NOT LISTED FOR SALE

12996 Galewood St Studio City, CA 91604

Estimated Value: $3,081,000 - $4,692,000

5 Beds
6 Baths
5,230 Sq Ft
$772/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $2,400,000 $459 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $23,813/month

108 Days on Market

Highlights

  • In Ground Pool
  • Panoramic View
  • Living Room with Fireplace
  • Ulysses S. Grant Senior High School Rated A-
  • 27,944 Sq Ft lot
  • Traditional Architecture

About This Home

As of May 2019

Phenomenal Location. Unlimited Potential. Needs updating, but with 180 degree views of the entire valley, this home sits on one of the most desirable lots in Longridge Estates. A private gated driveway leads up to this Unique compound featuring a 4 bedroom, 5 bath, 4030 sqft house, a detached 2 story guest house (with an addl bedroom and bath), plus add'l detached poolroom (in need of repairs) but with electrical and plumbing already setup. The possibilities are endless. Even the pool has views! Get ready to create your dream home in the perfect setting! Trust Sale. No court conf required. Come take a look and imagine what comes next!

Last Agent to Sell the Property

Jonathan Lichterman

Rodeo Realty License #01216058 Listed on: 11/27/2018

Rodeo Realty

Co-Listed By

Patricia Coren

Rodeo Realty License #01873939

Last Buyer's Agent

Jonathan Lichterman

Rodeo Realty License #01216058 Listed on: 11/27/2018

Rodeo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,175

Year Built

  • Built in 1954

Lot Details

  • 0.64 Acre Lot
  • Property is zoned LARE15

Property Views

  • Panoramic
  • City Lights

Home Design

  • Traditional Architecture

Interior Spaces

  • 5,230 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Full Bathrooms

Parking

  • Garage
  • Guest Parking

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2385-017-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,175

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 5230
  • Stories: 1
  • Year Built: 1954
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Gas and Wood, Living Room
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Price Per S Q F T: 506.50

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: City, City Lights, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Garage Is Detached, Parking for Guests - Onsite

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2385-017-001
  • Geocode Override: No
  • Lot Size Area: 27944

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2018
Closed on
Mar 28, 2019
Sold by
The Kenney Family Trust
Bought by
Pesci Angel Daniel and Recatume Maria Soledad
Seller's Agent
Jonathan Lichterman
Rodeo Realty
Buyer's Agent
Jonathan Lichterman
Rodeo Realty
List Price
$2,649,000
Sold Price
$2,400,000
Premium/Discount to List
-$249,000
-9.4%
Current Estimated Value
$4,037,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,637,361
Avg. Annual Appreciation
8.34%
Original Mortgage
$2,160,000
Outstanding Balance
$1,871,969
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,165,392

Purchase Details

Closed on
Mar 6, 2018
Sold by
Fishburn Matthew and The Kenney Family Trust Of 198
Bought by
Fishburn Matthew and The Kenney Family Trust Of 198

Purchase Details

Closed on
Feb 14, 2005
Sold by
Kenney H Wesley and Kenney Heather North
Bought by
Kenney H Wesley and Kenney Heather
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
Pesci Angel Daniel $2,400,000 First American Title Company
Fishburn Matthew -- None Available
Fishburn Matthew -- None Available
Kenney H Wesley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pesci Angel Daniel $2,160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $2,400,000 -9.4% $459 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $2,649,000 +10.4% $507 / Sq Ft
03/09/2019 03/09/19 Off Market $2,400,000 -- --
02/11/2019 02/11/19 For Sale $2,649,000 +10.4% $507 / Sq Ft
02/10/2019 02/10/19 Off Market $2,400,000 -- --
01/24/2019 01/24/19 Price Changed $2,649,000 -1.9% $507 / Sq Ft
01/04/2019 01/04/19 For Sale $2,699,000 +12.5% $516 / Sq Ft
01/03/2019 01/03/19 Off Market $2,400,000 -- --
12/10/2018 12/10/18 Price Changed $2,699,000 -1.8% $516 / Sq Ft
11/27/2018 11/27/18 For Sale $2,749,000 -- $526 / 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 $32,175 $2,677,241 $2,027,900 $649,341
2024 $32,175 $2,624,747 $1,988,138 $636,609
2023 $31,550 $2,573,282 $1,949,155 $624,127
2022 $30,082 $2,522,827 $1,910,937 $611,890
2021 $29,714 $2,473,361 $1,873,468 $599,893
2019 $35,437 $2,963,100 $1,922,700 $1,040,400
2018 $35,151 $2,905,000 $1,885,000 $1,020,000
2017 $6,212 $494,012 $135,821 $358,191
2016 $6,031 $484,326 $133,158 $351,168
2015 $5,945 $477,052 $131,158 $345,894
2014 $5,979 $467,708 $128,589 $339,119
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-410656

The MLS

APN: 2385-017-001