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2299 Panorama Terrace

2299 Panorama Terrace, Los Angeles, CA 90039
Property in Silver Lake
Sold Nov 25, 2015
$1,425,500
$1,140,240 by Mufg Union Bank Na
Mortgage Due Dec 01, 2045
2299 Panorama Terrace has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1936 and is 88 years old. However, we must point out that the home was most recently renovated and altered in 1937. The home has a total of 7 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 2299 Panorama Terrace has 1,371 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,204 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2299 Panorama Terrace was last sold in Nov 18, 2015 for $1,425,500. According to our calculations, that's $1,039.75 per sqft. Current property owners are expected to pay $18,658 in taxes per year. The property on 2299 Panorama Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,621,744. To break that down further, the land itself was valued at $1,220,548. While improvements to the property were assessed at a total of $401,196. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,204
  • Lot Size Depth Feet: 750
  • Total Building Area: 1,371
  • Building Area: 1,371
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,371
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 572
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 572O LOT/SEC 335

Ownership

  • Current Owner : GILVARY MICHAEL PATRICK
  • Current Owner 2: WEIR CHRISTINE LEIGH
  • Previous Owner : VIDAL GUY
  • Previous Owner 2: VIDAL KAREN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 195100

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 35-B3
  • Subdivision Tract Number: 572
  • Parcel: 5432-031-012
  • Lot: 335
  • Municipality: EAST /LA SILVER LAKE
  • Latitude: 34.1012
  • Longitude: -118.271

    Address

  • Full Address: 2299 Panorama Ter
  • Address - House Number: 2299
  • Address - Street Name: Panorama
  • Address - Suffix Type: Ter
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C013
  • 4-Digit Zip Code: 3575
  • Zip Code: 90039

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,658
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2255
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,034,245
  • High Value: 2,493,078
  • Low Value: 1,575,412

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,140,240
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: Nov 25, 2015
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,140,240
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,621,744
  • Assessed Land Value: $1,220,548
  • Assessed Improvements Value: $401,196

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 18, 2015
  • Current Sale Recording Date: Nov 25, 2015
  • Current Sale Transaction ID: 1363643539
  • Current Sale Price: $1,425,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-1485530

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Nov 25, 2015
  • First Mortgage Loan Amount: $1,140,240
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Dec 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 2299 Panorama Terrace located in?
The 2299 Panorama Terrace is a located in the neighborhood of Silver Lake in East LA, Los Angeles.
What is the average sales price for listings in 2299 Panorama Terrace?
The average sales price for units in 2299 Panorama Terrace is $0 currently.

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