NOT LISTED FOR SALE

4242 Bakman Ave North Hollywood, CA 91602

Estimated Value: $1,921,000 - $2,289,000

3 Beds
3 Baths
2,139 Sq Ft
$973/Sq Ft Est. Value

Sale Details

Date Sold: September 15, 2020

Last sale price $1,600,000 $748 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $12,818 / mo

9 Days on Market

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • Wood Flooring
  • Rio Vista Elementary Rated A-
  • Open Floorplan
  • Great Room

About This Home

As of September 2020

On a beautiful tree lined street in the highly sought after Woodbridge Park neighborhood of Studio City sits this idyllic one story traditional home. The well manicured lawn and fragrant lavender plants welcome you as you approach the front door. Inside, rich wood floors seamlessly connect the living spaces. The open floor plan is ideal for entertaining. There is a separate formal living room, and the great room combines the kitchen, dining, and family rooms into one cohesive space. The recently updated kitchen features quartz countertops, newer stainless steel appliances, an abundance of cabinetry, and a peninsula with breakfast bar and built in wine storage. The family room has a brick fireplace, wet bar, and sliding glass door to the backyard. The master suite offers dual closets and updated bath with two sinks, shower, and soaker tub. The two additional bedrooms are well sized and share a spacious bath. Outside you will find a large grassy area, lovely flower garden, and beautiful vine wrapped pergola, ideal for BBQs and outdoor dining on those warm SoCal evenings and endless summer days. The oversized detached garage with high ceilings offers lots of potential. Additional features include large attic storage space and security camera system. Moments from the charming shops and restaurants of Tujunga Village and ideally located to the 101, 134, and 170 freeways.

Last Agent to Sell the Property

Dennis Chernov

Equity Union License #01850113 Listed on: 08/08/2020

Equity Union

Co-Listed By

Farrell Bakman

The Agency License #01391733

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 6,750 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Parking Available

Interior Spaces

  • 2,139 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • Recessed Lighting
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Terrace

Schools

  • Rio Vista Elementary School
  • Walter Reed Middle School
  • North Hollywood High School

Additional Features

  • Suburban Location
  • Central Air

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 67
  • Tax Tract Number 9216
  • Assessor Parcel Number 2366014003

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

6,750 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2366014003
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2139.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 748.01
  • Room Type: Great Room, Kitchen, Living Room, Master Suite
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Terrace
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban, Valley

Schools

  • Elementary School: Rio Vista
  • High School: North Hollywood
  • Middle Or Junior School: Walter Reed
  • Elementary School #2: RIOVIS
  • High School2: NORHOL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6750.00
  • Lot Size Acres: 0.1550

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6750.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1436.03
  • Tax Lot: 67
  • Tax Tract Number: 9216

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Aug 13, 2020
Sold by
Norris Daniel Phillip and Norris Rebecca Jane
Bought by
Corrao Chris and Shaw Daniel
Seller's Agent
Dennis Chernov
Equity Union
List Price
$1,475,000
Sold Price
$1,600,000
Premium/Discount to List
$125,000
8.47%
Current Estimated Value
$2,082,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,167
Avg. Annual Appreciation
4.78%
Original Mortgage
$1,120,000
Outstanding Balance
$991,666
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,090,501

Purchase Details

Listed on
Nov 22, 2013
Closed on
Dec 18, 2013
Sold by
Hampar Michael
Bought by
Norris Daniel Philip and Norris Rebecca Jane
Seller's Agent
Michael Okun
Sotheby's International Realty
Buyer's Agent
Rachel Tash
No Firm Affiliation
List Price
$995,000
Sold Price
$1,020,000
Premium/Discount to List
$25,000
2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$816,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 26, 2010
Sold by
Hampar Michael and Hampar Susan
Bought by
Hampar Michael and Hampar Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2010
Sold by
Hampar Michael
Bought by
Hampar Michael and Hampar Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2009
Sold by
Geriak Andy and Geriak Amy
Bought by
Hampar Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$661,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2007
Sold by
Hallinan Stephen P and Hallinan Karen J
Bought by
Geriak Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2002
Sold by
Hallinan Stephen P and Hallinan Karen J
Bought by
Hallinan Stephen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.12%

Purchase Details

Closed on
Nov 25, 2002
Sold by
Hallinan Stephen P and Hallinan Karen J
Bought by
Hallinan Stephen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.12%

Purchase Details

Closed on
Dec 3, 2001
Sold by
Hallinan Stephen P and Hallinan Karen J Hathaway
Bought by
Hallinan Stephen P

Purchase Details

Closed on
Aug 22, 2001
Sold by
Hallinan Stephen P and Hallinan Karen J
Bought by
Hallinan Stephen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Corrao Chris $1,600,000 Fidelity National Title Co
Norris Daniel Philip $1,020,000 Equity Title
Hampar Michael -- None Available
Hampar Michael -- Lsi Local Solutions
Hampar Michael $881,500 Fidelity National Title Co
Geriak Andy $1,000,000 Fidelity National Financial
Hallinan Stephen P -- Gateway
Hallinan Stephen P -- Gateway Title Company
Hallinan Stephen P -- --
Hallinan Stephen P -- South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corrao Chris $1,120,000
Previous Owner Norris Daniel Philip $816,000
Previous Owner Hampar Michael $649,000
Previous Owner Hampar Michael $661,000
Previous Owner Geriak Andy $750,000
Previous Owner Hallinan Stephen P $172,500
Previous Owner Hallinan Stephen P $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2020 09/15/20 Sold $1,600,000 +8.5% $748 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $1,475,000 +44.6% $690 / Sq Ft
01/28/2014 01/28/14 Sold $1,020,000 +2.5% $477 / Sq Ft View Prior Sale
11/27/2013 11/27/13 Pending -- -- --
11/22/2013 11/22/13 For Sale $995,000 -- $465 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $21,347 $1,781,766 $1,385,512 $396,254
2024 $21,347 $1,746,831 $1,358,346 $388,485
2023 $20,931 $1,712,580 $1,331,712 $380,868
2022 $19,405 $1,632,000 $1,305,600 $326,400
2021 $19,171 $1,600,000 $1,280,000 $320,000
2020 $14,085 $1,143,309 $890,437 $252,872
2019 $13,526 $1,120,892 $872,978 $247,914
2018 $13,435 $1,098,914 $855,861 $243,053
2016 $12,844 $1,056,244 $822,628 $233,616
2015 $12,657 $1,040,379 $810,272 $230,107
2014 $10,422 $833,300 $607,000 $226,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20159370

California Regional Multiple Listing Service (CRMLS)

APN: 2366-014-003

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