NOT LISTED FOR SALE

12823 Milbank St Studio City, CA 91604

Estimated Value: $3,342,480 - $4,020,000

5 Beds
6 Baths
3,931 Sq Ft
$907/Sq Ft Est. Value

Last Sold February 06, 2020

Last sale price $2,625,000 $668 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $21,715/month

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • Ulysses S. Grant Senior High School Rated A-
  • Cape Cod Architecture
  • Fireplace in Primary Bedroom

About This Home

As of February 2020

SOLD BEFORE PROCESSING

Last Agent to Sell the Property

Michael Okun

Sotheby's International Realty License #01430979 Listed on: 02/05/2020

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,111

Year Built

  • Built in 2017

Lot Details

  • 6,900 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 3,931 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Double Oven
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • In Ground Pool
  • In Ground Spa

Schools

  • Riverside Elementary School
  • Millikan Middle School
  • Grant High School

Utilities

  • Two cooling system units
  • Forced Air Zoned Heating System

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 5588
  • Assessor Parcel Number 2362018031

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,111

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 8182855105
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2362018031
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3931.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 667.77
  • Room Type: Family Room, Formal Entry, Guest/Maid's Quarters, Living Room, Master Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: In Ground

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Freezer, Disposal, Microwave, Range Hood, Refrigerator
  • Heating Type: Central, Zoned, Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Schools

  • School District: Los Angeles Unified
  • Elementary School: Riverside
  • Middle School: Millikan
  • High School: Grant
  • Elementary School: Riverside
  • High School: Grant
  • Middle Or Junior School: Millikan
  • Elementary School #2: RIVERS
  • High School2: GRANT

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6900.00
  • Lot Size Acres: 0.1584

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6900.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1434.00
  • Tax Lot: 26
  • Tax Tract Number: 5588

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
Jan 13, 2020
Sold by
Makurath Todd and Makurath Sarah
Bought by
Bilow David and Bilow Rosanna
Seller's Agent
Michael Okun
Sotheby's International Realty
List Price
$2,625,000
Sold Price
$2,625,000
Current Estimated Value
$3,463,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$838,630
Avg. Annual Appreciation
5.69%
Original Mortgage
$2,100,000
Outstanding Balance
$1,868,215
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$1,698,655

Purchase Details

Listed on
Mar 15, 2017
Closed on
Apr 14, 2017
Sold by
Bieda Pamela
Bought by
Bieda Eliot
Seller's Agent
Jennifer Niman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Michael Okun
Sotheby's International Realty
List Price
$2,335,000
Sold Price
$2,335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$1,868,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 15, 2017
Closed on
Mar 24, 2017
Sold by
12823 Milbank Associates Llc
Bought by
Makurath Todd and Makurath Sarah
Seller's Agent
Jennifer Niman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Michael Okun
Sotheby's International Realty
List Price
$2,335,000
Sold Price
$2,335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,868,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 11, 2015
Sold by
Bleda Eliot
Bought by
12823 Milbank Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2015
Sold by
Bieda Bill
Bought by
Bieda Bill and Bieda Eta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2015
Closed on
Sep 4, 2015
Sold by
Fuller Linda A
Bought by
Bieda Bill
Seller's Agent
Abby Belkin
Forward Real Estate
Buyer's Agent
Abby Belkin
Forward Real Estate
List Price
$725,000
Sold Price
$865,000
Premium/Discount to List
$140,000
19.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.33%

Purchase Details

Closed on
Oct 2, 2009
Sold by
Cracraft Linda Alice
Bought by
Fuller Linda A and Linda A Fuller Trust

Purchase Details

Closed on
Aug 3, 1994
Sold by
Wells Fargo Bank Na
Bought by
Cracraft Linda Alice
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
Bilow David $2,625,000 Chicago Title
Bieda Eliot -- Old Republic Title Company
Bieda Howard -- Old Republic Title Company
Makurath Todd $2,335,000 Old Republic Title Company
12823 Milbank Associates Llc -- None Available
Bieda Eliot -- None Available
Bieda Bill -- Priority Title
Bieda Bill $865,000 Old Republic Title Company
Fuller Linda A -- None Available
Cracraft Linda Alice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bilow David $2,100,000
Previous Owner Makurath Todd $1,868,000
Previous Owner Bieda Bill $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2020 02/06/20 Sold $2,625,000 0.0% $668 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $2,625,000 +12.4% $668 / Sq Ft
05/03/2017 05/03/17 Sold $2,335,000 0.0% $594 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $2,335,000 +169.9% $594 / Sq Ft
09/16/2015 09/16/15 Sold $865,000 +19.3% $701 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $725,000 -- $588 / Sq Ft
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 $34,111 $2,870,816 $1,301,108 $1,569,708
2024 $34,111 $2,814,527 $1,275,597 $1,538,930
2023 $33,441 $2,759,341 $1,250,586 $1,508,755
2022 $31,869 $2,705,237 $1,226,065 $1,479,172
2021 $31,478 $2,652,194 $1,202,025 $1,450,169
2020 $30,040 $2,477,919 $991,167 $1,486,752
2019 $28,830 $2,429,333 $971,733 $1,457,600
2018 $28,712 $2,381,700 $952,680 $1,429,020
2016 $10,442 $865,000 $692,000 $173,000
2015 $2,953 $236,585 $143,646 $92,939
2014 $2,971 $231,952 $140,833 $91,119
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20028408

California Regional Multiple Listing Service (CRMLS)

APN: 2362-018-031