NOT LISTED FOR SALE

2443 Meadow Valley Terrace Los Angeles, CA 90039

Estimated Value: $1,664,000 - $1,997,000

3 Beds
1.5 Baths
1,526 Sq Ft
$1,205/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $1,386,000 $908 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $11,915/month

14 Days on Market

Highlights

  • City Lights View
  • Room in yard for a pool
  • Wood Flooring
  • Ivanhoe Elementary Rated A-
  • Traditional Architecture
  • No HOA

About This Home

As of May 2019

First time on the market in over 50 years for this charming Silver Lake traditional circa 1936. A gated front yard greets you as you enter into this two-story 3BR/2BA with amazing views and a desirable layout. The home has been upgraded over the years but this cosmetic fixer is awaiting your final touches to make it truly yours. Upstairs is a kitchen, dining area, large living room and bedroom with half bath. Downstairs two large bedrooms share a full bath. A basement below the house offers storage, laundry & room to expand. At the bottom of the sizable lot is a huge outdoor area with grassy yard, veggie garden, and plenty of room to add a pool - all with amazing views of the hills, Observatory and beyond. Located in the heart of Silver Lake close to the Reservoir and Sunset Junction as well as many local hot spots such as Square One, Hyperion Public and Speranza. The Silver Lake Reservoir and Meadow as well as Sunset Junction are nearby as well. Ivanhoe School District.

Last Agent to Sell the Property

Rob Kallick

Compass License #01871966 Listed on: 04/04/2019

Compass

Last Buyer's Agent

Payman Shilian

Compass License #01913874

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,366

Year Built

  • Built in 1936

Lot Details

  • 4,604 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 1 Car Garage

Property Views

  • City Lights
  • Views of a landmark
  • Mountain
  • Hills

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,526 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Entryway
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5432-006-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,366

Year Built

Built in 1936

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1526
  • Stories: 2
  • Year Built: 1936
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative, Living Room, Patio
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: No
  • Price Per S Q F T: 785.71

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Hills, Landmark, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5432-006-005
  • Geocode Override: No
  • Lot Size Area: 4604

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
May 6, 2019
Sold by
The Coughlin Irrevocable Trust
Bought by
The Jake Andrew Lazere Trust
Seller's Agent
Rob Kallick
Compass
Buyer's Agent
Payman Shilian
Compass
List Price
$1,199,000
Sold Price
$1,386,000
Premium/Discount to List
$187,000
15.6%
Current Estimated Value
$1,896,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$510,507
Avg. Annual Appreciation
4.62%
Original Mortgage
$350,000
Outstanding Balance
$307,757
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,530,799

Purchase Details

Closed on
Dec 7, 2015
Sold by
Coughlin Michael A
Bought by
Burgard Stephen M and Coughlin Irrevocable Trust

Purchase Details

Closed on
Aug 26, 1998
Sold by
Coughlin Michael A
Bought by
Coughlin Michael A and Coughlin Separate Pr Michael A
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
The Jake Andrew Lazere Trust $1,386,000 Lawyers Title
Burgard Stephen M -- None Available
Coughlin Michael A -- None Available
Coughlin Michael A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jake Andrew Lazere Trust $100,000
Open The Jake Andrew Lazere Trust $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $1,386,000 +15.6% $908 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $1,199,000 -- $786 / 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 $18,366 $1,546,104 $1,236,884 $309,220
2024 $18,366 $1,515,789 $1,212,632 $303,157
2023 $18,005 $1,486,068 $1,188,855 $297,213
2022 $17,158 $1,456,931 $1,165,545 $291,386
2021 $17,034 $1,428,365 $1,142,692 $285,673
2020 $17,211 $1,413,720 $1,130,976 $282,744
2019 $15,511 $89,177 $41,511 $47,666
2018 $1,167 $87,430 $40,698 $46,732
2016 $1,096 $84,036 $39,118 $44,918
2015 $1,081 $82,775 $38,531 $44,244
2014 $1,092 $81,155 $37,777 $43,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-451118

The MLS

APN: 5432-006-005