962 Terrace 49 Los Angeles, CA 90042

$890,000 Sold Price as of 03/30/2018

2 Beds
1 Baths
968 Sq.Ft.

Off Market

$890,000 Sold Price as of 03/30/2018 Refinance Your Mortgage

Map preview of 962 Terrace 49, Los Angeles, CA 90042

Property Overview: 962 Terrace 49 Los Angeles, CA has 2 bedrooms, 1 bathrooms, 968 living square feet and 7,460 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

962 Terrace 49 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 962 Terrace 49

Last sold for $890,000 on March 30th, 2018

March, 2018
Mar 30, 2018

Date

Sold

CRMLS: 18311118

$890,000

Price
Feb 22, 2018

Date

Pending

CRMLS: 18311118

$738,000

Price
Feb 8, 2018

Date

Active

CRMLS: 18311118

$738,000

Price
Listing provided courtesy of CRMLS

This sweet little sanctuary, located in the coveted Mt. Washington Elementary School District, is the kind of home that draws you in before you step through the front door. Strolling through the garden, you'll be welcomed by over 32 flowers herbs and trees that create a vibrant landscape bursting with aromas of lemon verbena, sage and rosemary. When you step inside, you'll be greeted by a large living room featuring hardwood floors and exquisite hardware from around the world. Soon you'll realize everywhere you look, no detail has been spared - gorgeous slate tile and towel warmers in the bathroom, pocket doors throughout, Dutch doors in the kitchen, and two private bedrooms with French doors that lead to a lush flat backyard. The backyard is another garden oasis ideal for entertaining or Sunday afternoons of tending fruit trees of lemon, lime, fig, orange, and grapefruit to name a few. Walkable to Cleland Park and mere minutes to all the action on Figueroa, York and Downtown.

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March, 2018
Mar 30, 2018

Date

Sold (Public Records)

Public Records

$890,000

Price
April, 2009
Apr 10, 2009

Date

Sold (Public Records)

Public Records

$295,000

Price

Tax History for 962 Terrace 49

Assessed Value (2020): $925,955

Year	Land Value	Improved Value	Assessed Value
2020	$722,869	$203,086	$925,955

About 962 Terrace 49

Detailed summary of property

962 Terrace 49 is a single family home in Los Angeles, CA 90042 and last sold on March 30, 2018 for $890,000. This house has 2 bedrooms, 1 bathrooms, roughly 968 living square feet, and sits on an approximately 7,460 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 20.54% lower than the current median priced home. 962 Terrace 49 was last sold on March 30, 2018 for $890,000. Local nearby listings include 5025 Buchanan St, 733 Crane Blvd and 645 N Avenue 50. 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 962 Terrace 49 Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 962 Terrace 49

Public county record property details

Beds: 2
Baths: 1
Year built: 1949
Sq. Ft.: 968
Lot Size: 7,460
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 36
APN: 5475-011-036

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$999,000

Median List Price/Sq.Ft.

$807

Median Sold Price

$1,210,001

Median Sold Price/Sq.Ft.

$863

Total Inventory

122

Median Sale to List Price %

121.12%

Avg Days on Market

Loan Type

Conventional (20%), FHA (0%), VA (0%), Cash (16.67%), Other (16.67%)

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