NOT LISTED FOR SALE

Estimated Value: $1,591,000 - $1,955,000

2 Beds
2.5 Baths
1,593 Sq Ft
$1,135/Sq Ft Est. Value

Last Sold October 04, 2018

Last sale price $1,268,000 $796 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $10,869/month

15 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Lawn
  • John Marshall Senior High Rated A
  • Modern Architecture
  • No HOA

About This Home

As of October 2018

Bright & airy modern home located in the hills of Silverlake, the heart of LA's cultural + artistic scene. Updated in 2013 w/ modern amenities + the perfect balance of tranquility + California living, this dwelling is unlike the rest. Sited on a large R2 lot encompassed by soaring cedar + jacaranda + palm trees - you may feel like you are not in the heart of the city anymore. Enter thru a secured gate onto your 7+ car driveway and you will be welcomed by an expansive + lush grassy yard w/ exotic fruit trees + your very own idyllic succulent garden made of Aloe + Agaves + Cactus + Bougainvillea. The main residence boasts open spaces, 14ft ceilings, wood accents + double entry sliders. Gather w/ loved ones around your chefs kitchen + enjoy spectacular sunsets while dining al' fresco from your 300+ sq ft deck. 2 en-suite beds w/ WIC + converted garage perfect for your creative space.Your entertaining options are endless as this home embodies the epitome of indoor/outdoor living.

Last Agent to Sell the Property

Gia Casty

Compass License #01520830 Listed on: 09/05/2018

Compass

Last Buyer's Agent

Julian Porcino

Radius Agent Realty License #02055605

Radius Agent Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,840

Year Built

  • Built in 1924

Lot Details

  • 7,999 Sq Ft Lot
  • West Facing Home
  • Fenced Yard
  • Stucco Fence
  • Lawn
  • Front Yard
  • Property is zoned LAR2

Home Design

  • Modern Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Asphalt Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,593 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Double Pane Windows
  • Living Room
  • Dining Area
  • Wood Flooring

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Low Flow Toliet
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire Sprinkler System

Parking

  • 7 Parking Spaces
  • Carport
  • Converted Garage
  • Driveway
  • Automatic Gate

Outdoor Features

  • Deck
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5423-012-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,840

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1593
  • Stories: 1
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Appliances: Cooktop - Gas
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: None
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Toilet(s), Shower Over Tub, Shower Stall
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 789.70
  • Windows: Double Pane Windows, Skylights

Exterior Features

  • Direction Faces: West
  • Construction: Stucco, Wood Siding
  • Other Structures: Accessory Bldgs
  • Tennis Court Y/N: No
  • Foundation Details: Pillar/Post/Pier
  • Fence: Stucco Wall
  • Patio: Deck(s), Patio Open
  • Pool: No
  • Roof: Asphalt, Composition
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Carport, Driveway
  • Total Parking: 7

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Fire and Smoke Detection System

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5423-012-019
  • Geocode Override: No
  • Lot Description: Fenced Yard, Front Yard, Lawn
  • Lot Size Area: 7999

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Oct 2, 2018
Sold by
Raimondo Luke B
Bought by
Kahangi Omid
Seller's Agent
Gia Casty
Compass
Buyer's Agent
Julian Porcino
Radius Agent Realty
List Price
$1,258,000
Sold Price
$1,268,000
Premium/Discount to List
$10,000
0.79%
Current Estimated Value
$1,808,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,557
Avg. Annual Appreciation
5.15%

Purchase Details

Closed on
Nov 14, 2014
Sold by
Raimondo Luke
Bought by
Raimondo Family Living Trust

Purchase Details

Listed on
Nov 11, 2013
Closed on
Jan 30, 2014
Sold by
Ameritec Investments Inc
Bought by
Raimondo Luke and Raimondo Astrid
Seller's Agent
Douglas Lee
COMPASS
Buyer's Agent
Maggie Kennedy
Compass
List Price
$759,000
Sold Price
$799,000
Premium/Discount to List
$40,000
5.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$639,200
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 29, 2012
Closed on
Feb 6, 2013
Sold by
Melchor Cathleen Anne
Bought by
Ameritec Investments Inc and Sicuro Inc
Seller's Agent
Louise Leach
Compass
Buyer's Agent
Randall Alford
The Alford Realty Group
List Price
$475,000
Sold Price
$411,000
Premium/Discount to List
-$64,000
-13.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.71%
Original Mortgage
$282,000
Interest Rate
3.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2011
Sold by
Melchor Pedro M
Bought by
Melchor Cathleen Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2011
Sold by
Gallagher Edward M and The Nancy B Ayala Trust
Bought by
Melchor Cathleen Anne

Purchase Details

Closed on
Mar 2, 2002
Sold by
Ayala Nancy B and Ayala Nancy
Bought by
Ayala Nancy B and The Nancy B Ayala Living Trust
Source: Public Records

Range of Values:

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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
Kahangi Omid $1,268,000 Fidelity Sherman Oaks
Raimondo Family Living Trust -- None Available
Raimondo Luke $799,000 Fatcola
Ameritec Investments Inc $411,004 Lawyers Title
Melchor Cathleen Anne -- Pacific Coast Title Company
Melchor Cathleen Anne -- None Available
Ayala Nancy B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raimondo Luke $639,200
Previous Owner Ameritec Investments Inc $282,000
Previous Owner Melchor Cathleen Anne $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2018 10/04/18 Sold $1,268,000 +0.8% $796 / Sq Ft
09/05/2018 09/05/18 For Sale $1,258,000 +57.4% $790 / Sq Ft
02/26/2014 02/26/14 Sold $799,000 0.0% $642 / Sq Ft View Prior Sale
01/27/2014 01/27/14 Pending -- -- --
12/02/2013 12/02/13 Price Changed $799,000 +5.3% $642 / Sq Ft
11/11/2013 11/11/13 For Sale $759,000 +84.7% $610 / Sq Ft
02/28/2013 02/28/13 Sold $411,000 -13.5% $552 / Sq Ft View Prior Sale
11/29/2012 11/29/12 For Sale $475,000 -- $638 / Sq Ft
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 $16,840 $1,414,473 $1,131,580 $282,893
2024 $16,840 $1,386,740 $1,109,393 $277,347
2023 $16,510 $1,359,550 $1,087,641 $271,909
2022 $15,736 $1,332,893 $1,066,315 $266,578
2021 $15,547 $1,306,758 $1,045,407 $261,351
2019 $15,077 $1,268,000 $1,014,400 $253,600
2018 $10,559 $874,853 $688,654 $186,199
2017 $10,324 $857,700 $675,151 $182,549
2016 $10,094 $840,883 $661,913 $178,970
2015 $9,944 $828,253 $651,971 $176,282
2014 $5,173 $412,865 $330,292 $82,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-381070

The MLS

APN: 5423-012-019