 0.93 Acre Lot
  • Sauna
  • Gated Community
  • Clubhouse

About This Home

As of May 2025

Who said two story is better? Give your knees a break! No more going up and down stairs for laundry, coffee, etc.

This stunning, single-level condo is located in the beautiful palm tree lined street of Sherman Way in Lake Balboa. Walking distance from parks, shopping & fun. This community offers 2 SIDE BY SIDE PARKING SPACES plus plenty of guest parking in and around the community, a PRIVATE WELL SIZED STORAGE CLOSET, and plenty of amenities, including a POOL, JACUZZI, clubhouse and SAUNA. The home has DOUBLE-PANED WINDOWS AND SLIDING PATIO DOORS that include a lifetime warranty. The featured 1,500 sqft and minimal upkeep of this unique condo make it perfect for entertaining, raising a young family or simply relaxing in retirement.

Enter the front door to find an inviting entryway flowing directly into a vast and open living area with natural light and laminate flooring throughout. Enjoy extra light with NEWLY INSTALLED RECESSED LIGHTS that warmly fill the large main living space, which views the large, customized private patio and opens to the dining room, allowing for mingling while entertaining family and friends. Step into the newly painted galley kitchen with refreshed cabinetry, where daylight streams through a perfectly placed window at the far end of a cozy breakfast nook. A separate laundry room contains A NEW WASHER AND DRYER, extra storage space and room for a deep freezer. On the opposite side of the unit, you’ll find a private, closed-door hallway leading to a roomy guest bedroom and guest bathroom. Towards the end of the hall is the quiet, grand master suite, offering plenty of natural light, linen cabinets and a walk-in closet. Both bathrooms include new modern vanity mirrors. PICTURES DON’T TELL THE WHOLE STORY, come on by and see for yourself. Stop your search today and claim this lovely unit as your own!

Last Agent to Sell the Property

Wendy Lopez

Epik Realty, Inc Brokerage Phone: 818-297-3557 License #02022331 Listed on: 04/01/2025

Last Buyer's Agent

Kaitlin Zemet

Coldwell Banker Realty License #02094146

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Side by Side Parking
  • Gated Parking
  • Assigned Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,499 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Sauna
  • Laminate Flooring
  • Pool Views
  • Intercom

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • In Ground Pool
  • Exterior Lighting
  • Outdoor Storage

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 8852
  • Tax Tract Number 34388
  • Assessor Parcel Number 2228020050

Community Details

Overview

  • Front Yard Maintenance
  • 12 Units
  • Gateway HOA, Phone Number (818) 708-7585

Amenities

  • Picnic Area
  • Sauna
  • Clubhouse
  • Community Storage Space

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: tv, tv mount, sonos soundbar, Apple 4k monitor, washer, dryer
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2228020050
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1499.00 Square Feet
  • Interior Amenities: Elevator, Intercom, Recessed Lighting
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Accessibility Features: Accessible Elevator Installed, No Interior Steps, Parking
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 383.59
  • Room Type: All Bedrooms Down, Entry, Galley Kitchen, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Sauna, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Other Structures: Storage
  • Exterior Features: Lighting
  • View: Pool
  • Pool Features: Community, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Gated, Side by Side
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Picnic Area, Clubhouse, Storage, Trash, Water, Pets Permitted, Controlled Access, Maintenance Front Yard
  • Association Fee: 500.00
  • Association Fee Frequency: Monthly
  • Association Name: Gateway HOA
  • Phone: 818-708-7585
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Urban
  • Association Management: Gateway HOA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 40417.00
  • Lot Size Acres: 0.9278

Multi Family

  • Lease Considered: No
  • Lot Size Area: 40417.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 12

Tax Info

  • Tax Lot: 8852
  • Tax Tract Number: 34388

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2025
Closed on
May 1, 2025
Sold by
Lusher Brad David and Bernadeth Narulita
Bought by
Martinez Mayra E Romero
Seller's Agent
Wendy Lopez
Epik Realty, Inc
Buyer's Agent
Kaitlin Zemet
Coldwell Banker Realty
List Price
$579,998
Sold Price
$575,000
Premium/Discount to List
-$4,998
-0.86%
Views
105
Current Estimated Value
$591,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,950
Avg. Annual Appreciation
4.36%
Original Mortgage
$516,925
Outstanding Balance
$513,202
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$78,748

Purchase Details

Closed on
Aug 13, 2019
Sold by
Karageorgis Stavros N
Bought by
Stavros N Stavros N and Roseberry Kathleen M

Purchase Details

Closed on
Jul 6, 2015
Sold by
Karageorgis Stavros N
Bought by
Karageorgis Stavros N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2010
Sold by
Karageorgis Stavros N
Bought by
Karageorgis Stavros N and Karageorgis Delana K D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2010
Sold by
Fannie Mae
Bought by
Karageorgis Stavros N and Karageorgis Delana K D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2009
Sold by
Kim Young Lok
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 18, 2005
Sold by
Cho Kyungsook
Bought by
Kim Young Lok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 23, 2003
Sold by
Cho Youngjune
Bought by
Cho Kyungsook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2000
Sold by
Boscoe Irene
Bought by
Cho Youngjune and Cho Kyungsook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
7.83%

Purchase Details

Closed on
Feb 4, 1999
Sold by
Boscoe Irene
Bought by
Boscoe Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
6.79%

Purchase Details

Closed on
Jun 22, 1997
Sold by
Boscoe Irene
Bought by
Boscoe Irene and The Irene Boscoe 1990 Trust

Purchase Details

Closed on
Aug 28, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Boscoe Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
7.97%

Purchase Details

Closed on
Apr 5, 1995
Sold by
Brentwood Reuben and Brentwood Victoria
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $575,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Orange Coast Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $260,000 Old Republic Title Company
Trustee Deed $247,099 Landsafe Title
Grant Deed $355,000 --
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- Chicago Title
Individual Deed $115,000 First American Title Co
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- --
Corporate Deed $82,500 Orange Coast Title
Trustee Deed $80,000 World Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $516,925 New Conventional
Previous Owner $230,000 New Conventional
Previous Owner $247,000 New Conventional
Previous Owner $205,000 Negative Amortization
Previous Owner $176,000 Purchase Money Mortgage
Previous Owner $103,500 No Value Available
Previous Owner $71,500 No Value Available
Previous Owner $74,250 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2025 05/22/25 Sold $575,000 -0.9% $384 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $579,998 +11.5% $387 / Sq Ft
05/25/2021 05/25/21 Sold $520,000 +10.9% $347 / Sq Ft View Prior Sale
05/01/2021 05/01/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $469,000 -- $313 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,829 $562,861 $339,233 $223,628
2024 $6,829 $551,826 $332,582 $219,244
2023 $6,698 $541,007 $326,061 $214,946
2022 $6,385 $530,400 $319,668 $210,732
2021 $3,753 $310,046 $132,603 $177,443
2020 $3,787 $306,868 $131,244 $175,624
2019 $3,641 $300,852 $128,671 $172,181
2018 $3,600 $294,954 $126,149 $168,805
2016 $3,425 $283,502 $121,251 $162,251
2015 $3,374 $279,244 $119,430 $159,814
2014 -- $273,775 $117,091 $156,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25070392

California Regional Multiple Listing Service (CRMLS)

APN: 2228-020-050