NOT LISTED FOR SALE

11547 Sunshine Terrace Studio City, CA 91604

Estimated Value: $2,001,000 - $2,489,668

3 Beds
3.5 Baths
2,597 Sq Ft
$845/Sq Ft Est. Value

Last Sold March 28, 2017

Last sale price $1,686,530 $649 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $13,813/month

107 Days on Market

Highlights

  • City View
  • Wood Flooring
  • No HOA
  • North Hollywood Senior High School Rated A
  • Modern Architecture
  • Den

About This Home

As of March 2017

Contemporary living awaits. Every detail was taken into consideration when remodeling this gorgeous Studio City view property. Located just south of Ventura Blvd, this gated, private home, blends aesthetics and function seamlessly. Enter into the main level where an open floor plan, wide plank oak flooring and northern facing views warmly welcome you in. Each bedroom features en suite bathrooms with impeccable finishes. Everything from the fixtures to the lush landscaping were done with high taste. A chef's kitchen, security cameras, built-in surround sound, Nest thermostat and two car garage all contribute to this complete package. The sprawling lower master retreat is loaded with two walk-in closets, large bathroom and separate office space/nursery/flex space. This beautiful home doubles as an entertainers dream as well as a comfortable getaway from life's quick pace. This move-in ready home is a must see.

Last Agent to Sell the Property

Kofi Nartey

Globl RED License #01404511 Listed on: 10/19/2016

Co-Listed By

Trevor Lambright

Compass License #01943018

Last Buyer's Agent

Leticia Vega

License #01454353

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,200

Year Built

  • Built in 1924

Lot Details

  • 7,556 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • City
  • Canyon

Home Design

  • Modern Architecture

Interior Spaces

  • 2,597 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Den
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2369-037-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,200

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 2597
  • Stories: 2
  • Year Built: 1924
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Gas Or Electric Dryer Hookup, Range/Oven
  • Price Per S Q F T: 673.47

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Canyon, City
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2369-037-012
  • Geocode Override: No
  • Lot Size Area: 7556

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2019
Sold by
Miller Darrell and Js Love Trust
Bought by
Serveau Sarah and Serveau Andrew
Current Estimated Value
$2,195,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,324,000
Outstanding Balance
$1,139,564
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,058,970

Purchase Details

Listed on
Oct 19, 2016
Closed on
Feb 24, 2017
Sold by
Nand Robert
Bought by
Miller Darrell and The Js Love Trust
Seller's Agent
Kofi Nartey
Globl RED
Buyer's Agent
Leticia Vega
List Price
$1,749,000
Sold Price
$1,686,530
Premium/Discount to List
-$62,470
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Original Mortgage
$1,210,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2014
Closed on
Oct 14, 2014
Sold by
Panasuk Mark and 11547 Sunshine Terrance Trust
Bought by
Nand Robert
Seller's Agent
Dennis Chernov
The Agency
List Price
$1,395,000
Sold Price
$1,500,000
Premium/Discount to List
$105,000
7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%
Original Mortgage
$1,200,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2013
Closed on
Aug 8, 2013
Sold by
M Pearson Properties Llc
Bought by
Panasuk Mark and 11547 Sunshine Terrace Trust
Seller's Agent
Dennis Chernov
The Agency
Buyer's Agent
Kevin Silver
Keller Williams Realty-Studio City
List Price
$549,900
Sold Price
$590,000
Premium/Discount to List
$40,100
7.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
119.05%
Original Mortgage
$450,000
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2010
Sold by
Pearson Mike
Bought by
M Pearson Properties Llc

Purchase Details

Closed on
Sep 15, 2008
Sold by
Freeman Linda N and The Hilja Nurmsen Trust
Bought by
Pearson Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
6.43%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 25, 2000
Sold by
Nurmsen Hilja
Bought by
Nurmsen Hilja and The Hilja Nurmsen Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Serveau Sarah $1,655,000 Lawyers Title
Miller Darrell $1,687,000 California Title Company
Nand Robert $1,500,000 Chicago Title Company
Panasuk Mark $590,000 Stewart Title Company
M Pearson Properties Llc -- None Available
Pearson Mike $460,000 North American Title
Nurmsen Hilja -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serveau Sarah $1,324,000
Previous Owner Miller Darrell $1,210,000
Previous Owner Nand Robert $1,200,000
Previous Owner Panasuk Mark $450,000
Previous Owner Pearson Mike $322,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2017 03/28/17 Sold $1,686,530 -3.6% $649 / Sq Ft
10/19/2016 10/19/16 For Sale $1,749,000 +16.6% $673 / Sq Ft
10/31/2014 10/31/14 Sold $1,500,000 +7.5% $596 / Sq Ft
10/20/2014 10/20/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $1,395,000 +136.4% $554 / Sq Ft
08/21/2013 08/21/13 Sold $590,000 +7.3% $482 / Sq Ft
08/07/2013 08/07/13 Pending -- -- --
07/30/2013 07/30/13 For Sale $549,900 -- $449 / 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 $22,200 $1,861,553 $1,194,915 $666,638
2024 $22,200 $1,825,053 $1,171,486 $653,567
2023 $21,177 $1,739,697 $1,148,516 $591,181
2022 $20,183 $1,705,587 $1,125,997 $579,590
2021 $19,935 $1,672,145 $1,103,919 $568,226
2019 $20,884 $1,754,634 $843,452 $911,182
2018 $20,822 $1,720,230 $826,914 $893,316
2016 $18,355 $1,522,874 $740,320 $782,554
2015 $18,081 $1,500,000 $729,200 $770,800
2014 $8,313 $590,000 $472,000 $118,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-172206

The MLS

APN: 2369-037-012