NOT LISTED FOR SALE

3938 Sumac Dr Sherman Oaks, CA 91403

Estimated Value: $1,339,000 - $2,072,000

3 Beds
2 Baths
1,431 Sq Ft
$1,137/Sq Ft Est. Value

Last Sold November 01, 2018

Last sale price $1,175,000 $821 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $9,974/month

Highlights

  • Mountain View
  • No HOA
  • Laundry Room
  • Van Nuys High School Rated A
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of May 2024

Located in a prime Sherman Oaks neighborhood off Valley Vista and Beverly Glen Blvd, this private gated retreat has been recently updated throughout. 3 bedroom 2 bathroom home features vaulted ceilings, recessed lighting and hardwood floors. Large windows provide ample light and beautiful mountain and canyon views. Wood burning fireplace in the living room. Kitchen offers built-in ceiling speakers, custom cabinets, SS Viking appliances, full quartz counters and backsplash. Bathrooms feature modern floating vanities and custom fixtures, including rainfall shower panel with massage system. Master suite opens into the private deck with hot tub. Minutes to restaurants and shops on Ventura Blvd; short drive to Hollywood, Beverly Hills and West LA. Full topographic survey and soil report are available for those that might consider adding square footage. A must see!

Last Agent to Rent the Property

Behrooz Farzad

Beverly and Company Brokerage Phone: 310-310-9345 License #01377598 Listed on: 04/06/2024

Last Renter's Agent

Behrooz Farzad

Beverly and Company Brokerage Phone: 310-310-9345 License #01377598 Listed on: 04/06/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,724

Year Built

  • Built in 1957

Lot Details

  • 7,502 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Hills

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,431 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $7,000
  • 12-Month Minimum Lease Term
  • Available 4/6/24
  • Legal Lot and Block 13 / S
  • Tax Tract Number 7188
  • Assessor Parcel Number 2275006014

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,724

Year Built

Built in 1957

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2024-04-06
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 7000
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions

Listing Details

  • Structure Type: House
  • Inclusions: Refrigerator, Dishwasher, Washer & Dryer, Microwave Gas top, Oven.
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 2275006014
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1431.00 Square Feet
  • Stories: 1
  • Entry Location: front door
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 4.33
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Hills, Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7502.00
  • Lot Size Acres: 0.1722
  • Latitude Manual: 34.15095100

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 7502.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: S
  • Tax Census Tract: 1416.00
  • Tax Lot: 13
  • Tax Tract Number: 7188

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2020
Sold by
Jamall Aryan
Bought by
Jamall Aryan
Current Estimated Value
$1,627,761

Purchase Details

Listed on
Sep 6, 2018
Closed on
Oct 30, 2018
Sold by
Farahani Reza Zamani
Bought by
Jamali Aryan
Seller's Agent
Jonna Knudsen
NextHome Grandview
List Price
$1,225,000
Sold Price
$1,175,000
Premium/Discount to List
-$50,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$940,000
Outstanding Balance
$842,460
Interest Rate
5.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$785,301

Purchase Details

Listed on
Sep 6, 2018
Closed on
Sep 24, 2018
Sold by
Balboa Real Estate Holdings
Bought by
Jamali Aryan
Seller's Agent
Jonna Knudsen
NextHome Grandview
List Price
$1,225,000
Sold Price
$1,175,000
Premium/Discount to List
-$50,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Outstanding Balance
$842,460
Interest Rate
5.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$785,301

Purchase Details

Listed on
Feb 15, 2018
Closed on
Apr 10, 2018
Sold by
Hullett Katherine M
Bought by
Balboa Real Estate Holdings Llc
Seller's Agent
Fox + Associates
Ashby & Graff
Buyer's Agent
Yuliya Gayevska
List Price
$880,000
Sold Price
$820,000
Premium/Discount to List
-$60,000
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
97.13%
Original Mortgage
$843,600
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2003
Sold by
Hullett Katherine M and Hullett Katherine H
Bought by
Hullett Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
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
Jamall Aryan -- Lawyers Title
Jamali Aryan -- Progressive Title
Jamali Aryan $1,175,000 Progressive Title
Balboa Real Estate Holdings Llc $820,000 Progressive Title
Hullett Katherine M -- Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jamali Aryan $940,000
Previous Owner Balboa Real Estate Holdings Llc $843,600
Previous Owner Hullett Katherine M $462,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2024 05/13/24 Rented $6,200 -4.2% --
04/06/2024 04/06/24 For Rent $6,475 0.0% --
11/01/2018 11/01/18 Sold $1,175,000 -4.1% $821 / Sq Ft View Prior Sale
09/15/2018 09/15/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $1,225,000 +49.4% $856 / Sq Ft
04/23/2018 04/23/18 Sold $820,000 -1.2% $573 / Sq Ft View Prior Sale
04/02/2018 04/02/18 Pending -- -- --
03/29/2018 03/29/18 Price Changed $830,000 -5.7% $580 / Sq Ft
03/10/2018 03/10/18 For Sale $880,000 0.0% $615 / Sq Ft
02/24/2018 02/24/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $880,000 -- $615 / 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 $15,724 $1,310,731 $1,048,586 $262,145
2024 $15,724 $1,285,031 $1,028,026 $257,005
2023 $15,418 $1,259,835 $1,007,869 $251,966
2022 $14,724 $1,235,133 $988,107 $247,026
2021 $14,547 $1,210,916 $968,733 $242,183
2020 $14,627 $1,198,500 $958,800 $239,700
2019 $14,043 $1,175,000 $940,000 $235,000
2018 $6,081 $495,172 $457,097 $38,075
2016 $5,771 $475,947 $439,349 $36,598
2015 $5,686 $468,799 $432,750 $36,049
2014 $5,710 $459,617 $424,274 $35,343
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24066789

California Regional Multiple Listing Service (CRMLS)

APN: 2275-006-014