NOT LISTED FOR SALE

Estimated Value: $4,384,189

5 Acres
$852,540 Price per Acre
224,007 Sq Ft Lot

Last Sold January 20, 2022

Last sale price $3,850,000

Est. 14% increase in value since last sale

Current estimated payment $27,401/month

245 Days on Market

Highlights

  • Horse Property
  • 5.14 Acre Lot
  • Horse Property Improved
  • Brainard Elementary School Rated A-
  • Pasture Views
  • Horse Trails

About This Lot

As of January 2022

Five usable and flat acres in Los Angeles! Located at the base of Angeles National Crest Forest, this picturesque compound is currently operating as a successful horse-boarding stable for the equestrian enthusiast. In addition to its complete array of equine amenities, Haley Farms boasts an onsite residence, significant landscaping, and access to expansive nearby trails and nature preserve. Whether looking for a turn-key business, your own equine facility, space close to the city, or an investment in one of LA's last affordable buy-in communities, the possibilities are endless! Facility amenities include, but are not limited to: Three separate barns (each with an office, feed room, tack rooms, W/D, and multiple cross ties and wash racks) Two competition-size riding arenas with state of the art footingEight paddocks, 2 of which have grassCovered, 5-horse EuroXciser60' enclosed round-pen with geotextile footingLarge covered storage areas for bulk hay, shavings, mechanical equipment and moreResidence, converted to duplex (2Ba/2Ba and 3Br/2Ba), to be used as employee housing, rental income, or easily converted to a single family home.

Last Agent to Sell the Property

Rita Whitney

The Agency License #01209004 Listed on: 04/05/2021

The Agency

Last Buyer's Agent

Nick Mitchell

Elite Real Estate Group License #01756529

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $49,625

Year Built

  • 1931

Lot Details

  • 5.14 Acre Lot
  • Fenced
  • Lot Has A Rolling Slope
  • Property is zoned LARA

Property Views

  • Pasture
  • Mountain
  • Meadow
  • Neighborhood

Additional Features

  • Horse Property Improved
  • Septic Type Unknown

Community Details

  • Horse Trails
  • Horse Property

Listing and Financial Details

  • Tax Lot 001
  • Assessor Parcel Number 2529022022

Property Details

Property Type

Land

Est. Annual Taxes

$49,625

Year Built

1931

Lot Details

0

Listing Details

  • Assessments: No
  • View: Yes
  • Zoning: LARA
  • Property Type: Land
  • Parcel Number: 2529022022
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1931

Interior Features

  • Price Per Square Foot: 20.09

Exterior Features

  • View: Meadow, Mountain(s), Neighborhood, Pasture
  • Fence: Yes

Utilities

  • Sewer: Septic Type Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Horse Trails

Lot Info

  • Land Lease: No
  • Lot Features: Gentle Sloping, Horse Property, Horse Property Improved, Rolling Slope
  • Lot Size Sq Ft: 224008.00
  • Lot Size Acres: 5.1425

Multi Family

  • Lot Size Area: 224008.0000 Square Feet

Tax Info

  • Tax Lot: 001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Dec 14, 2021
Sold by
Haley Farms Llc
Bought by
Romero Tony and Romero Linda
Seller's Agent
Rita Whitney
The Agency
Buyer's Agent
Rita Whitney
The Agency
List Price
$4,500,000
Sold Price
$3,850,000
Premium/Discount to List
-$650,000
-14.44%
Total Days on Market
245
Current Estimated Value
$4,384,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,189
Avg. Annual Appreciation
4.18%
Original Mortgage
$1,925,000
Outstanding Balance
$1,795,793
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$2,622,721

Purchase Details

Closed on
Oct 11, 2004
Sold by
Arwen Stables Llc
Bought by
Haley Farms Llc

Purchase Details

Closed on
Feb 22, 2002
Sold by
Hartman Philip F and Hartman Trust
Bought by
Arwen Stables Llc

Purchase Details

Closed on
Oct 5, 1994
Sold by
Hartman Philip F
Bought by
Hartman Philip F and Hartman Trust

Purchase Details

Closed on
Aug 3, 1994
Sold by
Berry Donald P and Berry Trust
Bought by
Hartman Philip F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
8.73%
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
Romero Tony $3,850,000 None Listed On Document
Haley Farms Llc $2,400,000 Chicago Title Company
Arwen Stables Llc $975,000 Chicago Title Co
Hartman Philip F -- --
Hartman Philip F $550,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Tony $1,925,000
Previous Owner Hartman Philip F $845,000
Previous Owner Hartman Philip F $357,500
Closed Hartman Philip F $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Sold $3,850,000 -14.4% --
12/06/2021 12/06/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $4,500,000 -- --
Source: Pasadena-Foothills Association of REALTORS®

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
2024 $49,625 $4,005,540 $3,204,432 $801,108
2023 $48,671 $3,927,000 $3,141,600 $785,400
2022 $38,307 $3,152,435 $2,627,036 $525,399
2021 $37,872 $3,090,624 $2,575,526 $515,098
2020 $38,260 $3,058,935 $2,549,118 $509,817
2019 $36,767 $2,998,957 $2,499,136 $499,821
2018 $35,808 $2,940,155 $2,450,134 $490,021
2016 $34,293 $2,825,988 $2,354,994 $470,994
2015 $33,792 $2,783,540 $2,319,620 $463,920
2014 $34,066 $2,729,015 $2,274,182 $454,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-4057

Pasadena-Foothills Association of REALTORS®

APN: 2529-022-022