1516 Westerly Terrace Los Angeles, CA 90026

$853,000 Sold Price as of 09/21/2016

2 Beds
1 Baths
767 Sq.Ft.

Off Market

$853,000 Sold Price as of 09/21/2016 Refinance Your Mortgage

Map preview of 1516 Westerly Terrace, Los Angeles, CA 90026

Property Overview: 1516 Westerly Terrace Los Angeles, CA has 2 bedrooms, 1 bathrooms, 767 living square feet and 2,390 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1516 Westerly Terrace is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1516 Westerly Terrace

Last sold for $853,000 on September 21st, 2016

June, 2017
Jun 2, 2017

Date

Sold

CRMLS: P0-316007099

$852,000

Price
Listing provided courtesy of CRMLS

Enter the private courtyard shaded by bright, flowering Bougainvillea and open the door into your romantic, Spanish oasis. Natural light floods the interior throughout the day and the setting sun is a magnificent backdrop to your al fresco dinners at home. A serene master bedroom with glass doors overlooks lush landscaping. The second bedroom makes for perfect guest quarters or creative office space. Host vibrant BBQs on your multi-level deck with views of the Silver Lake Hills. Don't feel like cooking? 2 blocks from Silver Lake Blvd, some of the city's best restaurants and shops are minutes away, including LAMill, Lake and L&E Oyster Bar. Your canine family members will enjoy your quick access to Silver Lake Dog Park and friends will love your proximity to Sunset Junction. Central HVAC and attached garage are the icing on the cake. This home has the original charm, serene privacy and sought-after location you've been dreaming about.

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September, 2016
Sep 21, 2016

Date

Sold (Public Records)

Public Records

$853,000

Price
April, 2007
Apr 20, 2007

Date

Sold (Public Records)

Public Records

$645,000

Price
April, 2007
Apr 20, 2007

Date

Sold

CRMLS: 12079785

$645,000

Price
Sep 12, 2006

Date

Active

CRMLS: 12079785

$669,000

Price
Listing provided courtesy of CRMLS

This Spanish Bungalow is in prime Sliverlake neighborhood. It's features include sliding glass doors in the cozy living room which lead to a magnificent muti-level redwood deck that offers peaceful mountain/hilltop views and even a peek a boo view of downtown. Enter through a private fenced patio or thru a 1-car attached garage. Light and airy throughout. New Central air and heating. Pergo flooring, wood burning fireplace in living room. Citrus trees in back yard. Stackable washer and dryer included. Don't let the sq.ft. scare you this house offers the best of indoor/outdoor living.

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June, 2006
Jun 15, 2006

Date

Expired

CRMLS: 12065177

$749,000

Price
Dec 17, 2005

Date

Active

CRMLS: 12065177

$749,000

Price
Listing provided courtesy of CRMLS

Artists' retreat in prime Silverlake neighborhood. This Spanish Bungalow's features include sliding glass doors in the cozy living room which lead to a magnificent multi-level redwood deck that offers peaceful mountain/hilltop views and even a peekaboo view of the city. Enter through a private fenced front patio or thru the 1-car attached garage. Light and airy throughout. Central Air and heat recently installed. Newer pergo flooring.Wood burning fireplace in living room. Wood Blinds and Base molding throughout home. 2 garden windows. Citrus trees. Stackable washer dryer.

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Tax History for 1516 Westerly Terrace

Assessed Value (2020): $904,147

Year	Land Value	Improved Value	Assessed Value
2020	$723,318	$180,829	$904,147

About 1516 Westerly Terrace

Detailed summary of property

1516 Westerly Terrace is a single family home in Los Angeles, CA 90026 and last sold on September 21, 2016 for $853,000. This house has 2 bedrooms, 1 bathrooms, roughly 767 living square feet, and sits on an approximately 2,390 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 23.84% lower than the current median priced home. 1516 Westerly Terrace was last sold on September 21, 2016 for $853,000. Local nearby listings include 738 N Vendome St, 2023 Kenilworth Ave and 1422-1 N Mohawk St. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 1516 Westerly Terrace Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1516 Westerly Terrace

Public county record property details

Beds: 2
Baths: 1
Year built: 1937
Sq. Ft.: 767
Lot Size: 2,390
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 223
APN: 5425-018-012

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,250,000

Median List Price/Sq.Ft.

$822

Median Sold Price

$1,217,000

Median Sold Price/Sq.Ft.

$985

Total Inventory

Median Sale to List Price %

101.5%

Avg Days on Market

Loan Type

Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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