NOT LISTED FOR SALE

5540 Sylmar Ave Unit 1 Sherman Oaks, CA 91401

Estimated Value: $617,000 - $672,390

3 Beds
2 Baths
1,414 Sq Ft
$478/mo HOA Fee

Last Sold January 18, 2019

Last sale price $420,000 $297 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,344/month

67 Days on Market

Highlights

  • In Ground Pool
  • Views of Trees
  • Contemporary Architecture
  • Chandler Elementary Rated A-
  • 38,909 Sq Ft lot
  • Card or Code Access

About This Home

As of January 2019

Fantastic & spacious 3 BR + 1.75 BA condo. Fireplace in LR, washer & dryer in unit. Dual pane windows throughout the unit. Bedroom closets have custom closets. There is additional private storage room that goes with the unit. Pool and spa. Walking distance to Ralph's grocery, Starbucks and easy access to freeway. **Seller will pay for some of buyer's monthly land lease fee.

Last Agent to Sell the Property

Lori Donahoo

Estate Properties License #00851903 Listed on: 10/25/2018

Co-Listed By

Jeffrey White

Estate Properties License #01133469

Last Buyer's Agent

Geraldson Evangelista

Compass License #02049868

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,707

Year Built

  • Built in 1982

Lot Details

  • 0.89

HOA Fees

Parking

  • Attached Carport

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,414 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Views of Trees
  • Laundry closet

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2245-007-049

Community Details

Overview

  • 20 Units

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,707

Year Built

Built in 1982

Lot Details

0

HOA Fees

$478 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Cameron Courts
  • Entry Floor: 1
  • Living Area: 1414
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1982
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: In Closet
  • Total Bathrooms: 2.00
  • Equipment: Cable
  • Fireplace: Yes
  • Price Per S Q F T: 310.47

Exterior Features

  • Balcony: Yes
  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Carport Attached

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Card/Code Access

Association/Amenities

  • Amenities: Pool, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • HOA Fees: 330.00
  • HOA Fees: 148.03
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2245-007-049
  • Geocode Override: No
  • Lot Size Area: 38909

Multi Family

  • Number Of Units: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2018
Closed on
Jan 4, 2019
Sold by
Walter Michael and Tanaka Junko
Bought by
Rose Ruchan Beste Demirel
Seller's Agent
Lori Donahoo
Estate Properties
Buyer's Agent
Geraldson Evangelista
Compass
List Price
$439,000
Sold Price
$420,000
Premium/Discount to List
-$19,000
-4.33%
Current Estimated Value
$647,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,598
Avg. Annual Appreciation
6.60%

Purchase Details

Listed on
Oct 25, 2018
Closed on
Jan 3, 2019
Sold by
Rose Terrence Michael
Bought by
Rose Ruchan Beste Demirel
Seller's Agent
Lori Donahoo
Estate Properties
Buyer's Agent
Geraldson Evangelista
Compass
List Price
$439,000
Sold Price
$420,000
Premium/Discount to List
-$19,000
-4.33%

Purchase Details

Listed on
Jun 12, 2015
Closed on
Jul 14, 2015
Sold by
Lowry Bonnie J and The Bonnie J Lowry Living Trus
Bought by
Walter Michael and Tananka Junko
Seller's Agent
Jon Trunk
Equity Union
List Price
$399,000
Sold Price
$392,000
Premium/Discount to List
-$7,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.01%

Purchase Details

Closed on
Oct 21, 2005
Sold by
Lowry Bonnie J
Bought by
Lowry Bonnie J and Bonnie J Lowry Living Trust

Purchase Details

Closed on
May 19, 2004
Sold by
Allen Daniel C
Bought by
Lowry Bonnie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2003
Sold by
Kats Viktor
Bought by
Allen Daniel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.54%

Purchase Details

Closed on
Apr 12, 2002
Sold by
Cox Gerard V and Estate Of Robert V Cox
Bought by
Kats Viktor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.83%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rose Ruchan Beste Demirel $420,000 Progressive Title
Rose Ruchan Beste Demirel -- Progressive Title
Walter Michael $392,000 Fidelity Sherman Oaks
Lowry Bonnie J -- --
Lowry Bonnie J $425,000 Chicago Title
Allen Daniel C $280,000 Chicago Title Co
Kats Viktor $180,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowry Bonnie J $318,750
Previous Owner Allen Daniel C $42,000
Previous Owner Kats Viktor $144,000
Closed Kats Viktor $27,000
Closed Allen Daniel C $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/18/2019 01/18/19 Sold $420,000 -4.3% $297 / Sq Ft
12/31/2018 12/31/18 Pending -- -- --
10/25/2018 10/25/18 For Sale $439,000 +12.0% $310 / Sq Ft
08/04/2015 08/04/15 Sold $392,000 -1.8% $277 / Sq Ft View Prior Sale
07/01/2015 07/01/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $399,000 -- $282 / 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 $5,707 $468,513 $93,701 $374,812
2024 $5,707 $459,327 $91,864 $367,463
2023 $5,597 $450,321 $90,063 $360,258
2022 $5,336 $441,493 $88,298 $353,195
2021 $5,266 $432,837 $86,567 $346,270
2019 $5,061 $415,992 $239,620 $176,372
2018 $5,031 $407,836 $234,922 $172,914
2016 $4,800 $392,000 $225,800 $166,200
2015 $5,158 $429,000 $201,300 $227,700
2014 $5,280 $429,000 $201,300 $227,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-401102

The MLS

APN: 2245-007-049