$1,500,000
SOLD NOV 4, 2021

5016 Ranchito Ave Sherman Oaks, CA 91423

5 Beds
5.5 Baths
3,654 Sq Ft
8,496 Sq Ft Lot

Recently Sold

$411 Per Sq Ft

Highlights

  • Cabana
  • Under Construction
  • Fireplace in Primary Bedroom
  • Chandler Elementary Rated A-
  • Primary Bedroom Suite
  • Main Floor Bedroom

About This Home

As of November 2021

Are you a savvy investor on the hunt for a great opportunity in this hot market? Bring your vision to this modern home that’s ideally located in Sherman Oaks. With a some portion of the construction already completed, you’ll have the chance to craft the interior in a style that suits you. Multiple living areas are on show across its 3,654-sq ft layout, including 5-bedrooms, 5.5 baths, and you’ll have plenty of room for your dream kitchen, and so much more.
Outdoor entertainments made effortless with a gazebo and covered BBQ area on show, plus room for pool. Most of the hard work has been done for you, including framing. Discover additional noteworthy features such as a laundry room, an attached 2-car garage. Unleash your creativity and come turn this awe-inspiring home into your own!

Last Agent to Sell the Property

Arman Grigoryan

Keller Williams Beverly Hills License #01711745 Listed on: 10/13/2021

Keller Williams Beverly Hills

Last Buyer's Agent

Hakop Jack Erzrumyan

Compass License #02017306

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,120

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 8,496 Sq Ft Lot
  • On-Hand Building Permits
  • Property is zoned LAR1

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway
  • Unpaved Parking

Home Design

  • Modern Architecture
  • Copper Plumbing

Interior Spaces

  • 3,654 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room with Fireplace
  • Home Office

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas And Electric Dryer Hookup

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Pool

  • Cabana
  • Private Pool

Outdoor Features

  • Balcony
  • Patio
  • Front Porch

Utilities

  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 12090
  • Assessor Parcel Number 2269005007
  • $299 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,120

Year Built

Built in 2022 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Condition: Building Permit, Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2269005007
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 3654.00 Square Feet
  • Interior Amenities: Balcony, Copper Plumbing Full
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 410.51
  • Room Type: Entry, Family Room, Kitchen, Laundry, Main Floor Bedroom, Master Suite, Office

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Cabana, Front Porch, Rear Porch
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Unpaved
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, ENERGY STAR Qualified Equipment, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Park

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8496.00
  • Lot Size Acres: 0.1950

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8496.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1287.02
  • Tax Lot: 41
  • Tax Tract Number: 12090
  • TaxOtherAnnualAssessmentAmount: 299.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2024
Sold by
Poghosyan Nuritsa
Bought by
Ghukasyan Suzana
Current Estimated Value
$2,342,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Outstanding Balance
$1,737,399
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$615,944

Purchase Details

Listed on
Oct 13, 2021
Closed on
Oct 28, 2021
Sold by
Mkrtchyan Tigran
Bought by
Poghosyan Nuritsa
Seller's Agent
Arman Grigoryan
Keller Williams Beverly Hills
Buyer's Agent
Hakop Jack Erzrumyan
Compass
List Price
$1,500,000
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.87%
Original Mortgage
$975,000
Interest Rate
2.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2020
Sold by
Hovsepyan Ani
Bought by
Mkrtchyan Tigran

Purchase Details

Listed on
Sep 4, 2019
Closed on
Oct 10, 2019
Sold by
Charchyan Avetik
Bought by
Charchyan Hasmik
Seller's Agent
Elizabeth Marquart
Estate Properties
Buyer's Agent
Chris Holland
List Price
$985,000
Sold Price
$1,205,016
Premium/Discount to List
$220,016
22.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%
Original Mortgage
$343,000
Interest Rate
3.6%

Purchase Details

Listed on
Sep 4, 2019
Closed on
Sep 18, 2019
Sold by
Swenson Marita S and The Martha S Swenston Trust
Bought by
Charchyan Hasmik
Seller's Agent
Elizabeth Marquart
Estate Properties
Buyer's Agent
Chris Holland
List Price
$985,000
Sold Price
$1,205,016
Premium/Discount to List
$220,016
22.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
3.6%

Purchase Details

Closed on
Nov 21, 2001
Sold by
Swenson Marita S
Bought by
Swenson Marita S and Marita S Swenson Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,347,000 Chicago Title Company
Quit Claim Deed -- Chicago Title Company
Grant Deed $1,500,000 Chicago Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $50,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $1,205,500 Progressive Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,760,000 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $975,000 Commercial
Previous Owner $343,000 No Value Available
Previous Owner $726,525 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $1,500,000 0.0% $411 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $1,500,000 +24.5% $411 / Sq Ft
10/25/2019 10/25/19 Sold $1,205,016 +22.3% $817 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $985,000 -18.3% $668 / Sq Ft
09/10/2019 09/10/19 Off Market $1,205,016 -- --
09/04/2019 09/04/19 For Sale $985,000 -- $668 / 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
2024 $21,120 $1,743,304 $1,233,498 $509,806
2023 $20,705 $1,709,122 $1,209,312 $499,810
2022 $19,843 $1,500,000 $1,185,600 $314,400
2021 $14,463 $1,205,000 $867,800 $337,200
2020 $14,760 $1,205,000 $867,800 $337,200
2019 $1,478 $107,415 $49,200 $58,215
2018 $1,366 $105,310 $48,236 $57,074
2016 $1,287 $101,222 $46,364 $54,858
2015 $1,270 $99,702 $45,668 $54,034
2014 $1,283 $97,750 $44,774 $52,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21227537

California Regional Multiple Listing Service (CRMLS)

APN: 2269-005-007