NOT LISTED FOR SALE

Sherman Oaks, CA 91401

Estimated Value: $1,150,000 - $1,408,000

7 Beds
4 Baths
2,395 Sq Ft
$525/Sq Ft Est. Value

Last Sold October 11, 2012

Last sale price $605,000 $253 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $7,347/month

13 Days on Market

About This Home

As of October 2012

***STANDARD SALE, CORPORATE OWNED, PRICED TO SELL, LARGE DETACHED 3 BEDROOM SINGLE FAMILY HOME + TRIPLEX, BRAND NEW EXTERIOR PAINT, LANDSCAPE AND MORE, YOU MUST DRIVE BY AND SEE, LARGE CORNER LOT POSSIBLE CONDO PROJECT DOWN THE ROAD BUYER TO VERIFY WITH CITY, GREAT SHERMAN OAKS LOCATION CLOSE TO SHOPS, ALL OFFERS MUST BE EMAILED WITH PROOF OF DOWN AND PREQUAL. ALL UNITS OCCUPIED ACTUAL RENTS SHOWN, 2BR UNIT HAS NONPERMITTED SECOND BR. NO HISTORY OF EXPENSES, HOUSE BUILT APPROX 1939.

Last Agent to Sell the Property

Gregg Horvath

R L M Equities License #01007015 Listed on: 08/21/2012

Last Buyer's Agent

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,219

Year Built

  • Built in 1953

Lot Details

  • 6,534

Parking

  • 4 Parking Spaces

Home Design

  • 2,395 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 8640
  • Assessor Parcel Number 2344008001

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,219

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 2344008001
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 252.61

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Multi Family

  • Gross Income: 4080.00
  • Gross Multiplier: 10.82
  • Gross Scheduled Income: 48960.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: 8640

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2012
Closed on
Sep 12, 2012
Sold by
Getz June S
Bought by
Liu Jack
Seller's Agent
Gregg Horvath
R L M Equities
Buyer's Agent
Benjamin Hsiang
Realty Investment Advisors, Inc.
List Price
$529,900
Sold Price
$605,000
Premium/Discount to List
$75,100
14.17%
Current Estimated Value
$1,257,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$652,000
Avg. Annual Appreciation
5.76%
Original Mortgage
$453,750
Outstanding Balance
$314,124
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$942,876

Purchase Details

Listed on
Aug 21, 2012
Closed on
Sep 6, 2012
Sold by
The Allott Trust #5550
Bought by
Liu Jack
Seller's Agent
Gregg Horvath
R L M Equities
Buyer's Agent
Benjamin Hsiang
Realty Investment Advisors, Inc.
List Price
$529,900
Sold Price
$605,000
Premium/Discount to List
$75,100
14.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,750
Outstanding Balance
$314,124
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$942,876

Purchase Details

Closed on
Jul 16, 2012
Sold by
Salazar Amelia Martinez and Salazar Erika A
Bought by
The All Ott Trust #5550 and Cic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,750
Outstanding Balance
$314,124
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$942,876

Purchase Details

Closed on
Apr 6, 2007
Sold by
Salazar Erika A and Salazar Amelia Martinez
Bought by
Salazar Amelia Martinez and Salazar Erika A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2005
Sold by
Salazar Erika A and Salazar Erika
Bought by
Salazar Erika A and Salazar Amelia Martinez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2005
Sold by
Salazar Erika A and Salazar Erika
Bought by
Salazar Erika A and Salazar Amelia Martinez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2001
Sold by
Salazar Roberto and Salazar Amelia I
Bought by
Salazar Erika

Purchase Details

Closed on
Jul 7, 1994
Sold by
American Svgs Bank Fa
Bought by
Salazar Roberto and Salazar Amelia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
8.38%

Purchase Details

Closed on
Apr 8, 1994
Sold by
N A Mtg Services Inc
Bought by
American Svgs Bank Fa
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
Liu Jack -- Landwood Title
Liu Jack $605,006 Landwood Title
The All Ott Trust #5550 -- None Available
Salazar Amelia Martinez -- Gateway Title Company
Salazar Erika A -- --
Salazar Erika A -- --
Salazar Erika -- Investors Title
Salazar Roberto $190,000 Chicago Title Company
American Svgs Bank Fa $239,746 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Jack $453,750
Previous Owner Salazar Amelia Martinez $450,000
Previous Owner Salazar Erika A $250,000
Previous Owner Salazar Roberto $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2012 10/11/12 Sold $605,000 +14.2% $253 / Sq Ft
09/03/2012 09/03/12 Pending -- -- --
08/21/2012 08/21/12 For Sale $529,900 -- $221 / 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 $9,219 $745,004 $492,568 $252,436
2024 $9,219 $730,397 $482,910 $247,487
2023 $9,045 $716,077 $473,442 $242,635
2022 $8,632 $702,037 $464,159 $237,878
2021 $8,520 $688,272 $455,058 $233,214
2020 $8,603 $681,215 $450,392 $230,823
2019 $8,271 $667,859 $441,561 $226,298
2018 $8,143 $654,764 $432,903 $221,861
2016 $7,690 $629,341 $416,094 $213,247
2015 $7,578 $619,888 $409,844 $210,044
2014 $7,624 $607,746 $401,816 $205,930
Source: Public Records

Agents Affiliated with this Home

  • Gregg Horvath

    Seller's Agent in 2012

    Gregg Horvath

    R L M Equities

    (714) 290-0298

    19 Total Sales

    Gregg Horvath
    Section Image
  • Benjamin Hsiang

    Buyer's Agent in 2012

    Benjamin Hsiang

    Realty Investment Advisors, Inc.

    (424) 377-6001

    73 Total Sales

    Benjamin Hsiang
    Section Image
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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12003342

California Regional Multiple Listing Service (CRMLS)

APN: 2344-008-001

California Los Angeles County Sherman Oaks

91401

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