NOT LISTED FOR SALE

12458 Laurel Terrace Dr Studio City, CA 91604

Estimated Value: $964,000 - $1,162,000

2 Beds
2 Baths
816 Sq Ft
$1,309/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $960,000 $1,176 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,668/month

5 Days on Market

Highlights

  • Art Studio
  • Primary Bedroom Suite
  • Stone Countertops
  • North Hollywood Senior High School Rated A
  • City Lights View
  • No HOA

About This Home

As of March 2023

Nestled perfectly on the hill for utmost privacy is this chic designer cottage rich in character and classic charm from the 1940's that blends perfectly with its modern highlights. Make your way up the steps beyond the gate to an enchanting front porch perfectly sized for enjoying time reading your favorite book or sharing a glass of wine with friends and family. Welcome to 12458 Laurel Terrace Drive, where you will discover a light and bright open floor plan with vaulted ceilings and hard wood floors. Enjoy the updated kitchen accented with quartz counter tops, glass tile back splash and stainless-steel appliances. A great room that is large enough for both a dining and living room arrangement. The home has a remodeled main bathroom, appointed with subway tiles and a shower tub. A nice size primary bedroom with a window bookshelf that adds to the artistic appeal of the home, which is perfect for books and memories from your travels. The suite is complete with a dressing room and wet room bathroom. There is also a loft with a beautiful stained-glass window that can be used as a second bedroom, art studio or office with captivating views of the local palm trees.
You will fall in love with this location, as it sits in the most desirable neighborhood in all of Studio City, known as the “Silver Triangle”, where you are just a short stroll away from the boulevard shops and dining.

Last Agent to Sell the Property

Heather Thompson-Morera

HomeSmart Evergreen Realty License #01942998 Listed on: 02/15/2023

HomeSmart Evergreen Realty

Last Buyer's Agent

Dana Murphy

Redfin Corporation License #01348375

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,976

Year Built

  • Built in 1949

Lot Details

  • 5,998 Sq Ft Lot
  • Irregular Lot
  • Garden
  • Front Yard
  • Property is zoned LAR1

Property Views

  • City Lights
  • Hills

Home Design

  • Cottage

Interior Spaces

  • 816 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Art Studio
  • Storage

Kitchen

  • Open to Family Room
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Parking Available
  • Steep Slope
  • Parking Lot

Outdoor Features

  • Slab Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 402
  • Tax Tract Number 72
  • Assessor Parcel Number 2376002009
  • $224 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,976

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2376002009
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 816.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Stone Counters, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1176.47
  • Room Type: Art Studio, Kitchen, Living Room, Master Bedroom, Master Suite, Walk-In Closet
  • Bathroom Features: Shower, Shower In Tub
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: City Lights, Hills
  • Patio And Porch Features: Concrete, Slab
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Valley

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Irregular Lot, Steep Slope, Up Slope from Street
  • Lot Size Sq Ft: 5998.00
  • Lot Size Acres: 0.1377
  • Latitude Manual: 34.14197000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5998.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1439.01
  • Tax Lot: 402
  • Tax Tract Number: 72
  • TaxOtherAnnualAssessmentAmount: 224.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Feb 23, 2023
Sold by
Johnston Bradford and Johnston Natalie T
Bought by
Ariel Lenkov Family Trust
Seller's Agent
Heather Thompson-Morera
HomeSmart Evergreen Realty
Buyer's Agent
Dana Murphy
Redfin Corporation
List Price
$979,999
Sold Price
$960,000
Premium/Discount to List
-$19,999
-2.04%
Views
34
Current Estimated Value
$1,068,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,333
Avg. Annual Appreciation
4.96%

Purchase Details

Listed on
Jul 30, 2020
Closed on
Aug 27, 2020
Sold by
Smith John P
Bought by
Johnston Bradford and Johnston Natalie T
Seller's Agent
Debi Raveh
eXp Realty of California Inc
Buyer's Agent
Brandon Smith
Inactive Office
List Price
$799,000
Sold Price
$790,000
Premium/Discount to List
-$9,000
-1.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$750,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2013
Closed on
Apr 9, 2013
Sold by
Pettijohn Sonya Mahler
Bought by
Smith John P
Seller's Agent
Julie Hubert
Sotheby's International Realty
Buyer's Agent
Steve Heravi
Compass
List Price
$589,000
Sold Price
$530,000
Premium/Discount to List
-$59,000
-10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$511,052
Interest Rate
3.38%
Mortgage Type
VA

Purchase Details

Closed on
Mar 20, 2001
Sold by
Belttary Russell E
Bought by
Pettijohn Sonya Mahler and Pettijohn Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 10, 1994
Sold by
Belttary Russell E and Belttary Nilda R
Bought by
Belttary Russell E
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
Ariel Lenkov Family Trust $960,000 Corinthian Title
Johnston Bradford $790,000 Corinthian Title Company
Smith John P $530,000 Fidelity Van Nuys
Pettijohn Sonya Mahler $218,000 Equity Title
Belttary Russell E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnston Bradford $750,500
Previous Owner Smith John P $511,052
Previous Owner Pettijohn Sonya $500,000
Previous Owner Pettijohn Sonya Mahler $100,000
Previous Owner Belttary Russell E $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2023 03/23/23 Sold $960,000 -2.0% $1,176 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $979,999 +24.1% $1,201 / Sq Ft
10/23/2020 10/23/20 Sold $790,000 -1.1% $968 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $799,000 0.0% $979 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/21/2020 08/21/20 Price Changed $799,000 -11.1% $979 / Sq Ft
07/30/2020 07/30/20 For Sale $899,000 +69.6% $1,102 / Sq Ft
05/31/2013 05/31/13 Sold $530,000 -10.0% $576 / Sq Ft
04/03/2013 04/03/13 For Sale $589,000 -- $640 / Sq Ft
04/02/2013 04/02/13 Pending -- -- --
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 $11,976 $998,783 $799,027 $199,756
2024 $11,976 $979,200 $783,360 $195,840
2023 $10,087 $821,915 $657,532 $164,383
2022 $9,616 $805,800 $644,640 $161,160
2021 $9,502 $790,000 $632,000 $158,000
2019 $7,086 $585,066 $394,313 $190,753
2018 $7,069 $573,595 $386,582 $187,013
2016 $6,764 $551,323 $371,571 $179,752
2015 $6,666 $543,042 $365,990 $177,052
2014 $6,692 $532,405 $358,821 $173,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23018713

California Regional Multiple Listing Service (CRMLS)

APN: 2376-002-009