NOT LISTED FOR SALE

12541 Addison St Valley Village, CA 91607

Estimated Value: $2,607,000 - $3,934,000

4 Beds
3.5 Baths
4,306 Sq Ft
$763/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $1,745,000 $405 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $19,419/month

44 Days on Market

Highlights

  • In Ground Pool
  • 0.65 Acre Lot
  • No HOA
  • Ulysses S. Grant Senior High School Rated A-
  • Traditional Architecture
  • Den with Fireplace

About This Home

As of May 2012

Former estate of Tom Hanks! Classic updated one level traditional is situated on a rare almost 30,000 sq ft gated FLAT LOT in the highly coveted "Magnolia Estates" area of Valley Village. Truly a one of a kind showplace home surrounded by larger estates and mature trees and landscape. The versatile floor plan includes 4 bedrooms, formal living and dining rooms, Pine accented Family Room w/ fireplace and a wonderful large scale den/home office w/ fireplace overlooking the verdant grounds.

Last Agent to Sell the Property

Andrew Manning

Berkshire Hathaway HomeServices California Properties License #00941825 Listed on: 02/13/2012

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Todd Pearl

Equity Union License #01407700

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,776

Year Built

  • Built in 1938

Lot Details

  • 0.65

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,306 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Den with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • In Ground Pool
  • Patio

Additional Features

  • 0.65 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 10930
  • Assessor Parcel Number 2357008009

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,776

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2357008009
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4306.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Den, Family Room, Living Room
  • Levels: One
  • Price Per Square Foot: 405.25
  • Room Type: Den, Family Room, Living Room, Primary Bedroom

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 28481.00
  • Lot Size Acres: 0.6500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 28481.0000 Square Feet

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 10930

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2017
Sold by
Kaplan Michael Gregory and Kaplan Jennifer Michelle
Bought by
Kaplan Michael G and Kaplan Jennifer M
Current Estimated Value
$3,283,963

Purchase Details

Listed on
Feb 13, 2012
Closed on
Mar 29, 2012
Sold by
Gitlin Larry F and Gitlin Rosetta
Bought by
Kaplan Michael Gregory and Kaplan Jennifer Michelle
Seller's Agent
Andrew Manning
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Todd Pearl
Equity Union
Sold Price
$1,745,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$1,275,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2001
Sold by
The Gitlin Family Ltd Partnership
Bought by
Gitlin Larry F and Gitlin Rosetta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
7.74%

Purchase Details

Closed on
Mar 12, 1999
Sold by
Gitlin Larry F
Bought by
The Gitlin Family Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
2.95%

Purchase Details

Closed on
Jan 4, 1996
Sold by
Gitlin Larry F and Gitlin Rosetta
Bought by
The Gitlin Family Ltd Partnership
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
Kaplan Michael G -- None Available
Kaplan Michael Gregory $1,700,000 California Title Company
Gitlin Larry F -- First American Title Co
The Gitlin Family Ltd Partnership -- Commonwealth Land Title Co
Gitlin Larry -- Commonwealth Land Title Co
The Gitlin Family Ltd Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaplan Michael Gregory $1,275,000
Previous Owner Gitlin Larry F $720,000
Previous Owner Gitlin Larry $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2012 05/25/12 Sold $1,745,000 -- $405 / Sq Ft
03/28/2012 03/28/12 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 $26,776 $2,215,091 $1,570,068 $645,023
2024 $26,776 $2,171,659 $1,539,283 $632,376
2023 $26,259 $2,129,078 $1,509,101 $619,977
2022 $25,044 $2,087,332 $1,479,511 $607,821
2021 $24,732 $2,046,404 $1,450,501 $595,903
2019 $23,995 $1,985,708 $1,407,479 $578,229
2018 $23,623 $1,946,774 $1,379,882 $566,892
2016 $22,573 $1,871,180 $1,326,300 $544,880
2015 $22,241 $1,843,074 $1,306,378 $536,696
2014 $22,313 $1,806,971 $1,280,788 $526,183
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Andrew Manning

    Berkshire Hathaway HomeServices California Properties

    Section Image
  • Todd Pearl

    Buyer's Agent in 2012

    Todd Pearl

    Equity Union

    (424) 254-9293

    54 Total Sales

    Todd Pearl
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12019687

California Regional Multiple Listing Service (CRMLS)

APN: 2357-008-009

California Los Angeles County Studio City 91607

12541 Addison St, Studio City, CA

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