NOT LISTED FOR SALE

Estimated Value: $2,334,000 - $2,908,277

4 Beds
3 Baths
2,974 Sq Ft
$878/Sq Ft Est. Value

Highlights

  • Above Ground Spa
  • Fireplace in Primary Bedroom
  • Forced Air Heating and Cooling System
  • Ivanhoe Elementary Rated A-

About This Home

As of September 2019

Welcome to this mid-century architectural wonder, a redwood-lined family home among majestic trees and quiet streets in ultra-groovy Silver Lake. Limned in high wooden beams, embraced by greenery, flooded with light, this 2,974 SqFt. home has 4 bedrooms and 3 bathrooms on a 8704-square-foot lot within walking distance of Ivanhoe Elementary School and numerous shops and restaurants. Stand on the open deck and bask in the sunset and grill something delicious for dinner. Take the kids down the railroad-tie steps to play on the fort and the swings, or for a longer walk around Silver Lake or the hiking and biking paths, pony rides, and steam trains in nearby Griffith Park. With remodeled bathrooms, central HVAC, rooftop solar power, updated appliances and windows, and a 2-car garage with lots of storage, this hillside home retains all the mid-century charm it had when built in 1952. There are stately fireplaces on both floors, a full modern laundry, and two patio seating areas out back complete with an 8-seat whirlpool spa and gas-fed fire pit.The enormous master suite features two walk-in closets, a 6-foot-long whirlpool tub, and a steam shower. Sited just 10 minutes by car from Griffith Observatory & 15 minutes from Hollywood, this home is a Must See!

Last Agent to Rent the Property

Dick Davis

Cornerstone Real Estate Serv. License #00675908 Listed on: 09/05/2019

Last Renter's Agent

Dick Davis

Cornerstone Real Estate Serv. License #00675908 Listed on: 09/05/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 8,704 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Interior Spaces

  • 2,974 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Additional Features

  • Above Ground Spa
  • Forced Air Heating and Cooling System

Community Details

  • Not Applicable 1007242 Subdivision

Listing and Financial Details

  • Security Deposit $11,000
  • 12-Month Minimum Lease Term
  • Available 10/1/19
  • Assessor Parcel Number 5434037002

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

8,704 Sq Ft Lot

Parking

2

Rental Info

  • Cashiers Check: Credit Report, Security Deposit
  • Available Date: 2019-10-01
  • Credit Check: Yes
  • Deposit Security: 11000

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5434037002
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2974.00
  • Stories: 2
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 2.67
  • Room Type: Master Bathroom, Entry, Living Room, Master Bedroom
  • Spa Features: Above Ground

Exterior Features

  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Appliances: Refrigerator
  • Heating Type: Central, Forced Air
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 8704.00
  • Lot Size Acres: 0.2000

Multi Family

  • Lease Term: 12 Months
  • Lot Size Area: 8704.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2005
Sold by
Morrison Robert L and Morrison Amy L
Bought by
Reed Joseph and Reed Kristina
Current Estimated Value
$2,612,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$534,644
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$2,077,425

Purchase Details

Closed on
Oct 15, 1999
Sold by
Seto Allen John and Seto Teresa Lam
Bought by
Morrison Robert L and Morrison Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
7.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1999
Sold by
Hing Vincent C and Hing Cheryl Ann
Bought by
Seto Allen John and Seto Teresa Lam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
6.96%

Purchase Details

Closed on
Aug 31, 1995
Sold by
Hing Mary T and Jeu Janice
Bought by
Hing Vincent C and Hing Cheryl Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reed Joseph $1,200,000 Equity Title Company
Morrison Robert L $515,000 Southland Title Corporation
Seto Allen John $415,000 --
Hing Vincent C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Joseph $960,000
Previous Owner Morrison Robert L $265,000
Previous Owner Seto Allen John $373,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2019 09/18/19 Rented $7,950 0.0% --
09/15/2019 09/15/19 Under Contract -- -- --
09/05/2019 09/05/19 For Rent $7,950 -- --
Source: Pasadena-Foothills Association of REALTORS®

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 $29,727 $2,489,591 $1,867,194 $622,397
2024 $29,727 $2,440,777 $1,830,583 $610,194
2023 $29,146 $2,392,920 $1,794,690 $598,230
2022 $27,781 $2,346,000 $1,759,500 $586,500
2021 $18,137 $1,515,006 $1,167,821 $347,185
2019 $17,591 $1,470,073 $1,133,184 $336,889
2018 $17,497 $1,441,249 $1,110,965 $330,284
2016 $16,722 $1,385,285 $1,067,826 $317,459
2015 $16,476 $1,364,478 $1,051,787 $312,691
2014 $14,590 $1,179,000 $909,000 $270,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819004154

Pasadena-Foothills Association of REALTORS®

APN: 5434-037-002

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