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11453 Laurelcrest Drive

11453 Laurelcrest Drive, Studio City, CA 91604
Property in Studio City
Sold Nov 17, 2020
$1,860,000
$1,488,000 by Movement Mortgage
Mortgage Due Dec 01, 2050
Sold Jun 20, 2014
$1,070,000
$856,000 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2044
11453 Laurelcrest Drive has been categorized by the local assessors in Studio City, CA as a residential type of property. The building on the property was first built in 1936 and is 88 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 11453 Laurelcrest Drive has 1,629 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 710 ft and across the front of the lot is 1,270 ft. The area measurement of the land has been determined as 10,016 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there is one available parking space. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 11453 Laurelcrest Drive was last sold in Oct 13, 2020 for $1,860,000. According to our calculations, that's $1,141.80 per sqft. Prior to that sales transaction, the property was sold for $1,070,000 in May 30, 2014. Current property owners are expected to pay $22,584 in taxes per year. The property on 11453 Laurelcrest Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,935,144. To break that down further, the land itself was valued at $1,040,400. While improvements to the property were assessed at a total of $894,744. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,016
  • Lot Size Depth Feet: 710
  • Lot Size Frontage Feet: 1,270
  • Total Building Area: 1,629
  • Building Area: 1,629
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,629
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 7762
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 7762 LOT/SEC 79

Ownership

  • Current Owner : OH STEVEN S
  • Current Owner 2: THE PETRA TRUST
  • Previous Owner : JORDAN MARK T
  • Previous Owner 2: JORDAN KARLA MICHELLE
  • Owner Before Previous Owner: ORTIZ JOSE
  • Owner Before Previous Owner 2: THE JOE ORTIZ LIVING TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 143801

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 23-D5
  • Subdivision Tract Number: 7762
  • Parcel: 2378-030-003
  • Lot: 79
  • Municipality: NORTH /STUDIO CITY
  • Latitude: 34.1358
  • Longitude: -118.382

    Address

  • Full Address: 11453 Laurelcrest Dr
  • Address - House Number: 11453
  • Address - Street Name: Laurelcrest
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Studio City
  • Carrier Code: C044
  • 4-Digit Zip Code: 3872
  • Zip Code: 91604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,584
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 2,376,732
  • High Value: 2,833,437
  • Low Value: 1,920,026

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,488,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 17, 2020
  • First Open Lien Mortgage Loan Amount: $1,488,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,935,144
  • Assessed Land Value: $1,040,400
  • Assessed Improvements Value: $894,744

    Sales

  • Current Sale Contract Date: Oct 13, 2020
  • Current Sale Recording Date: Nov 17, 2020
  • Current Sale Transaction ID: 11799675632
  • Current Sale Price: $1,860,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1465728
  • Previous Sale Recording Date: Jun 20, 2014
  • Previous Sale Contract Date: May 30, 2014
  • Previous Sale Amount: $1,070,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Nov 17, 2020
  • First Mortgage Loan Amount: $1,488,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Jun 20, 2014
  • Previous Mortgage Loan Amount: $856,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2044

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Frequently Asked Questions

What neighborhood is 11453 Laurelcrest Drive located in?
The 11453 Laurelcrest Drive is a located in the neighborhood of Studio City in South Valley, Studio City.
What is the average sales price for listings in 11453 Laurelcrest Drive?
The average sales price for units in 11453 Laurelcrest Drive is $0 currently.

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