NOT LISTED FOR SALE

2504 Silver Lake Terrace Los Angeles, CA 90039

Estimated Value: $1,901,000 - $4,372,000

2 Beds
2 Baths
1,773 Sq Ft
$1,952/Sq Ft Est. Value

Last Sold February 14, 2012

Last sale price $895,000 $505 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $22,370/month

10 Days on Market

Highlights

  • Views of a landmark
  • Wood Flooring
  • Covered Patio or Porch
  • Ivanhoe Elementary Rated A-
  • Spanish Architecture
  • 2 Car Direct Access Garage

About This Home

As of February 2012

Silver Lake Hills Quintessential Spanish Hacienda on cul-de-sac with great vibe, light and details. Living room with dramatic high wood-beamed ceiling and fireplace, formal entry, family room with wood beamed ceiling, bar, formal dining room, charming kitchen and laundry. Master bedroom with large walk-in closet recently remodeled spacious master bath, second bedroom adjacent to ¾ bath. Public rooms all open to yard/patios. Good size grassy yard. Hardwood floors, French doors, security system, central heat/air, 2 car garage with direct access into house. Views of mountains, Hollywood sign and Griffith park observatory. Close to reservoir and convenient to Hollywood and various studios. Washer/dryer, wolf range, dishwasher. Ivanhoe School district.

Last Agent to Sell the Property

Denny Kagasoff

Berkshire Hathaway HomeServices California Properties License #00995873 Listed on: 01/09/2012

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Eileen Walsh

Allison James Estates & Homes License #01391530

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,214

Year Built

  • Built in 1936

Lot Details

  • 6,577 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Direct Access Garage

Property Views

  • Views of a landmark
  • Mountain
  • Park or Greenbelt

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,773 Sq Ft Home
  • 1-Story Property
  • Bar
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Alarm System
  • Dishwasher
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5439-018-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,214

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1773
  • Stories: 1
  • Year Built: 1936
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher
  • Fireplace: Yes
  • Price Per S Q F T: 504.79

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Green Belt, Landmark, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Direct Entrance
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5439-018-001
  • Lot Size Area: 6577

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2022
Sold by
Susan Mercuriadis
Bought by
Mercuriadis Merck
Current Estimated Value
$3,460,062

Purchase Details

Closed on
Mar 25, 2022
Sold by
Gibbs and Miranda
Bought by
Mercuriadis Merck and Mercuriadis Sofia Sunny

Purchase Details

Closed on
Sep 7, 2016
Sold by
Gibbs Devon and Gibbs Frank A
Bought by
Gibbs Devon and Gibbs Miranda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$613,300
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2012
Closed on
Jan 20, 2012
Sold by
Price Jamie and The Jamie Price Revocable Trus
Bought by
Gibbs Devon and Gibbs Frank A
Seller's Agent
Denny Kagasoff
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Eileen Walsh
Allison James Estates & Homes
List Price
$895,000
Sold Price
$895,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.51%
Original Mortgage
$545,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2009
Sold by
Price Jamie
Bought by
Price Jamie and Jamie Price Revocable Trust

Purchase Details

Closed on
Dec 21, 2000
Sold by
Price David G and Price Dallas P
Bought by
Price Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 12, 1998
Sold by
Hampton Donald B and Landre Robert
Bought by
Price David G and Price Dallas P
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
Mercuriadis Merck -- Equity Title
Mercuriadis Merck $3,750,000 Equity Title
Gibbs Devon -- North American Title Company
Gibbs Devon $849,000 California Title Company
Price Jamie -- None Available
Price Jamie $105,000 Chicago Title
Price David G $470,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibbs Devon $250,000
Previous Owner Gibbs Devon $613,300
Previous Owner Gibbs Devon $625,500
Previous Owner Gibbs Devon $545,000
Previous Owner Price Jamie $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2012 02/14/12 Sold $895,000 0.0% $505 / Sq Ft
01/19/2012 01/19/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $895,000 -- $505 / 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 $47,214 $3,979,530 $3,183,624 $795,906
2024 $47,214 $3,901,500 $3,121,200 $780,300
2023 $46,285 $3,825,000 $3,060,000 $765,000
2022 $15,133 $1,270,999 $847,461 $423,538
2021 $14,942 $1,246,079 $830,845 $415,234
2019 $12,071 $1,007,749 $806,202 $201,547
2018 $11,996 $987,991 $790,395 $197,596
2016 $11,551 $949,628 $759,704 $189,924
2015 $11,382 $935,365 $748,293 $187,072
2014 $11,420 $917,043 $733,635 $183,408
Source: Public Records

Agents Affiliated with this Home

  • Denny Kagasoff

    Seller's Agent in 2012

    Denny Kagasoff

    Berkshire Hathaway HomeServices California Properties

    (310) 428-8686

    13 Total Sales

    Denny Kagasoff
    Section Image

  • E

    Buyer's Agent in 2012

    Eileen Walsh

    Allison James Estates & Homes

    Section Image
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Map

Source: The MLS

MLS Number: 12-573989

The MLS

APN: 5439-018-001

California Los Angeles County Los Angeles 90039

2504 Silver Lake Terrace, Los Angeles, CA

This home is located at 2504 Silver Lake Terrace, Los Angeles, CA 90039 since 09 January 2012 and is currently estimated at $3,460,062, approximately $1,951 per square foot. This property was built in 1936. 2504 Silver Lake 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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