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3529 Wrightwood Court

3529 Wrightwood Court, Studio City, CA 91604
Property in Studio City
Sold Apr 27, 2020
$3,400,000
Sold Aug 22, 2016
$3,000,000
$2,250,000 by Commerce Bank
Mortgage Due Sep 01, 2046
3529 Wrightwood Court in Studio City, CA was first built in 1958 and is 66 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 3529 Wrightwood Court has 4,256 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 39,832 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A-. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3529 Wrightwood Court sold most recently in Mar 2, 2020 for a total of $3,400,000. If you work out the math, that's approximately a cost of $798.87 per sqft. Before that, the property was also sold for $3,000,000 in Aug 16, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $41,664 in taxes each year. 3529 Wrightwood Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,574,003. If we break it down further, the land itself was valued at $2,859,204. Improvements to the property, however, were assessed at a total of $714,799. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: A-
  • Construction Type: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 39,832
  • Total Building Area: 4,256
  • Building Area: 4,256
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 4,256
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LANKERSHIM RANCH LAND AND WATER CO
  • Land Acres: 0.914
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAND DESC IN DOC 691259,20190716 LOT 17 TR=22338 AND POR LOT 2 MR 66-83-85

Ownership

  • Current Owner : LORIMAN PETER R
  • Current Owner 2: LORIMAN CINDY K
  • Previous Owner : DEWITT WILLIAM A
  • Previous Owner 2: DEWITT IRA A
  • Owner Before Previous Owner: GESAS MICHAEL A
  • Owner Before Previous Owner 2: HALES DAN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 143700

Zoning

  • Zoning: LARE15

Geography

  • Subdivision Tract Number: 22338
  • Parcel: 2380-010-016
  • Lot: 17,2
  • Municipality: NORTH /STUDIO CITY
  • Latitude: 34.1344
  • Longitude: -118.369

    Address

  • Full Address: 3529 Wrightwood Ct
  • Address - House Number: 3529
  • Address - Street Name: Wrightwood
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Studio City
  • Carrier Code: C016
  • 4-Digit Zip Code: 3935
  • Zip Code: 91604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $41,664
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.227
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 2,351,440
  • High Value: 2,885,449
  • Low Value: 1,817,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,574,003
  • Assessed Land Value: $2,859,204
  • Assessed Improvements Value: $714,799

    Sales

  • Current Sale Contract Date: Mar 02, 2020
  • Current Sale Recording Date: Apr 27, 2020
  • Current Sale Transaction ID: 11755745637
  • Current Sale Price: $3,400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20-0460286
  • Previous Sale Recording Date: Aug 22, 2016
  • Previous Sale Contract Date: Aug 16, 2016
  • Previous Sale Amount: $3,000,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARVIN A STUTZ DECLARATION OF
  • First Mortgage Transaction Date: Apr 27, 2020
  • First Mortgage Loan Amount: $2,000,000

    Previous Mortgages

  • Previous Mortgage Lender: COMMERCE BANK
  • Previous Mortgage Transaction Date: Aug 22, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $2,250,000
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2046

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Frequently Asked Questions

What neighborhood is 3529 Wrightwood Court located in?
The 3529 Wrightwood Court is a located in the neighborhood of Studio City in South Valley, Studio City.
What is the average sales price for listings in 3529 Wrightwood Court?
The average sales price for units in 3529 Wrightwood Court is $0 currently.

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