NOT LISTED FOR SALE

5401 Simpson Ave Unit 1 Valley Village, CA 91607

Estimated Value: $581,000 - $872,000

2 Beds
3 Baths
1,182 Sq Ft
$175/mo HOA Fee

Last Sold June 30, 2017

Last sale price $479,000 $405 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,332/month

Highlights

  • Two Primary Bedrooms
  • Community Pool
  • Subterranean Parking
  • North Hollywood Senior High School Rated A
  • Living Room Balcony
  • Laundry Room

About This Home

As of June 2017

Great Private Condo; conveniently situated in Valley Village near all major freeways, public transportation including the orange line, shopping and places of worship. This unit has its own gated entrance and personal patio, including a small balcony of one of the 2 master suites upstairs...This 2 story (subterranean parking) condo has a spacious floor plan with a vaulted ceiling living room/dining room combo and kitchen/breakfast bar. Unit includes washer dryer (in the unit), all kitchen appliances including refrigerator...lush landscaping taken care of by the association makes this a perfect 10 !!!!!

Last Agent to Sell the Property

William Barnett

Barnett & Associates License #01786614 Listed on: 04/27/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,695

Year Built

  • Built in 1991

Lot Details

  • No Units Located Below
  • 1 Common Wall
  • Garden

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Interior Spaces

  • 1,182 Sq Ft Home
  • Living Room with Fireplace
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Living Room Balcony

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 47402
  • Assessor Parcel Number 2348007062

Community Details

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,695

Year Built

Built in 1991

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2348007062
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1182.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony
  • Common Walls: 1 Common Wall, No One Below
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 405.25
  • Room Type: All Bedrooms Up, Living Room, Two Masters

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Sewer: Other, Unknown
  • Water Source: Other
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly
  • Association Fee: 175.00
  • Association Fee Frequency: Monthly
  • Association Name: 5401
  • Phone: 8
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden
  • Lot Size Sq Ft: 9378.00

Multi Family

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

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 47402

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2017
Closed on
Jun 22, 2017
Sold by
Ballew Eric W
Bought by
Valenton Roberto and Valenton Evelyn
Seller's Agent
William Barnett
Barnett & Associates
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$479,000
Sold Price
$479,000
Current Estimated Value
$687,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,476
Avg. Annual Appreciation
4.43%
Original Mortgage
$383,200
Outstanding Balance
$318,742
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$368,734

Purchase Details

Closed on
Apr 30, 2013
Sold by
Ballew Eric W and Ballew Lesley
Bought by
Ballew Eric W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,300
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2004
Sold by
Chimayan Mher
Bought by
Ballew Eric W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2000
Sold by
5401 Valley Village Townhomes Lp
Bought by
Chimayan Mher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.2%
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
Valenton Roberto $479,000 Chicago Title Company
Ballew Eric W -- Servicelink
Ballew Eric W $350,000 First Southwestern Title Co
Chimayan Mher $157,000 Continental Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valenton Roberto $383,200
Previous Owner Ballew Eric W $179,300
Previous Owner Ballew Eric W $150,000
Previous Owner Chimayan Mher $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $479,000 0.0% $405 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $479,000 -- $405 / 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 $6,695 $555,913 $376,839 $179,074
2024 $6,695 $545,013 $369,450 $175,563
2023 $6,565 $534,327 $362,206 $172,121
2022 $6,256 $523,851 $355,104 $168,747
2021 $6,177 $513,581 $348,142 $165,439
2019 $5,991 $498,350 $337,817 $160,533
2018 $5,968 $488,580 $331,194 $157,386
2016 $4,882 $408,000 $288,000 $120,000
2015 $4,883 $408,000 $288,000 $120,000
2014 $4,717 $384,900 $271,900 $113,000
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2017

    William Barnett

    Barnett & Associates

  • N

    Buyer's Agent in 2017

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    7 in this area

    6,003 Total Sales

    NoEmail NoEmail
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17090911

California Regional Multiple Listing Service (CRMLS)

APN: 2348-007-062

California Los Angeles County Studio City 91607

5401 Simpson Ave Unit 1, Studio City, CA

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