NOT LISTED FOR SALE

3201 Fernwood Ave Los Angeles, CA 90039

Estimated Value: $2,543,000 - $2,784,000

4 Beds
2.5 Baths
2,263 Sq Ft
$1,188/Sq Ft Est. Value

Last Sold December 04, 2019

Last sale price $2,144,200 $948 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $17,294/month

33 Days on Market

Highlights

  • View of Hills
  • Living Room with Fireplace
  • Wood Flooring
  • Ivanhoe Elementary Rated A-
  • Traditional Architecture
  • Bonus Room

About This Home

As of December 2019

Stunning 1937 Traditional style home tucked away in the prime Moreno Highlands area of Silver Lake. Lovingly maintained, it offers a modern feel with open floor plan and abundant natural light. 4 bedrooms and 2 1/2 baths plus a tranquil downstairs den and ample bonus space. Fireplaces in large living room and in the spacious downstairs area. Updated kitchen with Viking stove and stainless steel appliances. Gorgeous hardwood floors. Updated bathrooms. Central Air & Heat. Perfect for entertaining with great indoor/outdoor flow and two expansive decks to enjoy the sunsets and the gorgeous views of the surrounding hills. Private with gated entryway in front and a large, lush backyard with endless possibilities. 2 car garage with direct access. Newer systems. Ivanhoe School District. This is the house in Silver Lake you've been waiting for, and just in time for the holidays!

Last Agent to Sell the Property

Joseph Devarenne

Sotheby's International Realty License #01369564 Listed on: 10/30/2019

Sotheby's International Realty

Co-Listed By

Meredith Wick

Sotheby's International Realty License #01340482

Last Buyer's Agent

Brian Ades

Sotheby's International Realty License #01347985

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,859

Year Built

  • Built in 1937

Lot Details

  • 6,601 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Direct Access Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,263 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Views of Hills

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5431-007-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,859

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2263
  • Stories: 2
  • Year Built: 1937
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative, Den, Living Room
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 817.06

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Garage - 2 Car, Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5431-007-012
  • Geocode Override: No
  • Lot Size Area: 6601

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2020
Sold by
Tighe Laurence
Bought by
Tighe Laurence and Laurence Tighe Trust
Current Estimated Value
$2,747,724

Purchase Details

Listed on
Oct 30, 2019
Closed on
Nov 19, 2019
Sold by
Shayne David Richard and Sider Abigail
Bought by
Tighe Laurence
Seller's Agent
Joseph Devarenne
Sotheby's International Realty
Buyer's Agent
Brian Ades
Sotheby's International Realty
List Price
$1,849,000
Sold Price
$2,144,200
Premium/Discount to List
$295,200
15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%
Original Mortgage
$1,715,360
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2016
Sold by
Shayne David Richard
Bought by
Shayne David Richard and Sider Abigail

Purchase Details

Closed on
Oct 9, 2006
Sold by
Laur James D
Bought by
Shayne David Richard

Purchase Details

Closed on
Feb 11, 2005
Sold by
Brown Melvin A and Melvin A Brown Trust
Bought by
Laur James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$966,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2003
Sold by
Brown Melvin A
Bought by
Brown Melvin A and Melvin A Brown Trust

Purchase Details

Closed on
Aug 26, 2003
Sold by
Kolts Debra Anne
Bought by
Brown Melvin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.06%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 30, 1997
Sold by
Kolts Kenneth Warren
Bought by
Kolts Debra Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
7.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 11, 1995
Sold by
Kolts Debra Anne and Kolts Kenneth Warren
Bought by
Kolts Debra Anne

Purchase Details

Closed on
Feb 10, 1995
Sold by
Kolts Virginia B
Bought by
Kolts Debra Anne
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
Tighe Laurence -- None Available
Tighe Laurence $2,144,500 Lawyers Title Company
Shayne David Richard -- None Available
Shayne David Richard $1,350,000 Equity Title Company
Laur James D $1,380,000 California Title Company
Brown Melvin A -- --
Brown Melvin A -- --
Kolts Debra Anne $134,500 Orange Coast Title
Kolts Debra Anne -- --
Kolts Debra Anne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghe Laurence $1,698,750
Closed Tighe Laurence $1,715,360
Previous Owner Laur James D $966,000
Previous Owner Brown Melvin A $400,000
Previous Owner Kolts Debra Anne $125,000
Previous Owner Kolts Debra Anne $95,000
Previous Owner Kolts Debra Anne $127,500
Closed Kolts Debra Anne $60,000
Closed Laur James D $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2019 12/04/19 Sold $2,144,200 +16.0% $948 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
10/30/2019 10/30/19 For Sale $1,849,000 -- $817 / 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 $27,859 $2,344,990 $1,749,832 $595,158
2024 $27,859 $2,299,011 $1,715,522 $583,489
2023 $27,312 $2,253,934 $1,681,885 $572,049
2022 $26,029 $2,209,740 $1,648,907 $560,833
2021 $25,798 $2,166,413 $1,616,576 $549,837
2019 $19,374 $1,621,404 $900,781 $720,623
2018 $19,294 $1,589,613 $883,119 $706,494
2016 $18,454 $1,527,888 $848,827 $679,061
2015 $18,182 $1,504,938 $836,077 $668,861
2014 $17,438 $1,410,000 $783,000 $627,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-525264

The MLS

APN: 5431-007-012