NOT LISTED FOR SALE

12342 Milbank St Studio City, CA 91604

Estimated Value: $3,109,107 - $3,686,000

5 Beds
5 Baths
4,732 Sq Ft
$717/Sq Ft Est. Value

Last Sold October 17, 2014

Last sale price $1,710,000 $361 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $19,853/month

110 Days on Market

Highlights

  • In Ground Pool
  • Gated Parking
  • Fireplace in Primary Bedroom
  • North Hollywood Senior High School Rated A
  • Colonial Architecture
  • Marble Flooring

About This Home

As of October 2014

Brilliant execution of a classic Spanish Colonial home. Meticulous attention to detail, superb materials, and perfect floorplan. Kitchen overlooks the large grassy backyard, entertainer's patio, and sparkling pool. Romantic Master Suite with private balcony, upstairs kids room and Junior master suite that can be an impressive home office/gym/media room. 4 separate HVAC systems. Ideal location for coveted schools, easy access to shopping and freeways.

Last Agent to Sell the Property

Marci Kays

Carolwood Estates License #01397539 Listed on: 05/27/2014

Carolwood Estates

Co-Listed By

Bill Simpson

Hilton & Hyland License #01176003

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,038

Year Built

  • Built in 2006

Lot Details

  • 9,200 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Colonial Architecture

Interior Spaces

  • 4,732 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Park or Greenbelt Views

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Gated Parking
  • Controlled Entrance

Outdoor Features

  • In Ground Pool
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2364-014-050

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,038

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish Colonial
  • Street Number Display: Yes
  • Living Area: 4732
  • Stories: 2
  • Year Built: 2006
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Marble, Mixed
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 369.61

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Balcony
  • Pool Description: In Ground
  • Pool: Yes
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Controlled Entrance, Garage - 2 Car, Gated

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 2364-014-050
  • Geocode Override: No
  • Lot Size Area: 9200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2014
Closed on
Oct 9, 2014
Sold by
Stasishyna Dzina
Bought by
Nelson Alex
Seller's Agent
Marci Kays
Carolwood Estates
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,875,000
Sold Price
$1,710,000
Premium/Discount to List
-$165,000
-8.8%
Current Estimated Value
$3,394,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,684,277
Avg. Annual Appreciation
6.41%
Original Mortgage
$1,368,000
Outstanding Balance
$1,011,769
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,382,508

Purchase Details

Listed on
May 27, 2014
Closed on
Sep 17, 2014
Sold by
Soheili Maryam
Bought by
Nelson Alex
Seller's Agent
Marci Kays
Carolwood Estates
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,875,000
Sold Price
$1,710,000
Premium/Discount to List
-$165,000
-8.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,368,000
Outstanding Balance
$1,011,769
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,382,508

Purchase Details

Closed on
May 21, 2010
Sold by
Mikaelyan Levon
Bought by
Soheili Maryam

Purchase Details

Closed on
Aug 28, 2006
Sold by
Mikaelyan Levon
Bought by
Far Nayerh Sadat Ehtesham

Purchase Details

Closed on
Mar 29, 2005
Sold by
Abouyan Satonik
Bought by
Mikaelyan Levon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2005
Sold by
Grasu Stere
Bought by
Mikaelyan Levon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2002
Sold by
Grasu Stere
Bought by
Grasu Stere

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,900
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1999
Sold by
Ionescu Mihai and Ionescu Daniela
Bought by
Grasu Stere

Purchase Details

Closed on
Jun 19, 1996
Sold by
Grasu Gheorghe
Bought by
Ionescu Mihai and Ionescu Daniela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
8.03%
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
Nelson Alex -- Title 365
Nelson Alex -- Title 365
Soheili Maryam $115,189 Stewart Title
Far Nayerh Sadat Ehtesham -- None Available
Mikaelyan Levon -- Ticor Title Co Of California
Mikaelyan Levon $760,000 Ticor Title Co Of California
Grasu Stere -- Fidelity National Title Co
Grasu Stere -- Fidelity National Title Co
Grasu Stere $55,000 --
Ionescu Mihai $295,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Alex $1,368,000
Closed Nelson Alex $1,368,000
Previous Owner Mikaelyan Levon $608,000
Previous Owner Grasu Stere $381,900
Previous Owner Ionescu Mihai $236,000
Closed Mikaelyan Levon $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2014 10/17/14 Sold $1,710,000 -2.2% $361 / Sq Ft
09/04/2014 09/04/14 Price Changed $1,749,000 -2.6% $370 / Sq Ft
06/27/2014 06/27/14 Price Changed $1,795,000 -4.3% $379 / Sq Ft
05/27/2014 05/27/14 For Sale $1,875,000 0.0% $396 / Sq Ft
01/19/2012 01/19/12 Rented $6,500 0.0% --
01/17/2012 01/17/12 Under Contract -- -- --
12/29/2011 12/29/11 For Rent $6,500 -- --
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 $25,038 $2,055,154 $1,322,031 $733,123
2024 $24,742 $2,014,858 $1,296,109 $718,749
2023 $24,262 $1,975,352 $1,270,696 $704,656
2022 $23,132 $1,936,621 $1,245,781 $690,840
2021 $22,837 $1,898,649 $1,221,354 $677,295
2019 $22,152 $1,842,336 $1,185,129 $657,207
2018 $21,987 $1,806,213 $1,161,892 $644,321
2016 $21,000 $1,736,077 $1,116,775 $619,302
2015 $20,692 $1,710,000 $1,100,000 $610,000
2014 $20,532 $1,658,459 $1,255,165 $403,294
Source: Public Records

Agents Affiliated with this Home

  • Marci Kays

    Seller's Agent in 2014

    Marci Kays

    Carolwood Estates

    (323) 356-2650

    5 in this area

    66 Total Sales

    Marci Kays
    Section Image

  • B

    Seller Co-Listing Agent in 2014

    Bill Simpson

    Hilton & Hyland

    Section Image

  • S

    Buyer's Agent in 2014

    Subscriber Non

    Non-Participant Office

  • Scott Nell

    Seller's Agent in 2012

    Scott Nell

    Equity Union

    (818) 522-2862

    11 in this area

    85 Total Sales

    Scott Nell
    Section Image
  • Debora Bright-Laney

    Buyer's Agent in 2012

    Debora Bright-Laney

    Rodeo Realty

    (213) 361-1155

    5 Total Sales

    Debora Bright-Laney
    Section Image
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Map

Source: The MLS

MLS Number: 14-768555

The MLS

APN: 2364-014-050

California Los Angeles County Studio City 91604

12342 Milbank St, Studio City, CA

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