NOT LISTED FOR SALE

2424 Edgewater Terrace Los Angeles, CA 90039

Estimated Value: $1,632,470 - $1,910,000

3 Beds
1.5 Baths
1,724 Sq Ft
$1,016/Sq Ft Est. Value

Last Sold March 21, 2014

Last sale price $1,030,000 $597 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $10,578/month

9 Days on Market

Highlights

  • Peek-A-Boo Views
  • Living Room with Fireplace
  • Walk-In Closet
  • Ivanhoe Elementary Rated A-
  • Wood Flooring
  • 4-minute walk to Silver Lake Meadows

About This Home

As of March 2014

This updated and expanded bungalow cottage is in a charming enclave of similar homes in one of the region's most dynamic and eclectic communities. On the East side of Silverlake reservoir, in the Ivanhoe School District, this 1938 home was expanded in 2007--creating a huge loft-like master bedroom with vaulted ceilings and a walk-in closet. Two additional tandem bedrooms share a full bath with a separate tub & shower. While maintaining original character throughout, the home offers copper plumbing, modern electrical, a newer roof, foundation bolting, centralized heat/AC and more. The deep rear yard includes a dining terrace with fountain and a gentle upslope lot with hillside and reservoir views. The full size 2-car garage features an automatic opener. With easy access to area freeways, this home also provides proximity to exceptional restaurants, shopping & recreational activities.

Last Agent to Sell the Property

Peter Martocchio

Coldwell Banker Realty License #01311046 Listed on: 02/21/2014

Coldwell Banker Realty

Last Buyer's Agent

Courtney N Smith

Compass License #01406768

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,003

Year Built

  • Built in 1938

Lot Details

  • 7,288 Sq Ft Lot
  • West Facing Home
  • Property is zoned LAR1

Home Design

  • Bungalow
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,724 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Peek-A-Boo Views
  • Prewired Security
  • Disposal
  • Gas Dryer Hookup

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5439-014-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,003

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Living Area: 1724
  • Stories: 1
  • Year Built: 1938
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Ceramic Tile, Wood
  • Appliances: Free Standing Gas
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Garbage Disposal, Gas Dryer Hookup, Refrigerator
  • Price Per S Q F T: 486.66

Exterior Features

  • Direction Faces: West
  • Construction: Stucco, Wood Siding
  • Tennis Court Y/N: No
  • Pool: No
  • View: Peek-A-Boo
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Attached

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Forced Air
  • Security: Prewired for alarm system
  • Sewer: In Street Paid

Lot Info

  • Assessor Parcel Number: 5439-014-011
  • Geocode Override: No
  • Lot Size Area: 7288

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2014
Closed on
Mar 5, 2014
Sold by
Spurgeon Henry
Bought by
Pestoni Jon
Seller's Agent
Peter Martocchio
Coldwell Banker Realty
Buyer's Agent
Courtney N Smith
Compass
List Price
$839,000
Sold Price
$1,030,000
Premium/Discount to List
$191,000
22.77%
Current Estimated Value
$1,712,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$682,010
Avg. Annual Appreciation
4.76%
Original Mortgage
$600,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2008
Sold by
Spurgeon Henry Alig
Bought by
Spurgeon Henry and Henry Spurgeon Living Trust
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
Pestoni Jon $1,030,000 Provident Title Company
Spurgeon Henry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pestoni Jon $595,000
Closed Pestoni Jon $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2014 03/21/14 Sold $1,030,000 +22.8% $597 / Sq Ft
03/02/2014 03/02/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $839,000 -- $487 / 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 $15,003 $1,262,628 $1,010,106 $252,522
2024 $15,003 $1,237,871 $990,300 $247,571
2023 $14,708 $1,213,600 $970,883 $242,717
2022 $14,016 $1,189,805 $951,847 $237,958
2021 $13,844 $1,166,477 $933,184 $233,293
2019 $13,423 $1,131,880 $905,506 $226,374
2018 $13,382 $1,109,687 $887,751 $221,936
2016 $12,793 $1,066,599 $853,280 $213,319
2015 $12,603 $1,050,578 $840,463 $210,115
2014 $3,793 $303,808 $91,119 $212,689
Source: Public Records

Agents Affiliated with this Home

  • Peter Martocchio

    Seller's Agent in 2014

    Peter Martocchio

    Coldwell Banker Realty

    (626) 229-0909

    62 Total Sales

    Section Image

  • C

    Buyer's Agent in 2014

    Courtney N Smith

    Compass

    Section Image
  • Kurt Wisner

    Buyer Co-Listing Agent in 2014

    Kurt Wisner

    Compass

    (323) 841-3839

    59 in this area

    404 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 14-737903

The MLS

APN: 5439-014-011

California Los Angeles County Los Angeles 90039

2424 Edgewater Terrace, Los Angeles, CA

This home is located at 2424 Edgewater Terrace, Los Angeles, CA 90039 since 21 February 2014 and is currently estimated at $1,751,868, approximately $1,016 per square foot. This property was built in 1938. 2424 Edgewater Terrace is a home located in Los Angeles County with nearby schools including Ivanhoe Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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