NOT LISTED FOR SALE

2638 Ivan Hill Terrace Los Angeles, CA 90039

Estimated Value: $1,641,000 - $2,486,000

3 Beds
1.5 Baths
1,153 Sq Ft
$1,718/Sq Ft Est. Value

Last Sold March 14, 2019

Last sale price $1,575,000 $1,366 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $12,391/month

15 Days on Market

Highlights

  • Sound Studio
  • City View
  • Wood Flooring
  • Ivanhoe Elementary Rated A-
  • Midcentury Modern Architecture
  • No HOA

About This Home

As of March 2019

The Thomas House, 1947. One of only two residential homes by noted modernist designer Alvin Lustig. Lustig's mid-century modern gem in the heart of Silver Lake has been well-preserved and restored by recent owners and offers a rare opportunity to acquire a historic work in one of LA's most coveted neighborhoods. Simple lines and thoughtful details work in unison to create a unique example of California modernism. Set up from the street with lovely views, the timeless modern design is on display in many forms with its "glass box" design bringing the outdoors inside through walls of glass and intersecting Redwood trellises. An open floor plan provides great connection between rooms as well as seamless flow to various outdoor spaces. 3 bedrooms and 2 bathrooms including a detached 300sf bonus space below the house with separate entrance. Prime location walking distance to the Silver Lake Reservoir as well as many of the area's best restaurants, shops & nightlife. Ivanhoe School District.

Last Agent to Sell the Property

Laura Marchetti

Compass License #01986062 Listed on: 02/14/2019

Compass

Co-Listed By

Rob Kallick

Compass License #01871966

Last Buyer's Agent

Laura Marchetti

Compass License #01986062

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,922

Year Built

  • Built in 1947

Lot Details

  • 6,397 Sq Ft Lot
  • Historic Home
  • Property is zoned LAR1

Property Views

  • City
  • Hills

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,153 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Home Office
  • Sound Studio
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5439-011-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,922

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1153
  • Stories: 1
  • Year Built: 1947
  • Number Of Photos: 43
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Storage Space
  • Flooring: Ceramic Tile, Hardwood, Stained Concrete
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Range/Oven, Washer
  • Price Per S Q F T: 1279.27

Exterior Features

  • Other Features: Historical
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City, Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5439-011-022
  • Geocode Override: No
  • Lot Size Area: 6397

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2019
Closed on
Mar 4, 2019
Sold by
Pecknold Robin and Ivan Hill Terrace Trust
Bought by
Karlduk Bayit Llc
Seller's Agent
Laura Marchetti
Compass
Buyer's Agent
Laura Marchetti
Compass
List Price
$1,475,000
Sold Price
$1,575,000
Premium/Discount to List
$100,000
6.78%
Current Estimated Value
$1,944,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,482
Avg. Annual Appreciation
3.54%

Purchase Details

Listed on
Jul 21, 2017
Closed on
Jun 23, 2017
Sold by
Romano Andrew and Ferrer Dustin
Bought by
Little Casey J and Ivan Hill Terrace Trust
Seller's Agent
Nate Cole
Suprstructur
Buyer's Agent
Laura Martinez
Compass
List Price
$1,395,000
Sold Price
$1,395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$1,000,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2013
Sold by
Hackman Keith Andrew and Hackman Lisa M
Bought by
Romano Andrew and Ferrer Dustin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2005
Sold by
Hackman K Andrew and Hackman Lisa M
Bought by
Hackman Keith Andrew and Hackman Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2004
Sold by
Hackman K Andrew and Hackman Lisa M
Bought by
Hackman K Andrew and Hackman Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 9, 1999
Sold by
Hackman K Andrew Giuntoli Lisa
Bought by
Hackman K Andrew and Giuntoli Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.25%
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
Karlduk Bayit Llc $1,575,000 None Available
Little Casey J $1,395,000 Ticor Title Company Of Ca
Romano Andrew $830,000 Ticor Title Co
Hackman Keith Andrew -- First American Title Company
Hackman K Andrew -- Fidelity National Lenders So
Hackman K Andrew -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Little Casey J $1,000,000
Previous Owner Romano Andrew $581,000
Previous Owner Hackman Keith Andrew $430,000
Previous Owner Hackman Keith Andrew $112,500
Previous Owner Hackman K Andrew $125,000
Previous Owner Hackman K Andrew $100,000
Previous Owner Hackman K Andrew $50,000
Previous Owner Hackman K Andrew $350,000
Previous Owner Hackman K Andrew $93,700
Previous Owner Hackman K Andrew $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2019 03/14/19 Sold $1,575,000 +6.8% $1,366 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
02/14/2019 02/14/19 For Sale $1,475,000 +5.7% $1,279 / Sq Ft
07/24/2017 07/24/17 Sold $1,395,000 0.0% $984 / Sq Ft
07/22/2017 07/22/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $1,395,000 -- $984 / 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 $20,922 $1,756,936 $1,405,551 $351,385
2024 $20,922 $1,722,488 $1,377,992 $344,496
2023 $20,512 $1,688,715 $1,350,973 $337,742
2022 $19,549 $1,655,604 $1,324,484 $331,120
2021 $19,319 $1,623,142 $1,298,514 $324,628
2019 $1,819 $1,422,900 $1,107,822 $315,078
2018 $16,896 $1,395,000 $1,086,100 $308,900
2016 $10,481 $863,392 $690,715 $172,677
2015 $10,328 $850,424 $680,340 $170,084
2014 $10,363 $833,767 $667,014 $166,753
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-433910

The MLS

APN: 5439-011-022