NOT LISTED FOR SALE

Estimated Value: $1,026,000 - $1,422,000

2 Beds
1 Bath
1,080 Sq Ft
$1,073/Sq Ft Est. Value

Last Sold December 13, 2016

Last sale price $725,000 $671 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,896/month

18 Days on Market

Highlights

  • Views of Trees
  • Wood Flooring
  • Cottage
  • John Marshall Senior High Rated A
  • No HOA
  • In-Law or Guest Suite

About This Home

As of December 2016

Tucked up in the Echo Park hills sits this storybook cottage with beautiful canyon vistas from every room. The light and bright 2 bedroom 1 bathroom main house includes a separate lower- level studio apartment with bath and kitchenette for visiting guests or family. Hardwood floors throughout, and bath with cherry/teak cabinetry and stainless steel tub. Relax on the two outdoor balconies or entertain on the romantic patio area under the wisteria covered pergola. Large basement storage space on lower level. Fruit trees and lush landscaping frame the views and provide privacy and seclusion. A short stroll to all the best Echo Park has to offer including FIX, Valerie Bakery, Yogala, and Cookbook. Fall in love with this Echo Park cottage and make it your home for the holidays!

Last Agent to Sell the Property

Joseph Reichling

Compass License #01427385 Listed on: 10/27/2016

Compass

Co-Listed By

Boni Bryant

Compass License #01245334

Last Buyer's Agent

Peter Tomlinson

Sotheby's International Realty License #01238435

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,946

Year Built

  • Built in 1938

Lot Details

  • 2,911 Sq Ft Lot
  • Property is zoned LARD3

Property Views

  • Trees
  • Canyon

Home Design

  • Cottage

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • In-Law or Guest Suite
  • 1 Full Bathroom

Outdoor Features

  • Open Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5420-035-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,946

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Street Number Display: Yes
  • Living Area: 1080
  • Stories: 1
  • Year Built: 1938
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 628.70

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Canyon, Tree Top
  • View: Yes

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5420-035-001
  • Geocode Override: No
  • Lot Size Area: 2911

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2016
Closed on
Dec 2, 2016
Sold by
Gent Jeffrey A
Bought by
Wareham Michael Dean and Phillips Britta
Seller's Agent
Joseph Reichling
Compass
Buyer's Agent
Peter Tomlinson
Sotheby's International Realty
List Price
$679,000
Sold Price
$725,000
Premium/Discount to List
$46,000
6.77%
Current Estimated Value
$1,158,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,948
Avg. Annual Appreciation
5.42%
Original Mortgage
$580,000
Outstanding Balance
$467,615
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$691,333

Purchase Details

Closed on
Aug 30, 2006
Sold by
Krusiec Michelle J
Bought by
Gent Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2000
Sold by
Bryant Warren A
Bought by
Krusiec Michelle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.88%
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
Wareham Michael Dean $725,000 Equity Title Company
Gent Jeffrey A $588,000 Fidelity National Title Co
Krusiec Michelle J $202,500 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wareham Michael Dean $580,000
Previous Owner Gent Jeffrey A $441,000
Previous Owner Krusiec Michelle J $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2016 12/13/16 Sold $725,000 +6.8% $671 / Sq Ft
11/14/2016 11/14/16 Pending -- -- --
10/27/2016 10/27/16 For Sale $679,000 -- $629 / 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 $9,946 $841,418 $673,136 $168,282
2024 $9,946 $824,921 $659,938 $164,983
2023 $9,750 $808,748 $646,999 $161,749
2022 $9,288 $792,891 $634,313 $158,578
2021 $9,175 $777,345 $621,876 $155,469
2019 $8,895 $754,290 $603,432 $150,858
2018 $8,868 $739,500 $591,600 $147,900
2016 $8,022 $665,477 $532,384 $133,093
2015 $7,124 $590,000 $472,000 $118,000
2014 $7,047 $570,000 $456,000 $114,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-175442

The MLS

APN: 5420-035-001