NOT LISTED FOR SALE

1542 1/2 N Easterly Terrace Los Angeles, CA 90026

Estimated Value: $2,302,000 - $2,605,000

0.08 Acre
$30,205,500 Price per Acre
3,750 Sq Ft Lot

Last Sold September 02, 2015

Last sale price $310,000

Est. 679% increase in value since last sale

Current estimated payment $15,265/month

6 Days on Market

About This Lot

As of September 2015

Incredible and rare opportunity to purchase a building lot in prime Silver Lake Hills. Located on a quiet cul-de-sac street within short walking distance to all the shops, restaurants and the reservoir. Upslope lot affords fantastic views of the Silver Lake Hills and amazing sunsets. Utilities are available and nearby thus minimizing cost. Soils/Geological, Survey and Approved Plans were previously completed and available. This is a chance to design and build a property next door to two Kesling designed homes and in a neighborhood containing some of the great Modern Architects including Neutra, Lautner, Ain, Morris, and Soriano.

Last Agent to Sell the Property

Scott King

Compass License #01710768 Listed on: 08/14/2015

Compass

Last Buyer's Agent

Steve Clark

Backbeat Homes License #01482283

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $31,403

Lot Details

  • 3,750 Sq Ft Lot
  • Lot Sloped Up
  • Property is zoned LAR1

Property Views

  • Trees
  • Hills

Listing and Financial Details

  • Assessor Parcel Number 5424-008-025

Property Details

Property Type

Land

Est. Annual Taxes

$31,403

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Survey: Survey Done
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Description: Asphalt, Public
  • View: Hills, Tree Top
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 5424-008-025
  • Geocode Override: No
  • Lot Size Area: 3750
  • Topography: Uphill

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2017
Sold by
Vaillancourt Charles
Bought by
Phillips David
Current Estimated Value
$2,416,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$914,165
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,502,275

Purchase Details

Listed on
Aug 14, 2015
Closed on
Aug 24, 2015
Sold by
Vaillancourt Maureen
Bought by
Vaillancourt Charles
Seller's Agent
Scott King
Compass
Buyer's Agent
Steve Clark
Backbeat Homes
List Price
$249,000
Sold Price
$310,000
Premium/Discount to List
$61,000
24.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.40%

Purchase Details

Closed on
Mar 31, 2015
Sold by
Parrish Lloyd
Bought by
Parrish Lloyd and Bragg Karen
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Phillips David $1,880,000 Wfg National Title Company
Phillips David $1,880,000 Wfg National Title Company
Vaillancourt Charles -- Lawyers Title
Vaillancourt Charles -- Lawyers Title
Parrish Lloyd -- None Available
Vaillancourt Charles $310,000 Lawyers Title
Parrish Lloyd -- None Available
Vaillancourt Charles $310,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips David $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2015 09/02/15 Sold $310,000 +24.5% --
08/20/2015 08/20/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $249,000 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $31,403 $2,652,000 $1,817,130 $834,870
2024 $31,403 $2,600,000 $1,781,500 $818,500
2023 $29,572 $2,448,000 $1,530,918 $917,082
2022 $28,177 $2,400,000 $1,500,900 $899,100
2021 $23,414 $1,976,214 $1,471,649 $504,565
2019 $22,703 $1,917,600 $1,428,000 $489,600
2018 $22,666 $1,880,000 $1,400,000 $480,000
2016 $3,709 $310,000 $310,000 $0
2015 $908 $75,027 $75,027 $0
2014 $911 $73,558 $73,558 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Scott King

    Compass

    Section Image
  • Steve Clark

    Buyer's Agent in 2015

    Steve Clark

    Backbeat Homes

    (818) 519-9363

    7 in this area

    188 Total Sales

    Steve Clark
    Section Image

  • S

    Buyer's Agent in 2015

    Stephen Clark

    Compass

See All Agents

Map

Source: The MLS

MLS Number: 15-933003

The MLS

APN: 5424-008-025

California Los Angeles County Los Angeles 90026

1542 1/2 N Easterly Terrace, Los Angeles, CA

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