NOT LISTED FOR SALE

5516 Fulton Ave Sherman Oaks, CA 91401

Estimated Value: $1,391,916 - $1,527,000

4 Beds
2 Baths
1,700 Sq Ft
$863/Sq Ft Est. Value

Last Sold January 11, 2024

Last sale price $1,400,000 $824 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,509/month

38 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • Ulysses S. Grant Senior High School Rated A-
  • Private Yard
  • Beamed Ceilings

About This Home

As of January 2024

Excellent opportunity to own this lovely home with the potential to redesign the back structure into a guest house on a 14,788 sq. lot. This spacious 4 bedroom, 2 bath home in the heart of Sherman Oaks offers a modern privacy metal slat/concrete fence and a large driveway pad with a roundabout possibility. The covered entry porch leads to an inviting living room with a brick fireplace, beam ceilings, bay windows, and beautiful wood flooring. The galley kitchen has custom cabinets, granite countertops, a pass-through counter to the dining room, and an eat-in area. The most recent upgrades included a newer roof (40-year roof installed in 2020), tankless water heater, central HVAC, backyard pavers, security fence perimeter with electric gate, and back perimeter fencing (sectioning off the front house from the back yard), back security gate and fully enclosed private front/backyard. A dedicated laundry area and storage room/office space have a separate entrance, with access to the 2nd bathroom and bedroom. Please do not let this opportunity pass you by. The possibilities are endless!

Last Agent to Sell the Property

Janette Ledea

Re/Max Tri-City Realty License #01480942 Listed on: 10/23/2023

Re/Max Tri-City Realty

Last Buyer's Agent

Gevorg Antaplyan

JohnHart Real Estate License #01268925

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,773

Year Built

  • Built in 1941

Lot Details

  • 0.34 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Drip System Landscaping
  • Sprinkler System
  • Private Yard
  • Front Yard
  • Property is zoned LARE11

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors
  • Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Recessed Lighting
  • Living Room with Fireplace
  • Storage
  • Laundry Room

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 89
  • Tax Tract Number 1000
  • Assessor Parcel Number 2345001013
  • $540 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,773

Year Built

Built in 1941

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LARE11
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2345001013
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1700.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Recessed Lighting, Storage
  • Stories: 1
  • Entry Location: Ground
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 823.53
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 10000-19999 Sqft, Level, Sprinklers Drip System, Yard
  • Lot Size Sq Ft: 14744.00
  • Lot Size Acres: 0.3385

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14744.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1245.00
  • Tax Lot: 89
  • Tax Tract Number: 1000
  • TaxOtherAnnualAssessmentAmount: 540.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Jan 5, 2024
Sold by
Hovhannisyan Karlos
Bought by
Galstyan Anna
Seller's Agent
Janette Ledea
Re/Max Tri-City Realty
Buyer's Agent
Gevorg Antaplyan
JohnHart Real Estate
List Price
$1,399,000
Sold Price
$1,400,000
Premium/Discount to List
$1,000
0.07%
Total Days on Market
38
Views
390
Current Estimated Value
$1,466,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,979
Avg. Annual Appreciation
3.35%
Original Mortgage
$1,120,000
Outstanding Balance
$1,105,284
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$361,695

Purchase Details

Listed on
Oct 23, 2023
Closed on
Dec 3, 2023
Sold by
Hill Elizabeth Hagianakes
Bought by
Galstyan Anna
Seller's Agent
Janette Ledea
Re/Max Tri-City Realty
Buyer's Agent
Gevorg Antaplyan
JohnHart Real Estate
List Price
$1,399,000
Sold Price
$1,400,000
Premium/Discount to List
$1,000
0.07%
Views
390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Outstanding Balance
$1,105,284
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$361,695

Purchase Details

Closed on
Apr 2, 2012
Sold by
Hill Charles R
Bought by
Hill Elizabeth Hagianakes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,282
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2003
Sold by
Hill Charles R
Bought by
Hill Charles R and Hill Elizabeth Hagianakes

Purchase Details

Closed on
Jul 19, 2001
Sold by
Hill Elizabeth H
Bought by
Hill Charles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.5%

Purchase Details

Closed on
Apr 7, 2000
Sold by
Hill Charles R
Bought by
Hill Charles R and Hill Elizabeth H

Purchase Details

Closed on
Jun 22, 1998
Sold by
Yocum Mary J
Bought by
Hill Charles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
6.93%
Source: Public Records

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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
Galstyan Anna -- Fidelity National Title
Galstyan Anna $1,400,000 Fidelity National Title
Hill Elizabeth Hagianakes -- Servicelink
Hill Charles R -- Chicago Title Co
Hill Charles R -- United Title Company
Hill Charles R -- --
Hill Charles R $175,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galstyan Anna $1,120,000
Previous Owner Hill Elizabeth Hagianakes $373,282
Previous Owner Hill Charles R $382,125
Previous Owner Hill Charles R $322,400
Previous Owner Hill Charles R $315,000
Previous Owner Hill Charles R $223,520
Previous Owner Hill Charles R $250,000
Previous Owner Hill Charles R $250,000
Previous Owner Hill Charles R $200,000
Previous Owner Hill Charles R $166,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2024 01/11/24 Sold $1,400,000 +0.1% $824 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $1,399,000 -- $823 / 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
2024 $3,773 $268,946 $230,534 $38,412
2023 $3,709 $263,673 $226,014 $37,659
2022 $3,553 $258,504 $221,583 $36,921
2021 $3,506 $253,437 $217,239 $36,198
2019 $3,412 $245,922 $210,797 $35,125
2018 $3,229 $241,101 $206,664 $34,437
2016 $3,079 $231,740 $198,640 $33,100
2015 $3,037 $228,260 $195,657 $32,603
2014 $3,059 $223,790 $191,825 $31,965
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23197174

California Regional Multiple Listing Service (CRMLS)

APN: 2345-001-013