NOT LISTED FOR SALE

2007 Preston Ave Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,632,000 - $2,176,000

3 Beds
3 Baths
1,765 Sq Ft
$1,045/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $1,130,000 $640 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $11,417/month

34 Days on Market

Highlights

  • Art Studio
  • View of Hills
  • No HOA
  • John Marshall Senior High Rated A
  • Wood Flooring
  • Laundry Room

About This Home

As of October 2017

So-Cal Tree Top Oasis Nestled in the Echo Park Hills for Perfect Indoor-Outdoor Living. . This Architect Renovated home has Clean Lines, yet is Warm and Inviting. Relax after a long day in the Soaking Tub with Wrap Around Windows. Lovely Deck off the Master Bedroom. A separate DREAM Art Studio/Man Cave/Office with High Ceilings and Over Sized Windows showcasing Superb Views is connected via Hallway to the main house. Every window in the home was placed to overlook something Beautiful. The Yard has an organic garden, fruit trees, bamboo, and a great variety of drought tolerant succulents. Room for a pool. Close to restaurants and all that Echo Park has to offer!! Zoned R2.

Last Agent to Sell the Property

Cindy Gunadi

Coldwell Banker Realty License #01210891 Listed on: 09/01/2017

Coldwell Banker Realty

Last Buyer's Agent

Jonathan Wright

Coldwell Banker Realty License #01903026

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,919

Year Built

  • Built in 1920

Lot Details

  • 6,604 Sq Ft Lot
  • Property is zoned LARD2

Parking

  • Uncovered Parking

Interior Spaces

  • 1,765 Sq Ft Home
  • 1-Story Property
  • Art Studio
  • Wood Flooring
  • Views of Hills
  • Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5420-016-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,919

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 1765
  • Stories: 1
  • Year Built: 1920
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 563.74

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Uncovered

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5420-016-010
  • Geocode Override: No
  • Lot Size Area: 6604

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
Oct 9, 2017
Sold by
Wolff Karen Frimkess
Bought by
Hadlock Joseph William and Hadlock Mary Anne
Seller's Agent
Cindy Gunadi
Coldwell Banker Realty
Buyer's Agent
Jonathan Wright
Coldwell Banker Realty
List Price
$995,000
Sold Price
$1,130,000
Premium/Discount to List
$135,000
13.57%
Current Estimated Value
$1,844,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$714,495
Avg. Annual Appreciation
6.32%

Purchase Details

Listed on
Sep 1, 2017
Closed on
Oct 3, 2017
Sold by
Ronald Layne Young and Ronald Karen Frimkess
Bought by
Wolff Karen Frimkess and Young Karen Frimkess
Seller's Agent
Cindy Gunadi
Coldwell Banker Realty
Buyer's Agent
Jonathan Wright
Coldwell Banker Realty
List Price
$995,000
Sold Price
$1,130,000
Premium/Discount to List
$135,000
13.57%

Purchase Details

Closed on
Sep 17, 2001
Sold by
Young Ronald Layne
Bought by
Young Ronald Layne and Young Karen Frimkess

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.91%

Purchase Details

Closed on
Nov 14, 2000
Sold by
Young Ronald L
Bought by
Young Ronald Layne and Young Karen Frimkess
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
Hadlock Joseph William $1,130,000 Equity Title
Wolff Karen Frimkess -- Equity Title
Young Ronald Layne -- California Title Company
Young Ronald Layne -- California Title Company
Young Ronald Layne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Ronald Layne $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2017 10/30/17 Sold $1,130,000 +13.6% $640 / Sq Ft
09/01/2017 09/01/17 For Sale $995,000 -- $564 / 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 $20,919 $1,750,992 $1,317,383 $433,609
2024 $20,919 $1,716,659 $1,291,552 $425,107
2023 $20,511 $1,683,000 $1,266,228 $416,772
2022 $19,550 $1,650,000 $1,241,400 $408,600
2021 $14,265 $1,187,830 $923,144 $264,686
2019 $13,837 $1,152,600 $895,764 $256,836
2018 $13,756 $1,130,000 $878,200 $251,800
2016 $1,420 $108,461 $25,242 $83,219
2015 $1,400 $106,832 $24,863 $81,969
2014 $1,413 $104,740 $24,376 $80,364
Source: Public Records

Agents Affiliated with this Home

  • Cindy Gunadi

    Seller's Agent in 2017

    Cindy Gunadi

    Coldwell Banker Realty

    (310) 985-4518

    18 Total Sales

    Cindy Gunadi
    Section Image
  • Jonathan Wright

    Buyer's Agent in 2017

    Jonathan Wright

    Coldwell Banker Realty

    (323) 665-1121

    17 Total Sales

    Jonathan Wright
    Section Image
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Map

Source: The MLS

MLS Number: 17-266018

The MLS

APN: 5420-016-010

California Los Angeles County Los Angeles 90026 Echo Park

2007 Preston Ave, Los Angeles, CA

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