NOT LISTED FOR SALE

12408 Otsego St Valley Village, CA 91607

Valley Village Neighborhood

Estimated Value: $1,755,000 - $2,232,000

3 Beds
2 Baths
1,635 Sq Ft
$1,205/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $1,735,000 $1,061 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $12,545/month

Highlights

  • Private Pool
  • No HOA
  • Living Room
  • North Hollywood Senior High School Rated A
  • Neighborhood Views
  • Laundry Room

About This Home

As of August 2021

This open, bright and stunner located in prime Valley Village in the coveted Colfax Charter School district. This beautiful 3 bedroom 2.5 bath home is flooded with tons of natural light. You will love the open kitchen with a large island, quartz countertops, and all brand new Jenn-Air appliances. The home also features white oak flooring, three spacious bedrooms and all of the room inside the home to entertain. Step outside through 8ft bifold doors to an open pergola and enjoy your newly landscaped yard with a beautiful pool and waterfall feature. Enjoy close freeway access, Colfax Charter School District, parks and shopping nearby.

Last Agent to Sell the Property

Jonathan Higgins

No Firm Affiliation License #02082695 Listed on: 07/09/2021

Last Buyer's Agent

Gregory Restivo

Keller Williams Realty-Studio City License #02060986

Keller Williams Realty-Studio City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,933

Year Built

  • Built in 1947

Lot Details

  • 6,290 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Interior Spaces

  • 1,635 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Private Pool
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 13467
  • Assessor Parcel Number 2356022006

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,933

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2356022006
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1635.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1061.16
  • Room Type: Family Room, Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • 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

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6290.00
  • Lot Size Acres: 0.1444

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6290.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1240.00
  • Tax Lot: 7
  • Tax Tract Number: 13467

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Jul 16, 2021
Sold by
Pintar Investment Company Residential Lp
Bought by
Rafla Mark and Leader Phoebe Heit
Seller's Agent
Jonathan Higgins
No Firm Affiliation
Buyer's Agent
Gregory Restivo
Keller Williams Realty-Studio City
List Price
$1,599,000
Sold Price
$1,735,000
Premium/Discount to List
$136,000
8.51%
Current Estimated Value
$1,970,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,741
Avg. Annual Appreciation
3.22%
Original Mortgage
$772,500
Outstanding Balance
$703,956
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,266,785

Purchase Details

Listed on
Jun 17, 2020
Closed on
Jul 1, 2020
Sold by
Downey Jason A and Downey Julia P
Bought by
Pintar Investment Company Residential Lp
Seller's Agent
Tracy Tofte
eXp Realty of Greater Los Angeles, Inc.
Buyer's Agent
Jonathan Higgins
Ashby & Graff
List Price
$1,150,000
Sold Price
$1,005,500
Premium/Discount to List
-$144,500
-12.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.83%
Original Mortgage
$804,400
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 18, 2012
Sold by
Downey Nicole Elyse
Bought by
Downey Jason A

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
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2011
Sold by
Golden Owen N
Bought by
Downey Jason A and Downey Nicole Elyse

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
4.5%
Mortgage Type
New Conventional
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
Rafla Mark $1,735,000 First American Title Company
Pintar Investment Company Residential Lp $1,005,500 Fidelity National Title
Downey Jason A -- California Title Company
Downey Jason A $588,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rafla Mark $772,500
Previous Owner Pintar Investment Company Residential Lp $1,016,200
Previous Owner Pintar Investment Company Residential Lp $804,400
Previous Owner Downey Jason A $417,000
Previous Owner Downey Jason A $417,000
Previous Owner Golden Owen N $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $1,735,000 +8.5% $1,061 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $1,599,000 +59.0% $978 / Sq Ft
08/07/2020 08/07/20 Sold $1,005,500 -12.6% $615 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $1,150,000 -- $703 / 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 $21,933 $1,841,194 $1,211,792 $629,402
2024 $21,933 $1,805,093 $1,188,032 $617,061
2023 $21,504 $1,769,700 $1,164,738 $604,962
2022 $20,494 $1,735,000 $1,141,900 $593,100
2021 $12,076 $1,005,500 $804,400 $201,100
2020 $8,787 $717,865 $408,174 $309,691
2019 $8,438 $703,790 $400,171 $303,619
2018 $8,349 $689,991 $392,325 $297,666
2016 $7,973 $663,200 $377,092 $286,108
2015 $7,856 $653,239 $371,428 $281,811
2014 $7,883 $640,444 $364,153 $276,291
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jonathan Higgins

    No Firm Affiliation

  • Gregory Restivo

    Buyer's Agent in 2021

    Gregory Restivo

    Keller Williams Realty-Studio City

    (818) 414-4897

    1 in this area

    27 Total Sales

    Gregory Restivo
    Section Image
  • George Kpachavi

    Buyer Co-Listing Agent in 2021

    George Kpachavi

    Keller Williams Realty-Studio City

    (310) 525-0528

    3 in this area

    341 Total Sales

    George Kpachavi
    Section Image
  • Tracy Tofte

    Seller's Agent in 2020

    Tracy Tofte

    eXp Realty of Greater Los Angeles, Inc.

    (661) 714-8866

    103 Total Sales

    Tracy Tofte
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21138758

California Regional Multiple Listing Service (CRMLS)

APN: 2356-022-006

California Los Angeles County Valley Village 91607 Valley Village

12408 Otsego St, Valley Village, CA

This home is located at 12408 Otsego St, Valley Village, CA 91607 since 09 July 2021 and is currently estimated at $1,970,741, approximately $1,205 per square foot. This property was built in 1947. 12408 Otsego St is a home located in Los Angeles County with nearby schools including Walter Reed Middle, North Hollywood Senior High School, and Citizens of the World Charter School - East Valley.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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