Seller's Agent in 2024
Oren Mordkowitz
Pinnacle Estate Properties, Inc.
(818) 933-5866
2 in this area
88 Total Sales
12438 Laurel Terrace Dr Studio City, CA 91604
Estimated Value: $1,183,000 - $1,478,718
3
Beds
2.5
Baths
1,255
Sq Ft
$1,037/Sq Ft
Est. Value
Highlights
- Updated Kitchen
- View of Hills
- Contemporary Architecture
- North Hollywood Senior High School Rated A
- Deck
- Quartz Countertops
About This Home
As of March 2024***CHECK OUT THIS PHENOMENAL DEAL SOUTH OF THE BOULREVARD AND LOWEST PRICED COMPLETELY REMODELED HOME IN ALL OF STUDIO CITY!!!*** Sleek, sexy and completely re-envisioned! Located in the premier Silver Triangle neighborhood, steps from boulevard shops and dining. This sensationally updated residence has been remodeled from top to bottom, highlighted with timeless block wall accents, luxury flooring, sunlit living spaces, designer touches, and great room styled living that includes its amazing and brand new cooks kitchen with custom contemporary cabinetry, stainless appliances, elegant quartz counters, spacious living room and flexible family dining. Encompassing three fantastic bedrooms that include its downstairs ensuite bedroom with new private bath and up the floating staircase you will find two additional bedrooms both with direct rear yard access. Step out and relax in a truly special and ultra-private rear yard setting with wrap around patio, all perfectly surrounded by its natural landscape, unique rock formations and serene trees that seamlessly create an atmosphere for any occasion. So many incredible features and upgrades including new plumbing, windows, roof, air system, electrical and lighting just to name a few. Located within the highly acclaimed Carpenter Elementary School District and perfectly positioned within a short stroll to all the amazing venues that Studio City has to offer!
Last Agent to Sell the Property
Pinnacle Estate Properties, Inc. Brokerage Email: oren@orenestates.com License #01246402 Listed on: 02/29/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,896
Year Built
- Built in 1951 | Remodeled
Lot Details
- 6,000 Sq Ft Lot
- Wood Fence
- Landscaped
- Property is zoned LAR1
Parking
- 1 Car Attached Garage
- Carport
- Parking Available
Home Design
- Contemporary Architecture
- Entry on the 1st floor
- Turnkey
- Tile Roof
- Composition Roof
Interior Spaces
- 1,255 Sq Ft Home
- 2-Story Property
- Recessed Lighting
- Double Pane Windows
- Family Room Off Kitchen
- Living Room
- Views of Hills
- Laundry Room
Kitchen
- Updated Kitchen
- Open to Family Room
- Gas and Electric Range
- Dishwasher
- Quartz Countertops
- Pots and Pans Drawers
- Self-Closing Drawers and Cabinet Doors
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- Remodeled Bathroom
- Quartz Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Low Flow Toliet
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Outdoor Features
- Deck
- Open Patio
- Wrap Around Porch
Utilities
- Central Heating and Cooling System
- Heat Pump System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 406
- Tax Tract Number 72
- Assessor Parcel Number 2376002013
- $258 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 29, 2024
Closed on
Mar 14, 2024
Sold by
Nad Investments Llc
Bought by
Faraudo Katelyn
Seller's Agent
Oren Mordkowitz
Pinnacle Estate Properties, Inc.
Buyer's Agent
Tori Horowitz
Compass
List Price
$1,249,000
Sold Price
$1,200,000
Premium/Discount to List
-$49,000
-3.92%
Views
213
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,930
Avg. Annual Appreciation
5.26%
Original Mortgage
$540,000
Outstanding Balance
$531,035
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$770,895
Purchase Details
Listed on
Jul 11, 2022
Closed on
Aug 3, 2022
Sold by
Murray P Michael
Bought by
Nad Investments Llc
Seller's Agent
Ryan Fitzgerald
Vylla Home, Inc.
Buyer's Agent
Ryan Fitzgerald
Vylla Home, Inc.
List Price
$875,000
Sold Price
$720,000
Premium/Discount to List
-$155,000
-17.71%
Views
1
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.34%
Purchase Details
Closed on
Jan 30, 2002
Sold by
Carter Carole L
Bought by
Murray P Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
6.8%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Faraudo Katelyn | $1,200,000 | Lawyers Title | |
| Nad Investments Llc | $720,000 | Lawyers Title | |
| Murray P Michael | $359,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Faraudo Katelyn | $540,000 | |
| Previous Owner | Murray P Michael | $287,200 | |
| Closed | Murray P Michael | $35,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/26/2024 03/26/24 | Sold | $1,200,000 | -3.9% | $956 / Sq Ft | |
| 03/16/2024 03/16/24 | Pending | -- | -- | -- | |
| 02/29/2024 02/29/24 | For Sale | $1,249,000 | +73.5% | $995 / Sq Ft | |
| 08/16/2022 08/16/22 | Sold | $720,000 | -17.7% | $574 / Sq Ft | View Prior Sale |
| 08/02/2022 08/02/22 | Pending | -- | -- | -- | |
| 07/11/2022 07/11/22 | For Sale | $875,000 | -- | $697 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $14,896 | $1,224,000 | $1,083,036 | $140,964 |
| 2024 | $14,896 | $1,218,900 | $918,000 | $300,900 |
| 2023 | $14,606 | $1,195,000 | $900,000 | $295,000 |
| 2022 | $6,010 | $499,744 | $376,413 | $123,331 |
| 2021 | $5,933 | $489,946 | $369,033 | $120,913 |
| 2019 | $5,755 | $475,417 | $358,089 | $117,328 |
| 2018 | $5,725 | $466,096 | $351,068 | $115,028 |
| 2016 | $5,467 | $447,999 | $337,437 | $110,562 |
| 2015 | $5,388 | $441,271 | $332,369 | $108,902 |
| 2014 | $5,409 | $432,628 | $325,859 | $106,769 |
Source: Public Records
Agents Affiliated with this Home
-
Oren Mordkowitz
-
Tori Horowitz
Buyer's Agent in 2024
Tori Horowitz
Compass
(323) 646-0334
8 in this area
179 Total Sales
-
Brienna Holmes
Buyer's Agent in 2024
Brienna Holmes
Compass
(626) 205-4040
2 in this area
70 Total Sales
-
Ryan Fitzgerald
Seller's Agent in 2022
Ryan Fitzgerald
Vylla Home, Inc.
(310) 402-6000
2 in this area
22 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24041943
APN: 2376-002-013
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