NOT LISTED FOR SALE

17510 Sherman Way Unit 109 van Nuys, CA 91406

Estimated Value: $589,000 - $644,000

3 Beds
2 Baths
1,763 Sq Ft
$350/mo HOA Fee

Last Sold October 20, 2016

Last sale price $415,000 $235 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,996/month

Highlights

  • In Ground Pool
  • All Bedrooms Downstairs
  • Gated Community
  • Primary Bedroom Suite
  • Automatic Gate
  • Updated Kitchen

About This Home

As of October 2016

Stunning one level condo in Lake Balboa. Extensive remodeled lrg corner unit, 3+2, 1,763 sf w/a modern flair, quality & sophistication. Spectacular sized great room open feel w/lrg balcony. FP w/stainless steel insert for an infinity flame effect & surrounded by hickory wood built-ins w/stone counters. Impressive wide plank wood laminate flooring throughout exude elegance & beauty. Gorgeous newly remodeled kit w/cherry wood cabinets, pull outs & self-closing drawers, corian counters, tile floors, island/breakfast bar w/built-in wine rack, decorative tiled splash wall & recess lites. Laundry room w/new washer & dryer. Sumptuous MBR w/walk-in closet, new remodeled luxury bath w/double sinks & tub/shower glass enclosure. Generous sized 2nd BR. 3rd BR/convertible den w/built-ins & wet bar. New remodeled hall bath. Dual paned windows, high ceilings, Hunter Douglas honey comb reducing sound blinds for windows & sliders, new light fixtures, ceiling fans, new interior paint & lots of storage. Gated complex with 2 car parking side by side, storage room, pool, spa, sauna & rec room w/low $350/mo HOA dues w/water. Idyllic Lake Balboa close to freeways, shopping, restaurants, lakes, rec facilities, golf courses, biking & walking trails, parks & dog park. A winner!

Last Agent to Sell the Property

Sergio Arnold

Coldwell Banker Realty License #01249651 Listed on: 08/25/2016

Coldwell Banker Realty

Last Buyer's Agent

Anna Dolmazyan

Dolmazzi Real Estate & Loans License #01512621

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,855

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • End Unit
  • No Units Located Below
  • Two or More Common Walls
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Garden

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available
  • Side by Side Parking
  • Garage Door Opener
  • Automatic Gate
  • Community Parking Structure

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Common Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,763 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Decorative Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Entryway
  • Great Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Center Hall
  • Intercom

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Corian Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Converted Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Property is near public transit
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 34388
  • Assessor Parcel Number 2228020042

Community Details

Overview

  • Master Insurance
  • Gateway HOA
  • Maintained Community
  • Greenbelt

Amenities

  • Sauna
  • Recreation Room
  • Community Storage Space

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,855

Year Built

Built in 1981 | Remodeled

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: washer and dryer, refrigerator, stove, wall mounted tvs
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: No
  • Zoning: LARD1.5
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2228020042
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1763.00
  • Interior Amenities: Built-in Features, Balcony, Ceiling Fan(s), Coffered Ceiling(s), Corian Counters, High Ceilings, Intercom, Living Room Balcony, Open Floorplan, Recessed Lighting, Storage, Stone Counters, Wet Bar
  • Stories: 2
  • Entry Location: Ground Level With Steps,Living Room,Elevator
  • Common Walls: 2+ Common Walls, End Unit, No One Below
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Fireplace Features: Decorative, Gas Starter, Living Room
  • Levels: One
  • Price Per Square Foot: 235.39
  • Room Type: All Bedrooms Down, Converted Bedroom, Center Hall, Entry, Great Room, Living Room, Master Suite, Walk-In Closet
  • Spa Features: Association, Heated, In Ground
  • Window Features: Blinds, Drapes, Double Pane Windows
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • Pool Features: Association, Community, Gunite, In Ground
  • Pool Private: No
  • Roof: Common Roof
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Community Structure, Garage Door Opener, Gated, Side by Side, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Individual Room, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly, Insurance, Maintenance Grounds, Pet Rules, Pool, Recreation Room, Sauna, Spa/Hot Tub, Storage, Water
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: Gateway HOA
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Greenbelt, Level, Rectangular Lot, Lot Over 40000 Sqft, Paved, Sprinkler System, Near Public Transit

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 34388

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2020
Sold by
Lee Su Yeon
Bought by
Lee Chris
Current Estimated Value
$629,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$301,728
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$327,286

Purchase Details

Listed on
Aug 25, 2016
Closed on
Sep 8, 2016
Sold by
Berthelot Deborah
Bought by
Lee Chris
Seller's Agent
Sergio Arnold
Coldwell Banker Realty
Buyer's Agent
Anna Dolmazyan
Dolmazzi Real Estate & Loans
List Price
$410,000
Sold Price
$415,000
Premium/Discount to List
$5,000
1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$352,750
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 10, 2011
Closed on
Mar 26, 2012
Sold by
Berthelot Alexandre J
Bought by
Berthelot Deborah
Seller's Agent
Emmanuel Xuereb
Compass
Buyer's Agent
Sam Shab
Compass
List Price
$230,000
Sold Price
$185,000
Premium/Discount to List
-$45,000
-19.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.38%

Purchase Details

Closed on
Jan 18, 2012
Sold by
Watson Leo D
Bought by
Berthelot Deborah

Purchase Details

Closed on
May 27, 2004
Sold by
Ramsey Daniel Todd and Ramsey Dina
Bought by
Watson Leo D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2004
Sold by
Ramsey Daniel Todd and Ramsey Dina
Bought by
Ramsey Daniel Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 14, 2001
Sold by
Fried Robert A and Fried Dennis K
Bought by
Ramsey Daniel Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,080
Interest Rate
6.63%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 2001
Sold by
Zipp Stephen L and Zipp Barbara E
Bought by
Fried Robert A
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
Lee Chris -- First American Title Company
Lee Chris -- First American Title Company
Lee Chris $415,000 Equity Title Los Angeles
Berthelot Deborah -- Fidelity National Title Co
Berthelot Deborah $185,000 Fidelity National Title Co
Watson Leo D $350,000 Fidelity Van Nuys
Ramsey Daniel Todd -- --
Ramsey Daniel Todd $164,000 Lawyers Title Company
Fried Robert A -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Chris $340,000
Closed Lee Chris $352,750
Previous Owner Watson Leo D $280,000
Previous Owner Ramsey Daniel Todd $30,000
Previous Owner Ramsey Daniel Todd $159,080
Closed Watson Leo D $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2016 10/20/16 Sold $415,000 +1.2% $235 / Sq Ft
09/04/2016 09/04/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $410,000 +121.6% $233 / Sq Ft
03/30/2012 03/30/12 Sold $185,000 0.0% $105 / Sq Ft View Prior Sale
12/16/2011 12/16/11 Price Changed $185,000 -7.5% $105 / Sq Ft
12/03/2011 12/03/11 Price Changed $200,000 -13.0% $113 / Sq Ft
11/10/2011 11/10/11 For Sale $230,000 -- $130 / 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 $3,855 $481,637 $247,667 $233,970
2024 $3,855 $472,194 $242,811 $229,383
2023 $5,780 $462,936 $238,050 $224,886
2022 $5,511 $453,860 $233,383 $220,477
2021 $5,437 $444,961 $228,807 $216,154
2019 $5,276 $431,765 $222,021 $209,744
2018 $5,234 $423,300 $217,668 $205,632
2016 $2,480 $196,290 $48,807 $147,483
2015 $2,445 $193,342 $48,074 $145,268
2014 $2,460 $189,556 $47,133 $142,423
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16188046

California Regional Multiple Listing Service (CRMLS)

APN: 2228-020-042