NOT LISTED FOR SALE

5314 Willis Ave Sherman Oaks, CA 91411

Estimated Value: $2,299,000 - $3,535,000

5 Beds
4.5 Baths
3,984 Sq Ft
$738/Sq Ft Est. Value

Last Sold July 21, 2020

Last sale price $2,225,000 $558 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $17,971/month

Highlights

  • New Construction
  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Kester Avenue Elementary School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of July 2020

Welcome to the Magazine-worthy home ! This designed home is located in one of most desirable neighborhood of Sherman Oaks! Stunning Smart home that offers elegant finished & eye-catching details. A home boasting 5 bedrooms, 4.5 bathrooms complete with High quality Hardwood flooring & high beamed ceilings with recessed lighting! The impeccable open floor-plan that creates the perfect space to entertain & unwind. Take pleasure cooking in a Gourmet Chef's kitchen is designed with every convenience complete with custom built cabinets & Quartz counter-tops, as well as top of the line Thermador stainless -steel appliances. Relax away in a Master Retreat featuring a private balcony, a walk-in closet, a fireplace & a beautifully designed hotel styled bathroom with double vanities, walk-in shower, a soaking tub, as well as a makeup vanity. Other features in the home include a security system, surround sound system, custom built-ins, a wine closet, office & a laundry room. Outside find Zero-scape landscaping with lush greenery surrounding the home, creating a tranquil & private space for your family & guests. A luxuriously designed back-yard with a pool, waterfall, Jacuzzi, a built-in BBQ & ample lawn space to play, relax in solitude or enjoy the company of your guests. Conveniently located by 101 & 405 FWY, close proximity to the winning award Kester school, Sherman Oaks Castle Park, Sherman Oaks Galleria, Whole Foods, Sherman Oaks Park, fashion square mall, fine dining, shops & more!

Last Agent to Sell the Property

Rosalyne Cohen

Beverly and Company, Inc. License #01973657 Listed on: 06/08/2020

Beverly and Company, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,721

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 6,705 Sq Ft Lot
  • Landscaped
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Interior Spaces

  • 3,984 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • Living Room with Fireplace
  • Home Office
  • Wood Flooring
  • Pool Views
  • Home Security System
  • Quartz Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Air
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 11558
  • Assessor Parcel Number 2249018018

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,721

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Security System
  • View: Yes
  • Zoning: LAR1
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2249018018
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 3984.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 558.48
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Office
  • Spa Features: Private, In Ground
  • Bathroom Features: Double Sinks In Master Bath, Separate Tub And Shower, Vanity Area
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Pool
  • Patio And Porch Features: Patio
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • 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

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped
  • Lot Size Sq Ft: 6705.00
  • Lot Size Acres: 0.1539

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6705.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1288.02
  • Tax Lot: 21
  • Tax Tract Number: 11558

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Jul 1, 2020
Sold by
Cohen Brothers Developers Llc
Bought by
Manchanda Rishi and Sayana Shilpa
Seller's Agent
Rosalyne Cohen
Beverly and Company, Inc.
List Price
$2,299,000
Sold Price
$2,225,000
Premium/Discount to List
-$74,000
-3.22%
Current Estimated Value
$2,938,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$713,281
Avg. Annual Appreciation
5.50%
Original Mortgage
$1,780,000
Outstanding Balance
$1,556,122
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$1,382,160

Purchase Details

Listed on
Jun 8, 2020
Closed on
Jun 3, 2020
Sold by
Cohen Yezhar and Cohen Rosalyne
Bought by
Cohen Brothers Developers Llc
Seller's Agent
Rosalyne Cohen
Beverly and Company, Inc.
List Price
$2,299,000
Sold Price
$2,225,000
Premium/Discount to List
-$74,000
-3.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,780,000
Outstanding Balance
$1,556,122
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$1,382,160

Purchase Details

Listed on
May 23, 2019
Closed on
Jun 5, 2019
Sold by
Magnum Property Investments Llc
Bought by
Cohen Yezhar and Cohen Rosalyne
Seller's Agent
David Spangler
Pinnacle Estate Properties, Inc.
Buyer's Agent
David Spangler
The Address Inc.
List Price
$800,000
Sold Price
$822,500
Premium/Discount to List
$22,500
2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
167.86%
Original Mortgage
$658,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2018
Sold by
Leong Georgianne Mary
Bought by
Magnum Property Investments Llc

Purchase Details

Closed on
Jun 27, 2002
Sold by
Barr Herbert Joseph
Bought by
Leong Georgianne Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.7%
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
Manchanda Rishi $2,225,000 Stewart Title Of Ca Inc
Cohen Brothers Developers Llc -- Stewart Title Company
Cohen Yezhar $822,500 Fidelity National Title
Magnum Property Investments Llc $670,000 None Available
Leong Georgianne Mary $325,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manchanda Rishi $1,780,000
Previous Owner Cohen Yezhar $658,000
Previous Owner Leong Georgianne Mary $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2020 07/21/20 Sold $2,225,000 -3.2% $558 / Sq Ft
06/08/2020 06/08/20 For Sale $2,299,000 +3.3% $577 / Sq Ft
05/28/2020 05/28/20 Off Market $2,225,000 -- --
07/18/2019 07/18/19 Sold $822,500 +2.8% $595 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $800,000 -- $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 $28,721 $2,408,410 $1,445,046 $963,364
2024 $28,721 $2,361,187 $1,416,712 $944,475
2023 $28,159 $2,314,890 $1,388,934 $925,956
2022 $26,838 $2,269,500 $1,361,700 $907,800
2021 $26,511 $2,225,000 $1,335,000 $890,000
2020 $10,180 $822,500 $658,000 $164,500
2019 $502 $776,000 $676,000 $100,000
2018 $5,034 $413,675 $316,053 $97,622
2016 $4,801 $397,613 $303,781 $93,832
2015 $4,730 $391,641 $299,218 $92,423
2014 $4,751 $383,970 $293,357 $90,613
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20085404

California Regional Multiple Listing Service (CRMLS)

APN: 2249-018-018