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15200 Sherman Way

15200 Sherman Way, Van Nuys, CA 91405
Property in Van Nuys
Sold Jul 23, 2020
$3,200,000
$1,600,000 by First Republic Bank
Mortgage
Sold Jan 07, 2011
$2,025,000
Local assessors in Van Nuys, CA have categorized 15200 Sherman Way as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 10,240 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 26 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 30 full bathrooms. There are also 30 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 15200 Sherman Way has a total of 11,180 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Residents rely on central air conditioning for their cooling system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 15200 Sherman Way sold most recently in Jul 2, 2020 for a total of $3,200,000. If you work out the math, that's approximately a cost of $286.23 per sqft. Before that, the property was also sold for $2,025,000 in Dec 22, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $42,905 in taxes each year. 15200 Sherman Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,599,783. If we break it down further, the land itself was valued at $1,439,913. Improvements to the property, however, were assessed at a total of $2,159,870. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 26
  • Bathroom Count: 30
  • Full Bathrooms: 30
  • Partial Bathrooms: 30
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 10
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,240
  • Total Building Area: 11,180
  • Gross Building Area: 11,180
  • Building Area: 11,180
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 11,180
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARCEL MAP NO 7182
  • Land Acres: 0.235
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: P M 313-56-57 LOT A

Ownership

  • Current Owner : CENTINELA ASSOCIATES INVESTMENTS LLC
  • Previous Owner : CHEROKEE VENTURES LLC
  • Owner Before Previous Owner: ARORA DEAN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 127804

Zoning

  • Zoning: LAR1

Geography

  • Parcel: 2220-001-026
  • Lot: A
  • Municipality: NORTH /VAN NUYS
  • Latitude: 34.2008
  • Longitude: -118.464

    Address

  • Full Address: 15200 Sherman Way
  • Address - House Number: 15200
  • Address - Street Name: Sherman
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Van Nuys
  • Carrier Code: C001
  • 4-Digit Zip Code: 6315
  • Zip Code: 91405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $42,905
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 55
  • Final Value: 3,352,310
  • High Value: 4,093,314
  • Low Value: 2,611,305

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,600,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Jul 23, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,599,783
  • Assessed Land Value: $1,439,913
  • Assessed Improvements Value: $2,159,870

    Sales

  • Current Sale Contract Date: Jul 02, 2020
  • Current Sale Recording Date: Jul 23, 2020
  • Current Sale Transaction ID: 11773768430
  • Current Sale Price: $3,200,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0821707
  • Previous Sale Recording Date: Jan 07, 2011
  • Previous Sale Contract Date: Dec 22, 2010
  • Previous Sale Amount: $2,025,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Jul 23, 2020
  • First Mortgage Loan Amount: $1,600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 15200 Sherman Way located in?
The 15200 Sherman Way is a located in the neighborhood of Van Nuys in South Valley, Van Nuys.
What is the average sales price for listings in 15200 Sherman Way?
The average sales price for units in 15200 Sherman Way is $0 currently.

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