See Home Value
$5,850,000 - $7,150,000
House - Off Market

12985 Galewood St

Studio City, CA 91604
bedrooms
5 Beds
bathrooms
5.5 Baths, 1 Half Bath
square feet
5660 Sqft
Sold Dec 15, 2023
$6,300,000
$3,300,000 by City National Bank
Mortgage Due Jan 01, 2054
Sold Feb 08, 2021
$2,765,000
$2,073,750 by Jpmorgan Chase Bank Na
Mortgage Due Mar 01, 2051

About This Property

This exquisite residence, designed by Kevin Clark, is situated within the prestigious Longridge Estates, boasting panoramic city and canyon views. A seamless blend of style, modern sophistication w/ traditional comfort. This five-bed (4 bedroom main house + 1 bedroom ADU), six-bath dwelling is sited privately on a 22,287 sq. ft. lot. As you step inside, you are greeted by a radiant and open living space that flows effortlessly to the dining room and kitchen, which is a culinary aficionado's dream, replete with Sub-Zero, Miele, Wolf appliances, and double islands with Carrara marble counters. Ascend a level to the 1500 sq. ft. primary suite which is highlighted by a cozy fireplace, dual walk-in closets and a lavish en-suite bath adorned with Calcatta marble counters boasting a soaking tub, sauna, dual sinks, and steam shower. The landscaped gardens are complete w/ elegant specimen trees, pool/spa, and ADU. This home embodies California living at its finest.

The manager has listed the unit size as 5660 square feet.
Unit Size
5,660Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$1,148
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1989

Price History

Date / Event Date Event Price
Dec 17, 2023 No longer available -
No longer available
Dec 15, 2023 Sold to Sarna $6,300,000
Sold to Sarna
Nov 23, 2023 In contract -
In contract
Sep 18, 2023 Listed $6,500,000
Listed
Aug 3, 2023 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: A
  • 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: Attached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 22,298
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,520
  • Total Building Area: 3,916
  • Building Area: 3,916
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,916
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 13614
  • Land Acres: 0.512
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 13614 LOT COM AT MOST S COR OF LOT 7 TH N ON E LINE OF GALEWOOD ST 198.36 FT TH S 43 04' E 63.33 FT TH N 63 23'08 E TO NE LINE OF SD LOT TH SE SEE ASSESSOR MAPBOOK FOR MISSING PORTIONLOT 8

Ownership

  • Current Owner : 12985 GALEWOOD STREET REALTY TRUST
  • Current Owner 2: SARNA
  • Previous Owner : RICHARD WHOBREY LIVING TRUST
  • Owner Before Previous Owner: KNISPEL LESTER
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 143902

Zoning

  • Zoning: LARE15

Geography

  • Assessors Map Reference: 23-A4
  • Subdivision Tract Number: 13614
  • Parcel: 2385-030-025
  • Lot: 7
  • Municipality: NORTH /SHERMAN OAKS
  • Latitude: 34.142
  • Longitude: -118.415

    Address

  • Full Address: 12985 Galewood St
  • Address - House Number: 12985
  • Address - Street Name: Galewood
  • Address - Suffix Type: St
  • State: CA
  • City Name: Studio City
  • Carrier Code: C033
  • 4-Digit Zip Code: 4046
  • Zip Code: 91604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $33,398
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 96
  • Final Value: 6,350,675
  • High Value: 6,781,010
  • Low Value: 5,920,340

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,300,000
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Dec 15, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,300,000
  • 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: Jan 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,876,705
  • Assessed Land Value: $2,301,364
  • Assessed Improvements Value: $575,341

    Sales

  • Current Sale Contract Date: Dec 05, 2023
  • Current Sale Recording Date: Dec 15, 2023
  • Current Sale Transaction ID: 11917837400
  • Current Sale Price: $6,300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 879981
  • Previous Sale Recording Date: Feb 08, 2021
  • Previous Sale Contract Date: Jan 07, 2021
  • Previous Sale Amount: $2,765,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATIONAL BANK
  • First Mortgage Transaction Date: Dec 15, 2023
  • First Mortgage Loan Amount: $3,300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Feb 08, 2021
  • Previous Mortgage Loan Amount: $2,073,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Valley


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Frequently Asked Questions

When was property at 12985 Galewood Street built and last sold?
The property at 12985 Galewood Street was built in 1989 and last sold on Dec 5, 2023 for $6,300,000.
How much is this home worth?
The estimated value of the home located at 12985 Galewood Street is $6,565,000.
What are some comparable homes to 12985 Galewood Street?
There are currently no comparable homes to 12985 Galewood Street.

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