NOT LISTED FOR SALE

11138 Valley Spring Ln North Hollywood, CA 91602

Estimated Value: $2,644,000 - $3,072,000

3 Beds
3 Baths
2,330 Sq Ft
$1,193/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $2,322,500 $997 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $17,143/month

Highlights

  • Detached Guest House
  • In Ground Pool
  • Traditional Architecture
  • Rio Vista Elementary Rated A-
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of March 2023

SOLD BEFORE PROCESSING. Nestled in the most adorable pocket of Studio City, this 3 bedroom, 3 bathroom home is quite a gem!! This property features an expansive primary bedroom suite that leads out to the private oasis of a backyard with a saltwater pool, fountains and in-ground fire pit. Hardwood floors and recessed lighting throughout the formal dining and living room, warming drawers built in to the center island in the kitchen with custom cabinetry. Detached guest house. Close to restaurants and shopping.

Last Agent to Sell the Property

Craig Strong

Compass License #01450987 Listed on: 03/20/2023

Compass

Co-Listed By

Michael Bergin

Compass License #01845572

Last Buyer's Agent

Dennis Chernov

The Agency License #01850113

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,825

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80x140
  • North Facing Home
  • Fenced Yard
  • Rectangular Lot
  • Sprinklers on Timer
  • Back and Front Yard
  • Property is zoned LAR1

Home Design

  • Traditional Architecture
  • Turnkey

Interior Spaces

  • 2,330 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Drapes & Rods
  • Window Screens
  • French Doors
  • Sliding Doors
  • Entryway
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Brick
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Prewired Security
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway

Outdoor Features

  • In Ground Pool
  • Brick Porch or Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer in Street

Additional Features

  • Detached Guest House
  • Ground Level Unit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2366-017-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,825

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Ground Level, One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Living Area: 2330
  • Lot Acreage: 0.2571
  • Lot Dimensions: 80x140
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1940
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Mirrored Closet Door(s), Recessed Lighting, Storage Space, Turnkey
  • Fireplace Rooms: Living Room, Family Room
  • Flooring: Brick, Carpet, Cement, Hardwood, Tile
  • Appliances: Built-Ins, Cooktop - Gas, Double Oven, Microwave, Range Hood, Warmer Oven Drawer
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Fiberglass Shower Enclosure, Linen Closet, Shower and Tub, Remodeled, Tub With Jets, Tile
  • Three Quarter Bathrooms: 2
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Dining Area, In Kitchen, Kitchen Island
  • Kitchen Features: Counter Top, Island, Open to Family Room, Remodeled, Quartz Counters
  • Laundry: Laundry Area, Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 984.98
  • Windows: Drapes/Curtains, Screens

Exterior Features

  • Direction Faces: North
  • Other Features: French Doors, Rain Gutters, Sliding Glass Doors, Sprinkler System
  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Guest House: Detached
  • Patio: Brick, Concrete Slab, Patio Open
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Built-In Storage, Driveway, Door Opener, Garage Is Attached
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Exterior Security Lights, Smoke Detector, Prewired for alarm system
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 2366-017-005
  • Lot Description: Back Yard, Exterior Security Lights, Fenced Yard, Front Yard, Lot Shape-Rectangular, Street Lighting
  • Lot Size Area: 11198

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2024
Sold by
Loebner Rothbarth Drew and Loebner Vijay Karlekar
Bought by
Karlekar Rothbarth Family Trust and Rothbarth
Current Estimated Value
$2,780,442

Purchase Details

Listed on
Mar 20, 2023
Closed on
Feb 23, 2023
Sold by
Izod Christopher and Sharpe Melissa
Bought by
Rothbarth Drew Loebner and Karlekar Minal Vijay
Seller's Agent
Craig Strong
Compass
Buyer's Agent
Dennis Chernov
The Agency
List Price
$2,295,000
Sold Price
$2,322,500
Premium/Discount to List
$27,500
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$1,741,875
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2018
Closed on
Sep 4, 2018
Sold by
Dreith Dennis J and Dreith Leslieanne
Bought by
Izod Christopher and Sharpe Melissa
Seller's Agent
Scott Roberts
Coldwell Banker Realty
Buyer's Agent
Dalia Mitchell
LA Select Homes
List Price
$1,799,000
Sold Price
$1,750,000
Premium/Discount to List
-$49,000
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$850,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2002
Sold by
Charney Jordan and Charney Nancy
Bought by
Dreith Dennis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,200
Interest Rate
7.13%
Source: Public Records

Range of Values:

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Average Value
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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
Karlekar Rothbarth Family Trust -- None Listed On Document
Karlekar Rothbarth Family Trust -- None Listed On Document
Rothbarth Drew Loebner $2,322,500 Ticor Title
Izod Christopher $1,750,000 Ticor Title Company
Dreith Dennis J $689,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rothbarth Drew Loebner $1,741,875
Previous Owner Izod Christopher $850,000
Previous Owner Dreith Dennis J $466,200
Closed Dreith Dennis J $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2023 03/20/23 Sold $2,322,500 +1.2% $997 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $2,295,000 +31.1% $985 / Sq Ft
10/15/2018 10/15/18 Sold $1,750,000 -2.7% $751 / Sq Ft View Prior Sale
09/03/2018 09/03/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $1,799,000 -- $772 / Sq Ft
Source: The MLS

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 $28,825 $2,416,328 $1,933,063 $483,265
2024 $28,825 $2,368,950 $1,895,160 $473,790
2023 $22,826 $1,876,350 $1,501,081 $375,269
2022 $21,757 $1,839,560 $1,471,649 $367,911
2021 $21,493 $1,803,492 $1,442,794 $360,698
2019 $20,844 $1,750,000 $1,400,000 $350,000
2018 $13,153 $1,084,695 $519,338 $565,357
2016 $12,567 $1,042,576 $499,172 $543,404
2015 $12,382 $1,026,916 $491,674 $535,242
2014 $12,423 $1,006,801 $482,043 $524,758
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-252525

The MLS

APN: 2366-017-005