NOT LISTED FOR SALE

1615 Echo Park Ave Unit 6 Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $945,000 - $1,163,000

3 Beds
3.5 Baths
1,564 Sq Ft
$663/Sq Ft Est. Value

Last Sold March 29, 2013

Last sale price $563,990 $361 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $6,656/month

252 Days on Market

Highlights

  • Under Construction
  • 2 Car Attached Garage
  • Double Pane Windows
  • Craftsman Architecture
  • Eat-In Kitchen
  • Living Room

About This Home

As of March 2013

Residence Six at 36 on Echo features 3 beds (one downstairs), 3 1/2 baths, interior laundry room, attached 2-car side-by-side garage and approximately 1564 sq. ft. Spectacular interior upgrade opportunities include designer-selected flooring, SS appliances, Caesarstone kitchen counters and stylish cabinetry with contemporary SS pulls. 36 on Echo by D.R. Horton will include 36 stylish, tri-level townhomes with nine diverse floorplans, 1163 sq.ft. to 1718 sq ft. Each residence features an abundance of energy-efficient amenities including tankless water heaters, fire sprinklers, porches and balconies per plan and private, direct-access 2-car garages. Striking architecture blended within the charming neighborhood of Echo Park. offering a urban feel, yet a suburban, neighborhood lifestyle. D.R. Horton was founded over 30 years ago in 1978 and is considered the largest builder in the country for the past 10 years. The community is centrally located in the heart of LA, walking distance to great restaurants, boutique retail shops, hiking trails of Elysian Park, Echo Park Lake and Dodger Stadium. Minutes to downtown LA or world famous Hollywood, Chinatown or Koreatown. Close access to the 2, 5, 101, 134 and 110 fwys. Photos are representational only.

Last Agent to Sell the Property

Teresa Taylor

NON-MEMBER/NBA or BTERM OFFICE License #01182797 Listed on: 12/31/2012

NON-MEMBER/NBA or BTERM OFFICE

Last Buyer's Agent

John Case

Redfin Corporation License #01493895

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,302

Year Built

  • Built in 2012 | Under Construction

Lot Details

  • 1.4

HOA Fees

  • $361 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Fire Retardant Roof
  • Concrete Roof

Interior Spaces

  • 1,564 Sq Ft Home
  • Wired For Data
  • Recessed Lighting
  • Double Pane Windows
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Home Security

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • No Sprinklers
  • Urban Location

Listing and Financial Details

  • Tax Lot 206
  • Tax Tract Number 65020

Community Details

Overview

  • 36 Units
  • Prime Association
  • Residence One

Amenities

  • Laundry Facilities

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,302

Year Built

Built in 2012 | Under Construction

Lot Details

0

HOA Fees

$361 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Sales Office
  • Other Phone Number: 213-250-8919
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: 36 on Echo
  • View: No
  • Architectural Style: Contemporary, Craftsman
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1564.00
  • Interior Amenities: Wired for Data, Recessed Lighting
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: Three Or More
  • Price Per Square Foot: 360.61
  • Room Type: Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: No
  • Fence: No
  • Pool Private: No
  • Roof: Concrete, Fire Retardant
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Range, Tankless Water Heater
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Common Area, Gas Dryer Hookup, Inside
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Sewer
  • Association Fee: 361.00
  • Association Fee Frequency: Monthly
  • Association Name: Prime Association
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Lot Features: Sprinklers None

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 36
  • Number Of Units Total: 36

Tax Info

  • Tax Lot: 206
  • Tax Tract Number: 65020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2012
Closed on
Mar 5, 2013
Sold by
D R Horton Ven Inc
Bought by
Chung Roy and Chung Ryan
Seller's Agent
Teresa Taylor
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
John Case
Redfin Corporation
List Price
$563,550
Sold Price
$563,990
Premium/Discount to List
$440
0.08%
Current Estimated Value
$1,036,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,289
Avg. Annual Appreciation
5.07%
Original Mortgage
$417,000
Interest Rate
3.47%
Mortgage Type
New Conventional
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
Chung Roy $564,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Yung Tseng $347,000
Closed Chung Roy $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2013 03/29/13 Sold $563,990 0.0% $361 / Sq Ft
02/03/2013 02/03/13 Pending -- -- --
01/23/2013 01/23/13 Price Changed $563,990 +1.8% $361 / Sq Ft
01/14/2013 01/14/13 Price Changed $553,990 -1.7% $354 / Sq Ft
12/31/2012 12/31/12 For Sale $563,550 0.0% $360 / Sq Ft
10/19/2012 10/19/12 Pending -- -- --
07/06/2012 07/06/12 Price Changed $563,550 +0.9% $360 / Sq Ft
07/05/2012 07/05/12 Price Changed $558,470 +1.4% $357 / Sq Ft
05/27/2012 05/27/12 For Sale $550,970 -- $352 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,302 $694,515 $400,948 $293,567
2024 $8,302 $680,898 $393,087 $287,811
2023 $8,139 $667,548 $385,380 $282,168
2022 $7,754 $654,460 $377,824 $276,636
2021 $7,653 $641,628 $370,416 $271,212
2019 $7,419 $622,599 $359,430 $263,169
2018 $7,380 $610,392 $352,383 $258,009
2016 $7,044 $586,691 $338,700 $247,991
2015 $6,926 $577,879 $333,613 $244,266
2014 $6,949 $566,560 $327,078 $239,482
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: T12066891

California Regional Multiple Listing Service (CRMLS)

APN: 5419-008-045