NOT LISTED FOR SALE

5521 Kester Ave Unit 7 Sherman Oaks, CA 91411

Estimated Value: $870,000 - $1,022,000

3 Beds
4 Baths
1,900 Sq Ft
$348/mo HOA Fee

Last Sold October 07, 2021

Last sale price $805,000 $424 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,291/month

5 Days on Market

Highlights

  • Gated Community
  • 0.72 Acre Lot
  • Mediterranean Architecture
  • Kester Avenue Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • End Unit

About This Home

As of October 2021

Rare opportunity to own an end unit townhouse (at the back of the complex) with direct entry gated parking, an expansive 4 level floor plan, your own roof deck with valley and mountain views (plus a master balcony), with tons of storage, all in Sherman Oaks! This exceptional home features 3 bedrooms and 4 baths, including a master suite. The bottom level features direct access to 2 secured side x side parking spaces, a powder room, laundry, and a large home office or den or playroom or screening room or whatever you can imagine! Up one level is your main entry, spacious and bright living room, dining area, powder room, and remodeled kitchen with a breakfast bar and built-in beverage fridge. There's also a pantry and utility closet. Up another level are 2 guest bedrooms and a lovely guest bath, plus a large master suite with vaulted ceilings, skylight, balcony, walk-in closet with a built-in safe, and an ensuite bath featuring a jetted tub and separate shower. Up one more level is a utility room with a large amount of storage and a roof deck with valley and mountain views. Dual zone HVAC, stainless steel appliances, LED lighting, beautiful high-quality flooring, quartz countertops and upgraded fixtures are just a few of the extras that make this an exceptional value. Close to restaurants, shopping, parks, and easy freeway access. The unit is at the back of the complex, not sited on a busy street. HOA covers trash and exterior maintenance, including landscaping, cleaning, lighting, roof. Don't miss this one!

Last Agent to Sell the Property

Benjamin Paine

Foster Douglas License #01758141 Listed on: 09/16/2021

Last Buyer's Agent

Randa Ramia

Coldwell Banker Realty License #01984289

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,595

Year Built

  • Built in 2008 | Remodeled

Lot Details

  • End Unit
  • Gated Home

HOA Fees

  • $348 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Garage Space
  • Controlled Entrance

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 1,900 Sq Ft Home
  • Sliding Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Den
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2250-016-050

Community Details

Overview

  • 24 Units
  • HOA Organizers, Inc. Association

Amenities

  • Community Mailbox

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,595

Year Built

Built in 2008 | Remodeled

Lot Details

0

HOA Fees

$348 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mediterranean
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Placita de Oro
  • Entry Floor: 1
  • Living Area: 1900
  • Lot Acreage: 0.7201
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 1
  • Year Built: 2008
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Remote Controls: 2
  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Mixed
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 1
  • Half Bathroom: 2
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Washer, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 399.47

Exterior Features

  • Other Features: Balcony, End Unit, Sliding Glass Doors
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Community Garage, Direct Entrance, Controlled Entrance
  • Total Parking: 2

Utilities

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

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Assoc Maintains Landscape, Gated Community, Controlled Access
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 348.39
  • Management Company: HOA Organizers, Inc.
  • Mgmt Co Phone: 8187783331|
  • HOA: Yes
  • Unit Location: End

Lot Info

  • Horses: No
  • Assessor Parcel Number: 2250-016-050
  • Lot Size Area: 31369

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2022
Sold by
Amber Charlton
Bought by
Shaw James and Shaw Donna
Current Estimated Value
$924,240

Purchase Details

Listed on
Sep 16, 2021
Closed on
Sep 28, 2021
Sold by
Hirata Kevin and Hirata Allison Emi
Bought by
Charlton Amber
Seller's Agent
Benjamin Paine
Foster Douglas
Buyer's Agent
Randa Ramia
Coldwell Banker Realty
List Price
$759,000
Sold Price
$805,000
Premium/Discount to List
$46,000
6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%

Purchase Details

Closed on
May 22, 2019
Sold by
Hirata Kevin K and Hirata Allison E
Bought by
Hirata Kevin and Hirata Allison Emi

Purchase Details

Listed on
Jul 5, 2016
Closed on
Jul 8, 2016
Sold by
Liu Jesse Yu Che
Bought by
Hirata Kevin K and Hirata Allison E
Seller's Agent
Jacqueline Chase
Coldwell Banker Realty
Buyer's Agent
Benjamin Paine
Foster Douglas
List Price
$635,000
Sold Price
$622,000
Premium/Discount to List
-$13,000
-2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%
Original Mortgage
$559,800
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2010
Sold by
Builders Bank
Bought by
Liu Jesse Yu Che

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,750
Interest Rate
4.33%
Mortgage Type
New Conventional
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
Shaw James $850,000 Priority Title
Charlton Amber $805,000 Ticor Title Company Of Ca
Hirata Kevin -- Pacific Coast Title
Hirata Kevin K $622,000 Western Resources Title Co
Liu Jesse Yu Che $469,000 Lawyers Title Company 81
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hirata Kevin K $559,800
Previous Owner Liu Jesse Yu Che $342,700
Previous Owner Liu Jesse Yu Che $351,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold $805,000 +6.1% $424 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $759,000 +22.0% $399 / Sq Ft
08/19/2016 08/19/16 Sold $622,000 -2.0% $327 / Sq Ft
07/05/2016 07/05/16 For Sale $635,000 0.0% $334 / Sq Ft
07/01/2014 07/01/14 Rented $2,995 -9.1% --
07/01/2014 07/01/14 Under Contract -- -- --
05/18/2014 05/18/14 For Rent $3,295 -- --
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 $10,595 $884,339 $558,382 $325,957
2024 $10,595 $867,000 $547,434 $319,566
2023 $10,388 $850,000 $536,700 $313,300
2022 $9,569 $805,000 $536,000 $269,000
2021 $7,930 $666,908 $414,298 $252,610
2019 $7,688 $647,128 $402,010 $245,118
2018 $7,644 $634,440 $394,128 $240,312
2016 $6,162 $507,576 $178,572 $329,004
2015 $6,072 $499,953 $175,890 $324,063
2014 $6,094 $490,161 $172,445 $317,716
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-782232

The MLS

APN: 2250-016-050