17510 Sherman Way Unit 107 van Nuys, CA 91406
Lake Balboa Neighborhood
2
Beds
2
Baths
1,499
Sq Ft
$500/mo
HOA Fee
Highlights
- In Ground Pool
- Gated Parking
- 0.93 Acre Lot
- Sauna
- Gated Community
- Clubhouse
About This Home
As of May 2025Who 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
Epik Realty, Inc Brokerage Phone: 818-297-3557 License #02022331 Listed on: 04/01/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,829
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
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2021
Closed on
May 12, 2021
Sold by
Karageorgis Stavros N and Roseberry Kathleen M
Bought by
Lusher Brad David and Lusher Bernadeth Narulita
Seller's Agent
Holly Patterson
Keller Williams World Media Center
List Price
$469,000
Sold Price
$520,000
Premium/Discount to List
$51,000
10.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.78%
Original Mortgage
$465,500
Outstanding Balance
$423,915
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$157,519
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
$115,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving
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
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $520,000 | Chicago Title Company | |
| 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 | $465,500 | New Conventional | |
| Previous Owner | $230,000 | New Conventional | |
| Previous Owner | $233,500 | New Conventional | |
| Previous Owner | $247,000 | New Conventional | |
| Previous Owner | $115,000 | Credit Line Revolving | |
| Previous Owner | $132,500 | Credit Line Revolving | |
| Previous Owner | $114,500 | Credit Line Revolving | |
| Previous Owner | $205,000 | Negative Amortization | |
| Previous Owner | $165,000 | Credit Line Revolving | |
| Previous Owner | $85,000 | Credit Line Revolving | |
| Previous Owner | $176,000 | Purchase Money Mortgage | |
| Previous Owner | $30,000 | Credit Line Revolving | |
| 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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 Compared to Growth
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 |
|---|---|---|---|---|
| 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
-
Wendy Lopez
Seller's Agent in 2025
Wendy Lopez
Epik Realty, Inc
(818) 363-1717
1 in this area
10 Total Sales
-
Kaitlin Zemet
K
Buyer's Agent in 2025
Kaitlin Zemet
Coldwell Banker Realty
(818) 788-5400
1 in this area
20 Total Sales
-
Holly Patterson
Seller's Agent in 2021
Holly Patterson
Keller Williams World Media Center
(818) 521-0323
1 in this area
34 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25070392
APN: 2228-020-050
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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
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