NOT LISTED FOR SALE

962 Terrace 49 Los Angeles, CA 90042

Mount Washington Neighborhood

Estimated Value: $1,180,000 - $1,547,000

2 Beds
1 Bath
968 Sq Ft
$1,344/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $890,000 $919 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,877/month

14 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • No HOA
  • Mt. Washington Elementary Rated A-
  • Wood Flooring
  • 4-minute walk to Cleland Park

About This Home

As of March 2018

This sweet little sanctuary, located in the coveted Mt. Washington Elementary School District, is the kind of home that draws you in before you step through the front door. Strolling through the garden, you'll be welcomed by over 32 flowers herbs and trees that create a vibrant landscape bursting with aromas of lemon verbena, sage and rosemary. When you step inside, you'll be greeted by a large living room featuring hardwood floors and exquisite hardware from around the world. Soon you'll realize everywhere you look, no detail has been spared - gorgeous slate tile and towel warmers in the bathroom, pocket doors throughout, Dutch doors in the kitchen, and two private bedrooms with French doors that lead to a lush flat backyard. The backyard is another garden oasis ideal for entertaining or Sunday afternoons of tending fruit trees of lemon, lime, fig, orange, and grapefruit to name a few. Walkable to Cleland Park and mere minutes to all the action on Figueroa, York and Downtown.

Last Agent to Sell the Property

Bradley Holmes

Compass License #01930471 Listed on: 02/08/2018

Compass

Last Buyer's Agent

Courtney Poulos

ACME Real Estate License #01882678

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,798

Year Built

  • Built in 1949

Lot Details

  • 7,461 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Traditional Architecture

Interior Spaces

  • 968 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Wood Flooring
  • Mountain Views
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5475-011-036

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,798

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 968
  • Stories: 1
  • Year Built: 1949
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 0
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: Outside
  • Total Bathrooms: 1.00
  • Equipment: Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 762.40

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway - Concrete, Garage - 2 Car, Garage Is Detached

Utilities

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5475-011-036
  • Geocode Override: No
  • Lot Size Area: 7461

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2018
Closed on
Mar 2, 2018
Sold by
Nadeau John C
Bought by
Cumings Chelsea and Steiger Jett
Seller's Agent
Bradley Holmes
Compass
Buyer's Agent
Courtney Poulos
ACME Real Estate
List Price
$738,000
Sold Price
$890,000
Premium/Discount to List
$152,000
20.6%
Current Estimated Value
$1,301,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,102
Avg. Annual Appreciation
5.14%
Original Mortgage
$120,460
Outstanding Balance
$103,273
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,197,829

Purchase Details

Closed on
Apr 13, 2012
Sold by
Nadeau John C and Nadeau John
Bought by
Nadeau John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,400
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2009
Sold by
First Federal Bank Of California
Bought by
Nadeau John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.06%
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
Cumings Chelsea $890,000 Stewart Title
Nadeau John C -- Stewart Title
Nadeau John C -- Ticor Title Company
Nadeau John $295,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nadeau John C $120,460
Open Cumings Chelsea $679,650
Previous Owner Nadeau John C $231,400
Previous Owner Nadeau John $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $890,000 +20.6% $919 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $738,000 -- $762 / 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 $12,798 $1,066,783 $790,561 $276,222
2024 $12,798 $1,045,866 $775,060 $270,806
2023 $12,549 $1,025,360 $759,863 $265,497
2022 $11,330 $954,256 $744,964 $209,292
2021 $11,195 $935,546 $730,357 $205,189
2019 $10,858 $907,800 $708,696 $199,104
2018 $4,146 $333,867 $267,095 $66,772
2016 $3,959 $320,904 $256,724 $64,180
2015 $3,902 $316,084 $252,868 $63,216
2014 $3,923 $309,893 $247,915 $61,978
Source: Public Records

Agents Affiliated with this Home

  • Bradley Holmes

    Seller's Agent in 2018

    Bradley Holmes

    Compass

    (323) 673-1001

    21 in this area

    139 Total Sales

    Bradley Holmes
    Section Image
  • Courtney Poulos

    Buyer's Agent in 2018

    Courtney Poulos

    ACME Real Estate

    (323) 919-0375

    8 in this area

    216 Total Sales

    Courtney Poulos
    Section Image
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Map

Source: The MLS

MLS Number: 18-311118

The MLS

APN: 5475-011-036

California Los Angeles County Los Angeles 90042 Mount Washington

962 Terrace 49, Los Angeles, CA

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