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4224 Laurelgrove Avenue

4224 Laurelgrove Avenue, Studio City, CA 91604
Property in Studio City
Sold Nov 21, 1996
$325,000
$361,000 by Caliber Home Loans Inc
Mortgage Due Jan 01, 2051
Sold Sep 15, 1993
$275,000
$247,500 by Independence One Mtg Corp
Mortgage Due Oct 01, 2023
4224 Laurelgrove Avenue 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 1938 and is 86 years old. However, we must point out that the home was most recently renovated and altered in 1994. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4224 Laurelgrove Avenue has 2,110 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 1,250 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,252 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. 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. 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 C 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. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 4224 Laurelgrove Avenue sold most recently in Oct 15, 1996 for a total of $325,000. If you work out the math, that's approximately a cost of $154.03 per sqft. Before that, the property was also sold for $275,000 in Aug 30, 1993. 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 $7,043 in taxes each year. 4224 Laurelgrove Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $588,978. If we break it down further, the land itself was valued at $257,506. Improvements to the property, however, were assessed at a total of $331,472. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1938
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • 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
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,252
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,110
  • Building Area: 2,110
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,110
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7578
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 7578 LOT/SEC 19

Ownership

  • Current Owner : BENTON JOHN B
  • Current Owner 2: BENTON SHIRLEY B
  • Previous Owner : EPSTEIN MARC L
  • Owner Before Previous Owner: ESCOTT MARY FRANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 143500

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 23-C4
  • Subdivision Tract Number: 7578
  • Parcel: 2367-006-004
  • Lot: 19
  • Municipality: NORTH /STUDIO CITY
  • Latitude: 34.1475
  • Longitude: -118.401

    Address

  • Full Address: 4224 Laurelgrove Ave
  • Address - House Number: 4224
  • Address - Street Name: Laurelgrove
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Studio City
  • Carrier Code: C009
  • 4-Digit Zip Code: 1623
  • Zip Code: 91604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,043
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2256
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,752,965
  • High Value: 2,148,544
  • Low Value: 1,357,385

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $361,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 31, 2020
  • First Open Lien Mortgage Loan Amount: $361,000
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $588,978
  • Assessed Land Value: $257,506
  • Assessed Improvements Value: $331,472

    Sales

  • Current Sale Contract Date: Oct 15, 1996
  • Current Sale Recording Date: Nov 21, 1996
  • Current Sale Transaction ID: 1001789538
  • Current Sale Price: $325,000
  • Current Sale Document Type: Individual Deed
  • Current Sale Input Document Number: 96-1892520
  • Previous Sale Recording Date: Sep 15, 1993
  • Previous Sale Contract Date: Aug 30, 1993
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATL BANK
  • First Mortgage Transaction Date: Nov 21, 1996
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Dec 01, 2026

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: INDEPENDENCE ONE MTG CORP
  • Previous Mortgage Transaction Date: Sep 15, 1993
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $247,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2023

About South Valley



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Frequently Asked Questions

What neighborhood is 4224 Laurelgrove Avenue located in?
The 4224 Laurelgrove Avenue is a located in the neighborhood of Studio City in South Valley, Studio City.
What is the average sales price for listings in 4224 Laurelgrove Avenue?
The average sales price for units in 4224 Laurelgrove Avenue is $0 currently.

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