NOT LISTED FOR SALE

12719 Milbank St Studio City, CA 91604

Estimated Value: $1,658,000 - $1,953,000

3 Beds
2 Baths
1,559 Sq Ft
$1,190/Sq Ft Est. Value

Last Sold January 12, 2021

Last sale price $1,500,000 $962 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $11,884/month

56 Days on Market

Highlights

  • Wood Flooring
  • Ulysses S. Grant Senior High School Rated A-
  • 1-Story Property

About This Home

As of January 2021

Welcome home to Milbank in Studio City! A beautifully updated single story model perfect home located just a short distance from Beeman Park! The open concept great room includes a formal living room with newly installed brick facade, gas vent less fireplace, floor to ceiling windows flood the room with light and recessed lighting. The remodeled kitchen features an eating area, bar seating, stainless steel appliances, stainless farm sink, marble counter tops, tile back splash, newer cabinets with stainless Italian oven/cook top and hood. Glass barn door leads to the laundry room. Engineered flooring throughout (no carpet). The master bedroom has organized closets and adjoining newly remodeled bathroom. Two additional guest bedrooms share a newly remodeled full hall bathroom. Both bathrooms have hand painted tile and top of the line brass fixtures. The very private, low maintenance yard has been completely renovated with new concrete, artificial grass, tile patio, arbor, built in planters and fountain. 2 car detached garage could be converted to extra living space or even guest house/ADU. Tank less water heater. Electric gate provides access with a variety of options for parking. Nearby Beeman Park is just a few homes away which includes the Studio City Rec Center with lots of activities! Conveniently close to everything!

Last Agent to Sell the Property

Kari Diamond

RE/MAX ONE License #01711111 Listed on: 10/18/2020

RE/MAX ONE

Co-Listed By

Jeffrey Diamond

Berkshire Hathaway HomeServices California Properties License #01205734

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,256

Year Built

  • Built in 1942 | Remodeled

Lot Details

  • 5,314

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 2 Car Garage
  • Driveway

Additional Features

  • 1-Story Property
  • Sewer in Street

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,256

Year Built

Built in 1942 | Remodeled

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Efficiency: Water Heater
  • Unit Levels: Ground Level, One
  • Listing Member Name: Kari A Diamond
  • Listing Office Short Id: CB1905001
  • List Office Board Code: Conejo Simi Moorpark Association (CSMAR)
  • Open House Office I D: 20160917164812815188000000
  • Property Sub Type: Single Family Residence
  • Prop. Type: A
  • Selling Member Short Id: CRS-SR209000535
  • Selling Office Short Id: CRS-F4320012
  • Tract Suffix: Street
  • Mello Roos: No
  • Year Built: 1942
  • OFFICELIST_ZIP4: 1310
  • Special Features: None
  • Stories: 1

Interior Features

  • Advertising Remarks: Welcome home to Milbank in Studio City! A beautifully updated single story model perfect home located just a short distance from Beeman Park! The open concept great room includes a formal living room with newly installed brick facade, gas vent less fireplace, floor to ceiling windows flood the room with light and recessed lighting. The remodeled kitchen features an eating area, bar seating, stainless steel appliances, stainless farm sink, marble counter tops, tile back splash, newer cabinets with stainless Italian oven/cook top and hood. Glass barn door leads to the laundry room. Engineered flooring throughout (no carpet). The master bedroom has organized closets and adjoining newly remodeled bathroom. Two additional guest bedrooms share a newly remodeled full hall bathroom. Both bathrooms have hand painted tile and top of the line brass fixtures. The very private, low maintenance yard has been completely renovated with new concrete, artificial grass, tile patio, arbor, built in planters and fountain. 2 car detached garage could be converted to extra living space or even guest house/ADU. Tank less water heater. Electric gate provides access with a variety of options for parking. Nearby Beeman Park is just a few homes away
  • Appliances: Dishwasher, Garbage Disposal
  • Bathroom Features: Remodeled, Shower Over Tub, Tile
  • Basement Full Bathrooms: 2
  • Bedroom Features: Ground Floor Master, Main Floor Master
  • Cooking Appliances: Cooktop - Gas, Gas
  • DwellingTotalFloors: 1
  • Eating Areas: Breakfast Counter/Bar, Breakfast Room, Eat In Kitchen, Family Kitchen
  • Fireplace: Yes
  • Fireplace Features: Other
  • Fireplace Fuel: Other
  • Fireplace Location(s): Living Room
  • Flooring: Ceramic Tile, Wood/Wood Like
  • Kitchen Features: Counter Top, Gourmet Kitchen, Open to Family Room, Remodeled
  • Laundry Locations: Individual Room
  • Sprinklers: Sprinkler System
  • Windows: Custom/Window Coverings

Exterior Features

  • Common Walls: No
  • New Construction: Unknown
  • Disclosures: None
  • Foundation: Raised
  • FrontOfHouseFaces: House Faces South
  • Patio Features: Concrete Slab, Tile
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roofing: Composition
  • Spa: No
  • View: No

Garage/Parking

  • Parking Features: Auto Driveway Gate, Driveway - Concrete, Garage Door Opener
  • ParkingSpacesInformationRV: No
  • ParkingSpacesInformationTotalGarageSpaces: 2.00
  • ParkingSpacesInformationTotalParkingSpaces: 4.00
  • Parking Type: Garage - 2 Door, Garage Detached, Parking for Guests, Pull Through

Utilities

  • Cooling Type: Air Conditioning, Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central Furnace, Fireplace
  • Sewer: In Street
  • Hot Water: District/Public
  • Water Heater Feature: Natural Gas, Tankless

Condo/Co-op/Association

  • HOAInformationHOA: No
  • Senior Community: No

Lot Info

  • Lot Description: Fenced, Fenced Yard, Front Yard, Fully Fenced, Landscaped, Lawn, Lot-Level/Flat
  • Zoning: LAR1

Green Features

  • Green Location: Transportation, Walkability

Rental Info

  • Land Lease Type2: Fee Simple

Tax Info

  • APNTaxID: 2362017024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2024
Sold by
Petracca Timothy and Petracca Erin
Bought by
Petracca
Current Estimated Value
$1,855,790

Purchase Details

Listed on
Oct 18, 2020
Closed on
Dec 8, 2020
Sold by
Cohen Joshua D and Cohen Rebecca L
Bought by
Petracca Erin and Petracca Timothy
Seller's Agent
Kari Diamond
RE/MAX ONE
List Price
$1,500,000
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Original Mortgage
$1,200,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 17, 2017
Closed on
Mar 13, 2018
Sold by
Jjh Real Estate Lp
Bought by
Cohen Joshua D and Levi Rebecca L
Seller's Agent
Kandis Swimmer-Landmann
Keller Williams Westlake Village
Buyer's Agent
Jeffrey Diamond
Prudential California Realty-John Aaroe Division
List Price
$1,130,000
Sold Price
$1,130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%
Original Mortgage
$904,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 7, 2017
Closed on
Mar 30, 2017
Sold by
Wiltz Peter Joseph
Bought by
Jjh Real Estate Lp
Seller's Agent
Jeff Chonis
Buckingham Investments, Inc.
Buyer's Agent
Marshall McVeigh
Keller Williams Realty World Class
List Price
$798,000
Sold Price
$802,000
Premium/Discount to List
$4,000
0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.39%

Purchase Details

Closed on
Sep 15, 1995
Sold by
Rhodes Steven K
Bought by
Wiltz Peter Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
7.8%
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
Petracca -- None Listed On Document
Petracca Erin $1,500,000 Fidelity National Title Co
Cohen Joshua D $1,130,000 First American Title Company
Jjh Real Estate Lp $802,000 Progressive Title Company
Wiltz Peter Joseph $234,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petracca $334,000
Previous Owner Petracca Erin $1,200,000
Previous Owner Cohen Joshua D $889,000
Previous Owner Cohen Joshua D $904,000
Previous Owner Jjh Real Estate Lp $4,000,000
Previous Owner Wiltz Peter Joseph $189,687
Previous Owner Wiltz Peter Joseph $200,000
Previous Owner Wiltz Peter Joseph $178,000
Previous Owner Wiltz Peter Joseph $187,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2021 01/12/21 Sold $1,500,000 0.0% $962 / Sq Ft
12/13/2020 12/13/20 Pending -- -- --
10/18/2020 10/18/20 For Sale $1,500,000 +32.7% $962 / Sq Ft
04/10/2018 04/10/18 Sold $1,130,000 0.0% $725 / Sq Ft
03/11/2018 03/11/18 Pending -- -- --
11/17/2017 11/17/17 For Sale $1,130,000 +40.9% $725 / Sq Ft
04/14/2017 04/14/17 Sold $802,000 +0.5% $664 / Sq Ft
03/15/2017 03/15/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $798,000 -- $661 / Sq Ft
Source: Conejo Simi Moorpark Association of REALTORS®

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
2024 $19,256 $1,591,810 $1,133,476 $458,334
2023 $18,877 $1,560,599 $1,111,251 $449,348
2022 $17,988 $1,530,000 $1,089,462 $440,538
2021 $14,103 $1,187,830 $937,125 $250,705
2020 $14,247 $1,175,651 $927,516 $248,135
2019 $13,675 $1,152,600 $909,330 $243,270
2018 $10,918 $898,870 $654,432 $244,438
2016 $3,956 $328,361 $181,303 $147,058
2015 $3,897 $323,430 $178,580 $144,850
2014 $3,915 $317,095 $175,082 $142,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Conejo Simi Moorpark Association of REALTORS®

MLS Number: 220010505

Conejo Simi Moorpark Association of REALTORS®

APN: 2362-017-024