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3950 Sunswept Drive

3950 Sunswept Drive, Studio City, CA 91604
Property in Studio City
Sold Apr 10, 2012
$1,100,000
$715,000 by First Republic Bank
Mortgage Due Jan 01, 2037
Sold Dec 26, 2001
$755,000
$604,000 by Washington Mutual Bank Fa
Mortgage Due Jan 01, 2032
3950 Sunswept Drive in Studio City, CA was first built in 1938 and is 86 years old. Although, the building on the property was most recently renovated and altered in 1951. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 8 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. 3950 Sunswept Drive has 2,420 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. The linear feet across the front of the lot is 970 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 11,041 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. The home has a hip style roof made of composition shingle. There are a total of 2 available parking spaces. 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. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 3950 Sunswept Drive was last sold in Feb 29, 2012 for $1,100,000. According to our calculations, that's $454.55 per sqft. Prior to that sales transaction, the property was sold for $755,000 in Nov 14, 2001. Current property owners are expected to pay $16,420 in taxes per year. The property on 3950 Sunswept Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,391,379. To break that down further, the land itself was valued at $808,151. While improvements to the property were assessed at a total of $583,228. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1938
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,041
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 970
  • Total Building Area: 2,420
  • Building Area: 2,420
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,420
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5896
  • Land Acres: 0.254
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 5896 LOT/SEC 85

Ownership

  • Current Owner : THOMAS ROBERT B
  • Current Owner 2: THOMAS SARAH C
  • Previous Owner : CLARK DAVID A
  • Owner Before Previous Owner: MIDKIFF DALE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Woman as her sole & separate property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 143901

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 23-B4
  • Subdivision Tract Number: 5896
  • Parcel: 2384-001-017
  • Lot: 85
  • Municipality: NORTH /STUDIO CITY
  • Latitude: 34.1426
  • Longitude: -118.409

    Address

  • Full Address: 3950 Sunswept Dr
  • Address - House Number: 3950
  • Address - Street Name: Sunswept
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Studio City
  • Carrier Code: C010
  • 4-Digit Zip Code: 2330
  • Zip Code: 91604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,420
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2256
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,263,224
  • High Value: 2,773,950
  • Low Value: 1,752,498

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $715,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Dec 08, 2021
  • First Open Lien Mortgage Loan Amount: $715,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,391,379
  • Assessed Land Value: $808,151
  • Assessed Improvements Value: $583,228

    Sales

  • Current Sale Contract Date: Feb 29, 2012
  • Current Sale Recording Date: Apr 10, 2012
  • Current Sale Transaction ID: 1001879070
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 12-0533889
  • Previous Sale Recording Date: Dec 26, 2001
  • Previous Sale Contract Date: Nov 14, 2001
  • Previous Sale Amount: $755,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Apr 10, 2012
  • First Mortgage Loan Amount: $880,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Dec 26, 2001
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $604,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2032

About South Valley



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Frequently Asked Questions

What neighborhood is 3950 Sunswept Drive located in?
The 3950 Sunswept Drive is a located in the neighborhood of Studio City in South Valley, Studio City.
What is the average sales price for listings in 3950 Sunswept Drive?
The average sales price for units in 3950 Sunswept Drive is $0 currently.

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