$1,360,000
SOLD OCT 18, 2016

3450 Camino de la Cumbre Sherman Oaks, CA 91423

3 Beds
3 Baths
2,037 Sq Ft
9,030 Sq Ft Lot

Recently Sold

$668 Per Sq Ft

5% Below List Price

18 Days on Market

Highlights

  • In Ground Spa
  • Panoramic View
  • Wood Flooring
  • Roscomare Road Elementary Rated A
  • Living Room with Fireplace
  • 3-minute walk to Fossil Ridge Park

About This Home

As of October 2016

Welcome home to this delightfully updated 3BD + 3BA retreat ideally located in the hills of Sherman Oaks. Traditional single story ranch home on one of the best lots in the area offering a fabulous large grassy front AND backyard, sense of privacy, and beautiful city/mountain views. Formal entry leads to open living area and looks straight onto backyard patio and view. Open Chef's kitchen beautifully equipped w/Travertine counter tops & SS appliances flows beautifully to adjacent dining area. Formal living room w/limestone fireplace. Inviting Master Suite incl customized walk-in closet and remodeled bath leads to outdoor Spanish tiled spa & backyard/views. Further two BDs (one en suite) are generous, light & bright. Hardwood floors throughout. Backyard has it all! Plenty of room for dining alfresco, sunsets, entertaining, summer BBQs, quick dips in the spa. Minutes from Mulholland, easily accessible to both Westside & Ventura Blvd, and in the coveted Roscomare school district.

Last Agent to Sell the Property

Lisa Peier

Hilton & Hyland License #01937209 Listed on: 08/11/2016

Last Buyer's Agent

Edmond Bina

EMB Properties License #01925370

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,881

Year Built

  • Built in 1954

Lot Details

  • 9,030 Sq Ft Lot
  • Property is zoned LARE15

Property Views

  • Panoramic
  • City Lights
  • Mountain

Interior Spaces

  • 2,037 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Gas Fireplace
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas And Electric Dryer Hookup

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Auto Driveway Gate

Outdoor Features

  • In Ground Spa
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2274-024-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,881

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Living Area: 2037
  • Stories: 1
  • Year Built: 1954
  • Number Of Photos: 48
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Ceramic Tile, Hardwood, Stone Tile, Tile
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Kitchen, Inside, Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Freezer, Garbage Disposal, Gas Or Electric Dryer Hookup, Microwave, Range/Oven, Recirculated Exhaust Fan, Refrigerator
  • Price Per S Q F T: 699.56

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa: Hot Tub, In Ground
  • Spa Yn: Yes
  • View: City, City Lights, Mountains, Panoramic
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Parking Garage: Carport Attached, Driveway Gate
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2274-024-031
  • Geocode Override: No
  • Lot Size Area: 9030

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2022
Sold by
Bina and Erin
Bought by
Emb Family Trust
Current Estimated Value
$1,984,024

Purchase Details

Listed on
Aug 11, 2016
Closed on
Sep 1, 2016
Sold by
Wetzstein Mark J and Wetzstein Sarah R
Bought by
Bina Edmond and Stein Erin
Seller's Agent
Lisa Peier
Hilton & Hyland
Buyer's Agent
Edmond Bina
EMB Properties
List Price
$1,425,000
Sold Price
$1,360,000
Premium/Discount to List
-$65,000
-4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$952,000
Interest Rate
2.24%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 10, 2010
Sold by
Wetzstein Mark J and Wetzstein Sarah R
Bought by
Wetzstein Mark J and Wetzstein Sarah R

Purchase Details

Closed on
Aug 3, 2005
Sold by
Schenck Kimberly L
Bought by
Wetzstein Mark J and Wetzstein Sarah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 2, 2005
Sold by
Lierheimer Jeffrey
Bought by
Schenck Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 23, 2004
Sold by
Robertson Clive
Bought by
Lierheimer Jeffrey W and Schenck Kimberly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2003
Sold by
Robertson Clive and Purvis Bridget
Bought by
Robertson Clive

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 8, 2001
Sold by
Robertson Clive
Bought by
Robertson Clive and Purvis Bridget

Purchase Details

Closed on
Dec 27, 2000
Sold by
Henkels Eric P and Henkels Laura A
Bought by
Robertson Clive

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
7.37%

Purchase Details

Closed on
Mar 20, 1998
Sold by
Henkels Eric P and Henkels Laura A
Bought by
Henkels Eric P and Henkels Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
7.15%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 7, 1997
Sold by
Schmidt John J and Seaver Andrea Sedlak
Bought by
Henkels Eric P and Baldwin Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
7.25%
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed $1,360,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Grant Deed $1,225,000 Equity Title Company
Interfamily Deed Transfer -- --
Grant Deed $1,000,000 Equity Title Company
Interfamily Deed Transfer -- Equity Title
Interfamily Deed Transfer -- Lawyers Title Company
Grant Deed $665,000 Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Gift Deed -- Fidelity National Title Co
Grant Deed $290,000 Equity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $952,000 Adjustable Rate Mortgage/ARM
Previous Owner $980,000 Purchase Money Mortgage
Previous Owner $800,000 Purchase Money Mortgage
Previous Owner $532,000 No Value Available
Previous Owner $264,000 No Value Available
Previous Owner $261,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2016 10/18/16 Sold $1,360,000 -4.6% $668 / Sq Ft
08/11/2016 08/11/16 For Sale $1,425,000 -- $700 / Sq Ft
Source: The MLS

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 $18,881 $1,578,390 $1,262,715 $315,675
2024 $18,881 $1,547,442 $1,237,956 $309,486
2023 $18,513 $1,517,101 $1,213,683 $303,418
2022 $17,672 $1,487,355 $1,189,886 $297,469
2021 $17,458 $1,458,192 $1,166,555 $291,637
2019 $16,865 $1,414,943 $1,131,955 $282,988
2018 $16,794 $1,387,200 $1,109,760 $277,440
2016 $16,989 $1,414,143 $1,104,535 $309,608
2015 $16,738 $1,392,902 $1,087,944 $304,958
2014 $14,770 $1,200,000 $937,300 $262,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-152364

The MLS

APN: 2274-024-031