$1,470,000
SOLD MAY 23, 2025

13149 Margate St Sherman Oaks, CA 91401

3 Beds
2.5 Baths
2,036 Sq Ft
6,477 Sq Ft Lot

Recently Sold

$722 Per Sq Ft

5% Above List Price

10 Days on Market

Highlights

  • Living Room with Fireplace
  • Retreat
  • Wood Flooring
  • Ulysses S. Grant Senior High School Rated A-
  • Traditional Architecture
  • No HOA

About This Home

As of May 2025

Two ways to make a great investment in Real Estate: 1) Buy in the best location, 2) buy a home with great bones that you can renovate. Welcome to 13149 Margate Street in the highly desirable North Hidden Woods neighborhood of Sherman Oaks, California. Originally part of a 12.5-acre parcel purchased by Mellenthin in the late 40's/early 50's, this fantastic neighborhood was divided into approx 135 homes with eight cul-de-sacs with only two entrances. It's a quiet, close-knit community where the only cars you will see are people who are lost, or live here. It's common to see friendly neighbors out walking their dogs, and an occasional block party adding to its charm. Offering over 2,000 square feet of living space with the original owners having expanded the home in 1963, there are two spacious bedrooms sharing a hall bath, while a secluded primary retreat with lots of closet space and a private bath are just up the stairs. The home's best feature is the expansive living and dining room with high open beamed ceilings, beautiful fireplace with detailed millwork, and walls of glass that look out to the beautifully landscaped yard that can easily accommodate a patch of turf for a soccer pitch, a lap pool or your very own secret garden. Towards the front, there's also a cozy den (also with fireplace and half bath) that could easily be used as an office, or 4th guest bedroom and the working galley kitchen can be updated as is with new counters and flooring for a rustic modern feel, or blow out and opened up to the dining room beyond. This is a diamond in the rough, a wonderful property in a great location, and offered at a fair price. Come check out 13149 Margate Street!

Last Agent to Sell the Property

Alan Taylor

Compass License #01369255 Listed on: 04/22/2025

Compass

Last Buyer's Agent

Alison Turner, Esq.

The Beverly Hills Estates License #01953223

The Beverly Hills Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,919

Year Built

  • Built in 1952

Lot Details

  • 6,477 Sq Ft Lot
  • Lot Dimensions are 61x108
  • Property is zoned LAR1

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,036 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Dressing Area

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2345-021-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,919

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2036
  • Lot Acreage: 0.1487
  • Lot Dimensions: 61x108
  • Stories: 2
  • Year Built: 1952
  • Number Of Photos: 69
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Den
  • Flooring: Tile, Carpet, Hardwood
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room, In Kitchen
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Refrigerator, Range/Oven, Washer, Dishwasher, Garbage Disposal
  • Price Per S Q F T: 687.13

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway, Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2345-021-009
  • Lot Size Area: 6477

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2025
Closed on
May 7, 2025
Sold by
Spratt Family Trust and Ivey Gail C
Bought by
Korter Alexander and Jones Jessica R
Seller's Agent
Alan Taylor
Compass
Buyer's Agent
Alison Turner, Esq.
The Beverly Hills Estates
List Price
$1,399,000
Sold Price
$1,470,000
Premium/Discount to List
$71,000
5.08%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.66%
Original Mortgage
$500,000
Outstanding Balance
$499,114
Interest Rate
6.62%
Estimated Equity
$951,756

Purchase Details

Closed on
May 19, 1997
Sold by
Spratt Jack T
Bought by
Spratt Jack T and Spratt Florence R
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,470,000 Lawyers Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 No Value Available
Closed $676,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $1,470,000 +5.1% $722 / Sq Ft
05/02/2025 05/02/25 Pending -- -- --
04/22/2025 04/22/25 For Sale $1,399,000 -- $687 / 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 $1,919 $139,443 $49,497 $89,946
2024 $1,919 $136,710 $48,527 $88,183
2023 $1,887 $134,030 $47,576 $86,454
2022 $1,806 $131,403 $46,644 $84,759
2021 $1,773 $128,828 $45,730 $83,098
2019 $1,723 $125,009 $44,375 $80,634
2018 $1,652 $122,558 $43,505 $79,053
2016 $1,556 $117,800 $41,816 $75,984
2015 $1,535 $116,031 $41,188 $74,843
2014 $1,548 $113,759 $40,382 $73,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25524445

The MLS

APN: 2345-021-009