NOT LISTED FOR SALE

4038 Willowcrest Ave Studio City, CA 91604

Estimated Value: $1,220,000 - $1,669,000

3 Beds
1.5 Baths
1,170 Sq Ft
$1,170/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $795,000 $679 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $8,195/month

33 Days on Market

Highlights

  • Wood Flooring
  • Fire Pit
  • Wood Burning Fireplace
  • Rio Vista Elementary Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of June 2016

Charming English Cottage located in the highly desirable Island neighborhood of Studio City. Located in a cul-de-sac, this home is on a flat lot surrounded by attractive landscaping complete with draught resistant plants and flagstone pathways. Situated in the heart of Studio City, yet hidden in an exclusive pocket, this home features easy access to major freeways, studios and area attractions such as great shopping, eateries, gyms and more. The interior space offers a traditional and cozy layout with an inviting living room with wood burning fireplace, bright dining room, remodeled master bathroom, original hardwood floors and lots of storage space throughout the home. Spacious and private yard with flagstone patio and shade trees. Perfect for entertaining friends and family!

Last Agent to Sell the Property

Samuel Zadori

Synchrony Real Estate License #01290962 Listed on: 05/05/2016

Last Buyer's Agent

Sam Andress

Ethos Advisors License #01979536

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,268

Year Built

  • Built in 1950

Lot Details

  • 4,746 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Interior Spaces

  • 1,170 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Fire Pit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2423035006

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,268

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2423035006
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1170.00
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Fire Pit, Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 679.49

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Forced Air
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4746.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4746.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2016
Closed on
Jun 2, 2016
Sold by
Besser Matthew G
Bought by
Lopez Teofila
Seller's Agent
Samuel Zadori
Synchrony Real Estate
Buyer's Agent
Sam Andress
Ethos Advisors
List Price
$795,000
Sold Price
$795,000
Current Estimated Value
$1,368,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,546
Avg. Annual Appreciation
5.99%

Purchase Details

Closed on
Sep 20, 2010
Sold by
Besser Matthew G
Bought by
Besser Matthew G and Schneider Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2005
Sold by
Small Eleanor J
Bought by
Besser Matthew Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2002
Sold by
Hemmert Richard
Bought by
Small Eleanor J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.62%

Purchase Details

Closed on
Aug 3, 2001
Sold by
Hemmert Richard
Bought by
Hemmert Eleanor Small

Purchase Details

Closed on
Jan 17, 2001
Sold by
Hemmert Richard
Bought by
Hemmert Richard and Small Eleanor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
7.08%

Purchase Details

Closed on
Apr 6, 1999
Sold by
Pennington Lena M
Bought by
Pennington Lena M
Source: Public Records

Range of Values:

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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
Lopez Teofila $795,000 Lawyers Title Co
Besser Matthew G -- Chicago Title Company
Besser Matthew Gregory $749,500 Equity Title Company
Small Eleanor J -- First Southwestern Title Co
Hemmert Eleanor Small -- --
Hemmert Richard -- --
Hemmert Richard $270,000 Gateway Title Company
Pennington Lena M -- --
Pennington Lena M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Besser Matthew G $468,000
Previous Owner Besser Matthew Gregory $524,500
Previous Owner Small Eleanor J $270,000
Previous Owner Hemmert Richard $256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2016 06/24/16 Sold $795,000 0.0% $679 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $795,000 -- $679 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $11,268 $941,112 $752,892 $188,220
2024 $11,268 $922,660 $738,130 $184,530
2023 $11,049 $904,569 $723,657 $180,912
2022 $10,530 $886,833 $709,468 $177,365
2021 $10,403 $869,445 $695,557 $173,888
2019 $10,089 $843,658 $674,927 $168,731
2018 $10,033 $827,117 $661,694 $165,423
2016 $8,081 $675,000 $540,000 $135,000
2015 $8,082 $675,000 $540,000 $135,000
2014 $8,271 $675,000 $540,000 $135,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316004115

Pasadena-Foothills Association of REALTORS®

APN: 2423-035-006