$1,110,500
SOLD JAN 19, 2014

3940 Oakfield Dr Sherman Oaks, CA 91423

5 Beds
4.5 Baths
4,560 Sq Ft
0.58 Acres

Recently Sold

$244 Per Sq Ft

44% Below List Price

11 Days on Market

Highlights

  • Rooftop Deck
  • Gated Parking
  • 0.58 Acre Lot
  • Van Nuys High School Rated A
  • City Lights View
  • Maid or Guest Quarters

About This Home

As of October 2016

Short Sale Listing - purchase price, terms and conditions are subject to lender approval.
Valley view gated home located south of Ventura.
Some issues with property including, but not limiting, the garage retainer wall seems to have a leak and water runs through garage area when raining which seems to be the reason for the black mold in garage, balconies leak which enters the home in second story walls of home with also some mold issues (view picture)
Property will only be shown with a fully executed agreement contract between the buyer and lender by owners request.

Last Agent to Sell the Property

Nathan Marque

Keller Williams Realty Calabasas License #01831982 Listed on: 12/13/2012

Keller Williams Realty Calabasas

Last Buyer's Agent

Nathan Marque

Keller Williams Realty Calabasas License #01831982 Listed on: 12/13/2012

Keller Williams Realty Calabasas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,933

Year Built

  • Built in 2005

Lot Details

  • 0.58 Acre Lot
  • Wrought Iron Fence
  • Front Yard Sprinklers
  • Property is zoned R1

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Shared Driveway
  • Gated Parking
  • Uncovered Parking

Property Views

  • City Lights
  • Valley

Home Design

  • Contemporary Architecture
  • Major Repairs Completed
  • Composition Roof
  • Plaster

Interior Spaces

  • 4,560 Sq Ft Home
  • Elevator
  • Wet Bar
  • Wired For Sound
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Indoor Grill
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Laundry Chute

Home Security

  • Security Lights
  • Intercom

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Tile Patio or Porch

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 174
  • Tax Tract Number 9426
  • Assessor Parcel Number 2274017033

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,933

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Security Lights
  • View: Yes
  • Zoning: R1
  • Architectural Style: Contemporary
  • Property Condition: Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2274017033
  • Year Built: 2005
  • Special Features: 12

Interior Features

  • Fireplace: Yes
  • Living Area: 4560.00
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Elevator, Granite Counters, Intercom, Recessed Lighting, Wired for Sound, Wet Bar
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Gas, Living Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 243.53
  • Room Type: Family Room, Guest/Maid's Quarters, Master Bedroom, Walk-In Closet, Office
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • View: City Lights, Valley
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Roof Top, Tile
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Plaster

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage Faces Front, Direct Garage Access, Garage, Garage Door Opener, Gated, Garage - Single Door, Shared Driveway, Uncovered
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Natural Gas Available, Phone Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In, Dishwasher, Gas Cooking, Disposal, Indoor Grill, Range Hood, Microwave, Oven, Range, Cooktop, Trash Compactor, Tankless Water Heater, Vented Exhaust Fan
  • Electric: 220 Volts, Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Laundry Chute
  • 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

Green Features

  • Efficiency: Water Heater

Lot Info

  • Lot Features: Sprinklers In Front, Sprinkler System
  • Lot Size Sq Ft: 25356.00
  • Lot Size Acres: 0.5800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 25356.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 174
  • Tax Tract Number: 9426

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
Oct 12, 2016
Sold by
Crosswind Venture Fund Lp
Bought by
Bui Greenberg Enterprises
Seller's Agent
Jack Benudiz
Century 21 Peak
Buyer's Agent
Ngoc-Ha Hoang
Pro Estate Realty
List Price
$1,895,000
Sold Price
$1,550,000
Premium/Discount to List
-$345,000
-18.21%
Total Days on Market
11
Current Estimated Value
$3,234,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,684,515
Avg. Annual Appreciation
8.68%

Purchase Details

Closed on
Nov 13, 2015
Sold by
Yusher Inc
Bought by
Crosswind Venture Fund Lp

Purchase Details

Closed on
Sep 5, 2014
Sold by
Quick Results Trust
Bought by
Yusher Inc and Quick Results Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 13, 2012
Closed on
Jan 21, 2014
Sold by
Quick Results Trust
Bought by
Quick Results Trust and Yusher Inc
Seller's Agent
Nathan Marque
Keller Williams Realty Calabasas
Buyer's Agent
Nathan Marque
Keller Williams Realty Calabasas
List Price
$1,995,000
Sold Price
$1,110,500
Premium/Discount to List
-$884,500
-44.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$1,250,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 13, 2012
Closed on
Nov 25, 2013
Sold by
Hymes Henry H
Bought by
Quick Results Trust and Quick Results Inc
Seller's Agent
Nathan Marque
Keller Williams Realty Calabasas
Buyer's Agent
Nathan Marque
Keller Williams Realty Calabasas
List Price
$1,995,000
Sold Price
$1,110,500
Premium/Discount to List
-$884,500
-44.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2006
Sold by
Callahan Steven R
Bought by
Hymes Henry H
Source: Public Records

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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
Grant Deed $1,550,000 Title365
Trustee Deed $1,707,901 Chicago Title Company
Grant Deed -- Fidelity National Title Co
Grant Deed -- None Available
Grant Deed $1,150,000 First American Title Company
Grant Deed -- Accommodation
Grant Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 Commercial
Previous Owner $1,500,000 Commercial
Previous Owner $1,500,000 Commercial
Previous Owner $1,250,000 Purchase Money Mortgage
Previous Owner $335,000 Credit Line Revolving
Previous Owner $1,390,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $1,045,000 Unknown
Previous Owner $725,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2016 10/19/16 Sold $1,550,000 -18.2% $340 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $1,895,000 +70.6% $416 / Sq Ft
01/19/2014 01/19/14 Sold $1,110,500 -44.3% $244 / Sq Ft
12/24/2012 12/24/12 Pending -- -- --
12/13/2012 12/13/12 For Sale $1,995,000 -- $438 / 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 $21,933 $1,798,901 $696,348 $1,102,553
2024 $21,933 $1,763,630 $682,695 $1,080,935
2023 $21,513 $1,729,050 $669,309 $1,059,741
2022 $20,547 $1,695,148 $656,186 $1,038,962
2021 $20,286 $1,661,911 $643,320 $1,018,591
2019 $19,618 $1,612,620 $624,240 $988,380
2018 $19,414 $1,581,000 $612,000 $969,000
2016 $22,197 $1,829,000 $732,000 $1,097,000
2015 $20,602 $1,695,000 $1,000,000 $695,000
2014 -- $2,170,000 $1,302,000 $868,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F11148965

California Regional Multiple Listing Service (CRMLS)

APN: 2274-017-033