NOT LISTED FOR SALE

5254 Corteen Place Unit 2 Valley Village, CA 91607

Estimated Value: $644,717 - $928,000

2 Beds
2.5 Baths
1,290 Sq Ft
$351/mo HOA Fee

Last Sold November 14, 2018

Last sale price $545,000 $422 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,971/month

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Wood Flooring
  • North Hollywood Senior High School Rated A
  • Open Floorplan
  • High Ceiling

About This Home

As of November 2018

Open floor-plan with living room, dining area, and ample size kitchen with granite counter tops. Home looks like a model. Custom refinished cabinets and stainless steel appliances. Kitchen opens to the living room & dining area. PRIVATE Rooftop Terrace! In-unit laundry, like-new wood floors, High ceilings, crown molding, double pane windows, shutters, recessed lighting and an fireplace. Custom wrought iron hand railings, private gated subterranean garage - assigned spots and Guest Parking. HOA has EQ insurance. Located close to shopping, freeways, restaurants, synagogues, and the Metro Orange Line.

Last Agent to Sell the Property

Herb Rim

eXp Realty of Greater Los Angeles, Inc. License #01870707 Listed on: 09/07/2018

eXp Realty of Greater Los Angeles, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,346

Year Built

  • Built in 2009

Lot Details

  • Two or More Common Walls
  • Density is 6-10 Units/Acre

HOA Fees

  • $351 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Garage
  • On-Street Parking
  • Assigned Parking
  • Community Parking Structure

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 1,290 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Storage

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Upgraded Bathroom
  • Makeup or Vanity Space
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Utilities

  • Central Heating and Cooling System
  • Standard Electricity
  • High-Efficiency Water Heater

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 62559
  • Assessor Parcel Number 2347026082

Community Details

Overview

  • Master Insurance
  • 10 Units
  • Palazzo De Corteen Association, Phone Number (818) 905-7306

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,346

Year Built

Built in 2009

Lot Details

0

HOA Fees

$351 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2347026082
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1290.00 Square Feet
  • Interior Amenities: Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Tandem
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Stone, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Family Room, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 422.48
  • Room Type: All Bedrooms Up, Master Suite
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower In Tub, Exhaust Fan(s), Upgraded, Vanity Area
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Stone Counters

Exterior Features

  • View: City Lights, Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking Features: Assigned, Community Structure, Street, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, High Efficiency Water Heater, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Closet, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Earthquake Insurance, Insurance, Trash, Sewer, Water, Pet Rules, Controlled Access
  • Association Fee: 351.00
  • Association Fee Frequency: Monthly
  • Association Name: Palazzo De Corteen
  • Phone: 8189057306
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10842.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 10
  • Number Of Units Total: 1

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
Sep 7, 2018
Closed on
Oct 19, 2018
Sold by
Felicione John C
Bought by
Weitz Tyler
Seller's Agent
Herb Rim
eXp Realty of Greater Los Angeles, Inc.
List Price
$565,000
Sold Price
$545,000
Premium/Discount to List
-$20,000
-3.54%
Current Estimated Value
$765,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,679
Avg. Annual Appreciation
5.01%
Original Mortgage
$436,000
Outstanding Balance
$381,828
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$383,851

Purchase Details

Closed on
Dec 3, 2009
Sold by
Mbi Development Llc
Bought by
Felicione John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
4.91%
Mortgage Type
New Conventional
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
Weitz Tyler $545,000 Lawyers Title
Felicione John C $389,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weitz Tyler $436,000
Previous Owner Felicione John C $311,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2018 11/14/18 Sold $545,000 -3.5% $422 / Sq Ft
10/13/2018 10/13/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $565,000 -- $438 / 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 $7,346 $607,952 $386,524 $221,428
2024 $7,346 $596,033 $378,946 $217,087
2023 $7,202 $584,347 $371,516 $212,831
2022 $6,863 $572,890 $364,232 $208,658
2021 $6,776 $561,658 $357,091 $204,567
2019 $6,571 $545,000 $346,500 $198,500
2018 $5,417 $441,297 $253,207 $188,090
2016 $5,172 $424,163 $243,376 $180,787
2015 $5,096 $417,793 $239,721 $178,072
2014 $5,116 $409,610 $235,026 $174,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18219365

California Regional Multiple Listing Service (CRMLS)

APN: 2347-026-082