NOT LISTED FOR SALE

Estimated Value: $1,104,000 - $1,354,000

3 Beds
3 Baths
1,585 Sq Ft
$300/mo HOA Fee

Last Sold September 25, 2020

Last sale price $1,121,000 $707 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,843/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Open Floorplan
  • Ivanhoe Elementary Rated A-
  • 0.31 Acre Lot
  • End Unit

About This Home

As of September 2020

Gorgeous, tri-level townhouse in the heart of all that Silver Lake has to offer! Located just east of the Hyperion Bridge, this spacious and renovated property, set back from the street has an abundance of natural light and views of Rowena Reservoir, Griffith Park and the Observatory from every level. The front entry opens to a large living room with a fireplace, deck and 13 foot+ beamed ceilings! The updated kitchen has concrete countertops, tons of storage and stainless appliances and beautiful finishes and fixtures. The spacious dining area is part of the open concept with the kitchen and has direct access to the private, fenced, 2-level patio with lush landscaping. Upstairs the large, light-filled master bedroom has an en-suite bath, a balcony with those same, beautiful views as well as a literal wall of closet space. Two other bedrooms and a ¾ bath with skylights complete the top floor. The large, 2-car, detached garage sits just below the property. All this AND... Ivanhoe Elementary! Near all the favorite Silver Lake haunts, two blocks to Trader Joe's and Gelsons, with very easy freeway access. Located just before crossing the Hyperion Bridge.

Last Agent to Sell the Property

Jennifer Wenzlaff

Proper Dwelling License #01893083 Listed on: 08/13/2020

Last Buyer's Agent

Martin Genis

Forward One License #01052771

Forward One

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1982

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • City Lights
  • Reservoir
  • Mountain

Interior Spaces

  • 1,585 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Living Room with Fireplace
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Balcony
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 32175
  • Assessor Parcel Number 5434026044

Community Details

Overview

  • 4 Units
  • Vikenberg II Homeowners Association, Phone Number (323) 481-4437

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1982

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5434026044
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1585.00 Square Feet
  • Interior Amenities: Balcony, High Ceilings, Open Floorplan
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 707.26
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Master Suite

Exterior Features

  • View: City Lights, Mountain(s), Reservoir
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Water, Pets Permitted
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: VIKENBERG II HOMEOWNERS ASSOCIATION
  • Phone: 3234814437
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 13369.00
  • Lot Size Acres: 0.3069

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13369.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Census Tract: 1882.01
  • Tax Lot: 1
  • Tax Tract Number: 32175

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 22, 2020
Sold by
Frame David C P
Bought by
Kagan Michal Lali and Koufos James George
Seller's Agent
Jennifer Wenzlaff
Proper Dwelling
Buyer's Agent
Martin Genis
Forward One
List Price
$995,000
Sold Price
$1,121,000
Premium/Discount to List
$126,000
12.66%
Current Estimated Value
$1,210,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,171
Avg. Annual Appreciation
1.47%
Original Mortgage
$621,000
Outstanding Balance
$551,096
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$659,075

Purchase Details

Closed on
Feb 4, 2015
Sold by
Estate Of Eric M Klepsa
Bought by
Frame David C P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
3.57%
Mortgage Type
New Conventional
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
Kagan Michal Lali $1,121,000 Equity Title Company
Frame David C P -- Equity Title Company
Frame David C P $595,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kagan Michal Lali $621,000
Previous Owner Frame David C P $446,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $1,121,000 +12.7% $707 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $995,000 -- $628 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $14,426 $1,213,404 $865,945 $347,459
2024 $14,426 $1,189,613 $848,966 $340,647
2023 $14,143 $1,166,288 $832,320 $333,968
2022 $13,477 $1,143,420 $816,000 $327,420
2021 $13,394 $1,121,000 $800,000 $321,000
2020 $8,064 $653,864 $426,936 $226,928
2019 $7,744 $641,044 $418,565 $222,479
2018 $7,693 $628,475 $410,358 $218,117
2016 $7,349 $604,073 $394,424 $209,649
2015 $5,498 $448,791 $254,995 $193,796
2014 $3,373 $270,735 $81,281 $189,454
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF20152312

California Regional Multiple Listing Service (CRMLS)

APN: 5434-026-044