NOT LISTED FOR SALE

12356 Laurel Terrace Dr Studio City, CA 91604

Estimated Value: $1,275,000 - $1,619,701

2 Beds
2 Baths
1,154 Sq Ft
$1,256/Sq Ft Est. Value

Last Sold July 26, 2018

Last sale price $1,075,000 $932 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $8,776/month

76 Days on Market

Highlights

  • Valley View
  • Modern Architecture
  • 2 Car Direct Access Garage
  • North Hollywood Senior High School Rated A
  • No HOA
  • Side by Side Parking

About This Home

As of July 2018

"Fresh" and "sleek" describe this carefully-updated 1960s Modern 2-bedroom, 2-bath home in Studio City's admired Silver Triangle. What's new?: upgraded electrical system with all LED lighting; "smart home" network; home theater wiring; new xeriscaping front and rear; new doors, windows and fencing; new slate exterior and travertine interior finishes; new laundry room and appliances; quartz counters; stainless fixtures; new marble bathrooms with European fixtures; new contemporary steel panel garage door and tankless water heater. Also: hardwood flooring; floor-to-ceiling windows; mitered-glass corner window; steam shower; bridge to terraced garden with Valley-view deck; private garden dining "room" off granite-stainless-maple kitchen; just south of Ventura Boulevard's myriad amenities. White glove, move-in condition, of course! See attached "Recent Work" doc for upgrade details.

Last Agent to Sell the Property

Richard Stanley

Coldwell Banker Realty License #00971211 Listed on: 04/05/2018

Coldwell Banker Realty

Last Buyer's Agent

Laura Markosian

Coldwell Banker Realty License #01291002

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,272

Year Built

  • Built in 1965

Lot Details

  • 5,999 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Modern Architecture

Interior Spaces

  • 1,154 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Living Room
  • Dining Area
  • Stone Flooring
  • Valley Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 2 Car Direct Access Garage
  • Side by Side Parking
  • Garage Door Opener

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2376-004-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,272

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 1154
  • Stories: 2
  • Year Built: 1965
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Stone
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 931.54

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Valley
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Direct Entrance, Door Opener, Garage - 2 Car, Side By Side

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2376-004-020
  • Geocode Override: No
  • Lot Size Area: 5999

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
Jun 26, 2018
Sold by
Wiemer Jeremy
Bought by
Minton Christopher R and Minton Sheila J
Seller's Agent
Richard Stanley
Coldwell Banker Realty
Buyer's Agent
Laura Markosian
Coldwell Banker Realty
List Price
$1,150,000
Sold Price
$1,075,000
Premium/Discount to List
-$75,000
-6.52%
Current Estimated Value
$1,449,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,675
Avg. Annual Appreciation
4.20%
Original Mortgage
$832,000
Outstanding Balance
$718,956
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$730,719

Purchase Details

Listed on
Nov 4, 2016
Closed on
Nov 30, 2016
Sold by
Nichols Frank M
Bought by
Wiemer Jeremy
Seller's Agent
Rosa Millan
Better Homes and Gardens Real Estate Town Center
Buyer's Agent
Richard Stanley
Coldwell Banker Realty
List Price
$999,000
Sold Price
$940,000
Premium/Discount to List
-$59,000
-5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$658,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2006
Sold by
Gorodezky Tal and Gorodesky Tal
Bought by
Nichols Frank M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 15, 2005
Sold by
Klemow Neil N and Neil N Klemow Trust
Bought by
Gorodesky Tal

Purchase Details

Closed on
May 12, 2005
Sold by
Gorodesky Josi and Gorokesky Josephine S
Bought by
Gorodesky Tal

Purchase Details

Closed on
Jan 10, 2005
Sold by
Peraza Yolanda
Bought by
Klemow Neil N and Neil N Klemow Trust

Purchase Details

Closed on
Dec 29, 2004
Sold by
Klemow Annette
Bought by
Peraza Yolanda

Purchase Details

Closed on
Jul 13, 2004
Sold by
Klemow Annette
Bought by
Klemow Annette

Purchase Details

Closed on
Feb 4, 2003
Sold by
Mori Alvin K
Bought by
Klemow Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.5%
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
Minton Christopher R $1,075,000 Equity Title Los Angeles
Wiemer Jeremy $940,000 Title 365
Nichols Frank M $875,000 Fidelity National Title Co
Gorodesky Tal $650,000 Equity Title Company
Gorodesky Tal -- Equity Title Company
Klemow Neil N $360,000 Equity Title Company
Peraza Yolanda -- Equity Title Company
Klemow Annette -- Equity Title Company
Klemow Annette -- --
Klemow Annette $360,000 Equity Title Company
Mori Alvin K -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minton Christopher R $832,000
Previous Owner Wiemer Jeremy $658,000
Previous Owner Nichols Frank M $700,000
Previous Owner Klemow Annette $322,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2018 07/26/18 Sold $1,075,000 0.0% $932 / Sq Ft
05/16/2018 05/16/18 Price Changed $1,075,000 -6.5% $932 / Sq Ft
04/05/2018 04/05/18 For Sale $1,150,000 +22.3% $997 / Sq Ft
12/28/2016 12/28/16 Sold $940,000 -0.9% $815 / Sq Ft View Prior Sale
11/22/2016 11/22/16 Pending -- -- --
11/17/2016 11/17/16 Price Changed $949,000 -5.0% $822 / Sq Ft
11/04/2016 11/04/16 For Sale $999,000 -- $866 / 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 $14,272 $1,199,177 $890,181 $308,996
2024 $14,272 $1,175,665 $872,727 $302,938
2023 $13,992 $1,152,614 $855,615 $296,999
2022 $13,335 $1,130,015 $838,839 $291,176
2021 $13,174 $1,107,859 $822,392 $285,467
2019 $12,776 $1,075,000 $798,000 $277,000
2018 $11,696 $958,800 $765,306 $193,494
2016 $11,446 $950,000 $760,000 $190,000
2015 $11,447 $950,000 $760,000 $190,000
2014 $9,651 $781,000 $624,800 $156,200
Source: Public Records

Agents Affiliated with this Home

  • Richard Stanley

    Seller's Agent in 2018

    Richard Stanley

    Coldwell Banker Realty

    (213) 300-4567

    2 in this area

    38 Total Sales

    Richard Stanley
    Section Image
  • Laura Markosian

    Buyer's Agent in 2018

    Laura Markosian

    Coldwell Banker Realty

    (323) 333-1431

    1 in this area

    33 Total Sales

    Laura Markosian
    Section Image

  • R

    Seller's Agent in 2016

    Rosa Millan

    Better Homes and Gardens Real Estate Town Center

See All Agents

Map

Source: The MLS

MLS Number: 18-329974

The MLS

APN: 2376-004-020

California Los Angeles County Studio City 91604

12356 Laurel Terrace Dr, Studio City, CA

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