Seller's Agent in 2024
Rose Ferraro Fahey
Compass
(818) 262-3532
20 in this area
51 Total Sales
4525 Lennox Ave Sherman Oaks, CA 91423
Estimated Value: $1,385,731 - $1,579,000
3
Beds
2
Baths
1,620
Sq Ft
$940/Sq Ft
Est. Value
Highlights
- Living Room with Fireplace
- Traditional Architecture
- Lawn
- Van Nuys High School Rated A
- Wood Under Carpet
- No HOA
About This Home
As of July 2024Welcome to 4525 Lennox Avenue, a classically built Mellenthin home in the highly sought-after Library Square in Sherman Oaks. This iconic residence exudes old-world charm and has been lovingly maintained throughout the years. It's the first time this exquisite property has been on the market in over 70 years, offering a rare opportunity to own a piece of history. The elegant home boasts a spacious open living/dining room area perfect for both intimate gatherings and entertaining, 3 beds, 2 baths and a convertible den, all situated on a generous lot. Upon entering, you are greeted by a seamless blend of modern upgrades and timeless elements. The eat-in kitchen provides a cozy space for culinary creativity, while a screened-in porch offers a tranquil retreat to enjoy the warner weather and admire the expansive backyard, which includes a lovely Chinese Elm adding to the picturesque ambiance. This property offers the flexibility to convert the den into a bedroom, allowing for customizable living spaces to suit your lifestyle. With room to grow, the large lot size presents endless possibilities for outdoor enhancements and expansion. Don't miss the opportunity to own a piece of history in this iconic home, Experience the timeless allure and potential this property offers, where classic design meets modern comfort. Designer paint colors, beamed ceilings, new carpeting over original hardwood, new windows and stylish window coverings ensure a fresh and inviting atmosphere. Other highlights include a hot water recirculating pump, central air and heat and attached garage with direct access. Ageless architecture and meticulous upkeep make this home a true gem in the heart of Sherman Oaks.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,426
Year Built
- Built in 1953
Lot Details
- 6,756 Sq Ft Lot
- Lot Dimensions are 50x135
- Fenced Yard
- Lawn
- Back and Front Yard
- Property is zoned LAR1
Parking
- 2 Open Parking Spaces
- 2 Car Garage
- Driveway
Home Design
- Traditional Architecture
Interior Spaces
- 1,620 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room with Fireplace
- 2 Fireplaces
- Dining Area
- Den with Fireplace
- Screened Porch
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Dishwasher
- Disposal
Flooring
- Wood Under Carpet
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2265-016-022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2024
Closed on
Jun 28, 2024
Sold by
Veronika Karatavukyan
Bought by
Karatavukyan Haroutun Harry
Seller's Agent
Rose Ferraro Fahey
Compass
Buyer's Agent
Rose Ferraro Fahey
Compass
List Price
$1,495,000
Sold Price
$1,542,000
Premium/Discount to List
$47,000
3.14%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,169
Avg. Annual Appreciation
-1.14%
Original Mortgage
$771,000
Outstanding Balance
$762,392
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$760,041
Purchase Details
Closed on
Mar 25, 2004
Sold by
Mickelson Marianne
Bought by
Mickelson Marianne and Marianne Mickelson 2004 Revocable Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Karatavukyan Haroutun Harry | -- | Lawyers Title Company | |
| Artinian Diane | $1,542,000 | Lawyers Title Company | |
| Mickelson Marianne | -- | -- | |
| Mickelson Marianne | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Artinian Diane | $771,000 | |
| Previous Owner | Mickelson Marianne | $100,600 | |
| Previous Owner | Mickelson Marianne | $115,000 | |
| Previous Owner | Stradford Michael | $200,000 | |
| Previous Owner | Mickelson Marianne | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/05/2024 07/05/24 | Sold | $1,542,000 | +3.1% | $952 / Sq Ft |
| 05/29/2024 05/29/24 | Pending | -- | -- | -- |
| 05/08/2024 05/08/24 | For Sale | $1,495,000 | -- | $923 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $1,426 | $1,542,000 | $1,332,400 | $209,600 |
| 2024 | $1,426 | $100,643 | $47,559 | $53,084 |
| 2023 | $1,452 | $98,671 | $46,627 | $52,044 |
| 2022 | $1,342 | $96,737 | $45,713 | $51,024 |
| 2021 | $1,316 | $94,841 | $44,817 | $50,024 |
| 2019 | $1,279 | $92,031 | $43,489 | $48,542 |
| 2018 | $1,179 | $90,228 | $42,637 | $47,591 |
| 2016 | $1,106 | $86,726 | $40,982 | $45,744 |
| 2015 | $1,091 | $85,424 | $40,367 | $45,057 |
| 2014 | $1,103 | $83,752 | $39,577 | $44,175 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: The MLS
MLS Number: 24-389079
APN: 2265-016-022
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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