NOT LISTED FOR SALE

1616 Fargo St Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,435,983 - $1,684,000

3 Beds
2 Baths
1,737 Sq Ft
$902/Sq Ft Est. Value

Last Sold May 11, 2017

Last sale price $965,000 $556 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $9,832/month

13 Days on Market

Highlights

  • Canyon View
  • Wood Flooring
  • No HOA
  • John Marshall Senior High Rated A
  • Bonus Room
  • Double Pane Windows

About This Home

As of May 2017

Spacious, light filled home perched on a hillside in the Elysian Heights area of Echo Park. Built in 2006 this 3 bed/2 bath home has a bonus 1,000 square foot finished lower floor, perfect for extended family or studio space. Separate dedicated outdoor access with direct connection to the upper level. Great value in a high demand neighborhood with lots of upside. Sweeping hillside views, central air and heat, recessed lighting and wood floors throughout the primary residence. Large kitchen, gas fireplace, a true master bedroom with walk-in closet. Walking score of 71 with easy access to Elysian Park, Baxter stairs, DASH bus line to downtown and Elysian Heights Elementary

Last Agent to Sell the Property

Darren Hubert

Real Broker License #01330183 Listed on: 03/24/2017

Real Broker

Co-Listed By

Joe Cloninger

Real Broker License #01954784

Last Buyer's Agent

Elena Tarasova

USA Financial Consultants Inc License #01718015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,079

Year Built

  • Built in 2006

Lot Details

  • 4,399 Sq Ft Lot
  • Property is zoned LARD4

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,737 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Bonus Room
  • Canyon Views
  • Basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5420-021-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,079

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Advertising Remarks: Spacious, light filled home perched on a hillside in the Elysian Heights area of Echo Park. Built in 2006 this 3 bed/2 bath home has a bonus 1,000 square foot finished lower floor, perfect for extended family or studio space. Separate dedicated outdoor access with direct connection to the upper level. Great value in a high demand neighborhood with lots of upside. Sweeping hillside views, central air and heat, recessed lighting and wood floors throughout the primary residence. Large kitchen, gas fireplace, a true master bedroom with walk-in closet. Walking score of 71 with easy access to Elysian Park, Baxter stairs, DASH bus line to downtown and Elysian Heights Elementary.
  • Entry Location: Foyer
  • Living Area: 1737
  • Year Built: 2006
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Tile, Wood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, WalkInCloset
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Gas Dryer Hookup, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 511.23
  • Windows: Double Pane Windows

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: Canyon
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street Paid
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5420-021-014
  • Geocode Override: No
  • Lot Size Area: 4399

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2021
Sold by
Lad Sheena and Lad Jyoti
Bought by
Ceballos Julio Diaz and Lad Sheena
Current Estimated Value
$1,566,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 24, 2017
Closed on
Apr 7, 2017
Sold by
Carrillo Fernando
Bought by
Lad Sheena and Lad Jyoti
Seller's Agent
Darren Hubert
Real Broker
Buyer's Agent
Elena Tarasova
USA Financial Consultants Inc
List Price
$888,000
Sold Price
$965,000
Premium/Discount to List
$77,000
8.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$636,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2005
Sold by
Medrano Alejandra
Bought by
Carrillo Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
6.75%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 29, 1999
Sold by
Peralta Paul A Decd Est Of
Bought by
Carrillo Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,375
Interest Rate
8.14%
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
Ceballos Julio Diaz -- Wfg National Title Co Of Ca
Lad Sheena $965,000 Fidelity National Title Co
Carrillo Fernando -- Fidelity National Title Co
Carrillo Fernando $42,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ceballos Julio Diaz $1,450,000
Closed Ceballos Julio Diaz $595,000
Closed Lad Sheena $636,000
Previous Owner Carrillo Fernando $74,444
Previous Owner Carrillo Fernando $61,468
Previous Owner Carrillo Fernando $2,000,000
Previous Owner Carrillo Fernando $640,000
Previous Owner Carrillo Fernando $588,000
Previous Owner Carillo Fernando $175,000
Previous Owner Carrillo Fernando $75,500
Previous Owner Carrillo Fernando $140,000
Previous Owner Carrillo Fernando $40,375
Previous Owner Andreani Felicia $42,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2022 07/19/22 For Rent $4,500 +1.1% --
06/25/2022 06/25/22 Price Changed $4,450 0.0% $5 / Sq Ft
05/11/2017 05/11/17 Sold $965,000 +8.7% $556 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $888,000 -- $511 / 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 $15,079 $1,256,484 $935,664 $320,820
2024 $15,079 $1,231,848 $917,318 $314,530
2023 $14,786 $1,207,695 $899,332 $308,363
2022 $14,094 $1,184,016 $881,699 $302,317
2021 $12,441 $1,034,672 $774,021 $260,651
2020 $12,568 $1,024,064 $766,085 $257,979
2019 $12,067 $1,003,985 $751,064 $252,921
2018 $11,984 $984,300 $736,338 $247,962
2016 $3,706 $302,699 $109,055 $193,644
2015 $3,652 $298,153 $107,417 $190,736
2014 $3,669 $292,313 $105,313 $187,000
Source: Public Records

Agents Affiliated with this Home

  • Darren Hubert

    Seller's Agent in 2017

    Darren Hubert

    Real Broker

    (323) 898-2991

    7 in this area

    76 Total Sales

    Section Image
  • Joe Cloninger

    Seller Co-Listing Agent in 2017

    Joe Cloninger

    Real Broker

    (213) 915-4474

    5 in this area

    51 Total Sales

    Section Image

  • E

    Buyer's Agent in 2017

    Elena Tarasova

    USA Financial Consultants Inc

    Section Image
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Map

Source: The MLS

MLS Number: 17-214550

The MLS

APN: 5420-021-014

California Los Angeles County Los Angeles 90026 Echo Park

1616 Fargo St, Los Angeles, CA

This home is located at 1616 Fargo St, Los Angeles, CA 90026 since 24 March 2017 and is currently estimated at $1,566,246, approximately $901 per square foot. This property was built in 2006. 1616 Fargo St is a home located in Los Angeles County with nearby schools including Elysian Heights Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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