NOT LISTED FOR SALE

Estimated Value: $1,675,000 - $2,431,928

4 Beds
3 Baths
2,421 Sq Ft
$880/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $1,850,000 $764 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $13,160/month

14 Days on Market

Highlights

  • Art Studio
  • In Ground Pool
  • No HOA
  • John Marshall Senior High Rated A
  • Craftsman Architecture
  • Laundry Room

About This Home

As of July 2020

Between Silver Lake and Echo Park, you can have it all with this incredibly rare offering: Two reinvented detached Craftsman houses on an oversized lot with a pool, an artist's studio and a romantic backyard. The front house has 3 beds, 2 baths and a separate guest room. The open concept effortlessly blends contemporary elements with original details. The remodeled kitchen has a huge center island, a Bertazonni range and a farmhouse sink. The master suite occupies the entire upstairs and offers a wonderful retreat secluded from the rest of the house. The back house is an independent 1 bed & 1 bath apartment with a fun and eclectic vibe. Three of the four garages have been converted to an amazing creative space, perfect for a gym or separate home office, overlooking the peaceful tree shaded backyard. A new sparkling pool/spa completes this magical compound. This legal duplex, delivered vacant, is just a stone's throw from coffee houses, restaurants, parks, & trendy Sunset Blvd.

Last Agent to Sell the Property

Elena Jovis

Nourmand & Associates-BH License #01853376 Listed on: 05/25/2020

Nourmand & Associates-BH

Last Buyer's Agent

Patrick Martin

Sotheby's International Realty License #01306122

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,898

Year Built

  • Built in 1924

Lot Details

  • 7,497 Sq Ft Lot
  • Property is zoned LARD2

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2,421 Sq Ft Home
  • Art Studio
  • Basement

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Carport
  • Driveway

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Shed
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5424-025-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,898

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Advertising Remarks: Between Silver Lake and Echo Park, you can have it all with this incredibly rare offering: Two reinvented detached Craftsman houses on an oversized lot with a pool, an artist's studio, and a romantic backyard. The front house has 3 beds, 2 baths and a separate guest room. The open concept effortlessly blends contemporary elements with original details. The remodeled kitchen has a huge center island, a Bertazonni range and a farmhouse sink. The master suite occupies the entire upstairs and offers a wonderful retreat secluded from the rest of the house. The back house is an independent 1 bed & 1 bath apartment with a fun and eclectic vibe. Three of the four garages have been converted to an amazing creative space, perfect for a gym or separate home office, overlooking the peaceful tree shaded backyard. A new sparkling pool/spa completes this magical compound. This legal duplex, delivered vacant, is just a stone's throw from coffee houses, restaurants, parks, & trendy Sunset Blvd.
  • Living Area: 2421
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 712.52

Exterior Features

  • Other Structures: Shed(s)
  • Pool Description: Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Carport, Driveway, Garage - 3 Car
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5424-025-016
  • Geocode Override: No
  • Lot Size Area: 7497

Multi Family

  • Number Of Units: 2

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2020
Closed on
Jun 24, 2020
Sold by
Demarlgny Julie
Bought by
Coit Shannon and Michel Colin
Seller's Agent
Elena Jovis
Nourmand & Associates-BH
Buyer's Agent
Patrick Martin
Sotheby's International Realty
List Price
$1,725,000
Sold Price
$1,850,000
Premium/Discount to List
$125,000
7.25%
Current Estimated Value
$2,129,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,482
Avg. Annual Appreciation
2.70%
Original Mortgage
$750,000
Outstanding Balance
$663,566
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$1,465,916

Purchase Details

Listed on
Aug 1, 2014
Closed on
Sep 18, 2014
Sold by
Demarigny Flavien
Bought by
Demarigny Jule
Seller's Agent
John Proia
Century 21 Hilltop
List Price
$975,000
Sold Price
$975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.74%
Original Mortgage
$750,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 1, 2014
Closed on
Sep 2, 2014
Sold by
Priority 1 Capital Llc
Bought by
Demarigny Julie
Seller's Agent
John Proia
Century 21 Hilltop
List Price
$975,000
Sold Price
$975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 8, 2014
Sold by
Priority 1 Capital Llc
Bought by
Priority 1 Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.46%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 10, 2013
Sold by
Tang Michael Yuen Chee and Tang Yen Pang
Bought by
Priority 1 Capital Llc

Purchase Details

Closed on
Aug 17, 2006
Sold by
Tang Mei Sheung
Bought by
Yee Mei Sheung and The Mei Sheung Yee Revocable L
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
Coit Shannon $1,850,000 First American Title
Demarigny Jule -- First American Title Company
Demarigny Julie $975,000 First American Title Company
Priority 1 Capital Llc -- Progressive
Priority 1 Capital Llc $565,000 First American Title Company
Yee Mei Sheung -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coit Shannon $750,000
Previous Owner Demarigny Julie $750,000
Previous Owner Priority 1 Capital Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2020 07/13/20 Sold $1,850,000 +7.2% $764 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/25/2020 05/25/20 For Sale $1,725,000 +76.9% $713 / Sq Ft
10/07/2014 10/07/14 Sold $975,000 0.0% $403 / Sq Ft View Prior Sale
09/07/2014 09/07/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $975,000 -- $403 / 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 $23,898 $2,002,497 $1,515,404 $487,093
2024 $23,898 $1,963,234 $1,485,691 $477,543
2023 $23,430 $1,924,740 $1,456,560 $468,180
2022 $22,332 $1,887,000 $1,428,000 $459,000
2021 $22,061 $1,850,000 $1,400,000 $450,000
2020 $13,395 $1,089,821 $802,223 $287,598
2019 $12,863 $1,068,453 $786,494 $281,959
2018 $12,563 $1,029,857 $771,073 $258,784
2016 $12,003 $989,868 $741,132 $248,736
2015 $11,827 $975,000 $730,000 $245,000
2014 $7,139 $567,564 $321,452 $246,112
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-581678

The MLS

APN: 5424-025-016