NOT LISTED FOR SALE

12435 Laurel Terrace Dr Studio City, CA 91604

Estimated Value: $1,601,828 - $1,939,000

3 Beds
2 Baths
1,750 Sq Ft
$1,006/Sq Ft Est. Value

Last Sold June 12, 2015

Last sale price $1,030,000 $589 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $10,460/month

28 Days on Market

Highlights

  • Primary Bedroom Suite
  • View of Trees or Woods
  • English Architecture
  • North Hollywood Senior High School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of June 2015

Major Price Reduction on this HIDDEN TREASURE! Beautiful Classic 1925 English Tudor Home Full of Charm & Character. Secluded behind the Private Hedges and Gates You Will Find an Enchanting Retreat with Lovely Gardens and Wonderful Lush Grounds. Prepare To Fall In Love with this 3 bedrooms +2 baths +Bonus Room/Den and Studio Office. You must see this special home to appreciate the tranquil and quiet setting where you can relax and enjoy listening to birds chirping while sitting on the cozy window bench in the living room with fireplace. Dreamy Master Suite with extra high ceilings, another fireplace, picturesque Skylights and Douglas Fir Hardwood Floors. Exceptional Grounds for Entertaining. Enjoy Social Gatherings and Special Get-Togethers in the Formal Dining Room & Under the Lights in the Covered Patio & Open Brick Courtyard. MUST SEE!!! On a desirable and quiet location of Laurel Terrace Drive. Silver Triangle, South of the Boulevard. Best Prime Location & Close to All the Fabulous Shops, Popular Casual & Fine Dining Restaurants, Coffee Houses, Golf, Tennis, Parks, Fryman Canyon Trails, Entertainment Studios, Farmers Market & Carpenter Community Charter School.

Last Agent to Sell the Property

Mimi Kim

Engel & Völkers Burbank License #01269481 Listed on: 04/15/2015

Engel & Völkers Burbank

Last Buyer's Agent

Laura Pardini

Compass License #01066709

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,988

Year Built

  • Built in 1925

Lot Details

  • 7,680 Sq Ft Lot
  • South Facing Home
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Irregular Lot
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Woods
  • Hills
  • Neighborhood

Home Design

  • English Architecture
  • Tudor Architecture
  • Turnkey
  • Composition Roof

Interior Spaces

  • 1,750 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • French Doors
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 358
  • Tax Tract Number 7203
  • Assessor Parcel Number 2369001007

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,988

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: English, Tudor
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2369001007
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1750.00
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 588.57
  • Room Type: Bonus Room, Den, Main Floor Bedroom, Master Suite, Office
  • Window Features: Skylight(s)

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • View: Hills, Neighborhood, Trees/Woods
  • Patio And Porch Features: Brick, Covered, Porch, Patio, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Back Yard, Front Yard, Garden, Lawn, Landscaped, Irregular Lot, Lot 6500-9999, Level with Street, Paved, Corner Lot, Yard
  • Lot Size Sq Ft: 7680.00
  • Price Per Lot Square Foot: 134.11
  • Lot Size Acres: 0.1760

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7680.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 358
  • Tax Tract Number: 7203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2015
Closed on
May 15, 2015
Sold by
Silver Andrew
Bought by
Musolino Regina and Kitson Robert
Seller's Agent
Mimi Kim
Engel & Völkers Burbank
Buyer's Agent
Laura Pardini
Compass
List Price
$1,089,000
Sold Price
$1,030,000
Premium/Discount to List
-$59,000
-5.42%
Current Estimated Value
$1,759,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$729,707
Avg. Annual Appreciation
5.30%
Original Mortgage
$875,500
Outstanding Balance
$673,474
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$1,086,233

Purchase Details

Closed on
Oct 17, 2003
Sold by
Cahill Stanley
Bought by
Silver Andrew and Spinks Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 1997
Sold by
Yellen Sherman
Bought by
Cahill Stanley and Cahill Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,600
Interest Rate
8%
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
Musolino Regina $1,030,000 Orange Coast Title Company
Silver Andrew $695,000 Equity Title Company
Cahill Stanley $287,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musolino Regina $875,500
Previous Owner Silver Andrew $556,000
Previous Owner Cahill Stanley $229,600
Closed Silver Andrew $139,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2015 06/12/15 Sold $1,030,000 -1.8% $589 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
05/08/2015 05/08/15 Price Changed $1,049,000 -3.7% $599 / Sq Ft
04/15/2015 04/15/15 For Sale $1,089,000 -- $622 / 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 $14,988 $1,237,897 $990,322 $247,575
2024 $14,988 $1,213,625 $970,904 $242,721
2023 $14,699 $1,189,829 $951,867 $237,962
2022 $14,018 $1,166,500 $933,203 $233,297
2021 $13,849 $1,143,628 $914,905 $228,723
2019 $13,436 $1,109,709 $887,769 $221,940
2018 $13,376 $1,087,951 $870,362 $217,589
2016 $12,797 $1,045,707 $836,566 $209,141
2015 $10,134 $822,181 $564,526 $257,655
2014 $10,169 $806,076 $553,468 $252,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB15078631

California Regional Multiple Listing Service (CRMLS)

APN: 2369-001-007