NOT LISTED FOR SALE

5031 Varna Ave Sherman Oaks, CA 91423

Estimated Value: $2,446,000 - $3,498,000

5 Beds
5.5 Baths
3,946 Sq Ft
$793/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $3,455,000 $876 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $19,090/month

15 Days on Market

Highlights

  • Home Theater
  • New Construction
  • Bonus Room
  • Ulysses S. Grant Senior High School Rated A-
  • Private Pool
  • High Ceiling

About This Home

As of April 2024

Introducing a captivating new construction displaying unique design elements and unrivaled quality throughout. This home will leave even the most discerning buyer in awe. The main house boasts over 3900 sqft of living space including 4 bedrooms plus office and full ADU.Also offering a spacious fully equipped home theater room a displaying unique design with high ceilings that elevate the sense of space. The kitchen is a culinary dream featuring custom white oak cabinets, panel-less Thermador appliances, dual sinks, honed quartz countertops, and a seating breakfast area off the island. The master bathroom exudes opulence with travertine and marble tiles used throughout the indulging bathroom. A custom bench nook cater your favorite reading spot, custom vertical wood slats at the entrance door to create a stunning first impression. Large ADU with kitchenette that could be perfect as an in laws suite, office, or gym. Entertainers back yard with built-in-BBQ, pool & spa, fire pit seating and large grassy area. Perfectly nestled within a coveted Sherman Oaks location and just minutes from top schools, markets, and shopping centers.

Last Agent to Sell the Property

Lilach Basson

Compass Brokerage Phone: 818-618-9260 License #01704715 Listed on: 02/26/2024

Compass

Last Buyer's Agent

Heather T. Roy

Douglas Elliman License #01398002

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,650

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 7,220 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Home Design

  • Copper Plumbing

Interior Spaces

  • 3,946 Sq Ft Home
  • 2-Story Property
  • Furnished
  • High Ceiling
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Home Theater
  • Bonus Room
  • Pool Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Six Burner Stove
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Low Flow Shower
  • Linen Closet In Bathroom

Outdoor Features

  • Private Pool
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 94
  • Tax Tract Number 9555
  • Assessor Parcel Number 2359008007
  • $240 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,650

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Number: 8186186195
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2359008007
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 3946.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Furnished, High Ceilings
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area, Dining Ell
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 875.57
  • Room Type: Bonus Room, Family Room, Home Theatre, Kitchen, Laundry
  • Bathroom Features: Low Flow Shower, Linen Closet/Storage
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: Pool
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Disposal
  • Electric: 220 Volts in Garage
  • 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: Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7220.00
  • Lot Size Acres: 0.1657

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7220.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1246.00
  • Tax Lot: 94
  • Tax Tract Number: 9555
  • TaxOtherAnnualAssessmentAmount: 240.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Apr 19, 2024
Sold by
Bellab Real Estate
Bought by
Helen Abbey Hartford Trust and Wolman
Seller's Agent
Lilach Basson
Compass
Buyer's Agent
Heather T. Roy
Douglas Elliman
List Price
$3,495,000
Sold Price
$3,455,000
Premium/Discount to List
-$40,000
-1.14%
Views
24
Current Estimated Value
$3,202,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$252,146
Avg. Annual Appreciation
-7.39%
Original Mortgage
$2,625,000
Outstanding Balance
$2,486,536
Interest Rate
6.16%
Mortgage Type
New Conventional
Estimated Equity
$642,788

Purchase Details

Closed on
Apr 4, 2002
Sold by
Bartholetti Teri Daly
Bought by
Urdang Mitchell N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
7.13%

Purchase Details

Closed on
Dec 28, 1999
Sold by
Bartholetti Victor M
Bought by
Bartholetti Teri Daly
Source: Public Records

Range of Values:

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Average Value
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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
Helen Abbey Hartford Trust $3,455,000 Best Title Services
Urdang Mitchell N $407,000 Chicago Title Co
Bartholetti Teri Daly -- Chicago Title Co
Bartholetti Teri Daly -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Helen Abbey Hartford Trust $990,000
Open Helen Abbey Hartford Trust $2,625,000
Previous Owner Bella B Real Estate Llc $1,000,000
Previous Owner Urdang Mitchell N $150,000
Previous Owner Urdang Mitchell N $322,600
Previous Owner Urdang Mitchell N $340,700
Previous Owner Urdang Mitchell N $62,000
Previous Owner Urdang Mitchell N $297,700
Previous Owner Urdang Mitchell N $300,700
Previous Owner Urdang Mitchell N $300,700
Closed Urdang Mitchell N $61,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $3,455,000 -1.1% $876 / Sq Ft
04/16/2024 04/16/24 Price Changed $3,495,000 0.0% $886 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $3,495,000 +136.9% $886 / Sq Ft
06/07/2022 06/07/22 Sold $1,475,000 -1.7% $1,259 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $1,500,000 -- $1,280 / 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 $18,650 $3,524,100 $3,365,796 $158,304
2024 $18,650 $1,534,590 $1,227,672 $306,918
2023 $18,285 $1,504,500 $1,203,600 $300,900
2022 $6,756 $566,563 $339,658 $226,905
2021 $6,671 $555,455 $332,999 $222,456
2019 $6,470 $538,981 $323,123 $215,858
2018 $6,398 $528,414 $316,788 $211,626
2016 $6,111 $507,897 $304,488 $203,409
2015 $6,021 $500,269 $299,915 $200,354
2014 $6,045 $490,471 $294,041 $196,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24035953

California Regional Multiple Listing Service (CRMLS)

APN: 2359-008-007