NOT LISTED FOR SALE

5401 Morella Ave Unit 9 Valley Village, CA 91607

Valley Village Neighborhood

Estimated Value: $726,000 - $896,000

3 Beds
3 Baths
1,717 Sq Ft
$471/Sq Ft Est. Value

Last Sold March 09, 2023

Last sale price $755,000 $440 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,595/month

8 Days on Market

Highlights

  • No Units Above
  • Multi-Level Bedroom
  • Side by Side Parking
  • North Hollywood Senior High School Rated A
  • 2 Car Attached Garage
  • Controlled Access

About This Home

As of March 2023

FALL IN LOVE with Valley Village Living. This stunning 3 bed / 3 bath / 1717 sq ft tri-level townhouse sits as a corner end-unit and offers abundant natural light and a well designed layout. The main level boasts a half bath, gorgeous hardwood floors, an open concept living & dining room, fireplace, recessed lighting and seamless flow to a true Chef’s kitchen featuring stainless steel appliances, tasteful tile work and ample counter and storage space. The second level features two generous bedrooms and an impressive full bathroom complete with soaker tub and dual sink vanity. Upstairs, a spacious primary suite offers an expansive floorplan, walk in closet, additional closet and a beautiful en suite bathroom with oversized tub and walk in shower as well as stackable laundry closet. This well maintained 10 unit building was built in 2009, comes with two side by side parking spaces, additional storage lockers and is centrally located near freeways, the NOHO West development and Valley Village shops and restaurants. Welcome Home.

Last Agent to Sell the Property

Brad Gilboe

Exp Realty of California Inc. License #01957502 Listed on: 01/10/2023

Exp Realty of California Inc.

Last Buyer's Agent

Karen Moore

Real Broker License #02007496

Real Broker

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,367

Year Built

  • Built in 2009

Lot Details

  • 9,391 Sq Ft Lot
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Density is 6-10 Units/Acre

HOA Fees

  • $415 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side by Side Parking
  • Assigned Parking
  • Community Parking Structure

Interior Spaces

  • 1,717 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Multi-Level Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • Urban Location
  • Central Air

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 64193
  • Assessor Parcel Number 2348010039
  • $180 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 10 Units
  • Valli Villas HOA, Phone Number (310) 444-7444
  • Allstate HOA
  • Maintained Community

Security

  • Controlled Access

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,367

Year Built

Built in 2009

Lot Details

0

HOA Fees

$415 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Other Phone Description: Assistant
  • Other Phone Number: 8185316515
  • Property Attached: Yes
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2348010039
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1717.00 Square Feet
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 439.72
  • Room Type: Multi-Level Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 753
  • Amenities: Earthquake Insurance, Insurance, Maintenance Grounds, Trash, Sewer, Controlled Access
  • Association Fee: 415.00
  • Association Fee Frequency: Monthly
  • Association Name: VALLI VILLAS HOA
  • Phone: 310-444-7444
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Allstate

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 9391.00
  • Lot Size Acres: 0.2156

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9391.0000 Square Feet
  • Number Of Units In Community: 10
  • Number Of Units Total: 10

Tax Info

  • Tax Census Tract: 1251.01
  • Tax Lot: 1
  • Tax Tract Number: 64193
  • TaxOtherAnnualAssessmentAmount: 180.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Jan 30, 2023
Sold by
Chang Yani
Bought by
Proctor Adam and Calderon Nicole
Seller's Agent
Brad Gilboe
Exp Realty of California Inc.
Buyer's Agent
Karen Moore
Real Broker
List Price
$749,000
Sold Price
$755,000
Premium/Discount to List
$6,000
0.8%
Views
59
Current Estimated Value
$808,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,918
Avg. Annual Appreciation
2.83%
Original Mortgage
$705,000
Outstanding Balance
$680,244
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$128,674

Purchase Details

Closed on
Jul 24, 2009
Sold by
Brosix Corporation
Bought by
Chang Yani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2005
Sold by
5401 Morella Development Inc
Bought by
Brosix Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2004
Sold by
Suman Gilad
Bought by
5401 Morella Development Inc
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
Proctor Adam $755,000 Chicago Title Company
Chang Yani $460,000 Chicago Title Company
Brosix Corp $990,000 Alliance Title Company
5401 Morella Development Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Proctor Adam $705,000
Previous Owner Chang Yani $289,482
Previous Owner Chang Yani $368,000
Previous Owner Brosix Corp $490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2023 03/09/23 Sold $755,000 +0.8% $440 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $749,000 -- $436 / 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 $9,367 $785,501 $500,952 $284,549
2024 $9,367 $770,100 $491,130 $278,970
2023 $7,056 $570,709 $399,498 $171,211
2022 $6,724 $559,519 $391,665 $167,854
2021 $6,636 $548,549 $383,986 $164,563
2019 $6,435 $532,281 $372,598 $159,683
2018 $6,402 $521,845 $365,293 $156,552
2016 $6,110 $501,583 $351,109 $150,474
2015 $6,021 $494,050 $345,836 $148,214
2014 $6,043 $484,373 $339,062 $145,311
Source: Public Records

Agents Affiliated with this Home

  • Brad Gilboe

    Seller's Agent in 2023

    Brad Gilboe

    Exp Realty of California Inc.

    (818) 632-2296

    3 in this area

    151 Total Sales

    Brad Gilboe
    Section Image

  • K

    Buyer's Agent in 2023

    Karen Moore

    Real Broker

    (323) 746-9946

    1 in this area

    27 Total Sales

    Karen Moore
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB23000513

California Regional Multiple Listing Service (CRMLS)

APN: 2348-010-039

California Los Angeles County Valley Village 91607 Valley Village

5401 Morella Ave Unit 9, Valley Village, CA

This home is located at 5401 Morella Ave Unit 9, Valley Village, CA 91607 since 10 January 2023 and is currently estimated at $808,918, approximately $471 per square foot. This property was built in 2009. 5401 Morella Ave Unit 9 is a home located in Los Angeles County with nearby schools including Burbank Boulevard Elementary, Walter Reed Middle, and North Hollywood Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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