NOT LISTED FOR SALE

5240 Fulton Ave Sherman Oaks, CA 91401

Estimated Value: $1,688,000 - $1,827,000

3 Beds
2 Baths
2,762 Sq Ft
$642/Sq Ft Est. Value

Last Sold September 28, 2022

Last sale price $1,520,000 $550 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $10,956/month

3 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Ulysses S. Grant Senior High School Rated A-
  • Property is near public transit
  • Hydromassage or Jetted Bathtub

About This Home

As of September 2022

This 3 Bedroom, 2 Bath CA ranch with close to 2,800 sqft, is the one you have been waiting for. A large driveway pad with two entrances greets and leads to a lovely brick and designer stone front porch. A formal entry, peg and groove wood floors, plantation shutters and beveled glass sliding wood French doors provide the backdrop to this gem. A formal living room with fireplace, tray ceiling and built-ins, includes a dining room area that leads to the granite kitchen with top-of-the-line appliances including double Miele convection ovens, and a large breakfast area featuring a garden window. The family room has a beautiful wood mantled fireplace, coffered ceiling, and a bar area with fridge. The sizeable primary suite with sitting area features a fireplace, French doors to the yard, and an extra-large walk-in closet with center island. The bathroom features dual sinks, jetted tub and a separate 2-person glass shower complementing the good-sized secondary bedrooms and another full bath. Rear grounds include a covered brick patio, built-in BBQ area, pond, a bridge to a Zen meditation area and mature landscaping. Amazing value in the heart of Sherman Oaks!

Last Agent to Sell the Property

Andrew Spitz

Christie's Int. R.E SoCal License #00924610 Listed on: 08/24/2022

Last Buyer's Agent

Lisa Martinez

Coldwell Banker Realty License #01469654

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,093

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 7,670 Sq Ft Lot
  • Level Lot
  • Private Yard
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side by Side Parking
  • Driveway

Home Design

  • Concrete Roof

Interior Spaces

  • 2,762 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bar
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Recessed Lighting
  • Plantation Shutters
  • Garden Windows
  • French Doors
  • Sliding Doors
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laundry Room
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Double Convection Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Additional Features

  • Grab Bar In Bathroom
  • Property is near public transit
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 170
  • Tax Tract Number 1000
  • Assessor Parcel Number 2345024012
  • $464 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,093

Year Built

Built in 1955 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2345024012
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2762.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Coffered Ceiling(s), Crown Molding, Granite Counters, Recessed Lighting, Tile Counters, Tray Ceiling(s), Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: Grab Bars In Bathroom(s)
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors, Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Nook, In Living Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 550.33
  • Room Type: All Bedrooms Down, Formal Entry, Kitchen, Laundry, Living Room, Master Suite, Separate Family Room, Walk-In Closet
  • Window Features: Garden Window(s), Plantation Shutters, Shutters
  • Bathroom Features: Shower In Tub, Double Sinks In Master Bath, Jetted Tub, Separate Tub And Shower, Tile Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting
  • Patio And Porch Features: Brick, Covered, Patio, Patio Open, Front Porch, Stone
  • Pool Private: No
  • Roof: Concrete
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, On Site, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Double Oven, Freezer, Disposal, Gas Cooktop, Microwave, Range Hood, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Dog Park, Gutters, Park, Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Level with Street, Lot 6500-9999, Near Public Transit, Yard
  • Lot Size Sq Ft: 7670.00
  • Lot Size Acres: 0.1761

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7670.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1247.00
  • Tax Lot: 170
  • Tax Tract Number: 1000
  • TaxOtherAnnualAssessmentAmount: 464.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Aug 31, 2022
Sold by
Lynn Solky Trust
Bought by
Little Bison Trust
Seller's Agent
Andrew Spitz
Christie's Int. R.E SoCal
Buyer's Agent
Lisa Martinez
Coldwell Banker Realty
List Price
$1,599,000
Sold Price
$1,520,000
Premium/Discount to List
-$79,000
-4.94%
Views
19
Current Estimated Value
$1,773,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,194
Avg. Annual Appreciation
5.57%

Purchase Details

Closed on
Oct 19, 2012
Sold by
Solky Lynn
Bought by
Solky Lynn and Lynn Solky Trust

Purchase Details

Closed on
Mar 1, 1994
Sold by
Southern California Fsla
Bought by
Solky Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
7.09%

Purchase Details

Closed on
Feb 28, 1994
Sold by
Solky Marty
Bought by
Solky Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
7.09%
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
Little Bison Trust $1,520,000 Pacific Coast Title
Solky Lynn -- None Available
Solky Lynn $255,000 Stewart Title
Solky Lynn -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solky Lynn $71,000
Previous Owner Solky Lynn $140,000
Previous Owner Solky Lynn $178,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2022 09/28/22 Sold $1,520,000 -4.9% $550 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $1,599,000 -- $579 / 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 $19,093 $1,581,407 $1,167,536 $413,871
2024 $19,093 $1,550,400 $1,144,644 $405,756
2023 $18,724 $1,520,000 $1,122,200 $397,800
2022 $5,164 $408,394 $245,039 $163,355
2021 $5,088 $400,387 $240,235 $160,152
2019 $4,940 $388,512 $233,110 $155,402
2018 $4,793 $380,895 $228,540 $152,355
2016 $4,556 $366,106 $219,666 $146,440
2015 $4,491 $360,608 $216,367 $144,241
2014 $4,511 $353,545 $212,129 $141,416
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22186229

California Regional Multiple Listing Service (CRMLS)

APN: 2345-024-012