Seller's Agent in 2024
Michael Okun
Sotheby's International Realty
(818) 415-1819
24 in this area
183 Total Sales
5529 Ranchito Ave Sherman Oaks, CA 91401
Estimated Value: $2,792,000 - $3,507,000
5
Beds
5.5
Baths
4,812
Sq Ft
$674/Sq Ft
Est. Value
Highlights
- Projection Room
- Pool House
- Gourmet Kitchen
- Chandler Elementary Rated A-
- New Construction
- Primary Bedroom Suite
About This Home
As of October 2024Presenting a masterful 2024 architectural evolution and visionary design of the acclaimed modern American farmhouse in Sherman Oaks. Integrating current trends with timeless style; simple pleasures with ultimate luxury. A building achievement beyond compare with no expense spared, no detail overlooked. The exterior presents clean lines and core elements that lend character and unpretentious beauty. Light, open and quietly spectacular, vast interior spaces are the epitome of sleek and chic; simultaneously casual and elegant with only the finest quality finishes and rich, organic elements selected. Elaborate baths feature the latest on trend designs in finishes. The kitchen is a peerless, bespoke open concept culinary center for the adventurous at home chef. Opening to the great room it becomes the perfect gathering place for friends and family. With an emphasis on the luxury lifestyle, the outdoor space defines Southern California as disappearing walls of glass reveal a spectacular backyard retreat and resort. Replete with outdoor BBQ, lounging patios, ensuite cabana and expansive pool and spa with Baja shelf, it's the quintessential venue for warm, relaxed poolside lounging by day, cool gatherings and lavish entertaining by night. Five en suite bedrooms including a magnificent, lux primary suite complete the comfortable accommodations. Highlight include a spectacular home theater perfect for gaming and movie parties. Located in proximity to CBS, NBC, Disney, Warner Bros. and Universal Studios, Valley College, the Sherman Oaks Rec Center and Fashion Square Mall. This distinctive property is a case study in craftsmanship, elegance, and design and is your ultimate destination. Welcome!
Last Agent to Sell the Property
Sotheby's International Realty License #01430979 Listed on: 07/26/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,447
Year Built
- Built in 2024 | New Construction
Lot Details
- 7,264 Sq Ft Lot
- Lot Dimensions are 54x135
- Property is zoned LAR1
Parking
- 2 Car Direct Access Garage
Home Design
- Farmhouse Style Home
Interior Spaces
- 4,812 Sq Ft Home
- 2-Story Property
- Great Room
- Living Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Projection Room
- Home Theater
- Home Office
- Recreation Room
- Engineered Wood Flooring
- Pool Views
Kitchen
- Gourmet Kitchen
- Open to Family Room
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Retreat
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Powder Room
- Double Vanity
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry on upper level
Pool
- Pool House
- Cabana
- In Ground Pool
- In Ground Spa
Outdoor Features
- Balcony
- Open Patio
Utilities
- Two cooling system units
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2247-005-005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2024
Closed on
Sep 25, 2024
Sold by
5529 Ranchito Llc
Bought by
Mohan Maheswaran And Komathy Maheswaran Revoc and Maheswaran
Seller's Agent
Michael Okun
Sotheby's International Realty
Buyer's Agent
Amy Johns
Keller Williams Los Angeles
List Price
$3,499,000
Sold Price
$3,413,000
Premium/Discount to List
-$86,000
-2.46%
Views
46
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$168,561
Avg. Annual Appreciation
-4.62%
Purchase Details
Closed on
Feb 6, 2023
Sold by
Yaacobi Adir
Bought by
5529 Ranchito Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,000
Interest Rate
6.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 24, 2016
Sold by
Jessel Maxine
Bought by
Jessel Maxine and The Jessel Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.58%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 24, 2011
Sold by
Jessel Harvey Larry
Bought by
Jessel Harvey and Jessel Maxine
Purchase Details
Closed on
Aug 16, 2011
Sold by
Jessel Harvey
Bought by
Jessel Harvey Larry and Jessel Maxine Diane
Purchase Details
Closed on
Jul 29, 2003
Sold by
Jessel Harvey
Bought by
Jessel Harvey and Jessel Maxine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 14, 2003
Sold by
Jessel Harvey
Bought by
Jessel Harvey and Jessel Maxine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 27, 2000
Sold by
Jessel Harvey L
Bought by
Jessel Harvey and Jessel Maxine
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mohan Maheswaran And Komathy Maheswaran Revoc | $3,413,000 | Fidelity National Title | |
| 5529 Ranchito Llc | -- | Provident Title | |
| Jessel Maxine | -- | Accommodation | |
| Jessel Maxine | -- | Lawyers Title | |
| Jessel Harvey | -- | None Available | |
| Jessel Harvey Larry | -- | None Available | |
| Jessel Harvey | -- | First American Title Co | |
| Jessel Harvey | -- | First American Title Co | |
| Jessel Harvey | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 5529 Ranchito Llc | $667,000 | |
| Previous Owner | Jessel Maxine | $280,000 | |
| Previous Owner | Jessel Harvey | $173,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/02/2024 10/02/24 | Sold | $3,413,000 | -2.5% | $709 / Sq Ft | |
| 09/17/2024 09/17/24 | Pending | -- | -- | -- | |
| 07/26/2024 07/26/24 | For Sale | $3,499,000 | +132.5% | $727 / Sq Ft | |
| 05/12/2022 05/12/22 | Sold | $1,505,000 | +37.4% | $838 / Sq Ft | View Prior Sale |
| 03/25/2022 03/25/22 | Pending | -- | -- | -- | |
| 03/18/2022 03/18/22 | For Sale | $1,095,000 | -- | $609 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $13,447 | $3,413,000 | $2,047,800 | $1,365,200 |
| 2024 | $13,447 | $1,100,580 | $770,406 | $330,174 |
| 2023 | $18,656 | $1,535,100 | $1,228,080 | $307,020 |
| 2022 | $3,545 | $290,674 | $97,603 | $193,071 |
| 2021 | $3,497 | $284,976 | $95,690 | $189,286 |
| 2019 | $3,392 | $276,525 | $92,852 | $183,673 |
| 2018 | $3,319 | $271,104 | $91,032 | $180,072 |
| 2016 | $3,162 | $260,580 | $87,499 | $173,081 |
| 2015 | $3,116 | $256,667 | $86,185 | $170,482 |
| 2014 | $3,133 | $251,640 | $84,497 | $167,143 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Okun
-
Amy Johns
Buyer's Agent in 2024
Amy Johns
Keller Williams Los Angeles
(310) 347-5805
2 in this area
54 Total Sales
Map
Source: The MLS
MLS Number: 24-420109
APN: 2247-005-005
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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