NOT LISTED FOR SALE

5437 Willis Ave Sherman Oaks, CA 91411

Estimated Value: $1,201,158 - $1,316,000

3 Beds
2 Baths
1,538 Sq Ft
$814/Sq Ft Est. Value

Last Sold March 26, 2014

Last sale price $590,000 $384 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $7,273/month

8 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Traditional Architecture
  • Bonus Room
  • Kester Avenue Elementary School Rated A
  • Wood Flooring
  • Furnished

About This Home

As of March 2014

Absolutely, Charming One Story w/a Detached Garage and Fabulous Rear Yard! This home offers hardwood flooring from the entry throughout the living room and dining area, a three sided, slate trimmed fireplace open from the living room to the family room, a galley style kitchen (remodeled from original) with a laundry area near the rear door, three bedrooms, one with a custom oak built-in showcasing drawers and shelves, the second with closet organizers, and the master at the rear of the house with it's own bath complete with dual sinks, a separate shower and a jetted tub w/custom tile surround. Upgrades throughout include Pella windows and sliding doors, smooth ceilings, recessed lighting, some freshly painted rooms and hallway, custom tile flooring in the kitchen and baths and plush, low pile carpeting, mostly copper piping, a huge detached, trellised (covered) patio that is detached, but abbuts the house, a custom fountain (in patio area) a storage cabinet w/a trash compactor, a room off the garage for storage or a potential studio/home office, professionally landscaped rear yard and a front yard enclosed with a custom slump stone and wrought iron fence. A must see for the discerning buyer!

Last Agent to Sell the Property

Joyce Blackburn

Berkshire Hathaway HomeService License #01043652 Listed on: 01/11/2014

Berkshire Hathaway HomeService

Last Buyer's Agent

Unknown Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6,248 Sq Ft Lot
  • Stone Wall
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Lawn
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Additions or Alterations
  • Raised Foundation
  • Composition Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,538 Sq Ft Home
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Plantation Shutters
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Additional Features

  • Low Pile Carpeting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 11828
  • Assessor Parcel Number 2249026005

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Refrigerator in kitchen
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Architectural Style: Traditional
  • Property Condition: Additions/Alterations
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2249026005
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1538.00
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Furnished, Copper Plumbing Partial, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: Low Pile Carpeting
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Living Room
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Price Per Square Foot: 383.62
  • Room Type: All Bedrooms Down, Bonus Room, Galley Kitchen
  • Window Features: Blinds, Drapes, Plantation Shutters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block, Stone, Wrought Iron
  • Patio And Porch Features: Covered, Front Porch, Slab
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: No
  • Parking Features: Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Sprinklers In Front, Sprinklers In Rear, Sprinkler System
  • Lot Size Sq Ft: 6248.00
  • Lot Size Acres: 0.1430

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6248.0000 Square Feet
  • Number Of Units In Community: 100

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 11828

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2014
Closed on
Mar 10, 2014
Sold by
Willette Jeffrey
Bought by
Nastad Heum Ola Johan and Heum Sara
Seller's Agent
Joyce Blackburn
Berkshire Hathaway HomeService
Buyer's Agent
Unknown Member
List Price
$600,000
Sold Price
$590,000
Premium/Discount to List
-$10,000
-1.67%
Current Estimated Value
$1,252,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,540
Avg. Annual Appreciation
6.59%
Original Mortgage
$531,000
Outstanding Balance
$401,099
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$851,441

Purchase Details

Closed on
Jun 30, 2005
Sold by
Schaerf Robena J and Robena J Schaerf 1991 Living T
Bought by
Willette Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 19, 2004
Sold by
Schaerf Robena J
Bought by
Schaerf Robena J and Robena J Schaerf 1991 Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
1.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2003
Sold by
Schaerf Robena J
Bought by
Schaerf Robena J and Robena J Schaerf 1991 Living Trust

Purchase Details

Closed on
May 1, 2001
Sold by
Johnston Owen and Johnston Bridget Bernell
Bought by
Schaerf Robena J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.06%

Purchase Details

Closed on
Jan 12, 1995
Sold by
Schorr Sam and Fink Sydney
Bought by
Johnston Ii Owen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,800
Interest Rate
9.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nastad Heum Ola Johan $590,000 First American Title Company
Willette Jeffrey $700,000 --
Schaerf Robena J -- First American Title Ins Co
Schaerf Robena J -- First American Title
Schaerf Robena J -- --
Schaerf Robena J $330,000 First American Title Co
Johnston Ii Owen $223,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nastad Heum Ola Johan $531,000
Previous Owner Willette Jeffrey $560,000
Previous Owner Schaerf Robena J $375,000
Previous Owner Schaerf Robena J $264,000
Previous Owner Johnston Ii Owen $178,800
Closed Schaerf Robena J $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2014 03/26/14 Sold $590,000 -1.7% $384 / Sq Ft
01/19/2014 01/19/14 Pending -- -- --
01/11/2014 01/11/14 For Sale $600,000 -- $390 / 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 $8,688 $723,247 $578,601 $144,646
2024 $8,688 $709,066 $567,256 $141,810
2023 $8,519 $695,164 $556,134 $139,030
2022 $8,121 $681,534 $545,230 $136,304
2021 $8,018 $668,172 $534,540 $133,632
2019 $7,776 $648,355 $518,686 $129,669
2018 $7,693 $635,643 $508,516 $127,127
2016 $7,346 $610,963 $488,771 $122,192
2015 $7,238 $601,787 $481,430 $120,357
2014 $5,875 $476,000 $360,000 $116,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14008319

California Regional Multiple Listing Service (CRMLS)

APN: 2249-026-005