4060 Sumac Dr, Sherman Oaks, CA 91403

3 beds3 baths4,020 sqft Edit

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Sold: $795,000
Sold on 05/15/12
Zestimate®: $1,778,727
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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This home was recently taken back by the lender. The list price is an estimate based upon our internal value. While I am a preferred listing agent for the lender rather than the listing agent, my team and I are closely monitoring the progress of the property in preparation for when it does enter the marketplace. We are seeking buyers interested in exclusive representation in obtaining this home when it does become available. Our buyers all receive a 15% commission rebate when utilizing our service. Please inquire for more information.

Facts

  • Lot: 7,031 sqft
  • Single Family
  • Built in 1948
  • Views: 3,490 all time views
  • Cooling: Central
  • Heating: Other
  • Last sold: May 2012 for $795,000
  • Last sale price/sqft: $198

Construction

  • Room count: 8
  • Stories: 2
  • Unit count: 1

Other

  • Floor size: 4,020 sqft
  • Last remodel year: 1976
  • Lot depth: 77
  • Lot width: 89
  • Parcel #: 2275005023
  • Zillow Home ID: 19987798

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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$1,778,727
+$21,535 Last 30 days
$1.58M
$1.99M
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$6,524/mo
+$220 Last 30 days
$3.5K
$10.0K
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Popularity on Zillow

If this home is listed on Zillow, it will reach the largest real estate network on the web.*
3,490 all-time views
of this home (chart)
390 forecasted views of this home
in the first 7 days after listing for sale
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Comparable Homes

Homes like this sold for $1.22-2.1M.

$1.07M
$2.25M

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Neighborhood

Market guide

Zillow predicts Sherman Oaks home values will increase 7.7% next year, compared to a 7% increase for Los Angeles as a whole. Among Sherman Oaks homes, this home is valued 263.2% more than the midpoint (median) home, but is valued 43.9% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Sherman Oaks, the number of foreclosures waiting to be sold is 18.6% lower than in Los Angeles, and 45.7% less than the national average. This lower local number could help Sherman Oaks home values rise more quickly than other regions in Los Angeles.

Learn more about forecast calculations or Sherman Oaks home values.
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