NOT LISTED FOR SALE

5540 Sylmar Ave Unit 3 Sherman Oaks, CA 91401

Estimated Value: $590,000 - $722,000

2 Beds
2 Baths
1,271 Sq Ft
$370/mo HOA Fee

Last Sold June 19, 2015

Last sale price $335,000 $264 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,093/month

25 Days on Market

Highlights

  • Unit is on the top floor
  • In Ground Pool
  • Views of Trees
  • Chandler Elementary Rated A-
  • Gated Parking
  • 38,909 Sq Ft lot

About This Home

As of June 2015

Spacious and desired top floor condo with 2 Bedrooms and 2 Baths located in wonderful Sherman Oaks and conveniently located near shopping, dinning, and schools. This unit is located in the center of the complex making for a quite and tranquil living space. 2 Large Bedrooms and 2 Bathrooms as well as a spacious living room have been recently remodeled with new floors, updated windows, new paint and updated central air and heat. Walk in closet in the Master Bedroom with his and her sinks. Open kitchen layout with all appliances included and an adjacent dinning area. Side by side washer and dryer inside a spacious laundry area perfect for linens and supplies. Some added extras for this condo include a large private storage room, secure and gated parking, sparkling pool with spa and secure and gated complex.

Last Agent to Sell the Property

Aaron Ouweleen

Rodeo Realty License #01826882 Listed on: 04/13/2015

Rodeo Realty

Last Buyer's Agent

Courtney Poulos

ACME Real Estate License #01882678

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,838

Year Built

  • Built in 1982

Lot Details

  • 0.89

HOA Fees

  • $370 Monthly HOA Fees

Property Views

  • Trees
  • Courtyard

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,271 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room
  • Living Room
  • Dining Area
  • Den with Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Gated Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Additional Features

  • In Ground Pool
  • Gated Home
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 2245-007-054

Community Details

Overview

  • 29 Units
  • Cameron Courts HOA
  • Low-Rise Condominium
  • Maintained Community

Amenities

  • Community Storage Space

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,838

Year Built

Built in 1982

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Low Rise
  • Levels: Top Level
  • Street Number Display: Yes
  • Complex Name: Cameron Courts HOA
  • Entry Floor: 2
  • Living Area: 1271
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1982
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den
  • Flooring: Laminate, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 267.51

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool
  • Pool: Yes
  • View: Courtyard, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Sewer: In Street

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Extra Storage, Gated Parking, Pool, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 369.95
  • Management Company: Cameron Courts HOA

Lot Info

  • Assessor Parcel Number: 2245-007-054
  • Geocode Override: No
  • Lot Size Area: 38909

Rental Info

  • Land Lease Amount Per Year: 1655.40
  • Land Lease Expiration Year: 2029
  • Land Lease Type: Lease

Multi Family

  • Number Of Units: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2015
Closed on
Jun 15, 2015
Sold by
Payne Matt and Payne Jennifer
Bought by
Zimmerman Miriam and Wilson Denisea
Seller's Agent
Aaron Ouweleen
Rodeo Realty
Buyer's Agent
Courtney Poulos
ACME Real Estate
List Price
$340,000
Sold Price
$335,000
Premium/Discount to List
-$5,000
-1.47%
Current Estimated Value
$634,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,264
Avg. Annual Appreciation
6.36%
Original Mortgage
$268,000
Outstanding Balance
$208,017
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$426,247

Purchase Details

Closed on
Jun 16, 2004
Sold by
Sullivan Brett
Bought by
Payne Matt and Payne Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2002
Sold by
Chase Manhattan Mtg Corp
Bought by
Sullivan Brett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
6.85%

Purchase Details

Closed on
Apr 10, 2000
Sold by
Beck Kenneth J
Bought by
Chase Manhattan Mtg Corp
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
Zimmerman Miriam $335,000 Progressive Title
Payne Matt $360,000 Equity Title Company
Sullivan Brett $150,000 --
Chase Manhattan Mtg Corp $108,000 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman Miriam $268,000
Previous Owner Payne Matt $288,000
Previous Owner Sullivan Brett $145,500
Closed Payne Matt $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2015 06/19/15 Sold $335,000 -1.5% $264 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $340,000 -- $268 / 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 $4,838 $402,607 $217,648 $184,959
2024 $4,838 $394,714 $213,381 $181,333
2023 $4,744 $386,976 $209,198 $177,778
2022 $4,521 $379,390 $205,097 $174,293
2021 $4,460 $371,952 $201,076 $170,876
2019 $4,324 $360,921 $195,113 $165,808
2018 $4,293 $353,845 $191,288 $162,557
2016 $4,092 $340,107 $183,861 $156,246
2015 $4,664 $388,000 $277,800 $110,200
2014 -- $388,000 $277,800 $110,200
Source: Public Records

Agents Affiliated with this Home

  • Aaron Ouweleen

    Seller's Agent in 2015

    Aaron Ouweleen

    Rodeo Realty

    (310) 980-2244

    1 in this area

    8 Total Sales

    Aaron Ouweleen
    Section Image
  • Courtney Poulos

    Buyer's Agent in 2015

    Courtney Poulos

    ACME Real Estate

    (323) 919-0375

    2 in this area

    216 Total Sales

    Courtney Poulos
    Section Image
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Map

Source: The MLS

MLS Number: 15-894225

The MLS

APN: 2245-007-054

California Los Angeles County Sherman Oaks 91401

5540 Sylmar Ave Unit 3, Sherman Oaks, CA

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