NOT LISTED FOR SALE

5400 Simpson Ave Unit 3 Valley Village, CA 91607

Estimated Value: $582,000 - $724,000

3 Beds
3 Baths
1,102 Sq Ft
$610/Sq Ft Est. Value

Last Sold August 27, 2014

Last sale price $432,000 $392 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,934/month

4 Days on Market

Highlights

  • Views of Trees
  • Traditional Architecture
  • 2 Car Direct Access Garage
  • North Hollywood Senior High School Rated A
  • Bonus Room
  • Central Heating and Cooling System

About This Home

As of August 2014

This wonderful 3 bedroom, 2 1/2 bath townhouse with a private, direct access two car garage will make a wonderful place to call home. Features include eat-in kitchen, large living room with a fireplace and private patio. Generous bonus room, which could be an office or a gym. Laundry room in the unit. Recent updates include; kitchen cabinets, bathroom vanities, entire master bathroom, new carpet, flooring and paint. Located in a lovely neighborhood, surrounded by single family homes.

Last Agent to Sell the Property

Sharon Rollins

Sotheby's International Realty License #01348468 Listed on: 07/19/2014

Last Buyer's Agent

Joseph Devarenne

Sotheby's International Realty License #01369564

Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,200

Year Built

  • Built in 1990

Lot Details

  • 0.34 Acre Lot
  • Wood Fence

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,102 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Bonus Room
  • Views of Trees
  • Alarm System

Kitchen

  • Oven or Range
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2348-007-050

Community Details

Overview

  • 13 Units

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,200

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Traditional
  • Levels: Three Or More
  • Street Number Display: Yes
  • Complex Name: Simpson Townhouses
  • Entry Floor: 1
  • Living Area: 1102
  • Planned Urban Dev: 0
  • Year Built: 1990
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Appliances: Microwave, Range
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Up
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 389.29

Exterior Features

  • Construction: Stucco, Wood Siding
  • Tennis Court Y/N: No
  • Fence: Wood
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Direct Entrance, Door Opener, Garage - 2 Car, Garage Is Attached, Private Garage
  • Total Parking: 242

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 255.00

Lot Info

  • Assessor Parcel Number: 2348-007-050
  • Geocode Override: No
  • Lot Size Area: 14912

Multi Family

  • Number Of Units: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2014
Closed on
Jul 31, 2014
Sold by
Turner Stephen A and Turner Bonnie K
Bought by
Waldrop Randall
Seller's Agent
Sharon Rollins
Sotheby's International Realty
Buyer's Agent
Joseph Devarenne
Sotheby's International Realty
List Price
$429,000
Sold Price
$432,000
Premium/Discount to List
$3,000
0.7%
Current Estimated Value
$652,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,826
Avg. Annual Appreciation
4.02%
Original Mortgage
$345,600
Outstanding Balance
$263,519
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$408,324

Purchase Details

Listed on
Jul 19, 2014
Closed on
Jul 30, 2014
Sold by
Turner Maggie
Bought by
Turner Stephen A and Turner Bonnie K
Seller's Agent
Sharon Rollins
Sotheby's International Realty
Buyer's Agent
Joseph Devarenne
Sotheby's International Realty
List Price
$429,000
Sold Price
$432,000
Premium/Discount to List
$3,000
0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Outstanding Balance
$263,519
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$408,324

Purchase Details

Closed on
Aug 19, 2004
Sold by
Coffee Kevin D and Coffee Kimberly
Bought by
Turner Stephen A and Turner Bonnie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 1998
Sold by
Werner Jay S
Bought by
Coffee Kevin D and Coffee Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.42%

Purchase Details

Closed on
Jul 17, 1997
Sold by
Werner Jay S and Meade Michael
Bought by
Werner Jay S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.61%
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
Waldrop Randall $432,000 None Available
Turner Stephen A -- Fidelity National Title Co
Turner Stephen A $396,000 Security Union Title Insuran
Turner Stephen A $396,000 Security Union Title Insuran
Coffee Kevin D $179,000 Old Republic Title Company
Werner Jay S -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waldrop Randall $345,600
Previous Owner Turner Stephen A $297,000
Previous Owner Coffee Kevin D $159,000
Previous Owner Werner Jay S $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2014 08/27/14 Sold $432,000 +0.7% $392 / Sq Ft
07/19/2014 07/19/14 For Sale $429,000 -- $389 / Sq Ft
Source: The MLS

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 $6,200 $519,188 $326,538 $192,650
2024 $6,200 $509,009 $320,136 $188,873
2023 $6,078 $499,029 $313,859 $185,170
2022 $5,792 $489,245 $307,705 $181,540
2021 $5,718 $479,653 $301,672 $177,981
2019 $5,544 $465,428 $292,725 $172,703
2018 $5,513 $456,303 $286,986 $169,317
2016 $5,262 $438,587 $275,843 $162,744
2015 $5,185 $432,000 $271,700 $160,300
2014 $5,533 $443,600 $315,800 $127,800
Source: Public Records

Agents Affiliated with this Home

  • Sharon Rollins

    Seller's Agent in 2014

    Sharon Rollins

    Sotheby's International Realty

    (818) 515-9333

    4 in this area

    8 Total Sales

    Sharon Rollins
    Section Image
  • Joseph Devarenne

    Buyer's Agent in 2014

    Joseph Devarenne

    Sotheby's International Realty

    (323) 665-1700

    1 in this area

    26 Total Sales

    Joseph Devarenne
    Section Image
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Map

Source: The MLS

MLS Number: 14-779057

The MLS

APN: 2348-007-050

California Los Angeles County Studio City 91607

5400 Simpson Ave Unit 3, Studio City, CA

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