NOT LISTED FOR SALE

5233 Lemona Ave Sherman Oaks, CA 91411

Estimated Value: $1,396,000 - $1,807,000

3 Beds
2 Baths
1,978 Sq Ft
$808/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $892,000 $451 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $9,445/month

Highlights

  • Sound Studio
  • Contemporary Architecture
  • Private Yard
  • Kester Avenue Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of May 2016

Truly the house that music built, this 1900+ sq ft California ranch was instrumental in bringing the world renowned Suzuki teaching method to the city of Los Angeles. Comfortably nuzzled midway down a tree-lined street in a sought after Sherman Oaks neighborhood called Magnolia Woods, this 3 bedroom and 2 bath home includes a large formal living room which anchors the flow of movement throughout the house and seamlessly transitions into an outdoor family and dining space which features a manicured backyard with fruit trees and lounge areas. The streamlined galley-styled kitchen with breakfast nook includes modern cabinetry with ample storage which effortlessly segues into the dining area and living room. A plethora of windows throughout the living room, kitchen and bedrooms, accompanied by hardwood and tiled flooring throughout, welcome the natural light further adding to the warmth of this charming piece of modern history. This home also includes an off-house permitted studio addition which is perfect for a music studio, media room, home office, meditation area, library, or fitness room. Easy access to Westside. Gem of Sherman Oaks. Award-winning Kester Elementary Kester Magnet school district. HURRY this home will not last. EZ to Show!

Last Agent to Sell the Property

Elle Jones

Equity Union License #01724595 Listed on: 04/14/2016

Last Buyer's Agent

Elle Jones

Equity Union License #01724595 Listed on: 04/14/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,722

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 7,990 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Irregular Lot
  • Sprinkler System
  • Private Yard
  • Back and Front Yard

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Turnkey
  • Shingle Roof
  • Composition Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,978 Sq Ft Home
  • Double Pane Windows
  • Blinds
  • Living Room with Fireplace
  • Sound Studio
  • Wood Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Driveway
  • Paved Parking

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Phone Available

Community Details

  • No Home Owners Association
  • Greenbelt

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 16318
  • Assessor Parcel Number 2250020006

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,722

Year Built

Built in 1951 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Smoke Detector(s), Security System
  • View: No
  • Architectural Style: Contemporary, Traditional
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2250020006
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1978.00
  • Interior Amenities: Copper Plumbing Partial
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 450.96
  • Room Type: Living Room, Sound Studio
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete, Driveway

Utilities

  • Utilities: Sewer Connected, Sewer Available, Phone Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Disposal
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Greenbelt, Landscaped, Irregular Lot, Sprinkler System, Yard
  • Lot Size Sq Ft: 7990.00
  • Price Per Lot Square Foot: 111.64

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 41
  • Tax Tract Number: 16318

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2016
Closed on
Apr 30, 2016
Sold by
Low Daniel
Bought by
Kim Samuel and Kim Grace
Seller's Agent
Elle Jones
Equity Union
Buyer's Agent
Elle Jones
Equity Union
List Price
$899,900
Sold Price
$892,000
Premium/Discount to List
-$7,900
-0.88%
Current Estimated Value
$1,598,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$706,656
Avg. Annual Appreciation
6.40%
Original Mortgage
$713,600
Outstanding Balance
$566,590
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$1,032,066

Purchase Details

Closed on
Nov 13, 1998
Sold by
Low Idell B
Bought by
Low Idell and The Idell Low Revocable Trust
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
Kim Samuel $892,000 Fidelity National Title Co
Low Idell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Samuel $713,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2016 05/31/16 Sold $892,000 -0.9% $451 / Sq Ft
04/23/2016 04/23/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $899,900 -- $455 / 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 $12,722 $1,055,937 $774,672 $281,265
2024 $12,722 $1,035,233 $759,483 $275,750
2023 $12,475 $1,014,936 $744,592 $270,344
2022 $11,893 $995,037 $729,993 $265,044
2021 $11,745 $975,528 $715,680 $259,848
2019 $11,393 $946,595 $694,453 $252,142
2018 $11,315 $928,036 $680,837 $247,199
2016 $1,218 $93,975 $35,388 $58,587
2015 $1,202 $92,564 $34,857 $57,707
2014 $1,215 $90,752 $34,175 $56,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16078339

California Regional Multiple Listing Service (CRMLS)

APN: 2250-020-006