Sherman Oaks Market Update - August 2011

Here are the latest sold homes in Sherman Oaks from August 1 to August 31, 2011. This information comes from the CLAW MLS, and is deemed accurate, but is not guaranteed.

I’d like to clarify that this is a list of recently sold homes in Sherman Oaks, and not my own recent activity (though you can easily find that information on my website at www.MontoyaProperties.com).

I hope this data is useful.  If you have any questions about this information, or any real estate-related needs, feel free to call me at 310-403-4004, or send me an e-mail at Maria@MontoyaProperties.com.

ADDRESS	Beds	Baths	Sq. Ft.	Lot Size	Sold Price	DateSold
4100 Sumac Dr.	3	2.5	2363	6,250	$850,000	8/31/11
4217 Noble Ave.	3	3	2171	10,510	$822,500	8/31/11
4045 Beverly Glen Blvd.	2	2	1255	9,209	$685,000	8/31/11
13158 Otsego St.	2	2	1537	6,750	$656,000	8/31/11
3924 Benedict Canyon Dr.	2	2	1387	7,130	$490,000	8/31/11
4640 Atoll	3	3	2448	12,149	$1,025,000	8/26/11
13136 Addison T.	4	4.5	3202	6,160	$810,000	8/25/11
5444 Ventura Canyon	3	1.75	1404	6,600	$680,000	8/25/11
5422 Lemona Ave.	4	3	1646	6,750	$580,000	8/25/11
4042 Benedict Canyon	4	3	0	9,540	$1,043,500	8/24/11
15070 Del Gado Dr.	4	3	3258	5,770	$749,900	8/24/11
4171 Dixie Canyon Ave.	3	3.5	2510	8,825	$1,010,000	8/23/11
15243 Camarillo St.	4	3	1938	5,940	$543,100	8/23/11
5267 Allott Ave.	3	2	1696	6,494	$450,000	8/23/11
15024 Greenleaf St.	3	3	2075	10,750	$780,000	8/22/11
14633 Round Valley Dr.	5	6	4731	13,870	$2,150,000	8/19/11
13110 Bloomfield St.	4	4	3000	10,184	$1,460,000	8/19/11
3614 Woodcliff Rd.	3	2.5	2103	10,370	$1,005,000	8/18/11
15124 Del Gado Dr	4	5	2800	6,190	$930,000	8/18/11
4504 Lennox Ave.	3	3	1799	7,057	$650,000	8/16/11
4622 Columbus Ave.	3	2	1993	8,450	$640,199	8/16/11
4957 Sunnyslope Ave.	2	2	1625	6,229	$635,000	8/16/11
5432 Lemona Ave.	3	2	1648	6,750	$629,000	8/16/11
4139 Davana Rd.	2	1	1240	7,740	$555,000	8/16/11
16184 Meadowcrest Rd.	3	3	2157	14,800	$849,000	8/15/11
14888 Round Valley Dr.	7	7	8000	30,000	$3,900,000	8/12/11
4155 Davana Rd.	4	5	4330	12,100	$1,850,000	8/12/11
3929 Ventura Canyon	3	2	1943	8,930	$606,000	8/12/11
5526 Wortser Ave.	3	2	1919	9,652	$560,000	8/12/11
5010 Matilija Ave.	5	4	2888	8,450	$835,000	8/11/11
15425 Greenleaf St.	4	4	3030	10,730	$1,165,000	8/10/11
4937 Matilija Ave.	3	2	1926	7,808	$600,000	8/10/11
13013 Hesby St.	5	3	2913	7,497	$938,000	8/9/11
4421 Mary Ellen Ave.	2	2	1471	6,750	$425,000	8/9/11
3938 Dixie Canyon Ave.	5	3	3410	5,250	$1,150,000	8/8/11
4716 Allott Ave.	3	2	1750	7,800	$641,000	8/8/11
3630 Meadville Dr.	3	3	2270	8,260	$905,000	8/5/11
4558 Longridge Ave.	2	2	1416	6,750	$632,000	8/5/11
5508 Norwich Ave.	3	2	1672	6,750	$630,000	8/3/11
4530 Tyrone Ave.	5	4	3511	6,750	$1,094,000	8/2/11
13471 Mccormick St.	4	3	2235	7,340	$780,000	8/2/11
3475 Camino De La Cumbre	4	5	3370	13,050	$1,050,000	8/1/11
4009 Woodman Canyon	3	3	2176	6,410	$975,000	8/1/11
14235 Margate St.	3	2	1933	8,630	$550,000	8/1/11

What Makes A Happy Home?

Last winter Trulia Blogs published an article entitled How To Build A Happy Home (& Relationship), which included this really cool info graphic:

Click on the photo to enlarge the view and make it legible.  So, what tops your list of a happy home?

Anna Nicole Smith's Studio City Home Hits Market

The former residence of Anna Nicole Smith, located at 3646 Avenida Del Sol, just came on the market for $1.7 million. The 4700 sq. home has 5 bedrooms, 6 bathrooms and killer views. 

Described  in the MLS as a contemporary Mediterranean, the 10-year-old home has a dramatic two-story entry with an iron staircase railing and hardwood and marble flooring, recessed lights, updated ...well, just take a look at the pictures.

Besides the beautiful interior and exterior architecture of the house, it has its own fame value after being featured on E!’s The Anna Nicole Show. 

FINALLY!!!! Colfax Bridge Will Open on Thursday

After what seems like FOREVER, the bridge on Colfax Avenue will finally re-open tomorrow! For the details, check out this article from Studio City Patch.  


The new Colfax bridge will offer new bike and walking paths, ADA-accessible ramps and new landscaping.  But for me, the convenience of being able to shoot straight down Colfax Avenue between Moorpark & Ventura will be joy enough!

Recent Solds In Sherman Oaks

Here are the latest sold homes in Sherman Oaks from June 1 to June 30, 2011.  As usual, this information comes from the CLAW MLS, and is deemed accurate, but is not guaranteed.

I’d like to clarify that this is a list of recently sold homes in Studio City, and not of my own recent activity (though you can easily find that information on my website at www.MontoyaProperties.com).

I hope this data is useful.  If you have any questions about this information, or any real estate-related needs, feel free to call me at 310-403-4004, or send me an e-mail at Maria@MontoyaProperties.com.

ADDRESS	Beds	Baths	Sq.  Ft.	Lot  Size	Sold  Price	Date Sold
13504 Contour Dr.	2	2	1464	7,340	$475,000	6/30/11
3988 Beverly Glen Blvd.	2	2	1338	7,550	$649,000	6/28/11
4121 Sunnyslope Ave.	3	2	1433	7,980	$750,000	6/27/11
4448 Tyrone Ave.	2	2	1700	6,750	$550,000	6/27/11
4818 Mary Ellen Ave.	3	2	2158	7,430	$699,000	6/27/11
4426 Colbath Ave.	3	2.5	2048	6,612	$645,000	6/24/11
14516 Otsego St.	3	2	1218	6,751	$475,000	6/24/11
3478 Vista Haven Rd.	3	2	2154	12,290	$800,000	6/23/11
4701 Allott Ave.	2	2	963	3,707	$440,000	6/22/11
4180 Fulton Ave.	5	5	3790	7,103	$1,195,000	6/22/11
15126 Greenleaf St.	4	3.5	3330	21,500	$1,330,000	6/21/11
3632 Valley Meadow Rd.	3	2	2350	15,800	$900,000	6/21/11
13596 Contour Dr.	3	3	2299	6,440	$910,000	6/20/11
4846 Sylmar Ave.	3	2	1416	6,751	$595,000	6/17/11
4815 Mary Ellen Ave.	4	3	2374	10,740	$600,000	6/17/11
4030 Stansbury Ave.	4	5	3476	9,000	$1,300,000	6/17/11
3909 Ventura Canyon	4	4	3810	19,602	$2,232,850	6/16/11
4616 Wortser Ave	3	2	1876	7,800	$895,000	6/16/11
3870 Sherview Dr.	3	4	3694	19,260	$1,222,525	6/15/11
14727 Valley Vista Blvd.	3	2	2042	5,014	$775,000	6/15/11
13390 Contour Dr.	2	2	1449	7,700	$580,000	6/15/11
3611 Loadstone Dr.	3	2	1816	11,480	$775,000	6/15/11
3770 Deervale Dr.	5	5	4118	54,980	$1,494,000	6/14/11
4518 Nagle Ave.	3	3	1621	6,480	$610,000	6/13/11
3651 Stone Canyon Ave.	4	3	2919	10,000	$907,000	6/9/11
13804 Valley Vista Blvd.	5	6	4813	8,760	$2,030,000	6/9/11
4534 Vesper Ave.	3	2	2229	6,500	$515,000	6/4/11

Recent Studio City Sales

Here’s the latest on what’s sold in Studio City from April 1 to June 30, 2011.  As usual, this information comes from the CLAW MLS, and is deemed accurate, but is not guaranteed.

I’d like to clarify that this is a list of recently sold homes in Studio City, and not of my own recent activity (though you can easily find that information on my website at www.MontoyaProperties.com).

I hope you find this data useful.  If you have any questions about this information, or any real estate-related needs, feel free to call me at 310-403-4004, or send me an e-mail at Maria@MontoyaProperties.com.

ADDRESS	BEDS	BATHS	SQ. FT.	SALE PRICE	DATE SOLD
13038 Dickens St.	2	2	2064	$869,000	6/27/11
12442 Laurel Terrace Dr.	2	2	1330	$420,000	6/15/11
13390 Contour Drive	2	2	1449	$580,000	6/15/11
12390 Viewcrest Road	2	2	1240	$495,000	5/27/11
4037 Coldwater Canyon	3	3	1972	$730,000	5/24/11
3930 Goodland Ave.	5	4	3801	$1,208,000	5/24/11
12991 Blairwood Drive	5	5	4366	$2,800,000	5/23/11
13103 Valley Vista Blvd.	3	3	2345	$475,000	5/20/11
3640 Dixie Canyon Pl.	4	3	2189	$890,000	5/20/11
13235 Cheltenham Dr.	2	2	1434	$630,000	5/14/11
12966 Galewood Street	3	3	2408	$1,535,000	4/28/11
13082 Blairwood Drive	2	2	1956	$760,000	4/8/11
3946 Dixie Canyon Ave.	2	2	1599	$715,000	4/1/11

Get Ready For Reduced Mortgage Caps

Buyers and Sellers Take Note: according to an article posted on today's Wall Street Journal website, conforming Mortgage Caps are set to decrease in October.  For those of us in Los Angeles, that means caps will decrease from a current max $729,750 down to $629,500.


For Buyers in this price range, this essentially means that any loans above the new cap will be considered "jumbo" and subject to higher rates and other conditions. Home owners planning to sell in the next few months might consider the advantages of selling prior to implementation of the rate cap.


Although the decrease doesn't take effect until October, Bank of America has already adopted the new loan cap, and there are rumors that other lenders may follow suit before the end of summer.