NOT LISTED FOR SALE

5705 Lemona Ave Sherman Oaks, CA 91411

Estimated Value: $1,410,000 - $1,745,000

3 Beds
2.5 Baths
1,630 Sq Ft
$959/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $1,350,000 $828 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,112/month

29 Days on Market

Highlights

  • Detached Guest House
  • Fireplace in Primary Bedroom
  • Park or Greenbelt View
  • Kester Avenue Elementary School Rated A
  • Contemporary Architecture
  • No HOA

About This Home

As of January 2022

https://5705lemona.com - This mid-century classic located on a tree-lined street has been completely redone in the last four years. Beautiful engineered hardwood floors lead into the open floor plan including the living room, an open kitchen with breakfast bar, quartz countertops, and stainless steel appliances, huge pantry, and all the modern amenities including two Venetian plaster gas/wood fireplaces. The bathrooms are beautifully redone, and the fenced backyard is spacious enough for a pool and currently has a raised bed garden. The spacious primary bedroom leads out onto a covered patio for private dinners and star-gazing. Copper plumbing, Central AC, beautiful floors, LED recessed lighting through-out, as well as bathrooms replete with European fixtures and vanities, a 4 year old roof, and a massive driveway with plenty of parking shows off this move-in ready property. There is a permitted bonus room with an additional half bath in the back of the property attached to the garage. Also, the connected, enclosed garage could easily be converted to add extra square footage for a fully-functioning ADU. (There is also a bonus room with a connected 1/2 bath). This house sits in one of the most desirable neighborhoods possible, feeding into the award-winning Kester school system, with easy access to all major freeways.

Last Agent to Sell the Property

Aric Cushing/ Ascent

Meridian Capital Real Estate License #01384415 Listed on: 11/19/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 6,888 Sq Ft Lot
  • Lot Dimensions are 51x135
  • Block Wall Fence
  • Sprinkler System
  • Property is zoned LAR1

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,630 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den
  • Park or Greenbelt Views

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Air Conditioning
  • Central Heating
  • Property is located within a water district
  • Tankless Water Heater
  • Sewer in Street

Additional Features

  • Covered Patio or Porch
  • Detached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2243-012-026

Home Details

Home Type

Single Family

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Entry Location: Living Room
  • Living Area: 1630
  • Lot Acreage: 0.1581
  • Lot Dimensions: 51x135
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Mixed
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Equipment: Ceiling Fan, Dishwasher, Electric Dryer Hookup, Garbage Disposal, Built-Ins, Gas Dryer Hookup, Hood Fan
  • Fireplace: Yes
  • Price Per S Q F T: 733.13
  • Windows: Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Partial Copper Plumbing
  • Other Structures: Accessory Dwelling Unit
  • Tennis Court Y/N: No
  • Fence: Block
  • Guest House: Detached
  • Patio: Covered Porch
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Garage: Driveway, Garage Is Detached
  • Total Parking: 4

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning
  • Heating: Central
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 2243-012-026
  • Lot Size Area: 6888

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Jan 6, 2022
Sold by
Illius John Patrick and Illius Suzanne C
Bought by
Akopyan Emin and Akopyan Jessica
Seller's Agent
Aric Cushing/ Ascent
Meridian Capital Real Estate
List Price
$1,195,000
Sold Price
$1,350,000
Premium/Discount to List
$155,000
12.97%
Current Estimated Value
$1,469,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,207
Avg. Annual Appreciation
3.75%
Original Mortgage
$1,147,500
Outstanding Balance
$1,056,731
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$507,074

Purchase Details

Closed on
Jun 24, 2020
Sold by
Illius John Patrick and Altman Suzanne C
Bought by
Illius John Patrick and Altman Suzanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2017
Closed on
Mar 23, 2017
Sold by
Garibyan Nubar
Bought by
Illius John Patrick and Altman Suzanne C
Seller's Agent
Nubar Garibyan
SoCal Real Estate Services
List Price
$849,000
Sold Price
$863,000
Premium/Discount to List
$14,000
1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$690,400
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2016
Closed on
Nov 1, 2016
Sold by
Hogtanyan Sofya
Bought by
Hogtanyan Berj
Seller's Agent
Gail Salem
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Gail Salem
Berkshire Hathaway HomeServices California Properties
List Price
$590,000
Sold Price
$620,000
Premium/Discount to List
$30,000
5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.77%

Purchase Details

Listed on
Oct 10, 2016
Closed on
Oct 20, 2016
Sold by
Mayeda Stewart K
Bought by
Hogtanyan Berj and Garibyan Nubar
Seller's Agent
Gail Salem
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Gail Salem
Berkshire Hathaway HomeServices California Properties
List Price
$590,000
Sold Price
$620,000
Premium/Discount to List
$30,000
5.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Akopyan Emin $1,350,000 Equity Title
Illius John Patrick -- First American Title Company
Illius John Patrick $863,000 California Title Company
Hogtanyan Berj -- California Title Company
Garibyan Nubar -- California Title Company
Chragian Ara -- California Title Company
Hogtanyan Berj $620,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akopyan Emin $1,147,500
Previous Owner Illius John Patrick $650,000
Previous Owner Illius John Patrick $690,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2022 01/14/22 Sold $1,350,000 +13.0% $828 / Sq Ft
12/18/2021 12/18/21 Pending -- -- --
11/22/2021 11/22/21 Price Changed $1,195,000 0.0% $733 / Sq Ft
11/22/2021 11/22/21 For Sale $1,195,000 -11.5% $733 / Sq Ft
11/20/2021 11/20/21 Off Market $1,350,000 -- --
11/19/2021 11/19/21 For Sale $1,175,000 +36.2% $721 / Sq Ft
04/14/2017 04/14/17 Sold $863,000 +1.6% $578 / Sq Ft View Prior Sale
03/21/2017 03/21/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $849,000 +36.9% $568 / Sq Ft
11/07/2016 11/07/16 Sold $620,000 +5.1% $415 / Sq Ft View Prior Sale
10/20/2016 10/20/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $590,000 -- $395 / 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 $17,164 $1,432,630 $1,146,104 $286,526
2024 $17,164 $1,404,540 $1,123,632 $280,908
2023 $16,830 $1,377,000 $1,101,600 $275,400
2022 $11,227 $943,813 $711,415 $232,398
2021 $11,089 $925,308 $697,466 $227,842
2019 $10,755 $897,865 $676,780 $221,085
2018 $10,622 $880,260 $663,510 $216,750
2016 $2,006 $162,590 $63,879 $98,711
2015 $1,977 $160,149 $62,920 $97,229
2014 $1,991 $157,013 $61,688 $95,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-106919

The MLS

APN: 2243-012-026