NOT LISTED FOR SALE

3124 Silverado Dr Los Angeles, CA 90039

Estimated Value: $2,085,000 - $2,386,000

4 Beds
3 Baths
2,171 Sq Ft
$1,031/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $1,824,000 $840 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $13,812/month

74 Days on Market

Highlights

  • View of Trees or Woods
  • Traditional Architecture
  • No HOA
  • Ivanhoe Elementary Rated A-
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of November 2022

Located in the vibrantly diverse, creative, and affluent neighborhood of Silver Lake, where the tradition of saying hello to your neighbors is still alive and well. The neighborhood offers some of the best of LA living, with proximity to Hollywood and Downtown LA, incredibly lush, green hilltop views, independent boutique shopping, farmers market, and an increasingly popular dining scene. Above all, Silver Lake is authentic. Located on Silverado Drive and within the prestigious Ivanhoe Elementary school boundaries, we are pleased to offer a 4 bedroom, 3 bath traditional home on a rare double lot with a separate guest level with street-to-street access. This uniquely private home is surrounded by mature trees and a variety of rich landscaping among the terraced lot. The main floor has original hardwood floors, three bedrooms including two well-appointed baths, dining room, and kitchen with a gallery living room. The living room is enhanced by a fireplace and transitions seamlessly to a beautiful, serene outdoor living space complete with your own waterfall. The lower level of the property is the guest level with sleeping quarters, a built-in closet, living room, full kitchen, bathroom, and private entry. A private 2-car garage with a 2-car driveway rounds out this traditional property with even more potential for expansion. This rare double lot property is a must-see. Exclusion: Ceiling fans, TVs, and potted plants are not included in the sale of the property. Standard Disclosure: Broker and broker's agents do not represent or guarantee the accuracy of the square footage, bedroom/bathroom count, lot size/dimensions, permitted or unpermitted spaces, or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information through personal inspection with appropriate professionals to satisfy themselves and rely only on that. The buyer is responsible to determine which public elementary school district the house resides in.

Last Agent to Sell the Property

Michael Martin

Corcoran Icon Properties License #00956703 Listed on: 07/21/2022

Corcoran Icon Properties

Last Buyer's Agent

Mike McGill

Compass License #02015423

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,651

Year Built

  • Built in 1939

Lot Details

  • 9,966 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • Woods
  • Trees
  • Canyon
  • Hills
  • Park or Greenbelt

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,171 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Library
  • Utility Room
  • Laundry closet

Kitchen

  • Breakfast Room
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Side by Side Parking
  • Driveway

Additional Features

  • Solar Heating System
  • Covered Patio or Porch
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5432-028-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,651

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2171
  • Lot Acreage: 0.2288
  • Probate: No
  • Stories: 2
  • Year Built: 1939
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Wood Burning
  • Flooring: Wood, Tile
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Area, Breakfast Nook, Breakfast Room, Dining Area, In Kitchen
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Refrigerator, Ceiling Fan, Built-Ins
  • Fireplace: Yes
  • Price Per S Q F T: 899.59

Exterior Features

  • Other Structures: None
  • Patio: Covered
  • Pool: No
  • Spa Yn: No
  • View: Hills, Green Belt, Canyon, Trees/Woods, Tree Top
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Side By Side, Driveway - Concrete, Garage, Private Garage
  • Total Parking: 2

Utilities

  • Heating: Central, Solar

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5432-028-008
  • Lot Size Area: 9966

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Oct 10, 2022
Sold by
Butler Ricky Lee
Bought by
Kuchaculla Pritha and Hussain Syed Asger
Seller's Agent
Michael Martin
Corcoran Icon Properties
Buyer's Agent
Mike McGill
Compass
List Price
$2,150,000
Sold Price
$1,824,000
Premium/Discount to List
-$326,000
-15.16%
Views
14
Current Estimated Value
$2,238,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,151
Avg. Annual Appreciation
6.44%
Original Mortgage
$1,459,200
Outstanding Balance
$1,415,172
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$761,187

Purchase Details

Closed on
Apr 15, 1994
Sold by
Dejesus Ben D and Dejesus Ben B
Bought by
Butler Ricky Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
8.37%

Purchase Details

Closed on
Oct 14, 1993
Sold by
Dejesus Adela B
Bought by
Dejesus Ben D and Dejesus Ben B
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
Kuchaculla Pritha $1,824,000 Stewart Title Company
Butler Ricky Lee $246,000 First American Title Company
Dejesus Ben D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuchaculla Pritha $1,459,200
Previous Owner Butler Ricky Lee $580,000
Previous Owner Butler Ricky Lee $525,000
Previous Owner Butler Ricky Lee $328,707
Previous Owner Butler Ricky Lee $360,500
Previous Owner Butler Ricky Lee $360,000
Previous Owner Johanknecht Steven $468,750
Previous Owner Butler Ricky Lee $345,000
Previous Owner Butler Ricky Lee $221,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Sold $1,824,000 -6.6% $840 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
08/10/2022 08/10/22 Price Changed $1,953,000 -9.2% $900 / Sq Ft
07/21/2022 07/21/22 For Sale $2,150,000 -- $990 / 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 $22,651 $1,897,689 $1,456,560 $441,129
2024 $22,651 $1,860,480 $1,428,000 $432,480
2023 $22,208 $1,824,000 $1,400,000 $424,000
2022 $9,550 $522,310 $316,555 $205,755
2021 $9,463 $512,070 $310,349 $201,721
2019 $6,056 $496,884 $301,145 $195,739
2018 $5,987 $487,142 $295,241 $191,901
2016 $5,705 $468,227 $283,777 $184,450
2015 $5,622 $461,195 $279,515 $181,680
2014 $5,646 $452,162 $274,040 $178,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-179111

The MLS

APN: 5432-028-008