NOT LISTED FOR SALE

Estimated Value: $1,917,000 - $2,283,000

4 Beds
3 Baths
2,315 Sq Ft
$891/Sq Ft Est. Value

Last Sold May 03, 2016

Last sale price $1,255,000 $542 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $12,883/month

10 Days on Market

Highlights

  • View of Hills
  • Deck
  • Family Room with Fireplace
  • Multi-Level Bedroom
  • Contemporary Architecture
  • Marble Flooring

About This Home

As of May 2016

This stunning view home is nestled in the hills above Universal City, offering an equally serene and convenient location. A light and bright living area boasts soaring ceilings, beautiful hardwood floors, and a corner fireplace. Large windows offer a beautiful backdrop of hillside and valley views. The incredible chef's kitchen features a center island with bar seating, crisp white cabinetry, stunning countertops, and stainless steel appliances. The master suite opens up to a massive private deck, offering stunning views of the valley, perfect for al fresco dining and evening relaxation under the stars. Spacious bedrooms with beautiful views are perfect for family and guests. An additional bathroom features a dual vanity, soaking tub, and standing shower. A deck off the living room and a large back patio offer even more outdoor entertaining space, with lush greenery and a flat grassy area. A two car garage and spacious laundry area add to the convenience of this beautiful view home.

Last Agent to Sell the Property

Craig Strong

Compass License #01450987 Listed on: 04/04/2016

Compass

Last Buyer's Agent

Elizabeth Friedman

License #01507367

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,007

Year Built

  • Built in 1960

Lot Details

  • 7,772 Sq Ft Lot
  • Gated Home
  • Hillside Location
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Property Views

  • Hills
  • Valley

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,315 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Dining Area
  • Alarm System
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Multi-Level Bedroom
  • Powder Room
  • 3 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Balcony
  • Deck
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 2425-021-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,007

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Three Or More
  • Street Number Display: Yes
  • Advertising Remarks: This stunning view home is nestled in the hills above Universal City, offering an equally serene and convenient location. A light and bright living area boasts soaring ceilings, beautiful hardwood floors, and a corner fireplace. Large windows offer a beautiful backdrop of hillside and valley views. The incredible chef's kitchen features a center island with bar seating, crisp white cabinetry, stunning countertops, and stainless steel appliances. The master suite opens up to a massive private deck, offering stunning views of the valley, perfect for al fresco dining and evening relaxation under the stars. Spacious bedrooms with beautiful views are perfect for family and guests. An additional bathroom features a dual vanity, soaking tub, and standing shower. A deck off the living room and a large back patio offer even more outdoor entertaining space, with lush greenery and a flat grassy area. A two car garage and spacious laundry area add to the convenience of this beautiful view home.
  • Entry Location: Ground Level w/steps
  • Living Area: 2315
  • Stories: 2
  • Year Built: 1960
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Wood Burning
  • Flooring: Hardwood, Marble
  • Appliances: Cooktop - Electric, Double Oven, Electric
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Ground Floor Master, Master Bedroom, Multi-Level Bedroom
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Island, Marble Counters, Open to Family Room
  • Laundry: Inside, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Garbage Disposal
  • Price Per S Q F T: 539.52

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Balcony, Deck(s)
  • Pool: No
  • Spa Yn: No
  • View: Hills, Valley
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage - 2 Car, Garage Is Attached

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated, Prewired for alarm system
  • Water: District

Lot Info

  • Assessor Parcel Number: 2425-021-010
  • Geocode Override: No
  • Lot Location: Hillside
  • Lot Size Area: 7772

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
Apr 28, 2016
Sold by
Kirby Jacob Lloyd
Bought by
Zhao Ning
Seller's Agent
Craig Strong
Compass
Buyer's Agent
Elizabeth Friedman
List Price
$1,249,000
Sold Price
$1,255,000
Premium/Discount to List
$6,000
0.48%
Current Estimated Value
$2,078,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$823,851
Avg. Annual Appreciation
5.41%
Original Mortgage
$750,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 4, 2016
Closed on
Apr 14, 2016
Sold by
Wortsman Michael D and The Wortsman Trust
Bought by
Zhao Ning
Seller's Agent
Craig Strong
Compass
Buyer's Agent
Elizabeth Friedman
List Price
$1,249,000
Sold Price
$1,255,000
Premium/Discount to List
$6,000
0.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 9, 2013
Closed on
Nov 1, 2013
Sold by
Evaah Llc
Bought by
Wortsman Michael D and The Wortsman Trust
Seller's Agent
Enrique Flores
Pink Tree Realty
List Price
$1,150,000
Sold Price
$980,000
Premium/Discount to List
-$170,000
-14.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%

Purchase Details

Listed on
Feb 29, 2012
Closed on
Dec 12, 2012
Sold by
Smith Rick R and Kazakian Karin
Bought by
Evaah Llc
Seller's Agent
Vadim Baum
Keller Williams Larchmont
Buyer's Agent
Enrique Flores Jr.
List Price
$715,000
Sold Price
$600,000
Premium/Discount to List
-$115,000
-16.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.25%

Purchase Details

Closed on
Aug 26, 2008
Sold by
Washington Mutual Bank Fa
Bought by
Smith Rick R and Kazakian Karin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,593
Interest Rate
6.31%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 2007
Sold by
Tervardanyan Vahik
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Aug 2, 2006
Sold by
Djilavdarian Gaguik
Bought by
Tervardanyan Vahik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.44%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 15, 2006
Sold by
Djilavdarian Gabriella M
Bought by
Djilavdarian Gaguik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 7, 2006
Sold by
Running Steven and Running Julie
Bought by
Djilavdarian Gaguik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 25, 2000
Sold by
Jamali Faramarz
Bought by
Running Steven and Running Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,800
Interest Rate
8.62%
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
Zhao Ning -- None Available
Zhao Ning $1,255,000 None Available
Wortsman Michael D $980,000 Progressive Title Company
Evaah Llc $600,000 Fidelity Van Nuys
Smith Rick R $750,000 Lsi Title Company Ca
Washington Mutual Bank $1,249,739 None Available
Tervardanyan Vahik $1,550,000 Southland Title
Djilavdarian Gaguik -- Equity Title Company
Djilavdarian Gaguik $960,000 Equity Title Company
Running Steven $436,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Ning $667,300
Closed Zhao Ning $750,000
Closed Zhao Ning $750,000
Closed Zhao Ning $750,000
Closed Zhao Ning $750,000
Previous Owner Smith Rick R $55,000
Previous Owner Smith Rick R $729,750
Previous Owner Smith Rick R $736,593
Previous Owner Tervardanyan Vahik $350,000
Previous Owner Tervardanyan Vahik $1,162,500
Previous Owner Djilavdarian Gaguik $192,000
Previous Owner Djilavdarian Gaguik $768,000
Previous Owner Running Steven $475,000
Previous Owner Running Steven $416,000
Previous Owner Running Steven $30,000
Previous Owner Running Steven $414,450
Previous Owner Running Steven $348,800
Previous Owner Jamali Faramarz $220,000
Closed Running Steven $65,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2016 05/03/16 Sold $1,255,000 +0.5% $542 / Sq Ft
04/04/2016 04/04/16 For Sale $1,249,000 +27.4% $540 / Sq Ft
11/21/2013 11/21/13 Sold $980,000 -14.8% $423 / Sq Ft
10/27/2013 10/27/13 Pending -- -- --
09/09/2013 09/09/13 For Sale $1,150,000 +91.7% $497 / Sq Ft
01/30/2013 01/30/13 Sold $600,000 +3.6% $259 / Sq Ft
11/11/2012 11/11/12 Pending -- -- --
11/08/2012 11/08/12 Price Changed $579,000 -19.0% $250 / Sq Ft
09/07/2012 09/07/12 For Sale $715,000 0.0% $309 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
02/29/2012 02/29/12 For Sale $715,000 -- $309 / 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 $18,007 $1,485,658 $1,188,529 $297,129
2024 $18,007 $1,456,528 $1,165,225 $291,303
2023 $17,661 $1,427,970 $1,142,378 $285,592
2022 $16,868 $1,399,972 $1,119,979 $279,993
2021 $16,663 $1,372,522 $1,098,019 $274,503
2019 $16,100 $1,331,814 $1,065,452 $266,362
2018 $16,026 $1,305,701 $1,044,561 $261,140
2016 $12,431 $1,014,822 $811,858 $202,964
2015 $12,251 $999,580 $799,664 $199,916
2014 $12,291 $980,000 $784,000 $196,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-112070

The MLS

APN: 2425-021-010