$820,000
SOLD APR 23, 2018

3938 Sumac Dr Sherman Oaks, CA 91403

3 Beds
2 Baths
1,431 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$573 Per Sq Ft

7% Below List Price

46 Days on Market

Highlights

  • Canyon View
  • No HOA
  • Breakfast Area or Nook
  • Van Nuys High School Rated A
  • Cottage
  • Attached Garage

About This Home

As of November 2018

Located in a prime Sherman Oaks neighborhood off Beverly Glen Blvd, this private gated retreat features vaulted ceilings, a large stone fireplace, and wood flooring, or build your private residence with beautiful canyon views. This romantic, private lot is surrounded by mature trees, and is one of the lowest priced properties south of the boulevard. Note: Please do not go on the property without an appointment because of large dogs.

Last Agent to Sell the Property

Fox + Associates

Ashby & Graff License #00710941 Listed on: 02/15/2018

Ashby & Graff

Last Buyer's Agent

Yuliya Gayevska

License #01859354

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,724

Year Built

  • Built in 1957

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Cottage

Interior Spaces

  • 1,431 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Canyon Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Parking

  • Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2275-006-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,724

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1431
  • Stories: 1
  • Year Built: 1957
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 580.01

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Canyon
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Covered Parking, Door Opener, Garage - 2 Car

Utilities

  • Cooling: Air Conditioning
  • Heating: Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2275-006-014
  • Geocode Override: No
  • Lot Location: Canyon
  • Lot Size Area: 7500

Multi Family

  • Number Of Units: 0

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
$1,592,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Outstanding Balance
$771,188
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$820,872

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
4.60%
Original Mortgage
$940,000
Interest Rate
5.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Interest Rate
5.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

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

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Range of Values:

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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
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- Progressive Title
Grant Deed $1,175,000 Progressive Title
Grant Deed $820,000 Progressive Title
Interfamily Deed Transfer -- Commerce Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $870,000 New Conventional
Closed $940,000 Adjustable Rate Mortgage/ARM
Previous Owner $843,600 Purchase Money Mortgage
Previous Owner $843,600 Stand Alone Refi Refinance Of Original Loan
Previous Owner $512,000 Negative Amortization
Previous Owner $25,000 Credit Line Revolving
Previous Owner $490,000 Stand Alone First
Previous Owner $462,000 Purchase Money Mortgage
Previous Owner $386,161 Unknown
Previous Owner $138,261 Unknown
Previous Owner $104,448 Unknown
Previous Owner $20,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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: 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 $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: The MLS

MLS Number: 18-309288

The MLS

APN: 2275-006-014