San Fernando Valley Real Estate News- Heather Farquhar

#301-14538 Benefit Street in Sherman Oaks Is Now In Escrow!

Sherman Oaks, San Fernando Valley  -  Announcing 301-14538 Benefit Street, a 1,758 sq. ft., 2 bath, 2 bdrm single story. Is now  MLS® SALE PENDING $619,000 - South Of Ventura.

Property information

Open House in West Toluca Lake on Sunday

West Toluca Lake, San Fernando Valley  -  We invite everyone to visit our open house at 120-11110 Camarillo St on July 25 from 2:00 PM to 5:00 PM.

Property information

New Listing #120-11110 Camarillo St in West Toluca Lake

West Toluca Lake, San Fernando Valley  -  Announcing our New Listing 120-11110 Camarillo St, a 1,049 sq. ft., 3 bath, 2 bdrm 3 story. Now $329,000 - Great Location.

Property information

Open House in West Toluca Lake on Sunday

West Toluca Lake, San Fernando Valley  -  We invite everyone to visit our open house at 11212 Kling Street on July 25 from 2:00 PM to 5:00 PM.

Property information

Luxury Penthouse South Of Ventura

2 Bedrooms and a Den

• 1,758 sq. ft., 2 bath, 2 bdrm single story - MLS® $619,000 - South Of Ventura

Sherman Oaks, San Fernando Valley  -  Stunning Spacious Luxury Penthouse - South of the Blvd. with Open Floor Plan, Dramatic High Ceilings and Dual Master Suites. Updated Kitchen with Granite and Stainless. Large Open Living Room with Romantic Marble Custom Fireplace and French Doors Leading to Large Wrap-Around Balcony with Brazilian Tile Flooring and Views. Large Master Bedroom with Walk-in Closet and Sumptuous Spa-Like Marble Bath with Jetted Tub and Bidet. Den Off Living Room with French Doors Leading to Large Wrap-Around Balcony. Formal Entry with Granite Flooring. Laundry in unit. Smaller, Well Maintained Complex with Spa on a Quiet Beautiful Tree-lined Street.

Property information

Single Story For Sale in West Toluca Lake

• 2 bath, 3 bdrm single story - $749,000 - Enchanting 1926 Spanish

West Toluca Lake, San Fernando Valley  -  “Enchanting. Charming. Beautiful.” These are the words used to describe this Pristine1926 Spanish 3 Bedroom/2 Bath house on a huge lot. From the moment you see the Captivating Xeriscaped Front Yard, with it’s disappearing Fountain, and Interlocking Pavers Driveway, you will fall in love. In Classic Spanish styling, this Charmer offers Rounded Archways, Beamed Ceilings, Hardwood Floors throughout, Original Light Fixtures and a Beautifully Landscaped Private Central Courtyard with a Fountain. The Large Living Room has a wall of French Doors overlooking the Central Courtyard, has a Beamed Ceiling, and Newly Tiled Gas Fireplace. The step-up Formal Dining Room has an Original Brass Chandelier and French Doors leading to the Courtyard. The Updated Rustic Eat-in Kitchen has Talavera Tiles, Spanish Archways, and Stainless Appliances. The Large Master Bedroom has a Cedar-Lined Walk-in Closet and French Doors leading out to the Large Backyard. The updated Laundry Room, with tons of Storage space and leads out the Beautifully Landscaped, Very Large, Backyard that has Avocado, Pomegranate, Lemon, Orange, Grapefruit and Fig trees, a Spanish-style Fountain, as well as an Unfinished Guesthouse/Office and Garden Shed. All upgrades were made to keep with the original styling of the house and era.

Property information

New Listing 4140 Warner Ave in Burbank

New listing in PRIME Burbank  -  Announcing a new listing 4140 Warner Ave, a 2 bath, 2 bdrm single story. Now $369,900 - Close to Studios and Toluca Lake Village .

Property information

12924 Bloomfield Street in Studio City

Studio City, San Fernando Valley  - A new listing at 12924 Bloomfield Street, a 1,350 sq. ft., 1 bath, 2 bdrm single story. Now MLS® $649,000 - Location! Location!.

Property information

Home sales highest since 2006 - Medium price up!

Southern California home sales rose in June to the highest level in 30 months as the number of deals above $500,000 continued to climb. Sales gains in June and a rise in the median sale price, indicates that  buyers are responding to price cuts on mid- to high-end homes and are finding it easier to get financing for pricier homes.

SOLD In 5 Days OVER asking!!!! 4937 Stern Ave in Sherman Oaks

Sherman Oaks, San Fernando Valley  -  Announcing 4937 Stern Ave, Sold in multiple offers for $45,000 OVER asking AND the buyer paid closing costs usually paid by the seller. Ask us how we did this!

Property information

New Listing In Winnetka

5-15027 Dickens Street in Sherman Oaks is Sold!

Sherman Oaks, San Fernando Valley  -  The townhouse at 5-15027 Dickens Street has been sold.

Property information

New Listing In Van Nuys

Sherman Oaks Adjacent Traditional Home on a Beautiful Tree Lined Street - First Time on the Market in 51 Years! Lovingly Maintained Traditional Home with 2 Bedrooms, Cozy Den (can be converted to Bedroom) with Fireplace, 1.5 Baths, Large Eat-in Kitchen, Formal Dine and Living Room with Fireplace. Beautiful Hardwood Floors in Living Room, Dining Room, Bedrooms, Den and Hallway. Broker's Open Friday, May 8, 11 am to 2 pm. Open House to the Public - Sunday, May 10, 2 - 5. Don't Miss this Opportunity!

Click Here For More SOUTHERN CALIFORNIA LISTINGS!!!!!

Click Here For More Infor On VAN NUYS CALIFORNIA

$8,000 Home Buyer Tax Credit Details

The American Recovery and Reinvestment Act of 2009 includes

• An $8,000 tax credit - up from $7,500 - for first-time home buyers for the purchase of a principal residence on or after January 1 and before December 1.
• The credit applies only to homes purchased during 2009.
• The credit does not have to be repaid if you do not resell within three years. 
• The credit will be used as a tax deduction to reduce the buyer's income tax liability. A refund check will be issued to the buyer for any unused credit.
• Purchaser and purchaser's spouse may not have owned a principal residence within the three years prior to purchase.
• The full amount of the credit is available to individuals with a gross adjusted income of no more than $75,000 or $150,000 if a joint return is filed. The credit phases out above those caps ($95,000 and $170,000).
• Eligible properties include any single-family residence - including condominiums, co-ops or townhouses - that will be used as a principal residence.
• While most of the provisions are similar to the measure approved in 2008, there are some differences, such as: purchasers who utilize revenue bond financing now can use the credit.
• A provision of the bill also provides $2 billion in additional funding for the Neighborhood Stabilization Program. The NSP was created by the Housing and Economic Recovery Act of 2008 to offer grants through the Community Development Block Grant program to states and localities to address the problems that can be created when whole neighborhoods are decimated by foreclosures. The funds can be used to purchase, manage, repair and resell foreclosed and abandoned properties.

For more information  on the Recovery Act, contact your Realtor or go on-line to www.housingmarketfacts.com.

11135 Blix Ave. in West Toluca Lake is Sold!

West Toluca Lake, San Fernando Valley  -  The 2 story at 11135 Blix Ave. has been sold.

Property information