NOT LISTED FOR SALE

978 Terrace 49 Los Angeles, CA 90042

Mount Washington Neighborhood

Estimated Value: $1,056,000 - $1,365,000

3 Beds
1 Bath
1,167 Sq Ft
$1,079/Sq Ft Est. Value

Last Sold September 17, 2014

Last sale price $610,500 $523 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $7,261/month

16 Days on Market

Highlights

  • Canyon View
  • Contemporary Architecture
  • Floor Furnace
  • Mt. Washington Elementary Rated A-
  • Wood Flooring
  • 5-minute walk to Cleland Park

About This Home

As of September 2014

Great opportunity for a home with a pool in a great pocket of NELA. Located on one of the nicest streets in the 90042 zip code sitting at the border of Mt Washington and Highland Park. Fresh paint inside and outside. Hardwood floors throughout. New custom front door. 2 decorative fireplaces. Wooden deck leads to backyard that includes a refreshing pool plus yard which is great for entertaining on hot summer nights. 2 car garage and plenty of driveway parking behind an automatic gate that encloses the home.

Last Agent to Sell the Property

Jeffrey Bar

NELA Homes License #01919701 Listed on: 08/05/2014

Last Buyer's Agent

Karen Sharpe

Compass License #01950488

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,014

Year Built

  • Built in 1950

Lot Details

  • 6,440 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,167 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Wood Flooring
  • Canyon Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Driveway

Utilities

  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 5475-011-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,014

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 1167
  • Stories: 1
  • Year Built: 1950
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 513.28

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Canyon
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessor Parcel Number: 5475-011-032
  • Geocode Override: No
  • Lot Size Area: 6440

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2014
Closed on
Aug 26, 2014
Sold by
S & L Acquisitions Llc
Bought by
Perez Melissa
Seller's Agent
Jeffrey Bar
NELA Homes
Buyer's Agent
Karen Sharpe
Compass
List Price
$599,000
Sold Price
$610,500
Premium/Discount to List
$11,500
1.92%
Current Estimated Value
$1,243,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$633,256
Avg. Annual Appreciation
6.73%
Original Mortgage
$579,000
Outstanding Balance
$445,737
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$813,039

Purchase Details

Closed on
Apr 8, 2014
Sold by
Arias Johanna
Bought by
S & L Acquisitions Llc

Purchase Details

Closed on
Apr 4, 2006
Sold by
Roman Ruben V
Bought by
Bhatia Ravinder K and Arias Johanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,400
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 16, 2002
Sold by
Roman Ruben
Bought by
Roman Ruben and Roman Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,850
Interest Rate
6.7%

Purchase Details

Closed on
Nov 17, 2000
Sold by
Roman Ruben
Bought by
Roman Ruben and Roman Martha Elizabeth

Purchase Details

Closed on
May 10, 1999
Sold by
Heard Alice P
Bought by
Roman Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.84%
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
Perez Melissa $610,500 None Available
S & L Acquisitions Llc -- None Available
Bhatia Ravinder K $610,000 Equity Title Company
Roman Ruben -- United Title Company
Roman Ruben -- --
Roman Ruben $150,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Melissa $579,000
Previous Owner Bhatia Ravinder K $470,400
Previous Owner Roman Ruben $156,850
Previous Owner Roman Ruben $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2014 09/17/14 Sold $610,500 +1.9% $523 / Sq Ft
08/05/2014 08/05/14 For Sale $599,000 -- $513 / 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 $9,014 $733,718 $521,237 $212,481
2024 $8,916 $719,332 $511,017 $208,315
2023 $8,745 $705,229 $500,998 $204,231
2022 $8,339 $691,402 $491,175 $200,227
2021 $8,238 $677,846 $481,545 $196,301
2020 $8,321 $670,897 $476,608 $194,289
2019 $7,993 $657,743 $467,263 $190,480
2018 $7,868 $644,847 $458,101 $186,746
2016 $7,521 $619,809 $440,313 $179,496
2015 $7,411 $610,500 $433,700 $176,800
2014 $6,885 $553,000 $454,000 $99,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jeffrey Bar

    NELA Homes

    Section Image
  • Karen Sharpe

    Buyer's Agent in 2014

    Karen Sharpe

    Compass

    (323) 359-5024

    38 Total Sales

    Karen Sharpe
    Section Image
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Map

Source: The MLS

MLS Number: 14-783289

The MLS

APN: 5475-011-032

California Los Angeles County Los Angeles 90042 Mount Washington

978 Terrace 49, Los Angeles, CA

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