971 Terrace 49 Los Angeles, CA 90042

$888,000 Sold Price as of 03/23/2010

4 Beds
3 Baths
2,460 Sq.Ft.

Off Market

$888,000 Sold Price as of 03/23/2010 Refinance Your Mortgage

Map preview of 971 Terrace 49, Los Angeles, CA 90042

Property Overview: 971 Terrace 49 Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,460 living square feet and 17,651 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

971 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 971 Terrace 49

Last sold for $888,000 on March 23rd, 2010

March, 2010
Mar 23, 2010

Date

Sold (Public Records)

Public Records

$888,000

Price
July, 2005
Jul 26, 2005

Date

Sold (Public Records)

Public Records

$1,099,000

Price
July, 2005
Jul 26, 2005

Date

Sold

CRMLS: 12054761

$1,099,000

Price
Jun 1, 2005

Date

Active

CRMLS: 12054761

$1,118,000

Price
Listing provided courtesy of CRMLS

This tropical Craftsman paradise is set on over 17,000 SQFT of lushly landscaped grounds. Groves of rare specimen palms create a sheltering canopy that frames awe inspiring views of the local mountains. The view from every window beckons you to meander through the many intriguing terraces, fountains and statuary that envelop this haven. An open airy living room, den and wonderful formal dining room have picturesque fireplaces, built-ins, detailed molding and wood floors. Beautiful French doors gracefully welcome the fragrance of gardens and summon relaxation. The gourmet kitchen and lovely baths have been beautifully updated and honor the home's mystique. Overwhelm yourself upstairs with the casual elegance of the master retreat with a sitting room that hints of Hemingway; and vibrant displays of nature's palette in the Asian inspired bath and additional 2 bedrooms. A lovely detached guest unit is the perfect work studio or idyllic separate living quarters. Mount Washington schools!

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Tax History for 971 Terrace 49

Assessed Value (2020): $1,069,408

Year	Land Value	Improved Value	Assessed Value
2020	$734,138	$335,270	$1,069,408

About 971 Terrace 49

Detailed summary of property

971 Terrace 49 is categorized with a use code of Duplex (2 Units, Any Combination) in Los Angeles, CA 90042 and last sold on March 23, 2010 for $888,000. This property has 4 bedrooms, 3 bathrooms, roughly 2,460 living square feet, and sits on an approximately 17,651 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 20.71% lower than the current median priced home. 971 Terrace 49 was last sold on March 23, 2010 for $888,000. 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 971 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 971 Terrace 49

Public county record property details

Beds: 4
Baths: 3
Year built: 1910
Sq. Ft.: 2,460
Lot Size: 17,651
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 9-10
APN: 5475-012-028

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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