NOT LISTED FOR SALE

1631 Westerly Terrace Los Angeles, CA 90026

Estimated Value: $1,199,000 - $1,926,000

2 Beds
1 Bath
984 Sq Ft
$1,608/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $782,000 $795 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $9,528/month

9 Days on Market

Highlights

  • Property is near a park
  • Wood Flooring
  • Up Slope from Street
  • John Marshall Senior High Rated A
  • No HOA
  • 5-minute walk to Silver Lake Dog Park

About This Home

As of August 2017

Take advantage of the great priced home in the highly desired Silver Lake area. Looking to take advantage of the lot and have a 2nd home on the property, that may be an option too, property is zoned LAR2! Bring your creative skills paint and hammer and make this home into a gem that can potentially be worth over a million dollars as some of its neighboring properties. Property is located a short walk from the all famous Silver Lake Dog Park and Silver Lake Reservoir, needless to mention its close proximity to just about every popular entertainment city in Los Angeles county: Downtown LA, Pasadena, Hollywood, Dodger Stadium, LA Live, Staple Center, and most of all, the all new hipster and fun area of Silver Lake. Restaurants, Lounges, Shopping, Schools, you name it, and it should be minutes away from this wonderfully located property! Don't miss out on this great opportunity as it will go fast! More pictures to come soon
For those of you looking to make this a gem, seller has stated that they have recently updated the following: Roof in 2011, Windows 2005, Cooper plumbing in kitchen, and ,most important home Re-bolted. Crown molding and original wood flooring is also a plus.
Call for an appointment.

Last Agent to Sell the Property

Jerry Rodriguez

Carrington Real Estate License #01757835 Listed on: 06/07/2017

Last Buyer's Agent

Mary Regal

Compass License #01963054

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,654

Year Built

  • Built in 1924

Lot Details

  • 5,001 Sq Ft Lot
  • Back Yard
  • Property is zoned LAR2

Home Design

  • Shingle Roof

Interior Spaces

  • 984 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • Parking Available
  • Up Slope from Street
  • Driveway

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Property is near a park

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 220 Volts

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 270
  • Tax Tract Number 5980
  • Assessor Parcel Number 5425016013

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,654

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5425016013
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 984.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 794.72
  • Room Type: Formal Entry, Kitchen, Living Room
  • Room Kitchen Features: Laminate Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Park Nearby, Up Slope from Street
  • Lot Size Sq Ft: 5001.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1954.00
  • Tax Lot: 270
  • Tax Tract Number: 5980

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2017
Closed on
Sep 1, 2017
Sold by
Roark Paul R
Bought by
Parmenter Ryan Matthew and Roark Elaine Harris
Seller's Agent
Jerry Rodriguez
Carrington Real Estate
Buyer's Agent
Mary Regal
Compass
List Price
$710,000
Sold Price
$782,000
Premium/Discount to List
$72,000
10.14%
Current Estimated Value
$1,582,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$800,734
Avg. Annual Appreciation
8.89%
Original Mortgage
$625,600
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2017
Closed on
Jul 20, 2017
Sold by
Harris Karen
Bought by
Roark Paul R
Seller's Agent
Jerry Rodriguez
Carrington Real Estate
Buyer's Agent
Mary Regal
Compass
List Price
$710,000
Sold Price
$782,000
Premium/Discount to List
$72,000
10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,600
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2017
Closed on
Jul 12, 2017
Sold by
Arvizu Evangelina
Bought by
Parmenter Ryan Matthew and Roark Elaine Harris
Seller's Agent
Jerry Rodriguez
Carrington Real Estate
Buyer's Agent
Mary Regal
Compass
List Price
$710,000
Sold Price
$782,000
Premium/Discount to List
$72,000
10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,600
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2004
Sold by
Arvizu Evangelina
Bought by
Arvizu Evangelina and Arvizu Family Trust
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
Parmenter Ryan Matthew -- Accommodation
Roark Paul R -- First American Title Company
Parmenter Ryan Matthew $782,000 First American Title Company
Arvizu Evangelina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parmenter Ryan Matthew $822,350
Closed Harris Parmenter Ryan Matthew $860,000
Closed Parmenter Ryan Matthew $625,600
Previous Owner Arvizu Evangelina $180,000
Previous Owner Arvizu Evangelina $80,000
Previous Owner Arvizu Evangelina $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $782,000 +10.1% $795 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
06/07/2017 06/07/17 For Sale $710,000 -- $722 / Sq Ft
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 $11,654 $974,556 $711,824 $262,732
2024 $11,654 $955,448 $697,867 $257,581
2023 $11,427 $936,715 $684,184 $252,531
2022 $10,890 $918,349 $670,769 $247,580
2021 $10,758 $900,343 $657,617 $242,726
2019 $909 $797,640 $638,112 $159,528
2018 $9,485 $782,000 $625,600 $156,400
2016 $727 $51,521 $31,248 $20,273
2015 $718 $50,748 $30,779 $19,969
2014 $730 $49,755 $30,177 $19,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR17128519

California Regional Multiple Listing Service (CRMLS)

APN: 5425-016-013