NOT LISTED FOR SALE

4505 Colfax Ave Unit 7 North Hollywood, CA 91602

Estimated Value: $848,000 - $1,103,620

3 Beds
2.5 Baths
1,491 Sq Ft
$545/mo HOA Fee

Last Sold September 14, 2021

Last sale price $849,000 $569 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,930/month

49 Days on Market

Highlights

  • Gated Community
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • North Hollywood Senior High School Rated A
  • Contemporary Architecture
  • Den

About This Home

As of September 2021

Two oversized large bedrooms upstairs and one smaller room downstairs perfect size for an office, playroom or gym. Stunning contemporary townhome located in the highly desirable Colfax Elementary school district in prime Studio City! Stately staircases lead the way to a secured entry, opening to a lush courtyard with fountain. Immaculately maintained by its owners, this residence boasts lots of comfort and natural light. The kitchen opens into the living room where you can sit in front of a peaceful fireplace and enjoy a nice breeze from the balcony. Upstairs the two over-sized bedrooms have en-suite bathrooms and large walk-in closets. The main primary bedroom has beautiful wood ceiling beams and a calming fireplace. Other features include a private, attached 2-car garage, washer/dryer in unit and separate guest parking. Moments from Tujunga Village w/ many quaint shops & restaurants, conveniently located to the Studios and Ventura Blvd. This home is a fantastic alternative to a single family residence.

Last Agent to Sell the Property

Heather Boyd

Carolwood Estates License #01836830 Listed on: 06/28/2021

Carolwood Estates

Last Buyer's Agent

Heather Boyd

Carolwood Estates License #01836830 Listed on: 06/28/2021

Carolwood Estates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,787

Year Built

  • Built in 2004

Lot Details

  • 10,694

HOA Fees

  • $545 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,491 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Automatic Gate
  • Guest Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number 2364-007-057

Community Details

Overview

  • 8 Units
  • Ross Morgan Management Association

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,787

Year Built

Built in 2004

Lot Details

0

HOA Fees

$545 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Complex Name: Villas at Colfax Inc.
  • Entry Floor: 1
  • Living Area: 1491
  • Lot Acreage: 0.2455
  • Planned Urban Dev: 1
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 2004
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Master Bedroom, Living Room
  • Flooring: Hardwood, Carpet, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Alarm System, Cable, Range/Oven, Freezer, Microwave, Washer, Dryer, Dishwasher, Refrigerator
  • Price Per S Q F T: 569.42

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Gated

Association/Amenities

  • Amenities: Gated Community, Assoc Pet Rules, Extra Storage, Guest Parking, Controlled Access, Assoc Maintains Landscape
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 545.00
  • Management Company: Ross Morgan Management
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2364-007-057
  • Lot Size Area: 10695

Multi Family

  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Sep 9, 2021
Sold by
Harrison Kenneth W and Harrison Shellie S
Bought by
Gurcinas Andrius and Zamora Marisela
Seller's Agent
Heather Boyd
Carolwood Estates
Buyer's Agent
Heather Boyd
Carolwood Estates
List Price
$890,000
Sold Price
$849,000
Premium/Discount to List
-$41,000
-4.61%
Current Estimated Value
$1,002,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,016
Avg. Annual Appreciation
4.40%
Original Mortgage
$679,200
Outstanding Balance
$620,710
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$383,695

Purchase Details

Closed on
Apr 14, 2003
Sold by
Landale Colfax Partners Llc
Bought by
Harrison Kenneth W and Harrison Shellie S
Source: Public Records

Range of Values:

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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
Gurcinas Andrius $849,000 Stewart Title
Harrison Kenneth W -- Landamerica Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gurcinas Andrius $679,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $849,000 0.0% $569 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
07/27/2021 07/27/21 Price Changed $849,000 -4.6% $569 / Sq Ft
06/28/2021 06/28/21 For Sale $890,000 -- $597 / 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 $10,787 $900,963 $657,841 $243,122
2024 $10,787 $883,298 $644,943 $238,355
2023 $10,576 $865,980 $632,298 $233,682
2022 $10,079 $849,000 $619,900 $229,100
2021 $6,446 $533,857 $187,315 $346,542
2019 $6,252 $518,024 $181,760 $336,264
2018 $6,218 $507,868 $178,197 $329,671
2016 $5,936 $488,148 $171,278 $316,870
2015 $5,849 $480,817 $168,706 $312,111
2014 $5,871 $471,400 $165,402 $305,998
Source: Public Records

Agents Affiliated with this Home

  • Heather Boyd

    Seller's Agent in 2021

    Heather Boyd

    Carolwood Estates

    (310) 994-3140

    7 in this area

    67 Total Sales

    Section Image

  • M

    Buyer Co-Listing Agent in 2021

    Matthew Ruttenberg

    The Agency

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Map

Source: The MLS

MLS Number: 21-753826

The MLS

APN: 2364-007-057

California Los Angeles County North Hollywood 91602

4505 Colfax Ave Unit 7, North Hollywood, CA

This home is located at 4505 Colfax Ave Unit 7, North Hollywood, CA 91602 since 28 June 2021 and is currently estimated at $1,004,405, approximately $673 per square foot. This property was built in 2004. 4505 Colfax Ave Unit 7 is a home located in Los Angeles County with nearby schools including Walter Reed Middle, North Hollywood Senior High School, and Colfax Charter Elementary School.

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