NOT LISTED FOR SALE

4955 Stern Ave Sherman Oaks, CA 91423

Estimated Value: $2,469,000 - $2,698,000

4 Beds
2.5 Baths
2,504 Sq Ft
$1,018/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $1,749,000 $698 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $16,253/month

Highlights

  • New Construction
  • In Ground Pool
  • View of Trees or Woods
  • Chandler Elementary Rated A-
  • Primary Bedroom Suite
  • Deck

About This Home

As of June 2019

Located on an amazing tree lined street in the highly sought after “Fashion Square” district of Sherman Oaks, this unique single level Contemporary masterpiece is a perfect place to call home. Upon entrance to this home, you are wowed by the dramatic entry w/ vaulted ceilings and wide open floor plan illuminated by tons of natural sunlight. This home offers 4 BR + 2 1/2 BA & approx. 2,504 sq. ft of living space situated on a 6,699 sq. ft. lot. The seamless floor plan features a family rm. w/ fireplace, Chef's kitchen w/ center island & breakfast bar, and dining area, all opening to the back yard w/ large deck- Pool - Spa & BBQ, perfect for indoor /outdoor entertaining. Retreat to the Master suite that opens up to the pool & includes a spacious walk-in closet, spa like bath w/ dual sink vanities and over sized shower. Other amenities include: Wide plank hardwood flooring, sub-zero fridge, Thermador appliance package, 2 car garage with direct access, designer lighting and finishes, & low-voltage tubes inside the walls for speaker and cable wires. This home exudes harmonious energy, elegance and high quality workmanship that will captivate the most discerning buyer. Don't miss this one!!

Last Agent to Sell the Property

Stephen Pannesco

Coldwell Banker Realty License #01281276 Listed on: 05/16/2019

Coldwell Banker Realty

Co-Listed By

Jennifer Barnard

eXp Realty of California Inc License #01915236

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,147

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 6,699 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Block Wall Fence
  • Stucco Fence
  • Rectangular Lot
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • Property is zoned LAR1

Parking

  • 2 Car Direct Access Garage
  • Side Facing Garage
  • On-Street Parking

Home Design

  • Raised Foundation
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,504 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Views of Woods
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Walk-in Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Deck
  • Wood Patio

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Kitchen
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2269019002

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,147

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LAR1
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2269019002
  • Year Built: 2019
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2504.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Pantry, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 698.48
  • Room Type: Main Floor Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: In Ground
  • Bathroom Features: Double Sinks In Master Bath, Privacy Toilet Door, Quartz Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Raised
  • View: Trees/Woods
  • Fence: Yes
  • Fencing: Block, Stucco Wall, Wood
  • Patio And Porch Features: Deck, Wood
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Direct Garage Access, Concrete, Garage Faces Side, Street
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Microwave, Tankless Water Heater
  • Electric: 220 Volts in Kitchen
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 6699.00
  • Lot Size Acres: 0.1538

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6699.0000 Square Feet
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2024
Sold by
Ostfeld Levi
Bought by
Levi Ostfeld Trust and Ostfeld
Current Estimated Value
$2,550,114

Purchase Details

Closed on
May 9, 2022
Sold by
Anthony Dela Rosa
Bought by
Ostfeld Levi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,040,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2019
Closed on
May 30, 2019
Sold by
Investors Experts Inc
Bought by
Rosa Anthony De La
Seller's Agent
Stephen Pannesco
Coldwell Banker Realty
List Price
$1,749,000
Sold Price
$1,749,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$199,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 5, 2017
Closed on
Jan 19, 2018
Sold by
Alonso Jorge
Bought by
Investor Experts Inc
Seller's Agent
Alan Taylor
Compass
Buyer's Agent
Jennifer Barnard
List Price
$849,000
Sold Price
$865,000
Premium/Discount to List
$16,000
1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.82%
Original Mortgage
$350,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2013
Sold by
Alonso Jorge
Bought by
Alonso Jorge and Morales Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 1996
Sold by
Krug Barbara L
Bought by
Alonso Jorge and Morales Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
8.32%
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
Levi Ostfeld Trust -- None Listed On Document
Levi Ostfeld Trust -- None Listed On Document
Ostfeld Levi $2,550,000 First American Title Company O
Rosa Anthony De La $1,749,000 Lawyers Title Co
Investor Experts Inc $865,000 Lawyers Title Company
Alonso Jorge -- None Available
Alonso Jorge $237,500 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ostfeld Levi $2,040,000
Previous Owner Rosa Anthony De La $199,000
Previous Owner Investor Experts Inc $350,000
Previous Owner Alonso Jorge $326,500
Previous Owner Alonso Jorge $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2019 06/27/19 Sold $1,749,000 0.0% $698 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $1,749,000 +102.2% $698 / Sq Ft
02/16/2018 02/16/18 Sold $865,000 +1.9% $712 / Sq Ft View Prior Sale
01/18/2018 01/18/18 Pending -- -- --
12/05/2017 12/05/17 For Sale $849,000 -- $699 / 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 $32,147 $2,706,105 $1,623,673 $1,082,432
2024 $32,147 $2,653,045 $1,591,837 $1,061,208
2023 $31,516 $2,601,025 $1,560,625 $1,040,400
2022 $21,740 $1,838,509 $1,103,736 $734,773
2021 $21,479 $1,802,461 $1,082,095 $720,366
2020 $21,702 $1,783,980 $1,071,000 $712,980
2019 $1,034 $1,011,800 $705,840 $305,960
2018 $4,226 $339,937 $178,342 $161,595
2016 $4,033 $326,739 $171,418 $155,321
2015 $3,975 $321,832 $168,844 $152,988
2014 $3,995 $315,529 $165,537 $149,992
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19114392

California Regional Multiple Listing Service (CRMLS)

APN: 2269-019-002