NOT LISTED FOR SALE

11521 Valley Spring Ln Studio City, CA 91604

Estimated Value: $2,377,226 - $2,855,000

4 Beds
3.5 Baths
2,384 Sq Ft
$1,053/Sq Ft Est. Value

Last Sold March 25, 2015

Last sale price $1,530,000 $642 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $14,978/month

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • Rio Vista Elementary Rated A-
  • Updated Kitchen
  • Traditional Architecture

About This Home

As of March 2015

Style, form & function come together beautifully in this newly renovated & expanded classic American Traditional set in the esteemed enclave of Colfax Meadows, named by L.A. Magazine as One of the Ten Best Neighborhoods in L.A. With a reverence for the home’s original charm & character, an exceptional restoration, re-engineering & re-imagining was completed, incorporating stylish modern amenities for today’s lifestyle. No expense spared, no detail overlooked. An open floor plan thoughtfully designed for both the formal & informal entertainer. Elaborate baths are dressed in sleek tile & high-end lighting & fixtures. The kitchen is a culinary dream center for the cuisine artist appointed with Viking appliances & Caesarstone. Ideal for intimate gatherings or lavish entertaining, an array of outdoor brick terraces make this stunning pool home a sublime expression of modern California living. An array of amenities include built-in sound system, luxurious master suite, customized closets, & direct-access 2-car garage. Located moments from major studios, Ventura Boulevard & famed Tujunga Village, this residence of timeless appeal promises enhanced quality of life & enduring value for the fortunate new owners.

Last Agent to Sell the Property

Michael Okun

Sotheby's International Realty License #01430979 Listed on: 02/06/2015

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,121

Year Built

  • Built in 1937 | Remodeled

Lot Details

  • 7,712

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Turnkey

Interior Spaces

  • 2,384 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Wood Flooring
  • Pool Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Convection Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Patio
  • Terrace
  • Front Porch

Additional Features

  • 7,712 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 91
  • Tax Tract Number 94
  • Assessor Parcel Number 2365027018

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,121

Year Built

Built in 1937 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2365027018
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2384.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Balcony, Cathedral Ceiling(s), High Ceilings, Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Price Per Square Foot: 641.78
  • Room Type: Family Room, Great Room, Living Room, Master Suite
  • Spa Features: In Ground, Private
  • Window Features: Double Pane Windows, Skylight(s)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Pool
  • Patio And Porch Features: Brick, Porch, Front Porch, Patio, Terrace
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Double Oven, Dishwasher, Disposal, Gas Range, Range Hood, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Lot Size Sq Ft: 7712.00
  • Lot Size Acres: 0.1770

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7712.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 91
  • Tax Tract Number: 94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2018
Sold by
Soto Sabrina C
Bought by
Soto Sabrina and Sabrina Soto Revocable Living
Current Estimated Value
$2,509,557

Purchase Details

Listed on
Feb 6, 2015
Closed on
Feb 19, 2015
Sold by
Favre Susan Helen and Favre Philip Daniel
Bought by
Soto Sabrina
Seller's Agent
Michael Okun
Sotheby's International Realty
List Price
$1,495,000
Sold Price
$1,530,000
Premium/Discount to List
$35,000
2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$1,032,500
Outstanding Balance
$789,355
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$1,720,202

Purchase Details

Closed on
Nov 8, 2010
Sold by
Favre Philip Daniel and Favre Susan Helen
Bought by
Favre Susan Helen and Favre Philip Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,400
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2006
Sold by
Fishbein Gary and Fishbein Rachel
Bought by
Favre Philip Daniel and Favre Susan Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,100
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 1996
Sold by
Olsen Dana and Olsen Janet
Bought by
Fishbein Gary and Fishbein Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,900
Interest Rate
6.25%
Source: Public Records

Range of Values:

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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
Soto Sabrina -- None Available
Soto Sabrina $1,530,000 Fidelity
Favre Susan Helen -- First American Title Company
Favre Philip Daniel $1,093,500 Equity Title Company
Fishbein Gary $400,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Sabrina $1,032,500
Previous Owner Favre Susan Helen $481,400
Previous Owner Favre Philip Daniel $500,100
Previous Owner Fishbein Gary $359,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2015 03/25/15 Sold $1,530,000 +2.3% $642 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $1,495,000 -- $627 / 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 $22,121 $1,838,820 $1,226,963 $611,857
2024 $22,121 $1,802,765 $1,202,905 $599,860
2023 $21,691 $1,767,418 $1,179,319 $588,099
2022 $20,681 $1,732,764 $1,156,196 $576,568
2021 $20,429 $1,698,789 $1,133,526 $565,263
2019 $19,817 $1,648,404 $1,099,906 $548,498
2018 $19,694 $1,616,084 $1,078,340 $537,744
2016 $18,832 $1,553,331 $1,036,468 $516,863
2015 $15,081 $1,245,420 $974,979 $270,441
2014 $15,126 $1,221,025 $955,881 $265,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15025911

California Regional Multiple Listing Service (CRMLS)

APN: 2365-027-018