NOT LISTED FOR SALE

5401 Simpson Ave Unit 10 Valley Village, CA 91607

Estimated Value: $570,000 - $876,000

2 Beds
2.5 Baths
1,224 Sq Ft
$564/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $450,000 $368 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,317/month

Highlights

  • Balcony
  • Eat-In Galley Kitchen
  • Ceiling Fan
  • North Hollywood Senior High School Rated A
  • Central Air
  • Carpet

About This Home

As of September 2016

Rear facing corner unit townhouse in Valley Village. Light and bright living room with wood laminate flooring, decorative fireplace and balcony. Galley style kitchen with new appliances and dining area with ceiling fan. Downstairs also features a guest bath and space for a stacking washer/dryer. Upstairs takes you to the 2 spacious bedrooms both with new carpet and paint. Master with lots of windows, vaulted ceiling and a balcony. Quiet gated complex close to studios, metro & Noho Dist.

Last Agent to Sell the Property

Denny Valentine

Keller Williams VIP Properties License #01064845 Listed on: 08/01/2016

Keller Williams VIP Properties

Last Buyer's Agent

Allen Nazarian

Coldwell Banker Hallmark Realty License #01774211

Coldwell Banker Hallmark Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,302

Year Built

  • Built in 1991

Lot Details

  • 9,378 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,224 Sq Ft Home
  • Ceiling Fan
  • Decorative Fireplace
  • Living Room with Fireplace
  • Eat-In Galley Kitchen

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 47402
  • Assessor Parcel Number 2348007071

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,302

Year Built

Built in 1991

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2348007071
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1224.00
  • Interior Amenities: Balcony, Ceiling Fan(s)
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet, Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Decorative, Living Room
  • Levels: Two
  • Price Per Square Foot: 367.65
  • Room Type: All Bedrooms Up, Galley Kitchen, Living Room, Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 175.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 9378.00
  • Price Per Lot Square Foot: 47.88

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 47402

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2016
Closed on
Sep 21, 2016
Sold by
Nazaryan Eleonora
Bought by
Kirakosyan Vache
Seller's Agent
Denny Valentine
Keller Williams VIP Properties
Buyer's Agent
Allen Nazarian
Coldwell Banker Hallmark Realty
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%
Current Estimated Value
$690,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,946
Avg. Annual Appreciation
4.84%
Original Mortgage
$417,000
Outstanding Balance
$332,179
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$358,767

Purchase Details

Listed on
Aug 1, 2016
Closed on
Aug 15, 2016
Sold by
Dli Properties Llc
Bought by
Kirakosyan Vache
Seller's Agent
Denny Valentine
Keller Williams VIP Properties
Buyer's Agent
Allen Nazarian
Coldwell Banker Hallmark Realty
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$332,179
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$358,767

Purchase Details

Closed on
Jun 22, 2016
Sold by
Belcher Aaron
Bought by
Dli Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$332,179
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$358,767

Purchase Details

Closed on
Apr 11, 2006
Sold by
Adams Kenneth R and Adams Thuy Ngan B
Bought by
Belcher Aaron

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
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2003
Sold by
Bui Thuy Ngan Thi
Bought by
Adams Kenneth R and Adams Thuy Ngan B

Purchase Details

Closed on
Oct 3, 2001
Sold by
Shevchuk Sonja
Bought by
Bui Thuy Ngan Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,600
Interest Rate
6.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 2000
Sold by
5401 Valley Village Townhomes Lp
Bought by
Shevchuk Sonja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,075
Interest Rate
8.07%
Mortgage Type
FHA
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
Kirakosyan Vache -- Consumers Title Company
Kirakosyan Vache $450,000 Consumers Title Company
Dli Properties Llc $380,400 None Available
Belcher Aaron $460,000 Old Republic Title
Adams Kenneth R -- --
Bui Thuy Ngan Thi $180,000 California Title Company
Shevchuk Sonja $147,500 Continental Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirakosyan Vache $417,000
Previous Owner Belcher Aaron $368,000
Previous Owner Bui Thuy Ngan Thi $174,600
Previous Owner Shevchuk Sonja $143,075
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2016 09/29/16 Sold $450,000 +0.2% $368 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $449,000 -- $367 / 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 $6,302 $522,256 $334,941 $187,315
2024 $6,302 $512,017 $328,374 $183,643
2023 $6,180 $501,979 $321,936 $180,043
2022 $5,889 $492,137 $315,624 $176,513
2021 $5,814 $482,488 $309,436 $173,052
2019 $5,639 $468,179 $300,259 $167,920
2018 $5,617 $459,000 $294,372 $164,628
2016 $4,991 $410,000 $299,000 $111,000
2015 $4,992 $410,000 $299,000 $111,000
2014 $4,837 $387,600 $282,500 $105,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Denny Valentine

    Keller Williams VIP Properties

    Section Image

  • A

    Buyer's Agent in 2016

    Allen Nazarian

    Coldwell Banker Hallmark Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16168586

California Regional Multiple Listing Service (CRMLS)

APN: 2348-007-071

California Los Angeles County Studio City 91607

5401 Simpson Ave Unit 10, Studio City, CA

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