NOT LISTED FOR SALE

3848 Alta Mesa Dr Studio City, CA 91604

Estimated Value: $2,442,000 - $2,997,000

5 Beds
4 Baths
4,456 Sq Ft
$594/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $1,630,000 $366 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $15,819/month

7 Days on Market

Highlights

  • Home Theater
  • Primary Bedroom Suite
  • Updated Kitchen
  • Ulysses S. Grant Senior High School Rated A-
  • City Lights View
  • Fireplace in Primary Bedroom

About This Home

As of May 2017

Grand Tri-level home with 180 degree views of the San Fernando Valley and canyon. This home is ideal for entertaining or relaxing on one of the 4 deck of this home. This home is recently remodeled and updated with distressed hardwood flooring throughout, new windows, wrought iron entry doors, lanai doors that open up to 20 feet wide for indoor and outdoor entertaining. The home has a gourmet kitchen with 6'x9' island with high-end stainless steel appliances to include commercial dual fuel oven and granite countertops. The home is also equipped with a state of the art video surveillance system, and separate video door answering system for each level of the home. The home has a large media/entertainment room with fireplace, TV and a wet bar with wine refrigerator to compliment the entertainment value of this home. The master bedroom has a 2-way fireplace and seating area for additional comfort and relaxation. Then the master bathroom features a separate shower and spa jacuzzi tub all surrounded in Carrera Marble floors and walls.

Last Agent to Sell the Property

Duane White

Home Centre Real Estate/Mtg. License #01339032 Listed on: 05/08/2017

Last Buyer's Agent

Duane White

Home Centre Real Estate/Mtg. License #01339032 Listed on: 05/08/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • 9,921 Sq Ft Lot
  • Masonry wall
  • Backyard Sprinklers
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Turnkey
  • Permanent Foundation
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,456 Sq Ft Home
  • Central Vacuum
  • Two Way Fireplace
  • Fireplace With Gas Starter
  • ENERGY STAR Qualified Doors
  • Insulated Doors
  • Formal Entry
  • Family Room with Fireplace
  • Living Room
  • Home Theater
  • Game Room
  • Wood Flooring
  • City Lights Views

Kitchen

  • Updated Kitchen
  • Walk-In Pantry
  • Double Convection Oven
  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Full Bathrooms
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Lanai
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Cooling System Powered By Gas
  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 83
  • Tax Tract Number 6293
  • Assessor Parcel Number 2384021035

Home Details

Home Type

Single Family

Year Built

Built in 1992 | Remodeled

Lot Details

9,921 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Zoning: LAR1
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2384021035
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4456.00 Square Feet
  • Interior Amenities: Vacuum Central
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: ENERGY STAR Qualified Doors, Insulated Doors
  • Fireplace Features: Family Room, Master Bedroom, Gas Starter, Two Way
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 365.80
  • Room Type: Entry, Family Room, Formal Entry, Foyer, Game Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Separate Family Room, Walk-In Closet
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Linen Closet/Storage, Privacy Toilet Door, Separate Tub And Shower, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Island, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter, Permanent
  • View: City Lights
  • Fence: Yes
  • Fencing: Masonry
  • Patio And Porch Features: Deck, Lanai
  • Pool Private: No
  • Roof: Asphalt, Composition, Rolled/Hot Mop
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Direct Garage Access, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Double Oven, Disposal, Gas Oven, Gas Water Heater, Microwave
  • Electric: 220 Volts in Kitchen
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft, Sprinklers In Rear
  • Lot Size Sq Ft: 9921.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1439.01
  • Tax Lot: 83
  • Tax Tract Number: 6293

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
May 5, 2017
Sold by
Lee Jenny J
Bought by
Lee Shawn J
Seller's Agent
Duane White
Home Centre Real Estate/Mtg.
Buyer's Agent
Duane White
Home Centre Real Estate/Mtg.
List Price
$1,749,900
Sold Price
$1,630,000
Premium/Discount to List
-$119,900
-6.85%
Current Estimated Value
$2,644,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,014,650
Avg. Annual Appreciation
5.63%
Original Mortgage
$1,304,000
Interest Rate
6.92%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 8, 2017
Closed on
Mar 21, 2017
Sold by
Evi Distressed Re Fund I Llc
Bought by
Lee Shawn J
Seller's Agent
Duane White
Home Centre Real Estate/Mtg.
Buyer's Agent
Duane White
Home Centre Real Estate/Mtg.
List Price
$1,749,900
Sold Price
$1,630,000
Premium/Discount to List
-$119,900
-6.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,304,000
Interest Rate
6.92%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 5, 2015
Sold by
Popick Russell A
Bought by
Evi Distressed Re Fund I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,137,800
Interest Rate
3.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2002
Sold by
Schwarz Carole Ann and The Carole A Schwarz Trust
Bought by
Popick Russell A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,200
Interest Rate
6.16%

Purchase Details

Closed on
Oct 18, 2001
Sold by
Schwarz Carole Ann
Bought by
Schwarz Carole Ann and Carole A Schwarz Trust

Purchase Details

Closed on
Jul 24, 1995
Sold by
California Federal Bank Fsb
Bought by
Schwarz Carole Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.5%

Purchase Details

Closed on
Jan 10, 1995
Sold by
Parikh Kamlesh and Parikh Bhavna
Bought by
California Federal Bank Fsb

Purchase Details

Closed on
Dec 9, 1994
Sold by
Liu Danny and Melville John T
Bought by
Allstate Recovery Group

Purchase Details

Closed on
Nov 21, 1994
Sold by
Thakkar Dilip and Thakkar Promilla
Bought by
Allstate Recovery Group
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
Lee Shawn J -- Ticor Title Company Of Ca
Lee Shawn J $1,630,000 Ticor Title Company Of Ca
Evi Distressed Re Fund I Llc $1,200,000 Ticor Title Co
Popick Russell A -- Southland Title Company
Schwarz Carole Ann -- --
Schwarz Carole Ann $475,000 South Land Title Company
California Federal Bank Fsb $471,758 World Title Company
Allstate Recovery Group -- --
Allstate Recovery Group -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Shawn J $1,304,000
Previous Owner Evi Distressed Re Fund I Llc $1,137,800
Previous Owner Popick Russell A $639,200
Previous Owner Schwarz Carole Ann $380,000
Closed Popick Russell A $79,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2017 05/19/17 Sold $1,630,000 -6.9% $366 / Sq Ft
05/08/2017 05/08/17 For Sale $1,749,900 0.0% $393 / Sq Ft
12/29/2016 12/29/16 Rented $4,000 0.0% --
12/14/2016 12/14/16 For Rent $4,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $22,884 $1,891,749 $1,062,746 $829,003
2024 $22,884 $1,854,657 $1,041,908 $812,749
2023 $22,442 $1,818,292 $1,021,479 $796,813
2022 $21,426 $1,782,640 $1,001,450 $781,190
2021 $21,154 $1,747,687 $981,814 $765,873
2019 $20,455 $1,695,851 $952,694 $743,157
2018 $20,357 $1,662,600 $934,014 $728,586
2016 $14,871 $1,218,299 $790,778 $427,521
2015 $11,744 $962,860 $497,699 $465,161
2014 $11,782 $944,000 $487,950 $456,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17095495

California Regional Multiple Listing Service (CRMLS)

APN: 2384-021-035

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