NOT LISTED FOR SALE

Estimated Value: $701,438 - $1,212,000

2 Beds
1 Bath
600 Sq Ft
$1,586/Sq Ft Est. Value

Last Sold September 11, 2012

Last sale price $325,000 $542 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $5,400/month

29 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • Bungalow
  • John Marshall Senior High Rated A
  • Living Room

About This Home

As of September 2012

Adorable and functional pied--terre in Echo Park. This 2bd/1ba proves that good things come in small packages. A contemporary interpretation of the California Bungalow, it blends old charm with modern design. This home features solid Acacia floors throughout, master bedroom with access to the backyard and deck, bathroom with Kohler fixtures and soaking tub. An pedestrians delight, it is walking distance to some of the best restaurants and bars of Echo Park (Mohawk Bend, The Echo, El Prado, Taco Zone), as well as to the essentials of the grocery story, bus stop, etc. Come see what may be the only finished home in Echo Park/Silver Lake for less than $400K. On the practical side this home boasts all new electrical, all new energy-efficient windows, new insulation, retrofitted foundation, new electrical and plumbing. It is a wonderful home with history made brand new for one lucky buyer. There is no parking on the property.

Last Agent to Sell the Property

Matt Manner

Best and Final Real Estate License #01449965 Listed on: 06/29/2012

Last Buyer's Agent

Frank Barbano

Barbano Realty License #01380908

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,727

Year Built

  • Built in 1916

Lot Details

  • 1,399 Sq Ft Lot
  • Property is zoned LARD2

Home Design

  • Bungalow
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 600 Sq Ft Home
  • Living Room
  • Wood Flooring
  • City Lights Views
  • Laundry Located Outside

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5424-029-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,727

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 600
  • Planned Urban Dev: 0
  • Year Built: 1916
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Laundry: Outside
  • Total Bathrooms: 1.00
  • Equipment: Garbage Disposal, Microwave, Range/Oven
  • Price Per S Q F T: 498.33

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition, Shingle
  • View: City Lights
  • View: Yes

Utilities

  • Sewer: In Street

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5424-029-014
  • Lot Size Area: 1399

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2012
Closed on
Jul 31, 2012
Sold by
It Takes A Vision Llc
Bought by
Reis Luiz Alberto Santiago
Seller's Agent
Matt Manner
Best and Final Real Estate
Buyer's Agent
Frank Barbano
Barbano Realty
List Price
$379,000
Sold Price
$325,000
Premium/Discount to List
-$54,000
-14.25%
Current Estimated Value
$951,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$626,610
Avg. Annual Appreciation
8.52%
Original Mortgage
$308,750
Outstanding Balance
$209,618
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$741,992

Purchase Details

Listed on
Sep 27, 2011
Closed on
Feb 28, 2012
Sold by
Rios Jose and Rios Avelina
Bought by
It Takes A Vision Llc
Seller's Agent
Jesse Barocio
Century 21 Realty Masters
Buyer's Agent
Matt Manner
Best and Final Real Estate
List Price
$177,600
Sold Price
$150,000
Premium/Discount to List
-$27,600
-15.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
369.44%
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
Reis Luiz Alberto Santiago $325,000 Lawyers Title
It Takes A Vision Llc $150,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reis Luiz Alberto Santiago $308,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2012 09/11/12 Sold $325,000 +8.7% $542 / Sq Ft
07/28/2012 07/28/12 Pending -- -- --
07/24/2012 07/24/12 Price Changed $299,000 -14.3% $498 / Sq Ft
07/13/2012 07/13/12 Price Changed $349,000 -7.9% $582 / Sq Ft
06/29/2012 06/29/12 For Sale $379,000 +152.7% $632 / Sq Ft
03/14/2012 03/14/12 Sold $150,000 -15.5% $255 / Sq Ft View Prior Sale
02/28/2012 02/28/12 Pending -- -- --
02/03/2012 02/03/12 For Sale $177,600 +18.4% $302 / Sq Ft
02/03/2012 02/03/12 Off Market $150,000 -- --
12/21/2011 12/21/11 For Sale $177,600 +18.4% $302 / Sq Ft
10/14/2011 10/14/11 Off Market $150,000 -- --
09/27/2011 09/27/11 For Sale $177,600 -- $302 / 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 $4,727 $400,202 $320,165 $80,037
2024 $4,727 $392,356 $313,888 $78,468
2023 $4,633 $384,664 $307,734 $76,930
2022 $4,412 $377,122 $301,700 $75,422
2021 $4,357 $369,729 $295,785 $73,944
2019 $4,222 $358,764 $287,013 $71,751
2018 $4,201 $351,731 $281,386 $70,345
2016 $4,011 $338,074 $270,460 $67,614
2015 $3,951 $332,997 $266,398 $66,599
2014 $3,967 $326,475 $261,180 $65,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-609877

The MLS

APN: 5424-029-014