NOT LISTED FOR SALE

2415 Panorama Terrace Los Angeles, CA 90039

Estimated Value: $1,801,606 - $2,376,000

3 Beds
1.5 Baths
1,595 Sq Ft
$1,288/Sq Ft Est. Value

Last Sold June 15, 2017

Last sale price $1,400,000 $878 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $12,805/month

Highlights

  • Views of a landmark
  • Den with Fireplace
  • Wood Flooring
  • Ivanhoe Elementary Rated A-
  • Traditional Architecture
  • No HOA

About This Home

As of June 2017

Prime Silver Lake Traditional Circa 1937, this beautiful home sits on a street to street lot with views toward the Observatory & Griffith Park, 3 bedrooms + a den 1.5 baths, formal dining room, updated kitchen, original hardwood floors, freshly painted. Large grassy yard & terraced garden. Offer accepted before processing but looking for a back up offer.

Last Agent to Sell the Property

Jeffrey Young

Sotheby's International Realty License #00977617 Listed on: 05/02/2017

Last Buyer's Agent

Jeffrey Young

Sotheby's International Realty License #00977617 Listed on: 05/02/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,308

Year Built

  • Built in 1937

Lot Details

  • 6,171 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • Views of a landmark
  • Canyon
  • Hills

Home Design

  • Traditional Architecture
  • Common Roof

Interior Spaces

  • 1,595 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Living Room
  • Dining Room
  • Den with Fireplace
  • Alarm System

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • Direct Access Garage
  • Garage Door Opener

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5432-008-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,308

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1595
  • Stories: 2
  • Year Built: 1937
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den
  • Flooring: Hardwood, Tile
  • Appliances: Cooktop - Gas, Gas, Gas/Electric Range, Range Hood
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 870.85

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Common Roof
  • Spa Yn: No
  • View: Canyon, Hills, Landmark
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Covered Parking, Direct Entrance, Door Opener

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5432-008-001
  • Geocode Override: No
  • Lot Size Area: 6171

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2017
Closed on
May 12, 2017
Sold by
James Brandon E
Bought by
Kochhar Amit and Han Hyosun
Seller's Agent
Jeffrey Young
Sotheby's International Realty
Buyer's Agent
Jeffrey Young
Sotheby's International Realty
List Price
$1,389,000
Sold Price
$1,400,000
Premium/Discount to List
$11,000
0.79%
Current Estimated Value
$2,054,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$654,902
Avg. Annual Appreciation
5.02%
Original Mortgage
$1,120,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2017
Sold by
James Brandon E
Bought by
James Brandon E and James Margaret G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 23, 2015
Closed on
Apr 15, 2015
Sold by
Fedak Christopher
Bought by
James Brandon E and James Margaret G
Seller's Agent
Jeffrey Young
Sotheby's International Realty
Buyer's Agent
Barry Gray
Compass
List Price
$1,215,000
Sold Price
$1,220,000
Premium/Discount to List
$5,000
0.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$880,000
Interest Rate
3.22%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 23, 2015
Closed on
Mar 26, 2015
Sold by
Gottsacker Patricia
Bought by
Gottsacker Harold A
Seller's Agent
Jeffrey Young
Sotheby's International Realty
Buyer's Agent
Barry Gray
Compass
List Price
$1,215,000
Sold Price
$1,220,000
Premium/Discount to List
$5,000
0.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
3.22%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 10, 2009
Sold by
Sizemore James William and The James W Sizemore Jr 2002 R
Bought by
Fedak Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$727,200
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2004
Sold by
Sizemore James William
Bought by
Sizemore James William and James W Sizemore Jr 2002 Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,600
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2004
Sold by
Clapp Peter W and Barrett Nancy J
Bought by
Sizemore James William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,600
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
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
Kochhar Amit $1,400,000 Lawyers Title Company
James Brandon E -- Lawyers Title
James Brandon E $1,220,000 Lawyers Title
Gottsacker Harold A -- Lawyers Title
Fedak Christopher $909,000 Lawyers Title Co-Burbank
Sizemore James William -- Equity Title Company
Sizemore James William $802,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kochhar-Han Revocable Family T $702,000
Open Kochhar Amit $1,188,000
Closed Kochhar Amit $1,120,000
Previous Owner Gottsacker Harold A $880,000
Previous Owner Fedak Christopher S $697,500
Previous Owner Fedak Christopher $727,200
Previous Owner Sizemore James William $100,000
Previous Owner Sizemore James William $641,600
Previous Owner Clapp Peter W $270,000
Previous Owner Clapp Peter W $142,000
Previous Owner Clapp Peter W $294,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold $1,400,000 +0.8% $878 / Sq Ft
05/02/2017 05/02/17 For Sale $1,389,000 +13.9% $871 / Sq Ft
04/24/2015 04/24/15 Sold $1,220,000 +0.4% $765 / Sq Ft
02/23/2015 02/23/15 For Sale $1,215,000 -- $762 / 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 $19,308 $1,624,814 $1,299,853 $324,961
2024 $19,308 $1,592,956 $1,274,366 $318,590
2023 $18,929 $1,561,723 $1,249,379 $312,344
2022 $18,039 $1,531,102 $1,224,882 $306,220
2021 $17,822 $1,501,081 $1,200,865 $300,216
2019 $17,282 $1,456,560 $1,165,248 $291,312
2018 $17,228 $1,428,000 $1,142,400 $285,600
2016 $14,967 $1,238,604 $947,431 $291,173
2015 $11,842 $976,289 $775,340 $200,949
2014 $11,880 $957,166 $760,153 $197,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-227028

The MLS

APN: 5432-008-001