NOT LISTED FOR SALE

5540 Sylmar Ave Unit 7 Sherman Oaks, CA 91401

Estimated Value: $618,000 - $741,000

2 Beds
2 Baths
1,271 Sq Ft
$330/mo HOA Fee

Last Sold March 23, 2020

Last sale price $499,000 $393 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,289/month

Highlights

  • Heated Spa
  • No Units Above
  • Gated Parking
  • Chandler Elementary Rated A-
  • Primary Bedroom Suite
  • Gated Community

About This Home

As of March 2020

Be prepared to fall in love with this spacious Prime Sherman Oaks top floor Unit. Move-in condition! Private stairs lead up to the entry, open the door and you are greeted by a Living Room that features an impressive stone fireplace, hardwood floors flowing to a large dining area with coved ceiling, sliding doors lead out to a large entertainer’s private balcony. The large cook’s kitchen is totally updated with breakfast counter/bar, stainless steel appliances and tons of cabinet space. Master Suite features a large light filled bedroom and a custom organized walk-in closet, master bath has granite counters, double sinks, and enclosed shower. The second bedroom is also large and bright, newly remodeled with custom organized closet. The second bath has granite counters and a tub, newly remodeled. The hallway features in-unit laundry hookup and linen closet. There are two gated covered parking spots and a large private storage room by the garage. The complex is gated and has a pool and spa.

Last Agent to Sell the Property

Barbara Hill

No Firm Affiliation License #01234317 Listed on: 01/06/2020

No Firm Affiliation

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,605

Year Built

  • Built in 1982

Lot Details

  • No Units Above
  • 1 Common Wall
  • Density is 16-20 Units/Acre
  • Land Lease of $1,776 per year

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Tandem Garage
  • Gated Parking

Interior Spaces

  • 1,271 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Coffered Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Pool Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Pool

  • Heated Spa
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Living Room Balcony
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 38140
  • Assessor Parcel Number 2245007055

Community Details

Overview

  • Master Insurance
  • 24 Units
  • Cameron Courts Association

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,605

Year Built

Built in 1982

Lot Details

0

HOA Fees

$330 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Refrigerator
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2245007055
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1271.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Granite Counters, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Laminate, Stone
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 392.60
  • Room Type: Master Suite
  • Spa Features: Association, Heated, In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Walk-In Shower
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Pool
  • Patio And Porch Features: Patio
  • Pool Features: Association, Fenced
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Insurance, Trash, Pets Permitted, Hot Water
  • Association Fee: 330.00
  • Association Fee Frequency: Monthly
  • Association Name: Cameron Courts
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Land Lease Amount: 1776.00
  • Land Lease Amount Frequency: Annually
  • Lot Features: 16-20 Units/Acre
  • 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: 24
  • Number Of Units Total: 24

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 6, 2020
Closed on
Feb 6, 2020
Sold by
Meltzer Davidkent
Bought by
Woods Joel Grant and Glalan Woods Marlene
Seller's Agent
Barbara Hill
No Firm Affiliation
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$651,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,359
Avg. Annual Appreciation
4.87%
Original Mortgage
$374,250
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 29, 2017
Closed on
Aug 30, 2017
Sold by
Cerveny Randall and Cerveny Cathy
Bought by
Meltzer David Kent
Seller's Agent
Jeanet Moltke
Coldwell Banker Realty
Buyer's Agent
Kevin Litinsky
Rodeo Realty
List Price
$370,000
Sold Price
$377,000
Premium/Discount to List
$7,000
1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%
Original Mortgage
$100,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2015
Sold by
Cerveny Randall and Cerveny Cathy
Bought by
Cerveny Randall and Cerveny Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2011
Sold by
Fita Alina
Bought by
Cerveny Randall and Cerveny Cathy

Purchase Details

Closed on
Mar 31, 2005
Sold by
Petonic David E
Bought by
Fita Alina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2004
Sold by
Petonic David E
Bought by
Fita Alina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2004
Sold by
Singer Jacqueline and The Singer Family Trust
Bought by
Fita Alina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 1995
Sold by
Singer Jacqueline
Bought by
Singer Jacqueline and The Singer Family Trust

Purchase Details

Closed on
Oct 18, 1993
Sold by
Singer Morton
Bought by
Singer Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.95%
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
Woods Joel Grant $499,000 Progressive Title Company
Meltzer David Kent $377,000 California Title Company
Cerveny Randall -- Fidelity National Title
Cerveny Randall $230,000 Advantage Title Inc
Fita Alina -- Alliance Title Company
Fita Alina -- --
Fita Alina $352,500 Equity Title
Fita Alina -- Equity Title
Singer Jacqueline -- --
Singer Jacqueline -- Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woods Joel Grant $374,250
Previous Owner Meltzer David Kent $100,000
Previous Owner Cerveny Randall $190,000
Previous Owner Fita Alina $306,000
Previous Owner Fita Alina $282,000
Previous Owner Singer Jacqueline $55,000
Closed Fita Alina $35,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2020 03/23/20 Sold $499,000 0.0% $393 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $499,000 +32.4% $393 / Sq Ft
09/06/2017 09/06/17 Sold $377,000 +1.9% $297 / Sq Ft View Prior Sale
08/22/2017 08/22/17 Pending -- -- --
04/29/2017 04/29/17 For Sale $370,000 -- $291 / 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 $6,605 $545,724 $363,416 $182,308
2024 $6,605 $535,025 $356,291 $178,734
2023 $6,478 $524,535 $349,305 $175,230
2022 $6,175 $514,251 $342,456 $171,795
2021 $6,096 $504,169 $335,742 $168,427
2020 $4,875 $392,230 $156,060 $236,170
2019 $4,684 $384,540 $153,000 $231,540
2018 $4,654 $377,000 $150,000 $227,000
2016 $3,089 $248,916 $105,736 $143,180
2015 $3,045 $245,178 $104,148 $141,030
2014 $3,060 $240,376 $102,108 $138,268
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20003911

California Regional Multiple Listing Service (CRMLS)

APN: 2245-007-055