NOT LISTED FOR SALE

649 Laveta Terrace Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $992,000 - $1,099,000

2 Beds
2 Baths
858 Sq Ft
$1,224/Sq Ft Est. Value

Last Sold August 25, 2015

Last sale price $750,000 $874 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,429/month

14 Days on Market

Highlights

  • City Lights View
  • Bonus Room
  • 2 Car Detached Garage
  • Wood Flooring
  • Home Office
  • Breakfast Bar

About This Home

As of August 2015

A modern reinterpretation of a 1920's Bungalow located in historic Angeleno Heights, the perfect blend of original charm and modern amenities. This crush-worthy home includes a bright, open floor plan with hardwood floors, exposed brick, and period details. Swoon over two well-appointed bathrooms, a split system heat/AC, and an entertainer's kitchen w/ custom cabinets, nonporous counter tops, and stainless appliances. A separate structure is ideal for a home office or meditation room, and flows out to the outdoor dining/BBQ area, all leading up to a view deck. Namaste. Detached, one-car garage houses the washer/dryer and is perfect for extra storage. Stroll to Sunset Blvd. with all its beloved shops and restaurants, including Dinette & Ostrich Farm, Gold Room, and the Friday night Farmers' Market.

Last Agent to Sell the Property

Alyssa Valentine

Compass License #01517618 Listed on: 07/09/2015

Compass

Co-Listed By

Courtney Smith

Compass License #01406768

Last Buyer's Agent

Allie Altschuler

License #01964675

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,593

Year Built

  • Built in 1920

Lot Details

  • 4,137 Sq Ft Lot
  • Property is zoned LARD3

Property Views

  • City Lights
  • Trees

Home Design

  • Bungalow

Interior Spaces

  • 858 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Home Office
  • Bonus Room
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Outdoor Features

  • Open Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 5405-006-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,593

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: No showings until first open house - Sunday 7/12 2-5p, Tues 7/14 11-2p, Thur 7/16 5-6p, Sat 7/18 10-11a, Sun 7/19 2-5p. Offer deadline is Monday 7/20 at 3pm. Please email hello@courtneyandkurt.com for offer guidelines. Property is located in HPOZ. Seller is a licensed Real Estate agent.
  • Living Area: 858
  • Lot Acreage: 0.0950
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1920
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: In Kitchen
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 756.41

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Detached, Garage - 1 Car, Shared Driveway
  • Total Parking: 2

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5405-006-021
  • Geocode Override: No
  • Lot Size Area: 4137

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2020
Sold by
Schwartz Trevor Aaron
Bought by
Zernik Rachel Hadass
Current Estimated Value
$1,050,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,000
Outstanding Balance
$555,645
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$494,384

Purchase Details

Listed on
Jul 9, 2015
Closed on
Jul 27, 2015
Sold by
Hood Blake
Bought by
Zernik Rachel Hadass
Seller's Agent
Alyssa Valentine
Compass
Buyer's Agent
Allie Altschuler
List Price
$649,000
Sold Price
$750,000
Premium/Discount to List
$101,000
15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.40%
Original Mortgage
$600,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2012
Closed on
Nov 13, 2012
Sold by
Raymond Garey
Bought by
Hood Blake
Seller's Agent
Benjamin Shapiro
Nourmand & Associates-BH
Buyer's Agent
Courtney Smith
Compass
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.80%
Original Mortgage
$370,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2003
Sold by
Reconco Oscar
Bought by
Raymond Garey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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
Zernik Rachel Hadass -- First American Title Company
Zernik Rachel Hadass $750,000 Lawyers Title
Hood Blake $397,000 Equity Title Los Angeles
Raymond Garey $335,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zernik Rachel Hadass $623,000
Closed Zernik Rachel Hadass $600,000
Previous Owner Hood Blake $370,000
Previous Owner Raymond Garey $314,000
Previous Owner Raymond Garey $299,000
Previous Owner Raymond Garey $268,000
Previous Owner Reconco Oscar $148,000
Previous Owner Reconco Oscar $120,000
Closed Raymond Garey $33,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2015 08/25/15 Sold $750,000 +15.6% $874 / Sq Ft
07/23/2015 07/23/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $649,000 +64.3% $756 / Sq Ft
12/14/2012 12/14/12 Sold $395,000 -1.0% $460 / Sq Ft
06/11/2012 06/11/12 For Sale $399,000 -- $465 / 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 $10,593 $887,841 $665,882 $221,959
2024 $10,593 $870,433 $652,826 $217,607
2023 $10,386 $853,367 $640,026 $213,341
2022 $9,897 $836,635 $627,477 $209,158
2021 $9,778 $820,231 $615,174 $205,057
2019 $9,482 $795,905 $596,929 $198,976
2018 $9,450 $780,300 $585,225 $195,075
2016 $9,039 $750,000 $562,500 $187,500
2015 $4,949 $406,768 $325,415 $81,353
2014 $4,971 $398,801 $319,041 $79,760
Source: Public Records

Agents Affiliated with this Home

  • Alyssa Valentine

    Seller's Agent in 2015

    Alyssa Valentine

    Compass

    (310) 428-7751

    10 in this area

    99 Total Sales

    Alyssa Valentine
    Section Image

  • C

    Seller Co-Listing Agent in 2015

    Courtney Smith

    Compass

    Section Image
  • Allie Altschuler

    Buyer's Agent in 2015

    Allie Altschuler

    (626) 484-9640

    2 in this area

    26 Total Sales

    Allie Altschuler
    Section Image
  • Benjamin Shapiro

    Seller's Agent in 2012

    Benjamin Shapiro

    Nourmand & Associates-BH

    (323) 762-2508

    3 in this area

    18 Total Sales

    Benjamin Shapiro
    Section Image
  • Kurt Wisner

    Buyer Co-Listing Agent in 2012

    Kurt Wisner

    Compass

    (323) 841-3839

    33 in this area

    396 Total Sales

    Kurt Wisner
    Section Image
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Map

Source: The MLS

MLS Number: 15-921535

The MLS

APN: 5405-006-021

California Los Angeles County Los Angeles 90026 Echo Park

649 Laveta Terrace, Los Angeles, CA

This home is located at 649 Laveta Terrace, Los Angeles, CA 90026 since 09 July 2015 and is currently estimated at $1,050,029, approximately $1,223 per square foot. This property was built in 1920. 649 Laveta Terrace is a home located in Los Angeles County with nearby schools including Logan Academy of Global Ecology, Belmont High School, and Ramón C. Cortines School of Visual and Performing Arts.

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