NOT LISTED FOR SALE

3019 Silver Lea Terrace Los Angeles, CA 90039

Estimated Value: $2,148,862 - $2,556,000

3 Beds
3 Baths
1,735 Sq Ft
$1,301/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $2,078,500 $1,198 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $14,162/month

14 Days on Market

Highlights

  • Two Primary Bedrooms
  • City Lights View
  • Wood Flooring
  • Ivanhoe Elementary Rated A-
  • Midcentury Modern Architecture
  • No HOA

About This Home

As of May 2023

A triumphant renovation of a 1958 mid-century by House of Rolison. Tucked into the hillside of the Moreno Highlands of Silver Lake, this 3BR/3BA home has been brought back to life with designer finishes and high-end style. As you enter through the front door, your eye is immediately drawn to the unobstructed views of the Griffith Park Observatory and the Hollywood Sign through the wall of glass. The first floor has an open floor plan and offers a large kitchen with gorgeous limestone countertops and custom cabinetry, dining area, and a large living room with glass sliders that open to the expansive deck that extends the width of the home. The entire space is light and bright with six skylights, white oak flooring, and custom woodwork. The first floor is complete with a guest bedroom and bathroom. Downstairs you will find two bedrooms with ensuite bathrooms and walk-in closets, the laundry room, and two decks. The backyard has been terraced offering a flat grassy pad, an outdoor dining area, and a large hillside yard perfect for a garden. Located in the ideal Silver Lake neighborhood close to the reservoir, Sunset Junction and many of the best east side shops and restaurants. Ivanhoe School district.

Last Agent to Sell the Property

Justin Freeling

Compass License #01927532 Listed on: 03/16/2023

Compass

Co-Listed By

Rob Kallick

Compass License #01871966

Last Buyer's Agent

Justin Feil

Berkshire Hathaway HomeServices California Properties License #01843291

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,655

Year Built

  • Built in 1958

Lot Details

  • 5,447 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • City Lights
  • Trees
  • Mountain
  • Hills

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,735 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Living Room
  • Dining Area
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Attached Carport Space

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5432-029-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,655

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 1735
  • Lot Acreage: 0.1250
  • Stories: 2
  • Year Built: 1958
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Mixed, Hardwood
  • Bedrooms: 3
  • Fireplaces: 0
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dryer, Dishwasher, Range/Oven, Refrigerator, Washer
  • Fireplace: No
  • Price Per S Q F T: 1149.86

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Hills, Tree Top, Mountains
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Carport Attached
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5432-029-014
  • Lot Size Area: 5447

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 18, 2023
Sold by
Socal Innovative Group Llc
Bought by
No Kwang Hwi
Seller's Agent
Justin Freeling
Compass
Buyer's Agent
Justin Feil
Berkshire Hathaway HomeServices California Properties
List Price
$1,995,000
Sold Price
$2,078,500
Premium/Discount to List
$83,500
4.19%
Views
106
Current Estimated Value
$2,256,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,216
Avg. Annual Appreciation
1.14%
Original Mortgage
$1,662,800
Outstanding Balance
$1,607,106
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$528,051

Purchase Details

Listed on
Jun 11, 2022
Closed on
Jul 27, 2022
Sold by
Roberta V Reyes Revocable Living Trust
Bought by
Socal Innovative Group Llc
Seller's Agent
Cheyenne Wilbur
COMPASS
Buyer's Agent
Cheyenne Wilbur
COMPASS
List Price
$1,550,000
Sold Price
$1,237,500
Premium/Discount to List
-$312,500
-20.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
107.58%
Original Mortgage
$1,445,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2019
Sold by
Reyes Roberta V
Bought by
Reyes Roberta V and Reyes Roberta V

Purchase Details

Closed on
Nov 5, 1999
Sold by
Reyes Jose
Bought by
Reyes Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.69%
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
No Kwang Hwi $2,078,500 Fidelity National Title
No Kwang Hwi -- Fidelity National Title
Socal Innovative Group Llc $1,237,500 Lawyers Title
Reyes Roberta V -- None Available
Reyes Roberta -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open No Kwang Hwi $1,662,800
Previous Owner Socal Innovative Group Llc $1,445,000
Previous Owner Reyes Roberta $938,250
Previous Owner Reyes Roberta $469,342
Previous Owner Reyes Roberta $105,000
Previous Owner Reyes Roberta $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $2,078,500 +4.2% $1,198 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $1,995,000 +61.2% $1,150 / Sq Ft
08/16/2022 08/16/22 Sold $1,237,500 -20.2% $821 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
06/11/2022 06/11/22 For Sale $1,550,000 -- $1,028 / 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 $25,655 $2,162,471 $1,729,977 $432,494
2024 $25,655 $2,120,070 $1,696,056 $424,014
2023 $15,063 $1,237,500 $950,000 $287,500
2022 $2,199 $110,833 $47,793 $63,040
2021 $1,398 $108,660 $46,856 $61,804
2019 $1,356 $105,439 $45,467 $59,972
2018 $1,319 $103,373 $44,576 $58,797
2016 $1,240 $99,361 $42,846 $56,515
2015 $1,223 $97,870 $42,203 $55,667
2014 $1,235 $95,954 $41,377 $54,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-251575

The MLS

APN: 5432-029-014