NOT LISTED FOR SALE

5550 Sylmar Ave Unit 3 Sherman Oaks, CA 91401

Estimated Value: $586,000 - $647,000

2 Beds
2 Baths
1,271 Sq Ft
$275/mo HOA Fee

Last Sold November 03, 2016

Last sale price $343,000 $270 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,872/month

8 Days on Market

Highlights

  • In Ground Pool
  • 38,909 Sq Ft lot
  • Built-In Features
  • Chandler Elementary Rated A-
  • Traditional Architecture
  • Walk-In Closet

About This Home

As of November 2016

This light and bright 2 bed/2 bath top-floor unit features large bedrooms, kitchen, and patio. Gorgeous master suite has walk-in closet and en suite bath. Large kitchen includes plenty of counter and storage space. Additional unit features include: brand new carpeting, newer central air and heating, in-unit laundry hook up, large storage space, 2 carport parking spots, and security gate entrance to building. Inexpensive opportunity to own in the heart of Sherman Oaks, within close distance to shops and more!

Last Agent to Sell the Property

John David Skinner

Compass License #01309981 Listed on: 10/04/2016

Compass

Last Buyer's Agent

Angeline Conde

Conde Real Estate Services License #01890252

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,869

Year Built

  • Built in 1982

Lot Details

  • 0.89

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Detached Carport Spaces

Home Design

  • Traditional Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 1,271 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Area
  • Carpet

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Open Patio

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2245-007-047

Community Details

Overview

  • 29 Units

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,869

Year Built

Built in 1982

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Street Number Display: Yes
  • Complex Name: Cameron Courts
  • Entry Floor: 3
  • Living Area: 1271
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 3
  • Year Built: 1982
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Carpet
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Gas Or Electric Dryer Hookup, Range/Oven, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 275.37

Exterior Features

  • Balcony: yes
  • Tennis Court Y/N: No
  • Pool Description: Association Pool
  • Pool: Yes
  • View: No

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Carport Detached

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Pool, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • Assessments: yes call agent
  • HOA Fee Frequency: Monthly
  • HOA Fees: 275.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2245-007-047
  • Geocode Override: No
  • Lot Size Area: 38909

Rental Info

  • Land Lease Expiration Year: 2060
  • Land Lease Type: Lease

Multi Family

  • Number Of Units: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2016
Closed on
Oct 17, 2016
Sold by
Edell Ryan and Edell Katherine Savoy
Bought by
Ivanova Desislava and Pataridze Lali
Seller's Agent
John David Skinner
Compass
Buyer's Agent
Angeline Conde
Conde Real Estate Services
List Price
$350,000
Sold Price
$343,000
Premium/Discount to List
-$7,000
-2%
Current Estimated Value
$609,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,655
Avg. Annual Appreciation
6.61%

Purchase Details

Closed on
Sep 4, 2008
Sold by
Yen Lisa
Bought by
Edell Ryan and Edell Katherine Savoy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2004
Sold by
Heller Heidi
Bought by
Yen Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 1999
Sold by
Conkin Julie A and Sportelli Julie Conkin
Bought by
Heller Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
7.97%
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
Ivanova Desislava $343,000 Title 365
Edell Ryan $325,000 Progressive Title Company
Yen Lisa $332,500 --
Heller Heidi $111,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edell Ryan $260,000
Previous Owner Yen Lisa $266,000
Previous Owner Heller Heidi $99,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2016 11/03/16 Sold $343,000 -2.0% $270 / Sq Ft
10/12/2016 10/12/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $350,000 -- $275 / 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 $4,869 $398,072 $158,996 $239,076
2024 $4,869 $390,268 $155,879 $234,389
2023 $4,776 $382,617 $152,823 $229,794
2022 $4,553 $375,116 $149,827 $225,289
2021 $4,493 $367,762 $146,890 $220,872
2019 $4,359 $356,856 $142,534 $214,322
2018 $4,329 $349,860 $139,740 $210,120
2016 $4,336 $353,536 $206,357 $147,179
2015 $4,273 $348,227 $203,258 $144,969
2014 $4,292 $341,407 $199,277 $142,130
Source: Public Records

Agents Affiliated with this Home

  • John David Skinner

    Seller's Agent in 2016

    John David Skinner

    Compass

    (310) 858-6800

    1 in this area

    41 Total Sales

    John David Skinner
    Section Image

  • A

    Buyer's Agent in 2016

    Angeline Conde

    Conde Real Estate Services

    Section Image
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Map

Source: The MLS

MLS Number: 16-168258

The MLS

APN: 2245-007-047

California Los Angeles County Sherman Oaks 91401

5550 Sylmar Ave Unit 3, Sherman Oaks, CA

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