NOT LISTED FOR SALE

4060 Camino de la Cumbre Sherman Oaks, CA 91423

Estimated Value: $2,034,000 - $3,130,000

3 Beds
3.5 Baths
2,225 Sq Ft
$1,129/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $2,170,000 $975 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $15,671/month

103 Days on Market

Highlights

  • Cabana
  • Panoramic View
  • Midcentury Modern Architecture
  • Van Nuys High School Rated A
  • Open Floorplan
  • Property Near a Canyon

About This Home

As of August 2021

Modern lines mix with mid-century design framing the jet liner views from this Sherman Oaks pool home. Located South of the Boulevard, this home is an entertainer's dream. The main floor is open and inviting with a fireplace in the great room and brand-new Viking appliances in the chefs kitchen. Large windows and sliding glass doors lead to a covered balcony off of the living room. Sliding glass doors off of the kitchen lead to a large patio and pool with an elevated cabana. Upstairs, the master has a walk-in closet, large picture window and a private balcony overlooking the pool and valley below. The updated master bathroom has a soaking tub and a frameless glass shower. A second bedroom upstairs also has an upgraded en suite bathroom and a private balcony overlooking the valley. A third bedroom is on the bottom floor with its' own upgraded bathroom. Additionally, the bottom level contains a completely refinished two car garage a modern frosted glass door.

Last Agent to Sell the Property

Leon Galitzin

Douglas Elliman License #01817804 Listed on: 03/05/2021

Douglas Elliman

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,607

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 9,451 Sq Ft Lot
  • Lot Dimensions are 156x60
  • Property Near a Canyon
  • Flag Lot
  • Hillside Location
  • Property is zoned LARE15

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Panoramic
  • City Lights
  • Canyon
  • Mountain
  • Pool

Home Design

  • Midcentury Modern Architecture
  • Composition Roof

Interior Spaces

  • 2,225 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Great Room
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Cabana
  • Heated In Ground Pool

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2274-028-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,607

Year Built

Built in 1948 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 2225
  • Lot Acreage: 0.2170
  • Lot Dimensions: 156x60
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1948
  • Number Of Photos: 43
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Open Floor Plan
  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Garbage Disposal, Dishwasher, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer, Dryer, Hood Fan
  • Fireplace: Yes
  • Price Per S Q F T: 1000.00

Exterior Features

  • Other Structures: Cabana
  • Pool Description: Heated, In Ground
  • Pool: Yes
  • Roof: Composition
  • Spa Yn: No
  • View: City Lights, Canyon, Mountains, Panoramic, Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Driveway - Combination, Garage - 2 Car, Garage Is Attached
  • Total Parking: 6

Utilities

  • Water Heater: Instant Hot Water
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2274-028-001
  • Lot Description: Lot Shape-Flag
  • Lot Location: Hillside, Canyon
  • Lot Size Area: 9451

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Jul 28, 2021
Sold by
Berard Jacqueline
Bought by
Berardi Philip N
Seller's Agent
Leon Galitzin
Douglas Elliman
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$2,225,000
Sold Price
$2,170,000
Premium/Discount to List
-$55,000
-2.47%
Current Estimated Value
$2,511,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,904
Avg. Annual Appreciation
3.59%
Original Mortgage
$1,736,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2021
Closed on
Jun 25, 2021
Sold by
Esc Unlimited Llc
Bought by
Berardi Philip N
Seller's Agent
Leon Galitzin
Douglas Elliman
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$2,225,000
Sold Price
$2,170,000
Premium/Discount to List
-$55,000
-2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,736,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2019
Sold by
Toorak Repo Seller I Trust
Bought by
Esc Unlimited Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 8, 2018
Sold by
Fairfax Property Group Llc
Bought by
Toorak Repo Seller I Trust

Purchase Details

Closed on
Jul 5, 2018
Sold by
Fairfax Property Group Llc
Bought by
Fairfax Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 21, 2018
Sold by
Fairfax Property Group
Bought by
Rose 22 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 3, 2018
Sold by
Rose 22 Trust
Bought by
Fairfax Property Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 16, 2018
Sold by
Rose 22 Trust
Bought by
Fairfax Property Group Llc

Purchase Details

Closed on
Mar 15, 2018
Sold by
Fairfax Property Group Llcl
Bought by
Rose 22 Trust

Purchase Details

Listed on
Mar 1, 2016
Closed on
Mar 9, 2017
Sold by
Rubin Marcy and The Marcy Rubin Revocable Trus
Bought by
Fairfax Property Group Llc
Seller's Agent
Gina Covello
Equity Union
Buyer's Agent
Gina Covello
List Price
$1,189,000
Sold Price
$1,189,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$1,068,200
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 2006
Sold by
Samson Marcy
Bought by
Rubin Marcy and The Marcy Rubin Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2003
Sold by
Lurie Bruce J and The Bruce J Lurie Living Trust
Bought by
Samson Eduardo G

Purchase Details

Closed on
Aug 18, 1994
Sold by
Lurie Bruce J
Bought by
Lurie Bruce J and The Bruce J Lurie Living Trust
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
Berardi Philip N -- North American Title
Berardi Philip N $2,170,000 North American Title
Esc Unlimited Llc $1,150,000 Stewart Title Of Ca Inc
Toorak Repo Seller I Trust $1,257,023 None Available
Fairfax Property Group Llc -- None Available
Rose 22 Trust -- None Available
Fairfax Property Group -- None Available
Fairfax Property Group Llc -- None Available
Rose 22 Trust -- None Available
Fairfax Property Group Llc $1,189,000 Fidelity Sherman Oaks
Rubin Marcy $1,190,000 Equity Title Company
Samson Eduardo G $749,000 Equity Title Company
Lurie Bruce J -- --
Lurie Bruce J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berardi Philip N $1,736,000
Previous Owner Esc Unlimited Llc $920,000
Previous Owner Fairfax Property Group $1,000
Previous Owner Fairfax Property Group $15,000
Previous Owner Fairfax Property Group Llc $1,068,200
Previous Owner Rubin Marcy $952,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2021 08/10/21 Sold $2,170,000 -2.5% $975 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $2,225,000 +87.1% $1,000 / Sq Ft
04/13/2017 04/13/17 Sold $1,189,000 0.0% $591 / Sq Ft View Prior Sale
02/27/2017 02/27/17 For Sale $1,189,000 0.0% $591 / Sq Ft
02/24/2017 02/24/17 Off Market $1,189,000 -- --
02/01/2017 02/01/17 For Sale $1,189,000 0.0% $591 / Sq Ft
01/25/2017 01/25/17 Off Market $1,189,000 -- --
11/09/2016 11/09/16 For Sale $1,189,000 0.0% $591 / Sq Ft
10/31/2016 10/31/16 Off Market $1,189,000 -- --
10/06/2016 10/06/16 Price Changed $1,189,000 -0.8% $591 / Sq Ft
07/26/2016 07/26/16 For Sale $1,199,000 +0.8% $596 / Sq Ft
07/20/2016 07/20/16 Off Market $1,189,000 -- --
07/20/2016 07/20/16 For Sale $1,199,000 +0.8% $596 / Sq Ft
06/22/2016 06/22/16 Off Market $1,189,000 -- --
06/18/2016 06/18/16 For Sale $1,199,000 +0.8% $596 / Sq Ft
06/08/2016 06/08/16 Off Market $1,189,000 -- --
06/08/2016 06/08/16 For Sale $1,199,000 +0.8% $596 / Sq Ft
04/25/2016 04/25/16 Off Market $1,189,000 -- --
04/25/2016 04/25/16 For Sale $1,199,000 +0.8% $596 / Sq Ft
04/15/2016 04/15/16 Off Market $1,189,000 -- --
04/04/2016 04/04/16 For Sale $1,199,000 +0.8% $596 / Sq Ft
04/01/2016 04/01/16 Off Market $1,189,000 -- --
03/21/2016 03/21/16 Price Changed $1,199,000 -2.1% $596 / Sq Ft
03/01/2016 03/01/16 For Sale $1,225,000 -- $609 / 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 $27,607 $2,302,819 $1,596,480 $706,339
2024 $27,607 $2,257,667 $1,565,177 $692,490
2023 $27,070 $2,213,400 $1,534,488 $678,912
2022 $25,832 $2,170,000 $1,504,400 $665,600
2021 $15,330 $1,161,913 $929,531 $232,382
2020 $14,254 $1,150,000 $920,000 $230,000
2019 $15,055 $1,243,517 $969,814 $273,703
2018 $14,897 $1,212,780 $970,224 $242,556
2017 $16,694 $1,373,741 $1,098,994 $274,747
2016 $15,793 $1,305,000 $1,044,100 $260,900
2015 $15,020 $1,240,000 $992,100 $247,900
2014 $15,362 $1,240,000 $992,100 $247,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-692718

The MLS

APN: 2274-028-001