NOT LISTED FOR SALE

1011 Joels Place Los Angeles, CA 90012

Echo Park Neighborhood

Estimated Value: $1,630,000 - $1,838,000

3 Beds
4.5 Baths
2,375 Sq Ft
$712/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $1,545,000 $651 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $11,017/month

51 Days on Market

Highlights

  • New Construction
  • City Lights View
  • Bonus Room
  • Gated Community
  • Hilltop Location
  • High Ceiling

About This Home

As of February 2022

Welcome to Hilltop Homes at Echo Point, a collection of brand-new single-family residences with sweeping views of DTLA and the citys spectacular mountains. Located in a gated community atop the hillside above Elysian Park, these thoughtfully designed homes offer residents a secluded oasis set apart from the hustle and bustle, all while providing immediate proximity to LAs best urban amenities. Equipped with smart home features, custom designer finishes, and energy-efficient stainless steel appliances, Echo Point represents the best of luxury, turnkey living. Perfect for remote work, entertaining, and everyday life, each spacious house boasts flexible floor plans, plentiful decks, and patios, hard surface flooring throughout, and large picture windows flooded with natural light. Outfitted with 2 car garages, adjacent to a plethora of outdoor and urban activities, and a part of a vibrant local community, the Hilltop Homes at Echo Point are the best private retreats to call home. Located close to Highway 101, 110, and 5, as well as Dodger Stadium, Staples Center, Grand Central Market, Silver Lake, China Town, the Arts District, trendy restaurants and shops, and so much more. Low HOA with strong cash flow potential for rental opportunities.

Last Agent to Sell the Property

Elizabeth Clark

Douglas Elliman License #01811246 Listed on: 10/02/2021

Douglas Elliman

Co-Listed By

Jay Martinez

License #01954238

Last Buyer's Agent

David Holley

Keller Williams Larchmont License #01824499

Keller Williams Larchmont

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,557

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1,500 Sq Ft Lot
  • Cul-De-Sac
  • Gated Home
  • Hilltop Location
  • Property is zoned LARD1.5

HOA Fees

  • $189 Monthly HOA Fees

Interior Spaces

  • 2,375 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Dining Area
  • Den
  • Bonus Room
  • City Lights Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Electric Dryer Hookup

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Parking

  • 2 Car Garage
  • Automatic Gate

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • City Lot

Utilities

  • Air Conditioning
  • Central Heating
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5406-022-147

Community Details

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,557

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$189 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 2375
  • Planned Urban Dev: 0
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2021
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Mixed
  • Bedrooms: 3
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Dishwasher, Electric Dryer Hookup, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 650.53

Exterior Features

  • Other Features: Balcony, Energy Efficient, High Ceilings (9 Feet+)
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Covered Parking, Garage - 2 Car, Private Garage
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Community, Exterior Security Lights, Fire Sprinklers, Gated

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 189.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5406-022-147
  • Lot Description: Alley Paved, Fenced, Exterior Security Lights, Gated Community, Street Paved
  • Lot Location: City, Hillside, Hilltop, Cul-De-Sac
  • Lot Size Area: 1500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2021
Closed on
Feb 18, 2022
Sold by
White Knoll Group Llc
Bought by
Sanders Demetha
Seller's Agent
Elizabeth Clark
Douglas Elliman
Buyer's Agent
David Holley
Keller Williams Larchmont
List Price
$1,545,000
Sold Price
$1,545,000
Current Estimated Value
$1,691,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,403
Avg. Annual Appreciation
2.26%
Original Mortgage
$1,045,000
Outstanding Balance
$974,048
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$698,298

Purchase Details

Listed on
Oct 2, 2021
Closed on
Feb 7, 2022
Sold by
White Knoll Group Llc
Bought by
Sanders Demetha
Seller's Agent
Elizabeth Clark
Douglas Elliman
Buyer's Agent
David Holley
Keller Williams Larchmont
List Price
$1,545,000
Sold Price
$1,545,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,045,000
Outstanding Balance
$974,048
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$698,298
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sanders Demetha $1,545,000 First American Title Company O
Sanders Demetha $1,545,000 First American Title Company O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Demetha $1,045,000
Closed Sanders Demetha $1,045,000
Closed Sanders Demetha $1,045,000
Previous Owner White Knoll Group Llc $10,725,000
Previous Owner White Knoll Group Llc $17,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $1,545,000 0.0% $651 / Sq Ft
01/22/2022 01/22/22 For Sale $1,545,000 0.0% $651 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/15/2021 11/15/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $1,545,000 -- $651 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,557 $1,639,566 $1,199,165 $440,401
2024 $19,557 $1,607,418 $1,175,652 $431,766
2023 $19,174 $1,575,900 $1,152,600 $423,300
2022 $5,460 $460,493 $227,413 $233,080
2021 $5,394 $451,464 $222,954 $228,510
2020 $3,859 $318,168 $220,668 $97,500
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Elizabeth Clark

    Douglas Elliman

    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Jay Martinez

  • D

    Buyer's Agent in 2022

    David Holley

    Keller Williams Larchmont

    (860) 680-4147

    1 in this area

    5 Total Sales

    David Holley
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-790976

The MLS

APN: 5406-022-147

California Los Angeles County Los Angeles 90012 Echo Park

1011 Joels Place, Los Angeles, CA

This home is located at 1011 Joels Place, Los Angeles, CA 90012 since 02 October 2021 and is currently estimated at $1,691,403, approximately $712 per square foot. This property was built in 2021. 1011 Joels Place is a home located in Los Angeles County with nearby schools including Castelar Elementary School, Florence Nightingale Middle, and Ramón C. Cortines School of Visual and Performing Arts.

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