NOT LISTED FOR SALE

1025 Lakeview Terrace Azusa, CA 91702

Rosedale Neighborhood

Estimated Value: $666,000 - $691,000

2 Beds
2 Baths
1,489 Sq Ft
$407/mo HOA Fee

Last Sold August 31, 2021

Last sale price $618,000 $415 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,602/month

6 Days on Market

Highlights

  • Spa
  • Gated Community
  • 7.94 Acre Lot
  • Fishing
  • Lake View
  • Community Lake

About This Home

As of August 2021

Welcome to Rainbow Lake. Great opportunity to buy a wonderful condo in the exclusive Rainbow Lake community of North Azusa. A private gated community with its very own beautiful fishing lake. 1025 Lakeview Terrace is a RARE ground level MOVE-IN READY condo with NO STAIRS and a gorgeous LAKESIDE View. Watch the ducks and geese from the comfort of your living room. The interior features 2 bedrooms, 2 full bathrooms, a bonus room/office, 1,489 square feet of living space and a 2-car garage. The home was completely remodeled just a few short years ago, with beautiful features including an open concept kitchen and living space, wood & tile floors, new lighting, rock façade fireplace, walk-in shower, newer counter tops and white shaker Kitchen cabinets. The home has central heating & A/C. The master bedroom has a large walk-in closet and a grand bathroom with dual vanities. The balcony has a wonderful view of the lake and foothills, so close to the lake you can practically fish from the porch. Residents and their guest enjoy year-round license free fishing. Close to the Angeles National Forest and The San Gabriel River, it is a great location for cyclist, hikers, and outdoor enthusiast. Commuting is easy, the gold line is within walking distance. Once a private anglers club for Los Angeles's rich and famous, Rainbow Lake was featured in films and television before being developed into a condominium community in the 1980s. Do not miss out on your chance to own this unique spectacular home!

Last Agent to Sell the Property

Joshua Casper

HILL TOP REAL ESTATE License #02030969 Listed on: 07/22/2021

HILL TOP REAL ESTATE

Last Buyer's Agent

Sarah Barron

BARRON REAL ESTATE License #01225740

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,796

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • End Unit
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $407 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Lake
  • Mountain

Home Design

  • Turnkey

Interior Spaces

  • 1,489 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Bonus Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Home Security

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Additional Features

  • Spa
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 36072
  • Assessor Parcel Number 8608004032

Community Details

Overview

  • 55 Units
  • Rainbow Angling Lake Village Community Association, Phone Number (909) 399-3103
  • Condominium Management Services HOA
  • Maintained Community
  • Community Lake

Amenities

  • Picnic Area

Recreation

  • Community Spa
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,796

Year Built

Built in 1981 | Remodeled

Lot Details

0

HOA Fees

$407 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Gated Community
  • View: Yes
  • Zoning: AZR2-RIA*
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 8608004032
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1489.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Stone Counters
  • Common Walls: 2+ Common Walls, End Unit, No One Below
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 415.04
  • Room Type: All Bedrooms Down, Bonus Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Master Bath, Remodeled, Walk-In Shower

Exterior Features

  • View: Lake, Mountain(s)
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 311
  • Amenities: Picnic Area, Maintenance Grounds, Trash, Pets Permitted, Management
  • Association Fee: 407.00
  • Association Fee Frequency: Monthly
  • Association Name: Rainbow Angling Lake Village Community Association
  • Phone: 909-399-3103
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Fishing, Lake, Suburban
  • Association Management: Condominium Management Services

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 345856.00
  • Lot Size Acres: 7.9398

Multi Family

  • Lease Considered: No
  • Lot Size Area: 345856.0000 Square Feet
  • Number Of Units In Community: 55
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4006.04
  • Tax Lot: 1
  • Tax Tract Number: 36072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2017
Sold by
Bachman Daren M
Bought by
Lee Robert A and Lee Beverly J
Current Estimated Value
$673,886

Purchase Details

Closed on
Nov 7, 2011
Sold by
Eilken Ruth M
Bought by
Eilken Peter Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2011
Sold by
Eilken Peter Louis
Bought by
Bachman Daren M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2008
Sold by
Eilken Ruth M
Bought by
Eilken Ruth M and Eilken Peter Louis

Purchase Details

Closed on
Dec 1, 2008
Sold by
Eilken Marsha
Bought by
Eilken Ruth M and Eilken Peter Louis

Purchase Details

Closed on
Jul 29, 2002
Sold by
Riehl Eric D
Bought by
Eilken Ruth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.52%

Purchase Details

Closed on
Jun 6, 1995
Sold by
Federal National Mortgage Association
Bought by
Riehl Eric D and Riehl Christie Carter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,350
Interest Rate
7.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 8, 1994
Sold by
Johnson Kenneth C and Johnson Terry C
Bought by
Federal National Mortgage Association
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
Lee Robert A $550,000 Lawyers Title
Eilken Peter Louis -- Fidelity National Title
Bachman Daren M $255,000 Fidelity Van Nuys
Eilken Ruth M -- None Available
Eilken Ruth M -- None Available
Eilken Ruth M $241,000 Southland Title
Riehl Eric D $137,500 Fidelity National Title Ins
Federal National Mortgage Association $209,852 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eilken Peter Louis $204,000
Previous Owner Bachman Daren M $204,000
Previous Owner Eilken Ruth M $100,000
Previous Owner Riehl Eric D $133,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $618,000 +6.6% $415 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $579,995 -- $390 / 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 $7,796 $655,824 $411,004 $244,820
2024 $7,796 $642,966 $402,946 $240,020
2023 $7,562 $630,360 $395,046 $235,314
2022 $7,469 $618,000 $387,300 $230,700
2021 $5,556 $455,351 $332,568 $122,783
2020 $5,447 $450,683 $329,158 $121,525
2019 $5,369 $441,847 $322,704 $119,143
2018 $6,594 $561,000 $224,400 $336,600
2017 $3,486 $275,974 $71,644 $204,330
2016 $3,398 $270,564 $70,240 $200,324
2015 $3,357 $266,500 $69,185 $197,315
2014 $3,142 $261,280 $67,830 $193,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21160955

California Regional Multiple Listing Service (CRMLS)

APN: 8608-004-032