NOT LISTED FOR SALE

4350 Stern Ave Unit 8 Sherman Oaks, CA 91423

Estimated Value: $637,000 - $807,000

2 Beds
2.5 Baths
1,023 Sq Ft
$360/mo HOA Fee

Last Sold February 05, 2021

Last sale price $575,000 $562 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,721/month

5 Days on Market

Highlights

  • Gated Community
  • 0.36 Acre Lot
  • Property is near a park
  • Ulysses S. Grant Senior High School Rated A-
  • Mountain View
  • Traditional Architecture

About This Home

As of February 2021

Charming two bed, 3 bath 1023 sq ft condo in highly desirable Sherman Oaks neighborhood. Entry leads to updated kitchen with large pass through and open living space. Kitchen boasts granite countertops and backsplash, ample storage with wood cabinets and pantry with efficient pull-out shelves, and built-in stainless-steel appliances. Adjacent great room includes marble flooring, high ceilings, recessed lighting, gas fireplace, and sliding glass door out to patio. Ground floor also offers under stair storage and powder room. Second floor features two large, en-suite bedrooms with mirrored closets, sizable windows, and updated bathrooms. Laundry area conveniently located near bedrooms. Private, spacious rooftop deck offers views of both the mountains and valley. The complex has gated, covered parking lot with side-by-side parking for the unit. Strategically located for easy access to 101 & 405 freeways and close to restaurants, bars, grocery, retail, and entertainment.

Last Agent to Sell the Property

Stephanie Vitacco

Equity Union License #00985615 Listed on: 12/28/2020

Equity Union

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,384

Year Built

  • Built in 1988

Lot Details

  • Two or More Common Walls
  • Wrought Iron Fence

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Parking Available
  • Side by Side Parking
  • Driveway

Property Views

  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Common Roof

Interior Spaces

  • 1,023 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Sliding Doors
  • Panel Doors
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Mirrored Closets Doors
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Schools

  • Dixie Canyon Elementary School
  • Millikan Middle School
  • Grant High School

Additional Features

  • Exterior Lighting
  • Property is near a park
  • Central Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 44809
  • Assessor Parcel Number 2271016068

Community Details

Overview

  • 18 Units
  • 4350 Stern Ave HOA, Phone Number (818) 587-9500
  • Westcom Management HOA

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,384

Year Built

Built in 1988

Lot Details

0

HOA Fees

$360 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Gated Community
  • View: Yes
  • Zoning: LAR3
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2271016068
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1023.00 Square Feet
  • Interior Amenities: Granite Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s), Panel Doors, Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 562.07
  • Room Type: All Bedrooms Up, Kitchen, Living Room
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Foundation: Slab
  • View: Hills, Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Asphalt, Side by Side
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Earthquake Insurance, Controlled Access
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Association Name: 4350 Stern Ave HOA
  • Phone: 818-587-9500
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Westcom Management

Schools

  • School District: Los Angeles Unified
  • Elementary School: Dixie Canyon
  • Middle School: Millikan
  • High School: Grant
  • Elementary School: Dixie Canyon
  • High School: Grant
  • Middle Or Junior School: Millikan
  • Elementary School #2: DIXCAN
  • High School2: GRANT

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Park Nearby
  • Lot Size Sq Ft: 15502.00
  • Lot Size Acres: 0.3559

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15502.0000 Square Feet
  • Number Of Units In Community: 18
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1411.02
  • Tax Lot: 1
  • Tax Tract Number: 44809

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2020
Closed on
Jan 8, 2021
Sold by
Alemian Modjtaba and Gharegozlou Mahnoosh
Bought by
Wong Fook Yuan
Seller's Agent
Stephanie Vitacco
Equity Union
List Price
$579,500
Sold Price
$575,000
Premium/Discount to List
-$4,500
-0.78%
Current Estimated Value
$684,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,245
Avg. Annual Appreciation
4.87%
Original Mortgage
$320,000
Outstanding Balance
$286,369
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$426,567

Purchase Details

Closed on
Jul 26, 2019
Sold by
Alemian Modjtaba and Gharegozlou Mahnoosh
Bought by
Gharegozlou Mahnoosh and Alemian Modjtaba

Purchase Details

Closed on
Dec 27, 2001
Sold by
Alemian Modjtaba and Alemean Modjtaba
Bought by
Alemian Modjtaba and Gharegozlou Mahnoosh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.73%

Purchase Details

Closed on
Nov 17, 1999
Sold by
Alemian Modjtaba
Bought by
Alemian Modjtaba and Alemian Mahnoosh Gharegoziou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Wong Fook Yuan $575,000 Lawyers Title
Gharegozlou Mahnoosh -- None Available
Alemian Modjtaba -- Equity Title
Alemian Modjtaba -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Fook Yuan $320,000
Previous Owner Alemian Modjtaba $98,500
Previous Owner Alemian Modjtaba $250,000
Previous Owner Alemian Modjtaba $186,000
Previous Owner Alemian Modjtaba $169,174
Previous Owner Alemian Modjtaba $192,000
Previous Owner Alemian Modjtaba $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $575,000 -0.8% $562 / Sq Ft
01/02/2021 01/02/21 Pending -- -- --
12/28/2020 12/28/20 For Sale $579,500 -- $566 / 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 $7,384 $622,396 $394,545 $227,851
2024 $7,384 $610,193 $386,809 $223,384
2023 $7,239 $598,229 $379,225 $219,004
2022 $6,896 $586,500 $371,790 $214,710
2021 $3,772 $316,574 $94,964 $221,610
2020 $3,808 $313,329 $93,991 $219,338
2019 $3,657 $307,187 $92,149 $215,038
2018 $3,636 $301,165 $90,343 $210,822
2016 $3,465 $289,473 $86,836 $202,637
2015 $3,414 $285,126 $85,532 $199,594
2014 $3,429 $279,542 $83,857 $195,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20263227

California Regional Multiple Listing Service (CRMLS)

APN: 2271-016-068