NOT LISTED FOR SALE

1601 N Easterly Terrace Los Angeles, CA 90026

Estimated Value: $1,824,786 - $2,095,000

3 Beds
2.5 Baths
1,657 Sq Ft
$1,199/Sq Ft Est. Value

Last Sold February 01, 2019

Last sale price $1,675,000 $1,011 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $12,247/month

9 Days on Market

Highlights

  • Art Studio
  • Primary Bedroom Suite
  • Panoramic View
  • John Marshall Senior High Rated A
  • All Bedrooms Downstairs
  • Property is near a park

About This Home

As of February 2019

Classic Silver Lake cottage, with luxury finishes and incredible outdoor space. One block away from shopping, restaurants and coffee shops. Completely gated property with gardens full of California native plants and trees. This charming 1937 home has just been completely updated with a master suite/en-suite full bathroom, claw foot tub and Waterworks fixtures. First floor Living room, dining room, kitchen, powder room. Backyard fire pit and seating and a unique artist studio, yoga room or writers cabin

Last Agent to Sell the Property

Lynne Pope

Coldwell Banker Realty License #01377782 Listed on: 12/05/2018

Coldwell Banker Realty

Last Buyer's Agent

Alexander Trevino

Trevino Properties Inc. License #01324975

Trevino Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,190

Year Built

  • Built in 1937 | Remodeled

Lot Details

  • 4,917 Sq Ft Lot
  • Fenced
  • Fence is in excellent condition
  • Sprinkler System
  • Private Yard
  • Back and Front Yard
  • On-Hand Building Permits
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Property Views

  • Panoramic
  • City Lights

Home Design

  • Turnkey
  • Additions or Alterations

Interior Spaces

  • 1,657 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Art Studio
  • Wood Flooring
  • Laundry Room

Kitchen

  • Eat-In Galley Kitchen
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Exterior Lighting
  • Outbuilding

Location

  • Property is near a park
  • Urban Location

Utilities

  • Two cooling system units
  • Central Heating
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 5980
  • Tax Tract Number 12
  • Assessor Parcel Number 5423021001

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,190

Year Built

Built in 1937 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Condition: Additions/Alterations, Building Permit, Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5423021001
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1657.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1010.86
  • Room Type: All Bedrooms Down, Art Studio, Entry, Galley Kitchen, Kitchen, Living Room, Master Suite, Retreat, Walk-In Closet
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Remodeled, Walk-In Shower

Exterior Features

  • Other Structures: Outbuilding
  • View: City Lights, Panoramic
  • Fence: Yes
  • Fencing: Excellent Condition
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Park Nearby, Sprinkler System, Yard
  • Lot Size Sq Ft: 4917.00
  • Lot Size Acres: 0.1129

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4917.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1955.00
  • Tax Lot: 5980
  • Tax Tract Number: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2018
Closed on
Dec 20, 2018
Sold by
Pope Christopher R and Pope Lauralee D
Bought by
Martin Alan L
Seller's Agent
Lynne Pope
Coldwell Banker Realty
Buyer's Agent
Alexander Trevino
Trevino Properties Inc.
List Price
$1,675,000
Sold Price
$1,675,000
Current Estimated Value
$1,986,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,697
Avg. Annual Appreciation
2.56%
Original Mortgage
$1,172,500
Outstanding Balance
$1,028,807
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$957,890

Purchase Details

Closed on
Sep 26, 2016
Sold by
Pope Christopher R
Bought by
Pope Christopher R and Pope Lauralee D

Purchase Details

Closed on
Dec 22, 2012
Sold by
Nationstar Mortgage Llc
Bought by
Pope Christopher R and Pope Lauralee D

Purchase Details

Closed on
Sep 12, 2012
Sold by
Lutes Larisa
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jan 25, 2010
Sold by
Lutes Larisa
Bought by
Lutes Larisa M and The Larisa M Lutes Living Trust

Purchase Details

Closed on
Feb 18, 2003
Sold by
Hardy Graham
Bought by
Lutes Larisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
5%

Purchase Details

Closed on
Oct 12, 1993
Sold by
Gilbert Francis S and Gilbert Karen K
Bought by
Hardy Graham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,700
Interest Rate
8.53%
Source: Public Records

Range of Values:

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Average Value
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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
Martin Alan L $1,675,000 Fidelity National Title Comp
Pope Christopher R -- None Available
Pope Christopher R -- None Available
Pope Christopher R $612,500 None Available
Nationstar Mortgage Llc $639,353 Accommodation
Lutes Larisa M -- Accommodation
Lutes Larisa $515,500 Southland Title Company
Hardy Graham $230,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Alan L $1,172,500
Previous Owner Lutes Larisa $412,000
Previous Owner Hardy Graham $206,700
Closed Lutes Larisa $51,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2019 02/01/19 Sold $1,675,000 0.0% $1,011 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
12/05/2018 12/05/18 For Sale $1,675,000 0.0% $1,011 / Sq Ft
04/25/2018 04/25/18 Rented $9,000 0.0% --
04/16/2018 04/16/18 For Rent $9,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $22,190 $1,868,491 $1,394,398 $474,093
2024 $22,190 $1,831,855 $1,367,057 $464,798
2023 $21,754 $1,795,937 $1,340,252 $455,685
2022 $20,729 $1,760,723 $1,313,973 $446,750
2021 $20,481 $1,726,200 $1,288,209 $437,991
2019 $8,126 $675,695 $540,580 $135,115
2018 $8,093 $662,447 $529,981 $132,466
2016 $7,730 $636,725 $509,402 $127,323
2015 $7,617 $627,162 $501,751 $125,411
2014 $7,645 $614,878 $491,923 $122,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18285965

California Regional Multiple Listing Service (CRMLS)

APN: 5423-021-001