NOT LISTED FOR SALE

12352 Laurel Terrace Dr Studio City, CA 91604

Estimated Value: $1,875,000 - $2,436,000

4 Beds
4 Baths
2,833 Sq Ft
$783/Sq Ft Est. Value

Last Sold August 10, 2012

Last sale price $780,000 $275 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $12,592/month

Highlights

  • Panoramic View
  • Maid or Guest Quarters
  • Family Room with Fireplace
  • North Hollywood Senior High School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of January 2019

Location-Location-Location!!! Silver Triangle, South of Ventura Blvd, one of the best elementary school districts in LA county! Updated, complete with "Viking" stainless steel appliances, high-quality cabinets and granite counter tops, this 2005, tri-level 4BD/4BA single family available now for immediate occupancy! Located near to numerous transportation thoroughfares, Universal Studios, restaurants, recreation centers (Runyon Canyon, Laurel Canyon, LA River Bike Path, tennis, golf, etc.), nightlife, and much more. Other features include central air, hardwood floors, custom-built interior plantation shutters for windows, two gas fireplaces, breakfast patio, and two massive terraces for outdoor dining with tree-top and mountain views, large closets, and an abundance of natural light. This one shows very well and won't last. Show today!

Last Agent to Rent the Property

Michael Ferretti

DuPont Street Realty Advisors License #01874839 Listed on: 09/15/2018

Last Renter's Agent

Michael Ferretti

DuPont Street Realty Advisors License #01874839 Listed on: 09/15/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,694

Year Built

  • Built in 2005

Lot Details

  • 6,000 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,833 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Recessed Lighting
  • Formal Entry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Family Room on Second Floor
  • Living Room
  • Living Room Balcony
  • Dining Area
  • Home Office
  • Bonus Room
  • Storage
  • Panoramic Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Lanai

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Security Deposit $6,500
  • Tenant pays for air cond/heat maint, cable TV, electricity, exterior maintenance, gardener, gas, insurance, interior maint
  • 12 Month Lease Term
  • Assessor Parcel Number 2376-004-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,694

Year Built

Built in 2005

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1st Month Rent, Security Deposit
  • Credit Report Amount: 50.00
  • Credit Report Required: Yes
  • Deposit Other: 6500.00
  • Security Deposit: 6500
  • Tenant Pays: Air Cond/Heat Maint, Cable TV, Electricity, Exterior Maintenance, Gardener, Gas, Insurance, Interior Maint

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 2833
  • Monthto Month: No
  • Probate: No
  • Stories: 3
  • Year Built: 2005
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Living Room Balcony, Recessed Lighting, Storage Space
  • Fireplace Rooms: Family Room
  • Flooring: Carpet, Ceramic Tile, Hardwood, Mixed, Tile
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Kitchen Features: Open to Family Room
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Inclusions: Viking Appliances
  • Price Per S Q F T: 2.29

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Panoramic
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Door Opener, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 2376-004-021
  • Geocode Override: No
  • Lot Size Area: 6000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2012
Sold by
Kwon John and Kwon Sonya
Bought by
Salazar Edward and Salazar Juliet
Current Estimated Value
$2,219,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2006
Sold by
Cashs Inc
Bought by
Zomer Eddie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 17, 2006
Sold by
Gottlieb Abraham
Bought by
Kwon John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,096,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2003
Sold by
Schumer William and Schumer Alice G
Bought by
Gottlieb Abraham

Purchase Details

Closed on
Jan 8, 2003
Sold by
Gottlieb Hilla
Bought by
Gottlieb Abraham
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Salazar Edward $780,000 Equity Title Los Angeles
Zomer Eddie $1,600,000 Financial Title Company
Kwon John $1,370,000 Chicago Title Co
Gottlieb Abraham $600,000 American Title
Gottlieb Abraham -- American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salazar Edward $624,000
Previous Owner Zomer Eddie $1,200,000
Previous Owner Kwon John $1,096,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/01/2019 01/01/19 Rented $6,500 0.0% --
11/13/2018 11/13/18 Price Changed $6,500 -6.5% $2 / Sq Ft
09/29/2018 09/29/18 Price Changed $6,950 -7.3% $2 / Sq Ft
09/15/2018 09/15/18 For Rent $7,500 +15.4% --
06/22/2017 06/22/17 Rented $6,500 0.0% --
05/25/2017 05/25/17 For Rent $6,500 +44.4% --
10/03/2012 10/03/12 Rented $4,500 0.0% --
10/02/2012 10/02/12 Under Contract -- -- --
09/26/2012 09/26/12 For Rent $4,500 0.0% --
08/10/2012 08/10/12 Sold $780,000 -3.7% $275 / Sq Ft View Prior Sale
05/08/2012 05/08/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $810,000 -- $286 / 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 $11,694 $960,500 $449,833 $510,667
2024 $11,694 $941,667 $441,013 $500,654
2023 $11,470 $923,204 $432,366 $490,838
2022 $10,939 $905,103 $423,889 $481,214
2021 $10,797 $887,357 $415,578 $471,779
2019 $10,475 $861,039 $403,252 $457,787
2018 $10,421 $844,157 $395,346 $448,811
2016 $9,949 $811,380 $379,996 $431,384
2015 $9,805 $799,194 $374,289 $424,905
2014 $9,838 $783,540 $366,958 $416,582
Source: Public Records

Agents Affiliated with this Home

  • Michael Ferretti

    Landlord's Agent in 2019

    Michael Ferretti

    DuPont Street Realty Advisors

    (310) 896-5003

    2 Total Sales

    Michael Ferretti
    Section Image

  • N

    Buyer's Agent in 2017

    Nick Sacco

    Keller Williams Hollywood Hills

    (818) 618-8406

    1 in this area

    7 Total Sales

    Nick Sacco
    Section Image

  • N

    Buyer's Agent in 2017

    Nicholas Sacco

    Coldwell Banker Residential Brokerage

  • David Kaptain

    Seller's Agent in 2012

    David Kaptain

    Compass

    (310) 432-6500

    8 in this area

    49 Total Sales

    David Kaptain
    Section Image
  • Jeff Kaptain

    Seller Co-Listing Agent in 2012

    Jeff Kaptain

    Compass

    (310) 432-6508

    4 in this area

    42 Total Sales

    Jeff Kaptain
    Section Image

  • M

    Seller Co-Listing Agent in 2012

    Michael Holguin

    Nourmand & Associates-HW

    (310) 407-9585

    Michael Holguin
    Section Image
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Map

Source: The MLS

MLS Number: 18-386860

The MLS

APN: 2376-004-021

California Los Angeles County Studio City 91604

12352 Laurel Terrace Dr, Studio City, CA

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