Seller's Agent in 2023
Zack Grakal
Keller Williams Beverly Hills
(310) 432-6400
1 in this area
125 Total Sales
1603 Silverwood Terrace Los Angeles, CA 90026
Estimated Value: $2,059,000 - $2,767,902
4
Beds
3.5
Baths
2,952
Sq Ft
$796/Sq Ft
Est. Value
Highlights
- Attached Guest House
- Primary Bedroom Suite
- Room in yard for a pool
- John Marshall Senior High Rated A
- City Lights View
- Wood Flooring
About This Home
As of April 2023Fantastic property in the hills of beautiful Silverlake! Charming and light 1920's Spanish Tri-level Home can be used as a single-family home or a legal duplex. The two-story main house has an abundance of light, hillside breezes and breathtaking views. 3 bedrooms and 2 renovated baths upstairs; downstairs, a formal entry, dining room, large living room, powder room, and a spacious kitchen with top-of-the-line appliances. Balconies and patios off both levels lend an indoor/outdoor feel. The third level below is a stand-alone, legal 1-bedroom unit, currently being used as family room, office, and nanny suite. It is also light, spacious and airy, and has a private entrance from the street. Large private backyard with fire pit and dining patio an inviting oasis that completes this ideal home for entertaining. Amazing outdoor kitchen with barbeque, wine fridge and custom cabinetry. Property is in prime condition, with system upgrades, Nest controls (main house), and whole-house internet wiring. Don't miss this opportunity or a must-see spectacular marvel in Silverlake!
Last Agent to Sell the Property
Keller Williams Beverly Hills License #01366301 Listed on: 04/14/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $27,598
Year Built
- Built in 1925 | Remodeled
Lot Details
- 5,083 Sq Ft Lot
- Gated Home
- Stucco Fence
- Property is zoned LAR1
Property Views
- City Lights
- Canyon
- Mountain
Home Design
- Spanish Architecture
- Turnkey
Interior Spaces
- 2,952 Sq Ft Home
- Built-In Features
- Ceiling Fan
- Decorative Fireplace
- Vertical Blinds
- French Doors
- Family Room
- Living Room with Fireplace
- Dining Room
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Powder Room
- Double Vanity
Laundry
- Laundry in Garage
- Dryer
- Washer
Parking
- 2 Car Direct Access Garage
- Converted Garage
- Garage Door Opener
Outdoor Features
- Room in yard for a pool
- Living Room Balcony
- Covered Patio or Porch
- Outdoor Grill
Additional Homes
- Attached Guest House
Utilities
- Central Heating and Cooling System
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5424-008-024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2023
Closed on
Mar 17, 2023
Sold by
Iris Lane Irrevocable Trust
Bought by
Gorlick Jarrett and Zamanzadeh Nicole
Seller's Agent
Zack Grakal
Keller Williams Beverly Hills
Buyer's Agent
Casey Napolitano
NDA Inc
List Price
$2,195,000
Sold Price
$2,257,000
Premium/Discount to List
$62,000
2.82%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,226
Avg. Annual Appreciation
1.74%
Original Mortgage
$1,772,000
Outstanding Balance
$1,711,596
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$639,630
Purchase Details
Listed on
Jun 2, 2017
Closed on
Jul 18, 2017
Sold by
Rathman Ryan R and Strunk Katharine O
Bought by
Holzem Paul M and Iris Lane Irrevocable Trust
Seller's Agent
Carol Stewart
Sotheby's International Realty
Buyer's Agent
Zack Grakal
Keller Williams Beverly Hills
List Price
$1,595,000
Sold Price
$1,500,000
Premium/Discount to List
-$95,000
-5.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Purchase Details
Closed on
Jun 11, 2014
Sold by
Rathman Ryan R and Strunk Katharine O
Bought by
The Rathman Strunk Family Trust
Purchase Details
Closed on
Feb 22, 2013
Sold by
Rathman Ryan R and Strunk Katharine O
Bought by
Rathman Ryan R and Strunk Katharine O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$661,000
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 24, 2012
Sold by
Rathman Ryan R and Strunk Katharine O
Bought by
Rathman Ryan R and Strunk Katharine O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 9, 2012
Sold by
Rathman Ryan R and Strunk Katharine O
Bought by
Rathman Ryan R and Strunk Katharine O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 16, 2011
Sold by
Rathman Ryan R and Strunk Katharine O
Bought by
Rathman Ryan R and Strunk Katharine O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.26%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 21, 2011
Sold by
Rathman Ryan R and Strunk Katharine O
Bought by
Rathman Ryan R and Strunk Katharine O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$678,000
Interest Rate
5.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 10, 2010
Sold by
Rathman Ryan R and Strunk Katharine O
Bought by
Rathman Ryan R and Strunk Katharine O
Purchase Details
Closed on
Jun 22, 2009
Sold by
Brotherson Kurt J and Brotherson Living Trust
Bought by
Rathman Ryan R and Strunk Katharine O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 11, 2004
Sold by
Brotherson Kurt J
Bought by
Brotherson Kurt J and The Brotherson Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,700
Interest Rate
5.85%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gorlick Jarrett | $2,257,000 | Clearmark Title | |
| Holzem Paul M | $1,500,000 | Equity Title Company | |
| The Rathman Strunk Family Trust | -- | None Available | |
| Rathman Ryan R | -- | Title365 | |
| Rathman Ryan R | -- | Title 365 Company | |
| Rathman Ryan R | -- | Accommodation | |
| Rathman Ryan R | -- | Advantage Title Inc | |
| Rathman Ryan R | -- | Accommodation | |
| Rathman Ryan R | -- | Lsi | |
| Rathman Ryan R | -- | Accommodation | |
| Rathman Ryan R | -- | Lsi | |
| Rathman Ryan R | -- | None Available | |
| Rathman Ryan R | $920,000 | Lawyers Title Company | |
| Brotherson Kurt J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gorlick Jarrett | $1,772,000 | |
| Previous Owner | Rathman Ryan R | $700,000 | |
| Previous Owner | Rathman Ryan R | $100,000 | |
| Previous Owner | Rathman Ryan R | $661,000 | |
| Previous Owner | Rathman Ryan R | $665,000 | |
| Previous Owner | Rathman Ryan R | $675,000 | |
| Previous Owner | Rathman Ryan R | $678,000 | |
| Previous Owner | Rathman Ryan R | $690,000 | |
| Previous Owner | Brotherson Kurt J | $287,700 | |
| Previous Owner | Brotherson Kurt J | $100,000 | |
| Previous Owner | Brotherson Kurt J | $275,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2023 04/14/23 | Sold | $2,257,000 | +2.8% | $765 / Sq Ft |
| 04/14/2023 04/14/23 | Pending | -- | -- | -- |
| 04/14/2023 04/14/23 | For Sale | $2,195,000 | +46.3% | $744 / Sq Ft |
| 07/20/2017 07/20/17 | Sold | $1,500,000 | -4.2% | $508 / Sq Ft |
| 07/06/2017 07/06/17 | Pending | -- | -- | -- |
| 06/15/2017 06/15/17 | Price Changed | $1,565,000 | -1.9% | $530 / Sq Ft |
| 05/07/2017 05/07/17 | For Sale | $1,595,000 | -- | $540 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $27,598 | $2,320,092 | $1,456,560 | $863,532 |
| 2024 | $27,598 | $2,274,600 | $1,428,000 | $846,600 |
| 2023 | $19,920 | $1,634,998 | $1,203,009 | $431,989 |
| 2022 | $18,985 | $1,602,940 | $1,179,421 | $423,519 |
| 2021 | $18,749 | $1,571,511 | $1,156,296 | $415,215 |
| 2019 | $18,182 | $1,524,900 | $1,122,000 | $402,900 |
| 2018 | $18,126 | $1,495,000 | $1,100,000 | $395,000 |
| 2016 | $12,154 | $1,003,171 | $702,221 | $300,950 |
| 2015 | $11,976 | $988,103 | $691,673 | $296,430 |
| 2014 | $12,018 | $968,749 | $678,125 | $290,624 |
Source: Public Records
Agents Affiliated with this Home
-
Zack Grakal
-
Benjamin Bellet
Seller Co-Listing Agent in 2023
Benjamin Bellet
Keller Williams Beverly Hills
(310) 432-6400
1 in this area
84 Total Sales
-
Casey Napolitano
Buyer's Agent in 2023
Casey Napolitano
NDA Inc
(818) 404-5090
2 in this area
52 Total Sales
-
C
Buyer's Agent in 2023
Casey Winchell
Kennedy Wilson Real Estate Sales & Marketing
-
Steven Vernet
Buyer Co-Listing Agent in 2023
Steven Vernet
NDA Inc
(323) 304-9903
1 in this area
10 Total Sales
-
Carol Stewart
Seller's Agent in 2017
Carol Stewart
Sotheby's International Realty
(323) 255-3800
2 in this area
9 Total Sales
Map
Source: The MLS
MLS Number: 23-260352
APN: 5424-008-024
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