NOT LISTED FOR SALE

Estimated Value: $2,274,000 - $4,252,000

3 Beds
3 Baths
2,020 Sq Ft
$1,646/Sq Ft Est. Value

Last Sold May 17, 2023

Last sale price $4,250,000 $2,104 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $20,990/month

51 Days on Market

Highlights

  • Private Pool
  • Gated Parking
  • 1.35 Acre Lot
  • RV Access or Parking
  • Panoramic View
  • Midcentury Modern Architecture

About This Home

As of May 2023

First time on market in over 60 years. SUBMIT ALL OFFERS. Att : Builders, Developers Fixer / Tear down Alert. . Gated down a long private driveway. Great opportunity to build new / rehab /value add square footage this single story Mid Century Modern on flat lot with endless possibilities. INCLUDED to this offering of this home is a view flat 34k sq. ft. parcel with separate - APN . Existing home sits on 25k flat lot. Amazing city views from interior of home.
Please see private remarks. APN for home is 5572-021-013 and VACANT lot below APN 5572-021-014

Last Agent to Sell the Property

Sonny Benudiz

Keller Williams Realty-Studio City License #00790097 Listed on: 02/13/2023

Keller Williams Realty-Studio City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,068

Year Built

  • Built in 1950

Lot Details

  • 1.35 Acre Lot
  • 5572021014
  • Tear Down

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Gated Parking
  • RV Access or Parking

Property Views

  • Panoramic
  • City Lights

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • Fireplace
  • Family Room
  • Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • Private Pool

Utilities

  • Cooling Available
  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 5572021013

Community Details

Overview

  • No Home Owners Association

Recreation

  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,068

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 818-432-2678
  • Property Attached: No
  • View: Yes
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5572021013
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Room Type: All Bedrooms Down, Family Room, Laundry, Living Room

Exterior Features

  • View: City Lights, Panoramic
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Paved, Gated, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Dog Park

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 5572021014
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft, Tear Down
  • Lot Size Sq Ft: 59000.00
  • Lot Size Acres: 1.3545

Multi Family

  • Lease Considered: No
  • Lot Size Area: 59000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 0000
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
May 9, 2023
Sold by
Barnum Hidle B
Bought by
Chow Michael
Seller's Agent
Sonny Benudiz
Keller Williams Realty-Studio City
List Price
$4,900,000
Sold Price
$4,250,000
Premium/Discount to List
-$650,000
-13.27%
Views
225
Current Estimated Value
$3,324,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$925,542
Avg. Annual Appreciation
-9.58%
Original Mortgage
$2,698,500
Outstanding Balance
$2,619,003
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$705,455

Purchase Details

Listed on
Feb 13, 2023
Closed on
Apr 21, 2023
Sold by
Chow Vanessa
Bought by
Chow Michael
Seller's Agent
Sonny Benudiz
Keller Williams Realty-Studio City
List Price
$4,900,000
Sold Price
$4,250,000
Premium/Discount to List
-$650,000
-13.27%
Views
225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,698,500
Outstanding Balance
$2,619,003
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$705,455

Purchase Details

Closed on
Nov 14, 2005
Sold by
Barnum Billie J
Bought by
Barnum Billie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1998
Sold by
Crotty Patrick G
Bought by
Barnum Billie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.35%
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
Chow Michael $4,250,000 Lawyers Title
Chow Michael -- Lawyers Title
Barnum Billie -- North American Title
Barnum Billie J -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chow Michael $2,698,500
Previous Owner Barnum Billie $285,000
Previous Owner Barnum Billie J $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2023 05/17/23 Sold $4,250,000 -5.6% $2,104 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
04/02/2023 04/02/23 Price Changed $4,500,000 -8.2% $2,228 / Sq Ft
02/13/2023 02/13/23 For Sale $4,900,000 -- $2,426 / 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 $43,068 $3,610,188 $2,881,908 $728,280
2024 $43,068 $3,539,400 $2,825,400 $714,000
2023 $2,760 $179,276 $62,416 $116,860
2022 $3,455 $175,762 $61,193 $114,569
2021 $3,401 $172,317 $59,994 $112,323
2020 $2,590 $170,551 $59,379 $111,172
2019 $2,507 $167,208 $58,215 $108,993
2018 $2,344 $163,930 $57,074 $106,856
2016 $2,196 $157,565 $54,858 $102,707
2015 $2,169 $155,199 $54,034 $101,165
2014 $2,196 $152,160 $52,976 $99,184
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22251631

California Regional Multiple Listing Service (CRMLS)

APN: 5572-021-013