NOT LISTED FOR SALE

2218 Silver Ridge Ave Los Angeles, CA 90039

Estimated Value: $1,459,000 - $1,549,000

3 Beds
2 Baths
1,276 Sq Ft
$1,187/Sq Ft Est. Value

Last Sold July 16, 2014

Last sale price $591,500 $464 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $9,301/month

35 Days on Market

About This Home

As of July 2014

Location, location, location!!! The subject property is a legal duplex zoned LAR2 in an amazing neighborhood with easy access to Glendale, Downtown Los Angeles, Silver Lake and more. Terrific opportunity to design you own home - on a nice lot with lots of room to garden and entertain. Bring your contractors, builders and investors - opportunity, opportunity, opportunity! Seller will even consider offers with rehab financing.

Last Agent to Sell the Property

Cristina Warfield

Compass License #01823970 Listed on: 05/14/2014

Compass

Last Buyer's Agent

Carmen Castillo

License #01455326

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,581

Year Built

  • Built in 1953

Lot Details

  • 5,892 Sq Ft Lot

Home Design

  • 1,276 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Attached Carport

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5440-019-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,581

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1276
  • Year Built: 1953
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 466.30

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport, Carport Attached
  • Total Parking: 2

Lot Info

  • Assessed Improvement Value: 13631
  • Assessed Land Value: 136394
  • Assessor Parcel Number: 5440-019-003
  • Geocode Override: No
  • Lot Size Area: 5892

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2015
Sold by
Las Cruces Enterprises Inc
Bought by
Duong Hai Lang
Current Estimated Value
$1,514,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2014
Closed on
Jun 4, 2014
Sold by
Aa Ca Property Portfolio 1 Llc
Bought by
Las Cruces Enterprises Inc
Seller's Agent
Cristina Warfield
Compass
Buyer's Agent
Carmen Castillo
List Price
$589,000
Sold Price
$591,500
Premium/Discount to List
$2,500
0.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$473,200
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2014
Sold by
Cole Sara Luz
Bought by
Aa Ca Property Portfolio 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,200
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 1995
Sold by
Blake Llewellyn K
Bought by
Pena Sara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
7.88%

Purchase Details

Closed on
Apr 21, 1995
Sold by
Blake Llewellyn K
Bought by
Blake Llewellyn K and The L K Blake Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
7.88%
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
Duong Hai Lang $880,000 Old Republic Title Company
Las Cruces Enterprises Inc $591,500 Provident Title Company
Aa Ca Property Portfolio 1 Llc -- None Available
Pena Sara L $110,000 Stewart Title
Blake Llewellyn K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duong Hai Lang $580,000
Closed Duong Hai Lang $581,000
Closed Duong Hai Lang $625,500
Previous Owner Las Cruces Enterprises Inc $473,200
Previous Owner Cole Michael Redwind $350,000
Previous Owner Cole Michael Redwind $50,000
Previous Owner Cole Michael Redwind $263,000
Previous Owner Cole Michael Redwind $204,000
Previous Owner Cole Michael Redwind $161,000
Previous Owner Pena Sara L $30,000
Previous Owner Pena Sara L $104,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2014 07/16/14 Sold $591,500 +0.4% $464 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $589,000 -- $462 / 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 $12,581 $1,057,619 $600,920 $456,699
2024 $12,581 $1,036,883 $589,138 $447,745
2023 $12,334 $1,016,553 $577,587 $438,966
2022 $11,754 $996,621 $566,262 $430,359
2021 $11,611 $977,080 $555,159 $421,921
2019 $11,259 $948,101 $538,694 $409,407
2018 $11,190 $929,512 $528,132 $401,380
2016 $10,698 $893,420 $507,625 $385,795
2015 $7,184 $591,500 $355,000 $236,500
2014 $1,995 $150,705 $137,013 $13,692
Source: Public Records

Agents Affiliated with this Home

  • Cristina Warfield

    Seller's Agent in 2014

    Cristina Warfield

    Compass

    (310) 429-5997

    35 Total Sales

    Cristina Warfield
    Section Image

  • C

    Buyer's Agent in 2014

    Carmen Castillo

See All Agents

Map

Source: The MLS

MLS Number: 14-757617

The MLS

APN: 5440-019-003

California Los Angeles County Los Angeles 90039

2218 Silver Ridge Ave, Los Angeles, CA

This home is located at 2218 Silver Ridge Ave, Los Angeles, CA 90039 since 14 May 2014 and is currently estimated at $1,514,780, approximately $1,187 per square foot. This property was built in 1953. 2218 Silver Ridge Ave is a home located in Los Angeles County with nearby schools including Allesandro Elementary, Irving STEAM Magnet School, and John Marshall Senior High.

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