NOT LISTED FOR SALE

Estimated Value: $2,006,273 - $3,009,000

5 Beds
3.5 Baths
3,973 Sq Ft
$611/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $2,050,000 $516 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $14,285/month

15 Days on Market

Highlights

  • In Ground Pool
  • Solar Power System
  • Gated Parking
  • North Hollywood Senior High School Rated A
  • Primary Bedroom Suite
  • Traditional Architecture

About This Home

As of March 2024

Presenting a custom built, classic 2-story American traditional in the most sought after pocket in Valley Village: An idyllic, picturesque tree lined neighborhood and wonderful community to call home! The gated exterior offers wonderful curb appeal and a warm welcome. Inside, freshly painted interiors showcase a flexible floor plan that flows with ease designed for comfortable, relaxed living and entertaining. Rich, espresso wood floors grace the living areas. The eat-in kitchen with adjoining breakfast and dining room offers the perfect space for friend and family gatherings. Access doors from the kitchen and family room lead to a private backyard oasis where the expansive covered patio, pool, spa and outdoor BBQ contribute to the coveted Southern California lifestyle of endless al fresco leisure and outdoor entertaining. Highlights include a solar panel system, detached playhouse, attached finished garage/office, and easy access 1,226 SQ.FT. FINISHED BASEMENT: A rare and fantastic multi-use flex space offering a myriad of possibilities for a home office, playroom, wine room, studio, media room, 6th bedroom, guest space and more! Five well-proportioned bedrooms including a lux primary suite with wood floors, private terrace, walk-in closets and spa bath round out the comfortable accommodations. Centrally located less than a block from the award winning Colfax Charter Elementary School and just moments from CBS, NBC, Disney, Warner Bros. and Universal Studios, beloved Valley Village park and the famed NoHo Arts District. This is the place where you want to live. Welcome!

Last Agent to Sell the Property

Michael Okun

Sotheby's International Realty License #01430979 Listed on: 01/16/2024

Sotheby's International Realty

Last Buyer's Agent

Robin Gaur

Compass License #01832992

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,665

Year Built

  • Built in 1983

Lot Details

  • 7,804 Sq Ft Lot
  • Lot Dimensions are 60x130
  • Fenced Yard
  • Gated Home
  • Front Yard
  • Property is zoned LAR1

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,973 Sq Ft Home
  • 2-Story Property
  • Free Standing Fireplace
  • French Doors
  • Separate Family Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Wood Flooring
  • Laundry in Garage
  • Basement

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Powder Room

Parking

  • 2 Parking Spaces
  • Gated Parking

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Shed

Additional Features

  • Solar Power System
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2354-009-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,665

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3973
  • Lot Acreage: 0.1792
  • Lot Dimensions: 60x130
  • Stories: 2
  • Year Built: 1983
  • Number Of Photos: 53
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Free Standing
  • Flooring: Wood
  • Bedrooms: 5
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: Master Suite, All Bedrooms Up
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: In Kitchen, Formal Dining Rm, Breakfast Room
  • Laundry: Garage
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Solar Panels, Refrigerator, Range/Oven, Garbage Disposal, Dishwasher
  • Price Per S Q F T: 553.74

Exterior Features

  • Other Features: Balcony, French Doors
  • Other Structures: Shed(s)
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Gated, Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessor Parcel Number: 2354-009-003
  • Lot Description: Fenced Yard, Front Yard, Sidewalks
  • Lot Size Area: 7804

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Feb 1, 2024
Sold by
Loudermilk Roland E and Loudermil Margit
Bought by
Patel Hiral and Vadan-Patel Karishma C
Seller's Agent
Michael Okun
Sotheby's International Realty
Buyer's Agent
Robin Gaur
Compass
List Price
$2,200,000
Sold Price
$2,050,000
Premium/Discount to List
-$150,000
-6.82%
Views
59
Current Estimated Value
$2,428,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,068
Avg. Annual Appreciation
12.40%
Original Mortgage
$1,640,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2008
Sold by
Loudermilk Roland E and Loudermilk Margit
Bought by
Loudermilk Roland E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2003
Sold by
Loudermilk Roland E and Loudermilk Margit
Bought by
Loudermilk Roland E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
5.73%

Purchase Details

Closed on
Jun 13, 2001
Sold by
Loudermilk Roland Edward and Loudermilk Margit
Bought by
Loudermilk Roland E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.87%
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
Patel Hiral $2,050,000 Fidelity National Title
Loudermilk Roland E -- Fidelity Van Nuys
Loudermilk Roland E -- Fidelity Van Nuys
Loudermilk Roland E -- Fidelity
Loudermilk Roland E -- --
Loudermilk Roland E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Hiral $1,999,000
Closed Patel Hiral $1,640,000
Previous Owner Roland E Loudermilk E $46,077
Previous Owner Loudermilk Roland E $401,000
Previous Owner Loudermilk Roland E $409,000
Previous Owner Loudermilk Roland E $417,000
Previous Owner Loudermilk Roland E $295,000
Previous Owner Loudermilk Roland E $295,200
Previous Owner Loudermilk Roland E $296,000
Previous Owner Loudermilk Roland Edward $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2024 03/07/24 Sold $2,050,000 -6.8% $516 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $2,200,000 -- $554 / 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 $12,665 $2,091,000 $1,531,224 $559,776
2024 $12,665 $1,025,099 $715,780 $309,319
2023 $6,812 $537,280 $115,235 $422,045
2022 $6,501 $526,746 $112,976 $413,770
2021 $6,403 $516,418 $110,761 $405,657
2019 $6,213 $501,103 $107,477 $393,626
2018 $6,098 $491,278 $105,370 $385,908
2016 $5,793 $472,203 $101,279 $370,924
2015 $5,709 $465,111 $99,758 $365,353
2014 $5,732 $456,001 $97,804 $358,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-339761

The MLS

APN: 2354-009-003