NOT LISTED FOR SALE

11989 Laurelwood Dr Unit 2 Studio City, CA 91604

Estimated Value: $1,072,036 - $1,513,000

3 Beds
3 Baths
1,976 Sq Ft
$350/mo HOA Fee

Last Sold December 16, 2016

Last sale price $825,000 $418 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $7,678/month

8 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • Wood Flooring
  • North Hollywood Senior High School Rated A
  • Contemporary Architecture
  • Sauna

About This Home

As of December 2016

Newer (2004) Townhouse style layout with a rare 3 bedrooms. Located in a convenient location that is Westside close and within walking distance to many restaurants, The Studio City Farmer's Market, Trader Joe's and shops. Apx. 2000 sq. ft. with no one above or below you and low HOA dues. The unit has hardwood flooring, many owner upgrades and spacious rooms making it feel more like a house. The kitchen features top of the line appliances like the Viking Stove and custom counter tops. The unit has lots of natural light from the many windows throughout that feature plantation shutters. The unit has multiple walk-in closets and a separate private storage room too. Hardwood throughout entire house and high ceilings. 2 car parking & guest parking on site. Complex has only 6 units. This is the closest any condo can come to feeling like a single family home with a large rear yard, Gym & Sauna. Located a block from Carpenter School.

Last Agent to Sell the Property

Kevin Driscoll

Coldwell Banker Realty License #01270052 Listed on: 11/17/2016

Coldwell Banker Realty

Last Buyer's Agent

Robert Lee Walters

Leland Properties License #01052638

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,539

Year Built

  • Built in 2004

Lot Details

  • 10,454

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,976 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 2 Car Garage
  • Gated Parking
  • Guest Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2369-017-037

Community Details

Overview

  • 6 Units
  • Maintained Community

Amenities

  • Picnic Area
  • Sauna
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,539

Year Built

Built in 2004

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Newer (2004) Townhouse style layout with a rare 3 bedrooms. Located in a convenient location that is Westside close and within walking distance to many restaurants, The Studio City Farmer's Market, Trader Joe's and shops. Apx. 2000 sq. ft. with no one above or below you and low HOA dues. The unit has hardwood flooring, many owner upgrades and spacious rooms making it feel more like a house. The kitchen features top of the line appliances like the Viking Stove and custom counter tops. The unit has lots of natural light from the many windows throughout that feature plantation shutters. The unit has multiple walk-in closets and a separate private storage room too. Hardwood throughout entire house and high ceilings. 2 car parking & guest parking on site. Complex has only 6 units. This is the closest any condo can come to feeling like a single family home with a large rear yard, Gym & Sauna. Located a block from Carpenter School.
  • Complex Name: N/A
  • Entry Floor: 1
  • Living Area: 1976
  • Planned Urban Dev: 1
  • Year Built: 2004
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 3.00
  • Equipment: Cable, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Network Wire
  • Fireplace: Yes
  • Price Per S Q F T: 417.51

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Parking for Guests, Parking for Guests - Onsite

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Card/Code Access

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Controlled Access, Exercise Room, Extra Storage, Fitness Center, Gated Parking, Guest Parking, Picnic Area, Sauna
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 350.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2369-017-037
  • Geocode Override: No
  • Lot Size Area: 10575

Multi Family

  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2016
Closed on
Nov 27, 2016
Sold by
Barnes Christopher
Bought by
Horn Steven J and Horn Cheryl D
Seller's Agent
Kevin Driscoll
Coldwell Banker Realty
Buyer's Agent
Robert Lee Walters
Leland Properties
List Price
$825,000
Sold Price
$825,000
Current Estimated Value
$1,216,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,259
Avg. Annual Appreciation
4.48%
Original Mortgage
$618,750
Outstanding Balance
$498,620
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$717,639

Purchase Details

Listed on
Jul 22, 2015
Closed on
Oct 2, 2015
Sold by
Bushell Virginia Ann
Bought by
Barnes Christopher
Seller's Agent
Gene Bush
Coldwell Banker Realty
Buyer's Agent
Gene Bush
Coldwell Banker Realty
List Price
$899,000
Sold Price
$825,000
Premium/Discount to List
-$74,000
-8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$425,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2015
Closed on
Sep 4, 2015
Sold by
Codding G David and G Codding Living Trust Of 2009
Bought by
Barnes Christopher
Seller's Agent
Gene Bush
Coldwell Banker Realty
Buyer's Agent
Gene Bush
Coldwell Banker Realty
List Price
$899,000
Sold Price
$825,000
Premium/Discount to List
-$74,000
-8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2012
Closed on
Nov 6, 2012
Sold by
Foran Kelly and Tse Miranda
Bought by
Codding G David and G David Codding Living Trust
Seller's Agent
Joshua Weinroth
Keller Williams Realty-Studio City
Sold Price
$570,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.65%

Purchase Details

Closed on
Jan 12, 2005
Sold by
Laurelwood Apt Inc
Bought by
Foran Kelly and Tse Miranda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2004
Sold by
Laurelwood Development Llc
Bought by
Laurelwood Apt Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
5.97%
Mortgage Type
Credit Line Revolving
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
Horn Steven J $825,000 Ticor Title Company
Barnes Christopher -- Equity Title Company
Barnes Christopher $825,000 Equity Title Company
Codding G David $570,000 American Coast Title Company
Foran Kelly $665,000 Chicago Title Co
Laurelwood Apt Inc $625,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horn Steven J $618,750
Previous Owner Barnes Christopher $425,000
Previous Owner Foran Kelly $532,000
Previous Owner Laurelwood Apt Inc $7,000,000
Closed Foran Kelly $99,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2016 12/16/16 Sold $825,000 0.0% $418 / Sq Ft
11/17/2016 11/17/16 For Sale $825,000 0.0% $418 / Sq Ft
10/08/2015 10/08/15 Sold $825,000 -8.2% $418 / Sq Ft View Prior Sale
07/22/2015 07/22/15 For Sale $899,000 +57.7% $455 / Sq Ft
11/16/2012 11/16/12 Sold $570,000 -- $288 / Sq Ft View Prior Sale
11/01/2012 11/01/12 Pending -- -- --
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 $11,539 $957,475 $621,607 $335,868
2024 $11,402 $938,702 $609,419 $329,283
2023 $11,178 $920,297 $597,470 $322,827
2022 $10,652 $902,253 $585,755 $316,498
2021 $10,516 $884,563 $574,270 $310,293
2020 $10,622 $875,494 $568,382 $307,112
2019 $10,196 $858,329 $557,238 $301,091
2018 $10,155 $841,500 $546,312 $295,188
2016 $9,973 $825,000 $400,000 $425,000
2015 $7,102 $584,027 $319,678 $264,349
2014 $7,127 $572,587 $313,416 $259,171
Source: Public Records

Agents Affiliated with this Home

  • Kevin Driscoll

    Seller's Agent in 2016

    Kevin Driscoll

    Coldwell Banker Realty

    (818) 398-0797

    4 in this area

    26 Total Sales

    Kevin Driscoll
    Section Image
  • Robert Lee Walters

    Buyer's Agent in 2016

    Robert Lee Walters

    Leland Properties

    (818) 384-6004

    6 in this area

    20 Total Sales

    Robert Lee Walters
    Section Image
  • Gene Bush

    Seller's Agent in 2015

    Gene Bush

    Coldwell Banker Realty

    (310) 657-5050

    3 in this area

    25 Total Sales

    Gene Bush
    Section Image

  • J

    Seller's Agent in 2012

    Joshua Weinroth

    Keller Williams Realty-Studio City

    (818) 224-4920

    5 Total Sales

    Joshua Weinroth
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 16-181172

The MLS

APN: 2369-017-037

California Los Angeles County Studio City 91604

11989 Laurelwood Dr Unit 2, Studio City, CA

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