NOT LISTED FOR SALE

5243 Tyrone Ave Sherman Oaks, CA 91401

Estimated Value: $1,194,000 - $1,338,000

2 Beds
2 Baths
1,194 Sq Ft
$1,063/Sq Ft Est. Value

Last Sold April 11, 2014

Last sale price $610,000 $511 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $7,484/month

16 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • No HOA
  • Chandler Elementary Rated A-
  • Wood Flooring
  • Beamed Ceilings

About This Home

As of April 2014

This highly desirable Sherman Oaks home is located on a wonderful tree-lined street within walking distance from the Sherman Oaks park. The home has been tastefully updated combining modern conveniences with elegant period details. The open-floor plan features a skylight in the living room and boasts brand new appliances, quartz countertops, maple wood cabinetry, and a butcher-block breakfast bar. It even incorporates a home office. The dining room has a built-in upholstered bench and two pendant pulley lights. The backyard is an entertainer's delight, featuring a beautiful kidney-shaped pool, Craftsman-style lights, a rose garden, and a grassy area. Additional details include oak hardwood floors, a remodeled master bath, new windows, an alarm system that allows window venting, and a new sewer line to the street. This home is a must see!

Last Listed By

Cynthia Burts

Burts & Associates License #01134271 Listed on: 03/01/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,955

Year Built

  • Built in 1952

Lot Details

  • 5,400 Sq Ft Lot
  • East Facing Home
  • Block Wall Fence
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Turnkey
  • Raised Foundation
  • Interior Block Wall
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,194 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Beamed Ceilings
  • Skylights
  • French Doors
  • Family Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • In Ground Pool
  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 178
  • Tax Tract Number 6015
  • Assessor Parcel Number 2248010025

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,955

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: 310-308-8003
  • Property Attached: No
  • Security: Security System
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2248010025
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1194.00
  • Interior Amenities: Beamed Ceilings, Block Walls, Crown Molding
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 510.89
  • Room Type: All Bedrooms Down
  • Window Features: Skylight(s)

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Raised
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

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

Utilities

  • Utilities: Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Self Cleaning Oven
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5400.00
  • Lot Size Acres: 0.1240

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5400.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 178
  • Tax Tract Number: 6015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2014
Closed on
Mar 24, 2014
Sold by
Favretto Jeffrey A
Bought by
Lomax Courtland J and Moon Sun Young
Seller's Agent
Cynthia Burts
Burts & Associates
List Price
$629,500
Sold Price
$610,000
Premium/Discount to List
-$19,500
-3.1%
Total Days on Market
16
Current Estimated Value
$1,269,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$659,661
Avg. Annual Appreciation
6.80%
Original Mortgage
$310,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 20, 2005
Sold by
Wylle Melissa
Bought by
Favretto Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2001
Sold by
Hosmer Robin A
Bought by
Wylie Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,600
Interest Rate
6.39%
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 Buyer Sale Price Title Company
Lomax Courtland J $610,000 Chicago Title Company
Favretto Jeffrey A $620,000 Ticor Title Company
Wylie Melissa $292,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lomax Courtland J $333,580
Closed Lomax Courtland J $310,000
Previous Owner Favretto Jeffrey A $496,000
Previous Owner Wylie Melissa $233,600
Previous Owner Hosmer Robin A $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2014 04/11/14 Sold $610,000 -3.1% $511 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $629,500 -- $527 / 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 $8,955 $733,103 $582,641 $150,462
2023 $8,780 $718,729 $571,217 $147,512
2022 $8,369 $704,637 $560,017 $144,620
2021 $8,265 $690,822 $549,037 $141,785
2019 $8,015 $670,334 $532,753 $137,581
2018 $7,924 $657,191 $522,307 $134,884
2016 $7,571 $631,674 $502,026 $129,648
2015 $7,459 $622,187 $494,486 $127,701
2014 $7,425 $605,100 $484,700 $120,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14042517

California Regional Multiple Listing Service (CRMLS)

APN: 2248-010-025