NOT LISTED FOR SALE

12050 Laurel Terrace Dr Studio City, CA 91604

Estimated Value: $2,635,000 - $2,903,000

4 Beds
4 Baths
2,968 Sq Ft
$919/Sq Ft Est. Value

Sale Details

Date Sold: March 10, 2021

Last sale price $2,185,500 $736 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $16,765 / mo

8 Days on Market

Highlights

  • Spa
  • Gourmet Kitchen
  • View of Trees or Woods
  • North Hollywood Senior High School Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of March 2021

Expanded & remodeled reinterpretation of a classic Robert Byrd California ranch-style home, hidden away on a semi-private drive high above the st. Hedged & gated, offering unusual privacy & a bucolic, natural setting in the heart of Studio City. The appx 3,000sf single-level home offers ideal flr plan: 4 bd, 4 ba, including a jr. master ste & luxurious master ste w/large spa-style bath, walk-in closet, vaulted wood beam ceiling, picture windows & French dr w/access to grounds & gardens. The home is anchored by a voluminous great room w/skylights & fp, which opens to frml din area, updated cook's kit w/stone counters & stainless appliances, brkfst bar & nook. Adj to the great rm is a charming den/library w/fp & floor-to-ceiling windows overlooking the lush landscaping. There is also a large gym/office/music studio/possible 5th bd w/separate entrance & bath. A one-of-a-kind setting w/grass, expansive patios, waterfall, fountain, hillside trail & towering trees make this a perfect retreat

Last Agent to Sell the Property

Tregg Rustad

Rodeo Realty License #01349144 Listed on: 01/20/2021

Rodeo Realty

Co-Listed By

Peter Maurice

Rodeo Realty License #01129738

Last Buyer's Agent

John Kostrey

Nourmand & Associates-HW License #01729039

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 15,662 Sq Ft Lot
  • Property fronts a private road
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Secluded Lot
  • Sprinkler System
  • Wooded Lot
  • Lawn
  • Back and Front Yard
  • Property is zoned LARE15

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Gravel Driveway

Home Design

  • Raised Foundation
  • Wood Siding
  • Quake Bracing
  • Stucco

Interior Spaces

  • 2,968 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Decorative Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • French Doors
  • Entryway
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Bonus Room
  • Wood Flooring
  • Views of Woods
  • Security Lights

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Built-In Barbecue
  • Rain Gutters

Utilities

  • Zoned Heating and Cooling
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 2376-016-029

Community Details

Overview

  • No Home Owners Association
  • Built by Robert Byrd

Amenities

  • Service Entrance

Home Details

Home Type

Single Family

Year Built

Built in 1940 | Remodeled

Lot Details

0.36 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Builder Name: Robert Byrd
  • Entry Location: Ground Level w/steps
  • Living Area: 2968
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Open Floor Plan, Recessed Lighting
  • Fireplace Rooms: Decorative, Family Room, Gas, Living Room, Patio
  • Flooring: Wood
  • Appliances: Built-In BBQ, Cooktop - Gas, Oven, Range Hood
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower and Tub, Tub With Jets
  • Three Quarter Bathrooms: 2
  • Eating Areas: Breakfast Area, Breakfast Nook, Formal Dining Rm, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Stone Counters
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 707.21
  • Windows: Double Pane Windows, Skylights

Exterior Features

  • Construction: Stucco, Wood Siding
  • Other Features: Barbecue Private, French Doors, High Ceilings (9 Feet+), Rain Gutters, Sprinkler System
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Quake Bracing, Raised
  • Fence: Chain Link, Wood
  • Patio: Covered, Patio Open, Porch - Rear
  • Pool: No
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Built-In Storage, Driveway - Gravel, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Central
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 2376-016-029
  • Lot Description: Back Yard, Exterior Security Lights, Front Yard, Gutters, Landscaped, Lawn, Secluded, Wooded
  • Lot Location: Private Road
  • Lot Size Area: 15662

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 1

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2021
Sold by
Kitada Nathan and Kitada Lucy Winn
Bought by
Kitada Family Trust and Kitada
Current Estimated Value
$2,728,705

Purchase Details

Listed on
Jan 20, 2021
Closed on
Feb 3, 2021
Sold by
12050 Laurel Terrace Trust and Altman David
Bought by
Kitada Nathan and Kitada Lucy Winn
Seller's Agent
Tregg Rustad
Rodeo Realty
Buyer's Agent
John Kostrey
Nourmand & Associates-HW
List Price
$2,099,000
Sold Price
$2,185,500
Premium/Discount to List
$86,500
4.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$1,857,675
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2018
Closed on
Feb 16, 2018
Sold by
Webby Richard G
Bought by
Altman David and 12050 Laurel Terrace Trust
Seller's Agent
Andrew Manning
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Tregg Rustad
Rodeo Realty
List Price
$1,999,000
Sold Price
$2,175,000
Premium/Discount to List
$176,000
8.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.16%
Original Mortgage
$1,740,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2012
Sold by
Webby Richard G and Webby Christine I
Bought by
Webby Richard G and Webby Christine I

Purchase Details

Closed on
Aug 8, 2007
Sold by
Anderson Carolyn Sue and Rovin Sheldon
Bought by
Webby Richard G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,750
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2007
Sold by
Anderson Carolyn S
Bought by
Anderson Carolyn Sue and The Robert & Carolyn Sue Anderson Revoca

Purchase Details

Closed on
Jan 3, 2006
Sold by
Anderson Carolyn S
Bought by
Anderson Carolyn Sue and The Robert & Carolyn Sue Revocable Trust

Purchase Details

Closed on
Jul 9, 2003
Sold by
Kramer Josh
Bought by
Anderson Carolyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 1998
Sold by
Kramer Josh and Weaver Kathie
Bought by
Kramer Josh

Purchase Details

Closed on
Jun 12, 1996
Sold by
Weil Christopher
Bought by
Kramer Josh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.15%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kitada Family Trust -- None Listed On Document
Kitada Nathan $2,185,500 Equity Title
Altman David $2,175,000 California Title Company
Webby Richard G -- None Available
Webby Richard G -- California Counties Title
Anderson Carolyn Sue -- California Counties Title
Anderson Carolyn Sue -- None Available
Anderson Carolyn Sue -- --
Anderson Robert -- --
Anderson Carolyn S -- First American Title Co
Kramer Josh -- First American
Sussman Andrew H -- First American
Kramer Josh $550,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kitada Nathan $1,857,675
Previous Owner Altman David $1,740,000
Previous Owner Webby Richard G $1,218,750
Previous Owner Anderson Carolyn S $764,000
Previous Owner Kramer Josh $412,500
Closed Kramer Josh $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2021 03/10/21 Sold $2,185,500 +4.1% $736 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $2,099,000 -3.5% $707 / Sq Ft
03/12/2018 03/12/18 Sold $2,175,000 +8.8% $725 / Sq Ft View Prior Sale
01/12/2018 01/12/18 For Sale $1,999,000 -- $666 / Sq Ft
Source: The MLS

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 $28,763 $2,365,652 $1,511,507 $854,145
2024 $28,415 $2,319,268 $1,481,870 $837,398
2023 $27,863 $2,273,793 $1,452,814 $820,979
2022 $26,589 $2,229,210 $1,424,328 $804,882
2021 $27,454 $2,286,312 $1,471,649 $814,663
2020 $27,670 $2,262,870 $1,456,560 $806,310
2019 $26,564 $2,218,500 $1,428,000 $790,500
2018 $19,301 $1,585,000 $987,000 $598,000
2016 $17,781 $1,470,000 $915,400 $554,600
2015 $17,783 $1,470,000 $915,400 $554,600
2014 $18,189 $1,470,000 $915,400 $554,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-682734

The MLS

APN: 2376-016-029

Your Personal Tour Guide

Ask me questions while you tour the home.