NOT LISTED FOR SALE

5521 Kester Ave Unit 1 Sherman Oaks, CA 91411

Estimated Value: $869,000 - $1,184,000

3 Beds
4 Baths
1,800 Sq Ft
$564/Sq Ft Est. Value

Last Sold March 27, 2024

Last sale price $1,028,000 $571 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,577/month

Highlights

  • Rooftop Deck
  • Gated Parking
  • City View
  • Kester Avenue Elementary School Rated A-
  • Gated Community
  • 0.72 Acre Lot

About This Home

As of March 2024

FOR COMP PURPOSES. SOLD BEFORE PROCESSING.

Last Agent to Sell the Property

Adrienne Herkes

The Agency License #02074276 Listed on: 03/27/2024

The Agency

Co-Listed By

Michelle Schwartz

The Agency License #01889141

Last Buyer's Agent

Camden Whitfield

Equity Union License #01992981

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,678

Year Built

  • Built in 2008 | Remodeled

Lot Details

  • 0.72

HOA Fees

  • $386 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Gated Parking
  • Parking Garage Space

Home Design

  • Traditional Architecture
  • Split Level Home
  • Entry on the 1st floor

Interior Spaces

  • 1,800 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • City Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck
  • Open Patio

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2250-016-044

Community Details

Overview

  • 24 Units

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,678

Year Built

Built in 2008 | Remodeled

Lot Details

0

HOA Fees

$386 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Traditional
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: Placito De Oro HOA
  • Entry Floor: 1
  • Living Area: 1800
  • Lot Acreage: 0.7203
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 2008
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Tile, Engineered Hardwood
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 2
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: In Closet
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Refrigerator, Range/Oven, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 571.11

Exterior Features

  • Patio: Roof Top Deck
  • Pool: No
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Community Garage, Garage Is Attached, Gated Underground
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Gated Community
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 386.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2250-016-044
  • Lot Size Area: 31378

Multi Family

  • Number Of Units: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Feb 14, 2024
Sold by
Mazlin Zachary and Mazlin Limor
Bought by
Loncar Diana
Seller's Agent
Adrienne Herkes
The Agency
Buyer's Agent
Camden Whitfield
Equity Union
List Price
$1,028,000
Sold Price
$1,028,000
Views
6
Current Estimated Value
$1,015,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,455
Avg. Annual Appreciation
-0.80%
Original Mortgage
$766,500
Outstanding Balance
$753,355
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$262,190

Purchase Details

Listed on
Jun 22, 2020
Closed on
Jul 7, 2020
Sold by
Mateko Jerry and Mateko Lynn
Bought by
Mazlin Zachary and Mazlin Limor
Seller's Agent
Collin Johnson
RE/MAX One
List Price
$749,950
Sold Price
$745,000
Premium/Discount to List
-$4,950
-0.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$596,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2017
Closed on
Mar 7, 2017
Sold by
Ho Jennie and Cates Patrick
Bought by
Mateko Jerry and Mateko Lynn
Seller's Agent
Kimberly Finley
Keller Williams Beverly Hills
Buyer's Agent
Out Side Agent
Out Side Broker Office
List Price
$619,000
Sold Price
$599,000
Premium/Discount to List
-$20,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$479,200
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 15, 2014
Sold by
Makdesi Lina
Bought by
Ho Jennie and Cates Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,600
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2011
Sold by
Builders Bank
Bought by
Makdesi Lina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,292
Interest Rate
3.25%
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
Loncar Diana $1,028,000 Socal Title Company
Mazlin Zachary $745,000 Fidelity National Title Co
Mateko Jerry $599,000 Fidelity National Title
Ho Jennie $544,000 Fntic-Ie
Makdesi Lina $429,000 Lawyers Title Company 81
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loncar Diana $766,500
Previous Owner Mazlin Zachary $596,000
Previous Owner Mateko Jerry $479,200
Previous Owner Ho Jennie $489,600
Previous Owner Makdesi Lina $407,292
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2024 03/27/24 Sold $1,028,000 0.0% $571 / Sq Ft
03/27/2024 03/27/24 For Sale $1,028,000 +38.0% $571 / Sq Ft
08/04/2020 08/04/20 Sold $745,000 -0.7% $414 / Sq Ft
06/22/2020 06/22/20 For Sale $749,950 +25.2% $417 / Sq Ft
04/07/2017 04/07/17 Sold $599,000 0.0% $333 / Sq Ft
02/26/2017 02/26/17 Pending -- -- --
02/02/2017 02/02/17 Price Changed $599,000 -3.2% $333 / Sq Ft
01/06/2017 01/06/17 For Sale $619,000 +13.8% $344 / Sq Ft
03/19/2014 03/19/14 Sold $544,000 -2.7% $302 / Sq Ft
12/30/2013 12/30/13 Pending -- -- --
11/14/2013 11/14/13 For Sale $559,000 -- $311 / Sq Ft
Source: The MLS

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 $9,678 $1,048,560 $733,584 $314,976
2024 $9,678 $790,598 $522,219 $268,379
2023 $9,490 $775,097 $511,980 $263,117
2022 $9,043 $759,900 $501,942 $257,958
2021 $8,930 $745,000 $492,100 $252,900
2020 $7,716 $635,662 $387,553 $248,109
2019 $7,407 $623,199 $379,954 $243,245
2018 $7,447 $610,980 $372,504 $238,476
2016 $6,826 $563,328 $337,790 $225,538
2015 $6,726 $554,868 $332,717 $222,151
2014 $5,393 $439,565 $233,205 $206,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-372596

The MLS

APN: 2250-016-044