NOT LISTED FOR SALE

14937 Otsego St Los Angeles, CA 91403

Estimated Value: $1,477,000 - $3,325,000

5 Beds
5.5 Baths
3,910 Sq Ft
$679/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $3,200,000 $818 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $15,827/month

65 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • View of Trees or Woods
  • Kester Avenue Elementary School Rated A-
  • All Bedrooms Downstairs
  • Fireplace in Primary Bedroom

About This Home

As of April 2024

Allow us to introduce this meticulously designed masterpiece, a brand-new construction located in the friendly neighborhood of Sherman Oaks. This captivating residence boasts five bedrooms and six bathrooms, designed to demonstrate an elegant indoor-outdoor lifestyle, with a light, bright, high ceiling and open floor plan. Stepping inside this modern-style, open-concept house, you will be inspired by an expansive living area, dining room, and Chef's kitchen. The main level offers a magnificent openable skylight with a remote control that brings fresh air and light to your indoor plants. Enjoy the beauty of fireplaces in the living room and the master bedroom. Throughout this fully automated smart home, you will find the chef's showcasing custom cabinetry and top-of-the-line Thermador kitchen appliances. The kitchen features an exquisite and generously sized Porcelain book-matched island, perfect for culinary creations and entertaining guests. The sliding pocket door calls you to the green and pleasant yard with a pool and a spa next to a built-in barbeque area. Upstairs, you will find three En-suite bedrooms, including the Master bedroom with a convenient area for your morning coffee and a beautifully designed large walk-in closet. The huge one-of-a-kind bathroom has a soaking tub, rainfall shower system, and double vanity. The balcony in the master bedroom will draw you out, overlooking the expansive yard. A separate 1-bedroom and 1-bathroom ADU with a full kitchen and laundry offers unlimited possibilities. Don't miss the opportunity to make this your own and enjoy the best of your life.

Last Agent to Sell the Property

Robert Simonian

Better Homes and Gardens Real Estate Town Center Brokerage Phone: 818-452-8383 License #02018444 Listed on: 01/19/2024

Better Homes and Gardens Real Estate Town Center

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,766

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 6,250 Sq Ft Lot
  • Drip System Landscaping
  • Sprinklers on Timer
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Neighborhood

Interior Spaces

  • 3,910 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • All Bedrooms Down

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • In Ground Pool

Utilities

  • Cooling Available
  • Air Source Heat Pump

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 16594
  • Assessor Parcel Number 2263005030
  • $273 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,766

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2263005030
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 3910.00 Square Feet
  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 818.41
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood, Trees/Woods
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sprinklers Drip System, Sprinklers Timer
  • Lot Size Sq Ft: 6250.00
  • Lot Size Acres: 0.1435

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6250.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 16594
  • TaxOtherAnnualAssessmentAmount: 273.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Apr 23, 2024
Sold by
Simonian Remodeling & Construction Inc
Bought by
Ge Yizhe and Bao Qihui
Seller's Agent
Robert Simonian
Better Homes and Gardens Real Estate Town Center
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$3,395,000
Sold Price
$3,200,000
Premium/Discount to List
-$195,000
-5.74%
Views
85
Current Estimated Value
$2,653,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$546,520
Avg. Annual Appreciation
-12.86%
Original Mortgage
$2,240,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2022
Sold by
Marion Mischel-Wilson Trust
Bought by
Remodeling & Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
4.72%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 30, 2021
Sold by
Wilson Robert
Bought by
Mischel Wilson Marion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 27, 2003
Sold by
Mischel Wilson Marion
Bought by
Mischel Wilson Marion and Marion Mischel Wilson Trust Agreement

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
6.15%

Purchase Details

Closed on
Jan 8, 2003
Sold by
Mischel Wilson Marion and Marion Mischel Wilson Trust
Bought by
Mischel Wilson Marion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
6.15%

Purchase Details

Closed on
Feb 13, 2002
Sold by
Mischel Wilson Marion
Bought by
Mischel Wilson Marion and Marion Mischel Wilson Trust

Purchase Details

Closed on
Aug 17, 1994
Sold by
Mischel Wilson Marion
Bought by
Mischel Wilson Marion and Wilson Trust Agreement
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
Ge Yizhe $3,200,000 None Listed On Document
Remodeling & Construction Inc $1,400,000 Ticor Title
Mischel Wilson Marion -- Amrock Llc
Mischel Wilson Marion -- --
Mischel Wilson Marion -- Southland Title
Mischel Wilson Marion -- --
Mischel Wilson Marion -- --
Mischel Wilson Marion -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ge Yizhe $2,176,000
Closed Ge Yizhe $2,240,000
Previous Owner Simonian Remodeling $2,210,000
Previous Owner Marion Mischel-Wilson Trust $1,800,000
Previous Owner Marion Mischel-Wilson Trust $1,800,000
Previous Owner Mischel Wilson Marion $100,000
Previous Owner Mischel Wilson Marion $157,800
Previous Owner Mischel Wilson Marion $100,000
Previous Owner Mischel Wilson Marion $186,000
Previous Owner Mischel Wilson Marion $194,000
Previous Owner Mischell Wilson Marion $200,000
Previous Owner Mischel Wilson Marion $100,000
Previous Owner Mischel Wilson Marion $145,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $3,200,000 -5.7% $818 / Sq Ft
03/24/2024 03/24/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $3,395,000 -- $868 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,766 $3,264,000 $1,020,000 $2,244,000
2024 $17,766 $1,456,560 $1,165,248 $291,312
2023 $17,419 $1,428,000 $1,142,400 $285,600
2022 $3,549 $286,969 $100,429 $186,540
2021 $3,497 $281,343 $98,460 $182,883
2020 $3,528 $278,459 $97,451 $181,008
2019 $3,393 $273,000 $95,541 $177,459
2018 $3,300 $267,648 $93,668 $173,980
2016 $3,136 $257,257 $90,032 $167,225
2015 $3,091 $253,394 $88,680 $164,714
2014 $3,107 $248,431 $86,943 $161,488
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB24011762

California Regional Multiple Listing Service (CRMLS)

APN: 2263-005-030