NOT LISTED FOR SALE

2501 Silver Lake Terrace Los Angeles, CA 90039

Estimated Value: $2,819,000 - $3,821,000

3 Beds
3.5 Baths
2,523 Sq Ft
$1,375/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $3,600,000 $1,427 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $22,111/month

68 Days on Market

Highlights

  • Projection Room
  • Pool House
  • Midcentury Modern Architecture
  • Ivanhoe Elementary Rated A-
  • City Lights View
  • Wood Flooring

About This Home

As of August 2023

The Silver Lake dream lives in this stunning midcentury circa 1951 with an updated interior including kitchen design by Barbara Bestor. Tucked into a cul-de-sac in the Ivanhoe school boundary, the gated home feels private and serene amid breathtaking surroundings. Iconic midcentury motifs include open beams, wood paneling and handcrafted built-ins; walls of glass connect indoor and outdoor spaces bathed in warm natural light. For chefs and entertainers there's a remodeled kitchen with a pro-style Wolf range, Subzero fridge and oversized prep + dining island. The cavernous Primary suite enjoys Reservoir views, and two additional bedrooms gaze onto a lush private patio. Landscaped grounds create tranquil resort vibes complete with a pool, spa, pool house, fire pit and outdoor kitchen for hosting gatherings against the scenic backdrop of the Griffith Observatory, Hollywood Sign and Silver Lake Reservoir. Remarkably this peaceful retreat is just minutes from coffee, Whole Foods and more.

Last Agent to Sell the Property

Tracy Do

Coldwell Banker Realty License #01350025 Listed on: 05/15/2023

Coldwell Banker Realty

Co-Listed By

Ronda Doyal

Coldwell Banker Realty License #01912802

Last Buyer's Agent

Kevin Brennan

Compass License #02089141

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,599

Year Built

  • Built in 1951

Lot Details

  • 9,027 Sq Ft Lot
  • Property is zoned LAR1

Property Views

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

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,523 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Projection Room

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Carport Spaces
  • Driveway

Pool

  • Pool House
  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5439-019-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,599

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 2523
  • Lot Acreage: 0.2072
  • Stories: 2
  • Year Built: 1951
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Ceiling Fan, Dryer, Washer, Range/Oven, Refrigerator, Garbage Disposal
  • Price Per S Q F T: 1385.26

Exterior Features

  • Other Structures: Pool House
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Reservoir, Mountains, Landmark, City Lights
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Other Spaces: 4
  • Parking Garage: Carport, Driveway
  • Total Parking: 6

Utilities

  • Cooling: Central, Wall Unit(s)
  • Heating: Central, Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5439-019-016
  • Lot Size Area: 9027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Jul 24, 2023
Sold by
Rotko William and Rotko Carol
Bought by
Coast Ii Trust and Altman
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
Kevin Brennan
Compass
List Price
$3,800,000
Sold Price
$3,600,000
Premium/Discount to List
-$200,000
-5.26%
Views
115
Current Estimated Value
$3,468,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$131,766
Avg. Annual Appreciation
-2.00%

Purchase Details

Listed on
Dec 7, 2015
Closed on
Dec 29, 2015
Sold by
Malet David and The Wilfred Malet Qprt
Bought by
Rotko William and Rotko Carol
Seller's Agent
Isaac Fast
Coldwell Banker Realty
Buyer's Agent
Ken Winick
Coldwell Banker Realty
List Price
$1,395,000
Sold Price
$1,550,000
Premium/Discount to List
$155,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.94%
Original Mortgage
$625,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 1998
Sold by
Malet Alma R
Bought by
Malet Alma Rae and Malet Alma Rae
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Coast Ii Trust $3,600,000 Provident Title Company
Rotko William $1,550,000 Equity Title Los Angeles
Malet Alma Rae -- --
Malet Wilfred -- --
Malet Wilfred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rotko William $1,000,000
Previous Owner Rotko William $625,500
Previous Owner Rotko William $625,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $3,600,000 +3.0% $1,427 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/10/2023 07/10/23 Price Changed $3,495,000 -5.4% $1,385 / Sq Ft
06/06/2023 06/06/23 Price Changed $3,695,000 -2.8% $1,465 / Sq Ft
05/15/2023 05/15/23 For Sale $3,800,000 +145.2% $1,506 / Sq Ft
02/17/2016 02/17/16 Sold $1,550,000 +11.1% $614 / Sq Ft
12/21/2015 12/21/15 Pending -- -- --
12/07/2015 12/07/15 For Sale $1,395,000 -- $553 / 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 $43,599 $3,672,000 $3,323,058 $348,942
2024 $43,599 $3,600,000 $3,257,900 $342,100
2023 $22,078 $1,806,520 $1,234,543 $571,977
2022 $21,046 $1,771,099 $1,210,337 $560,762
2021 $20,790 $1,736,372 $1,186,605 $549,767
2019 $478 $1,644,871 $1,151,410 $493,461
2018 $19,610 $1,612,620 $1,128,834 $483,786
2016 $14,075 $1,157,385 $812,200 $345,185
2015 $2,732 $212,642 $41,793 $170,849
2014 $2,749 $208,478 $40,975 $167,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-266435

The MLS

APN: 5439-019-016