NOT LISTED FOR SALE

11230 Valley Spring Ln Studio City, CA 91602

Estimated Value: $2,153,296 - $2,369,000

3 Beds
2.5 Baths
2,068 Sq Ft
$1,087/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $1,915,000 $926 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $14,003/month

15 Days on Market

Highlights

  • Sound Studio
  • Primary Bedroom Suite
  • Updated Kitchen
  • Rio Vista Elementary Rated A-
  • City Lights View
  • 3-minute walk to Woodbridge Park

About This Home

As of March 2022

Welcome to the most sought after neighborhood in Studio City! This historic 3 bedroom, 2.5 bath 1927 period home in Woodbridge Park is one of many multi-million dollar properties nearby trendy Aroma Cafe and shops in Tujunga Village, and was voted by LA Magazine as one of the best neighborhoods in LA. This elegant home features soaring ceilings, hardwood floors, large windows, sunroom, and formal dining room with French doors opening to a charming patio. This spacious chef’s kitchen has been completely remodeled with quartz counters, stainless steel appliances and ample breakfast bar. Other features include newly remodeled designer bathrooms with Carrara marble and Restoration Hardware light fixtures, central HVAC, as well as a laundry/mud room with new W&D. Enjoy an appx. 300 sq. ft. bonus room/office/music room/possible ADU behind garage with AC. Private, grassy backyard with patio and mature trees, easy access to studios, freeways, and restaurants on Ventura Blvd. Truly a gorgeous home to fall in love in with!

Last Agent to Sell the Property

Brian Edwards

PAK HOME REALTY License #01924128 Listed on: 01/17/2022

PAK HOME REALTY

Last Buyer's Agent

Tracy Do

Coldwell Banker Realty License #01350025

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,294

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 7,499 Sq Ft Lot
  • Rectangular Lot
  • Front and Back Yard Sprinklers
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Property Views

  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Spanish Architecture
  • Turnkey
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,068 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Sound Studio
  • Workshop
  • Home Security System
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Self-Closing Drawers and Cabinet Doors

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Schools

  • Carpenter Elementary School
  • Walter Reed Middle School
  • North Hollywood High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 219
  • Tax Tract Number 9216
  • Assessor Parcel Number 2366016020
  • $366 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,294

Year Built

Built in 1927 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained, Paved
  • Security: Security System
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Spanish
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2366016020
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2068.00 Square Feet
  • Interior Amenities: High Ceilings, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 926.02
  • Room Type: All Bedrooms Down, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Office, Sound Studio, Workshop
  • Window Features: Double Pane Windows
  • Bathroom Features: Remodeled
  • Room Kitchen Features: Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: City Lights, Mountain(s), Neighborhood
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage - Two Door
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified
  • Elementary School: Carpenter
  • Middle School: Walter Reed
  • High School: North Hollywood
  • Elementary School: Carpenter
  • High School: North Hollywood
  • Middle Or Junior School: Walter Reed
  • Elementary School #2: CARPEN
  • High School2: NORHOL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Rectangular Lot, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 7499.00
  • Lot Size Acres: 0.1722

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7499.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1432.00
  • Tax Lot: 219
  • Tax Tract Number: 9216
  • TaxOtherAnnualAssessmentAmount: 366.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2022
Closed on
Mar 1, 2022
Sold by
Abramowitz Benjamin
Bought by
Shukert Rachel P
Seller's Agent
Brian Edwards
PAK HOME REALTY
Buyer's Agent
Tracy Do
Coldwell Banker Realty
List Price
$1,895,000
Sold Price
$1,915,000
Premium/Discount to List
$20,000
1.06%
Current Estimated Value
$2,198,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,346
Avg. Annual Appreciation
4.75%
Original Mortgage
$1,532,000
Outstanding Balance
$1,432,904
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$814,420

Purchase Details

Listed on
Jan 17, 2022
Closed on
Feb 17, 2022
Sold by
Ward Amy
Bought by
Shukert Rachel
Seller's Agent
Brian Edwards
PAK HOME REALTY
Buyer's Agent
Tracy Do
Coldwell Banker Realty
List Price
$1,895,000
Sold Price
$1,915,000
Premium/Discount to List
$20,000
1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,532,000
Outstanding Balance
$1,432,904
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$814,420

Purchase Details

Listed on
Sep 26, 2016
Closed on
Oct 19, 2016
Sold by
Newport Kathleen
Bought by
Ward Amy
Seller's Agent
Gary Steinberg
Compass
Buyer's Agent
Roger Drakes
Drakes Estates
List Price
$1,190,000
Sold Price
$1,175,000
Premium/Discount to List
-$15,000
-1.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%

Purchase Details

Closed on
Oct 7, 2008
Sold by
Newport Kathleen
Bought by
Newport Kathleen and Kathleen Newport Revocable Trust
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
Shukert Rachel P -- First American Title Company O
Shukert Rachel $1,915,000 First American Title Company O
Ward Amy $1,175,000 Lawyers Title
Newport Kathleen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shukert Rachel P $1,532,000
Closed Shukert Rachel $1,532,000
Previous Owner Newport Kathleen $185,500
Previous Owner Newport Kathleen $200,000
Previous Owner Newport Kathleen $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $1,915,000 +1.1% $926 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $1,895,000 0.0% $916 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $1,895,000 +61.3% $916 / Sq Ft
10/31/2016 10/31/16 Sold $1,175,000 -1.3% $568 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
09/26/2016 09/26/16 For Sale $1,190,000 -- $575 / 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 $24,294 $2,032,211 $1,625,769 $406,442
2024 $24,294 $1,992,365 $1,593,892 $398,473
2023 $23,820 $1,953,300 $1,562,640 $390,660
2022 $15,362 $1,285,031 $1,028,026 $257,005
2021 $15,175 $1,259,835 $1,007,869 $251,966
2019 $14,721 $1,222,470 $977,976 $244,494
2018 $14,628 $1,198,500 $958,800 $239,700
2016 $4,366 $351,580 $97,788 $253,792
2015 $4,303 $346,300 $96,320 $249,980
2014 $4,323 $339,518 $94,434 $245,084
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22005475

California Regional Multiple Listing Service (CRMLS)

APN: 2366-016-020