2307 Lake Shore Ave Los Angeles, CA 90039
Echo Park NeighborhoodEstimated Value: $1,646,000 - $1,820,788
3
Beds
3
Baths
1,718
Sq Ft
$1,009/Sq Ft
Est. Value
Highlights
- Art Studio
- Solar Power System
- View of Hills
- John Marshall Senior High Rated A
- Gated Parking
- Fireplace in Primary Bedroom
About This Home
As of January 2024Tucked into a quiet hillside street, this magical home is bursting with charm at every turn. Pass through the gated entry into the living room and the spacious, recently renovated kitchen which combines vintage charm with modern amenities; painted cabinets and butcher block countertops pair seamlessly with top-of-the-line Wolf and Bosch appliances. The dining room, family room, full bathroom with refurbished clawfoot tub, wood-paneled home office and laundry room round out the first floor. Step upstairs to enter the treehouse-like second story addition, completed in 2006, which offers hillside views from almost every window. The spacious primary bedroom suite features a vaulted ceiling, fireplace, ensuite bath, and private patio overlooking the verdant backyard and views beyond. The second bedroom (currently used as an art studio) and vintage-style bathroom are joined by a secret third room, hidden behind a built-in bookcase, which is perfect for a nursery or additional home office. A unique oasis awaits in the backyard, with multiple indoor and outdoor spaces poised to relax and inspire you: dine al fresco on the upper patio, then cross the footbridge over your babbling creek to descend to the lower terrace, where you can unwind on the reading deck or create your masterpiece in the detached art studio. With hardwood floors throughout and thoughtful upgrades like the rebuilt foundation, dual zone HVAC system, tankless water heater, and enhanced sound insulation between floors, this 1932 built home has been modernized for the 21st century. Hike nearby trails with views of the Hollywood sign or take a neighborhood stroll to local favorites like Tilda Wine, Cookbook, Valerie, Canyon Coffee and many more.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,160
Year Built
- Built in 1932
Lot Details
- 4,065 Sq Ft Lot
- Lot Dimensions are 45x87
- Gated Home
- Property is zoned LAR1
Property Views
- Hills
- Park or Greenbelt
Home Design
- Bungalow
Interior Spaces
- 1,718 Sq Ft Home
- 1-Story Property
- Built-In Features
- Living Room
- Dining Area
- Home Office
- Art Studio
- Attic Fan
- Alarm System
Kitchen
- Oven or Range
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 1 Parking Space
- Driveway
- Gated Parking
Eco-Friendly Details
- Solar Power System
Utilities
- Two cooling system units
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5443-002-010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2024
Closed on
Jan 22, 2024
Sold by
Ivey Community Property Trust
Bought by
Mcguire Matthew and King Michelle King
Seller's Agent
Valerie Halsey
Compass
Buyer's Agent
Bradley Morris
Christie's International Real Estate SoCal
List Price
$1,650,000
Sold Price
$1,802,645
Premium/Discount to List
$152,645
9.25%
Total Days on Market
13
Views
58
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
-$68,698
Avg. Annual Appreciation
-2.86%
Purchase Details
Closed on
Mar 2, 2022
Sold by
Michael Ivey Thomas and Shafer Alise
Bought by
Ivey Community Property Trust
Purchase Details
Closed on
Jan 11, 2013
Sold by
Ivey Thomas Michael and Ivey Alise Shafer
Bought by
Ivey Thomas Michael and Ivey Alise Shafer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,000
Interest Rate
3.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 16, 2012
Sold by
Ivey Thomas Michael and Ivey Alise Shafer
Bought by
Ivey Thomas Michael and Ivey Alise Shafer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,000
Interest Rate
3.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 28, 2011
Sold by
Ivey Thomas Michael and Ivey Alise Shafer
Bought by
Ivey Thomas Michael and Ivey Alise Shafer
Purchase Details
Closed on
Jun 11, 2010
Sold by
Hodges Thomas E
Bought by
Ivey Thomas Michael and Ivey Alise Shafer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,600
Interest Rate
4.79%
Mortgage Type
New Conventional
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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 |
|---|---|---|---|
| Mcguire Matthew | $1,803,000 | California Title Company | |
| Ivey Community Property Trust | -- | Simplifile | |
| Ivey Thomas Michael | -- | Simplifile | |
| Ivey Thomas Michael | -- | None Available | |
| Ivey Thomas Michael | -- | North American Title Company | |
| Ivey Thomas Michael | -- | None Available | |
| Ivey Thomas Michael | $732,000 | Equity Title Los Angeles |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ivey Thomas Michael | $569,000 | |
| Previous Owner | Ivey Thomas Michael | $585,600 | |
| Previous Owner | Hodges Thomas E | $340,000 | |
| Previous Owner | Hodges Thomas E | $349,000 | |
| Previous Owner | Hodges Thomas E | $350,000 | |
| Previous Owner | Hodges Thomas E | $75,000 | |
| Previous Owner | Hodges Thomas E | $255,000 | |
| Previous Owner | Hodges Thomas E | $255,000 | |
| Previous Owner | Hodges Thomas E | $250,000 | |
| Previous Owner | Hodges Thomas E | $67,000 | |
| Previous Owner | Hodges Thomas E | $251,250 | |
| Previous Owner | Hodges Thomas E | $162,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/30/2024 01/30/24 | Sold | $1,802,645 | +9.3% | $1,049 / Sq Ft |
| 01/16/2024 01/16/24 | Pending | -- | -- | -- |
| 01/03/2024 01/03/24 | For Sale | $1,650,000 | -- | $960 / 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 | $11,160 | $919,422 | $525,404 | $394,018 |
| 2023 | $10,941 | $901,395 | $515,102 | $386,293 |
| 2022 | $10,426 | $883,721 | $505,002 | $378,719 |
| 2021 | $10,294 | $866,394 | $495,100 | $371,294 |
| 2019 | $9,981 | $840,698 | $480,416 | $360,282 |
| 2018 | $9,939 | $824,215 | $470,997 | $353,218 |
| 2016 | $9,493 | $792,211 | $452,708 | $339,503 |
| 2015 | $9,353 | $780,312 | $445,908 | $334,404 |
| 2014 | $9,383 | $765,028 | $437,174 | $327,854 |
Source: Public Records
Agents Affiliated with this Home
-
Valerie Halsey
Seller's Agent in 2024
Valerie Halsey
Compass
(323) 204-2332
2 in this area
17 Total Sales
-
Bradley Morris
B
Buyer's Agent in 2024
Bradley Morris
Christie's International Real Estate SoCal
(424) 249-7162
2 in this area
9 Total Sales
Map
Source: The MLS
MLS Number: 23-342453
APN: 5443-002-010
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