Seller's Agent in 2021
Grant Linscott
Keller Williams Realty Los Feliz
(323) 300-1000
10 in this area
204 Total Sales
1621 Morton Ave Los Angeles, CA 90026
Echo Park NeighborhoodEstimated Value: $1,293,000 - $1,830,000
3
Beds
3.5
Baths
2,037
Sq Ft
$769/Sq Ft
Est. Value
Highlights
- New Construction
- Two Primary Bedrooms
- Wood Flooring
- John Marshall Senior High Rated A
- City Lights View
- Great Room
About This Home
As of September 2021Nestled into a hip enclave of Echo Park with popular shops and eateries, the Morton Treehouses are a boutique Architectural collection of 3 homes that embody style, light and function. An abundance of oversized windows and skylights at seemingly every turn. Upon entry you're greeted with a bedroom that doubles as a perfect office and bathroom with private patio. The ample sized primary suite boasts custom dual sink vanity, large shower with soaking tub, walk-in closet and private patio. The main living level features an eat-in kitchen with double height ceiling, oversized fridge and flows seamlessly to the living room with walls of glass that disappear to serene views. A spiral staircase leads you to the private roof deck with panoramic city and hillside views. Curated with high end finishes and materials throughout. Two car garage with direct entry, tankless water heater, dual zone AC/heat, built-in surround sound speakers and more. Steps from Glowing Juices, Valerie and Lady Byrd Cafe. Live in the heart of it all.
Last Agent to Sell the Property
Keller Williams Realty Los Feliz License #01715002 Listed on: 05/17/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,044
Year Built
- Built in 2021 | New Construction
Lot Details
- 2,086 Sq Ft Lot
- Property is zoned LARD2
Parking
- 2 Car Direct Access Garage
- Side by Side Parking
- Shared Driveway
Property Views
- City Lights
- Peek-A-Boo
- Hills
Interior Spaces
- 2,037 Sq Ft Home
- 3-Story Property
- Great Room
- Dining Area
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Double Master Bedroom
- Walk-In Closet
- Powder Room
Laundry
- Laundry Room
- Gas Dryer Hookup
Outdoor Features
- Living Room Balcony
- Open Patio
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- Sewer in Street
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5420-028-060
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2021
Closed on
Aug 16, 2021
Sold by
1625 Morton Llc
Bought by
Lin Kelvin
Seller's Agent
Grant Linscott
Keller Williams Realty Los Feliz
Buyer's Agent
Robert Lee
Engel & Völkers Pasadena
List Price
$1,395,000
Sold Price
$1,344,000
Premium/Discount to List
-$51,000
-3.66%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,064
Avg. Annual Appreciation
4.00%
Original Mortgage
$940,800
Outstanding Balance
$857,922
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$708,326
Purchase Details
Closed on
Nov 25, 2019
Sold by
Canaan Development Llc
Bought by
1625 Morton Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$991,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 17, 2017
Sold by
Anderson Robert and Anderson Anna Lise
Bought by
Rocking Horse Redevelopment Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,132,400
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jun 28, 2017
Sold by
Rocking Horse Redevelopment Llc
Bought by
Canaan Investment Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,132,400
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Sep 8, 2014
Sold by
Cornejo Herbert M
Bought by
Anderson Robert and Anderson Anna Lise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,375
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 22, 2003
Sold by
Cornejo Herbert M
Bought by
Cornejo Herbert M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 23, 1999
Sold by
Jimeno Martha
Bought by
Cornejo Herbert M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,182
Interest Rate
6.79%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 6, 1998
Sold by
Cornejo Rafael A and Cornejo Martha
Bought by
Jimeno Martha
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lin Kelvin | $1,344,000 | Wfg National Title Company | |
| 1625 Morton Llc | -- | Wfg National Title Company | |
| 1625 Morton Llc | -- | Wfg National Title Company | |
| Rocking Horse Redevelopment Llc | -- | Fidelity National Title Co | |
| Canaan Investment Llc | $1,150,000 | Fntg Builder Services | |
| Anderson Robert | $612,500 | Stewart Title Of Ca Inc | |
| Cornejo Herbert M | -- | Commerce Title Company | |
| Cornejo Herbert M | $100,000 | South Coast Title Company | |
| Jimeno Martha | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lin Kelvin | $940,800 | |
| Previous Owner | 1625 Morton Llc | $1,084,500 | |
| Previous Owner | 1625 Morton Llc | $991,000 | |
| Previous Owner | Canaan Investment Llc | $2,132,400 | |
| Previous Owner | Anderson Robert | $257,000 | |
| Previous Owner | Anderson Robert | $459,375 | |
| Previous Owner | Cornejo Herbert M | $377,000 | |
| Previous Owner | Cornejo Herbert M | $80,000 | |
| Previous Owner | Cornejo Herbert M | $285,000 | |
| Previous Owner | Cornejo Herbert M | $240,000 | |
| Previous Owner | Cornejo Herbert M | $170,000 | |
| Previous Owner | Cornejo Herbert M | $15,000 | |
| Previous Owner | Cornejo Herbert M | $99,182 | |
| Previous Owner | Cornejo Rafael A | $10,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2021 09/13/21 | Sold | $1,344,000 | -0.4% | $660 / Sq Ft |
| 07/24/2021 07/24/21 | Pending | -- | -- | -- |
| 06/18/2021 06/18/21 | Price Changed | $1,349,000 | -3.3% | $662 / Sq Ft |
| 05/17/2021 05/17/21 | For Sale | $1,395,000 | -- | $685 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $17,044 | $1,426,262 | $1,004,220 | $422,042 |
| 2024 | $17,044 | $1,398,297 | $984,530 | $413,767 |
| 2023 | $16,709 | $1,370,880 | $965,226 | $405,654 |
| 2022 | $15,921 | $1,344,000 | $946,300 | $397,700 |
| 2021 | $10,275 | $862,511 | $539,566 | $322,945 |
| 2020 | $7,655 | $633,352 | $395,352 | $238,000 |
| 2019 | $6,383 | $540,900 | $387,600 | $153,300 |
| 2018 | $13,777 | $1,150,000 | $1,150,000 | $0 |
| 2016 | $7,572 | $621,840 | $507,625 | $114,215 |
| 2015 | $7,461 | $612,500 | $500,000 | $112,500 |
| 2014 | $2,904 | $223,793 | $159,855 | $63,938 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Robert Lee
Engel & Völkers Pasadena
(626) 824-3388
1 in this area
73 Total Sales
Map
Source: The MLS
MLS Number: 21-731892
APN: 5420-028-060
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