NOT LISTED FOR SALE

12326 Laurel Terrace Dr Studio City, CA 91604

Estimated Value: $1,212,000 - $1,976,361

2 Beds
1 Bath
960 Sq Ft
$1,810/Sq Ft Est. Value

Last Sold April 12, 2016

Last sale price $655,000 $682 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $10,365/month

Highlights

  • View of Hills
  • Wood Flooring
  • No HOA
  • North Hollywood Senior High School Rated A
  • Modern Architecture
  • Living Room Balcony

About This Home

As of April 2016

Urban Modern, pied-à-terre located in the chic, hip and much sought after, Studio City, Silver Triangle. This unspoiled and clean Mid-Century is an amazing opportunity for some lucky homebuyer. The home has not been on the market in over 20 years and it has been well cared for. The sun drenched interior has clean lines, hardwood floors and walls of glass that open to a large balcony off the living room. Nice sized bedrooms, marble tiled floors in the bath and adorable dining area off the kitchen. Priced like many of the same sized condos in the area, why wouldn't you put your investment dollars here? Within a very short distance to Studio City's famed restaurants, retail and nightlife. Destinations like Studio City Golf and Tennis, The farmers market on Sundays and the very popular Fryman Canyon trails for hiking, biking and more. Studio City is a life style and this is your chance to get in the door of this exclusive location at an unheard of price.

Last Agent to Sell the Property

Jamie Pearson

Berkshire Hathaway HomeServices California Properties License #00817566 Listed on: 02/20/2016

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Sedrak Barutyan

No Firm Affiliation License #01987163

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,266

Year Built

  • Built in 1954

Lot Details

  • 5,999 Sq Ft Lot

Parking

  • 2 Car Garage
  • Attached Carport
  • Parking Available
  • Up Slope from Street

Property Views

  • Hills
  • Neighborhood

Home Design

  • Modern Architecture
  • Tar and Gravel Roof
  • Pier Jacks
  • Stucco

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Ceramic Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Central Heating
  • Septic Type Unknown
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 427
  • Tax Tract Number 72
  • Assessor Parcel Number 2376005010

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,266

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: All attached. Washer and dryer
  • Property Attached: No
  • View: Yes
  • Architectural Style: Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2376005010
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 960.00
  • Interior Amenities: Balcony, Ceramic Counters, Living Room Balcony
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 682.29
  • Room Type: Living Room

Exterior Features

  • Foundation: Pier Jacks
  • View: Hills, Neighborhood
  • Pool Private: No
  • Roof: Tar/Gravel
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Carport, Attached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Water Connected
  • Heating: Yes
  • Appliances: Disposal, Gas Range
  • Heating Type: Central
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Foothills, Street Lights

Lot Info

  • Lot Features: Up Slope from Street, Walkstreet
  • Lot Size Sq Ft: 5999.00
  • Price Per Lot Square Foot: 109.18
  • Lot Size Acres: 0.1380

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5999.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 427
  • Tax Tract Number: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2016
Sold by
Alexeeva Janeta
Bought by
Karsyan Jerar
Current Estimated Value
$1,737,340

Purchase Details

Listed on
Feb 20, 2016
Closed on
Mar 14, 2016
Sold by
Goveia Glenn S
Bought by
Alexeeva Janeta
Seller's Agent
Jamie Pearson
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Sedrak Barutyan
No Firm Affiliation
List Price
$699,000
Sold Price
$655,000
Premium/Discount to List
-$44,000
-6.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Original Mortgage
$491,250
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 1996
Sold by
Allis Michael Lloyd
Bought by
Goveia Glenn S and Chinn Allen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,650
Interest Rate
7.34%

Purchase Details

Closed on
Jul 12, 1995
Sold by
Muir Pamela and Singh Vicki
Bought by
Allis Michael Lloyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
7.61%
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
Karsyan Jerar -- None Available
Alexeeva Janeta $655,000 California Title Company
Goveia Glenn S $187,000 Gateway Title Company
Allis Michael Lloyd $135,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexeeva Janeta $491,250
Previous Owner Goveia Glenn S $177,650
Previous Owner Allis Michael Lloyd $101,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2016 04/12/16 Sold $655,000 -6.3% $682 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
02/20/2016 02/20/16 For Sale $699,000 -- $728 / 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 $15,266 $1,267,853 $760,181 $507,672
2024 $15,266 $1,242,994 $745,276 $497,718
2023 $14,970 $1,218,622 $730,663 $487,959
2022 $14,272 $1,194,729 $716,337 $478,392
2021 $14,095 $1,171,304 $702,292 $469,012
2019 $10,128 $847,314 $681,462 $165,852
2018 $8,208 $668,100 $534,480 $133,620
2016 $3,243 $262,404 $157,164 $105,240
2015 $3,196 $258,464 $154,804 $103,660
2014 $3,213 $253,402 $151,772 $101,630
Source: Public Records

Agents Affiliated with this Home

  • Jamie Pearson

    Seller's Agent in 2016

    Jamie Pearson

    Berkshire Hathaway HomeServices California Properties

    (424) 229-2793

    12 in this area

    74 Total Sales

    Jamie Pearson
    Section Image

  • S

    Buyer's Agent in 2016

    Sedrak Barutyan

    No Firm Affiliation

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16035708

California Regional Multiple Listing Service (CRMLS)

APN: 2376-005-010

California Los Angeles County Studio City 91604

12326 Laurel Terrace Dr, Studio City, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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