NOT LISTED FOR SALE

15207 Magnolia Blvd Unit 229 Sherman Oaks, CA 91403

Sherman Oaks Neighborhood

Estimated Value: $594,000 - $631,073

2 Beds
1.5 Baths
1,026 Sq Ft
$451/mo HOA Fee

Last Sold February 18, 2022

Last sale price $600,000 $585 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,547/month

20 Days on Market

Highlights

  • Community Pool
  • Tennis Courts
  • Walk-In Closet
  • Kester Avenue Elementary School Rated A-
  • Living Room Balcony
  • Controlled Access

About This Home

As of February 2022

BACK ON MARKET AT NO FAULT OF SELLERS AND THE PROPERTY. THIS IS A BEAUTIFUL UPGRADED 2 BEDROOM, 1.5 BATHROOM END UNIT CONDO AT TOP FLOOR IN THE OAK POINTE COMMUNITY. IT FEATURES AN OPEN FLOOR PLAN, MORDEN KITCHEN AND BATHROOMS,LAMINATE FLOOR, WALK IN CLOSET, CUSTOM MIRRORED CLOSET DOORS, DINING AREA OVERLOOKING THE FIREPLACE, LARGE LIVING ROOM WITH A SOUTH FACING BALCONY. CENTRAL AIR/HEAT, ALMOST BRAND NEW REFRIGERATOR AND STACKABLE WASHER & DRYER WILL STAY. OAK POINTE IS A VERY DESIRABLE AND FRIENDLY COMMUNITY. IT IS WELL MAINTAINED WITH SEVERAL OUTDOOR POOLS, SPAS, TENNIS COURT, AND REC ROOM.THE MONTHLY HOA FEES OF COVER WATER, TRASH, BASIC CABLE, HIGH SPEED INTERNET, BUILDING INSURANCE, AND EARTHQUAKE INSURANCE. THERE ARE 2 TANDEM UNDERGROUND PARKING SPACES AND A STORAGE UNIT. IT’S VERY CLOSE TO SHERMAN OAKS GALLERIA, WHOLE FOODS, TRADER JOE’S, AND MANY WONDERFUL RESTAURANTS.

Last Listed By

Lina Zhang

RE/MAX PREMIER/SANMARINO License #01188114 Listed on: 01/01/2022

RE/MAX PREMIER/SANMARINO

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,654

Year Built

  • Built in 1978

Lot Details

  • 1 Common Wall

HOA Fees

  • $451 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,026 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Gas Oven
  • Built-In Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Stacked Washer and Dryer

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Earthquake Insurance Required
  • Assessor Parcel Number 2250003062

Community Details

Overview

  • Front Yard Maintenance
  • Master Insurance
  • 52 Units
  • Oak Pointe Association, Phone Number (818) 587-9500
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Additional Features

  • Recreation Room
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,654

Year Built

Built in 1978

Lot Details

0

HOA Fees

$451 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: REFRIGERATOR, WASHER, DRYER, MOVEBAL CLOSET IN THE SECOND BEDROOM.
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2250003062
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1026.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Living Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 584.80
  • Room Type: Kitchen, Living Room, Walk-In Closet
  • Bathroom Features: Remodeled, Upgraded, Walk-In Shower

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Kitchen, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Recreation Room, Cable TV, Earthquake Insurance, Insurance, Maintenance Grounds, Trash, Water, Pet Rules, Controlled Access, Maintenance Front Yard
  • Association Fee: 451.00
  • Association Fee Frequency: Monthly
  • Association Name: OAK POINTE
  • Phone: 818-587-9500
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: OAK POINTE

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 52
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 000
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2022
Closed on
Feb 7, 2022
Sold by
Jingjing Benecke Michelle Ma and Jingjing Rob Scott
Bought by
Tibayan Erwin R
Seller's Agent
Lina Zhang
RE/MAX PREMIER/SANMARINO
List Price
$590,000
Sold Price
$600,000
Premium/Discount to List
$10,000
1.69%
Total Days on Market
20
Current Estimated Value
$619,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,518
Avg. Annual Appreciation
2.65%
Original Mortgage
$450,000
Outstanding Balance
$426,474
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$225,688

Purchase Details

Closed on
May 23, 2017
Sold by
Ma Xiao Meng
Bought by
Benecke Michelle Ma Jingjing and Benecke Scott Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2010
Sold by
Ma Xiao Meng
Bought by
Ma Xiao Meng and Benecke Scott Robert

Purchase Details

Closed on
Jun 9, 2006
Sold by
Kim Suelyn
Bought by
Ma Xiao Meng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2002
Sold by
Silveril Glenn L
Bought by
Kim Suelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
7.13%

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
Benecke Michelle Ma Jingjing -- Title 365
Ma Xiao Meng -- Accommodation
Ma Xiao Meng $396,000 Fatcola
Kim Suelyn $207,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benecke Michelle Ma Jingjing $209,500
Closed Ma Xiao Meng $242,000
Closed Ma Xiao Meng $246,000
Previous Owner Kim Suelyn $200,000
Previous Owner Kim Suelyn $165,500
Previous Owner Kim Suelyn $165,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $600,000 0.0% $585 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
01/21/2022 01/21/22 Price Changed $599,900 +1.7% $585 / Sq Ft
01/01/2022 01/01/22 For Sale $590,000 -- $575 / 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
2024 $7,654 $624,239 $389,421 $234,818
2023 $7,506 $612,000 $381,786 $230,214
2022 $5,905 $499,943 $336,959 $162,984
2021 $5,830 $490,141 $330,352 $159,789
2019 $5,652 $475,604 $320,554 $155,050
2018 $5,439 $451,000 $304,900 $146,100
2016 $4,698 $392,000 $265,000 $127,000
2015 $4,424 $369,000 $249,800 $119,200
2014 $4,883 $398,000 $269,400 $128,600
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21270650

California Regional Multiple Listing Service (CRMLS)

APN: 2250-003-062