2516 Silver Lake Terrace Los Angeles, CA 90039

$2,600,000 Sold Price as of 07/12/2018

2 Beds
2 Baths
1,512 Sq.Ft.

Off Market

$2,600,000 Sold Price as of 07/12/2018 Refinance Your Mortgage

Map preview of 2516 Silver Lake Terrace, Los Angeles, CA 90039

Property Overview: 2516 Silver Lake Terrace Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,512 living square feet and 7,847 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2516 Silver Lake 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 $1,209,000. 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 $241,800 for the down payment and will need roughly $24,180 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 2516 Silver Lake Terrace

Last sold for $2,600,000 on July 12th, 2018

July, 2018
Jul 12, 2018

Date

Sold

CRMLS: 18351984

$2,600,000

Price
Jul 12, 2018

Date

Pending

CRMLS: 18351984

$2,350,000

Price
Jun 27, 2018

Date

Active Under Contract

CRMLS: 18351984

$2,350,000

Price
Jun 22, 2018

Date

Active

CRMLS: 18351984

$2,350,000

Price
Listing provided courtesy of CRMLS

A rare prize in Silver Lake, offered for the first time in over 40 years. This radiant Spanish villa circa 1934 occupies a hilltop promontory in the coveted Ivanhoe Elementary school district. Rising above a quiet cul-de-sac the lush, secluded compound with a sparkling pool is wrapped in history and commands breathtaking 360Ã‚Âº views. Abundant character details include arched pass-throughs, beamed ceilings, built-ins and a tiled fireplace. The remodeled chef's kitchen features a center island with prep sink, Sub-Zero refrigerator, Miele dishwasher and Viking Professional range. Flow is effortless to the flat rear patio, a sun-kissed private domain where you'll relax and gather with family and friends around the glistening pool and spa. The very best shopping, dining and nightlife in Silver Lake is remarkably close including Broome Street, Speranza, Edendale and more. Ivanhoe Elementary is mere blocks away along with neighborhood grocery stores Trader Joe's, Gelson's and Whole Foods 365.

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July, 2018
Jul 12, 2018

Date

Sold (Public Records)

Public Records

$2,600,000

Price
November, 2004
Nov 15, 2004

Date

Sold (Public Records)

Public Records

$975,000

Price

Tax History for 2516 Silver Lake Terrace

Assessed Value (2020): $2,346,000

Year	Land Value	Improved Value	Assessed Value
2020	$1,836,000	$510,000	$2,346,000

About 2516 Silver Lake Terrace

Detailed summary of property

2516 Silver Lake Terrace is a single family home in Los Angeles, CA 90039 and last sold on July 12, 2018 for $2,600,000. This house has 2 bedrooms, 2 bathrooms, roughly 1,512 living square feet, and sits on an approximately 7,847 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 132.14% higher than the current median priced home. 2516 Silver Lake Terrace was last sold on July 12, 2018 for $2,600,000. Local nearby listings include 3110 Hollydale Dr, 2371 Cove Ave and 2354 Panorama Terrace. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 2516 Silver Lake 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 2516 Silver Lake Terrace

Public county record property details

Beds: 2
Baths: 2
Year built: 1934
Sq. Ft.: 1,512
Lot Size: 7,847
Stories: --

Type: Single Family Residential
Pool: Yes
Spa: No
County: Los Angeles
Lot#: 33
APN: 5439-018-003

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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