NOT LISTED FOR SALE

12442 Laurel Terrace Dr Studio City, CA 91604

Estimated Value: $1,384,000 - $1,958,000

3 Beds
3 Baths
1,677 Sq Ft
$992/Sq Ft Est. Value

Last Sold June 23, 2015

Last sale price $1,000,000 $596 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $9,908/month

Highlights

  • Heated Spa
  • Rooftop Deck
  • Gated Parking
  • North Hollywood Senior High School Rated A
  • Gourmet Kitchen
  • Two Primary Bedrooms

About This Home

As of November 2017

This stunning remodeled contemporary home with fabulous views is located south of Ventura Blvd in the coveted "Silver Triangle" of Studio City and the award winning Carpenter School district. Can be rented SHORT or LONG TERM. Short term is a bit more depending on the term. The house boasts a gorgeous updated kitchen, new hardwood floors and new large windows that allow plenty of natural sunlight. There is a roof top deck with great views that is perfect for entertaining, sunbathing and barbecuing experiences. The property has a beautiful terraced garden and a hot tub to enjoy the sparkling city lights. Great entertainers home! The private roof top deck, has a beautiful garden and fruit trees. The view from there is AMAZING!! The house is just steps away from Ventura Blvd's shops, restaurants, The Farmer's Market and Fryman Canyon. There is a two garage and plenty of parking on this lovely tree lined street. AMAZING owner/landlord to deal with!!

Last Agent to Rent the Property

Violet Schmid

Home Smart Realty Group License #01470388 Listed on: 10/18/2017

Home Smart Realty Group

Last Renter's Agent

Violet Schmid

Home Smart Realty Group License #01470388 Listed on: 10/18/2017

Home Smart Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,453

Year Built

  • Built in 1965

Lot Details

  • 5,999 Sq Ft Lot
  • Fenced Yard
  • Drip System Landscaping
  • Backyard Sprinklers
  • Back Yard
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • Gated Parking

Home Design

  • Art Deco Architecture
  • Split Level Home
  • Stucco

Interior Spaces

  • 1,677 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Recessed Lighting
  • Double Pane Windows
  • Custom Window Coverings
  • Living Room with Fireplace
  • Living Room Balcony
  • Dining Room
  • Den
  • Center Hall
  • City Lights Views
  • Fire Sprinkler System
  • Basement

Kitchen

  • Gourmet Kitchen
  • Self-Cleaning Convection Oven
  • Gas Oven
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Rooftop Deck
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Central Water Heater
  • Water Purifier
  • Sewer in Street

Listing and Financial Details

  • Security Deposit $10,000
  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Rent includes gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 2376-002-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,453

Year Built

Built in 1965

Lot Details

0

Parking

2

Rental Info

  • Rent Includes: Gardener
  • Security Deposit: 10000
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Art Deco
  • Single Family Or Apt: Single Family
  • Levels: Multi/Split, Three Or More
  • Street Number Display: Yes
  • Advertising Remarks: This stunning remodeled contemporary home with fabulous views is located south of Ventura Blvd in the coveted "Silver Triangle" of Studio City and the award winning Carpenter School district. Can be rented SHORT or LONG TERM. Short term is a bit more depending on the term. The house boasts a gorgeous updated kitchen, new hardwood floors and new large windows that allow plenty of natural sunlight. There is a roof top deck with great views that is perfect for entertaining, sunbathing and barbecuing experiences. The property has a beautiful terraced garden and a hot tub to enjoy the sparkling city lights. Great entertainers home! The private roof top deck, has a beautiful garden and fruit trees. The view from there is AMAZING!! The house is just steps away from Ventura Blvd's shops, restaurants, The Farmer's Market and Fryman Canyon. There is a two garage and plenty of parking on this lovely tree lined street. AMAZING owner/landlord to deal with!!
  • Entry Location: Foyer
  • Lease Terms: 1+Year
  • Living Area: 1677
  • Stories: 2
  • Year Built: 1965
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Living Room Balcony, Pre-wired for high speed Data, Recessed Lighting
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Laminate, Tile, Travertine
  • Appliances: Built-In Gas, Continuous Clean Oven, Convection Oven, Microwave, Oven-Gas, Range Hood, Self Cleaning Oven
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Up, Master Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Granite, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, Living Room
  • Kitchen Features: Gourmet Kitchen, Granite Counters, Pantry, Remodeled
  • Laundry: In Unit, Laundry Area
  • Total Bathrooms: 3.00
  • Equipment: Washer, Water Filter, Water Line to Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 3.43
  • Windows: Custom Window Covering, Double Pane Windows

Exterior Features

  • Construction: Concrete, Stucco
  • Tennis Court Y/N: No
  • Fence: Redwood, Wood
  • Patio: Deck(s), Roof Top Deck
  • Pool: No
  • Spa: Above Ground, Heated, Hot Tub, Private
  • Spa Yn: Yes
  • View: City, City Lights, Walk Street
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Garage Is Attached, Gated, Private Garage
  • Total Parking: 2

Utilities

  • Volt 220: 220V Throughout
  • Water Heater: Central Water Heater
  • Cooling: Central
  • Heating: Central, Fireplace
  • Security: Fire and Smoke Detection System, Gated
  • Sewer: In Street
  • Water: District, In Street

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Sprinklers: Drip System, Rear, Sprinkler System, Sprinkler Timer
  • Assessor Parcel Number: 2376-002-012
  • Geocode Override: No
  • Lot Description: Back Yard, Fenced, Fenced Yard, Landscaped
  • Lot Size Area: 5999

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2015
Sold by
Wasser Jonathan
Bought by
Kaprikian Tom
Current Estimated Value
$1,662,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2012
Closed on
May 7, 2012
Sold by
Castro Raul
Bought by
Wasser Jonathan and The Jonathan Wasser Trust
Seller's Agent
Jose Leiva
Century 21 Allstars
Buyer's Agent
Gene Bush
Coldwell Banker Realty
List Price
$639,000
Sold Price
$615,600
Premium/Discount to List
-$23,400
-3.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$492,480
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2011
Sold by
Us Bank National Association
Bought by
Castro Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2010
Sold by
Kelemen Paul
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 24, 2009
Sold by
Kelemen Paul
Bought by
Shawna Jackson Frank Jackson Brian Cho E

Purchase Details

Closed on
Jun 1, 2004
Sold by
England Dean
Bought by
Williams Sherrill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2003
Sold by
Willimas Sherrill
Bought by
Williams Sherrill and England Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2003
Sold by
Frank Laura Margolis
Bought by
Williams Sherrill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2001
Sold by
Hatfield Christopher
Bought by
Frank Brian Harris and Frank Laura Margolis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.37%

Purchase Details

Closed on
Sep 10, 2001
Sold by
Macmillan Margaret C
Bought by
Hatfield Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.37%

Purchase Details

Closed on
Jun 30, 1999
Sold by
Woodworth Drake R
Bought by
Hatfield Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,400
Interest Rate
7%

Purchase Details

Closed on
Nov 30, 1998
Sold by
Woodworth Drake R
Bought by
Woodworth Drake R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,800
Interest Rate
6.69%

Purchase Details

Closed on
Mar 20, 1997
Sold by
Woodworth Dana L
Bought by
Woodworth Drake R

Purchase Details

Closed on
Mar 22, 1994
Sold by
Woodworth Dana L
Bought by
Woodworth Drake R and Woodworth Dana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.87%
Source: Public Records

Range of Values:

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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
Kaprikian Tom $1,000,000 Equity Title Los Angeles
Wasser Jonathan $616,000 Old Republic Title Company
Castro Raul $420,000 First American Title Company
Us Bank National Association $475,000 Accommodation
Shawna Jackson Frank Jackson Brian Cho E -- None Available
Williams Sherrill -- Southland Title
Kelemen Paul -- Southland Title
Williams Sherrill -- Southland Title
Williams Sherrill -- Southland Title
Frank Brian Harris $437,500 Equity Title Company
Hatfield Christopher -- Equity Title
Hatfield Christopher $428,000 First American Title Co
Woodworth Drake R -- --
Woodworth Drake R -- --
Woodworth Drake R -- Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaprikian Tom $500,000
Previous Owner Wasser Jonathan $492,480
Previous Owner Castro Raul $315,000
Previous Owner Kelemen Paul $568,000
Previous Owner Williams Sherrill $360,000
Previous Owner Frank Brian Harris $350,000
Previous Owner Hatfield Christopher $342,400
Previous Owner Woodworth Drake R $276,800
Previous Owner Woodworth Drake R $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2017 11/07/17 Rented $5,750 0.0% --
10/31/2017 10/31/17 Price Changed $5,750 +9.5% $3 / Sq Ft
10/18/2017 10/18/17 For Rent $5,250 -19.8% --
05/25/2016 05/25/16 Rented $6,550 0.0% --
04/29/2016 04/29/16 For Rent $6,550 0.0% --
04/28/2016 04/28/16 Off Market $6,550 -- --
04/27/2016 04/27/16 For Rent $6,550 0.0% --
06/23/2015 06/23/15 Sold $1,000,000 +0.5% $596 / Sq Ft View Prior Sale
04/17/2015 04/17/15 Pending -- -- --
04/08/2015 04/08/15 Price Changed $995,000 -9.5% $593 / Sq Ft
02/19/2015 02/19/15 Price Changed $1,099,000 -6.5% $655 / Sq Ft
02/09/2015 02/09/15 Price Changed $1,175,000 -2.1% $701 / Sq Ft
01/06/2015 01/06/15 For Sale $1,200,000 +94.9% $716 / Sq Ft
05/31/2012 05/31/12 Sold $615,600 -1.9% $463 / Sq Ft View Prior Sale
04/27/2012 04/27/12 Price Changed $627,500 -1.8% $472 / Sq Ft
04/01/2012 04/01/12 For Sale $639,000 -- $480 / 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 $14,453 $1,201,840 $600,079 $601,761
2024 $14,453 $1,178,275 $588,313 $589,962
2023 $14,172 $1,155,173 $576,778 $578,395
2022 $13,511 $1,132,523 $565,469 $567,054
2021 $13,347 $1,110,318 $554,382 $555,936
2019 $12,947 $1,077,388 $537,940 $539,448
2018 $12,891 $1,056,264 $527,393 $528,871
2016 $12,329 $1,015,249 $506,914 $508,335
2015 $7,898 $643,363 $418,040 $225,323
2014 $7,927 $630,762 $409,852 $220,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-281810

The MLS

APN: 2376-002-012