NOT LISTED FOR SALE

Estimated Value: $798,000 - $1,034,000

2 Beds
2 Baths
1,075 Sq Ft
$444/mo HOA Fee

Last Sold November 27, 2018

Last sale price $590,000 $549 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,761/month

50 Days on Market

Highlights

  • 24-Hour Security
  • In Ground Pool
  • 121,348 Sq Ft lot
  • Ivanhoe Elementary Rated A-
  • Gated Parking
  • Clubhouse

About This Home

As of November 2018

Cedar Lodge is a trendy Silver Lake resort style complex loaded with amenities. This complex has a serene pool and spa and is surrounded by lush landscaping with a private park and trails, picnic tables and BBQ's. The complex has central courtyards, a recreation room, a bike storage room, and 15 guest parking spots. This 2 bed/2 bath unit faces the tranquil hillside greenery and has a spacious connecting balcony from the living room to the master bedroom. The master bedroom has an en suite bath with dual basin sinks and a remodeled lush shower. Laundry is conveniently located in the unit. Pets are allowed. In the Ivanhoe School District but check for entry. Situated close to Sunset Junction, Hyperion shops and restaurants, Gelsons, Trader Joes, 365 by Whole Foods, and Silver Lake's finest spots. Offered at a great price! Opportunity knocks!

Last Agent to Sell the Property

Thomas Conjalka

Sotheby's International Realty License #01079381 Listed on: 09/13/2018

Sotheby's International Realty

Last Buyer's Agent

Nikki Bascon

Keller Williams Beverly Hills License #01464687

Keller Williams Beverly Hills

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,810

Year Built

  • Built in 1982

Lot Details

  • 2.79

HOA Fees

  • $444 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,075 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Park or Greenbelt Views
  • Laundry closet

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Car Garage
  • Gated Parking
  • Guest Parking
  • Parking Garage Space

Pool

  • In Ground Pool
  • Spa

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5431-005-050

Community Details

Overview

  • 77 Units
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Recreation Room
  • Elevator

Recreation

  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,810

Year Built

Built in 1982

Lot Details

0

HOA Fees

$444 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Advertising Remarks: Cedar Lodge is a trendy Silver Lake resort style complex loaded with amenities. This complex has a serene pool and spa and is surrounded by lush landscaping with a private park and trails, picnic tables and BBQ's. The complex has central courtyards, a recreation room, a bike storage room, and 15 guest parking spots. This 2 bed/2 bath unit faces the tranquil hillside greenery and has a spacious connecting balcony from the living room to the master bedroom. The master bedroom has an en suite bath with dual basin sinks and a remodeled lush shower. Laundry is conveniently located in the unit. Pets are allowed. In the Ivanhoe School District but check for entry. Situated close to Sunset Junction, Hyperion shops and restaurants, Gelsons, Trader Joes, 365 by Whole Foods, and Silver Lake's finest spots. Offered at a great price! Opportunity knocks!
  • Complex Name: Cedar Lodge
  • Entry Floor: 2
  • Living Area: 1075
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 2
  • Year Built: 1982
  • Number Of Photos: 42
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Laminate, Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan
  • Fireplace: Yes
  • Price Per S Q F T: 492.09

Exterior Features

  • Balcony: Yes
  • Tennis Court Y/N: No
  • Pool Description: Association Pool
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Covered Parking, Garage - 2 Car, Gated, Parking for Guests
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: 24 Hour, Community

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Clubhouse, Controlled Access, Elevator, Gated Parking, Greenbelt/Park, Guest Parking, Outdoor Cooking Area, Picnic Area, Pool, Rec Multipurpose Rm, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 444.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5431-005-050
  • Geocode Override: No
  • Lot Size Area: 121348

Multi Family

  • Number Of Units: 77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Nov 7, 2018
Sold by
Real Carole Rose and The Carole Rose Real Living Tr
Bought by
Patel Neha Shirish
Seller's Agent
Thomas Conjalka
Sotheby's International Realty
Buyer's Agent
Nikki Bascon
Keller Williams Beverly Hills
List Price
$529,000
Sold Price
$590,000
Premium/Discount to List
$61,000
11.53%
Current Estimated Value
$880,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,168
Avg. Annual Appreciation
5.98%
Original Mortgage
$472,000
Outstanding Balance
$298,982
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$581,186

Purchase Details

Closed on
Jul 19, 2017
Sold by
Real Carole R
Bought by
Real Carole Rose and The Carole Rose Real Living Trust

Purchase Details

Closed on
Sep 10, 2002
Sold by
Stewart Bruce D and Joung Haeung
Bought by
Real Carole R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,625
Interest Rate
6.09%

Purchase Details

Closed on
May 2, 1996
Sold by
Casson Edward B
Bought by
Stewart Bruce D and Joung Haeung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
7.82%

Purchase Details

Closed on
Nov 12, 1993
Sold by
Great Western Bank
Bought by
Casson Edward B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
4.5%
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
Patel Neha Shirish $590,000 Lawyers Title Company
Real Carole Rose -- None Available
Real Carole R $237,500 Commonwealth Land Title Co
Stewart Bruce D $121,500 Gateway Title Company
Casson Edward B $82,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Neha Shirish $472,000
Previous Owner Real Carole R $225,625
Previous Owner Stewart Bruce D $97,200
Previous Owner Casson Edward B $61,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2018 11/27/18 Sold $590,000 +11.5% $549 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $529,000 -- $492 / 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 $7,810 $658,151 $446,205 $211,946
2024 $7,810 $645,247 $437,456 $207,791
2023 $7,656 $632,596 $428,879 $203,717
2022 $7,294 $620,193 $420,470 $199,723
2021 $7,202 $608,033 $412,226 $195,807
2019 $7,065 $590,000 $400,000 $190,000
2018 $3,656 $302,296 $133,391 $168,905
2016 $3,484 $290,560 $128,212 $162,348
2015 $3,433 $286,197 $126,287 $159,910
2014 $3,448 $280,592 $123,814 $156,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-378276

The MLS

APN: 5431-005-050