NOT LISTED FOR SALE

12342 Laurel Terrace Dr Studio City, CA 91604

Estimated Value: $1,296,000 - $1,647,000

2 Beds
2 Baths
1,084 Sq Ft
$1,307/Sq Ft Est. Value

Last Sold January 20, 2015

Last sale price $736,500 $679 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $8,308/month

Highlights

  • View of Trees or Woods
  • Traditional Architecture
  • 2 Car Attached Garage
  • North Hollywood Senior High School Rated A
  • No HOA
  • Patio

About This Home

As of January 2015

Classic updated traditional home in the coveted Silver Triangle area of Studio City. Set above the street w treetop views this home has updates to drainage, plumbing, electrical and HVAC and features custom moldings, wainscotting, glazed terracotta tile floors in kitchen and bathrooms, security doors and outside lighting, and newer dual pane wood french windows. Covered front porch leads to entry opening to living room with fireplace and formal dining room. Remodeled kitchen has granite counters and maple tone cabinetry, 2 garden windows & newer stainless appliances. 2 updated baths, one featuring a Jacuzzi tub, and shower. Most rooms have exposed oak flooring. Rear outdoor dining and lounging patio perfect for alfresco events and shaded by mature trees and magnificent Bird of Paradise plant. Meditation trail leads through rear grounds with multiple planting areas. Perfectly located 2 blocks south of Ventura Blvd and close to fine dining and shopping and easy commuter access all within the coveted Carpenter Elementary School District.

Last Agent to Sell the Property

Andrew Manning

Berkshire Hathaway HomeServices California Properties License #00941825 Listed on: 12/05/2014

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Anna Yang

New Star Realty & Inv. License #01406211

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,688

Year Built

  • Built in 1952

Lot Details

  • 6,001

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Patio Home

Interior Spaces

  • 1,084 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Views of Woods
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Patio
  • 6,001 Sq Ft Lot
  • Suburban Location
  • Central Air

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 424
  • Tax Tract Number 7203
  • Assessor Parcel Number 2376005007

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,688

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Andrew Manning
  • Other Phone Number: 818-380-2147
  • Property Attached: No
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2376005007
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1084.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 679.43
  • Room Type: Living Room

Exterior Features

  • Patio: Yes
  • View: Trees/Woods
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Lot Features: Patio Home
  • Lot Size Sq Ft: 6001.00
  • Lot Size Acres: 0.1380

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6001.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 424
  • Tax Tract Number: 7203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2025
Sold by
Whang Eui Bok and Whang Family Trust
Bought by
Whang Family Trust and Whang
Current Estimated Value
$1,417,107

Purchase Details

Closed on
Apr 20, 2015
Sold by
Whang Bob E
Bought by
Whang Family Trust

Purchase Details

Listed on
Dec 5, 2014
Closed on
Dec 30, 2014
Sold by
Whang Young Ja
Bought by
Whang Bob E
Seller's Agent
Andrew Manning
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Anna Yang
New Star Realty & Inv.
List Price
$699,900
Sold Price
$736,500
Premium/Discount to List
$36,600
5.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$500,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 5, 2014
Closed on
Dec 16, 2014
Sold by
Mccallister George
Bought by
Whang Bob E
Seller's Agent
Andrew Manning
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Anna Yang
New Star Realty & Inv.
List Price
$699,900
Sold Price
$736,500
Premium/Discount to List
$36,600
5.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2008
Sold by
Mccallister George and Mc Callister George
Bought by
Mccallister George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 1997
Sold by
Ilo B Grossman Trust and Glen
Bought by
Mccallister George

Purchase Details

Closed on
Jan 8, 1997
Sold by
Ilo B Grossman Trust and Robert
Bought by
Mccallister George
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
Whang Family Trust -- None Listed On Document
Whang Family Trust -- Accommodation
Whang Bob E -- California Title Company
Whang Bob E $736,500 California Title Company
Mccallister George -- Investors Title Company
Mccallister George $93,500 Progressive Title Company
Mccallister George $93,500 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whang Bob E $500,000
Previous Owner Whang Bob E $500,000
Previous Owner Mccallister George $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2015 01/20/15 Sold $736,500 +5.2% $679 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
12/05/2014 12/05/14 For Sale $699,900 -- $646 / 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 $10,688 $885,152 $668,704 $216,448
2024 $10,688 $867,797 $655,593 $212,204
2023 $10,482 $850,783 $642,739 $208,044
2022 $9,993 $834,102 $630,137 $203,965
2021 $9,874 $817,748 $617,782 $199,966
2019 $9,579 $793,495 $599,459 $194,036
2018 $9,528 $777,937 $587,705 $190,232
2016 $9,116 $747,731 $564,885 $182,846
2015 $3,173 $256,064 $159,628 $96,436
2014 $3,189 $251,049 $156,502 $94,547
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14253805

California Regional Multiple Listing Service (CRMLS)

APN: 2376-005-007