NOT LISTED FOR SALE

12997 Blairwood Dr Studio City, CA 91604

Estimated Value: $3,059,000 - $3,541,000

4 Beds
4 Baths
3,502 Sq Ft
$945/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $2,850,000 $814 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $20,218/month

14 Days on Market

Highlights

  • 0.35 Acre Lot
  • Mountain View
  • Wood Flooring
  • Ulysses S. Grant Senior High School Rated A-
  • Fireplace in Primary Bedroom
  • Modern Architecture

About This Home

As of August 2023

Welcome to your own secluded haven, a truly remarkable view home nestled on one of the most sought-after streets south of the Blvd. in Longridge Estates. Prepare to be captivated by the privacy and stunning vistas that await you in this hidden gem.As you ascend the private driveway, you'll be greeted by a gated entrance, leading to a property that offers an unrivaled sense of seclusion. Perched high in the hills, this home is not only a phenomenal place to live but also an ideal sanctuary for those working from home.Step inside and be greeted by an abundance of natural light, graciously pouring in through the expansive Fleetwood windows and doors. Originally built in the 1950s, this contemporary residence spans two stories and boasts exquisite hardwood floors, complemented by custom cabinetry throughout.The breathtaking views stretching across the hills and valley will leave you in awe. Picture yourself in the beautiful formal living room, cozied up by the fireplace while taking in the panoramic vistas. The family room, also featuring a fireplace, seamlessly connects to the fabulous kitchen adorned with stainless steel appliances, a Sub Zero refrigerator, and an adjacent breakfast area.The upstairs area unveils a spacious primary suite, complete with its own fireplace and an oversized balcony that offers sweeping views of the entire valley. Additionally, four other well-proportioned bedrooms and two bathrooms can be found on this floor, ensuring ample space for everyone.Outside, your very own oasis awaits. Watch the sunsets paint the sky as you dine alfresco, utilizing the built-in BBQ, and entertain guests on the outdoor patio area. Immerse yourself in the soothing ambiance created by the custom serene water feature, surrounded by meticulously maintained mature landscaping.Properties of this caliber in such a highly sought-after neighborhood are a rarity, making this an opportunity not to be missed. Indulge in the luxury and exclusivity of view estates like this, offering an unparalleled lifestyle. Welcome to your new home.

Last Agent to Sell the Property

Aaron Cohen

Equity Union License #01481735 Listed on: 07/06/2023

Equity Union

Last Buyer's Agent

Tori Horowitz

Compass License #01703353

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,694

Year Built

  • Built in 1952

Lot Details

  • 0.35 Acre Lot
  • Cul-De-Sac
  • Gated Home
  • Sprinkler System
  • Property is zoned LARE15

Parking

  • 2 Car Direct Access Garage
  • 1 Open Parking Space
  • Auto Driveway Gate

Property Views

  • Mountain
  • Hills
  • Valley

Home Design

  • Modern Architecture

Interior Spaces

  • 3,502 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Laundry

  • Laundry on upper level
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2385-017-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,694

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Living Area: 3502
  • Lot Acreage: 0.3475
  • Stories: 2
  • Year Built: 1952
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Hardwood, Carpet, Ceramic Tile
  • Bedrooms: 4
  • Fireplaces: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Area, Kitchen Island, Dining Area
  • Laundry: On Upper Level
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Gas Or Electric Dryer Hookup, Barbeque, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 856.65

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Valley, Mountains, Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 1
  • Covered Parking: 2
  • Parking Garage: Attached, Garage - 2 Car, Direct Entrance, Driveway Gate
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Automatic Gate, Gated
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 2385-017-026
  • Lot Location: Cul-De-Sac
  • Lot Size Area: 15139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Jul 25, 2023
Sold by
Burt J Blum Separate Property Trust and Beverly Blum Family Trust
Bought by
Friedman Stefan
Seller's Agent
Aaron Cohen
Equity Union
Buyer's Agent
Tori Horowitz
Compass
List Price
$3,000,000
Sold Price
$2,850,000
Premium/Discount to List
-$150,000
-5%
Views
119
Current Estimated Value
$3,310,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,237
Avg. Annual Appreciation
7.11%
Original Mortgage
$2,030,000
Outstanding Balance
$1,971,210
Interest Rate
5.95%
Mortgage Type
New Conventional
Estimated Equity
$1,339,027

Purchase Details

Closed on
Oct 26, 2010
Sold by
Blum Burt J
Bought by
Blum Burt J and Burt J Blum Separate Property Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2001
Sold by
Blum Burt J
Bought by
Blum Burt J and Ross Beverly

Purchase Details

Closed on
May 1, 2001
Sold by
Cox Joseph T
Bought by
Blum Burt J and Blum Beverly E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.06%

Purchase Details

Closed on
Sep 5, 2000
Sold by
Cox Dannikka V
Bought by
Cox Joseph T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,300
Interest Rate
8.37%

Purchase Details

Closed on
Jul 19, 2000
Sold by
Fox Alan C
Bought by
Cox Joseph T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,300
Interest Rate
8.37%
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
Friedman Stefan $2,850,000 Consumers Title Company
Blum Burt J -- North American Title Co Inc
Blum Burt J -- --
Blum Burt J $910,000 First American Title Co
Cox Joseph T -- Equity Title
Cox Joseph T $749,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedman Stefan $2,030,000
Previous Owner Blum Burt J $372,000
Previous Owner Blum Burt J $400,000
Previous Owner Cox Joseph T $590,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2023 08/21/23 Sold $2,850,000 -5.0% $814 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $3,000,000 -- $857 / 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 $34,694 $2,907,000 $2,325,600 $581,400
2024 $34,694 $2,850,000 $2,280,000 $570,000
2023 $16,227 $1,317,966 $788,320 $529,646
2022 $15,473 $1,292,124 $772,863 $519,261
2021 $15,274 $1,266,789 $757,709 $509,080
2019 $14,816 $1,229,218 $735,236 $493,982
2018 $14,734 $1,205,117 $720,820 $484,297
2016 $14,070 $1,158,323 $692,831 $465,492
2015 $13,865 $1,140,925 $682,425 $458,500
2014 $13,913 $1,118,577 $669,058 $449,519
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-284341

The MLS

APN: 2385-017-026