NOT LISTED FOR SALE

2118 Micheltorena St Los Angeles, CA 90039

Estimated Value: $2,642,000 - $2,941,790

2 Beds
2 Baths
2,244 Sq Ft
$1,217/Sq Ft Est. Value

Last Sold March 02, 2012

Last sale price $1,475,000 $657 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $15,965/month

237 Days on Market

Highlights

  • In Ground Pool
  • City Lights View
  • Living Room with Fireplace
  • Ivanhoe Elementary Rated A-
  • 17,467 Sq Ft lot
  • Traditional Architecture

About This Home

As of March 2012

Listed at $165K below recent appraisal. Seller motivated. Will not last at this price! Tasteful, exquisite and immaculate are just a few words to describe this stunning Silver Lake property. This fully gated home sits perched upon a secured double 17,500sf lot with breathtaking and dead-center views of Silver Lake and Downtown Los Angeles. Pride of ownership and attention to detail is clearly exhibited here by the use of Miele and Dacor appliances, custom kitchen cabinets by Neff, Ann Sachs tile, Dornbracht fixtures, and much, much more. An abundance of outdoor living space that accommodates a saltwater pool, a beautiful wooden deck and spa, a large gazebo and fire pit that is surrounded by fruit trees and mature landscaping that complete these grounds which are perfect for relaxing or entertaining your most discriminating guests.

Last Agent to Sell the Property

Robert Cipolloni

Coldwell Banker Realty License #01458843 Listed on: 06/06/2011

Coldwell Banker Realty

Last Buyer's Agent

Timothy Xu

Compass License #01703821

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,483

Year Built

  • Built in 1941

Lot Details

  • 0.4 Acre Lot
  • Property is zoned LAR1

Parking

  • Detached Garage

Property Views

  • City Lights
  • Canyon
  • Reservoir

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,244 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Water Purifier
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5432-022-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,483

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 2244
  • Stories: 1
  • Year Built: 1941
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer, Water Purifier
  • Price Per S Q F T: 661.76

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • View: Canyon, City Lights, Reservoir
  • View: Yes

Garage/Parking

  • Parking Garage: Detached

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5432-022-004
  • Lot Size Area: 17467

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2011
Closed on
Feb 1, 2012
Sold by
Kahan Michael
Bought by
Learch Thomas J
Seller's Agent
Robert Cipolloni
Coldwell Banker Realty
Buyer's Agent
Timothy Xu
Compass
List Price
$1,485,000
Sold Price
$1,475,000
Premium/Discount to List
-$10,000
-0.67%
Current Estimated Value
$2,731,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,256,448
Avg. Annual Appreciation
4.30%
Original Mortgage
$1,000,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 1998
Sold by
Kahan Michael
Bought by
Kahan Michael and Reovocable Living Trust Lf Michael Kahan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.89%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 5, 1998
Sold by
Kahan Michael
Bought by
Kahan Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
7.17%
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
Learch Thomas J $1,475,000 Equity Title Los Angeles
Kahan Michael -- --
Kahan Michael -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Learch Thomas J $693,750
Closed Learch Thomas L $850,000
Closed Learch Thomas J $1,000,000
Previous Owner Kahan Michael $888,000
Previous Owner Kahan Michael $650,000
Previous Owner Kahan Michael $195,000
Previous Owner Kahan Michael $130,000
Previous Owner Kahan Michael $78,000
Previous Owner Kahan Michael $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2012 03/02/12 Sold $1,475,000 -0.7% $657 / Sq Ft
01/23/2012 01/23/12 For Sale $1,485,000 0.0% $662 / Sq Ft
01/17/2012 01/17/12 Pending -- -- --
01/06/2012 01/06/12 Price Changed $1,485,000 -6.9% $662 / Sq Ft
11/30/2011 11/30/11 Price Changed $1,595,000 -3.3% $711 / Sq Ft
10/15/2011 10/15/11 Price Changed $1,650,000 -2.9% $735 / Sq Ft
07/09/2011 07/09/11 Price Changed $1,699,000 -2.9% $757 / Sq Ft
05/25/2011 05/25/11 For Sale $1,749,000 -- $779 / 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 $18,483 $1,538,657 $973,438 $565,219
2024 $18,483 $1,508,488 $954,351 $554,137
2023 $18,124 $1,478,911 $935,639 $543,272
2022 $17,278 $1,449,914 $917,294 $532,620
2021 $17,068 $1,421,485 $899,308 $522,177
2019 $16,555 $1,379,325 $872,635 $506,690
2018 $16,496 $1,352,280 $855,525 $496,755
2016 $15,776 $1,299,770 $822,304 $477,466
2015 $15,545 $1,280,248 $809,953 $470,295
2014 $15,594 $1,255,171 $794,088 $461,083
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-531631

The MLS

APN: 5432-022-004