NOT LISTED FOR SALE

12320 Laurel Terrace Dr Studio City, CA 91604

Estimated Value: $2,135,000 - $2,776,000

5 Beds
6 Baths
3,643 Sq Ft
$685/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $1,775,000 $487 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $14,999/month

10 Days on Market

Highlights

  • City Lights View
  • Maid or Guest Quarters
  • Contemporary Architecture
  • North Hollywood Senior High School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of March 2021

Located south of famed Ventura Blvd in the much sought-after Silver Triangle of Studio City, close to parks, hiking trails & Carpenter Elementary, this beautiful Mediterranean has been reimagined & expanded w/careful attention to detail & architectural design. Once atop the gated entry, wood floors dance across a light-filled living room w/fireplace & dining room beyond. French doors open to a charming wrap around patio perfect for entertaining & dining al fresco under the vine-covered trellis. A chefs kitchen - with its custom cabinets, stone countertops, stainless appliance & built-in banquette has easy patio/outdoor access, whilst an adj. TV room is ideal for family gatherings. Five bedrooms + 6 custom baths, including a sumptuous owners suite w/walk-in shower, soaking tub & dual sink vanity, can accommodate a growing family or extended guests. Upstairs office opens to a balcony. 2-car garage, laundry, central hvac & easy Valley & Westside access make this a rare offering a must-see!

Last Agent to Sell the Property

Peter Lorimer

PLG Estates License #01479846 Listed on: 02/10/2021

Last Buyer's Agent

Nechama Jacobs

The Bienstock Group License #01982471

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,255

Year Built

  • Built in 1952

Lot Details

  • 9,139 Sq Ft Lot
  • Lot Dimensions are 82x110
  • Property is zoned LAR1

Property Views

  • City Lights
  • Trees
  • Canyon
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,643 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Built-In Features
  • Formal Entry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Bonus Room
  • Home Gym
  • Wood Flooring
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Open Patio
  • Gazebo

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2376-005-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,255

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Levels: Three Or More
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Located south of famed Ventura Blvd in the much sought-after Silver Triangle of Studio City, close to parks, hiking trails & Carpenter Elementary, this beautiful Mediterranean has been reimagined & expanded w/careful attention to detail & architectural design. Once atop the gated entry, wood floors dance across a light-filled living room w/fireplace & dining room beyond. French doors open to a charming wrap around patio perfect for entertaining & dining al fresco under the vine-covered trellis. A chefs kitchen w its custom cabinets, stone countertops, stainless appliance & built-in banquette has easy patio/outdoor access, whilst an adj. TV room is ideal for family gatherings. 5 bedrooms + 6 custom baths, including a sumptuous owners suite w/walk-in shower, soaking tub & dual sink vanity. Upstairs office opens to a balcony 2-car garage, laundry, central hvac & easy Valley & Westside.
  • Living Area: 3643
  • Lot Acreage: 0.2098
  • Lot Dimensions: 82x110
  • Stories: 3
  • Year Built: 1952
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 6
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Equipment: Alarm System, Built-Ins, Central Vacuum, Dryer, Garbage Disposal, Microwave, Washer, Refrigerator, Dishwasher
  • Fireplace: Yes
  • Price Per S Q F T: 507.55

Exterior Features

  • Other Structures: Gazebo
  • Pool: No
  • Spa Yn: No
  • View: Canyon, City Lights, City, Tree Top, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Garage - 2 Car, Garage Is Attached, Driveway
  • Total Parking: 2

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 2376-005-011
  • Lot Size Area: 9139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Mar 16, 2021
Sold by
Miller Family Trust
Bought by
Gooberman Russell A and Pressman Stephanie Robin
Seller's Agent
Peter Lorimer
PLG Estates
Buyer's Agent
Nechama Jacobs
The Bienstock Group
List Price
$1,849,000
Sold Price
$1,775,000
Premium/Discount to List
-$74,000
-4%
Current Estimated Value
$2,495,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$720,342
Avg. Annual Appreciation
7.70%
Original Mortgage
$780,000
Outstanding Balance
$697,985
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$1,797,357

Purchase Details

Closed on
Dec 10, 2016
Sold by
Miller David B and Miller Kelli B
Bought by
Miller David Brandon and Miller Kelli Brooke

Purchase Details

Listed on
Apr 3, 2014
Closed on
May 1, 2014
Sold by
Hochman Kevin
Bought by
Miller David B and Miller Kelli B
Seller's Agent
Nick Tatone
Rodeo Realty
Buyer's Agent
Daniel Elias
List Price
$1,695,000
Sold Price
$1,601,000
Premium/Discount to List
-$94,000
-5.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%
Original Mortgage
$910,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2013
Sold by
Hochman Danielle Claire and Hochman Kevin
Bought by
Hochman Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$681,536
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2011
Sold by
Owb Reo Llc
Bought by
Hochman Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2011
Sold by
Vaughan James Gregory and Vaughan Touriya
Bought by
Owb Reo Llc

Purchase Details

Closed on
Sep 6, 2007
Sold by
Vaughan James Gregory
Bought by
Vaughan James Gregory and Vaughan Touriya

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
Interest Rate
6.67%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 8, 2003
Sold by
Reygan Development Inc
Bought by
Vaughan James Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2003
Sold by
Gagnon Edward J
Bought by
Reygan Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2003
Sold by
Hesen Frances
Bought by
Gagnon Edward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,300
Interest Rate
6.12%

Purchase Details

Closed on
Jun 25, 2001
Sold by
Beck Nicholas
Bought by
Hesen Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.14%

Purchase Details

Closed on
Jul 6, 2000
Sold by
Beck Herbert A Decd Est Of
Bought by
Beck Nicholas and Hesen Frances
Source: Public Records

Range of Values:

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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
Gooberman Russell A $1,775,000 First American Title Company O
Miller David Brandon -- None Available
Miller David B $1,601,000 Fidelity
Hochman Kevin -- Equity Title Orange County-I
Hochman Kevin $870,000 Lsi Title Company Ca
Owb Reo Llc $971,318 None Available
Vaughan James Gregory -- Fidelity Natl Title Co Of Ca
Vaughan James Gregory -- Chicago Title
Reygan Development Inc -- Chicago Title
Gagnon Edward J $417,000 Investors Title Company
Gagnon Edward J -- Investors Title Company
Hesen Frances -- California Title Company
Beck Nicholas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gooberman Russell A $780,000
Previous Owner Miller David B $910,000
Previous Owner Hochman Kevin $681,536
Previous Owner Hochman Kevin $696,000
Previous Owner Vaughan James Gregory $1,500,000
Previous Owner Vaughan James Gregory $564,000
Previous Owner Gagnon Edward J $375,300
Previous Owner Hesen Frances $105,000
Closed Vaughan James Gregory $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2021 03/25/21 Sold $1,775,000 -4.0% $487 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $1,849,000 +15.5% $508 / Sq Ft
06/02/2014 06/02/14 Sold $1,601,000 +1.0% $439 / Sq Ft View Prior Sale
04/17/2014 04/17/14 Price Changed $1,585,000 -6.5% $435 / Sq Ft
04/03/2014 04/03/14 For Sale $1,695,000 -- $465 / 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 $23,255 $1,921,315 $1,537,053 $384,262
2024 $23,013 $1,883,643 $1,506,915 $376,728
2023 $22,565 $1,846,710 $1,477,368 $369,342
2022 $21,512 $1,810,500 $1,448,400 $362,100
2021 $21,695 $1,813,140 $870,443 $942,697
2020 $21,917 $1,794,549 $861,518 $933,031
2019 $21,042 $1,759,363 $844,626 $914,737
2018 $20,935 $1,724,866 $828,065 $896,801
2016 $20,015 $1,657,889 $795,911 $861,978
2015 $19,720 $1,632,987 $783,956 $849,031
2014 $11,129 $891,427 $479,219 $412,208
Source: Public Records

Agents Affiliated with this Home

  • Peter Lorimer

    Seller's Agent in 2021

    Peter Lorimer

    PLG Estates

    (310) 666-7386

    31 in this area

    163 Total Sales

    Peter Lorimer
    Section Image
  • Nechama Jacobs

    Buyer's Agent in 2021

    Nechama Jacobs

    The Bienstock Group

    (973) 975-3970

    1 in this area

    38 Total Sales

    Nechama Jacobs
    Section Image
  • Nick Tatone

    Seller's Agent in 2014

    Nick Tatone

    Rodeo Realty

    (818) 929-6326

    3 in this area

    44 Total Sales

    Nick Tatone
    Section Image

  • D

    Buyer's Agent in 2014

    Daniel Elias

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Map

Source: The MLS

MLS Number: 21-689294

The MLS

APN: 2376-005-011

California Los Angeles County Studio City 91604

12320 Laurel Terrace Dr, Studio City, CA

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