NOT LISTED FOR SALE

4211 Arch Dr Unit 201 Studio City, CA 91604

Estimated Value: $633,000 - $737,000

2 Beds
2 Baths
1,020 Sq Ft
$301/mo HOA Fee

Last Sold August 18, 2017

Last sale price $515,000 $505 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,569/month

8 Days on Market

Highlights

  • Gated Parking
  • Two Primary Bedrooms
  • City Lights View
  • Rio Vista Elementary Rated A-
  • Gated Community
  • Two Primary Bathrooms

About This Home

As of August 2017

Pristine, front facing Condo 2 bedroom /2 bath plus Loft in Prime Studio City with 3 Balcony. Artfully curated details infuse style throughout with great exposure to sunlight all day long . Perfectly situated in a secure, gated Building. THIS GORGEOUS CONDO FEATURES OPEN living and dining area with hi ceiling and wood floor throughout with 3 Balcony. Kitchen with stainless steel appliances, opens up to a charming dining area and light filled living room opens to a nice size Balcony w/cozy fireplace and wall of window. Gorgeous spiral stairs to the Loft is perfect for a home office, Play Area, Den or 3rd bedroom with nice balcony/Patio. The possibilities are endless! Centrally located walking distance to Ventura Blvd , major studios, Grocery Stores, Gym,restaurants, shopping , entertainment and Universal Studio. Central heat/air. Two dedicated tandem parking spaces. Low HOA's. A Perfect Gem!!! Don't Miss Out...

Last Agent to Sell the Property

Simin Fahim

Nelson Shelton & Associates License #01304025 Listed on: 07/09/2017

Nelson Shelton & Associates

Last Buyer's Agent

Jennifer Shamas

The Artinian Company, Inc. License #02029696

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,047

Year Built

  • Built in 1987

Lot Details

  • 6,534

HOA Fees

  • $301 Monthly HOA Fees

Property Views

  • City Lights
  • Trees
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,020 Sq Ft Home
  • High Ceiling
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Loft
  • Laminate Flooring

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Two Primary Bathrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Gated Parking
  • Parking Garage Space

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2366-024-035

Community Details

Overview

  • Association fees include water and sewer paid
  • 9 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,047

Year Built

Built in 1987

Lot Details

0

HOA Fees

$301 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Forty Two Eleven, Inc.
  • Entry Floor: 2
  • Entry Location: Foyer
  • Living Area: 1020
  • Planned Urban Dev: 0
  • Probate: No
  • Unit Floor In Building: 2
  • Year Built: 1987
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate
  • Appliances: Free Standing Gas, Microwave, Range Hood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: 2 Master Bedrooms
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Living Room
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 485.29

Exterior Features

  • Balcony: 3 Balcony
  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Tennis Court Y/N: No
  • Patio: Balcony
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Green Belt, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector

Association/Amenities

  • Amenities: Assoc Pet Rules, Gated Community, Gated Parking
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Water and Sewer Paid
  • HOA Fees: 301.38
  • HOA: Yes
  • Unit Location: Front

Lot Info

  • Assessor Parcel Number: 2366-024-035
  • Geocode Override: No
  • Lot Description: Gated Community
  • Lot Size Area: 6860

Multi Family

  • Number Of Units: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2017
Closed on
Jul 26, 2017
Sold by
Bayat Iraj and Bayat Reza
Bought by
Shamas Hala
Seller's Agent
Simin Fahim
Nelson Shelton & Associates
Buyer's Agent
Jennifer Shamas
The Artinian Company, Inc.
List Price
$495,000
Sold Price
$515,000
Premium/Discount to List
$20,000
4.04%
Current Estimated Value
$694,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,198
Avg. Annual Appreciation
3.74%
Original Mortgage
$412,000
Outstanding Balance
$343,782
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$350,416

Purchase Details

Closed on
Apr 25, 2008
Sold by
Hazeltine Avenue Equities Llc
Bought by
Bayat Iraj and Bayat Reza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Shamas Hala $515,000 Provident Title Company
Bayat Iraj $425,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shamas Hala $412,000
Previous Owner Bayat Iraj $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2017 08/18/17 Sold $515,000 +4.0% $505 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
07/09/2017 07/09/17 For Sale $495,000 -- $485 / 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 $7,047 $585,976 $391,069 $194,907
2024 $7,047 $574,487 $383,401 $191,086
2023 $6,909 $563,224 $375,884 $187,340
2022 $6,583 $552,181 $368,514 $183,667
2021 $6,500 $541,355 $361,289 $180,066
2019 $6,303 $525,300 $350,574 $174,726
2018 $6,280 $515,000 $343,700 $171,300
2016 $5,344 $440,000 $283,800 $156,200
2015 $5,345 $440,000 $283,800 $156,200
2014 $5,202 $418,000 $269,600 $148,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-245180

The MLS

APN: 2366-024-035