NOT LISTED FOR SALE

17853 Sherman Way Unit 1 Reseda, CA 91335

Reseda Neighborhood

Estimated Value: $654,000 - $777,000

3 Beds
2.5 Baths
1,937 Sq Ft
$366/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $640,000 $330 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,915/month

20 Days on Market

Highlights

  • No Units Above
  • Updated Kitchen
  • Granite Countertops
  • Primary Bedroom Suite
  • 0.31 Acre Lot
  • Balcony

About This Home

As of August 2023

Welcome home to this beautifully remodeled Tri-level townhome. This 1,937 sqft home showcases a beautiful living room with fireplace, dining area and a family room. The chef's kitchen has beautiful granite countertops, gorgeous cabinets, stainless steel appliances and tile floors. Recessed lighting throughout and two balconies. All 3 bedrooms are upstairs. All 2.5 bathrooms are newly remodeled. Laundry is in the unit and there is a direct access from the 2 car (side by side) garage. This 10 unit complex is located close to shopping, Restaurants and Freeway access.

Last Listed By

Michelle Peer

HomeBased Realty License #00985876 Listed on: 06/02/2023

HomeBased Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,909

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $328 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors

Interior Spaces

  • 1,937 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Family Room
  • Living Room
  • Tile Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Bathtub
  • Walk-in Shower

Additional Features

  • Balcony
  • Central Heating and Cooling System

Community Details

  • Master Insurance
  • 10 Units
  • Sherman Way HOA, Phone Number (909) 931-7441
  • Condo Properties HOA

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 33054
  • Assessor Parcel Number 2121010023
  • $225 per year additional tax assessments

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,909

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$328 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LARD1.5
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2121010023
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1937.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Two, Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 330.41
  • Room Type: All Bedrooms Up, Family Room, Laundry, Living Room, Master Bathroom, Master Suite
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Trash, Water
  • Association Fee: 328.00
  • Association Fee Frequency: Monthly
  • Association Name: Sherman Way HOA
  • Phone: 909-931-7441
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Condo Properties

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 13415.00
  • Lot Size Acres: 0.3080

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13415.0000 Square Feet
  • Number Of Units In Community: 10
  • Number Of Units Total: 10

Tax Info

  • Tax Census Tract: 1318.02
  • Tax Lot: 1
  • Tax Tract Number: 33054
  • TaxOtherAnnualAssessmentAmount: 225.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jun 27, 2023
Sold by
Meged Jacob
Bought by
Bustamante Mark C
Seller's Agent
Michelle Peer
HomeBased Realty
Buyer's Agent
Cindy Royall Libonati
Sothebys International Realty
List Price
$669,000
Sold Price
$640,000
Premium/Discount to List
-$29,000
-4.33%
Total Days on Market
20
Views
183
Current Estimated Value
$708,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,485
Avg. Annual Appreciation
7.37%
Original Mortgage
$608,000
Outstanding Balance
$598,547
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$126,802

Purchase Details

Closed on
Sep 2, 2022
Sold by
Meged Jacob
Bought by
Meged Family Trust

Purchase Details

Closed on
Nov 25, 2008
Sold by
Meged Jacob
Bought by
Meged Nehama

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,100
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2008
Sold by
Khorramshadi Mitra
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Nov 21, 2003
Sold by
Karandish Saeid
Bought by
Khorramshadi Mitra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,450
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2003
Sold by
Aviles Ramon and Aviles Blanca E
Bought by
Khorramshadi Mitra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,450
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2003
Sold by
Aviles Ramon
Bought by
Aviles Ramon and Aviles Blanca E

Purchase Details

Closed on
Feb 28, 2002
Sold by
Aviles Julia F
Bought by
Aviles Ramon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,150
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 1999
Sold by
Dela Cruz Julio and Dela Rosario
Bought by
Aviles Julia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,010
Interest Rate
7.95%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 23, 1993
Sold by
Kim Chul Kyoon and Kim Woon Ok
Bought by
Delacruz Julio and Delacruz Rosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,800
Interest Rate
6.89%

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
Bustamante Mark C $640,000 Stewart Title Of California
Meged Family Trust -- --
Meged Nehama -- Lsi Title Agency Inc
Meged Nehama $239,000 Lsi Title Agency Inc
Aurora Loan Services Llc $238,614 Accommodation
Khorramshadi Mitra -- Fidelity National Title
Khorramshadi Mitra $279,000 Fidelity National Title
Aviles Ramon -- --
Aviles Ramon P $170,000 Fidelity National Title
Aviles Julia F $140,000 Orange Coast Title
Delacruz Julio $129,000 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bustamante Mark C $608,000
Previous Owner Meged Nehama $38,000
Previous Owner Meged Nehama $238,000
Previous Owner Meged Nehama $218,000
Previous Owner Meged Nehama $204,500
Previous Owner Meged Nehama $212,500
Previous Owner Meged Nehama $215,100
Previous Owner Karandish Saeid $50,000
Previous Owner Karandish Saeid $87,500
Previous Owner Khorramshadi Mitra $87,514
Previous Owner Khorramshadi Mitra $224,450
Previous Owner Aviles Ramon P $165,150
Previous Owner Aviles Julia F $136,010
Previous Owner Delacruz Julio $102,800
Closed Khorramshadi Mitra $56,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2023 08/02/23 Sold $640,000 +0.2% $330 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/12/2023 06/12/23 Price Changed $639,000 -4.5% $330 / Sq Ft
06/02/2023 06/02/23 For Sale $669,000 -- $345 / 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
2024 $7,909 $640,000 $395,800 $244,200
2023 $3,695 $295,811 $172,043 $123,768
2022 $3,523 $290,012 $168,670 $121,342
2021 $3,469 $284,326 $165,363 $118,963
2019 $3,364 $275,895 $160,459 $115,436
2018 $3,332 $270,486 $157,313 $113,173
2016 $3,163 $259,984 $151,205 $108,779
2015 $3,117 $256,080 $148,934 $107,146
2014 $3,131 $251,065 $146,017 $105,048
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23091968

California Regional Multiple Listing Service (CRMLS)

APN: 2121-010-023