NOT LISTED FOR SALE

2515 Panorama Terrace Los Angeles, CA 90039

Estimated Value: $2,786,000 - $3,214,000

4 Beds
2.5 Baths
2,622 Sq Ft
$1,109/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $2,800,000 $1,068 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $18,791/month

23 Days on Market

Highlights

  • View of Hills
  • Traditional Architecture
  • Bonus Room
  • Ivanhoe Elementary Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of May 2022

Stunning and classic renovated 1930's Silver Lake beauty, walking distance to everything with gorgeous sunsets and views, as well as a separate large living area with small high style kitchen that can easily be turned back into a 4th bedroom by adding a wall that was just recently taken down. Everything to make this your enchanted home. Renovated by SMITS+BAMBROUGH Architects and featuring great design by Matters of Space. The backyard is huge and magical, with large decks to take advantage of the amazing views and entertain your friends and family, and what looks like a perfect spot to easily add a pool. The main level brims with character, warmth and detail, and includes a cozy sitting room with fireplace which leads to an open floor plan great room, including living room, dining area and a very large kitchen, all soaked with natural light bursting through the windows and French doors that open to a large deck and gorgeous views of the hillside and sunsets. Upstairs includes the great primary bedroom with a huge walk-in closet, as well as the large second bedroom, a bonus room that can be an office or small nursery, and an elegant bathroom. The lower level has been transformed into a 3rd bedroom that opens onto a living area with its own kitchen, which services the very large outside area for entertaining. This used to be the 3d and 4th bedroom and can potentially be changed back or add French doors in between. Alternatively, and because this level has a separate entrance, this lower level kitchen can be used as a private living area, office, or in-law suite. The lower level also includes a separate bonus room that can be a studio/office space, or large storage area. The lush garden feels like you're in the country, where you can get lost in it, and potter around for days, with lots of different fun areas to roam and adventure, kids and adults alike. A beautiful container pool with window would be ideal here. All this abundance, and walking distance to all the shops, restaurants, bars, as well as the Lake, and to top it off, part of the Ivanhoe School District. This home has it all, and the only thing missing is you.

Last Agent to Sell the Property

Emmanuel Xuereb

Compass License #01845114 Listed on: 04/04/2022

Compass

Co-Listed By

Salvator Xuereb

Compass License #02040807

Last Buyer's Agent

Tracy Do

Coldwell Banker Realty License #01350025

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,299

Year Built

  • Built in 1937 | Remodeled

Lot Details

  • 6,786 Sq Ft Lot
  • West Facing Home
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,622 Sq Ft Home
  • 3-Story Property
  • Den with Fireplace
  • Bonus Room
  • Wood Flooring
  • Views of Hills
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5432-007-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,299

Year Built

Built in 1937 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Advertising Remarks: Classic renovated 1930's Silver Lake beauty, walking distance to everything with gorgeous sunsets and views,as well as a separate living area, and studio space. Everything to make this your enchanted home. Renovated by SMITS+BAMBROUGH Architects and featuring great design by Matters of Space. The backyard is huge and magical, with large decks to take advantage of the amazing views and entertain your friends and family. The main level brims with character, warmth and detail, and includes a cozy sitting room with fireplace which leads to an open floor plan great room, including living room, dining area and a very large kitchen, all soaked with natural light bursting through the windows and Frenchdoors that open to a large deck and gorgeous views of the hillside and sunsets. Upstairs includes the great primary bedroom with a huge walk-in closet, as well as the large second bedroom, a bonus
  • Exclusions: Check with Agents
  • Living Area: 2622
  • Lot Acreage: 0.1558
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1937
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den
  • Flooring: Hardwood, Mixed
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • 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: 3.00
  • Den: 1
  • Equipment: Dishwasher
  • Fireplace: Yes
  • Price Per S Q F T: 1067.51

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 1
  • Covered Parking: 2
  • Parking Garage: Attached
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5432-007-002
  • Lot Size Area: 6786

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
May 25, 2021
Sold by
Pearce Michael R and Pearce Yoko Onuki
Bought by
Butler Virginia C and Butler Jason Aalon
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
Emmanuel Xuereb
Compass
List Price
$1,995,000
Sold Price
$2,555,000
Premium/Discount to List
$560,000
28.07%
Current Estimated Value
$2,908,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,692
Avg. Annual Appreciation
2.49%
Original Mortgage
$1,250,000
Outstanding Balance
$1,163,234
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$1,673,086

Purchase Details

Listed on
Jul 25, 2013
Closed on
Aug 19, 2013
Sold by
Uba Grant Wesley
Bought by
Pearce Michael R and Pearce Yoko Onuki
Seller's Agent
Atsuko Kimoto
Sotheby's International Realty
Buyer's Agent
Hattie Ramirez
Keller Williams Realty Los Feliz
List Price
$899,000
Sold Price
$899,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.43%

Purchase Details

Closed on
Apr 28, 1999
Sold by
Uba Lillian M
Bought by
Uba Lillian M and Lillian M Uba 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
Butler Virginia C $2,555,000 Provident Title Company
Pearce Michael R $899,000 Equity Title Los Angeles
Uba Lillian M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Virginia C $790,000
Open Butler Virginia C $1,250,000
Previous Owner Pearce Michael R $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $2,800,000 0.0% $1,068 / Sq Ft
04/28/2022 04/28/22 Price Changed $2,799,000 +7.7% $1,068 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/25/2022 04/25/22 Price Changed $2,599,000 -3.7% $991 / Sq Ft
04/24/2022 04/24/22 Price Changed $2,699,000 -3.6% $1,029 / Sq Ft
04/04/2022 04/04/22 For Sale $2,799,000 +9.5% $1,068 / Sq Ft
05/28/2021 05/28/21 Sold $2,555,000 +28.1% $974 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $1,995,000 +121.9% $761 / Sq Ft
08/30/2013 08/30/13 Sold $899,000 0.0% $343 / Sq Ft
07/25/2013 07/25/13 For Sale $899,000 -- $343 / 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 $35,299 $2,971,381 $1,894,362 $1,077,019
2024 $35,299 $2,913,119 $1,857,218 $1,055,901
2023 $34,605 $2,856,000 $1,820,802 $1,035,198
2022 $30,636 $2,606,100 $1,667,700 $938,400
2021 $12,852 $1,066,138 $814,496 $251,642
2020 $12,983 $1,055,207 $806,145 $249,062
2019 $12,467 $1,034,518 $790,339 $244,179
2018 $12,424 $1,014,235 $774,843 $239,392
2016 $11,869 $974,853 $744,755 $230,098
2015 $11,696 $960,211 $733,569 $226,642
2014 $11,217 $899,000 $719,200 $179,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-143217

The MLS

APN: 5432-007-002