NOT LISTED FOR SALE

4035 Cartwright Ave Studio City, CA 91604

Estimated Value: $982,000 - $1,426,000

3 Beds
2 Baths
1,366 Sq Ft
$930/Sq Ft Est. Value

Last Sold November 02, 2012

Last sale price $635,000 $465 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $7,361/month

40 Days on Market

Highlights

  • Art Studio
  • In Ground Pool
  • Traditional Architecture
  • Rio Vista Elementary Rated A-
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of November 2012

Absolutely gorgeous, remodeled, done-done-done traditional hm w/ guest hse & pool in the quiet, picturesque "Island" area of Studio City!! Located on a pretty, tree-lined cul-de-sac w/ idyllic South Weddington Park nearby, this fabulous hm boasts virtually every imaginable amenity! Main hse is a 2+1 in 1006 SF & features an expansive open flrplan--perfect for today's living---w/ a lge liv rm w/ crown moulding, hwd flrs & frplce; a fab redone kitchen w/ granite counters, stainless appliances, custom cabinetry & new tile flring; an open dining area & brkfast bar; 2 spacious bdrms & a sunny redone bath w/ skylight, new vanity & custom tile scheme. Separate 1+1 guest hse has expansive live & work spaces w/ kitchenette & redone 3/4 bath in 360 SF. Perfect for artists, writers, musicians too! All this + a sparkling pool, gated driveway, patio areas--an entertainer's compound! Copper plumb, upgraded electrical, recessed lighting. Near studios, metro rail, EZ westside access! Must see!

Last Agent to Sell the Property

Donna Grissom

Donna Grissom License #01310501 Listed on: 08/25/2012

Last Buyer's Agent

Suzanne Glaser

Real Estate Collective License #01390707

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 4,802 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Carport

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,366 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Bonus Room
  • Art Studio
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2423-033-009

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1366
  • Stories: 1
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Garbage Disposal, Hood Fan, Range/Oven
  • Price Per S Q F T: 464.86

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • View: No

Garage/Parking

  • Parking Garage: Carport

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 2423-033-009
  • Lot Size Area: 4802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2016
Sold by
Smith Patrick
Bought by
Smith Patrick Jay
Current Estimated Value
$1,270,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Outstanding Balance
$471,870
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$798,479

Purchase Details

Listed on
Aug 25, 2012
Closed on
Oct 8, 2012
Sold by
Gb Casas Investments & Management Inc
Bought by
Smith Patrick
Seller's Agent
Donna Grissom
Donna Grissom
Buyer's Agent
Suzanne Glaser
Real Estate Collective
List Price
$599,900
Sold Price
$635,000
Premium/Discount to List
$35,100
5.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$623,498
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 2012
Sold by
Greene Jack D and Greene Julia M
Bought by
Gb Casas Investments & Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,500
Interest Rate
4.05%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 10, 2011
Sold by
Greene Douglas S
Bought by
Greene Jack D and Greene Julia M

Purchase Details

Closed on
Sep 23, 2004
Sold by
Greene Kim A
Bought by
Greene Douglas S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 1993
Sold by
Greene Douglas S
Bought by
Greene Douglas S and Greene Kim A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.88%
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
Smith Patrick Jay -- Corinthian Title Company
Smith Patrick $635,006 Investors Title Company
Gb Casas Investments & Management Inc $292,500 None Available
Greene Douglas S -- None Available
Greene Jack D -- None Available
Greene Douglas S -- Commonwealth Land Title Co
Greene Douglas S -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Patrick Jay $592,500
Closed Smith Patrick $623,498
Previous Owner Greene Douglas S $96,500
Previous Owner Gb Casas Investments & Management Inc $295,000
Previous Owner Greene Douglas S $238,000
Previous Owner Greene Douglas S $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2012 11/02/12 Sold $635,000 0.0% $465 / Sq Ft
10/04/2012 10/04/12 Pending -- -- --
09/13/2012 09/13/12 Price Changed $635,000 +5.9% $465 / Sq Ft
08/25/2012 08/25/12 For Sale $599,900 +105.1% $439 / Sq Ft
04/26/2012 04/26/12 Sold $292,500 0.0% $291 / Sq Ft View Prior Sale
01/18/2012 01/18/12 Off Market $292,500 -- --
01/12/2012 01/12/12 For Sale $300,000 -- $298 / 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 $9,411 $781,945 $577,535 $204,410
2024 $9,411 $766,613 $566,211 $200,402
2023 $9,229 $751,582 $555,109 $196,473
2022 $8,797 $736,846 $544,225 $192,621
2021 $8,691 $722,399 $533,554 $188,845
2019 $8,430 $700,975 $517,730 $183,245
2018 $8,351 $687,231 $507,579 $179,652
2016 $7,985 $660,547 $487,870 $172,677
2015 $7,868 $650,626 $480,542 $170,084
2014 $7,897 $637,882 $471,129 $166,753
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-620953

The MLS

APN: 2423-033-009