NOT LISTED FOR SALE

5254 Corteen Place Unit 7 Valley Village, CA 91607

Estimated Value: $746,000 - $965,000

2 Beds
2.5 Baths
1,440 Sq Ft
$351/mo HOA Fee

Last Sold April 06, 2022

Last sale price $775,000 $538 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,567/month

Highlights

  • Two Primary Bedrooms
  • Updated Kitchen
  • Mountain View
  • North Hollywood Senior High School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of April 2022

Beautiful END UNIT, 3-level condo in the Tuscany architecture building of Palazzo De Corteen. This freshly painted unit features base & crown molding and wooden floors throughout. The high ceilings have recessed LED lighting to save on electricity. An open concept first floor for living, dining, and a kitchen with new custom cabinetry and granite countertops. The second floor has a spacious primary bedroom with walk-in closet and large en-suite bathroom, as well as an additional guest bedroom with en-suite bathroom. The third floor leads to a private rooftop deck that's perfect for entertaining with mountain views.

Last Agent to Sell the Property

Danny Kim

Berkshire Hathaway Home Services Golden Properties License #02139573 Listed on: 03/08/2022

Berkshire Hathaway Home Services Golden Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,885

Year Built

  • Built in 2009 | Remodeled

Lot Details

  • End Unit
  • 1 Common Wall
  • Landscaped
  • Front Yard Sprinklers

HOA Fees

  • $351 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Tandem Garage
  • Automatic Gate
  • Parking Lot
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Turnkey
  • Copper Plumbing

Interior Spaces

  • 1,440 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Wood Flooring
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Parking

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Schools

  • Burbank Elementary School
  • Reed Middle School
  • North Hollywood High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Assessor Parcel Number 2347026087

Community Details

Overview

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

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,885

Year Built

Built in 2009 | Remodeled

Lot Details

0

HOA Fees

$351 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Automatic Gate, Card/Code Access
  • Subdivision Name Other: Palazzo De Corteen
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2347026087
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1440.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Stone Counters
  • Stories: 3
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Wood
  • Accessibility Features: Accessible Elevator Installed, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 486.11
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Two Masters, Walk-In Closet
  • Bathroom Features: Double Sinks In Bath(s)
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: No
  • View: Mountain(s)
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Parking Space, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, Gas Oven, Microwave
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Earthquake Insurance, Maintenance Grounds, Sewer, Trash, Water
  • 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, Sidewalks, Storm Drains, Street Lights
  • Association Management: Real Property Management South SFV

Schools

  • Elementary School: Burbank
  • High School: North Hollywood
  • Middle Or Junior School: Reed
  • Elementary School #2: BURBAN
  • High School2: NORHOL

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped, Lot 10000-19999 Sqft, Sprinkler System, Sprinklers In Front

Multi Family

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

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Mar 24, 2022
Sold by
Kang Sok Hoon and Jeong Yoon
Bought by
Meisner Scott
Seller's Agent
Danny Kim
Berkshire Hathaway Home Services Golden Properties
List Price
$699,999
Sold Price
$775,000
Premium/Discount to List
$75,001
10.71%
Current Estimated Value
$839,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,096
Avg. Annual Appreciation
2.26%
Original Mortgage
$620,000
Outstanding Balance
$579,084
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$260,012

Purchase Details

Listed on
Apr 1, 2016
Closed on
Apr 25, 2016
Sold by
Nasari Joseph
Bought by
Kang Sok Hoon and Oh Jeong Yoon
Seller's Agent
Poupee Komenkul
Rodeo Realty
Buyer's Agent
Ashton Moura
Redfin Corporation
List Price
$549,000
Sold Price
$527,000
Premium/Discount to List
-$22,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$463,500
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2009
Sold by
Mbi Development Llc
Bought by
Nazari Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,685
Interest Rate
4.75%
Mortgage Type
FHA
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
Meisner Scott $775,000 New Title Company Name
Kang Sok Hoon $527,000 First American Title Co
Nazari Joseph $400,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meisner Scott $620,000
Previous Owner Kang Sok Hoon $463,500
Previous Owner Nazari Joseph $394,685
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2022 04/06/22 Sold $775,000 +10.7% $538 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $699,999 -9.7% $486 / Sq Ft
03/07/2022 03/07/22 Off Market $775,000 -- --
03/02/2022 03/02/22 For Sale $699,999 +32.8% $486 / Sq Ft
05/16/2016 05/16/16 Sold $527,000 -4.0% $366 / Sq Ft View Prior Sale
04/19/2016 04/19/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $549,000 -- $381 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $9,885 $822,434 $522,219 $300,215
2024 $9,885 $806,309 $511,980 $294,329
2023 $9,691 $790,500 $501,942 $288,558
2022 $6,972 $587,874 $355,848 $232,026
2021 $6,881 $576,348 $348,871 $227,477
2019 $6,670 $559,255 $338,524 $220,731
2018 $6,627 $548,290 $331,887 $216,403
2016 $5,286 $432,900 $241,775 $191,125
2015 $5,209 $426,399 $238,144 $188,255
2014 $5,229 $418,048 $233,480 $184,568
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-8407

Pasadena-Foothills Association of REALTORS®

APN: 2347-026-087