NOT LISTED FOR SALE

3947 Markridge Rd La Crescenta, CA 91214

Estimated Value: $2,829,000 - $6,680,000

3 Beds
2.5 Baths
4,268 Sq Ft
$1,226/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2018

Last sale price $4,250,000 $996 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $33,379 / mo

230 Days on Market

Highlights

  • Detached Guest House
  • Gated Parking
  • Living Room with Fireplace
  • Verdugo Hills Senior High School Rated A-
  • Panoramic View
  • Wood Flooring

About This Home

As of June 2018

MONUMENTAL ARCHITECTURAL COMPOUND Consisting of 2 important architectural houses, an extraordinary 5.5 acre cactus garden, & entertaining pavilion, all entered by a long private drive. The original structure is the DOROTHY SERULNIC RESIDENCE, 1953 by Richard Neutra, FAIA. Walls of glass offer spectacular mountain & city skyline views. Stunning & bright living room, den, 2 bedrooms, & full bathroom. There is wonderful built-in Neutra furniture throughout. The present owners decided to use the Neutra as a guest house, & commissioned the PITTMAN/DOWELL RESIDENCE, 2009, by award winning architect Michael Maltzan. His design is anchored by a totally unique 7-sided structure with an interior courtyard. The living room has stunning views; there is a smart office area, stunning den, gorgeous master bedroom & a spectacular, oversized bathroom. The compound offers total hilltop privacy bordering the Angeles National Forest & is very celebrity-friendly.

Last Agent to Sell the Property

Barry Sloane

Compass License #01024594 Listed on: 10/03/2017

Co-Listed By

Marc Silver

The Agency License #01875513

Last Buyer's Agent

Anthony Stellini

Compass License #01710680

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 5.71

Parking

  • Gated Parking

Property Views

  • Panoramic
  • City Lights
  • Canyon
  • Mountain

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Property is zoned LAA2
  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2569-011-009

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

5.71 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Stories: 1
  • Year Built: 1954
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Mixed
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: Canyon, City Lights, Mountains, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Gated

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2569-011-009
  • Geocode Override: No

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2017
Closed on
Jun 13, 2018
Sold by
Dowell Roy Murray and Pittman Lari George
Bought by
Gardner Bo
Seller's Agent
Barry Sloane
Compass
Buyer's Agent
Anthony Stellini
Compass
List Price
$4,500,000
Sold Price
$4,250,000
Premium/Discount to List
-$250,000
-5.56%
Current Estimated Value
$5,230,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$980,781
Avg. Annual Appreciation
2.72%

Purchase Details

Closed on
Feb 24, 2006
Sold by
Dowell Roy Murray and Pittman Lari George
Bought by
Dowell Roy Murray and Pittman Lari George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2005
Sold by
Pittman Lari George and Dowell Roy Murray
Bought by
Dowell Roy Murray and Pittman Lari George

Purchase Details

Closed on
Aug 1, 1998
Sold by
Serulnic Trust Serulnic Dorothy M Tr Dorothy
Bought by
Pittman Lari George and Dowell Roy Murray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 1994
Sold by
Serulnic Dorothy M
Bought by
Serulnic Dorothy M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Gardner Bo $4,250,000 Equity Title Co
Dowell Roy Murray -- Accommodation
Dowell Roy Murray -- Fidelity National Title Co
Dowell Roy Murray -- --
Pittman Lari George $485,000 Southland Title Corporation
Serulnic Dorothy M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dowell Roy Murray $500,000
Previous Owner Pittman Lari George $260,000
Closed Pittman Lari George $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2018 06/27/18 Sold $4,250,000 -5.6% $996 / Sq Ft
10/03/2017 10/03/17 For Sale $4,500,000 -- $1,054 / Sq Ft
Source: The MLS

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 $62,494 $5,214,796 $3,413,486 $1,801,310
2024 $62,494 $5,112,546 $3,346,555 $1,765,991
2023 $61,277 $5,012,301 $3,280,937 $1,731,364
2022 $58,428 $4,914,021 $3,216,605 $1,697,416
2021 $57,733 $4,817,669 $3,153,535 $1,664,134
2020 $54,037 $4,414,417 $3,121,200 $1,293,217
2019 $51,979 $4,327,860 $3,060,000 $1,267,860
2018 $14,339 $1,139,163 $392,532 $746,631
2016 $13,701 $1,094,931 $377,291 $717,640
2015 $13,507 $1,078,485 $371,624 $706,861
2014 $13,604 $1,057,360 $364,345 $693,015
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Barry Sloane

    Compass

  • Marc Silver

    Seller Co-Listing Agent in 2018

    Marc Silver

    The Agency

    (310) 809-4656

    28 Total Sales

    Marc Silver
    Section Image
  • Anthony Stellini

    Buyer's Agent in 2018

    Anthony Stellini

    Compass

    (310) 888-3378

    118 Total Sales

    Anthony Stellini
    Section Image
  • Elisa G. Ritt

    Buyer Co-Listing Agent in 2018

    Elisa G. Ritt

    Compass

    (310) 308-4287

    1 in this area

    114 Total Sales

    Elisa G. Ritt
    Section Image
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Map

Source: The MLS

MLS Number: 17-276446

The MLS

APN: 2569-011-009

California Los Angeles County La Crescenta 91042

3947 Markridge Rd, La Crescenta, CA

Not Listed for Sale

Detached

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