NOT LISTED FOR SALE

Estimated Value: $1,961,051 - $2,236,000

0.31 Acre
$6,871,772 Price per Acre
13,388 Sq Ft Lot

Sale Details

Date Sold: August 14, 2017

Last sale price $490,000

Est. 325% increase in value since last sale

Current estimated payment $12,570 / mo

139 Days on Market

About This Lot

As of August 2017

MOTIVATED SELLER! Bring your contractors- you can start building tomorrow! This parcel is FULLY PERMITTED- Plans Approved, Stamped, & Paid for! Unique Development Opportunity for a brand new custom Estate. Build your Dream Home in the coveted Studio City Hills! This hillside property has both the luxury of a quiet canyon and a partial view of the beautiful city lights of Studio City. This property will feature 2850 Sq Ft, 3 BR, 2 1/2 BA home. Plans boast 11ft ceilings on main floor, Spacious balconies (an additional 400sq ft of space), a Flat grassy area perfect for children and pets to play and finally includes Attached 2-car garage. Located in a highly exclusive neighborhood and Carpenter School District.

Last Agent to Sell the Property

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 03/04/2017

Douglas Elliman of California, Inc.

Co-Listed By

Heather Altman

Douglas Elliman of California, Inc. License #01833121

Last Buyer's Agent

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 03/04/2017

Douglas Elliman of California, Inc.

Range of Values:

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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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Property Details

Property Type

  • Land

Lot Details

  • 13,388 Sq Ft Lot
  • Hillside Location
  • Property is zoned LAR1

Property Views

  • City Lights
  • Trees
  • Canyon
  • Hills

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2378-025-002

Property Details

Property Type

Land

Lot Details

0.31 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Advertising Remarks: MOTIVATED SELLER! Bring your contractors- you can start building tomorrow! This parcel is FULLY PERMITTED- Plans Approved, Stamped, & Paid for! Unique Development Opportunity for a brand new custom Estate. Build your Dream Home in the coveted Studio City Hills! This hillside property has both the luxury of a quiet canyon and a partial view of the beautiful city lights of Studio City. This property will feature 2850 Sq Ft, 3 BR, 2 1/2 BA home. Plans boast 11ft ceilings on main floor, Spacious balconies (an additional 400sq ft of space), a Flat grassy area perfect for children and pets to play and finally includes Attached 2-car garage. Located in a highly exclusive neighborhood and Carpenter School District.
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Description: Public
  • View: Canyon, City, City Lights, Hills, Tree Top
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 2378-025-002
  • Geocode Override: No
  • Lot Location: Hillside
  • Lot Size Area: 13388
  • Site Decription: Hillside
  • Topography: Varied

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2019
Sold by
Sreepathi Ramya
Bought by
Current Estimated Value
$2,084,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,010,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 4, 2017
Closed on
Jul 24, 2017
Sold by
Guldalian Christopher H
Bought by
Sreepathi Ramya
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Joshua Altman
Douglas Elliman of California, Inc.
List Price
$599,000
Sold Price
$490,000
Premium/Discount to List
-$109,000
-18.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.48%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Studio City, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Amrock
Sreepathi Ramya $490,000 Provident Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,006,000
Closed Sreepathi Ramya $1,010,000
Previous Owner Sreepathi Ramya $1,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/14/2017 08/14/17 Sold $490,000 -18.2% --
07/21/2017 07/21/17 Pending -- -- --
03/04/2017 03/04/17 For Sale $599,000 -- --
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,831 $1,065,348 $568,684 $496,664
2025 $12,831 $1,044,460 $557,534 $486,926
2024 $12,603 $1,023,981 $546,602 $477,379
2023 $12,359 $1,003,904 $535,885 $468,019
2022 $11,783 $984,221 $525,378 $458,843
2021 $11,632 $964,924 $515,077 $449,847
2019 $5,896 $499,800 $499,800 $0
2018 $5,891 $490,000 $490,000 $0
2017 $1,989 $165,240 $165,240 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-207842

The MLS

APN: 2378-025-033

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