NOT LISTED FOR SALE

12225 Laurel Terrace Dr Studio City, CA 91604

Estimated Value: $2,443,000 - $3,007,000

5 Beds
3.5 Baths
3,073 Sq Ft
$860/Sq Ft Est. Value

Last Sold August 14, 2018

Last sale price $1,760,000 $573 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $15,800/month

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • Craftsman Architecture
  • North Hollywood Senior High School Rated A
  • Open Floorplan
  • View of Hills

About This Home

As of August 2018

NEW PRICE!!!!Located South of the Blvd in the Silver Triangle, this beautiful 5 bedroom/3.5 bath rebuilt and expanded in 2016 with much thought, taste and quality. Behind an electric gate & circle driveway, the light and bright home features a unique stone entry, hardwood floors, 14' high vaulted ceilings, wood burning/gas fireplace, central air/heat with 3 zones, chefs kitchen with large island/breakfast bar, 6 burner cook top, a "smart" double oven, built in microwave, Bosch dishwasher, pot filler, walk in pantry, and 50+ bottle wine fridge. Off of the kitchen, through a barn door is a comfortable den with built in speakers for surround sound. The home has 3 bedroom upstairs, including the tranquil master suite with skylights, a private patio, walk in closet/dressing room with built-in island and make up area. The luxurious master bath has a Maax Eterne tub with an air massage system and a Toto Neorest Toilet. The 2 other upstairs bedrooms share a Jack and Jill bathroom The remaining 2 bedrooms are downstairs and one is being used as an office. Drought tolerant landscape, drip irrigation system & fruit trees! lemon, lime, fig, avocado, satsuma & mandarin. Room for a pool! Walk to Carpenter Ave School & Ventura Blvd shops & restaurants!

Last Agent to Sell the Property

Tracey Feder

Equity Union License #01182917 Listed on: 04/07/2018

Equity Union

Last Buyer's Agent

Susanna Nagy

Keller Williams Realty-Studio City License #01832306

Keller Williams Realty-Studio City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,570

Year Built

  • Built in 1987 | Remodeled

Lot Details

  • 6,844 Sq Ft Lot
  • Lot Dimensions are 50 x 136
  • South Facing Home
  • Wrought Iron Fence
  • Chain Link Fence
  • Electric Fence
  • Fence is in excellent condition
  • Drip System Landscaping
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Garden
  • Back Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Circular Driveway
  • Driveway Level

Property Views

  • Hills
  • Neighborhood

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Traditional Architecture
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Seismic Tie Down
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,073 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Drapes & Rods
  • Stained Glass
  • Wood Frame Window
  • Window Screens
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Smart Home

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Built-In Trash or Recycling Cabinet
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • Granite Bathroom Countertops
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry Chute

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit

Schools

  • Carpenter Charter Elementary School
  • Walter Reed Middle School
  • North Hollywood High School

Utilities

  • Cooling System Powered By Gas
  • High Efficiency Air Conditioning
  • Forced Air Zoned Heating and Cooling System
  • High Efficiency Heating System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Natural Gas Connected
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 202
  • Tax Tract Number 7203
  • Assessor Parcel Number 2369006013

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,570

Year Built

Built in 1987 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Contemporary, Craftsman, Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2369006013
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3073.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Granite Counters, High Ceilings, Home Automation System, Open Floorplan, Pantry, Recessed Lighting, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Gas, Gas Starter, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 572.73
  • Room Type: Den, Dressing Area, Entry, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Multi-Level Bedroom, Office, Walk-In Closet, Walk-In Pantry
  • Window Features: Double Pane Windows, Drapes, ENERGY STAR Qualified Windows, Screens, Skylight(s), Stained Glass, Wood Frames
  • Bathroom Features: Bidet, Low Flow Shower, Low Flow Toilet(s), Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Hollywood Bathroom (Jack&Jill), Jetted Tub, Linen Closet/Storage, Remodeled, Soaking Tub, Upgraded
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Island, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Raised, Seismic Tie Down
  • Exterior Features: Lighting, Rain Gutters
  • View: Hills, Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Electric, Excellent Condition, Wrought Iron
  • Patio And Porch Features: Covered, Deck, Patio Open, Rear Porch
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Concrete, Driveway Level, Garage, Garage Faces Rear, Private
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Disposal, Instant Hot Water, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Electric: 220 Volts, Electricity - On Property
  • Heating Type: Central, Zoned, Forced Air, Natural Gas, High Efficiency
  • Laundry Features: Individual Room, Inside, Laundry Chute, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned, Gas, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • Elementary School: Carpenter Charter
  • High School: North Hollywood
  • Middle Or Junior School: Walter Reed
  • Elementary School #2: CARCHA
  • High School2: NORHOL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Garden, Landscaped, Lawn, Level with Street, Lot 6500-9999, Level, Near Public Transit, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size: 50 x 136
  • Lot Size Sq Ft: 6844.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1439.01
  • Tax Lot: 202
  • Tax Tract Number: 7203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2018
Closed on
Jul 9, 2018
Sold by
Ventimilla Jennifer
Bought by
Melbourne Alden Matthew and Melbourne Laura Joan
Seller's Agent
Tracey Feder
Equity Union
Buyer's Agent
Susanna Nagy
Keller Williams Realty-Studio City
List Price
$1,899,990
Sold Price
$1,760,000
Premium/Discount to List
-$139,990
-7.37%
Current Estimated Value
$2,643,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$883,490
Avg. Annual Appreciation
5.80%

Purchase Details

Closed on
Sep 18, 2017
Sold by
Ventimilia Jennifer R
Bought by
Ventimilia Jennifer and Jennifer Ventimilia Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,195,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 26, 2014
Sold by
Sabbe James Lee
Bought by
Ventimilia Jennifer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 1998
Sold by
Sabbe James L Co Tr Lee Sabbe Trust
Bought by
Sabbe James Lee and Lee Sharon F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.88%
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
Melbourne Alden Matthew $1,760,000 Lawyers Title
Ventimilia Jennifer -- Old Republic Title Company
Ventimilia Jennifer R $1,150,000 Lawyers Title
Sabbe James Lee -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ventimilia Jennifer $1,195,000
Previous Owner Ventimilia Jennifer R $920,000
Previous Owner Sabbe James Lee $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2018 08/14/18 Sold $1,760,000 -7.4% $573 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
04/07/2018 04/07/18 For Sale $1,899,990 -- $618 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $23,570 $1,963,308 $1,222,383 $740,925
2024 $23,570 $1,924,813 $1,198,415 $726,398
2023 $23,112 $1,887,072 $1,174,917 $712,155
2022 $22,033 $1,850,072 $1,151,880 $698,192
2021 $21,763 $1,813,797 $1,129,295 $684,502
2019 $21,110 $1,760,000 $1,095,800 $664,200
2018 $16,327 $1,336,237 $825,892 $510,345
2016 $14,190 $1,167,536 $793,823 $373,713
2015 $13,982 $1,150,000 $781,900 $368,100
2014 $5,361 $423,443 $144,924 $278,519
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18079323

California Regional Multiple Listing Service (CRMLS)

APN: 2369-006-013