NOT LISTED FOR SALE

2246 Tracy Terrace Los Angeles, CA 90027

Los Feliz Neighborhood

Estimated Value: $1,580,000 - $1,846,000

2 Beds
2 Baths
1,379 Sq Ft
$1,249/Sq Ft Est. Value

Last Sold October 03, 2017

Last sale price $1,245,000 $903 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $10,785/month

9 Days on Market

Highlights

  • Panoramic View
  • Open Floorplan
  • Wood Flooring
  • Franklin Avenue Elementary Rated A-
  • Midcentury Modern Architecture
  • Great Room

About This Home

As of October 2017

SILVERLAKE MID-CENTURY MODERN IN FRANKLIN HILLS :: Celebrating the aesthetics of the 1950's, this split-level 2 BR/2 BA offers an open-concept interior, post and beam construction, beautiful windows, vintage touches & smart updates. Set on a private cul de sac lot with an amazing, unobstructed view over Hyperion Ave, the property promotes simplicity and integration into the surrounding, natural elements. The 1st level offers an impressive entry, combo living-dining-kitchen layout; a grand balcony; a large, sunny bedroom and a bathroom. Descend the retro-inspired, spiral staircase to the 2nd level, which offers a 2nd living area/den with walls of windows and exposed brick fireplace; a 2nd bedroom and step-in, glass showered bath; and full size laundry area. Home boasts a 2 car garage, close proximity to in-demand Franklin Ave Elementary; quick access to Trader Joes, area retail, dining, etc; and, an LAC1 lot that extends to Hyperion frontage for potential commercial use!

Last Agent to Sell the Property

Roddy de la Garza

eXp Realty of Greater Los Angeles License #01995374 Listed on: 08/24/2017

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Kathleen Finnegan

License #01193021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,992

Year Built

  • Built in 1953

Lot Details

  • 5,100 Sq Ft Lot
  • Cul-De-Sac
  • West Facing Home
  • Wood Fence
  • Irregular Lot
  • Hillside Location
  • Property is zoned LAC1

Parking

  • 2 Car Garage

Property Views

  • Panoramic
  • City Lights
  • Hills

Home Design

  • Midcentury Modern Architecture
  • Split Level Home

Interior Spaces

  • 1,379 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Decorative Fireplace
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Dining Area
  • Utility Room
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Open Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5433-017-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,992

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: Multi/Split, Two
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Exclusions: pendant lamp at entry; pendant lamp in living room;
  • Living Area: 1379
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1953
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Open Floor Plan
  • Fireplace Rooms: Decorative, Family Room
  • Flooring: Hardwood, Tile
  • Appliances: Free Standing Gas
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: None
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub, Shower Stall, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Garbage Disposal, Gas Or Electric Dryer Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 869.33

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Fence: Wood
  • Patio: Porch - Front
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Hills, Panoramic, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5433-017-005
  • Geocode Override: No
  • Lot Description: Lot Shape-Irregular
  • Lot Location: Cul-De-Sac, Hillside
  • Lot Size Area: 5100

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2017
Closed on
Sep 27, 2017
Sold by
Cheng Jerome
Bought by
Landesman Mark and The 2246 Tracy Terrace Trust
Seller's Agent
Roddy de la Garza
eXp Realty of Greater Los Angeles
Buyer's Agent
Kathleen Finnegan
List Price
$1,198,800
Sold Price
$1,245,000
Premium/Discount to List
$46,200
3.85%
Current Estimated Value
$1,722,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,759
Avg. Annual Appreciation
4.19%
Original Mortgage
$996,000
Outstanding Balance
$548,054
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$1,174,705

Purchase Details

Closed on
Sep 26, 2005
Sold by
Cheng Jerome
Bought by
Cheng Jerome and Chong Elle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,900
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 2, 2005
Sold by
Martin Van G
Bought by
Cheng Jerome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,900
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 8, 2004
Sold by
Nakada Eileen Miye
Bought by
Martin Van G and Nakada Eileen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
5.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2003
Sold by
Nakada Eileen
Bought by
Nakada Eileen Miye

Purchase Details

Closed on
Sep 26, 1999
Sold by
The Tracy Terrace Trust
Bought by
Nakada Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
7.62%

Purchase Details

Closed on
Mar 26, 1999
Sold by
Basley Bernard F
Bought by
The Tracy Terrance Trust and Financial One
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
Landesman Mark $1,245,000 First American Title Ins
Cheng Jerome -- First American Title Co
Cheng Jerome -- First American Title Co
Cheng Jerome $769,000 First American Title Co
Martin Van G -- First American Title Co Los
Nakada Eileen Miye -- --
Nakada Eileen -- Gateway Title Company
The Tracy Terrance Trust $213,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landesman Mark $996,000
Previous Owner Cheng Jerome $680,000
Previous Owner Cheng Jerome $650,000
Previous Owner Cheng Jerome $607,000
Previous Owner Cheng Jerome $76,900
Previous Owner Cheng Jerome $615,200
Previous Owner Martin Van G $412,500
Previous Owner Nakada Eileen $50,000
Previous Owner Nakada Eileen $251,000
Previous Owner Nakada Eileen $35,000
Previous Owner Nakada Eileen $221,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2017 10/03/17 Sold $1,245,000 +3.9% $903 / Sq Ft
09/02/2017 09/02/17 Pending -- -- --
08/24/2017 08/24/17 For Sale $1,198,800 -- $869 / 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 $16,992 $1,416,592 $1,133,276 $283,316
2024 $16,992 $1,388,816 $1,111,055 $277,761
2023 $16,662 $1,361,585 $1,089,270 $272,315
2022 $15,883 $1,334,888 $1,067,912 $266,976
2021 $15,695 $1,308,715 $1,046,973 $261,742
2020 $15,857 $1,295,297 $1,036,238 $259,059
2019 $15,224 $1,269,900 $1,015,920 $253,980
2018 $15,169 $1,245,000 $996,000 $249,000
2016 $10,750 $887,731 $714,576 $173,155
2015 $10,254 $846,000 $728,000 $118,000
2014 $10,489 $846,000 $728,000 $118,000
Source: Public Records

Agents Affiliated with this Home

  • Roddy de la Garza

    Seller's Agent in 2017

    Roddy de la Garza

    eXp Realty of Greater Los Angeles

    (323) 696-5375

    139 Total Sales

    Roddy de la Garza
    Section Image

  • K

    Buyer's Agent in 2017

    Kathleen Finnegan

See All Agents

Map

Source: The MLS

MLS Number: 17-264272

The MLS

APN: 5433-017-005

California Los Angeles County Los Angeles 90027 Los Feliz

2246 Tracy Terrace, Los Angeles, CA

This home is located at 2246 Tracy Terrace, Los Angeles, CA 90027 since 24 August 2017 and is currently estimated at $1,722,759, approximately $1,249 per square foot. This property was built in 1953. 2246 Tracy Terrace is a home located in Los Angeles County with nearby schools including Franklin Avenue Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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