NOT LISTED FOR SALE

5506 Salerno Dr Westlake Village, CA 91362

Estimated Value: $1,087,000 - $1,241,466

3 Beds
2.5 Baths
1,569 Sq Ft
$732/Sq Ft Est. Value

Last Sold June 04, 2015

Last sale price $610,000 $389 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $6,983/month

74 Days on Market

Highlights

  • In Ground Spa
  • Primary Bedroom Suite
  • 1.04 Acre Lot
  • White Oak Elementary School Rated A
  • Gated Community
  • 2-minute walk to Russell Ranch Park

About This Home

As of June 2015

Recently updated to the look of today. Located in the gated community of Renaissance, this home features 3 bedrooms plus a loft and 2.5 baths. As you enter you will see lovely hardwood floors and a living room accented by a fireplace. The formal dining room also has hardwood floors and a sliding door allowing light and tranquility from the patio and garden. The kitchen has new granite and updated stainless appliances. The new sink and faucet are a wonderful feature as the sink is a type similar to a farmers sink. The master bedroom has a large oversized walk-in closet and private bath. The laundry is located upstairs where all the dirty clothes are (how convenient). There is a double attached garage with direct access to the home. Within the community there is a pool and playground. The community is within the Las Virgenes School district and walking distance to parks, shopping and restaurants. Price reduced for quick sale.

Last Agent to Sell the Property

Ann Bernstein

Sothebys International Realty License #01440602 Listed on: 02/19/2015

Sothebys International Realty

Last Buyer's Agent

Dutch Markgraf

Pinnacle Estate Properties, Inc. License #01371925

Pinnacle Estate Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,369

Year Built

  • Built in 1997

Lot Details

  • 1.04 Acre Lot
  • Back and Front Yard

HOA Fees

  • $78 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,569 Sq Ft Home
  • High Ceiling
  • Family Room
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Pool

  • In Ground Spa
  • Gunite Pool

Outdoor Features

  • Slab Porch or Patio

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 8001
  • Tax Tract Number 51985
  • Assessor Parcel Number 2054034064

Community Details

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Additional Features

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,369

Year Built

Built in 1997

Lot Details

0

HOA Fees

$78 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community
  • Subdivision Name Other: Renaissance (798)
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2054034064
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1569.00
  • Interior Amenities: Granite Counters, High Ceilings
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 388.78
  • Room Type: All Bedrooms Up, Family Room, Master Suite, Walk-In Closet
  • Spa Features: In Ground

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Patio And Porch Features: Slab
  • Pool Features: Community, Gunite
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Water Heater
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground, Pool, Spa/Hot Tub
  • Association Fee: 78.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 45358.00
  • Lot Size Acres: 1.0410

Multi Family

  • Lease Considered: No
  • Lot Size Area: 45358.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 8001
  • Tax Tract Number: 51985

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2015
Closed on
May 20, 2015
Sold by
Barabe Donna and Hyland Christine M
Bought by
Reyes Salvador A and Reyes Isabel C
Seller's Agent
Ann Bernstein
Sothebys International Realty
Buyer's Agent
Dutch Markgraf
Pinnacle Estate Properties, Inc.
List Price
$635,000
Sold Price
$610,000
Premium/Discount to List
-$25,000
-3.94%
Current Estimated Value
$1,148,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$538,117
Avg. Annual Appreciation
6.37%
Original Mortgage
$598,951
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2005
Sold by
Barabe Donna and The Barabe Family Trust
Bought by
Barabe Donna and Hyland Christine M

Purchase Details

Closed on
Dec 29, 1997
Sold by
Western Pacific Housing Westlake Ii Lp
Bought by
Barabe Nicholas H and Barabe Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.16%
Source: Public Records

Range of Values:

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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
Reyes Salvador A $610,000 Fidelity National Title Co
Barabe Donna -- --
Barabe Nicholas H $232,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Salvador A $572,989
Closed Reyes Salvador A $603,250
Closed Reyes Salvador A $598,951
Previous Owner Barabe Nicholas H $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2015 06/04/15 Sold $610,000 -3.9% $389 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
02/19/2015 02/19/15 For Sale $635,000 -- $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 $8,369 $733,119 $421,243 $311,876
2024 $8,369 $718,745 $412,984 $305,761
2023 $8,221 $704,653 $404,887 $299,766
2022 $7,970 $690,838 $396,949 $293,889
2021 $7,956 $677,293 $389,166 $288,127
2019 $7,688 $657,206 $377,624 $279,582
2018 $7,630 $644,320 $370,220 $274,100
2016 $7,240 $619,302 $355,845 $263,457
2015 $3,773 $308,221 $123,288 $184,933
2014 -- $302,184 $120,873 $181,311
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15035397

California Regional Multiple Listing Service (CRMLS)

APN: 2054-034-064