NOT LISTED FOR SALE

12991 Blairwood Dr Studio City, CA 91604

Estimated Value: $4,364,000 - $5,074,000

4 Beds
4.5 Baths
4,366 Sq Ft
$1,069/Sq Ft Est. Value

Last Sold September 28, 2017

Last sale price $3,400,000 $779 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $28,393/month

54 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • City Lights View
  • Ulysses S. Grant Senior High School Rated A-
  • Gated Parking
  • 0.68 Acre Lot

About This Home

As of September 2017

Opulent single story gated contemporary estate situated on 2/3 AC knoll in coveted Longridge Estates. A sweeping driveway around a large lawn w/ mature landscaping leads you to a grand double door entrance, surrounded by cascading pools, into a light filled open floor plan w/ volumnous ceilings throughout. Boasting 4,350 SF comprised of 4 BR, den (potential 5th BR), 4.5 BA, 3 car garage, gourmet kitchen, formal dining room, living room w/ custom built glass fireplace, new wood floors, automated shades, & recessed lighting throughout. A luxurious master suite opens to pool area overlooking city light views w/ fireplace. Master bath features spa tub, grand shower w/steam, double vanity, & his/her custom closets. An entertainers paradise opens to large pool area overlooking Studio City lights, waterfall, fireplace/pit, & automated shades for evening sun. Move right in or redevelop by adding 4,000 SF 2nd story to unlock 360 views. Short drive from Ventura!

Last Agent to Sell the Property

Shawn Kormondy

Keller Williams Beverly Hills License #01451888 Listed on: 07/19/2017

Keller Williams Beverly Hills

Last Buyer's Agent

Tracey Raphael

Sotheby's International Realty License #01450173

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,458

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • 0.68 Acre Lot
  • North Facing Home
  • Gated Home
  • Property is zoned LARE15

Home Design

  • Modern Architecture
  • Stucco

Interior Spaces

  • 4,366 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Skylights
  • Custom Window Coverings
  • Formal Entry
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Room
  • Den
  • City Lights Views
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Powder Room
  • Double Vanity
  • Bathtub with Shower
  • Double Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Driveway
  • Gated Parking
  • Controlled Entrance

Pool

  • In Ground Pool
  • In Ground Spa
  • Waterfall Pool Feature

Outdoor Features

  • Patio
  • Fire Pit

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2385-017-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,458

Year Built

Built in 1976 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Opulent single story gated contemporary estate situated on 2/3 AC knoll in coveted Longridge Estates. A sweeping driveway around a large lawn w/ mature landscaping leads you to a grand double door entrance, surrounded by cascading pools, into a light filled open floor plan w/ volumnous ceilings throughout. Boasting 4,350 SF comprised of 4 BR, den (potential 5th BR), 4.5 BA, 3 car garage, gourmet kitchen, formal dining room, living room w/ custom built glass fireplace, new wood floors, automated shades, & recessed lighting throughout. A luxurious master suite opens to pool area overlooking city light views w/ fireplace. Master bath features spa tub, grand shower w/steam, double vanity, & his/her custom closets. An entertainers paradise opens to large pool area overlooking Studio City lights, waterfall, fireplace/pit, & automated shades for evening sun. Move right in or redevelop by adding 4,000 SF 2nd story to unlock 360 views. Short drive from Ventura!
  • Entry Location: Ground Level - no steps
  • Living Area: 4366
  • Lot Acreage: 0.6800
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1976
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Fire Pit, Living Room, Master Bedroom, Patio
  • Flooring: Hardwood, Tile
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Bedroom Features: Master Suite, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Double Vanity(s), Dual Entry (Jack & Jill) Bath, Powder Room, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 824.32
  • Windows: Custom Window Covering, Skylights

Exterior Features

  • Direction Faces: North
  • Construction: Stucco
  • Tennis Court Y/N: No
  • Pool Description: In Ground, Waterfall
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Controlled Entrance, Covered Parking, Direct Entrance, Driveway, Garage - 3 Car, Garage Is Attached, Gated
  • Total Parking: 8

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Gated, T.V.

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 2385-017-004
  • Geocode Override: No
  • Lot Size Area: 29780

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2017
Closed on
Aug 16, 2017
Sold by
Kim Bang Ja
Bought by
Weingarten Alex M and Weincarter Heather
Seller's Agent
Shawn Kormondy
Keller Williams Beverly Hills
Buyer's Agent
Tracey Raphael
Sotheby's International Realty
List Price
$3,600,000
Sold Price
$3,400,000
Premium/Discount to List
-$200,000
-5.56%
Current Estimated Value
$4,668,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,268,995
Avg. Annual Appreciation
4.00%
Original Mortgage
$2,380,000
Outstanding Balance
$1,982,164
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$2,686,831

Purchase Details

Closed on
Nov 2, 2015
Sold by
Lee Soo Man
Bought by
Kim Bang Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2011
Sold by
Lee Jamie
Bought by
Lee Soo Man

Purchase Details

Closed on
May 13, 2011
Sold by
Maya Ralph and Maya Reina
Bought by
Lee Soo Man

Purchase Details

Closed on
Dec 22, 2006
Sold by
Maya Ralph and Maya Reina
Bought by
Maya Ralph and Maya Reina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,500
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2006
Sold by
Marks Todd Brandon and Marks Lori Michelle
Bought by
Maya Ralph and Maya Reina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 10, 2001
Sold by
Marks Todd Brandon
Bought by
Marks Todd Brandon and Marks Lori Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.09%

Purchase Details

Closed on
Jan 12, 2001
Sold by
Marks Todd B and Marks Lori Michelle
Bought by
Marks Todd Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.75%

Purchase Details

Closed on
Jul 17, 1995
Sold by
Miller Steven and Openshaw Miller Antoinette
Bought by
Marks Todd Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
8.25%
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
Weingarten Alex M $3,400,000 Chicago Title Co
Kim Bang Ja $3,000,000 Priority Title Company
Lee Soo Man -- California Title Company
Lee Soo Man $2,800,000 California Title Company
Maya Ralph -- Accommodation
Maya Ralph -- Fidelity National Title Co
Maya Ralph $3,625,000 California Title Company
Marks Todd Brandon -- Gateway Title Company
Marks Todd Brandon -- Fidelity Title
Marks Todd Brandon $780,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weingarten Alex M $2,380,000
Previous Owner Kim Bang Ja $2,100,000
Previous Owner Maya Ralph $995,500
Previous Owner Maya Ralph $1,000,000
Previous Owner Marks Todd Brandon $1,000,000
Previous Owner Marks Todd Brandon $650,000
Previous Owner Marks Todd Brandon $624,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2017 09/28/17 Sold $3,400,000 -5.5% $779 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
08/12/2017 08/12/17 Price Changed $3,599,000 0.0% $824 / Sq Ft
07/19/2017 07/19/17 For Sale $3,600,000 -- $825 / Sq Ft
Source: The MLS

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 $47,458 $3,967,480 $2,561,024 $1,406,456
2024 $47,458 $3,889,687 $2,510,808 $1,378,879
2023 $46,532 $3,813,420 $2,461,577 $1,351,843
2022 $44,360 $3,738,648 $2,413,311 $1,325,337
2021 $43,827 $3,665,342 $2,365,992 $1,299,350
2019 $41,470 $3,468,000 $2,295,816 $1,172,184
2018 $41,133 $3,400,000 $2,250,800 $1,149,200
2016 $36,154 $3,000,000 $2,100,300 $899,700
2015 $35,978 $2,984,813 $1,790,888 $1,193,925
2014 $36,084 $2,926,345 $1,755,807 $1,170,538
Source: Public Records

Agents Affiliated with this Home

  • Shawn Kormondy

    Seller's Agent in 2017

    Shawn Kormondy

    Keller Williams Beverly Hills

    (323) 638-7567

    6 in this area

    151 Total Sales

    Shawn Kormondy
    Section Image
  • Tracey Raphael

    Buyer's Agent in 2017

    Tracey Raphael

    Sotheby's International Realty

    (818) 783-7721

    1 in this area

    10 Total Sales

    Tracey Raphael
    Section Image
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Map

Source: The MLS

MLS Number: 17-252966

The MLS

APN: 2385-017-004

California Los Angeles County Studio City 91604

12991 Blairwood Dr, Studio City, CA

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