NOT LISTED FOR SALE

Estimated Value: $1,854,000 - $2,370,000

4 Beds
2.5 Baths
1,884 Sq Ft
$1,184/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $2,200,000 $1,168 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $14,423/month

33 Days on Market

Highlights

  • Garage Cooled
  • Rooftop Deck
  • 0.57 Acre Lot
  • John Marshall Senior High Rated A
  • City Lights View
  • Room in yard for a pool

About This Home

As of August 2022

Privacy and serenity abound on this more than half acre hilltop lot in the Elysian Heights neighborhood of Echo Park. Built in 1923, much of the original charm remains in this Spanish styled estate, from the casement windows, to the built-in shelves and workspaces, to the beautiful Batchelder fireplace. Additionally, you will find modern amenities, such as central a/c, an updated electrical panel and tesla charger. Filled with natural light, the main home enjoys 3 bedrooms and 1.5 baths, in addition to the private guest suite below with a full bath. Considering the multiple decks, patios, and the terraced hillside, there are endless ways to utilize this magical property.

Last Agent to Sell the Property

M. Zachary Smith

Avenue 8, Inc. License #01943792 Listed on: 06/09/2022

Last Buyer's Agent

Angela Gollan

Compass License #02050331

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,266

Year Built

  • Built in 1923

Lot Details

  • 0.57 Acre Lot
  • Property is zoned LAR1

Property Views

  • Skyline
  • Canyon
  • Mountain
  • Valley

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,884 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Located Outside
  • Gas And Electric Dryer Hookup

Parking

  • 5 Parking Spaces
  • Garage Cooled
  • Driveway

Outdoor Features

  • Room in yard for a pool
  • Rooftop Deck
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5443-007-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,266

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1884
  • Lot Acreage: 0.5692
  • Stories: 3
  • Year Built: 1923
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Outside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Refrigerator, Range/Oven, Gas Or Electric Dryer Hookup, Built-Ins, Dishwasher, Garbage Disposal
  • Price Per S Q F T: 1247.35

Exterior Features

  • Other Structures: None
  • Patio: Deck(s), Roof Top Deck, Patio Open
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: Canyon, City, City Lights, Mountains, Skyline, Valley
  • View: Yes

Garage/Parking

  • Parking Garage: Air Conditioned Garage, Driveway
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5443-007-011
  • Lot Size Area: 24796

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Aug 12, 2022
Sold by
Ritchie Noah J and Ritchie Brigit
Bought by
Elder Rachel Christine and Bergeron Peter
Seller's Agent
M. Zachary Smith
Avenue 8, Inc.
Buyer's Agent
Angela Gollan
Compass
List Price
$2,350,000
Sold Price
$2,200,000
Premium/Discount to List
-$150,000
-6.38%
Current Estimated Value
$2,230,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,036
Avg. Annual Appreciation
0.26%
Original Mortgage
$1,540,000
Outstanding Balance
$1,457,773
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$759,864

Purchase Details

Listed on
Jan 17, 2019
Closed on
Mar 6, 2019
Sold by
Murray Paul F and Murray Nancy L
Bought by
Ritchie Noah J and Ritchie Brigit
Seller's Agent
Tatiana Tensen
Sotheby's International Realty
Buyer's Agent
M. Zachary Smith
Avenue 8, Inc.
List Price
$1,698,000
Sold Price
$1,710,000
Premium/Discount to List
$12,000
0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
Original Mortgage
$1,368,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Elder Rachel Christine $2,200,000 First American Title Company O
Ritchie Noah J $1,710,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elder Rachel Christine $1,540,000
Previous Owner Ritchie Noah J $1,368,000
Previous Owner Murray Paul F $165,000
Previous Owner Murray Paul F $465,000
Previous Owner Murray Paul F $389,000
Previous Owner Murray Paul F $193,000
Previous Owner Murray Paul F $345,000
Previous Owner Murray Paul F $257,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $2,200,000 -6.4% $1,168 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $2,350,000 +37.4% $1,247 / Sq Ft
04/16/2019 04/16/19 Sold $1,710,000 +0.7% $908 / Sq Ft
01/17/2019 01/17/19 For Sale $1,698,000 -- $901 / 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 $27,266 $2,288,880 $1,820,700 $468,180
2024 $27,266 $2,244,000 $1,785,000 $459,000
2023 $26,731 $2,200,000 $1,750,000 $450,000
2022 $21,289 $1,797,513 $1,429,602 $367,911
2021 $21,036 $1,762,269 $1,401,571 $360,698
2019 $18,318 $178,485 $80,319 $98,166
2018 $2,276 $174,987 $78,745 $96,242
2016 $2,159 $168,193 $75,688 $92,505
2015 $2,129 $165,668 $74,552 $91,116
2014 $2,153 $162,424 $73,092 $89,332
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-166337

The MLS

APN: 5443-007-011