2440 Edgewater Terrace Los Angeles, CA 90039

$1,419,000 Sold Price as of 03/16/2020

2 Beds
1 Baths
1,287 Sq.Ft.

Off Market

$1,419,000 Sold Price as of 03/16/2020 Refinance Your Mortgage

Map preview of 2440 Edgewater Terrace, Los Angeles, CA 90039

Property Overview: 2440 Edgewater Terrace Los Angeles, CA has 2 bedrooms, 1 bathrooms, 1,287 living square feet and 8,607 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2440 Edgewater 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 $768. 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 2440 Edgewater Terrace

Last sold for $1,419,000 on March 16th, 2020

March, 2020
Mar 16, 2020

Date

Sold

CRMLS: 20551810

$1,418,800

Price
Feb 26, 2020

Date

Pending

CRMLS: 20551810

$1,200,000

Price
Feb 14, 2020

Date

Active Under Contract

CRMLS: 20551810

$1,200,000

Price
Feb 7, 2020

Date

Active

CRMLS: 20551810

$1,200,000

Price
Listing provided courtesy of CRMLS

This character filled 2-story cottage is located in the northeast corner of Prime Silver Lake, and has a "storied" past. The home is set above the street for privacy, and is entered through a spacious front sitting porch. Once inside, you cannot help but be struck by the extremely large living room with its towering ceilings, tall windows which afford tranquil views, and it's amazing and preserved, Batchelder tile fireplace. A gracious formal dining room opens to the professionally landscaped rear, hillside yard, which affords a variety of lounging and dining areas. There is a beautifully updated cook's kitchen with high-ceilings, Carrara marble counters and breakfast bar. First floor guest bedroom/office. Second floor bedroom with built-ins. Great location near the lake, Whole Foods, the public library, restaurants, clubs and public transportation. Once the home of Charles Bukowski, the property is mentioned in a number of his signed and dated writings. Ivanhoe Elementary.

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March, 2020
Mar 16, 2020

Date

Sold (Public Records)

Public Records

$1,419,000

Price
October, 1996
Oct 29, 1996

Date

Sold (Public Records)

Public Records

$230,000

Price

Tax History for 2440 Edgewater Terrace

Assessed Value (2020): $342,507

Year	Land Value	Improved Value	Assessed Value
2020	$232,313	$110,194	$342,507

About 2440 Edgewater Terrace

Detailed summary of property

2440 Edgewater Terrace is a single family home in Los Angeles, CA 90039 and last sold on March 16, 2020 for $1,419,000. This house has 2 bedrooms, 1 bathrooms, roughly 1,287 living square feet, and sits on an approximately 8,607 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 26.7% higher than the current median priced home. 2440 Edgewater Terrace was last sold on March 16, 2020 for $1,419,000. Local nearby listings include 2753 Waverly Dr #705, 2753 Waverly Dr #906 and 2403 Lanterman Terrace. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 2440 Edgewater Terrace Los Angeles, CA 90039 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2440 Edgewater Terrace

Public county record property details

Beds: 2
Baths: 1
Year built: 1906
Sq. Ft.: 1,287
Lot Size: 8,607
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 9
APN: 5439-014-008

The source for these homes facts are from public records.

90039 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,650,000

Median List Price/Sq.Ft.

$942

Median Sold Price

$1,059,000

Median Sold Price/Sq.Ft.

$873

Total Inventory

Median Sale to List Price %

96.36%

Avg Days on Market

Loan Type

Conventional (7.69%), FHA (0%), VA (0%), Cash (7.69%), Other (30.77%)

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