NOT LISTED FOR SALE

4016 Madelia Ave Sherman Oaks, CA 91403

Estimated Value: $1,505,000 - $1,846,000

2 Beds
2 Baths
1,252 Sq Ft
$1,302/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $1,008,000 $805 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $9,785/month

9 Days on Market

Highlights

  • Dining Room with Fireplace
  • Traditional Architecture
  • Sun or Florida Room
  • Van Nuys High School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of July 2019

Set in the hills just above Valley Vista and minutes to Ventura Boulevard is this charming traditional style 2 bedroom, 2 bathroom home. The interior has been beautifully remodeled with quartzite countertops in the kitchen, stainless steel appliances, hardwood floors, bonus room, fireplace, and retrofitted to afford it's new owner direct access from the garage to the main living space. The backyard is quiet, private, and serene featuring mature redwood trees, a cascading waterfall, and an additional detached office set on a flat upper terrace.

Last Agent to Sell the Property

Kevin Dees

Carolwood Estates License #01915567 Listed on: 06/03/2019

Carolwood Estates

Last Buyer's Agent

Kevin Dees

Carolwood Estates License #01915567 Listed on: 06/03/2019

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,269

Year Built

  • Built in 1947

Lot Details

  • 8,865 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,252 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Office
  • Sun or Florida Room
  • Wood Flooring
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2276-034-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,269

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1252
  • Stories: 1
  • Year Built: 1947
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Living Room
  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 898.56

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage Is Attached

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 2276-034-026
  • Geocode Override: No
  • Lot Size Area: 8865

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2019
Closed on
Jun 17, 2019
Sold by
Degani Nurit and Orly Degani Trust
Bought by
Wright Trevor C and Wright Jenny C
Seller's Agent
Kevin Dees
Carolwood Estates
Buyer's Agent
Kevin Dees
Carolwood Estates
List Price
$1,125,000
Sold Price
$1,008,000
Premium/Discount to List
-$117,000
-10.4%
Current Estimated Value
$1,630,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,604
Avg. Annual Appreciation
8.07%
Original Mortgage
$806,400
Outstanding Balance
$743,420
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$887,184

Purchase Details

Closed on
Dec 11, 2013
Sold by
Degani Orly
Bought by
Degani Orly and Orly Degani Trust

Purchase Details

Listed on
Aug 13, 2013
Closed on
Aug 26, 2013
Sold by
Haag Bradley D and Carlson Teri L
Bought by
Degani Orly
Seller's Agent
Gilbert Spiegel
Berkshire Hathaway HomeServices California Properties
List Price
$799,000
Sold Price
$803,000
Premium/Discount to List
$4,000
0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$453,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2009
Sold by
Haag Bradley D and Carlson Teri L
Bought by
Haag Bradley D and Carlson Teri L

Purchase Details

Closed on
Aug 27, 2007
Sold by
Edwards Robert and Edwards Deanna
Bought by
Carlson Teri and Haag Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$681,600
Interest Rate
6.62%
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
Wright Trevor C $1,008,000 Lawyers Title Company
Degani Orly -- None Available
Degani Orly $803,000 California Title Company
Haag Bradley D -- None Available
Haag Bradley D -- None Available
Carlson Teri $852,500 Fidelity Title-Van Nuys
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Trevor C $806,400
Previous Owner Degani Orly $453,000
Previous Owner Carlson Teri $681,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2019 07/26/19 Sold $1,008,000 -10.4% $805 / Sq Ft
06/03/2019 06/03/19 For Sale $1,125,000 +40.1% $899 / Sq Ft
09/24/2013 09/24/13 Sold $803,000 +0.5% $641 / Sq Ft View Prior Sale
08/16/2013 08/16/13 Pending -- -- --
08/13/2013 08/13/13 For Sale $799,000 -- $638 / 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 $13,269 $1,102,391 $881,914 $220,477
2024 $13,269 $1,080,776 $864,622 $216,154
2023 $13,012 $1,059,585 $847,669 $211,916
2022 $12,432 $1,038,810 $831,049 $207,761
2021 $12,283 $1,018,442 $814,754 $203,688
2019 $10,605 $882,427 $705,943 $176,484
2018 $10,544 $865,125 $692,101 $173,024
2016 $10,050 $831,533 $665,227 $166,306
2015 $9,902 $819,043 $655,235 $163,808
2014 $9,936 $803,000 $642,400 $160,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-473462

The MLS

APN: 2276-034-026