NOT LISTED FOR SALE

5723 Kester Ave Van Nuys, CA 91411

Estimated Value: $891,000 - $1,264,000

4 Beds
2 Baths
1,872 Sq Ft
$600/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $825,000 $441 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,619/month

About This Home

Do not miss this opportunity to purchase an income property in the Valley! Located in the Van Nuys neighborhood, this charming duplex is fully occupied and features a total of 4BR/2BA (each unit is 2BR/1BA). Detached 2-car garage. Conveniently located to golf courses, trendy shopping, dining, entertainment, and DTLA. A true must-see! *Do not disturb occupants.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Oct 9, 2023
Sold by
Plasencia Yanet
Bought by
Assulin Yakir
Seller's Agent
Tiffany Dalgic
Coldwell Banker Realty
Buyer's Agent
Zohar Daniel
Equity Union
List Price
$1,100,000
Sold Price
$825,000
Premium/Discount to List
-$275,000
-25%
Views
197
Current Estimated Value
$1,122,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,603
Avg. Annual Appreciation
14.26%
Original Mortgage
$425,000
Outstanding Balance
$415,181
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$707,422

Purchase Details

Listed on
Feb 2, 2023
Closed on
Oct 4, 2023
Sold by
Tah 2D18-1 Borrower Llc
Bought by
Assulin Yakir
Seller's Agent
Tiffany Dalgic
Coldwell Banker Realty
Buyer's Agent
Zohar Daniel
Equity Union
List Price
$1,100,000
Sold Price
$825,000
Premium/Discount to List
-$275,000
-25%
Views
197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$415,181
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$707,422

Purchase Details

Closed on
Apr 18, 2018
Sold by
Tah 2015 1 Borrower Llc
Bought by
Tah 2018 1 Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,965,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2015
Sold by
Turnstone Holding I Lp
Bought by
Tah 2015-1 Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,274,000
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2014
Sold by
Turnstone Flip Llc
Bought by
Turnstone Holding I Lp

Purchase Details

Closed on
Jul 24, 2013
Sold by
Pae Greene Properties Ltd
Bought by
Turnstone Flip Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Assulin Yakir -- Lawyers Title
Assulin Yakir $825,000 Lawyers Title
Tah 2018 1 Borrower Llc -- Os National Llc
Tah 2015-1 Borrower Llc -- Fidelity Natl Title Group
Turnstone Holding I Lp -- Old Republic Title Company
Turnstone Flip Llc $316,003 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Assulin Yakir $425,000
Previous Owner Tah 2018 1 Borrower Llc $339,965,000
Previous Owner Tah 2015-1 Borrower Llc $380,274,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2023 10/25/23 Sold $825,000 -8.3% $441 / Sq Ft View Prior Sale
09/15/2023 09/15/23 Pending -- -- --
09/07/2023 09/07/23 Price Changed $899,900 -1.1% $481 / Sq Ft
08/23/2023 08/23/23 Price Changed $910,000 -2.2% $486 / Sq Ft
08/10/2023 08/10/23 Price Changed $930,000 -1.1% $497 / Sq Ft
07/27/2023 07/27/23 Price Changed $940,000 -1.1% $502 / Sq Ft
07/12/2023 07/12/23 Price Changed $950,000 -1.0% $507 / Sq Ft
06/29/2023 06/29/23 Price Changed $960,000 -1.0% $513 / Sq Ft
06/16/2023 06/16/23 Price Changed $970,000 -1.0% $518 / Sq Ft
06/02/2023 06/02/23 Price Changed $980,000 -1.0% $524 / Sq Ft
05/05/2023 05/05/23 Price Changed $990,000 -7.5% $529 / Sq Ft
04/21/2023 04/21/23 Price Changed $1,070,000 -0.9% $572 / Sq Ft
04/06/2023 04/06/23 Price Changed $1,080,000 -0.9% $577 / Sq Ft
03/15/2023 03/15/23 Price Changed $1,090,000 -0.9% $582 / Sq Ft
02/02/2023 02/02/23 For Sale $1,100,000 -- $588 / Sq Ft

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 $10,230 $841,500 $504,900 $336,600
2024 $10,230 $825,000 $495,000 $330,000
2023 $6,126 $483,078 $306,343 $176,735
2022 $5,846 $473,607 $300,337 $173,270
2021 $5,769 $464,322 $294,449 $169,873
2020 $5,824 $459,562 $291,430 $168,132
2019 $5,599 $627,039 $400,788 $226,251
2018 $7,553 $614,745 $392,930 $221,815
2016 $7,211 $590,875 $377,673 $213,202
2015 $5,154 $418,191 $265,194 $152,997
2014 $5,181 $410,000 $260,000 $150,000
Source: Public Records

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