NOT LISTED FOR SALE

Estimated Value: $772,000 - $893,000

2 Beds
2 Baths
1,172 Sq Ft
$690/mo HOA Fee

Last Sold March 18, 2024

Last sale price $790,000 $674 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,434/month

68 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • View of Hills
  • Ivanhoe Elementary Rated A-
  • 2.78 Acre Lot
  • Clubhouse

About This Home

As of March 2024

Located in the coveted Cedar Lodge community in Franklin Hills/Silverlake is this highly desired front facing unit with serene views of the hills and surrounding tree lined neighborhood. Nestled amidst lush landscapes and offering a heated pool, soothing in-ground spa, private park, recreation room, and BBQ/picnic areas throughout, this haven offers true resrort-style living. The open floor plan 2 bed and 2 bath home features flooring covered in rich hardwood and loads of natural light spilling in through large windows and sliding doors. The expansive living room with wood-burning fireplace offers a comfortable space to relax and unwind while the spacious balcony is the perfect place to enjoy a morning cup of coffee while soaking in peaceful views of nature all around. There is a separate dining space along with a galley kitchen with tons of storage and space to create your favorite dishes. A guest bedroom is serviced by a hallway bathroom while the spacious primary suite offers walk-in closet and an en-suite bathroom with dual vanities. In unit laundry and two assigned parking spaces in the secure underground structure are just some of the added benefits of living here. Charmingly situated in prime Silver Lake near popular shopping, hip restaurants, weekly farmer's market, Trader Joe's, destination trails, Silver Lake reservoir, popular parks, and within Ivanhoe Elementary school boundary. Convenience and comfort await you in this wonderful home, so come for a tour while you still can!

Last Agent to Sell the Property

Brandon Haft Agent

Rodeo Realty Brokerage Phone: 8186127690 License #01485980 Listed on: 12/07/2023

Rodeo Realty

Last Buyer's Agent

Peter Santos

Redfin Corporation License #02078044

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,642

Year Built

  • Built in 1982

Lot Details

  • Two or More Common Walls

HOA Fees

  • $690 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • Hills
  • Neighborhood

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,172 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room with Fireplace
  • Living Room Balcony
  • Dining Room
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Tile Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Patio
  • Terrace

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 35841
  • Assessor Parcel Number 5431005044

Community Details

Overview

  • Master Insurance
  • 77 Units
  • Cedar Lodge Oa Association, Phone Number (818) 240-6515
  • HOA Management Professionals HOA
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,642

Year Built

Built in 1982

Lot Details

0

HOA Fees

$690 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Card/Code Access
  • View: Yes
  • Zoning: LARD2
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5431005044
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1172.00 Square Feet
  • Interior Amenities: Living Room Balcony, Tile Counters
  • Stories: 1
  • Entry Location: 2nd floor
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 674.06
  • Room Type: Entry, Galley Kitchen, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Spa Features: Association, Community, Gunite, In Ground
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Hills, Neighborhood
  • Patio And Porch Features: Terrace
  • Pool Features: Association, Community, Gunite, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Clubhouse, Cable TV, Earthquake Insurance, Insurance, Maintenance Grounds, Trash, Water, Pet Rules, Pets Permitted, Management, Controlled Access
  • Association Fee: 690.00
  • Association Fee Frequency: Monthly
  • Association Name: Cedar Lodge OA
  • Phone: 818-240-6515
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: HOA Management Professionals

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 121309.00
  • Lot Size Acres: 2.7849

Multi Family

  • Lease Considered: No
  • Lot Size Area: 121309.0000 Square Feet
  • Number Of Units In Community: 77
  • Number Of Units Total: 77

Tax Info

  • Tax Census Tract: 1951.00
  • Tax Lot: 1
  • Tax Tract Number: 35841

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Feb 14, 2024
Sold by
David Lopez Living Trust
Bought by
Jeong Haewon
Seller's Agent
Brandon Haft Agent
Rodeo Realty
Buyer's Agent
Peter Santos
Redfin Corporation
List Price
$799,000
Sold Price
$790,000
Premium/Discount to List
-$9,000
-1.13%
Views
670
Current Estimated Value
$836,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,708
Avg. Annual Appreciation
0.54%
Original Mortgage
$667,250
Outstanding Balance
$656,798
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$139,529

Purchase Details

Closed on
Mar 3, 2023
Sold by
Lopez David
Bought by
David Lopez 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
Jeong Haewon $790,000 Chicago Title Company
David Lopez Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeong Haewon $667,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2024 03/18/24 Sold $790,000 -1.1% $674 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
12/07/2023 12/07/23 For Sale $799,000 -- $682 / 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 $2,642 $805,800 $590,376 $215,424
2024 $2,642 $213,939 $67,849 $146,090
2023 $2,591 $209,745 $66,519 $143,226
2022 $3,266 $274,064 $86,986 $187,078
2021 $3,220 $268,691 $85,281 $183,410
2019 $3,121 $260,723 $82,752 $177,971
2018 $3,103 $255,612 $81,130 $174,482
2016 $2,953 $245,688 $77,981 $167,707
2015 $2,910 $241,998 $76,810 $165,188
2014 $2,924 $237,259 $75,306 $161,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23222743

California Regional Multiple Listing Service (CRMLS)

APN: 5431-005-044