NOT LISTED FOR SALE

2573 Ivanhoe Dr Los Angeles, CA 90039

Estimated Value: $2,183,000 - $3,303,000

3 Beds
3.5 Baths
2,036 Sq Ft
$1,360/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $2,770,000 $1,361 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $17,716/month

3 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Panoramic View
  • Wood Flooring
  • Ivanhoe Elementary Rated A-
  • Deck
  • Spanish Architecture

About This Home

As of November 2022

Stunning 1920's California Spanish gem with 2,963 sq. feet of living space in the Silver Lake Hills showcasing spectacular mountain and city views from every room. Expansive 8,668 sq. foot lot in the coveted Ivanhoe School District. Lush landscaping and large terraced outdoor spaces are ideal for dining, entertaining, and lounging with ample room for a pool and ADU. This bright and airy 3 bed/3 bath has a gorgeous sun-drenched living room with huge picture window, soaring 10-foot ceiling, and original fireplace. Classic French doors in the dining room open to the perfect spot to enjoy your coffee in the morning or to relax with a book. Chef's kitchen has been updated with ivory Cesarstone countertops, walnut cabinetry and high-end appliances. The bedroom level has been thoughtfully remodeled, featuring a generously sized primary bedroom and ensuite bath, and two additional bedrooms with separate bath. A detached bonus room is currently used as a wellness space, but can also be used as an office, playroom, editing/screening room, or photography studio. Spacious bottom floor level features a private, separate entrance for an office or guest suite, and includes laundry, bathroom, and patio. Noguchi light fixtures, hardwood floors, natural zellige tile, and coved ceilings throughout. Steps from the Silver Lake Reservoir and conveniently located in walking distance to Rowena's restaurant row, Whole Foods, Trader Joe's, Gelson's, and Ivanhoe Elementary. The square footage listed on APN does not reflect the bottom floor guest suite and detached wellness space, which combines for over 850 additional finished square feet. Updated systems include tankless water heater, central heating and air, upgraded 200 amp electrical, and security system. Buyer to verify school.

Last Agent to Sell the Property

Laura Thomas-Mullen

Sotheby's International Realty License #01971075 Listed on: 09/30/2022

Sotheby's International Realty

Last Buyer's Agent

Mick Partridge

Carolwood Estates License #02015130

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,251

Year Built

  • Built in 1926 | Remodeled

Lot Details

  • 8,649 Sq Ft Lot
  • Fenced Yard
  • Wood Fence
  • Sprinkler System
  • Back Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Property Views

  • Panoramic
  • Woods
  • Park or Greenbelt

Home Design

  • Spanish Architecture
  • Split Level Home
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 2,036 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Bonus Room
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Porcelain Tile
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • Low Flow Toliet
  • Low Flow Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Security Lights
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Deck
  • Rear Porch

Utilities

  • Central Heating
  • Tankless Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5439-012-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,251

Year Built

Built in 1926 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2036
  • Lot Acreage: 0.1986
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1926
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 2
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Porcelain, Slate, Stone, Wood, Ceramic Tile
  • Appliances: Built-Ins, Cooktop - Gas, Range Hood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Down
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s)
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Dining Area, In Kitchen
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Garbage Disposal, Dishwasher, Dryer, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Hood Fan, Washer, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 1217.09

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, Sprinkler System
  • Other Structures: None
  • Tennis Court Y/N: No
  • Fence: Privacy, Wood
  • Patio: Deck(s), Porch - Rear, Concrete Slab, Brick
  • Pool: No
  • Roof: Spanish Tile
  • Spa Yn: No
  • View: Green Belt, Trees/Woods, Panoramic
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage Is Attached
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Exterior Security Lights, Smoke Detector, Prewired for alarm system
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 5439-012-018
  • Lot Description: Fenced Yard, Fenced, Exterior Security Lights, Back Yard
  • Lot Size Area: 8649

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Nov 10, 2022
Sold by
Wada Stephen and Wada Atsuko Hannah
Bought by
Ivey Gwendolyn Claire and Macneil Christopher
Seller's Agent
Laura Thomas-Mullen
Sotheby's International Realty
Buyer's Agent
Mick Partridge
Carolwood Estates
List Price
$2,478,000
Sold Price
$2,770,000
Premium/Discount to List
$292,000
11.78%
Views
44
Current Estimated Value
$2,714,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,491
Avg. Annual Appreciation
-0.01%
Original Mortgage
$2,077,500
Outstanding Balance
$2,016,895
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$752,437

Purchase Details

Listed on
Aug 6, 2018
Closed on
Dec 4, 2018
Sold by
Wada Stephen
Bought by
Wada Stephen and Gee Atsuko Hannah
Seller's Agent
Ken Winick
Coldwell Banker Realty
Buyer's Agent
Tracy Do
Coldwell Banker Realty
List Price
$1,719,000
Sold Price
$1,586,500
Premium/Discount to List
-$132,500
-7.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.24%
Original Mortgage
$846,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2018
Closed on
Dec 3, 2018
Sold by
Garvey Denise Samantha and The Dennis Patrick Garvey Trus
Bought by
Wada Stephen
Seller's Agent
Ken Winick
Coldwell Banker Realty
Buyer's Agent
Tracy Do
Coldwell Banker Realty
List Price
$1,719,000
Sold Price
$1,586,500
Premium/Discount to List
-$132,500
-7.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$846,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2018
Closed on
Nov 19, 2018
Sold by
Gee Atsuko
Bought by
Wada Stephen
Seller's Agent
Ken Winick
Coldwell Banker Realty
Buyer's Agent
Tracy Do
Coldwell Banker Realty
List Price
$1,719,000
Sold Price
$1,586,500
Premium/Discount to List
-$132,500
-7.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$846,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2011
Sold by
Garvey Denise and Garvey Kelly
Bought by
Garvey Denise Samantha and Dennis Patrick Garvey Trust

Purchase Details

Closed on
Aug 5, 2010
Sold by
Garvey Denise Samantha and Dennis Patrick Garvey Trust
Bought by
Garvey Denise and Garvey Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2007
Sold by
Garvey Dennis Patrick
Bought by
Garvey Dennis Patrick and The Dennis Patrick Garvey Trus

Purchase Details

Closed on
May 20, 2003
Sold by
Garvey Sylvia T
Bought by
Garvey Dennis Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage
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
Ivey Gwendolyn Claire $2,770,000 Equity Title
Wada Stephen -- Accommodation
Wada Stephen $1,586,500 Equity Title Los Angeles
Wada Stephen -- Equity Title Los Angeles
Garvey Denise Samantha -- None Available
Garvey Denise -- North American Title Co Inc
Garvey Denise -- North American Title Co Inc
Garvey Kelly -- North American Title Co Inc
Garvey Dennis Patrick -- None Available
Garvey Dennis Patrick -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ivey Gwendolyn Claire $2,077,500
Previous Owner Wada Stephen $818,800
Previous Owner Wada Stephen $846,000
Previous Owner Garvey Denise $300,000
Previous Owner Garvey Dennis Patrick $250,000
Previous Owner Garvey Dennis Patrick $93,000
Previous Owner Garvey Dennis Patrick $90,000
Previous Owner Garvey Dennis Patrick $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Sold $2,770,000 +11.8% $1,361 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $2,478,000 +56.2% $1,217 / Sq Ft
12/11/2018 12/11/18 Sold $1,586,500 -0.8% $779 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
10/25/2018 10/25/18 Price Changed $1,600,000 -3.0% $786 / Sq Ft
09/08/2018 09/08/18 Price Changed $1,650,000 -4.0% $810 / Sq Ft
08/06/2018 08/06/18 For Sale $1,719,000 -- $844 / 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 $34,251 $2,881,907 $2,100,879 $781,028
2024 $34,251 $2,825,400 $2,059,686 $765,714
2023 $33,578 $2,770,000 $2,019,300 $750,700
2022 $19,786 $1,667,691 $1,334,154 $333,537
2021 $19,548 $1,634,993 $1,307,995 $326,998
2019 $18,959 $1,586,500 $1,269,200 $317,300
2018 $1,528 $110,054 $46,515 $63,539
2016 $1,438 $105,782 $44,709 $61,073
2015 $1,419 $104,194 $44,038 $60,156
2014 $1,433 $102,154 $43,176 $58,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-184625

The MLS

APN: 5439-012-018