NOT LISTED FOR SALE

11131 Mountcastle Dr Studio City, CA 91604

Estimated Value: $4,639,000 - $7,031,000

5 Beds
7 Baths
6,528 Sq Ft
$862/Sq Ft Est. Value

Last Sold September 19, 2013

Last sale price $2,785,000 $427 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $32,923/month

46 Days on Market

Highlights

  • Filtered Pool
  • Sauna
  • Panoramic View
  • Rio Vista Elementary Rated A-
  • Primary Bedroom Suite
  • 0.54 Acre Lot

About This Home

As of September 2013

REDUCED $200,000. PRICED FOR IMMEDIATE SALE! THIS IS A STEAL!!! AMAZING VIEWS, location, luxury, lifestyle... you’ll find it all in this custom built Mediterranean Villa located in the most desirable area south of boulevard in Studio City. The multi level design includes a main floor comprised of a large living room with high ceilings, an elegant family room, formal dining and spacious kitchen with stainless appliances, and breakfast area with views of the world. The master suite has a fireplace, private balcony, walk in closet, and a gorgeous master bath. Lower level offers entertainers dream: extra large game room, full wet bar, sauna, bedroom and full bath, large terraces and pool with spa and water fountain. Customized detailing and the finest in craftsmanship throughout including custom iron work, marble and wood flooring, granite counter tops, dual pane windows, saunas, central vacuum system,6 full balconies, grand split staircase, fireplaces. GREAT HOME. Incredible Value!!

Last Agent to Sell the Property

Harry Kapukchyan

HPD Realty Corp. License #01832956 Listed on: 06/17/2013

Co-Listed By

Rita Zajic

Beverly and Company License #01727348

Last Buyer's Agent

Harry Kapukchyan

HPD Realty Corp. License #01832956 Listed on: 06/17/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 0.54 Acre Lot
  • Cul-De-Sac
  • South Facing Home
  • Wrought Iron Fence

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Three Garage Doors

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills
  • Pool
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 6,528 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Cathedral Ceiling
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Custom Window Coverings
  • Window Screens
  • Double Door Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Library
  • Storage
  • Laundry Room
  • Sauna
  • Center Hall

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 7 Full Bathrooms

Home Security

  • Alarm System
  • Intercom
  • Fire and Smoke Detector

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Waterfall Pool Feature

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities
  • Security Guard

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 22338
  • Assessor Parcel Number 2380012007

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Fire and Smoke Detection System, Guarded, Smoke Detector(s), Security System, Wired for Alarm System
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2380012007
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6528.00
  • Interior Amenities: Built-in Features, Balcony, Cathedral Ceiling(s), Copper Plumbing Full, Granite Counters, Intercom, Living Room Balcony, Pantry, Recessed Lighting, Storage, Sunken Living Room, Vacuum Central, Wet Bar
  • Stories: 4
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile
  • Appliances: Yes
  • Full Bathrooms: 7
  • Total Bedrooms: 5
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Gas Starter, Living Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 426.62
  • Room Type: All Bedrooms Up, Center Hall, Den, Family Room, Formal Entry, Foyer, Library, Master Bedroom, Master Suite, Walk-In Closet, Separate Family Room
  • Spa Features: Heated, In Ground
  • Window Features: Custom Covering, Double Pane Windows, Screens

Exterior Features

  • Direction Faces: South
  • Other Structures: Sauna Private
  • Exterior Features: Lighting, Rain Gutters
  • View: City Lights, Hills, Mountain(s), Neighborhood, Panoramic, Pool
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Features: Filtered, Heated, In Ground, Private, Waterfall
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central, Zoned
  • Laundry Features: Common Area, Inside
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 23679.00
  • Lot Size Acres: 0.5440

Multi Family

  • Lease Considered: No
  • Lot Size Area: 23679.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 29
  • Tax Tract Number: 22338

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2018
Sold by
Pambuckchyan Christina A
Bought by
Pambuckchyan Haik
Current Estimated Value
$5,628,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,150
Outstanding Balance
$2,827
Interest Rate
6.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,626,077

Purchase Details

Closed on
Jul 9, 2014
Sold by
Pambuckchyan Gina
Bought by
Pambuckchyan Haik

Purchase Details

Listed on
Jun 17, 2013
Closed on
Sep 16, 2013
Sold by
Pambuckchyan Harry B
Bought by
Pambuckchyan Gina
Seller's Agent
Harry Kapukchyan
HPD Realty Corp.
Buyer's Agent
Harry Kapukchyan
HPD Realty Corp.
List Price
$3,199,000
Sold Price
$2,785,000
Premium/Discount to List
-$414,000
-12.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$835,500
Interest Rate
4.36%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Jun 17, 2013
Closed on
Aug 7, 2013
Sold by
Balian Hakop Jack
Bought by
Pambuckchayn Haik and Pambuckchyan Gina
Seller's Agent
Harry Kapukchyan
HPD Realty Corp.
Buyer's Agent
Harry Kapukchyan
HPD Realty Corp.
List Price
$3,199,000
Sold Price
$2,785,000
Premium/Discount to List
-$414,000
-12.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$835,500
Interest Rate
4.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 29, 2008
Sold by
Balian Hakop Jack and Balian Hakop
Bought by
Balian Hakop Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,490,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2008
Sold by
Balian Hakop and Balian Vardouhi
Bought by
Balian Hakop0

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,490,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2003
Sold by
Balian Hakop Jack and Balian Vardouhi
Bought by
Balian Hakop Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 24, 2002
Sold by
Balian Hakop Jack and Balian Vardouhi
Bought by
Balian Hakop Jack
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pambuckchyan Haik -- Fidelity National Title Grou
Pambuckchyan Haik -- None Available
Pambuckchyan Gina -- Title 365
Pambuckchayn Haik $2,785,000 Title 365
Balian Hakop Jack -- First American Title Ins Co
Balian Hakop0 -- First American Title Ins Co
Balian Hakop -- First American Title Ins Co
Balian Hakop Jack -- --
Balian Hakop Jack -- Landamerica Lawyers Title Co
Balian Hakop Jack -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pambuckchyan Haik $3,150
Closed Pambuckchyan Gina $835,500
Closed Pambuckchayn Haik $835,500
Previous Owner Balian Hakop $1,490,000
Previous Owner Balian Hakop Jack $1,050,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2013 09/19/13 Sold $2,785,000 -12.9% $427 / Sq Ft
08/02/2013 08/02/13 Pending -- -- --
06/17/2013 06/17/13 For Sale $3,199,000 -- $490 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $41,177 $3,414,019 $1,455,584 $1,958,435
2024 $41,177 $3,347,079 $1,427,044 $1,920,035
2023 $40,380 $3,281,451 $1,399,063 $1,882,388
2022 $38,531 $3,217,110 $1,371,631 $1,845,479
2021 $38,052 $3,154,031 $1,344,737 $1,809,294
2019 $36,848 $3,060,482 $1,304,852 $1,755,630
2018 $36,530 $3,000,473 $1,279,267 $1,721,206
2016 $34,878 $2,883,963 $1,229,593 $1,654,370
2015 $34,366 $2,840,644 $1,211,124 $1,629,520
2014 $34,466 $2,785,000 $1,187,400 $1,597,600
Source: Public Records

Agents Affiliated with this Home

  • Harry Kapukchyan

    Seller's Agent in 2013

    Harry Kapukchyan

    HPD Realty Corp.

    (818) 448-1726

    28 Total Sales

    Harry Kapukchyan
    Section Image

  • R

    Seller Co-Listing Agent in 2013

    Rita Zajic

    Beverly and Company

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13029150

California Regional Multiple Listing Service (CRMLS)

APN: 2380-012-007

California Los Angeles County Studio City 91604

11131 Mountcastle Dr, Studio City, CA

Not Listed for Sale

Detached

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