NOT LISTED FOR SALE

5540 Sylmar Ave Unit 2 Sherman Oaks, CA 91401

Estimated Value: $593,000 - $731,000

2 Beds
2 Baths
1,271 Sq Ft
$490/mo HOA Fee

Last Sold February 25, 2022

Last sale price $575,000 $452 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,465/month

Highlights

  • Spa
  • Primary Bedroom Suite
  • Gated Community
  • Chandler Elementary Rated A-
  • Automatic Gate
  • Updated Kitchen

About This Home

As of February 2022

Welcome to this beautifully updated amazingly spacious 2-bedroom 2 bath Sherman Oaks condominium. This extremely well-maintained home features an enormous chef’s kitchen with LG stainless steel appliances, oak cabinets, and tons of granite countertops. The open floor plan includes a large dining area, open living room, and an enormous master suite with walk-in closet and a stunning master bath. Additional features include a large second bedroom and a huge covered private large balcony. Additional features include side by side washer and dryer, gorgeous hard wood floors, recessed lighting, and a gas fireplace. Additional highlights include a large additional private storage room, a large pool and hot tub. The Location is excellent near freeways, restaurants, and shopping. This is an ideal home for anyone looking for location and value.

Last Agent to Sell the Property

Michael Barasch

Rodeo Realty License #01232835 Listed on: 01/12/2022

Rodeo Realty

Last Buyer's Agent

Deanna Goodwin Mouser

Real Brokerage Technologies, Inc. License #01923099

Real Brokerage Technologies, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,363

Year Built

  • Built in 1982

Lot Details

  • No Common Walls
  • Land Lease of $160 per month

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Turnkey
  • Common Roof
  • Stucco

Interior Spaces

  • 1,271 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Insulated Doors
  • Entryway
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Spa
  • Living Room Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 38140
  • Assessor Parcel Number 2245007050

Community Details

Overview

  • Master Insurance
  • 28 Units
  • Camron Courts Association, Phone Number (310) 444-7444
  • All State HOA

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,363

Year Built

Built in 1982

Lot Details

0

HOA Fees

$490 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Automatic Gate, Gated Community
  • View: No
  • Zoning: LAR3
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2245007050
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1271.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, Living Room Balcony, Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Insulated Doors, Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 452.40
  • Room Type: Entry, Great Room, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Granite Counters, Linen Closet/Storage, Remodeled, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting, Rain Gutters
  • Patio And Porch Features: Covered
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Common Roof
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Gas Water Heater, Ice Maker, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Insurance, Trash, Sewer
  • Association Fee: 330.00
  • Association #2 Fee: 160.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Camron courts
  • Phone: 3104447444
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: All state

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Land Lease Amount: 160.00
  • Land Lease Amount Frequency: Monthly
  • Land Lease Purchase: No
  • Lot Features: Irregular Lot
  • Lot Size Sq Ft: 38909.00
  • Lot Size Acres: 0.8932

Multi Family

  • Lease Considered: No
  • Lot Size Area: 38909.0000 Square Feet
  • Number Of Units In Community: 28
  • Number Of Units Total: 28

Tax Info

  • Tax Census Tract: 1285.00
  • Tax Lot: 1
  • Tax Tract Number: 38140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Jan 20, 2022
Sold by
Tasha Branstrom
Bought by
Kakoun Gabrielle
Seller's Agent
Michael Barasch
Rodeo Realty
Buyer's Agent
Deanna Goodwin Mouser
Real Brokerage Technologies, Inc.
List Price
$549,900
Sold Price
$575,000
Premium/Discount to List
$25,100
4.56%
Current Estimated Value
$642,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,092
Avg. Annual Appreciation
3.05%
Original Mortgage
$375,000
Outstanding Balance
$347,552
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$294,540

Purchase Details

Listed on
Jul 13, 2019
Closed on
Jul 24, 2019
Sold by
Agassi Nathan
Bought by
Branstorm Tasha and Jacobs Justin
Seller's Agent
Wilhelm Ordan
eXp Realty of Greater Los Angeles
Buyer's Agent
Jeronimo Almeida
List Price
$449,000
Sold Price
$449,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$405,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 21, 2016
Closed on
Mar 15, 2017
Sold by
Ocksrider Dean and Ocksrider Rona
Bought by
Agassi Nathan
Seller's Agent
Vicky Mirisch
Pinnacle Estate Properties
Buyer's Agent
Oren Mordkowitz
Pinnacle Estate Properties, Inc.
List Price
$359,988
Sold Price
$350,000
Premium/Discount to List
-$9,988
-2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%
Original Mortgage
$297,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2005
Sold by
Mesropyan Srbui Suzi
Bought by
Ocksrider Dean and Ocksrider Rona

Purchase Details

Closed on
Jun 11, 2001
Sold by
Weber Norbert and Weber Gertrude
Bought by
Mesropyan Srbui Suzi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,025
Interest Rate
7.09%

Purchase Details

Closed on
Feb 7, 1994
Sold by
Bonner Amy Vivian and Weber Norbert
Bought by
Weber Norbert and Weber Gertrude

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,800
Interest Rate
7.24%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kakoun Gabrielle $575,000 New Title Company Name
Kakoun Gabrielle $575,000 New Title Company Name
Branstorm Tasha $450,000 Lawyers Title
Agassi Nathan $350,000 Priority Title
Ocksrider Dean $390,000 Ticor Title
Mesropyan Srbui Suzi $149,500 Fidelity National Title Co
Weber Norbert -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kakoun Gabrielle $375,000
Closed Kakoun Gabrielle $375,000
Previous Owner Branstorm Tasha $405,000
Previous Owner Agassi Nathan $297,500
Previous Owner Mesropyan Srbui Suzi $142,025
Previous Owner Weber Norbert $73,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2022 02/25/22 Sold $575,000 +4.6% $452 / Sq Ft
01/12/2022 01/12/22 For Sale $549,900 +22.5% $433 / Sq Ft
08/16/2019 08/16/19 Sold $449,000 0.0% $353 / Sq Ft View Prior Sale
07/13/2019 07/13/19 For Sale $449,000 +28.3% $353 / Sq Ft
04/07/2017 04/07/17 Sold $350,000 -2.8% $275 / Sq Ft View Prior Sale
03/14/2017 03/14/17 Pending -- -- --
12/21/2016 12/21/16 For Sale $359,988 -- $283 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,363 $610,192 $389,886 $220,306
2024 $7,363 $598,229 $382,242 $215,987
2023 $7,221 $586,500 $374,748 $211,752
2022 $5,504 $463,753 $289,898 $173,855
2021 $5,432 $454,661 $284,214 $170,447
2019 $4,444 $364,140 $145,656 $218,484
2018 $4,415 $357,000 $142,800 $214,200
2016 $4,151 $338,000 $240,700 $97,300
2015 $4,747 $388,000 $276,300 $111,700
2014 $4,859 $388,000 $276,300 $111,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22004761

California Regional Multiple Listing Service (CRMLS)

APN: 2245-007-050