NOT LISTED FOR SALE

Estimated Value: $974,000 - $1,269,000

2 Beds
1 Bath
638 Sq Ft
$1,722/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $812,000 $1,273 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,651/month

6 Days on Market

Highlights

  • City Lights View
  • Community Lake
  • Wood Flooring
  • Craftsman Architecture
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of September 2020

Nestled in the heart of Echo Park, this enchanting craftsman bungalow sits on a large gated lot with mature landscaping including orange & lemon trees. Fencing offers privacy amidst city living creating your own urban oasis as well as parking for at least 2 vehicles. Upon entry you will find traditional craftsman wood details, hardwood floors, artistic beams and detailed built-ins with stunning natural light. Newly built back deck offers spectacular views of downtown LA and lot features detached potential artist’s/music studio or home office in the backyard making it a one of a kind property. This charming home is just steps from favorite local restaurants like Mohawk Bend, Sage, Taix, a half mile walk to Echo Park Lake, coffee shops, restaurants, Lassen’s & Vons, and boasting a short, 5 minute drive to Dodger Stadium and Elysian Park. Minutes from freeway access for easy travel to DTLA and greater Los Angeles. If you’re looking for your own personal retreat in this busy city, this is the ideal location to call HOME!
(The home is currently being used as a 1 bedroom/ 1 bath and loft. The loft can be converted back to second bedroom.)

Last Agent to Sell the Property

Amanda Davis

Compass License #02094068 Listed on: 08/08/2020

Co-Listed By

Leigh Apodaca

Compass License #01454272

Last Buyer's Agent

Steven Hill

Equity Union License #02023251

Equity Union

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,437

Year Built

  • Built in 1908

Lot Details

  • 5,256 Sq Ft Lot
  • Wood Fence
  • Front Yard Sprinklers
  • Density is up to 1 Unit/Acre
  • Property is zoned LARD3

Home Design

  • Craftsman Architecture
  • Bungalow
  • Composition Roof

Interior Spaces

  • 638 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Free Standing Fireplace
  • Gas Fireplace
  • Family Room
  • Loft
  • Wood Flooring
  • City Lights Views

Kitchen

  • Gas and Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Driveway

Outdoor Features

  • Deck
  • Wood Patio
  • Exterior Lighting
  • Outbuilding

Location

  • Urban Location

Utilities

  • Central Air
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 21 / 4
  • Tax Tract Number 2
  • Assessor Parcel Number 5402038021

Community Details

Overview

  • No Home Owners Association
  • Community Lake

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,437

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 949-887-3690
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Echo Park
  • View: Yes
  • Zoning: LARD3
  • Architectural Style: Bungalow, Craftsman
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5402038021
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 638.00 Square Feet
  • Interior Amenities: Built-in Features, High Ceilings
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Free Standing
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1272.73
  • Room Type: Family Room, Kitchen, Loft, Main Floor Master Bedroom

Exterior Features

  • Patio: Yes
  • Other Structures: Outbuilding
  • View: City Lights
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck, Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas & Electric Range, Refrigerator, Water Heater
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Lake, Park, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Sprinkler System, Sprinklers In Front
  • Lot Size Sq Ft: 5256.00
  • Lot Size Acres: 0.1207
  • Latitude Manual: 34.07489600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5256.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 1957.10
  • Tax Lot: 21
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2025
Sold by
Soderlund Simone
Bought by
Luna Trust and Soderlund
Current Estimated Value
$1,098,943

Purchase Details

Listed on
Aug 8, 2020
Closed on
Oct 15, 2020
Sold by
Soderlund Simone and Soderlund Simone Luna
Bought by
Soderlund Simone
Seller's Agent
Amanda Davis
Compass
Buyer's Agent
Steven Hill
Equity Union
List Price
$806,000
Sold Price
$812,000
Premium/Discount to List
$6,000
0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$649,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2020
Closed on
Aug 25, 2020
Sold by
Field Claudia L
Bought by
Giertz Simone Luna Louise Soederlund
Seller's Agent
Amanda Davis
Compass
Buyer's Agent
Steven Hill
Equity Union
List Price
$806,000
Sold Price
$812,000
Premium/Discount to List
$6,000
0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2006
Sold by
Clima Stephen M
Bought by
Field Claudia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,160
Interest Rate
8.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 23, 2004
Sold by
Monkkonen Pentti and Craft Elizabeth
Bought by
Clima Stephen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2003
Sold by
Monkkonen Eric H and Monkkonen Judith A
Bought by
Monkkonen Pentti and Craft Elizabeth

Purchase Details

Closed on
Aug 17, 2000
Sold by
Delgado Ruben R and Estate Of Raul G Delgado
Bought by
Monkkonen Pentti E and Craft Elizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.2%
Source: Public Records

Range of Values:

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Average Value
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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
Luna Trust -- None Listed On Document
Soderlund Simone -- Accommodation
Giertz Simone Luna Louise Soederlund $812,000 First American Title Company
Field Claudia L $608,000 Fidelity National Title Co
Clima Stephen M $360,000 Equity Title
Monkkonen Pentti -- --
Monkkonen Pentti E $100,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giertz Simone Luna Louise Soederlund $649,600
Previous Owner Field Claudia L $486,160
Previous Owner Clima Stephen M $288,000
Previous Owner Monkkonen Pentti E $80,000
Closed Clima Stephen M $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2020 09/23/20 Sold $812,000 0.0% $1,273 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/14/2020 08/14/20 Price Changed $812,000 +0.7% $1,273 / Sq Ft
08/08/2020 08/08/20 For Sale $806,000 -- $1,263 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,437 $878,931 $703,146 $175,785
2024 $10,437 $861,698 $689,359 $172,339
2023 $10,232 $844,803 $675,843 $168,960
2022 $9,750 $828,240 $662,592 $165,648
2021 $9,716 $812,000 $649,600 $162,400
2020 $9,026 $744,830 $595,867 $148,963
2019 $8,664 $730,227 $584,184 $146,043
2018 $8,636 $715,910 $572,730 $143,180
2016 $7,992 $665,500 $526,800 $138,700
2015 $6,867 $571,000 $452,000 $119,000
2014 $6,126 $497,000 $393,000 $104,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20147785

California Regional Multiple Listing Service (CRMLS)

APN: 5402-038-021