NOT LISTED FOR SALE

4040 Madelia Ave Sherman Oaks, CA 91403

Estimated Value: $1,675,000 - $2,396,000

4 Beds
2 Baths
1,922 Sq Ft
$989/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $765,000 $398 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $11,184/month

Highlights

  • Mountain View
  • Contemporary Architecture
  • Wood Flooring
  • Van Nuys High School Rated A
  • Living Room with Fireplace
  • Bonus Room

About This Home

As of February 2014

A secluded and serene 12,000+ square foot lot, 2 story contemporary home. A large yard for entertaining, plus an extra detached treetop office with balcony. Open and bright, the living room has crown moldings, plantation shutters and French doors that lead to an extra large Wood Deck Patio, perfect for indoor/outdoor entertaining. Updated kitchen w/granite cnter tps, cherry cabinets, gas cook top, double ovens & microwave. Master suite w/deep walk-in closet, French doors lead out to a balcony, extra large bath with oversize spa tub & double sinks. 2 bedrooms downstairs share a tiled bath with separate spa tub and shower stall & double sinks.. Side/side laundry. Recessed lighting throughout the house. Central air & heat. Finished two car garage. Buyer to verify all their findings. The house is sold in it's 'As Is' condition.

Last Agent to Sell the Property

Talwinder Rana

On It Realty License #01845864 Listed on: 11/09/2013

Last Buyer's Agent

Talwinder Rana

On It Realty License #01845864 Listed on: 11/09/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,736

Year Built

  • Built in 1945

Lot Details

  • 0.28 Acre Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,922 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Bonus Room
  • Wood Flooring
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2276-034-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,736

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 1922
  • Stories: 2
  • Year Built: 1945
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: 12

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins
  • Price Per S Q F T: 455.25

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 2276-034-031
  • Geocode Override: No
  • Lot Size Area: 12267

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2013
Closed on
Feb 10, 2014
Sold by
Shoemaker Craig
Bought by
Lindemann Blake
Seller's Agent
Talwinder Rana
On It Realty
Buyer's Agent
Talwinder Rana
On It Realty
List Price
$875,000
Sold Price
$765,000
Premium/Discount to List
-$110,000
-12.57%
Current Estimated Value
$1,901,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,136,801
Avg. Annual Appreciation
8.16%
Original Mortgage
$612,000
Outstanding Balance
$463,216
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$1,438,585

Purchase Details

Listed on
Nov 9, 2013
Closed on
Jan 24, 2014
Sold by
Shoemaker Mika Sogawa
Bought by
Shoemaker Craig
Seller's Agent
Talwinder Rana
On It Realty
Buyer's Agent
Talwinder Rana
On It Realty
List Price
$875,000
Sold Price
$765,000
Premium/Discount to List
-$110,000
-12.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Outstanding Balance
$463,216
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$1,438,585

Purchase Details

Listed on
Nov 9, 2013
Closed on
Dec 30, 2013
Sold by
Craig Shoemaker Separate Property Trust
Bought by
Shoemaker Craig
Seller's Agent
Talwinder Rana
On It Realty
Buyer's Agent
Talwinder Rana
On It Realty
List Price
$875,000
Sold Price
$765,000
Premium/Discount to List
-$110,000
-12.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Outstanding Balance
$463,216
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$1,438,585

Purchase Details

Closed on
Mar 10, 2011
Sold by
Shoemaker Craig A
Bought by
Shoemaker Craig A and Shoemaker Separate Fam Craig A

Purchase Details

Closed on
Jul 12, 2005
Sold by
Shoemaker Craig A
Bought by
Shoemaker Craig A

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
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2003
Sold by
Shoemaker Carolyn Clark
Bought by
Shoemaker Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,971
Interest Rate
4.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 12, 1998
Sold by
Piotrowski Krzysztof and Piotrowski Christopher
Bought by
Shoemaker Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.05%

Purchase Details

Closed on
Jul 17, 1997
Sold by
Whyte Wade R and Whyte Robert W
Bought by
Piotrowski Christopher and Ufa Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.75%

Purchase Details

Closed on
Apr 17, 1997
Sold by
White Merrilee
Bought by
Whyte Robert W
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
Lindemann Blake $765,007 Fidelity Sherman Oaks
Shoemaker Craig -- Fidelity Sherman Oaks
Shoemaker Craig -- None Available
Shoemaker Craig A -- None Available
Shoemaker Craig A -- Provident Title
Shoemaker Craig -- Chicago Title Co
Shoemaker Craig $520,000 Provident Title
Piotrowski Christopher $200,000 Provident Title
Whyte Wade Robert -- Provident Title
Whyte Robert W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindemann Blake $612,000
Previous Owner Shoemaker Craig A $800,000
Previous Owner Shoemaker Craig $584,971
Previous Owner Shoemaker Craig $416,000
Previous Owner Piotrowski Christopher $180,000
Closed Shoemaker Craig $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2014 02/28/14 Sold $765,000 -12.6% $398 / Sq Ft
11/09/2013 11/09/13 Pending -- -- --
11/09/2013 11/09/13 For Sale $875,000 -- $455 / 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 $12,736 $1,041,974 $919,393 $122,581
2024 $12,736 $1,021,544 $901,366 $120,178
2023 $12,493 $1,001,515 $883,693 $117,822
2022 $11,942 $981,878 $866,366 $115,512
2021 $11,796 $962,627 $849,379 $113,248
2019 $11,381 $934,077 $824,187 $109,890
2018 $11,302 $915,763 $808,027 $107,736
2016 $10,773 $880,204 $776,651 $103,553
2015 $10,616 $866,983 $764,985 $101,998
2014 $8,551 $677,324 $406,396 $270,928
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-717873

The MLS

APN: 2276-034-031