NOT LISTED FOR SALE

567 Meridian Terrace Los Angeles, CA 90042

Estimated Value: $1,053,000 - $1,313,000

2 Beds
2 Baths
884 Sq Ft
$1,355/Sq Ft Est. Value

Last Sold September 04, 2014

Last sale price $642,000 $726 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $7,043/month

8 Days on Market

Highlights

  • Art Studio
  • City Lights View
  • Wood Flooring
  • Cabana
  • Living Room with Fireplace
  • Bonus Room

About This Home

As of September 2014

Cool off in L.A.'s hottest urban hipster 'hood with this rarest of rarities: a sunny, move-in-ready house with a swimmer's pool and breezy view. This gem lives larger thanks to a poolside cabana and bonus areas with bath, laundry and office / studio / what-have-you? space. 2 bedrooms and adjoining bath with skylight in main house, plus second bath in bonus area. Hardwood flooring; French doors; stainless and butcher block kitchen. Quiet area. Simply elegant and serene. Exudes a beach-house in-the-city vibe. Owners are real estate licensees. Need some spice? Roll down the hill to the fresh, vibrant action on York or Figueroa.

Last Agent to Sell the Property

Richard Stanley

Coldwell Banker Realty License #00971211 Listed on: 07/23/2014

Coldwell Banker Realty

Last Buyer's Agent

Chris Corkum

Compass License #01480053

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,259

Year Built

  • Built in 1923

Lot Details

  • 4,600 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Cottage

Interior Spaces

  • 884 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Bonus Room
  • Art Studio
  • City Lights Views
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Tandem Parking
  • Uncovered Parking

Pool

  • Cabana
  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5486-011-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,259

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Street Number Display: Yes
  • Living Area: 884
  • Stories: 1
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Vinyl
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Outside, Room
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Dishwasher, Hood Fan
  • Price Per S Q F T: 650.45

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Tandem, Uncovered

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 5486-011-033
  • Geocode Override: No
  • Lot Size Area: 4600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2014
Closed on
Aug 8, 2014
Sold by
Marienthal Kim L
Bought by
Kohn Lisa
Seller's Agent
Richard Stanley
Coldwell Banker Realty
Buyer's Agent
Chris Corkum
Compass
List Price
$575,000
Sold Price
$642,000
Premium/Discount to List
$67,000
11.65%
Current Estimated Value
$1,198,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$556,230
Avg. Annual Appreciation
5.76%
Original Mortgage
$513,600
Outstanding Balance
$165,815
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,032,415

Purchase Details

Closed on
Oct 7, 2013
Sold by
Burciaga Maria Dejesus
Bought by
Marienthal Kim L and Marienthal Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,250
Interest Rate
2.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 12, 2004
Sold by
Burciaga Eufemio
Bought by
Burciaga Maria Dejesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 1995
Sold by
Federal National Mortgage Association
Bought by
Burciaga Eufemio and Burciaga Maria Dejesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,800
Interest Rate
8.47%

Purchase Details

Closed on
Mar 1, 1995
Sold by
Konieczny Jerzy and Murawska Alina
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,800
Interest Rate
8.47%

Purchase Details

Closed on
May 7, 1994
Sold by
Konieczny Jerzy
Bought by
Boston Harbor Corp
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
Kohn Lisa $642,000 Equity Title
Marienthal Kim L $407,500 Western Resources Title
Burciaga Maria Dejesus -- Stewart Title
Burciaga Maria Dejesus -- --
Burciaga Eufemio $121,000 United Title
Federal National Mortgage Association $97,650 Stewart Title
Boston Harbor Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kohn Lisa $513,600
Previous Owner Marienthal Kim L $282,250
Previous Owner Burciaga Maria Dejesus $110,000
Previous Owner Burciaga Eufemio $96,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2014 09/04/14 Sold $642,000 +11.7% $726 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $575,000 -- $650 / 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 $9,259 $771,575 $533,976 $237,599
2024 $9,259 $756,447 $523,506 $232,941
2023 $9,078 $741,616 $513,242 $228,374
2022 $8,652 $727,076 $503,179 $223,897
2021 $8,549 $712,820 $493,313 $219,507
2019 $8,291 $691,680 $478,682 $212,998
2018 $8,233 $678,119 $469,297 $208,822
2017 $0 $664,824 $460,096 $204,728
2016 $7,874 $651,789 $451,075 $200,714
2015 $7,758 $642,000 $444,300 $197,700
2014 $5,489 $407,500 $326,000 $81,500
Source: Public Records

Agents Affiliated with this Home

  • Richard Stanley

    Seller's Agent in 2014

    Richard Stanley

    Coldwell Banker Realty

    (213) 300-4567

    1 in this area

    38 Total Sales

    Richard Stanley
    Section Image
  • Chris Corkum

    Buyer's Agent in 2014

    Chris Corkum

    Compass

    (323) 665-1121

    7 in this area

    60 Total Sales

    Chris Corkum
    Section Image
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Map

Source: The MLS

MLS Number: 14-780157

The MLS

APN: 5486-011-033

California Los Angeles County Los Angeles 90042

567 Meridian Terrace, Los Angeles, CA

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