Seller's Agent in 2023
David Kaptain
Compass
(310) 432-6500
9 in this area
51 Total Sales
12961 Otsego St Sherman Oaks, CA 91423
Estimated Value: $1,829,000 - $2,006,000
3
Beds
2.5
Baths
2,163
Sq Ft
$887/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Gourmet Kitchen
- Traditional Architecture
- Ulysses S. Grant Senior High School Rated A-
- Primary Bedroom Suite
- Hydromassage or Jetted Bathtub
About This Home
As of July 2023Nestled in the coveted Hidden Woods enclave, this timeless traditional with a large lot and sparkling pool was designer renovated and enlarged using premium quality finishes and utmost attention to detail throughout. The spacious and inviting one-level home begins in the open living room, which features a fireplace, crown moldings, and double sliding door access out to the covered patio, pool, and surrounding sun deck. Ideal for entertaining, the living room opens into the dining room and fabulous gourmet kitchen boasting luxury amenities such as instant hot and filtered cold water taps at the charming farmhouse sink, granite counters, soft-close cabinetry, and professional grade stainless steel appliances. Additionally, a walk-in pantry, laundry room with sink, and half bath reside off the kitchen. Private and serene, the sumptuous primary bedroom suite includes a spa-like bath with skylight, separate shower and tub, and dual vanity with premium marble tile finishes. Perfect for guests or other family members, the two additional bedrooms offer plenty of closet space and access to the beautifully remodeled hallway bath with a jetted-tub and flat panel TV above, separate shower, and dual vanity. Other features include recessed lights, dual pane windows and doors, built-in speakers, black out shades, alarm system, ceiling fans, freshly painted interiors, beautifully landscaped and fenced yards, a color-matched lockable storage shed, and numerous other interior and exterior touches epitomizing fine LA living.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,266
Year Built
- Built in 1951 | Remodeled
Lot Details
- 7,426 Sq Ft Lot
- Lot Dimensions are 55x135
- South Facing Home
- Landscaped
- Lawn
- Back and Front Yard
- Property is zoned LAR1
Home Design
- Traditional Architecture
- Turnkey
Interior Spaces
- 2,163 Sq Ft Home
- 1-Story Property
- Built-In Features
- Crown Molding
- Ceiling Fan
- Skylights
- Recessed Lighting
- Double Pane Windows
- Living Room with Fireplace
- Living Room with Attached Deck
- Formal Dining Room
- Security System Leased
- Laundry Room
Kitchen
- Gourmet Kitchen
- Walk-In Pantry
- Double Oven
- Range with Range Hood
- Microwave
- Freezer
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Stone
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- Powder Room
- Double Vanity
- Hydromassage or Jetted Bathtub
- Bathtub with Shower
Parking
- 4 Car Attached Garage
- Driveway
Outdoor Features
- In Ground Pool
- Covered patio or porch
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2358-029-030
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2023
Closed on
Jun 5, 2023
Sold by
Witkin Richard G and Witkin April M
Bought by
Ramos Family Trust and Ramos
Seller's Agent
David Kaptain
Compass
Buyer's Agent
Elyse Arbour
Rodeo Realty- Brentwood
List Price
$1,799,950
Sold Price
$1,745,000
Premium/Discount to List
-$54,950
-3.05%
Views
358
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,711
Avg. Annual Appreciation
5.00%
Purchase Details
Closed on
Jan 13, 2010
Sold by
Witkin Melvin
Bought by
Witkin Melvin and Revocable Living Trust Of Melvin & Franc
Purchase Details
Closed on
Dec 11, 2007
Sold by
Witkin Melvin
Bought by
Witkin Melvin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.25%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 30, 1996
Sold by
Witkin Melvin
Bought by
Witkin Melvin and Witkin Francine
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ramos Family Trust | $1,745,000 | Old Republic Title Company | |
| Witkin Melvin | -- | None Available | |
| Witkin Melvin | -- | Accommodation | |
| Witkin Melvin | -- | Stewart Title Riverside | |
| Witkin Melvin | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Witkin Richard G | $250,000 | |
| Previous Owner | Witkin Richard G | $495,000 | |
| Previous Owner | Witkin Melvin | $50,000 | |
| Previous Owner | Witkin Melvin | $32,374 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2023 07/03/23 | Sold | $1,745,000 | -3.1% | $807 / Sq Ft |
| 06/03/2023 06/03/23 | Pending | -- | -- | -- |
| 05/21/2023 05/21/23 | For Sale | $1,799,950 | 0.0% | $832 / Sq Ft |
| 05/14/2023 05/14/23 | Pending | -- | -- | -- |
| 04/30/2023 04/30/23 | For Sale | $1,799,950 | -- | $832 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $21,266 | $1,779,900 | $1,116,492 | $663,408 |
| 2024 | $21,266 | $1,745,000 | $1,094,600 | $650,400 |
| 2023 | $9,058 | $727,551 | $437,152 | $290,399 |
| 2022 | $8,639 | $713,286 | $428,581 | $284,705 |
| 2021 | $8,528 | $699,301 | $420,178 | $279,123 |
| 2019 | $8,274 | $678,561 | $407,716 | $270,845 |
| 2018 | $8,172 | $665,257 | $399,722 | $265,535 |
| 2016 | $7,801 | $639,426 | $384,201 | $255,225 |
| 2015 | $7,688 | $629,822 | $378,430 | $251,392 |
| 2014 | $7,717 | $617,486 | $371,018 | $246,468 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2023
Jeff Kaptain
Compass
(310) 432-6508
7 in this area
43 Total Sales
-
Buyer's Agent in 2023
Elyse Arbour
Rodeo Realty- Brentwood
(310) 893-9388
1 in this area
43 Total Sales
Map
Source: The MLS
MLS Number: 23-265511
APN: 2358-029-030
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