NOT LISTED FOR SALE

3728 Willowcrest Ave Studio City, CA 91604

Estimated Value: $2,170,000 - $2,599,000

3 Beds
3.5 Baths
2,683 Sq Ft
$904/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $2,150,000 $801 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $14,946/month

10 Days on Market

Highlights

  • Art Studio
  • Home Theater
  • Solar Power System
  • Rio Vista Elementary Rated A-
  • Cabana
  • View of Trees or Woods

About This Home

As of February 2022

In the foothills of Studio City above Universal, this stunning remodeled 1949 ranch blends character and charm with modern amenities on one quarter of an acre of resort-like grounds! Sharp curb appeal with a pitched roof, birdhouse cupola, flagstone covered porch and beautiful picture windows shepherd you into this outstanding Studio City home. Set up for full scale entertaining or just a relaxing evening with family, your spacious kitchen and dining great room is straight out of a home decor magazine and has fine finishes including stone countertops, stainless appliances, high ceilings and custom lighting. Enjoy morning coffee and nosh in the sweet breakfast nook that features custom storage drawers. Impress your friends and family at your massive center island, the perfect space to gather for a drink before eating gourmet meals in front of the captivating stone fireplace with sitting hearth and thick wood mantle. When dinner is over, head outside to the fire pit and grab a fat pour as you relax the night away in front of the fire with friends. And for play, there is a clean artificial turf area, a great pad for the kiddos to run around on or yoga with your yogis. Fully finished throughout, with wide plank engineered wood flooring, clean white walls and newer dual pane windows sparkle and flood the interior spaces with natural light and showcase the lush manicured grounds and treetop views. As you transition towards the family room, theres a perfect little space for a desk and a laptop for getting a quick project done or running the show.TV nights or afternoons lounging amongst the trees are peaceful and relaxing as you enjoy the privacy of your spacious family room that has recessed lights, a white washed stone fireplace and Dutch door to flow outside. Two spacious bedrooms towards the front of the home both enjoy their own remodeled full baths, while the secluded primary suite is hidden behind a custom sliding bookshelf and blows you away with luxury, privacy and greenery while the spa bath rejuvenates with jet tub, separate vanities, private water closet, and enormous walk-in closet, while clean porcelain tile and frameless glass adorn the standing shower and a fireplace finishes off your hotel quality bathroom. The resort grounds are truly amazing, with a one of a kind palapa, the perfect halfway point to the lower grounds with bar, fireplace and jacuzzi overlooking the hillside and beyond (magical!), and at the lower level of the lot is an enormous swimmers pool for big pool parties, grassy area and a flat concrete pad with room for a covered pergola, pizza oven, sitting areas, or whatever your heart desires.Your fully finished garage has clean epoxy floors, is drywalled, and has recessed lights. Theres also a massive storage area located over the garage accessible by a large hatch in the ceiling. Plenty of room to park your ride and a bike, or grab some cardio in the gym area to start your morning. A double dry walled corner room is the perfect wine cellar, music studio, or locked storage area for your most prized possessions. The home is hardwired for high speed internet and smart home capabilities, all terminating in one convenient corner of the garage. For the electric vehicle owner, a 220v outlet is located on a corner wall and is driveway accessible. And last, smile as you look at your unbelievably low energy bill, thanks to 34 fully paid off solar panels on the rear roof hidden from view. Come check out 3728 Willowcrest Avenue, this is one cool house!

Last Agent to Sell the Property

Alan Taylor

Compass License #01369255 Listed on: 10/26/2021

Compass

Last Buyer's Agent

Ashot Baghdiyan

License #02001499

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 62x178
  • Property is zoned LAR1

Property Views

  • Woods
  • Trees
  • Peek-A-Boo
  • Mountain
  • Hills
  • Pool

Interior Spaces

  • 2,683 Sq Ft Home
  • 1-Story Property
  • Bar
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Dining Room with Fireplace
  • Home Theater
  • Home Office
  • Library
  • Bonus Room
  • Art Studio
  • Sound Studio
  • Home Gym
  • Attic

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Studio bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room

Laundry

  • Laundry Room
  • Dryer

Parking

  • 2 Car Direct Access Garage
  • Driveway
  • Guest Parking

Pool

  • Cabana
  • In Ground Pool
  • Spa

Additional Features

  • Solar Power System
  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2378-002-003

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Living Area: 2683
  • Lot Acreage: 0.2575
  • Lot Dimensions: 62x178
  • Stories: 1
  • Year Built: 1949
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Family Room
  • Flooring: Porcelain, Hardwood, Mixed
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Solar Panels
  • Price Per S Q F T: 726.43

Exterior Features

  • Other Structures: Other, Cabana
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: Hills, Mountains, Peek-A-Boo, Pool, Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Direct Entrance, Driveway, Parking for Guests
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2378-002-003
  • Lot Size Area: 11219

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
Feb 8, 2022
Sold by
Fox Family Irrevocable Trust
Bought by
Sarafyan Angela and Sarafyan Karbis
Seller's Agent
Alan Taylor
Compass
Buyer's Agent
Ashot Baghdiyan
List Price
$1,949,000
Sold Price
$2,150,000
Premium/Discount to List
$201,000
10.31%
Current Estimated Value
$2,426,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,604
Avg. Annual Appreciation
3.18%
Original Mortgage
$1,720,000
Outstanding Balance
$1,594,104
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$832,500

Purchase Details

Closed on
May 5, 2000
Sold by
Fox Charles D and Charles & Julie Fox Living Tru
Bought by
Fox Charles D and Julie D Fox Trust

Purchase Details

Closed on
Oct 24, 1997
Sold by
Fox Charles D and Fox Julie A
Bought by
Fox Charles and Fox Julie Anne
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
Sarafyan Angela $2,150,000 Lawyers Title
Fox Charles D -- --
Fox Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarafyan Angela $1,720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2022 02/23/22 Sold $2,150,000 +10.3% $801 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $1,949,000 -- $726 / 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 $27,243 $2,281,596 $1,825,277 $456,319
2024 $27,243 $2,236,860 $1,789,488 $447,372
2023 $26,710 $2,193,000 $1,754,400 $438,600
2022 $3,265 $245,768 $57,263 $188,505
2021 $3,213 $240,950 $56,141 $184,809
2020 $3,233 $190,951 $55,566 $135,385
2019 $2,570 $187,208 $54,477 $132,731
2018 $2,466 $183,538 $53,409 $130,129
2016 $2,333 $176,413 $51,336 $125,077
2015 $2,302 $173,764 $50,565 $123,199
2014 $2,320 $170,361 $49,575 $120,786
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-798714

The MLS

APN: 2378-002-003