tomo logo

$475,000

Beds
2
Baths
2.0
sq ft
959

15511 Sherman Way Unit 53, Van Nuys, CA 91406

15511 Sherman Way Unit 53

Van Nuys, CA 91406

  • Pending
Back on Market at no fault to seller. Property Appraised over asking! Come see this amazing condo! Welcome to 15511 Sherman Way Unit 53, a perfect place to call home especially for a first-time home buyer. This beautifully updated top floor condo is super private and setback in the complex away from street and parking area which makes this home a peaceful sanctuary. This top floor, spacious, 2 bed / 2 bath condo has been through many renovations in the last year. The large primary bedroom is ensuite and has a walk in- closet as well as extra room for storage. The second bedroom is currently being used as an office/ guest room. Conveniently, the 2nd bathroom is located in the hallway across the 2nd bedroom, making it ideal for guests. Some standout renovations include a newly renovated kitchen, which includes new kitchen cabinets, countertop, sink and appliances which are less than one year old. Additional features that have been updated in the last year include new recessed lighting, updated lighting fixtures, luxury vinyl flooring installed throughout as well as fresh paint. Also, note the stackable washer/dryer, plenty of storage throughout the home. The large living room features a gorgeous brick fireplace and a bonus feature of this beautiful home is the private porch which has extra shade provided by the overgrown bougainvillea bush. Additionally, another rare feature of this condo is the one car private garage that has room for storage with a connected carport that fits an additional car. Valley Oaks is a well maintained, quiet complex that is secured by 2 gates and is conveniently located near the 405 and 101 freeways, making it an easy commute.  The management provides weekly gardening, is pet friendly and has a pool area with a Jacuzzi and 2 bbqs for resident use. Don’t miss this wonderfully updated condo that you can call home.

Details

Property type

Condominium

Est. home value

$459,713

Lot size

2.5065 acres

Price per sq ft

$496

Year built

1978

Monthly HOA fee

$384

Price History

09/23/2024
CRMLS

CRMLS #BB24138663

Pending
$475,000
09/05/2024
CRMLS

CRMLS #BB24138663

Listed
$475,000
07/22/2024
CRMLS

CRMLS #BB24138663

Pending
$475,000

Schools & Community

Neighborhood: 

Van Nuys

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Curbs

High school district: 

Los Angeles Unified

Number of units in community: 

62

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$53,527
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$383,473
Cash to seller
$53,527

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First American Wholesale Lending Corp

Loan start date

March 2023

Original loan amount

$391,000

Est. remaining balance

$383,473

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Nathaniel Parker Iii and Sarah Emaline Kleinknecht

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 10/07/2024 at 1:05 AM

Listing updated: 09/28/2024 at 10:25 AM

Listed by: Nicole Artinian, The Artinian Company, Inc. Phone #: (310) 709-8426

MLS: CRMLS #BB24138663

CRMLS logo

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