NOT LISTED FOR SALE

2571 Riverside Terrace Los Angeles, CA 90039

Estimated Value: $1,077,000 - $1,526,000

2 Beds
1 Bath
1,026 Sq Ft
$1,258/Sq Ft Est. Value

Last Sold July 21, 2015

Last sale price $760,000 $741 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,150/month

12 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Enclosed patio or porch
  • John Marshall Senior High Rated A
  • Spanish Architecture
  • Laundry Room

About This Home

As of July 2015

This charming 1927 two story Spanish style home is perfectly nestled above the street on a gentle upslope lot surrounded by well-manicured lush landscaping. Here you will find a comfortable living room, hardwood floors, generous sized kitchen, den, 2 bedrooms and 1 great bathroom with lots of natural light. A small office off the master bedroom & great outdoor space for entertaining. Enjoy outdoor intimate dining in the covered patio off the kitchen, larger gatherings on the patio & then take in the mountain views to the North from the upper deck. A great vegetable garden awaits your farm to table culinary genius. A true sanctuary tucked away from the hustle and bustle of the city & minutes from the happening restaurants, cafes, theaters and shopping of Silver Lake, Atwater Village & Los Feliz. Close proximity to the new Whole Foods scheduled to open in 2015. Great opportunity to personalize this home to suit your style. Close to Griffith Park, Downtown, Hollywood and Major Freeways.

Last Agent to Sell the Property

Brian Ades

Sotheby's International Realty License #01347985 Listed on: 06/08/2015

Sotheby's International Realty

Last Buyer's Agent

MIREN ALVAREZ

PREMIER ONE REALTY INV. GROUP License #01867072

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,851

Year Built

  • Built in 1927

Lot Details

  • 6,078 Sq Ft Lot
  • North Facing Home
  • Hillside Location
  • Property is zoned LAR2

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,026 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Dining Room
  • Wood Flooring
  • Mountain Views

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer

Additional Features

  • Enclosed patio or porch
  • Sewer in Street

Community Details

  • Community Barbecue Grill

Listing and Financial Details

  • Assessor Parcel Number 5440-029-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,851

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Living Room
  • Living Area: 1026
  • Stories: 1
  • Year Built: 1927
  • Number Of Photos: 43
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Up
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Dining Area
  • Laundry: Laundry Area, Outside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal
  • Price Per S Q F T: 730.02

Exterior Features

  • Direction Faces: North
  • Tennis Court Y/N: No
  • Patio: Enclosed, Patio Open
  • Pool: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 1 Car

Utilities

  • Cooling: Ceiling Fan
  • Sewer: In Street
  • Water: In Street

Association/Amenities

  • Amenities: Assoc Barbecue

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5440-029-014
  • Geocode Override: No
  • Lot Location: Hillside
  • Lot Size Area: 6078

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2015
Closed on
Jul 14, 2015
Sold by
Melograne Maria L
Bought by
Denicola Matthew Michael and Sitar Andrea Rose
Seller's Agent
Brian Ades
Sotheby's International Realty
Buyer's Agent
MIREN ALVAREZ
PREMIER ONE REALTY INV. GROUP
List Price
$749,000
Sold Price
$760,000
Premium/Discount to List
$11,000
1.47%
Total Days on Market
12
Current Estimated Value
$1,290,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,792
Avg. Annual Appreciation
5.31%
Original Mortgage
$684,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2003
Sold by
Melograne Maria L
Bought by
Melograne Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 1998
Sold by
Haines Theodore
Bought by
Melograne Maria L

Purchase Details

Closed on
Feb 9, 1994
Sold by
Shively Orrin J
Bought by
Haines Theodore and Melograne Maria L
Source: Public Records

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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
Denicola Matthew Michael $760,000 Equity Title Company
Melograne Maria L -- Southland Title
Melograne Maria L -- --
Haines Theodore $168,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denicola Matthew Michael $577,500
Closed Denicola Matthew Michael $665,700
Closed Denicola Matthew Michael $684,000
Previous Owner Melograne Maria L $125,500
Previous Owner Melograne Maria L $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2015 07/21/15 Sold $760,000 +1.5% $741 / Sq Ft
06/20/2015 06/20/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $749,000 -- $730 / 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
2024 $10,851 $896,037 $705,633 $190,404
2023 $10,638 $878,469 $691,798 $186,671
2022 $10,137 $861,245 $678,234 $183,011
2021 $10,013 $844,359 $664,936 $179,423
2019 $92 $811,616 $645,214 $166,402
2018 $9,577 $795,703 $632,563 $163,140
2016 $9,099 $760,000 $608,000 $152,000
2015 $2,873 $237,569 $166,868 $70,701
2014 -- $232,917 $163,600 $69,317
Source: Public Records

Agents Affiliated with this Home

  • Brian Ades

    Seller's Agent in 2015

    Brian Ades

    Sotheby's International Realty

    (310) 503-8080

    1 in this area

    30 Total Sales

    Brian Ades
    Section Image

  • M

    Buyer's Agent in 2015

    MIREN ALVAREZ

    PREMIER ONE REALTY INV. GROUP

See All Agents

Map

Source: The MLS

MLS Number: 15-911625

The MLS

APN: 5440-029-014

California Los Angeles County Los Angeles 90039

2571 Riverside Terrace, Los Angeles, CA

This home is located at 2571 Riverside Terrace, Los Angeles, CA 90039 since 08 June 2015 and is currently estimated at $1,290,792, approximately $1,258 per square foot. This property was built in 1927. 2571 Riverside Terrace is a home located in Los Angeles County with nearby schools including Allesandro Elementary, Irving STEAM Magnet School, and John Marshall Senior High.

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