NOT LISTED FOR SALE

4325 Farmdale Ave Studio City, CA 91604

Estimated Value: $3,159,000 - $3,670,000

3 Beds
2 Baths
1,397 Sq Ft
$2,470/Sq Ft Est. Value

Last Sold April 21, 2017

Last sale price $925,000 $662 Per Sq Ft

Est. 273% increase in value since last sale

Current estimated payment $21,533/month

42 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Rio Vista Elementary Rated A-
  • Family Room
  • Front Yard

About This Home

As of April 2017

Diamond in the rough for an amazing tear-down opportunity! This charming home is waiting for the right builder to enhance our Colfax meadows neighborhood. First time on the market in 50+years. 3 Bedrooms 2 bathrooms with large family room. Buyer agent are aware that the Lot size is 45X135 This property sold in "as-is" condition with no credit or repairs, the house has been winterized!! Don't miss this chance! Cash offers only (Proof of funds in the form of bank statements, Letter from the bank will not be accepted). No Hard money or line of credit offers will be entertained.

Last Agent to Sell the Property

Phil Boroda

Coldwell Banker Realty License #00822192 Listed on: 02/07/2017

Coldwell Banker Realty

Co-Listed By

Bassem Fattah

Coldwell Banker Realty License #00909688

Coldwell Banker Realty

Last Buyer's Agent

Bassem Fattah

Coldwell Banker Realty License #00909688

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,827

Year Built

  • Built in 1940

Lot Details

  • 6,074 Sq Ft Lot
  • Front Yard
  • Property is zoned LAR1

Home Design

  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,397 Sq Ft Home
  • Family Room
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 95
  • Tax Tract Number 9502
  • Assessor Parcel Number 2365028021

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,827

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2365028021
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1397.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 662.13
  • Room Type: Family Room, Living Room

Exterior Features

  • Pool Private: No
  • Roof: Composition

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6074.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1433.00
  • Tax Lot: 95
  • Tax Tract Number: 9502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2019
Sold by
Stassen David Alexander and Atkins Beth Allison
Bought by
Stassen David Alexander and Atkins Beth Allison
Current Estimated Value
$3,449,917

Purchase Details

Closed on
Jul 12, 2018
Sold by
Karapeyan Aida
Bought by
Avaa Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,980,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 10, 2018
Sold by
Avaa Investments Inc
Bought by
Stassen David A and Atkins Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,980,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 7, 2017
Closed on
Apr 3, 2017
Sold by
Bank Of America Na
Bought by
Karapetyan Aida
Seller's Agent
Phil Boroda
Coldwell Banker Realty
Buyer's Agent
Bassem Fattah
Coldwell Banker Realty
List Price
$875,000
Sold Price
$925,000
Premium/Discount to List
$50,000
5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.44%
Original Mortgage
$647,500
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2017
Sold by
Koratschenko Mila
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 23, 2006
Sold by
Moisejev Klara
Bought by
The Klara B Moisejev Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,500
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 25, 2004
Sold by
Paul E & Klara B Moisejev Living Trust
Bought by
The Klara B Moisejev Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,478
Interest Rate
2.66%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 2001
Sold by
Moisejev Klara B
Bought by
The Klara B Moisejev Living Trust

Purchase Details

Closed on
Jun 5, 1998
Sold by
Moisejev Paul E
Bought by
Moisejev Paul E and Moisejev Klara B
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
Stassen David Alexander -- Fidelity National Title
Avaa Investments Inc -- Fidelity National Title
Stassen David A $2,475,000 None Available
Karapetyan Aida $925,000 None Available
Bank Of America Na $1,272,660 None Available
The Klara B Moisejev Living Trust -- First American Title Co
Moisejev Klara -- First American Title Co
The Klara B Moisejev Living Trust -- --
The Klara B Moisejev Living Trust -- --
Moisejev Paul E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stassen David A $1,979,000
Closed Stassen David A $1,979,000
Previous Owner Stassen David A $1,980,000
Previous Owner Karapetyan Aida $647,500
Previous Owner The Klara B Moisejev Living Trust $1,150,000
Previous Owner The Klara B Moisejev Living Trust $1,275,000
Previous Owner Moisejev Klara $565,500
Previous Owner The Klara B Moisejev Living Trust $174,000
Previous Owner The Klara B Moisejev Living Trust $435,478
Previous Owner Klara B Moisejev Living Trust $100,000
Closed The Klara B Moisejev Living Trust $435,478
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2017 04/21/17 Sold $925,000 +5.7% $662 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $875,000 -- $626 / 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 $32,827 $2,760,904 $1,645,387 $1,115,517
2024 $32,827 $2,706,770 $1,613,125 $1,093,645
2023 $32,183 $2,653,697 $1,581,496 $1,072,201
2022 $30,672 $2,601,665 $1,550,487 $1,051,178
2021 $30,298 $2,550,653 $1,520,086 $1,030,567
2019 $29,381 $2,475,000 $1,475,000 $1,000,000
2018 $11,519 $943,500 $816,000 $127,500
2016 $1,401 $106,946 $48,024 $58,922
2015 $1,382 $105,340 $47,303 $58,037
2014 $1,395 $103,278 $46,377 $56,901
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17026196

California Regional Multiple Listing Service (CRMLS)

APN: 2365-028-021