NOT LISTED FOR SALE

3641 Willowcrest Ave Studio City, CA 91604

Estimated Value: $1,821,000 - $2,398,138

3 Beds
2.5 Baths
1,981 Sq Ft
$1,081/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $1,775,000 $896 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $13,227/month

8 Days on Market

Highlights

  • Gourmet Kitchen
  • Panoramic View
  • Wood Flooring
  • Rio Vista Elementary Rated A-
  • Midcentury Modern Architecture
  • Marble Countertops

About This Home

As of March 2018

Studio City Hills View Home that has a ideal location on a quiet cul de sac. As you step into this completely remodeled Mid Century Modern entertainers dream, you will notice that no expense was spared with the redesign of this home. When you enter you will immediately walk into a open concept chefs kitchen with waterfall marble counter tops accompanied by high end appliances. The living room opens up with Cantina doors to the entertainers patio, complete with a fire pit that overlooks Universal Studios and the beautiful valley mountains. The master bedroom has two walk in closets and a custom en-suite master bathroom with a spa like atmosphere. The concrete tile floors add a modern touch that brings the home together. Wi-Fi Lutron lighting system throughout the house that can be controlled from anywhere in the world at the convenience of your smartphone.

Last Agent to Sell the Property

Ryan Siebel

Compass License #01973121 Listed on: 02/14/2018

Compass

Last Buyer's Agent

Samuel Woldeyesus

Compass License #01915193

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 7,496 Sq Ft Lot
  • South Facing Home
  • Sprinklers on Timer
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Valley

Home Design

  • Midcentury Modern Architecture
  • Entry on the 1st floor
  • Raised Foundation

Interior Spaces

  • 1,981 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Walk-In Pantry
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Slab Porch or Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2380-007-035

Home Details

Home Type

Single Family

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 1981
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1954
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Cement, Hardwood
  • Appliances: Cooktop - Gas, Oven-Gas, Range, Range Hood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Powder Room, Remodeled, Shower and Tub, Tile
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Island, Marble Counters, Open to Family Room, Pantry, Remodeled
  • Laundry: Inside, Laundry Area, Room
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 870.77

Exterior Features

  • Direction Faces: South
  • Other Features: Rain Gutters, Sliding Glass Doors
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Patio: Concrete Slab, Patio Open
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Mountains, Panoramic, Valley
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 2380-007-035
  • Geocode Override: No
  • Lot Size Area: 7496

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2018
Closed on
Feb 27, 2018
Sold by
Legacy Homevestments Llc
Bought by
Girma Michael
Seller's Agent
Ryan Siebel
Compass
Buyer's Agent
Samuel Woldeyesus
Compass
List Price
$1,725,000
Sold Price
$1,775,000
Premium/Discount to List
$50,000
2.9%
Current Estimated Value
$2,141,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,035
Avg. Annual Appreciation
2.45%
Original Mortgage
$1,420,000
Outstanding Balance
$1,216,826
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$924,209

Purchase Details

Listed on
Aug 30, 2017
Closed on
Sep 14, 2017
Sold by
The Regents Of The University Of Califor
Bought by
Legacy Homevestments Llc
Seller's Agent
Ryan Siebel
Compass
Buyer's Agent
Ryan Siebel
Compass
List Price
$1,150,000
Sold Price
$1,115,000
Premium/Discount to List
-$35,000
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
144.52%
Original Mortgage
$1,087,500
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 30, 2017
Closed on
Jul 27, 2017
Sold by
Mckenzie Anthony
Bought by
The Regents Of The University Of Califor
Seller's Agent
Ryan Siebel
Compass
Buyer's Agent
Ryan Siebel
Compass
List Price
$1,150,000
Sold Price
$1,115,000
Premium/Discount to List
-$35,000
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,500
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Girma Michael $1,775,000 Provident Title Company
Legacy Homevestments Llc $1,115,000 None Available
The Regents Of The University Of Califor -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Girma Michael $1,420,000
Previous Owner Legacy Homevestments Llc $1,087,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2018 03/29/18 Sold $1,775,000 +2.9% $896 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $1,725,000 +54.7% $871 / Sq Ft
09/22/2017 09/22/17 Sold $1,115,000 -3.0% $563 / Sq Ft View Prior Sale
09/11/2017 09/11/17 Pending -- -- --
08/30/2017 08/30/17 For Sale $1,150,000 -- $581 / 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 $24,115 $2,091,909 $1,425,243 $666,666
2024 $24,115 $1,980,042 $1,397,298 $582,744
2023 $23,643 $1,941,218 $1,369,900 $571,318
2022 $22,536 $1,903,156 $1,343,040 $560,116
2021 $22,267 $1,865,840 $1,316,706 $549,134
2019 $21,596 $1,810,500 $1,277,652 $532,848
2018 $13,547 $1,115,000 $892,000 $223,000
2016 $1,733 $137,477 $53,204 $84,273
2015 $1,708 $135,413 $52,405 $83,008
2014 $1,722 $132,761 $51,379 $81,382
Source: Public Records

Agents Affiliated with this Home

  • Ryan Siebel

    Seller's Agent in 2018

    Ryan Siebel

    Compass

    (818) 802-2715

    12 in this area

    38 Total Sales

    Ryan Siebel
    Section Image
  • Samuel Woldeyesus

    Buyer's Agent in 2018

    Samuel Woldeyesus

    Compass

    (949) 794-5701

    35 Total Sales

    Samuel Woldeyesus
    Section Image
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Map

Source: The MLS

MLS Number: 18-312104

The MLS

APN: 2380-007-035

California Los Angeles County Studio City 91604

3641 Willowcrest Ave, Studio City, CA

Not Listed for Sale

Detached

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