NOT LISTED FOR SALE

Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $734,000 - $910,267

2 Beds
1 Bath
603 Sq Ft
$1,399/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $635,000 $1,053 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,092/month

13 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Laundry closet
  • John Marshall Senior High Rated A
  • Bungalow
  • Central Heating and Cooling System

About This Home

As of November 2020

Charming 2 bed, 1 bath bungalow on the border of Echo Park/Silverlake. Lovely gated front yard perfect for al fresco dining on those warm California nights. As you walk through this light-filled home you will see it has a very thoughtful layout perfect for the current work from home world. Steps away from all that Echo Park and Silverlake have to offer. Street Parking only.

Last Agent to Sell the Property

Maureen Pearson

MAISONRE License #02072815 Listed on: 10/10/2020

Last Buyer's Agent

Maureen Pearson

MAISONRE License #02072815 Listed on: 10/10/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 880 Sq Ft Lot
  • Property is zoned LARD2

Home Design

  • Bungalow

Interior Spaces

  • 603 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5424-028-011

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Living Area: 603
  • Lot Acreage: 0.0202
  • Stories: 1
  • Year Built: 1920
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 1.00
  • Equipment: Dryer, Washer, Refrigerator, Microwave
  • Price Per S Q F T: 993.37

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5424-028-011
  • Lot Size Area: 880

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2020
Closed on
Nov 20, 2020
Sold by
Chan Irene
Bought by
Scholzen Alexander and Scholzen Kylaevette
Seller's Agent
Maureen Pearson
MAISONRE
Buyer's Agent
Maureen Pearson
MAISONRE
List Price
$599,000
Sold Price
$635,000
Premium/Discount to List
$36,000
6.01%
Current Estimated Value
$843,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,567
Avg. Annual Appreciation
5.70%
Original Mortgage
$539,750
Outstanding Balance
$480,301
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$363,266

Purchase Details

Closed on
Jan 10, 2019
Sold by
Chan Irene and Schoemehl Paul G
Bought by
Chan Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2014
Closed on
Sep 16, 2014
Sold by
Principals Income Fund Llc
Bought by
Chan Irene and Schoemehl Paul G
Seller's Agent
Cristina Warfield
Compass
Buyer's Agent
John Kim
Keller Williams Los Angeles
List Price
$329,000
Sold Price
$345,000
Premium/Discount to List
$16,000
4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$305,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2014
Closed on
Apr 7, 2014
Sold by
Tdc/Pacific Properties Inc
Bought by
Principals Income Fund Llc
Seller's Agent
Daniel Klein
Daniel Klein, Broker
Buyer's Agent
Daniel Klein
Daniel Klein, Broker
List Price
$200,000
Sold Price
$173,000
Premium/Discount to List
-$27,000
-13.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
235.67%

Purchase Details

Listed on
Mar 13, 2014
Closed on
Mar 31, 2014
Sold by
Ferguson William A
Bought by
Tdc Pacific Properties Inc
Seller's Agent
Daniel Klein
Daniel Klein, Broker
Buyer's Agent
Daniel Klein
Daniel Klein, Broker
List Price
$200,000
Sold Price
$173,000
Premium/Discount to List
-$27,000
-13.5%

Purchase Details

Closed on
Nov 17, 1994
Sold by
Ferguson Dalila B
Bought by
Ferguson William A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Scholzen Alexander $635,000 Equity Title Company
Chan Irene -- Chicago Title Inc
Chan Irene $345,000 Provident Title Company
Principals Income Fund Llc -- None Available
Tdc Pacific Properties Inc $173,000 Provident Title Company
Ferguson William A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scholzen Alexander $539,750
Previous Owner Chan Irene $290,000
Previous Owner Chan Irene $305,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2020 11/30/20 Sold $635,000 +6.0% $1,053 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/10/2020 10/10/20 For Sale $599,000 +73.6% $993 / Sq Ft
10/28/2014 10/28/14 Sold $345,000 +0.9% $566 / Sq Ft View Prior Sale
08/04/2014 08/04/14 Pending -- -- --
08/04/2014 08/04/14 Price Changed $342,000 +4.0% $561 / Sq Ft
07/30/2014 07/30/14 For Sale $329,000 +90.2% $539 / Sq Ft
04/02/2014 04/02/14 Sold $173,000 -13.5% $355 / Sq Ft View Prior Sale
03/13/2014 03/13/14 For Sale $200,000 -- $410 / 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 $8,166 $687,341 $549,874 $137,467
2024 $8,166 $673,865 $539,093 $134,772
2023 $8,005 $660,653 $528,523 $132,130
2022 $7,625 $647,700 $518,160 $129,540
2021 $7,534 $635,000 $508,000 $127,000
2020 $6,194 $510,352 $405,003 $105,349
2019 $4,434 $371,698 $294,127 $77,571
2018 $4,432 $364,410 $288,360 $76,050
2016 $4,236 $350,261 $277,163 $73,098
2015 $4,173 $345,000 $273,000 $72,000
2014 -- $11,348 $6,976 $4,372
Source: Public Records

Agents Affiliated with this Home

  • Maureen Pearson

    Seller's Agent in 2020

    Maureen Pearson

    MAISONRE

    (818) 235-4449

    3 in this area

    28 Total Sales

    Maureen Pearson
    Section Image
  • Cristina Warfield

    Seller's Agent in 2014

    Cristina Warfield

    Compass

    (310) 429-5997

    1 in this area

    35 Total Sales

    Cristina Warfield
    Section Image

  • D

    Seller's Agent in 2014

    Daniel Klein

    Daniel Klein, Broker

    (949) 439-7808

    3 Total Sales

    Daniel Klein
    Section Image
  • John Kim

    Buyer's Agent in 2014

    John Kim

    Keller Williams Los Angeles

    (818) 357-8680

    12 Total Sales

    John Kim
    Section Image
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Source: The MLS

MLS Number: 20-643074

The MLS

APN: 5424-028-011

California Los Angeles County Los Angeles 90026

Echo Park

Not Listed for Sale

Detached

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