NOT LISTED FOR SALE

Estimated Value: $1,856,000 - $2,184,862

2 Beds
1 Bath
999 Sq Ft
$2,004/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $1,900,000 $1,902 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $12,871/month

9 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Living Room
  • Overland Avenue Elementary School Rated A
  • 2 Car Detached Garage
  • Dining Area

About This Home

As of May 2023

Excellent development opportunity in picturesque Cheviot Hills near Rancho Park Golf Course! The existing 2-bedroom 1938 Traditional home with detached garage is a tear down and being sold for land value. The 5,972 square foot lot is well-sited on a quiet street surrounded by mature trees and landscaping. Bring your architect and build your dream home!

Last Agent to Sell the Property

Kelly deLaat

Douglas Elliman License #01249748 Listed on: 05/08/2023

Douglas Elliman

Last Buyer's Agent

Zack Grakal

Keller Williams Beverly Hills License #01366301

Keller Williams Beverly Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,524

Year Built

  • Built in 1938

Lot Details

  • 5,972 Sq Ft Lot
  • Lot Dimensions are 50x119
  • Tear Down
  • Property is zoned LAR1

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 999 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Living Room
  • Dining Area
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4318-015-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,524

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Advertising Remarks: Excellent development opportunity in picturesque Cheviot Hills near Rancho Park Golf Course! The existing 2-bedroom 1938 Traditional home with detached garage is a tear down and being sold for land value. The 5,972 square foot lot is well-sited on a quiet street surrounded by mature trees and landscaping. Bring your architect and build your dream home!
  • Living Area: 999
  • Lot Acreage: 0.1371
  • Lot Dimensions: 50x119
  • Probate: Yes
  • Property Condition: Tear Down
  • Stories: 1
  • Year Built: 1938
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Free Standing
  • Flooring: Mixed
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Kitchen
  • Total Bathrooms: 1.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 1700.70

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Detached, Garage - 2 Car
  • Total Parking: 2

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4318-015-017
  • Lot Size Area: 5972

Rental Info

  • Court Approve: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2022
Sold by
Williams Whitaker Jr John
Bought by
Merfeld Diane Christy
Current Estimated Value
$2,002,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 1998
Sold by
Whitaker John W and Whitaker Frances B
Bought by
Merfeld Diane Christy
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
Merfeld Diane Christy -- Lawyers Title
Merfeld Diane Christy -- --
Whitaker John W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merfeld Diane Christy $2,400,000
Previous Owner Whitaker John Williams $660,000
Previous Owner Whitaker John Williams $760,000
Previous Owner Whitaker John Williams $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $1,900,000 +11.8% $1,902 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $1,699,000 -- $1,701 / 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 $23,524 $1,976,760 $1,581,408 $395,352
2024 $23,524 $1,938,000 $1,550,400 $387,600
2023 $1,342 $95,821 $73,902 $21,919
2022 $1,290 $93,943 $72,453 $21,490
2021 $1,266 $92,102 $71,033 $21,069
2019 $1,232 $89,372 $68,927 $20,445
2018 $1,181 $87,621 $67,576 $20,045
2016 $1,122 $84,219 $64,952 $19,267
2015 $1,107 $82,955 $63,977 $18,978
2014 $1,121 $81,331 $62,724 $18,607
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-265237

The MLS

APN: 4318-015-017