NOT LISTED FOR SALE

5534 Sylmar Ave Unit 4 Sherman Oaks, CA 91401

Estimated Value: $596,430 - $751,000

2 Beds
2 Baths
1,271 Sq Ft
$416/mo HOA Fee

Last Sold March 10, 2017

Last sale price $390,000 $307 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,278/month

11 Days on Market

Highlights

  • Unit is on the top floor
  • In Ground Pool
  • Wood Flooring
  • Chandler Elementary Rated A-
  • Views of Trees
  • Tudor Architecture

About This Home

As of March 2017

Located in prime Sherman Oaks, this beautifully remodeled top floor two-bedroom condo has it all! Spacious bright living room with hardwood floors, high ceilings, crown molding, fireplace, recessed lighting and access to an enclosed patio perfect for indoor-outdoor entertaining. Recently updated kitchen with granite countertops, stainless steel appliances, and breakfast bar. Large bedrooms with plantation shutters, walk-in closet and ample closet space throughout the residence. Updated bathrooms with beautiful finishes and hidden washer-dryer. Community features include controlled access, gated parking, extra storage unit, pool and spa. Conveniently located next to 101 and 405 freeways. A must-see!

Last Agent to Sell the Property

Keri White

Element RE, Inc License #01491049 Listed on: 02/06/2017

Co-Listed By

Natasha Sizlo

The Agency License #01982402

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,510

Year Built

  • Built in 1982

Lot Details

  • 0.89

HOA Fees

Parking

  • 2 Car Garage
  • Parking Garage Space

Home Design

  • Tudor Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 1,271 Sq Ft Home
  • 3-Story Property
  • Decorative Fireplace
  • Views of Trees
  • Laundry in unit

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Air Conditioning
  • Central Heating

Additional Features

  • South Facing Home
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 2245-007-060

Community Details

Overview

  • 29 Units
  • Prellis Association

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,510

Year Built

Built in 1982

Lot Details

0

HOA Fees

$416 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Tudor
  • Levels: Top Level
  • Street Number Display: Yes
  • Complex Name: Prellis Property Management Company
  • Entry Floor: 3
  • Entry Location: Top Level
  • Living Area: 1271
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 3
  • Year Built: 1982
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Carpet, Hardwood
  • Appliances: Built-In Gas, Cooktop - Gas
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Garbage Disposal
  • Price Per S Q F T: 313.93

Exterior Features

  • Balcony: Balcony
  • Direction Faces: South
  • Tennis Court Y/N: No
  • Exposure: South
  • Patio: Balcony
  • Pool Description: Association Pool
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Community Garage
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Card/Code Access
  • Sewer: In Connected and Paid
  • Water: Public

Association/Amenities

  • Amenities: Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • HOA Fees: 275.00
  • Management Company: Prellis
  • HOA Fees: 141.00
  • HOA: Yes
  • Unit Location: Top

Lot Info

  • Horses: No
  • Assessor Parcel Number: 2245-007-060
  • Geocode Override: No

Rental Info

  • Land Lease Amount Per Year: 1692.00
  • Land Lease Expiration Year: 2067
  • Land Lease Purchase Yn: No
  • Land Lease Type: Lease

Multi Family

  • Number Of Units: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
Feb 22, 2017
Sold by
Ross Erica
Bought by
Mehta Rishi P and Mehta Pradeep
Seller's Agent
Keri White
Element RE, Inc
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%
Current Estimated Value
$650,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,108
Avg. Annual Appreciation
6.09%

Purchase Details

Closed on
Apr 18, 2005
Sold by
Loffredo Elizabeth
Bought by
Ross Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,200
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2004
Sold by
Osullivan Dennis M
Bought by
Loffredo Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,200
Interest Rate
7.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 1995
Sold by
Marin James
Bought by
Lamb Laura

Purchase Details

Closed on
Apr 12, 1995
Sold by
American Svgs Bank Fa
Bought by
Lamb Laura

Purchase Details

Closed on
Dec 13, 1994
Sold by
Sengul Zeki and American Svgs Bank Fa
Bought by
American Svgs Bank Fa

Purchase Details

Closed on
May 12, 1994
Sold by
Sengul Zeki
Bought by
Reinert Gilda
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
Mehta Rishi P $390,000 Fidelity Sherman Oaks
Ross Erica $434,000 Equity Title Company
Ioffredo Elizabeth -- Equity Title Company
Loffredo Elizabeth $379,000 Equity Title
Lamb Laura -- --
Lamb Laura -- --
American Svgs Bank Fa $148,176 Stewart Title
Reinert Gilda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ross Erica $347,200
Previous Owner Loffredo Elizabeth $303,200
Closed Ross Erica $86,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2017 03/10/17 Sold $390,000 -2.3% $307 / Sq Ft
02/06/2017 02/06/17 For Sale $399,000 -- $314 / 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 $5,510 $452,621 $272,617 $180,004
2024 $5,510 $443,747 $267,272 $176,475
2023 $5,404 $435,047 $262,032 $173,015
2022 $5,152 $426,518 $256,895 $169,623
2021 $5,085 $418,156 $251,858 $166,298
2019 $4,933 $405,755 $244,389 $161,366
2018 $4,903 $397,800 $239,598 $158,202
2016 $4,067 $338,000 $250,500 $87,500
2015 $4,664 $388,000 $287,500 $100,500
2014 $4,774 $388,000 $287,500 $100,500
Source: Public Records

Agents Affiliated with this Home

  • Keri White

    Seller's Agent in 2017

    Keri White

    Element RE, Inc

    (310) 804-4011

    2 in this area

    108 Total Sales

    Keri White
    Section Image
  • Natasha Sizlo

    Seller Co-Listing Agent in 2017

    Natasha Sizlo

    The Agency

    (310) 874-2302

    1 in this area

    18 Total Sales

    Natasha Sizlo
    Section Image

  • S

    Buyer's Agent in 2017

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 17-199720

The MLS

APN: 2245-007-060

California Los Angeles County Sherman Oaks 91401

5534 Sylmar Ave Unit 4, Sherman Oaks, CA

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