NOT LISTED FOR SALE

3579 Willowcrest Ave Studio City, CA 91604

Estimated Value: $2,046,000 - $2,367,000

3 Beds
2.5 Baths
2,275 Sq Ft
$962/Sq Ft Est. Value

Last Sold June 22, 2016

Last sale price $1,410,000 $620 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $13,005/month

63 Days on Market

Highlights

  • In Ground Pool
  • Canyon View
  • Wood Flooring
  • Rio Vista Elementary Rated A-
  • Living Room with Fireplace
  • Bonus Room

About This Home

As of June 2016

Located on a private double cul-de-sac, south of Ventura Blvd., you will find the perfect example of Mid-Century California Ranch living in prime Wrightwood Estates. This spacious 3 bedroom 2.5 bathroom winner features designer style throughout an open living room with stone fireplace, eat-in kitchen, formal dining area, updated bathrooms, hardwood floors and an intimate den. The updated kitchen has stainless steel appliances, granite counters, and a breakfast nook. The main living space opens to a grassy gorgeously landscaped yard, sparkling pool with spa and an enchanting cabana area. There are multiple areas for dining al fresco with beautiful canyon views. Garage has been converted into a soundproof music studio with temperature control, wood floors and recessed lighting. Prime location in Studio City hills close proximity to restaurants, shops, and studios. Rare opportunity to buy in the Studio City Hills.

Last Agent to Sell the Property

Steve Sanders

Compass License #01367826 Listed on: 03/22/2016

Compass

Last Buyer's Agent

Michael Hiatt

Sotheby's International Realty License #01396907

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 0.29 Acre Lot
  • Property is zoned LARE15

Interior Spaces

  • 2,275 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Canyon Views
  • Alarm System
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • Converted Garage
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2380-008-038

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Living Area: 2275
  • Stories: 1
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Mixed, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Built-Ins, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 610.11

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Canyon
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 2380-008-038
  • Geocode Override: No
  • Lot Size Area: 12538

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2016
Closed on
May 26, 2016
Sold by
Corabi Christopher and Corabi Melissa Diane
Bought by
Francini Nicole G
Seller's Agent
Steve Sanders
Compass
Buyer's Agent
Michael Hiatt
Sotheby's International Realty
List Price
$1,495,000
Sold Price
$1,410,000
Premium/Discount to List
-$85,000
-5.69%
Current Estimated Value
$2,188,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$778,906
Avg. Annual Appreciation
4.70%
Original Mortgage
$1,000,000
Outstanding Balance
$795,889
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$1,393,017

Purchase Details

Closed on
Apr 16, 2014
Sold by
Corabi Christopher
Bought by
Corabi Christopher and Corabi Melissa Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2008
Sold by
Bradford Scott H and Charette Abbie
Bought by
Corabi Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$723,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 1996
Sold by
Walker Robert T and The Robert Terry Walker Trust
Bought by
Bradford Scott H and Charette Abbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.82%

Purchase Details

Closed on
Nov 12, 1990
Sold by
Walker Mina B
Bought by
Walker Robert T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Francini Nicole G $1,410,000 Equity Title Company
Corabi Christopher -- Stewart Title Of California
Corabi Christopher $1,205,000 Equity Title Los Angeles
Bradford Scott H $385,000 Equity Title
Walker Robert T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francini Nicole G $1,000,000
Previous Owner Corabi Christopher $796,000
Previous Owner Corabi Christopher $723,000
Previous Owner Bradford Scott H $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2016 06/22/16 Sold $1,410,000 +1.6% $620 / Sq Ft
05/13/2016 05/13/16 Price Changed $1,388,000 -7.2% $610 / Sq Ft
03/22/2016 03/22/16 For Sale $1,495,000 -- $657 / 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 $20,069 $1,669,147 $1,262,280 $406,867
2024 $20,069 $1,636,420 $1,237,530 $398,890
2023 $19,679 $1,604,334 $1,213,265 $391,069
2022 $18,789 $1,572,877 $1,189,476 $383,401
2021 $18,561 $1,542,037 $1,166,153 $375,884
2019 $17,938 $1,496,301 $1,131,565 $364,736
2018 $17,834 $1,466,963 $1,109,378 $357,585
2016 $15,839 $1,310,825 $917,470 $393,355
2015 $15,606 $1,291,136 $903,689 $387,447
2014 $14,365 $1,160,000 $812,000 $348,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-109388

The MLS

APN: 2380-008-038