NOT LISTED FOR SALE

1838 Westerly Terrace Los Angeles, CA 90026

Estimated Value: $1,615,000 - $2,292,000

3 Beds
2 Baths
1,307 Sq Ft
$1,442/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $950,000 $727 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $11,815/month

7 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Home Office
  • John Marshall Senior High Rated A
  • Wood Flooring
  • 2-minute walk to Silver Lake Dog Park

About This Home

As of June 2012

Hillside retreat nestled in the hills of Silver Lake with views. This magical, garden oasis boasts 3 bedrooms and 1.75 baths. The mature landscaping creates the quintessential outdoor space ideal for dining al fresco or just relaxing or entertaining friends. A salt water pool and spa completes the setting. Features include wood floors, gas fireplace, french doors, carrera marble counter tops, gated front courtyard entrance, newer kitchen and baths. The main level of the house contain 2 bedrooms and 1 bath, the lower levell contains one bedroom, a .75 bath, office and storage room in approximately 391 sqft....see notes regarding sqft in private remarks. Referred to as "The Lucky House" by former owners it is said that good things happen to those who live here.

Last Agent to Sell the Property

Kirk Gerou

Berkshire Hathaway HomeServices California Properties License #01336597 Listed on: 05/25/2012

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,183

Year Built

  • Built in 1938

Lot Details

  • 4,803 Sq Ft Lot
  • Gated Home
  • Property is zoned LARD3

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,307 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Dining Area
  • Home Office
  • Alarm System
  • Breakfast Area or Nook
  • Laundry in Garage
  • Property Views

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • Direct Access Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Open Patio

Utilities

  • Floor Furnace
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5431-037-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,183

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1307
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1938
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Wood Burning
  • Flooring: Cement, Hardwood
  • Bedrooms: 3
  • Fireplaces: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 1.75
  • Den: 0
  • Equipment: Alarm System
  • Fireplace: Yes
  • Price Per S Q F T: 626.63

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • Roof: Composition
  • Spa: Private
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Attached, Direct Entrance, Door Opener, Garage

Utilities

  • Heating: Floor Furnace
  • Security: Gated
  • Sewer: In Street

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5431-037-010
  • Lot Size Area: 4803

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2019
Sold by
Hoffman Hannah Victoria
Bought by
Switchgrass Llc
Current Estimated Value
$1,885,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,340,000
Outstanding Balance
$1,165,086
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$720,177

Purchase Details

Closed on
Dec 28, 2012
Sold by
Decarlo Pierluca and Cavenaghi Sabrina M
Bought by
Hoffman Hannah Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$836,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2012
Closed on
Jun 5, 2012
Sold by
Derulter Jessica
Bought by
Lind Jed A
Seller's Agent
Kirk Gerou
Berkshire Hathaway HomeServices California Properties
List Price
$819,000
Sold Price
$950,000
Premium/Discount to List
$131,000
16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%

Purchase Details

Listed on
May 25, 2012
Closed on
Jun 4, 2012
Sold by
Lind Jed A
Bought by
Decarlo Pierluca and Cavenaghi Sabrina M
Seller's Agent
Kirk Gerou
Berkshire Hathaway HomeServices California Properties
List Price
$819,000
Sold Price
$950,000
Premium/Discount to List
$131,000
16%

Purchase Details

Closed on
May 10, 2006
Sold by
Fiske Steven E
Bought by
Lind Jed A

Purchase Details

Closed on
Feb 21, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fiske Steven E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,743
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 1995
Sold by
Ocarroll Penelope A and American Svfs Bank Fa
Bought by
American Svgs Bank Fa

Purchase Details

Closed on
Jan 31, 1995
Sold by
Ocarroll Penelope A
Bought by
Donaldson Ellen B and The Penelope Ann Ocarroll Living Trust
Source: Public Records

Range of Values:

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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
Switchgrass Llc $1,675,000 Fidelity National Title Co
Hoffman Hannah Victoria $1,045,000 Ticor Title Co
Lind Jed A -- California Title Company
Decarlo Pierluca $950,000 California Title Company
Lind Jed A $820,000 California Title Company
Fiske Steven E $163,000 Old Republic Title Company
Federal Home Loan Mortgage Corporation -- Old Republic Title Company
American Svgs Bank Fa $145,000 Stewart Title
Donaldson Ellen B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Switchgrass Llc $1,340,000
Previous Owner Hoffman Hannah Victoria $836,000
Previous Owner Fiske Steven E $158,743
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2012 06/15/12 Sold $950,000 +16.0% $727 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
05/25/2012 05/25/12 For Sale $819,000 -- $627 / 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 $22,183 $1,868,489 $1,338,620 $529,869
2024 $22,183 $1,831,853 $1,312,373 $519,480
2023 $21,747 $1,795,936 $1,286,641 $509,295
2022 $20,723 $1,760,722 $1,261,413 $499,309
2021 $20,481 $1,726,199 $1,236,680 $489,519
2019 $13,656 $1,153,577 $861,045 $292,532
2018 $13,612 $1,130,959 $844,162 $286,797
2016 $13,024 $1,087,044 $811,383 $275,661
2015 $12,831 $1,070,717 $799,196 $271,521
2014 $12,954 $1,049,744 $783,541 $266,203
Source: Public Records

Agents Affiliated with this Home

  • Kirk Gerou

    Seller's Agent in 2012

    Kirk Gerou

    Berkshire Hathaway HomeServices California Properties

    (323) 819-7954

    1 in this area

    22 Total Sales

    Kirk Gerou
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Map

Source: The MLS

MLS Number: 12-602607

The MLS

APN: 5431-037-010

California Los Angeles County Los Angeles 90026

1838 Westerly Terrace, Los Angeles, CA

This home is located at 1838 Westerly Terrace, Los Angeles, CA 90026 since 25 May 2012 and is currently estimated at $1,885,263, approximately $1,442 per square foot. This property was built in 1938. 1838 Westerly Terrace is a home located in Los Angeles County with nearby schools including Micheltorena Street Elementary School, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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