NOT LISTED FOR SALE

11550 Valley Spring Ln Studio City, CA 91604

Studio City Area

Estimated Value: $2,979,000 - $4,105,000

6 Beds
4 Baths
4,405 Sq Ft
$780/Sq Ft Est. Value

Sale Details

Date Sold: May 17, 2019

Last sale price $2,198,500 $499 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $21,200 / mo

29 Days on Market

Highlights

  • Cabana
  • Primary Bedroom Suite
  • Open Floorplan
  • North Hollywood Senior High School Rated A
  • Updated Kitchen
  • View of Hills

About This Home

As of May 2019

Crowning an expansive, quarter acre lot in the celebrated enclave of Colfax Meadows an exemplary lifestyle awaits. The stately, gated exterior is a refined fusion of stone & eco-friendly landscaping. Interiors features elements of fine artistic design with intelligent form & function ideal for the entertainer. Natural light pours in from glass walls & skylights. Floors espresso planked wood & tumbled travertine. Baths are dressed in fine lighting, fixtures & finishes. The kitchen opens to the family room providing a platform for constant culinary creating & the entertaining of friends & family. Adorned with custom cabinetry, cook top granite island, dual ovens & rich bronze appliances. The outdoor entertainment pavilion & terrace areas create an ideal venue for warm, relaxed poolside lounging by day; cool gatherings & lavish parties by night. Amenities include expansive walk-in closets, multi-car motor court, solar panel system, detached studio space, & massive easily accessible attic. Six bedrooms in all, including a lux master suite round out the comfortable accommodations. Located in what LA Magazine named One of the Ten Best Neighborhoods in LA, in the Carpenter Charter School District & moments to Woodbridge Park, major studios & the Tujunga Village.

Last Agent to Sell the Property

Michael Okun

Sotheby's International Realty License #01430979 Listed on: 04/01/2019

Sotheby's International Realty

Last Buyer's Agent

Michael Okun

Sotheby's International Realty License #01430979 Listed on: 04/01/2019

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 10,275 Sq Ft Lot
  • Corner Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Parking Available
  • Workshop in Garage
  • Driveway

Property Views

  • Hills
  • Pool

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Turnkey

Interior Spaces

  • 4,405 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Track Lighting
  • Two Way Fireplace
  • See Through Fireplace
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • Maid or Guest Quarters
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower

Pool

  • Cabana
  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Terrace

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 9082
  • Assessor Parcel Number 2368014037

Home Details

Home Type

Single Family

Year Built

Built in 1940 | Remodeled

Lot Details

10,275 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Contemporary, Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2368014037
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4405.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting, Track Lighting, Wet Bar
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors, Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Retreat, See Through, Two Way
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 499.09
  • Room Type: Bonus Room, Den, Family Room, Guest/Maid's Quarters, Laundry, Living Room, Master Suite, Office, Walk-In Closet
  • Spa Features: Private, In Ground
  • Window Features: Skylight(s)
  • Bathroom Features: Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Hills, Pool
  • Patio And Porch Features: Cabana, Covered, Patio Open, Terrace
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Workshop in Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Gas Cooktop, Refrigerator
  • 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: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10275.00
  • Lot Size Acres: 0.2359

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10275.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1436.02
  • Tax Lot: 4
  • Tax Tract Number: 9082

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
Mar 18, 2019
Sold by
Bought by
Seller's Agent
Michael Okun
Sotheby's International Realty
Buyer's Agent
Michael Okun
Wish Sotheby's International Realty
List Price
$2,395,000
Sold Price
$2,198,500
Premium/Discount to List
-$196,500
-8.2%
Current Estimated Value
$3,435,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,237,459
Avg. Annual Appreciation
6.40%

Purchase Details

Closed on
Jul 12, 2017
Sold by
Bought by

Purchase Details

Closed on
Apr 22, 2017
Sold by
Bought by

Purchase Details

Closed on
Oct 29, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,041,600
Interest Rate
0.0625%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,041,600
Interest Rate
0.0625%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,198,500 First Amer Ttl Co Los Angele
-- None Available
-- Accommodation
$1,488,000 Equity Title Company
-- Equity Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $916,500
Previous Owner $925,000
Previous Owner $951,500
Previous Owner $1,041,600
Previous Owner $1,041,600
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/17/2019 05/17/19 Sold $2,198,500 -8.2% $499 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $2,395,000 -- $544 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $29,741 $2,452,464 $1,791,186 $661,278
2024 $29,462 $2,404,377 $1,756,065 $648,312
2023 $28,889 $2,357,233 $1,721,633 $635,600
2022 $27,543 $2,311,014 $1,687,876 $623,138
2021 $27,201 $2,265,701 $1,654,781 $610,920
2019 $5,750 $1,717,752 $908,746 $809,006
2018 $20,433 $1,684,072 $890,928 $793,144
2016 $19,514 $1,618,680 $856,333 $762,347
2015 $19,226 $1,594,367 $843,471 $750,896
2014 $19,282 $1,563,136 $826,949 $736,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19057205

California Regional Multiple Listing Service (CRMLS)

APN: 2368-014-037

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