2017 Lake Shore Ave Los Angeles, CA 90039
Echo Park NeighborhoodEstimated Value: $2,486,000 - $2,978,039
4
Beds
4.5
Baths
3,100
Sq Ft
$882/Sq Ft
Est. Value
Highlights
- New Construction
- City View
- Wood Flooring
- Clifford Street Elementary School Rated A-
- Contemporary Architecture
- Bonus Room
About This Home
As of September 2023Big Price reduction (5/30). Seller wants it sold! We are pleased to present to the marketplace this stunning brand new construction home located in the highly sought after Elysian Heights section of Echo Park. Every detail was thought through in terms of both aesthetics and maximum enjoyment of a home. Some of the many highlights are: each of the four bedrooms has it's own en-suite bathroom, plus there is a guest half bath, as well as a bonus room that can be office, exercise room, etc. The master bedroom is quite large and has two very generous walk-in closets. The bathroom is also very large and has a double-sink vanity, as well as both a shower (with skylight) and tub. This 7500 sq ft lot has plenty of outdoor space, including a good-sized back yard, as well as a deck off the living room, and a roof-top deck with awesome downtown views. Only the highest quality materials were used, including engineered hardwood floors and quartz countertops. The kitchen appliances are all high end, including Fisher-Paykel fridge. High ceilings throughout, and the living room/dining room is very spacious with lots of light. Also, plenty of parking with a large two car garage and wide driveway that can accommodate three more cars. The list of attributes goes on and on but it really must be seen in person to fully appreciate.
Last Agent to Sell the Property
Silverwood Properties License #01715663 Listed on: 05/04/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,883
Year Built
- Built in 2023 | New Construction
Lot Details
- 7,489 Sq Ft Lot
- Lot Dimensions are 50x150
- Property is zoned LAR1
Property Views
- City
- Canyon
Home Design
- Contemporary Architecture
- Split Level Home
Interior Spaces
- 3,100 Sq Ft Home
- 2-Story Property
- Bonus Room
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Parking
- 4 Parking Spaces
- Driveway
Outdoor Features
- Balcony
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5420-005-016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2023
Closed on
Aug 16, 2023
Sold by
Ws Investments Property Llc
Bought by
Burn The Boats Llc
Seller's Agent
Ken Shapiro
Silverwood Properties
Buyer's Agent
Noga Assil
Christie's International Real Estate SoCal
List Price
$2,795,000
Sold Price
$2,550,000
Premium/Discount to List
-$245,000
-8.77%
Total Days on Market
102
Views
88
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
$184,013
Avg. Annual Appreciation
4.13%
Purchase Details
Listed on
Apr 2, 2018
Closed on
Apr 23, 2018
Sold by
Migel Ivan H
Bought by
Ws Investments Property Llc
Seller's Agent
Paula Mckee
Coldwell Banker Realty
Buyer's Agent
Paula Mckee
Coldwell Banker Realty
List Price
$747,000
Sold Price
$765,000
Premium/Discount to List
$18,000
2.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.67%
Original Mortgage
$650,250
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
May 25, 1999
Sold by
Walton Jonaas
Bought by
Migel Ivan H and Migel Robyn T
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
7.2%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Burn The Boats Llc | $2,550,000 | Fidelity National Title | |
| Ws Investments Property Llc | $765,000 | Lawyers Title | |
| Migel Ivan H | $180,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ws Investments Property Llc | $1,533,650 | |
| Previous Owner | Ws Investments Propety Llc | $1,234,290 | |
| Previous Owner | Ws Investments Property Llc | $650,250 | |
| Previous Owner | Migel Ivan H | $24,000 | |
| Previous Owner | Migel Robyn T | $264,000 | |
| Previous Owner | Migel Ivan H | $170,000 | |
| Previous Owner | Walton Jonaas | $148,000 | |
| Previous Owner | Walton Jonaas | $18,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/14/2023 09/14/23 | Sold | $2,550,000 | -3.2% | $823 / Sq Ft |
| 08/14/2023 08/14/23 | Pending | -- | -- | -- |
| 05/30/2023 05/30/23 | Price Changed | $2,635,000 | -5.7% | $850 / Sq Ft |
| 05/04/2023 05/04/23 | For Sale | $2,795,000 | +265.4% | $902 / Sq Ft |
| 06/07/2018 06/07/18 | Sold | $765,000 | +2.4% | $1,023 / Sq Ft |
| 04/18/2018 04/18/18 | Pending | -- | -- | -- |
| 04/02/2018 04/02/18 | For Sale | $747,000 | -- | $999 / 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 |
|---|---|---|---|---|
| 2024 | $30,883 | $2,550,000 | $1,785,000 | $765,000 |
| 2023 | $10,084 | $836,638 | $836,638 | $0 |
| 2022 | $9,605 | $820,234 | $820,234 | $0 |
| 2021 | $9,495 | $804,151 | $804,151 | $0 |
| 2019 | $9,319 | $780,300 | $624,240 | $156,060 |
| 2018 | $3,048 | $243,126 | $194,508 | $48,618 |
| 2016 | $2,911 | $233,687 | $186,956 | $46,731 |
| 2015 | $2,869 | $230,178 | $184,148 | $46,030 |
| 2014 | $2,887 | $225,670 | $180,541 | $45,129 |
Source: Public Records
Agents Affiliated with this Home
-
Ken Shapiro
Seller's Agent in 2023
Ken Shapiro
Silverwood Properties
(805) 415-8602
13 in this area
51 Total Sales
-
Noga Assil
Buyer's Agent in 2023
Noga Assil
Christie's International Real Estate SoCal
(310) 228-8532
1 in this area
2 Total Sales
-
P
Seller's Agent in 2018
Paula Mckee
Coldwell Banker Realty
Map
Source: The MLS
MLS Number: 23-267251
APN: 5420-005-016
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