NOT LISTED FOR SALE

5555 Terrace Dr La Crescenta, CA 91214

Estimated Value: $1,530,000 - $1,687,400

3 Beds
2 Baths
1,807 Sq Ft
$885/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $1,599,000 $885 Per Sq Ft

Current estimated payment $9,444/month

32 Days on Market

Highlights

  • Primary Bedroom Suite
  • Panoramic View
  • Midcentury Modern Architecture
  • Mountain Avenue Elementary School Rated A
  • 0.39 Acre Lot
  • Deck

About This Home

As of July 2024

Welcome to 5555 Terrace Drive, a stunning mid-century home in the beloved Briggs Terrace neighborhood. The show stopping unobstructed vistas stretching from the San Gabriel Valley to the San Fernando Valley, Downtown Los Angeles to Catalina Island and beyond will instantly draw you in.Only owned by two families since 1962, you will appreciate the timeless mid century lines with vaulted tongue and groove ceilings that perfectly complement the wall of glass, natural light and mesmerizing views that define this home. Architectural sophistication at its very best. Nestled under the protective canopy of mature oak trees, the water-wise landscaping surrounding 5555 Terrace Drive creates a serene and eco-friendly outdoor environment, enhancing the property's appeal with a sustainable and tranquil setting.Step inside to discover a recently updated 3 bedroom 2 bath home which seamlessly blends contemporary convenience with classic charm. The open floor plan with a modern kitchen and entertaining island which doubles as the central hub of the home. Sliders from the dining and living areas open to a sprawling deck which provides the perfect setting for al fresco dining and entertaining, further enhancing the seamless indoor-outdoor lifestyle this property offers. The massive stone fireplace creates a focal point and defines spaces yet doesn't take away from the open concept. Imagine a cozy fire on those chilly nights where you are above the clouds. Step down into the primary ensuite bedroom which is amply sized and takes advantage of the vistas with access to the deck and large windows. The larger of the two additional bedrooms features a sliding door which overlooks the front garden full of blooms and trees. For the discerning 60's aficionado seeking a serene retreat with modern amenities and unparalleled views, 5555 Terrace Drive is a rare find. Embrace the tranquility and privacy of this prime location while reveling in the timeless allure of mid-century living.

Last Agent to Sell the Property

Kerri Lewin

COMPASS License #01280172 Listed on: 05/13/2024

COMPASS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 0.39 Acre Lot
  • Wood Fence
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Panoramic
  • City Lights
  • Woods
  • Mountain
  • Hills
  • Valley
  • Neighborhood

Home Design

  • Midcentury Modern Architecture
  • Raised Foundation
  • Bitumen Roof

Interior Spaces

  • 1,807 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 3001
  • Assessor Parcel Number 5868011038

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Mountainous Community

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Year Built

Built in 1962 | Remodeled

Lot Details

0.39 Acres

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Appliances, washer and dryer
  • Property Attached: No
  • View: Yes
  • Architectural Style: Mid Century Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5868011038
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1807.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Stone Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Gas Starter
  • Levels: One
  • Price Per Square Foot: 884.89
  • Room Type: Living Room, Primary Suite, Kitchen
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: City Lights, Neighborhood, Valley, Trees/Woods, Panoramic, Mountain(s), Hills
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Bitumen
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Heating Type: Central, Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Mountainous, Hiking

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17042.00
  • Lot Size Acres: 0.3912

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17042.0000 Square Feet

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 3001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Jul 8, 2024
Sold by
Vincent Family Trust and Vincent Matthew
Bought by
Malarick Kevin and Matevosyan Tamara A
Seller's Agent
Kerri Lewin
COMPASS
List Price
$1,599,000
Sold Price
$1,599,000
Views
35
Current Estimated Value
$1,599,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350
Avg. Annual Appreciation
0.01%
Original Mortgage
$1,279,200
Outstanding Balance
$1,260,710
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$338,640

Purchase Details

Closed on
Aug 14, 2020
Sold by
Vincent Matthew and Vincent Emily
Bought by
Vincent Matthew and Vincent Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$826,493
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2017
Sold by
Vincent Matthew D and Vincent Emily S
Bought by
Vincent Matthew and Vincent Emily

Purchase Details

Listed on
Jan 13, 2017
Closed on
Feb 7, 2017
Sold by
Everence Trust Company
Bought by
Vincent Matthew D and Vincent3 Emily S
Seller's Agent
Anne Moser
Engel & Völkers La Canada
Buyer's Agent
Kerri Lewin
COMPASS
List Price
$1,110,000
Sold Price
$1,110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Original Mortgage
$888,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2016
Sold by
Mckay Lawrence B
Bought by
Everence Trust Company

Purchase Details

Closed on
Sep 2, 2016
Sold by
Mckay Lawrence B
Bought by
Ecumenical Prohect For International Coo

Purchase Details

Closed on
Apr 13, 2016
Sold by
Mckay Lawrence B
Bought by
Mckay Lawrence B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Malarick Kevin $1,599,000 Chicago Title Company
Vincent Matthew -- North American Title Company
Vincent Matthew -- None Available
Vincent Matthew D $1,110,000 Orange Coast Title
Everence Trust Company -- None Available
Ecumenical Prohect For International Coo -- None Available
Everance Trust Company -- None Available
Mckay Lawrence B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malarick Kevin $1,279,200
Previous Owner Vincent Matthew $826,493
Previous Owner Vincent Matthew D $888,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2024 07/16/24 Sold $1,599,000 0.0% $885 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
05/12/2024 05/12/24 For Sale $1,599,000 +44.1% $885 / Sq Ft
03/02/2017 03/02/17 Sold $1,110,000 0.0% $614 / Sq Ft View Prior Sale
02/24/2017 02/24/17 Pending -- -- --
01/13/2017 01/13/17 For Sale $1,110,000 -- $614 / Sq Ft
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 $14,465 $1,599,000 $1,343,400 $255,600
2024 $14,465 $1,262,986 $807,856 $455,130
2023 $14,044 $1,238,222 $792,016 $446,206
2022 $13,610 $1,213,944 $776,487 $437,457
2021 $13,252 $1,190,142 $761,262 $428,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-17623

Pasadena-Foothills Association of REALTORS®

APN: 5868-011-038

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