NOT LISTED FOR SALE

5254 Corteen Place Unit 10 Valley Village, CA 91607

Estimated Value: $704,000 - $955,000

2 Beds
2.5 Baths
1,350 Sq Ft
$351/mo HOA Fee

Last Sold February 25, 2020

Last sale price $597,000 $442 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,204/month

12 Days on Market

Highlights

  • Primary Bedroom Suite
  • View of Hills
  • Granite Countertops
  • North Hollywood Senior High School Rated A
  • End Unit
  • 2 Car Attached Garage

About This Home

As of February 2020

Welcome to Palazzo De Corteen, an exquisite Tuscany architecture building built in 2009. Come take a look at this contemporary three story end unit condo just a short commute to boutiques, restaurants, and coffee shops. This two bedroom, 2.5 bath property features an spacious living room with fireplace and a balcony, an open kitchen with granite counter-tops with a breakfast bar. The master suite includes a walk in closet, with en-suite with double sinks, and a balcony, additional features include recessed lighting and dual-pane windows, an interior washer/dryer. A private roof top deck makes for summer parties, perfect for entertaining and enjoying the vistas of the city and aerial mountain views.

Last Agent to Sell the Property

Mark Welling

REMAX Empower License #00975125 Listed on: 01/22/2020

REMAX Empower

Last Buyer's Agent

Daniel Hendrix

eXp Realty of Greater Los Angeles License #01993499

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,884

Year Built

  • Built in 2009

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $351 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,350 Sq Ft Home
  • Crown Molding
  • Recessed Lighting
  • Living Room with Fireplace
  • Laminate Flooring
  • Views of Hills
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • 10 Units
  • Palazzo De Corteen Association, Phone Number (818) 905-7306
  • Real Property Management HOA

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 62559
  • Assessor Parcel Number 2347026090

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,884

Year Built

Built in 2009

Lot Details

0

HOA Fees

$351 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2347026090
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1350.00 Square Feet
  • Interior Amenities: Crown Molding, Recessed Lighting
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 442.22
  • Room Type: Kitchen, Laundry, Living Room, Master Bedroom, Master Suite, Walk-In Closet
  • Bathroom Features: Double Sinks In Master Bath, Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Hills
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash
  • Association Fee: 351.00
  • Association Fee Frequency: Monthly
  • Association Name: Palazzo De Corteen
  • Phone: 818-905-7306
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: Real Property Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 10842.00
  • Lot Size Acres: 0.2489

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10842.0000 Square Feet
  • Number Of Units In Community: 10
  • Number Of Units Total: 10

Tax Info

  • Tax Census Tract: 1249.03
  • Tax Lot: 1
  • Tax Tract Number: 62559

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Feb 14, 2020
Sold by
Trelia Mary
Bought by
Foster Melanie
Seller's Agent
Mark Welling
REMAX Empower
Buyer's Agent
Daniel Hendrix
eXp Realty of Greater Los Angeles
List Price
$589,000
Sold Price
$597,000
Premium/Discount to List
$8,000
1.36%
Current Estimated Value
$801,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,542
Avg. Annual Appreciation
5.33%
Original Mortgage
$567,150
Outstanding Balance
$502,172
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$299,370

Purchase Details

Listed on
Mar 21, 2017
Closed on
Apr 17, 2017
Sold by
Hawks Jonathan E
Bought by
Trella Mary
Seller's Agent
George Ouzounian
The Agency
List Price
$549,000
Sold Price
$575,000
Premium/Discount to List
$26,000
4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.34%
Original Mortgage
$400,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2009
Sold by
Mbi Development Llc
Bought by
Hawks Jonathan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.99%
Mortgage Type
New Conventional
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
Foster Melanie $597,000 Chicago Title Company
Trella Mary $575,000 Fidelity National Title
Hawks Jonathan E $437,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Melanie $567,150
Previous Owner Trella Mary $400,000
Previous Owner Hawks Jonathan E $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2020 02/25/20 Sold $597,000 +1.4% $442 / Sq Ft
01/22/2020 01/22/20 For Sale $589,000 +2.4% $436 / Sq Ft
04/28/2017 04/28/17 Sold $575,000 +4.7% $397 / Sq Ft View Prior Sale
03/30/2017 03/30/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $549,000 -- $379 / 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 $7,884 $652,902 $408,475 $244,427
2024 $7,884 $640,101 $400,466 $239,635
2023 $7,731 $627,551 $392,614 $234,937
2022 $7,367 $615,247 $384,916 $230,331
2021 $7,273 $603,184 $377,369 $225,815
2020 $7,420 $610,193 $394,556 $215,637
2019 $7,122 $598,229 $386,820 $211,409
2018 $7,079 $586,500 $379,236 $207,264
2016 $5,718 $476,504 $278,052 $198,452
2015 $5,634 $469,348 $273,876 $195,472
2014 $5,653 $460,155 $268,512 $191,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB20014710

California Regional Multiple Listing Service (CRMLS)

APN: 2347-026-090