NOT LISTED FOR SALE

13723 Magnolia Blvd Sherman Oaks, CA 91423

Estimated Value: $2,757,000 - $4,617,000

5 Beds
5.5 Baths
3,586 Sq Ft
$992/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $2,700,000 $753 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $22,893/month

7 Days on Market

Highlights

  • Detached Guest House
  • In Ground Pool
  • Primary Bedroom Suite
  • Chandler Elementary Rated A-
  • Gourmet Kitchen
  • 28,030 Sq Ft lot

About This Home

As of April 2021

This picturesque 1940's Weddington Estates Property is situated on a sprawling 28,030 sq. ft. lot, is set back from the street and has a grand, circular driveway with gated entry. It truly is your own private sanctuary. Main house features 5 bedrooms and 5 1/2 bathrooms (3 en suite) which include private wings, while the living spaces flow brilliantly and allow for natural light to come flooding in. This home is built for the entertainer, as there is a bonus room just off the pool area that features both a wet bar and its own fireplace. The kitchen is fully equipped for a culinary expert with 3 full-size sub-zero refrigerators, a wine chiller, two Miele dishwashers, a Wolf electric double oven, a Wolf gas range, a double sink with reverse osmosis filter, custom cabinetry, ample storage, and a large island with a separate prep sink. French doors lead from the charming dining area out to a beautiful, enclosed patio lined with rose bushes. The large principal suite includes a fully customized walk-in closet, dual sinks, its own fireplace, steam shower, towel warmer, and a jetted Americh Madison Tub. Multiple sets of French doors open up to a lush backyard with mature fruit trees, an in-ground pool, a large grassy area, a fully equipped outdoor kitchen, pergola, and an additional guest house with a 3/4 bath. Come see this iconic property for yourself!

Last Agent to Sell the Property

Levi Freeman

Nourmand & Associates-HW License #01926993 Listed on: 03/18/2021

Co-Listed By

Howard Lorey

Nourmand & Associates-BH License #01263717

Last Buyer's Agent

Carrie Berkman Lewis

Douglas Elliman License #01400262

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,100

Year Built

  • Built in 1948

Lot Details

  • 0.64 Acre Lot
  • Block Wall Fence
  • Property is zoned LARA

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,586 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Built-In Features
  • Ceiling Fan
  • French Doors
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Area
  • Den with Fireplace

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bidet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire Sprinkler System

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Circular Driveway
  • Automatic Gate

Outdoor Features

  • In Ground Pool
  • Covered patio or porch
  • Outdoor Grill

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2247-015-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,100

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: This picturesque 1940s Weddington Estates Property is situated on a sprawling 28,030 sq. ft. lot, is set back from the street, and has a grand, circular driveway with gated entry. It truly is your own private sanctuary. Main house features 5 Bedrooms and 5 1/2 bathrooms (3 en suite) which include private wings, while the living spaces flow brilliantly and allow for natural light to come flooding in. This home is built for the entertainer, as there is a bonus room just off the pool area that features both a wet bar and its own fireplace. The kitchen is fully equipped for a culinary expert with 3 sub-zero refrigerators, a wine chiller, two Miele dishwashers, a Wolf electric double oven, a Wolf gas range, a double sink with reverse osmosis filter, custom cabinetry, ample storage, and a large island with a separate prep sink. French doors lead from the charming dining area out to...
  • Living Area: 3586
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Year Built: 1948
  • Number Of Photos: 51
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom, Den
  • Flooring: Tile, Hardwood
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Bedroom Features: WalkInCloset, Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Bidet
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Kitchen Features: Gourmet Kitchen
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Alarm System, Dishwasher, Central Vacuum, Ceiling Fan, Ice Maker, Microwave, Freezer, Garbage Disposal, Dryer, Range/Oven, Trash Compactor, Washer, Stackable W/D Hookup, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 627.16

Exterior Features

  • Other Features: Barbecue Private, French Doors
  • Other Structures: GuestHouse
  • Fence: Block
  • Guest House: Detached
  • Patio: Porch - Front, Porch - Rear
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Circular Driveway, Covered Parking
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Automatic Gate, Fire and Smoke Detection System, Prewired for alarm system

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 2247-015-003
  • Lot Size Area: 28030

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Mar 31, 2021
Sold by
Rimalower George P and Rimalower Cathi
Bought by
Roberts Timothy Francis and Chicco Zoe Ellen
Seller's Agent
Levi Freeman
Nourmand & Associates-HW
Buyer's Agent
Carrie Berkman Lewis
Douglas Elliman
List Price
$2,249,000
Sold Price
$2,700,000
Premium/Discount to List
$451,000
20.05%
Total Days on Market
7
Current Estimated Value
$3,557,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$857,249
Avg. Annual Appreciation
6.13%
Original Mortgage
$2,160,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2014
Sold by
Rimalower George P
Bought by
The George & Cathi Rimalower Living Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,006,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2006
Sold by
Rimalower George P
Bought by
Rimalower George P and Rimalower Cathi L

Purchase Details

Closed on
Feb 26, 2003
Sold by
Sabag Marcel
Bought by
Rimalower George P and Rimalower Cathi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$783,200
Interest Rate
5.25%

Purchase Details

Closed on
Jan 7, 1998
Sold by
Sharvit Anette
Bought by
Sabag Marcel and Sabag Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.14%

Purchase Details

Closed on
Oct 16, 1997
Sold by
Sabag Marcel
Bought by
Sabag Marcel and Sabag Eileen

Purchase Details

Closed on
Oct 16, 1996
Sold by
Sharvit Anette
Bought by
Sabag Marcel and Sabag Eileen

Purchase Details

Closed on
Mar 28, 1996
Sold by
Sabag Marcel
Bought by
Sharvit Anette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4%
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 Buyer Sale Price Title Company
Roberts Timothy Francis $2,700,000 Lawyers Title
The George & Cathi Rimalower Living Trus -- Fidelity National Title
Rimalower George P -- None Available
Rimalower George P $979,000 California Title
Sabag Marcel -- Fidelity Title
Sabag Marcel -- --
Sabag Marcel -- --
Sharvit Anette $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chicco-Roberts Family Trust $350,000
Open Roberts Timothy Francis $2,160,000
Closed Roberts Timothy Francis $2,160,000
Previous Owner The George And $1,011,000
Previous Owner The George & Cathi Rimalower Living Trus $1,006,000
Previous Owner Rimalower George P $1,000,000
Previous Owner Rimalower George P $1,000,000
Previous Owner Rimalower George P $1,000,000
Previous Owner Rimalower George P $200,000
Previous Owner Rimalower George P $991,000
Previous Owner Rimalower George P $783,200
Previous Owner Sabag Marcel $270,000
Previous Owner Sabag Marcel $280,000
Previous Owner Sharvit Anette $280,000
Closed Rimalower George P $97,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $2,700,000 +20.1% $753 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $2,249,000 0.0% $627 / Sq Ft
02/23/2018 02/23/18 Rented $8,200 0.0% --
02/22/2018 02/22/18 Under Contract -- -- --
01/29/2018 01/29/18 For Rent $8,200 +5.1% --
03/01/2017 03/01/17 Rented $7,800 -29.1% --
01/27/2017 01/27/17 Under Contract -- -- --
10/31/2016 10/31/16 For Rent $11,000 -- --
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
2024 $35,100 $2,865,260 $1,719,156 $1,146,104
2023 $34,417 $2,809,080 $1,685,448 $1,123,632
2022 $32,816 $2,754,000 $1,652,400 $1,101,600
2021 $16,085 $1,309,928 $465,631 $844,297
2020 $16,244 $1,296,497 $460,857 $835,640
2019 $15,611 $1,271,076 $451,821 $819,255
2018 $15,285 $1,246,154 $442,962 $803,192
2016 $14,515 $1,197,766 $425,762 $772,004
2015 $14,303 $1,179,775 $419,367 $760,408
2014 $14,356 $1,156,666 $411,153 $745,513
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-704292

The MLS

APN: 2247-015-003