Seller's Agent in 2017
Michelle Hirsch
Equity Union
(818) 512-4226
54 in this area
123 Total Sales
12221 Otsego St Valley Village, CA 91607
Valley Village NeighborhoodEstimated Value: $2,229,000 - $3,295,000
5
Beds
4.5
Baths
4,000
Sq Ft
$679/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Primary Bedroom Suite
- Fireplace in Primary Bedroom Retreat
- North Hollywood Senior High School Rated A
- Maid or Guest Quarters
- Retreat
About This Home
As of January 2017INSANE DEAL AND IN THIS AMAZING POCKET OF VALLEY VILLAGE, COLFAX ELEMENTARY SCHOOL DISTRICT! MODERN & UPDATED, YET TRADITIONAL! ENTER THE HOME THROUGH A FORMAL FOYER ONTO RICH DARK WALNUT FLOORS, SOARING HIGH CEILINGS IN THE LIVING ROOM, AND AN ABUNDANCE OF NATURAL LIGHT! THIS HOME FEATURES 3 FIREPLACES, ONE IN THE LIVING ROOM, ONE IN THE FAMILY ROOM, AND ONE IN THE FANTASTIC MASTER SUITE! THE KITCHEN HAS BEEN BEAUTIFULLY REMODELED WITH GORGEOUS WALNUT CABINETS, BRILLIANT WHITE QUARTZ COUNTER TOPS, A DOUBLE STOVE AND OVEN THAT IS EVERY COOK'S DREAM, FEATURING 8 BURNERS AND A GRIDDLE AND TWO HUGE OVENS, TWO WARMING DRAWERS, A WALL OF PANTRIES, STUNNING WALL OF TWO BUILT-IN REFRIGERATORS AND FULL SIZE FREEZER, AND A GORGEOUS CUSTOM BUILT BANQUETTE FOR THE EATING AREA. THE BACKYARD IS A WONDERFUL AND PRIVATE SPACE THAT CAN DEFINITELY BE DESCRIBED AS RESORT-LIKE. THE MASTER SUITE IS MASSIVE AND FEATURES A FIREPLACE, SITTING AREA, BALCONY, HIS AND HER WALK-IN CLOSETS, AND A GRAND MASTER BATHROOM, OUTFITTED WITH HUGE SPA TUB, BIDET, DOUBLE VANITY, LARGE SHOWER. INCREDIBLE "MAN CAVE"/ SOUND BOOTH RECORDING STUDIO IS A GREAT BONUS! THIS GATED HOME IS LOCATED IN ONE OF THE BEST POCKETS OF VALLEY VILLAGE AND IN A GREAT ELEMENTARY SCHOOL DISTRICT!
Last Agent to Sell the Property
Equity Union License #01445587 Listed on: 08/18/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,499
Year Built
- Built in 1991
Lot Details
- 7,447
Interior Spaces
- 4,000 Sq Ft Home
- Family Room with Fireplace
- Living Room with Fireplace
Bedrooms and Bathrooms
- 5 Bedrooms
- Retreat
- Fireplace in Primary Bedroom Retreat
- Primary Bedroom Suite
- Walk-In Closet
- Maid or Guest Quarters
Pool
- In Ground Pool
- In Ground Spa
Additional Features
- 7,447 Sq Ft Lot
- Suburban Location
- Central Air
Community Details
- No Home Owners Association
- Valley
Listing and Financial Details
- Assessor Parcel Number 2356015025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 8, 2021
Sold by
Arbiter and Melissa
Bought by
Devin And Melissa Arbiter Living Trust and Livi Melissa
Current Estimated Value
Purchase Details
Listed on
Aug 18, 2016
Closed on
Nov 29, 2016
Sold by
Hoisman Daniel
Bought by
Arbiter Devin and Arbiter Melissa
Seller's Agent
Michelle Hirsch
Equity Union
Buyer's Agent
Adam Rapaport
Keller Williams Realty-Studio City
List Price
$1,599,000
Sold Price
$1,475,000
Premium/Discount to List
-$124,000
-7.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$1,180,000
Interest Rate
3.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 4, 2004
Sold by
Bieda Howard
Bought by
Hoisman Daniel and Hoisman Rachel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 7, 1997
Sold by
Schell Maximilian
Bought by
Bieda Howard and Bieda Raelyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.62%
Purchase Details
Closed on
Nov 28, 1994
Sold by
Schell Maximilian
Bought by
Schell Maximilian and Schell Natasha Andreichenko
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
6.99%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Devin And Melissa Arbiter Living Trust | -- | Oakley Law Group | |
| Arbiter Devin | $1,475,000 | Lawyers Title | |
| Hoisman Daniel | $985,000 | Stewart Title | |
| Bieda Howard | $475,000 | Equity Title Company | |
| Schell Maximilian | -- | First Southwestern Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Arbiter Devin | $100,000 | |
| Previous Owner | Arbiter Devin | $840,000 | |
| Previous Owner | Arbiter Devin | $850,000 | |
| Previous Owner | Arbiter Devin | $1,180,000 | |
| Previous Owner | Hoisman Daniel | $253,000 | |
| Previous Owner | Hoisman Daniel | $785,000 | |
| Previous Owner | Hoisman Daniel | $645,000 | |
| Previous Owner | Hoisman Daniel | $138,000 | |
| Previous Owner | Hoisman Daniel | $650,000 | |
| Previous Owner | Bieda Howard | $250,000 | |
| Previous Owner | Bieda Howard | $190,000 | |
| Previous Owner | Bieda Howard | $430,000 | |
| Previous Owner | Bieda Howard | $45,000 | |
| Previous Owner | Bieda Howard | $25,000 | |
| Previous Owner | Bieda Howard | $380,000 | |
| Previous Owner | Schell Maximilian | $212,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/01/2017 01/01/17 | Sold | $1,475,000 | -7.8% | $369 / Sq Ft |
| 11/21/2016 11/21/16 | Pending | -- | -- | -- |
| 08/18/2016 08/18/16 | For Sale | $1,599,000 | 0.0% | $400 / Sq Ft |
| 06/01/2015 06/01/15 | Rented | $6,500 | -8.5% | -- |
| 05/27/2015 05/27/15 | Under Contract | -- | -- | -- |
| 05/27/2015 05/27/15 | For Rent | $7,100 | +4.4% | -- |
| 06/26/2014 06/26/14 | Rented | $6,800 | 0.0% | -- |
| 05/31/2014 05/31/14 | Under Contract | -- | -- | -- |
| 05/20/2014 05/20/14 | For Rent | $6,800 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $20,499 | $1,711,857 | $858,829 | $853,028 |
| 2024 | $20,499 | $1,678,292 | $841,990 | $836,302 |
| 2023 | $20,099 | $1,645,385 | $825,481 | $819,904 |
| 2022 | $19,160 | $1,613,124 | $809,296 | $803,828 |
| 2021 | $18,918 | $1,581,495 | $793,428 | $788,067 |
| 2019 | $18,347 | $1,534,590 | $769,896 | $764,694 |
| 2018 | $18,205 | $1,504,500 | $754,800 | $749,700 |
| 2016 | $14,255 | $1,183,019 | $535,061 | $647,958 |
| 2015 | $14,045 | $1,165,250 | $527,024 | $638,226 |
| 2014 | $14,088 | $1,142,426 | $516,701 | $625,725 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Hirsch
-
Adam Rapaport
Buyer's Agent in 2017
Adam Rapaport
Keller Williams Realty-Studio City
(818) 432-1500
6 in this area
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR16181975
APN: 2356-015-025
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