NOT LISTED FOR SALE

2278 Silver Ridge Ave Los Angeles, CA 90039

Estimated Value: $1,458,000 - $1,776,737

3 Beds
2 Baths
2,098 Sq Ft
$763/Sq Ft Est. Value

Last Sold May 25, 2016

Last sale price $1,079,850 $515 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $9,994/month

14 Days on Market

Highlights

  • Solar Power System
  • View of Hills
  • Wood Flooring
  • John Marshall Senior High Rated A
  • Maid or Guest Quarters
  • Tudor Architecture

About This Home

As of May 2016

Silver Lake show-stopper tucked on a road less traveled, this 1925 Tudor has more than enough space for your family AND your hobbies. Formal front entry opens up to the grand living room w/ coved ceilings, fireplace, proper dining room, and expansive kitchen w/ dual sinks, stainless appliances, and loads of counter/cabinet space. Gleaming hardwood floors lead to two main floor bedrooms and a period appropriate bath w/ vintage hex tile floor, built-in cabinet and pedestal sink. Lower guest unit has separate side entrance and consists of one bedroom, living area, kitchen, bathroom and bonus space. Lower level also houses the laundry area and tons of storage. Light filled bonus space with vaulted ceiling is above an oversized 2-car garage with built in work-bench down the entire west wall, primed and ready for your future DYI projects. Zen-like rear courtyard with built-in fountain and lush landscaping complements the front foliage and hardscape.

Last Agent to Sell the Property

Alyssa Valentine

Compass License #01517618 Listed on: 02/11/2016

Compass

Last Buyer's Agent

Paul Przybyla

Compass License #01919477

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,235

Year Built

  • Built in 1925

Lot Details

  • 4,870 Sq Ft Lot
  • Property is zoned LAR2

Home Design

  • Tudor Architecture

Interior Spaces

  • 2,098 Sq Ft Home
  • Ceiling Fan
  • Decorative Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Views of Hills

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • Maid or Guest Quarters
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Driveway

Additional Features

  • Solar Power System
  • Open Patio
  • Heating System Mounted To A Wall or Window

Community Details

Listing and Financial Details

  • Assessor Parcel Number 5440-019-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,235

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Tudor
  • Street Number Display: Yes
  • Advertising Remarks: Silver Lake show-stopper tucked on a road less traveled, this 1925 Tudor has more than enough space for your family AND your hobbies. Formal front entry opens up to the grand living room w/ coved ceilings, fireplace, proper dining room, and expansive kitchen w/ dual sinks, stainless appliances, and loads of counter/cabinet space. Gleaming hardwood floors lead to two main floor bedrooms and a period appropriate bath w/ vintage hex tile floor, built-in cabinet and pedestal sink. Lower guest unit has separate side entrance and consists of one bedroom, living area, kitchen, bathroom and bonus space. Lower level also houses the laundry area and tons of storage. Light filled bonus space with vaulted ceiling is above an oversized 2-car garage with built in work-bench down the entire west wall, primed and ready for your future DYI projects. Zen-like rear courtyard with built-in fountain and lush landscaping complements the front foliage and hardscape.
  • Living Area: 2098
  • Year Built: 1925
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Decorative, Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Range/Oven, Refrigerator, Solar Panels, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 475.69

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Hills
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway - Concrete, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall Gas

Lot Info

  • Assessor Parcel Number: 5440-019-019
  • Geocode Override: No
  • Lot Size Area: 4870

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2021
Sold by
Droke Cynthia and Droke Darrell
Bought by
Droke Darrell Kevin and Droke Cynthia Shelton
Current Estimated Value
$1,601,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$661,000
Outstanding Balance
$592,238
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$1,054,445

Purchase Details

Closed on
May 29, 2020
Sold by
Droke Cynthia Shelton
Bought by
Droke Darrell Kevin and Droke Cynthia Shelton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$653,550
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2020
Sold by
Droke Darrell Kevin
Bought by
Droke Cynthia Shelton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$653,550
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2016
Closed on
Jul 14, 2016
Sold by
Droke Darrell Kevin
Bought by
Droke Darrell Kevin and Droke Cynthia Shelton
Seller's Agent
Alyssa Valentine
Compass
Buyer's Agent
Paul Przybyla
Compass
List Price
$998,000
Sold Price
$1,079,850
Premium/Discount to List
$81,850
8.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$794,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2016
Closed on
Jun 17, 2016
Sold by
Droke Darrell Kevin
Bought by
Droke Darrell Kevin and Droke Cynthia Shelton
Seller's Agent
Alyssa Valentine
Compass
Buyer's Agent
Paul Przybyla
Compass
List Price
$998,000
Sold Price
$1,079,850
Premium/Discount to List
$81,850
8.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$794,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2016
Sold by
Doheny Roberta
Bought by
The Droke Family Trust

Purchase Details

Closed on
Jan 13, 2003
Sold by
Doheny Roberta
Bought by
Doheny Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.96%

Purchase Details

Closed on
Apr 24, 1998
Sold by
Doheny Roberta
Bought by
Doheny Roberta and Roberta Doheny Living Trust

Purchase Details

Closed on
Sep 8, 1993
Sold by
Colavito Philip
Bought by
Doheny Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,650
Interest Rate
3.75%
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
Droke Darrell Kevin -- Chicago Title Company
Droke Cynthia -- Chicago Title Company
Droke Darrell Kevin -- Stewart Title Of Ca Inc
Droke Cynthia Shelton -- Stewart Title Of Ca Inc
Droke Cynthia Shelton -- Stewart Title Of Ca Inc
Droke Darrell Kevin -- Accommodation
Droke Darrell Kevin -- Lawyers Title
The Droke Family Trust $1,080,000 Lawyers Title
Doheny Roberta -- Lawyers Title Company
Doheny Roberta -- --
Doheny Roberta $285,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Droke Cynthia $661,000
Closed Droke Cynthia Shelton $653,550
Closed Droke Darrell Kevin $794,000
Previous Owner Doheny Roberta $460,000
Previous Owner Doheny Roberta $100,000
Previous Owner Doheny Roberta $326,000
Previous Owner Doheny Roberta $340,000
Previous Owner Doheny Roberta $69,000
Previous Owner Doheny Roberta $241,500
Previous Owner Doheny Roberta $253,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2016 05/25/16 Sold $1,079,850 +8.2% $515 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $998,000 -- $476 / 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 $15,235 $1,278,491 $894,945 $383,546
2024 $15,235 $1,253,424 $877,398 $376,026
2023 $14,936 $1,228,848 $860,195 $368,653
2022 $14,235 $1,204,754 $843,329 $361,425
2021 $14,057 $1,181,133 $826,794 $354,339
2020 $14,201 $1,169,263 $818,317 $350,946
2019 $13,631 $1,146,342 $802,272 $344,070
2018 $13,561 $1,123,871 $786,542 $337,329
2016 $4,964 $409,181 $215,359 $193,822
2015 $4,892 $403,036 $212,125 $190,911
2014 $4,916 $395,142 $207,970 $187,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-980941

The MLS

APN: 5440-019-019