Check Availability

8020 Briar Summit Drive

8020 Briar Summit Drive, Los Angeles, CA 90046
Sold Apr 12, 2019
$2,792,000
$1,999,950 by Premier America Credit Union
Mortgage Due Oct 01, 2037
Sold Mar 01, 2013
$1,850,000
$1,240,000 by Pactrust Bank
Mortgage Due Mar 01, 2043
Local assessors in Los Angeles, CA have categorized 8020 Briar Summit Drive as a residential type of property. The home was built in 1959 and is 65 years old. It was most recently renovated and altered in 1961. The property's lot size has been calculated to be 12,141 square feet. The linear feet between the front and back of the lot was measured at 1,330 ft and the front of the lot was measured at 830 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 13 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8020 Briar Summit Drive has a total of 3,162 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of gravel/rock. Lots of stucco were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 8020 Briar Summit Drive sold most recently in Mar 5, 2019 for a total of $2,792,000. If you work out the math, that's approximately a cost of $882.99 per sqft. Before that, the property was also sold for $1,850,000 in Jan 17, 2013. 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 $34,943 in taxes each year. 8020 Briar Summit Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,993,370. If we break it down further, the land itself was valued at $2,324,425. Improvements to the property, however, were assessed at a total of $668,945. The property's total assessed value has been marked as more than the total market value 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.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.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,141
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 830
  • Total Building Area: 3,162
  • Building Area: 3,162
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 3,162
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 23818
  • Land Acres: 0.279
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=23818 LOT 4 AND SE 55 FT OF LOT 3

Ownership

  • Current Owner : G4J INVESTMENTS LLC
  • Previous Owner : WATROUSE JESSE BRADFORD
  • Owner Before Previous Owner: STOLL BOBBI
  • Owner Before Previous Owner 2: BOBBI STOLL TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 194102

Zoning

  • Zoning: LARE15

Geography

  • Assessors Map Reference: 23-E6
  • Subdivision Tract Number: 23818
  • Parcel: 5570-036-018
  • Lot: 4,3
  • Municipality: WEST /RUNYON CANYON
  • Latitude: 34.1247
  • Longitude: -118.372

    Address

  • Full Address: 8020 Briar Summit Dr
  • Address - House Number: 8020
  • Address - Street Name: Briar Summit
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C007
  • 4-Digit Zip Code: 1127
  • Zip Code: 90046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $34,943
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2263
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 3,146,206
  • High Value: 3,858,435
  • Low Value: 2,433,976

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,999,950
  • First Open Lien Mortgage Lender: PREMIER AMERICA CREDIT UNION
  • First Open Lien Mortgage Recording Date: Sep 09, 2022
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $1,999,950
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,993,370
  • Assessed Land Value: $2,324,425
  • Assessed Improvements Value: $668,945

    Sales

  • Current Sale Contract Date: Mar 05, 2019
  • Current Sale Recording Date: Apr 12, 2019
  • Current Sale Transaction ID: 11598118544
  • Current Sale Price: $2,792,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0325260
  • Previous Sale Recording Date: Mar 01, 2013
  • Previous Sale Contract Date: Jan 17, 2013
  • Previous Sale Amount: $1,850,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: PACTRUST BANK
  • Previous Mortgage Transaction Date: Mar 01, 2013
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,240,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Mar 01, 2043

About Central LA



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 10721 Aqua Vista St, TOLUCA LAKE, CA, 91602

$1,700 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
10721 Aqua Vista St #2, TOLUCA LAKE, CA, 91602 Listing by Scott Nell

Frequently Asked Questions

What neighborhood is 8020 Briar Summit Drive located in?
The 8020 Briar Summit Drive is a house located in the neighborhood of Hollywood Hills West in Central LA, Los Angeles.
What is the average sales price for listings in 8020 Briar Summit Drive?
The average sales price for units in 8020 Briar Summit Drive is $0 currently.

Quantcast