NOT LISTED FOR SALE

1618 7th Ave Los Angeles, CA 90019

Arlington Heights Neighborhood

Estimated Value: $933,000 - $1,066,000

3 Beds
2 Baths
1,360 Sq Ft
$733/Sq Ft Est. Value

Sale Details

Date Sold: March 13, 2020

Last sale price $790,000 $581 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,160 / mo

17 Days on Market

Highlights

  • Gated Parking
  • Living Room with Fireplace
  • 2 Car Attached Garage
  • A-Frame Home
  • No HOA
  • Parking Storage or Cabinetry

About This Home

As of March 2020

Newly remodeled Mid-City craftsman home featuring 3bed, 2bath with a large backyard with many fruit trees. The home has an open floorplan with lots of lights and windows all around. Walking distance to Arlington Heights elementary school and Global Education Academy. Gated with remote control with a shared driveway. There is additional access from the back alley with an automated gate. The detached garage has a separate storage area that can be converted into an extra unit per ADU ordinance. Enormous backyard is perfect to raise kids and allows the freedom for the creative buyer to manicure to ones taste.

Last Agent to Sell the Property

Peter Paik, CCIM

Epique Realty License #01080324 Listed on: 01/05/2020

Last Buyer's Agent

Jin Seo

Redpoint Realty License #01931207

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 5,459 Sq Ft Lot
  • Property is zoned LARD2

Home Design

  • A-Frame Home

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laminate Flooring
  • Oven or Range
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway
  • Gated Parking

Outdoor Features

  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5072-016-017

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

5,459 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: A-Frame
  • Street Number Display: Yes
  • Living Area: 1360
  • Stories: 1
  • Year Built: 1915
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 587.50

Exterior Features

  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Built-In Storage, Covered Parking, Detached, Door Opener, Driveway, Garage Is Detached, Gated
  • Total Parking: 2

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Gas

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5072-016-017
  • Geocode Override: No
  • Lot Size Area: 5459

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2020
Closed on
Mar 3, 2020
Sold by
Fnf Portfolio Llc
Bought by
Kim Jane S
Seller's Agent
Peter Paik, CCIM
Epique Realty
Buyer's Agent
Jin Seo
Redpoint Realty
List Price
$799,000
Sold Price
$790,000
Premium/Discount to List
-$9,000
-1.13%
Current Estimated Value
$996,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,821
Avg. Annual Appreciation
3.89%
Original Mortgage
$632,000
Outstanding Balance
$559,726
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$437,095

Purchase Details

Listed on
Apr 11, 2019
Closed on
Sep 10, 2019
Sold by
Hossain Md Mahbub and Bashar Salma
Bought by
Fnf Portfolio Llc
Seller's Agent
Alam Khandakar
TRT CAPITAL
Buyer's Agent
Max Armand
Max James-Armand, Broker
List Price
$825,000
Sold Price
$650,000
Premium/Discount to List
-$175,000
-21.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.14%
Original Mortgage
$576,000
Interest Rate
3.6%

Purchase Details

Closed on
Jan 5, 2012
Sold by
Hossain Md M and Hossain Md Mahbub
Bought by
Hossain Md Mahbub and Bashar Sk Salma

Purchase Details

Closed on
Oct 21, 2011
Sold by
Bashar Sk Salma
Bought by
Hossain Md Mahbub

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,795
Interest Rate
4.01%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 2011
Sold by
Aurora Loan Services Llc
Bought by
Hossain Md Mahbub

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,795
Interest Rate
4.01%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 2010
Sold by
Kim Kyong H
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Oct 5, 2006
Sold by
Chung Seok Bae
Bought by
Kim Kyong H

Purchase Details

Closed on
Oct 3, 2006
Sold by
Chung Seung Bae
Bought by
Kim Kyong H

Purchase Details

Closed on
Jul 7, 2004
Sold by
Chung Sun Joo
Bought by
Chung Seung Bae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2004
Sold by
Choi Dong K
Bought by
Chung Seung Bae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2004
Sold by
Yeo Min Koo
Bought by
Choi Dong K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2003
Sold by
Yeo Woon Sok
Bought by
Yeo Min Koo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
5.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 27, 2003
Sold by
Johnson Nancy J
Bought by
Yeo Woon Sok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
5.6%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kim Jane S $790,000 Usa National Title Co Inc
Fnf Portfolio Llc $650,000 Provident Title Company
Hossain Md Mahbub -- None Available
Hossain Md Mahbub -- Lsi Title Company Ca
Hossain Md Mahbub $270,000 Lsi Title Company Ca
Aurora Loan Services Llc $310,000 Accommodation
Kim Kyong H -- Accommodation
Kim Kyong H -- Accommodation
Chung Seung Bae -- Stewart Title
Chung Seung Bae $495,000 Stewart Title
Choi Dong K $420,000 Stewart Title
Yeo Min Koo -- --
Yeo Woon Sok $560,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Jane S $632,000
Previous Owner Fnf Portfolio Llc $576,000
Previous Owner Hossain Md Mahbub $231,795
Previous Owner Chung Seung Bae $396,000
Previous Owner Choi Dong K $336,000
Previous Owner Yeo Woon Sok $504,000
Closed Choi Dong K $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2020 03/13/20 Sold $790,000 -1.1% $581 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/05/2020 01/05/20 For Sale $799,000 +22.9% $588 / Sq Ft
09/20/2019 09/20/19 Sold $650,000 -9.7% $478 / Sq Ft View Prior Sale
08/18/2019 08/18/19 Pending -- -- --
08/16/2019 08/16/19 Price Changed $719,990 -0.7% $529 / Sq Ft
07/18/2019 07/18/19 Price Changed $725,000 -6.8% $533 / Sq Ft
05/21/2019 05/21/19 Price Changed $777,777 -2.7% $572 / Sq Ft
05/06/2019 05/06/19 Price Changed $798,990 -0.1% $587 / Sq Ft
05/01/2019 05/01/19 Price Changed $799,990 -3.0% $588 / Sq Ft
04/11/2019 04/11/19 For Sale $825,000 -- $607 / Sq Ft
Source: The MLS

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 $10,499 $863,974 $691,181 $172,793
2024 $10,499 $847,034 $677,629 $169,405
2023 $10,301 $830,427 $664,343 $166,084
2022 $9,829 $814,145 $651,317 $162,828
2021 $9,707 $798,183 $638,547 $159,636
2020 $8,126 $650,000 $520,000 $130,000
2019 $3,813 $304,009 $243,209 $60,800
2018 $3,678 $298,049 $238,441 $59,608
2016 $3,507 $286,478 $229,183 $57,295
2015 $3,456 $282,176 $225,741 $56,435
2014 $3,476 $276,650 $221,320 $55,330
Source: Public Records

Agents Affiliated with this Home

  • Peter Paik, CCIM

    Seller's Agent in 2020

    Peter Paik, CCIM

    Epique Realty

    (213) 923-0227

    9 Total Sales

    Peter Paik, CCIM
    Section Image
  • Jin Seo

    Buyer's Agent in 2020

    Jin Seo

    Redpoint Realty

    (323) 326-3221

    2 in this area

    22 Total Sales

    Jin Seo
    Section Image
  • Alam Khandakar

    Seller's Agent in 2019

    Alam Khandakar

    TRT CAPITAL

    (626) 858-8626

    25 Total Sales

    Alam Khandakar
    Section Image
  • Max Armand

    Buyer's Agent in 2019

    Max Armand

    Max James-Armand, Broker

    (619) 261-6001

    8 Total Sales

    Max Armand
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-540574

The MLS

APN: 5072-016-017

California Los Angeles County Los Angeles 90019 Arlington Heights

1618 7th Ave, Los Angeles, CA

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