$2,450,000
SOLD JUN 4, 2019

3880 Alta Mesa Dr Studio City, CA 91604

4 Beds
4 Baths
3,880 Sq Ft
9,275 Sq Ft Lot

Recently Sold

$631 Per Sq Ft

2% Below List Price

33 Days on Market

Highlights

  • In Ground Pool
  • City Lights View
  • Wood Flooring
  • Ulysses S. Grant Senior High School Rated A-
  • Fireplace in Primary Bedroom
  • Spanish Architecture

About This Home

As of October 2022

Set within a coveted locale in the hills of Studio City, this Spanish-style home evokes a true sense of architectural intimacy & romance amid its secluded, lush setting. Beyond the rustic front gate is a tranquil garden that leads one into the foyer, opening to a multi-level floor plan inundated with natural light via floor-to-ceiling glass French doors. Here, the living room & dining room share an open layout, flowing into the state-of-the-art chef's kitchen replete with designer details. The home features 4 bedrooms, including the luxe master suite with vaulted ceilings, a fireplace, spa-like bath, ample closet space & French doors that open to a patio with far-reaching canyon views. Beyond the interior lies a true outdoor oasis, complete with a salt water pool & cabana that overlook the verdant hillside, offering the perfect setting to both relax & entertain.

Last Agent to Sell the Property

David Berg

Compass License #01481236 Listed on: 02/22/2019

Compass

Co-Listed By

F. Ron Smith

Compass License #00961954

Last Buyer's Agent

Doug Rago

eXp Realty of California Inc License #01711253

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,537

Year Built

  • Built in 2004

Lot Details

  • 9,275 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Driveway
  • Guest Parking

Property Views

  • City Lights
  • Woods
  • Canyon
  • Hills

Home Design

  • Spanish Architecture

Interior Spaces

  • 3,880 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Area
  • Wood Flooring
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • 4 Full Bathrooms
  • Spa Bath

Pool

  • In Ground Pool
  • Exercise
  • Spa

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2384-021-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,537

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 3880
  • Stories: 3
  • Year Built: 2004
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Master Bedroom
  • Flooring: Hardwood, Mixed
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Hood Fan, Microwave, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 643.81

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Exercise Pool, In Ground, Private
  • Pool: Yes
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: Canyon, City Lights, Hills, Trees/Woods
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Carport, Driveway, Garage - 2 Car, Parking for Guests - Onsite
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2384-021-020
  • Geocode Override: No
  • Lot Size Area: 9275

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Oct 18, 2022
Sold by
Riff-Raff Trust
Bought by
Stefan Scherer Living Trust
Seller's Agent
Nader Naderi
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Shannon Shue
Keller Williams Los Angeles
List Price
$2,595,000
Sold Price
$2,700,000
Premium/Discount to List
$105,000
4.05%
Views
19
Current Estimated Value
$3,058,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,402
Avg. Annual Appreciation
5.02%
Original Mortgage
$2,160,000
Outstanding Balance
$2,088,511
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$997,584

Purchase Details

Closed on
Apr 2, 2019
Sold by
Shapiro Steven L and Pheasant Hollow Trust
Bought by
Ullman Michael J and The Riff Raff Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2014
Closed on
Jul 8, 2014
Sold by
Frazier Wendy
Bought by
Shapiro Steven L and Pheasant Hollow Trust
Seller's Agent
Madison Hildebrand
No Firm Affiliation
List Price
$1,880,000
Sold Price
$1,735,000
Premium/Discount to List
-$145,000
-7.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$1,301,250
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 22, 2009
Sold by
Neville Arthel H and Hirano Takuya
Bought by
Frazier Wendy

Purchase Details

Closed on
Aug 16, 2004
Sold by
Ostowari Sohrab
Bought by
Hirano Takuya and Neville Arthel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 1999
Sold by
Farhnand Mehrbanoo
Bought by
Ostowari Sohrab

Purchase Details

Closed on
Feb 2, 1999
Sold by
Michelsen Steven J and Steven J Michelsen Trust
Bought by
Michelsen Norma J

Purchase Details

Closed on
Apr 25, 1997
Sold by
Michelsen Steven James
Bought by
Michelsen Steven J and Steven J Michelsen Trust

Purchase Details

Closed on
Nov 16, 1995
Sold by
Michelsen Steven James
Bought by
Michelsen Steven James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.42%

Purchase Details

Closed on
Oct 4, 1994
Sold by
Michelsen Norma Joyce and Michelsen Survivors Trust A
Bought by
Michelsen Norma Joyce
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,700,000 California Title
Grant Deed $2,450,000 Fidelity National Title Co
Grant Deed $1,735,000 Lawyers Title Company
Grant Deed $1,500,000 Equity Title Los Angeles
Grant Deed $1,300,000 Gateway Title
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $41,000 Old Republic Title Company
Grant Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- American Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,160,000 New Conventional
Previous Owner $145,000 New Conventional
Previous Owner $1,301,250 Adjustable Rate Mortgage/ARM
Previous Owner $248,700 Credit Line Revolving
Previous Owner $910,000 Purchase Money Mortgage
Previous Owner $400,000 Unknown
Previous Owner $30,000 No Value Available
Closed $130,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $2,700,000 +4.0% $699 / Sq Ft
09/14/2022 09/14/22 For Sale $2,595,000 +5.9% $672 / Sq Ft
06/04/2019 06/04/19 Sold $2,450,000 -1.9% $631 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $2,498,000 +44.0% $644 / Sq Ft
08/21/2014 08/21/14 Sold $1,735,000 0.0% $480 / Sq Ft
08/21/2014 08/21/14 Sold $1,735,000 -7.7% $480 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $1,880,000 +8.4% $520 / Sq Ft
12/05/2013 12/05/13 Off Market $1,735,000 -- --
11/11/2013 11/11/13 Price Changed $1,880,000 -5.4% $520 / Sq Ft
10/18/2013 10/18/13 For Sale $1,987,000 0.0% $549 / Sq Ft
06/21/2013 06/21/13 Rented $10,500 -12.5% --
06/21/2013 06/21/13 Under Contract -- -- --
05/21/2013 05/21/13 For Rent $12,000 +20.0% --
08/24/2012 08/24/12 Rented $10,000 -16.7% --
06/15/2012 06/15/12 Under Contract -- -- --
05/01/2012 05/01/12 Rented $12,000 -- --
03/19/2012 03/19/12 Under Contract -- -- --
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
2024 $33,537 $2,754,000 $1,356,804 $1,397,196
2023 $32,882 $2,700,000 $1,330,200 $1,369,800
2022 $30,531 $2,575,385 $1,944,679 $630,706
2021 $30,165 $2,524,889 $1,906,549 $618,340
2020 $30,411 $2,499,000 $1,887,000 $612,000
2019 $6,946 $1,869,272 $1,077,391 $791,881
2018 $22,194 $1,832,620 $1,056,266 $776,354
2016 $21,188 $1,761,458 $1,015,250 $746,208
2015 $20,958 $1,735,000 $1,000,000 $735,000
2014 $19,788 $1,599,979 $1,105,641 $494,338
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-434188

The MLS

APN: 2384-021-020