NOT LISTED FOR SALE

12240 Otsego St Valley Village, CA 91607

Valley Village Neighborhood

Estimated Value: $1,857,000 - $2,028,000

3 Beds
2 Baths
2,400 Sq Ft
$814/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $1,553,150 $647 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $12,315/month

8 Days on Market

Highlights

  • Detached Guest House
  • Above Ground Spa
  • Primary Bedroom Suite
  • North Hollywood Senior High School Rated A
  • Gourmet Kitchen
  • Deck

About This Home

As of October 2020

Style, form & function come together beautifully in this reconstructed Valley Village contemporary. The gated exterior presentation is a cohesive, eco-friendly fusion of stone, greenery & garden beds. Inside, the open floor plan with soaring vaulted ceilings flows with an easy, relaxed elegance perfect for entertaining. The chefs kitchen with Viking Professional appliances, custom cabinetry & breakfast bar opens to the dining area & great room perfect for friend & family gatherings. Glass atrium doors providing seamless access to the expansive entertainment deck & private lawn. A fabulous FULL SERVICE DETACHED EN SUITE STUDIO offers a myriad of possibilities! Three bedrooms, including a lux master suite round out the comfortable accommodations. Located on a tree-lined street in the award winning Colfax Charter School District & moments to major studios, great parks, shopping, dining & all the best of what Valley Village has to offer. This is the place where you want to live. Welcome!

Last Agent to Sell the Property

Michael Okun

Sotheby's International Realty License #01430979 Listed on: 08/20/2020

Sotheby's International Realty

Last Buyer's Agent

John Podhor

Compass License #01912131

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,029

Year Built

  • Built in 1941 | Remodeled

Lot Details

  • 6,750 Sq Ft Lot
  • Lot Dimensions are 50x135
  • Gated Home
  • Back Yard
  • Property is zoned LAR1

Home Design

  • Contemporary Architecture
  • Copper Plumbing

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Recessed Lighting
  • Two Way Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Double Vanity

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Porte-Cochere
  • Converted Garage
  • Driveway

Outdoor Features

  • Above Ground Spa
  • Deck
  • Outdoor Gas Grill

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2356-014-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,029

Year Built

Built in 1941 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Style, form & function come together beautifully in this reconstructed Valley Village contemporary. The gated exterior presentation is a cohesive, eco-friendly fusion of stone, greenery & garden beds. Inside, the open floor plan with soaring vaulted ceilings flows with an easy, relaxed elegance perfect for entertaining. The chefs kitchen with Viking Professional appliances, custom cabinetry & breakfast bar opens to the dining area & great room perfect for friend & family gatherings. Glass atrium doors providing seamless access to the expansive entertainment deck & private lawn. A fabulous FULL SERVICE DETACHED EN SUITE STUDIO offers a myriad of possibilities. Three bedrooms, including a lux master suite round out the comfortable accommodations. Located on a tree-lined street in the award winning Colfax Charter School District & moments to major studios, great parks, shopping, dining & all the best of what Valley Village has to offer. This is the place where you want to live. Welcome!
  • Living Area: 2400
  • Lot Acreage: 0.1550
  • Lot Dimensions: 50x135
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1941
  • Number Of Photos: 50
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Cathedral-Vaulted Ceilings, Recessed Lighting
  • Fireplace Rooms: Two Way, Living Room
  • Flooring: Wood
  • Appliances: Range Hood, Range, Oven, Gas Grill, Microwave
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Retreat, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Remodeled
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Remodeled, Stone Counters, Gourmet Kitchen, Island
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Garbage Disposal, Dishwasher, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 582.92

Exterior Features

  • Other Features: High Ceilings (9 Feet+), Full Copper Plumbing
  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Guest House: Detached
  • Patio: Deck(s)
  • Pool: No
  • Spa: Hot Tub, Above Ground
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Carport Spaces: 2
  • Parking Garage: Driveway, Carport, Porte-Cochere
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Horses: No
  • Assessor Parcel Number: 2356-014-003
  • Lot Description: Back Yard
  • Lot Size Area: 6750

Rental Info

  • Land Lease Purchase Yn: No

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 1, 2020
Sold by
Mcphillipes Louise
Bought by
Mcphillips Frank Dixon
Seller's Agent
Michael Okun
Sotheby's International Realty
Buyer's Agent
John Podhor
Compass
List Price
$1,399,000
Sold Price
$1,553,150
Premium/Discount to List
$154,150
11.02%
Current Estimated Value
$1,953,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,583
Avg. Annual Appreciation
4.81%
Original Mortgage
$765,600
Outstanding Balance
$682,498
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,271,235

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 2, 2020
Sold by
Naim Omid Jeff and Naim Alexis Davida
Bought by
Mcphillips Frank Dixon and Mcphillips Frank Dixon
Seller's Agent
Michael Okun
Sotheby's International Realty
Buyer's Agent
John Podhor
Compass
List Price
$1,399,000
Sold Price
$1,553,150
Premium/Discount to List
$154,150
11.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,600
Outstanding Balance
$682,498
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,271,235

Purchase Details

Listed on
Oct 25, 2016
Closed on
Dec 9, 2016
Sold by
Dorne Mark G
Bought by
Naim Omid Jeff and Naim Alexis Davida
Seller's Agent
Hana Itzhaki
Rodeo Realty
Buyer's Agent
Michael Okun
Wish Sotheby's International Realty
List Price
$1,280,000
Sold Price
$1,175,000
Premium/Discount to List
-$105,000
-8.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%
Original Mortgage
$940,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 12, 2011
Sold by
Kemp Garth A
Bought by
Dorne Mark G and Dorne Courtney E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,150
Interest Rate
4.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 5, 1998
Sold by
Whitcomb Laurel J
Bought by
Kemp Garth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,050
Interest Rate
6.37%

Purchase Details

Closed on
Nov 12, 1993
Sold by
Preston Stanley
Bought by
Whitcomb Laurel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.91%
Source: Public Records

Range of Values:

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
Mcphillips Frank Dixon -- Fidelity National Title Co
Mcphillips Frank Dixon $1,553,500 Fidelity National Title Co
Naim Omid Jeff $1,175,000 Progressive Title
Dorne Mark G $829,000 Chicago Title Company
Kemp Garth A $319,000 First American Title Co
Whitcomb Laurel J $217,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcphillips Frank Dixon $765,600
Previous Owner Naim Omid Jeff $905,000
Previous Owner Naim Omid Jeff $149,800
Previous Owner Naim Omid Jeff $940,000
Previous Owner Dorne Mark G $79,150
Previous Owner Dorne Mark G $625,500
Previous Owner Kemp Garth A $250,000
Previous Owner Kemp Garth A $608,000
Previous Owner Kemp Garth A $273,000
Previous Owner Kemp Garth A $287,050
Previous Owner Whitcomb Laurel J $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2020 10/05/20 Sold $1,553,150 +11.0% $647 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $1,399,000 +19.1% $583 / Sq Ft
01/20/2017 01/20/17 Sold $1,175,000 -8.2% $490 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
10/25/2016 10/25/16 For Sale $1,280,000 -- $533 / 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 $20,029 $1,681,555 $1,111,872 $569,683
2024 $20,029 $1,648,584 $1,090,071 $558,513
2023 $19,637 $1,616,260 $1,068,698 $547,562
2022 $18,715 $1,584,570 $1,047,744 $536,826
2021 $18,568 $1,553,500 $1,027,200 $526,300
2020 $15,188 $1,246,918 $758,338 $488,580
2019 $14,581 $1,222,469 $743,469 $479,000
2018 $14,470 $1,198,500 $728,892 $469,608
2016 $10,653 $879,600 $561,289 $318,311
2015 $10,497 $866,388 $552,858 $313,530
2014 $10,533 $849,418 $542,029 $307,389
Source: Public Records

Agents Affiliated with this Home

  • Michael Okun

    Seller's Agent in 2020

    Michael Okun

    Sotheby's International Realty

    (818) 415-1819

    70 in this area

    182 Total Sales

    Michael Okun
    Section Image
  • John Podhor

    Buyer's Agent in 2020

    John Podhor

    Compass

    (323) 592-9750

    1 in this area

    141 Total Sales

    John Podhor
    Section Image
  • Katie Crain

    Buyer Co-Listing Agent in 2020

    Katie Crain

    Compass

    (310) 502-2312

    1 in this area

    145 Total Sales

    Katie Crain
    Section Image

  • H

    Seller's Agent in 2017

    Hana Itzhaki

    Rodeo Realty

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-621278

The MLS

APN: 2356-014-003

California Los Angeles County Valley Village 91607 Valley Village

12240 Otsego St, Valley Village, CA

This home is located at 12240 Otsego St, Valley Village, CA 91607 since 20 August 2020 and is currently estimated at $1,953,733, approximately $814 per square foot. This property was built in 1941. 12240 Otsego St is a home located in Los Angeles County with nearby schools including Walter Reed Middle, North Hollywood Senior High School, and Citizens of the World Charter School - East Valley.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes