NOT LISTED FOR SALE

Estimated Value: $1,381,000 - $1,639,000

3 Beds
3 Baths
1,994 Sq Ft
$746/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $1,242,250 $623 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,452/month

38 Days on Market

Highlights

  • Golf Course Community
  • Gunite Pool
  • Primary Bedroom Suite
  • Van Nuys High School Rated A
  • Fishing
  • Midcentury Modern Architecture

About This Home

As of June 2021

This Wondrous remodeled Mid Century Modern is located in the heart of the much sought-after Midvale Estates. There is a feeling of peace when passing by the white roses behind the white rail fencing onto this beautiful quarter-acre sanctuary. As you enter thru the pleasing curve of the wash-stoned driveway you find the expansive lawn and custom deck with seating for out door lounging and entertaining. The warmth of wood floors and a spectacular view of the garden greet you upon entering, with an abundance of natural light thru-out. As you stand by the fireplace and gaze out on the lush bounty - fruit trees, a garden and sculpted newer heated swimming pool - you know you have found a home for your heart. This home includes a spacious, architects-dream family room with wet bar...which could also be the fourth bedroom. The flexibility of the bedroom layout allows you to choose any one of three as a master bedroom. The newly remodeled Cook's Kitchen is complete with stainless appliances and granite counter tops, spacious and bright. There is a large Laundry area complete with a sink, counter top for folding clothes, and storage. The leased solar panels are such a plus for this estate. This is a gem. Welcome home!

Last Agent to Sell the Property

Cathy Cressy

Sotheby's International Realty License #01028337 Listed on: 04/27/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,100

Year Built

  • Built in 1955

Lot Details

  • 0.26 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LARE11

Parking

  • 2 Car Garage

Home Design

  • Midcentury Modern Architecture
  • Composition Roof

Interior Spaces

  • 1,994 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Valley Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Built-In Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • In-Law or Guest Suite

Outdoor Features

  • Gunite Pool
  • Deck
  • Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 11449
  • Assessor Parcel Number 2234019014

Community Details

Overview

  • No Home Owners Association
  • Community Lake
  • Valley

Recreation

  • Golf Course Community
  • Fishing
  • Dog Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,100

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Washer and dryer, refrigerator
  • Other Phone Description: 8183591101
  • Property Attached: No
  • Subdivision Name Other: Midvale Estates
  • View: Yes
  • Zoning: LARE11
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2234019014
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1994.00 Square Feet
  • Interior Amenities: In-Law Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 622.99
  • Room Type: All Bedrooms Down, Family Room, Laundry, Master Suite

Exterior Features

  • Patio: Yes
  • View: Valley
  • Patio And Porch Features: Deck, Front Porch, Rear Porch
  • Pool Features: Private, Gunite, Heated
  • Pool Private: Yes
  • Roof: Composition
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Golf, Lake, Valley

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11284.00
  • Lot Size Acres: 0.2590

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11284.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1277.11
  • Tax Lot: 28
  • Tax Tract Number: 11449

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
May 18, 2021
Sold by
Fisher Michael and Fisher Becky Riley
Bought by
Hepburn Michael and Hepburn George Brandi
Seller's Agent
Cathy Cressy
Sotheby's International Realty
List Price
$1,200,000
Sold Price
$1,242,250
Premium/Discount to List
$42,250
3.52%
Current Estimated Value
$1,488,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,216
Avg. Annual Appreciation
4.39%
Original Mortgage
$988,000
Outstanding Balance
$896,457
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$592,009

Purchase Details

Listed on
Mar 7, 2014
Closed on
May 14, 2014
Sold by
Spagnoletti Eric M
Bought by
Fisher Michael and Fisher Becky Riley
Seller's Agent
Daniel Ruiz
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Daniel Ruiz
Berkshire Hathaway HomeServices California Properties
List Price
$739,900
Sold Price
$725,000
Premium/Discount to List
-$14,900
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$731,000
Interest Rate
4.17%
Mortgage Type
VA

Purchase Details

Closed on
Jun 6, 2012
Sold by
Spagnoletti Eric
Bought by
Spagnoletti Eric M and Spagnoletti Paola

Purchase Details

Closed on
Mar 15, 2005
Sold by
Ockwell Charles
Bought by
Spagnoletti Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2004
Sold by
Ulm Linda M and The Helen Stackhouse Trust
Bought by
Ockwell Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
3.66%
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
Hepburn Michael $1,242,500 Fidelity Sherman Oaks
Fisher Michael $725,000 First American Title Company
Spagnoletti Eric M -- None Available
Spagnoletti Eric $645,000 Lawyers Title Company
Ockwell Charles $535,000 Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hepburn Michael $988,000
Previous Owner Fisher Michael $50,000
Previous Owner Fisher Michael $729,800
Previous Owner Fisher Michael $731,000
Previous Owner Spagnoletti Eric $500,000
Previous Owner Ockwell Charles $428,000
Closed Spagnoletti Eric $112,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold $1,242,250 +3.5% $623 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
06/04/2021 06/04/21 Price Changed $1,200,000 0.0% $602 / Sq Ft
04/27/2021 04/27/21 For Sale $1,200,000 0.0% $602 / Sq Ft
12/28/2017 12/28/17 Rented $4,400 -2.2% --
12/27/2017 12/27/17 Under Contract -- -- --
07/22/2017 07/22/17 For Rent $4,500 0.0% --
06/30/2014 06/30/14 Sold $725,000 -2.0% $445 / Sq Ft
05/17/2014 05/17/14 Pending -- -- --
03/07/2014 03/07/14 For Sale $739,900 -- $454 / 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 $16,100 $1,344,649 $811,824 $532,825
2024 $16,100 $1,318,284 $795,906 $522,378
2023 $15,786 $1,292,436 $780,300 $512,136
2022 $15,049 $1,267,095 $765,000 $502,095
2021 $11,194 $929,969 $679,501 $250,468
2020 $11,306 $920,434 $672,534 $247,900
2019 $10,858 $902,388 $659,348 $243,040
2018 $10,743 $884,695 $646,420 $238,275
2016 $9,061 $750,761 $621,320 $129,441
2015 $8,927 $739,485 $611,988 $127,497
2014 $6,230 $494,000 $306,000 $188,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21088571

California Regional Multiple Listing Service (CRMLS)

APN: 2234-019-014