NOT LISTED FOR SALE

5055 Coldwater Canyon Ave Unit 109 Sherman Oaks, CA 91423

Estimated Value: $524,000 - $542,973

2 Beds
2 Baths
889 Sq Ft
$505/mo HOA Fee

Last Sold April 14, 2023

Last sale price $425,000 $478 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,790/month

75 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • 0.98 Acre Lot
  • Ulysses S. Grant Senior High School Rated A-
  • Gated Community
  • Double Oven

About This Home

As of April 2023

Amazing opportunity to own a 2 bedroom/2 bath condo in the Sherman Village area of Sherman Oaks! 1st time on the market in a long time! Probate sale, court confirmation required. Property needs new paint, new carpeting and a fresh remodel of the kitchen and baths and you will have yourself an amazing condo in a great pocket of Sherman Oaks.
HOA features well maintained grounds with recent updates to the community areas. HOA dues include water/trash/EQ insurance and controlled access, plus a community pool and gym. 2 Tandem parking spots + individual storage and plenty of guest parking. Centrally located just steps to Whole Foods, Ralphs, Beeman Park, public tennis courts, and the best of Sherman Oaks and Studio City. Don’t miss this amazing opportunity!

Last Agent to Sell the Property

Frank Guard

Globe and Anchor Realty, Inc. License #01741621 Listed on: 10/05/2022

Co-Listed By

Julia Gironda

Globe and Anchor Realty, Inc. License #02138349

Last Buyer's Agent

Frank Guard

Globe and Anchor Realty, Inc. License #01741621 Listed on: 10/05/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,348

Year Built

  • Built in 1973

Lot Details

  • No Units Located Below
  • Two or More Common Walls
  • Wrought Iron Fence

HOA Fees

  • $505 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Tandem Covered Parking
  • Automatic Gate
  • Assigned Parking

Home Design

  • Cosmetic Repairs Needed
  • Fixer Upper

Interior Spaces

  • 889 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Carpet
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Oven
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Home Security

Pool

  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 36535
  • Assessor Parcel Number 2358027026
  • $135 per year additional tax assessments

Community Details

Overview

  • 38 Units
  • Knollwood Villas Home Owners Association, Phone Number (818) 563-6111
  • Aberdeen Management Company HOA
  • Maintained Community

Amenities

  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,348

Year Built

Built in 1973

Lot Details

0

HOA Fees

$505 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Smoke Detector(s)
  • View: No
  • Zoning: LAR3
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2358027026
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 889.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Below
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 478.07
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Bathroom Features: Shower, Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Features: Association, Community, Fenced, Gunite, In Ground
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Covered, Tandem Covered
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Gas Oven
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Gym/Ex Room, Storage, Earthquake Insurance, Maintenance Grounds, Trash
  • Association Fee: 505.00
  • Association Fee Frequency: Monthly
  • Association Name: Knollwood Villas Home Owners Association
  • Phone: (818) 563-61115
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Urban
  • Association Management: Aberdeen Management Company

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 42711.00
  • Lot Size Acres: 0.9805

Multi Family

  • Lease Considered: No
  • Lot Size Area: 42711.0000 Square Feet
  • Number Of Units In Community: 38
  • Number Of Units Total: 40

Tax Info

  • Tax Census Tract: 1247.00
  • Tax Lot: 1
  • Tax Tract Number: 36535
  • TaxOtherAnnualAssessmentAmount: 135.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2022
Sold by
Albin Andy Duane and Albin Homer Gale
Bought by
Stoyanova Vesselina D
Current Estimated Value
$535,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 1996
Sold by
Johnson Azana
Bought by
Johnson Mark R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
7.68%

Purchase Details

Closed on
May 3, 1996
Sold by
Johnson Allan B
Bought by
Albin Homer G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
7.68%
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
Stoyanova Vesselina D $425,000 Orange Coast Title
Johnson Mark R -- American Title
Albin Homer G $67,000 American Title
Johnson Allan B -- American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stoyanova Vesselina D $318,000
Previous Owner Albin Homer G $53,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $425,000 -6.4% $478 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
12/16/2022 12/16/22 Price Changed $454,000 -6.4% $511 / Sq Ft
12/06/2022 12/06/22 For Sale $484,900 +14.1% $545 / Sq Ft
12/03/2022 12/03/22 Off Market $425,000 -- --
12/01/2022 12/01/22 Price Changed $484,900 0.0% $545 / Sq Ft
12/01/2022 12/01/22 For Sale $484,900 +14.1% $545 / Sq Ft
11/18/2022 11/18/22 Off Market $425,000 -- --
11/18/2022 11/18/22 For Sale $499,900 +17.6% $562 / Sq Ft
10/19/2022 10/19/22 Off Market $425,000 -- --
10/14/2022 10/14/22 For Sale $499,900 0.0% $562 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $499,900 -- $562 / 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 $5,348 $442,169 $277,578 $164,591
2024 $5,348 $433,500 $272,136 $161,364
2023 $1,346 $106,954 $21,382 $85,572
2022 $1,283 $104,858 $20,963 $83,895
2021 $1,261 $102,802 $20,552 $82,250
2019 $1,222 $99,755 $19,944 $79,811
2018 $1,200 $97,800 $19,553 $78,247
2016 $1,133 $94,004 $18,795 $75,209
2015 $1,117 $92,593 $18,513 $74,080
2014 $1,126 $90,780 $18,151 $72,629
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22197688

California Regional Multiple Listing Service (CRMLS)

APN: 2358-027-026