NOT LISTED FOR SALE

12132 Otsego St Valley Village, CA 91607

Estimated Value: $2,270,261 - $2,645,000

4 Beds
4 Baths
2,705 Sq Ft
$903/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $2,100,000 $776 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $15,089/month

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Furnished
  • North Hollywood Senior High School Rated A
  • Modern Architecture
  • Den

About This Home

As of September 2023

Welcome to your luxury dream home! This home has been professional designed inside and out by Laura Roberts Interiors. The secluded entrance gives ample privacy when entering the property with a large front yard area and walk way leading to the main entrance of the home. Walking inside, the foyer has high ceilings and an open layout flowing all the way through the home to the back yard. The living room and kitchen flow seamlessly with large glass sliding doors for indoor/outdoor living. Hardwood flooring throughout the home. The kitchen has marble countertops, seamless cabinetry and WOLF appliances. The living room has a gas fireplace and leads into the den entertainment room with a full bar, Samsung laser projector and studio quality sound system. The home features four bedrooms and four bathrooms. The upstairs primary suite has high ceilings, a private balcony and bathroom with oversized shower with floor to ceiling stone and stand alone bathtub. The backyard is an entertainers dream with build in outdoor patio, hammock and custom art work. This home is available fully furnished with luxury furnishings and accessory hand-picked for this home. Come schedule a tour today!

Last Agent to Rent the Property

Robert Crawford

WE ARE REALTY INC License #01956587 Listed on: 09/04/2023

Co-Listed By

Juan Masso

WE ARE REALTY INC License #02004748

Last Renter's Agent

Mallory Hart

Compass License #02190209

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,361

Year Built

  • Built in 2020

Lot Details

  • 6,750 Sq Ft Lot
  • Lot Dimensions are 50x135
  • Property is zoned LAR1

Home Design

  • Modern Architecture

Interior Spaces

  • 2,705 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • Den
  • Wood Flooring
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Phone System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $11,495
  • Tenant pays for gas, cable TV, electricity, water, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 2356-003-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,361

Year Built

Built in 2020

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 11495
  • Tenant Pays: Gas, Cable TV, Electricity, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Lease Terms: 1-Year
  • Living Area: 2705
  • Lot Acreage: 0.1550
  • Lot Dimensions: 50x135
  • Stories: 1
  • Year Built: 2020
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 4.00
  • Equipment: Bar Ice Maker, Built-Ins, Cable, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Ice Maker, Gas Or Electric Dryer Hookup, Microwave, Phone System, Water Line to Refrigerator, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 4.25

Exterior Features

  • Pool: No
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 2356-003-007
  • Lot Size Area: 6750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Aug 31, 2020
Sold by
Jamaat Karim Sabzali and Sheikhdarabad Fariba Jahanbakhsh
Bought by
Servine Orion
Seller's Agent
Karin Miller
Coldwell Banker Realty
List Price
$1,995,000
Sold Price
$2,100,000
Premium/Discount to List
$105,000
5.26%
Current Estimated Value
$2,442,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,315
Avg. Annual Appreciation
3.01%
Original Mortgage
$1,500,000
Outstanding Balance
$1,321,048
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$1,121,267

Purchase Details

Listed on
Jul 23, 2020
Closed on
Aug 17, 2020
Sold by
Celva Elena
Bought by
Servine Orion
Seller's Agent
Karin Miller
Coldwell Banker Realty
List Price
$1,995,000
Sold Price
$2,100,000
Premium/Discount to List
$105,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,321,048
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$1,121,267

Purchase Details

Closed on
Jun 13, 2018
Sold by
Wachtell Michael L
Bought by
Jamaat Karim Sabzali and Sheikhdarahad Fariba Jahanbakhsh

Purchase Details

Closed on
Apr 16, 2012
Sold by
Wachtell Michael L and Wachtell Family Trust 2006
Bought by
Mbw Bypass Trust and The Wachtell Family Trust 2006

Purchase Details

Closed on
Mar 30, 2009
Sold by
Wachtell Michael L and Wachtell Marsha B
Bought by
Wachtell Family Trust 2006 and Niver Family 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
Servine Orion $2,100,000 Ticor Title Company Of Ca
Servine Orion -- First American Title
Jamaat Karim Sabzali $810,000 Chicago Title Co
Mbw Bypass Trust -- None Available
Wachtell Family Trust 2006 -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Servine Orion $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2023 09/21/23 Rented $11,495 0.0% --
09/04/2023 09/04/23 For Rent $11,495 +9.5% --
03/01/2023 03/01/23 Rented $10,500 -8.7% --
01/31/2023 01/31/23 For Rent $11,495 0.0% --
09/24/2020 09/24/20 Sold $2,100,000 +5.3% $757 / Sq Ft View Prior Sale
07/23/2020 07/23/20 For Sale $1,995,000 -- $719 / 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 $27,361 $2,273,106 $865,945 $1,407,161
2024 $27,043 $2,228,536 $848,966 $1,379,570
2023 $26,513 $2,184,840 $832,320 $1,352,520
2022 $25,266 $2,142,000 $816,000 $1,326,000
2021 $24,858 $2,100,000 $800,000 $1,300,000
2020 $10,091 $826,200 $660,960 $165,240
2019 $9,688 $810,000 $648,000 $162,000
2018 $1,634 $124,204 $68,522 $55,682
2016 $1,552 $119,383 $65,862 $53,521
2015 $1,531 $117,591 $64,873 $52,718
2014 $1,546 $115,289 $63,603 $51,686
Source: Public Records

Agents Affiliated with this Home

  • Robert Crawford

    Landlord's Agent in 2023

    Robert Crawford

    WE ARE REALTY INC

    (310) 745-2877

    8 Total Sales

    Robert Crawford
    Section Image

  • J

    Landlord's Co-Listing Agent in 2023

    Juan Masso

    WE ARE REALTY INC

    (310) 363-0452

    4 Total Sales

    Juan Masso
    Section Image

  • M

    Tenant's Agent in 2023

    Mallory Hart

    Compass

    Section Image

  • J

    Buyer's Agent in 2023

    Justin Setareh

    Figure 8 Realty

    (213) 537-0114

    1 in this area

    36 Total Sales

    Justin Setareh
    Section Image
  • Ariyan Afshar

    Buyer Co-Listing Agent in 2023

    Ariyan Afshar

    Compass

    (310) 780-3180

    12 in this area

    247 Total Sales

    Ariyan Afshar
    Section Image
  • Karin Miller

    Seller's Agent in 2020

    Karin Miller

    Coldwell Banker Realty

    (818) 788-5400

    4 in this area

    32 Total Sales

    Karin Miller
    Section Image
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Map

Source: The MLS

MLS Number: 23-307457

The MLS

APN: 2356-003-007

California Los Angeles County Studio City 91607

12132 Otsego St, Studio City, CA

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