NOT LISTED FOR SALE

4031 Cartwright Ave Studio City, CA 91604

Estimated Value: $1,244,000 - $1,403,000

2 Beds
2 Baths
1,516 Sq Ft
$856/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $849,000 $560 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,714/month

16 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Lawn
  • Neighborhood Views
  • Rio Vista Elementary Rated A-
  • No HOA
  • Breakfast Area or Nook

About This Home

As of May 2020

This mid-century home is not quite ready for her close up Mr. DeMille, but YOU could give her the needed face lift. Located in The Island area of Studio City, and tucked away from the busy outside world, with only one entrance into the neighborhood, it enjoys a small town feeling. Take an evening stroll to your wonderful South Weddington Park and enjoy viewing the eclectic mix of architectural styles in the neighborhood. Walk up the vine covered walkway and open the front door, walk in and take a deep breath, you have entered your own very private domain. The floor plan features a dramatic step-down living room with beamed ceiling and a sliding glass door opening to the secluded back yard/patio area, great for entertaining. The dining room has a sliding glass door which opens to the tranquil front patio. This single story home of over 1500 square feet has an over-sized master bedroom with a quiet patio view. Don’t forget this home has a very desirable two car attached garage and wide driveway. This is an amazing location....you would never know it but this property is just a couple minutes from Universal Studios, City Walk, The Metro station, Ventura Blvd. and the 101, 134 and 170 freeways!

Last Agent to Sell the Property

Craig Poturalski

Seven Gables Real Estate License #01912281 Listed on: 04/03/2020

Seven Gables Real Estate

Co-Listed By

Matt Epstein

Seven Gables Real Estate License #00553210

Last Buyer's Agent

Patrick Petersen

Reservoir Partners License #02002308

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 4,802 Sq Ft Lot
  • Cul-De-Sac
  • Lawn
  • Property is zoned LAR1

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Driveway

Home Design

  • Midcentury Modern Architecture
  • Fixer Upper

Interior Spaces

  • 1,516 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 72
  • Tax Tract Number 8267
  • Assessor Parcel Number 2423033010

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Mid Century Modern
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2423033010
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1516.00 Square Feet
  • Interior Amenities: Sunken Living Room
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, Dining Room, Separated
  • Fireplace Features: Living Room
  • Levels: One, Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 560.03
  • Room Type: All Bedrooms Down, Main Floor Master Bedroom, Master Bathroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lawn
  • Lot Size Sq Ft: 4802.00
  • Lot Size Acres: 0.1102

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4802.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1436.04
  • Tax Lot: 72
  • Tax Tract Number: 8267

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2020
Sold by
Axelsen Edward George and Axelsen Nancy Hadfield
Bought by
Axelsen Edward George and Axelsen Nancy Hadfield
Current Estimated Value
$1,298,352

Purchase Details

Listed on
Apr 3, 2020
Closed on
Apr 27, 2020
Sold by
Kaufman John
Bought by
Spiegel Philip
Seller's Agent
Craig Poturalski
Seven Gables Real Estate
Buyer's Agent
Patrick Petersen
Reservoir Partners
List Price
$995,000
Sold Price
$849,000
Premium/Discount to List
-$146,000
-14.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%

Purchase Details

Listed on
Apr 3, 2020
Closed on
Apr 20, 2020
Sold by
Spiegel Philip and The John Kaufman Family Trust
Bought by
Axelsen Edward George and Axelsen Nancy Hadfield
Seller's Agent
Craig Poturalski
Seven Gables Real Estate
Buyer's Agent
Patrick Petersen
Reservoir Partners
List Price
$995,000
Sold Price
$849,000
Premium/Discount to List
-$146,000
-14.67%

Purchase Details

Closed on
Oct 20, 2011
Sold by
Kaufman John
Bought by
Kaufman John and The John Kaufman Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2006
Sold by
Kaufman John
Bought by
Kaufman John and The John Kaufman Family Trust

Purchase Details

Closed on
Sep 24, 1997
Sold by
Kaufman John
Bought by
Kaufman John
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
Axelsen Edward George -- None Available
Spiegel Philip -- First American Title Company
Axelsen Edward George $849,000 First American Title Company
Kaufman John -- Advantage Title Inc
Kaufman John -- Advantage Title Inc
Kaufman John -- None Available
Kaufman John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaufman John $322,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2020 05/08/20 Sold $849,000 -14.7% $560 / Sq Ft
04/03/2020 04/03/20 For Sale $995,000 -- $656 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,184 $928,501 $742,802 $185,699
2024 $11,184 $910,296 $728,238 $182,058
2023 $10,967 $892,448 $713,959 $178,489
2022 $10,455 $874,950 $699,960 $174,990
2021 $10,327 $857,795 $686,236 $171,559
2020 $2,162 $166,942 $75,610 $91,332
2019 $2,082 $163,670 $74,128 $89,542
2018 $1,996 $160,462 $72,675 $87,787
2016 $1,889 $154,232 $69,853 $84,379
2015 $1,862 $151,916 $68,804 $83,112
2014 $1,875 $148,941 $67,457 $81,484
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20065827

California Regional Multiple Listing Service (CRMLS)

APN: 2423-033-010