NOT LISTED FOR SALE

Estimated Value: $1,026,000 - $1,161,000

2 Beds
2 Baths
1,071 Sq Ft
$1,011/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $780,000 $728 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,692/month

107 Days on Market

Highlights

  • Canyon View
  • Midcentury Modern Architecture
  • No HOA
  • Abraham Lincoln High School Rated A
  • Wood Flooring
  • Den

About This Home

As of June 2020

BACK ON THE MARKET. Buyers did not perform. Rare opportunity to own a Mid-Century Modern architectural home in the Montecito Drive Residential Historic District. The one-story house is one of the "platform houses" built in 1964 by the architect Richard Kearney with John Pugsley on stilts over the canyon with beautiful views. According to Survey LA, this is one of the original 39 homes and one of the 23 remaining contributing structures. Common elements are rectangular plans, unadorned walls, and wood siding with minimal fenestration on the primary faades with a flat roof. The house is accessible from the street through an enclosed courtyard with trees. Kitchen, dining, and living room are one continuous open space with sliding glass doors. An additional den could be used as office space. Two separate bedrooms each with one bathroom create an indoor/outdoor flow from the front to the back. Kitchen and bathrooms are fully remodeled. Original wooden floor through the house. Large lot.

Last Agent to Sell the Property

Lilian Pfaff

Modern California House License #02012794 Listed on: 02/05/2020

Last Buyer's Agent

Cassandra Petersen

Coldwell Banker Realty License #01969956

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,248

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 8,249 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,071 Sq Ft Home
  • 1-Story Property
  • Den
  • Wood Flooring
  • Canyon Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Central Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Built by Richard Kearney

Listing and Financial Details

  • Assessor Parcel Number 5304-009-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,248

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Builder Name: Richard Kearney
  • Entry Floor: 1
  • Living Area: 1071
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1964
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar
  • Kitchen Features: Island
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Inclusions: Appliances and light fixtures
  • Price Per S Q F T: 746.03

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 1
  • Parking Garage: Attached
  • Total Parking: 1

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Central
  • Heating: Central
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5304-009-022
  • Geocode Override: No
  • Lot Size Area: 8249

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 1

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
Jun 11, 2020
Sold by
Viking Lux Properties Inc
Bought by
Bowser Karissa Nichole and Nikoopour Reza Robert
Seller's Agent
Lilian Pfaff
Modern California House
Buyer's Agent
Cassandra Petersen
Coldwell Banker Realty
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%
Current Estimated Value
$1,066,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,335
Avg. Annual Appreciation
6.57%
Original Mortgage
$741,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2017
Closed on
May 4, 2017
Sold by
Young Stella
Bought by
Young Mark
Seller's Agent
Darryl Keith Gallien
Pacific Playa Realty
Buyer's Agent
Mario Dardon
West Coast Realty Division
List Price
$650,000
Sold Price
$735,000
Premium/Discount to List
$85,000
13.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.94%

Purchase Details

Listed on
Apr 13, 2017
Closed on
May 3, 2017
Sold by
Young Mark
Bought by
Viking Lux Properties Inc
Seller's Agent
Darryl Keith Gallien
Pacific Playa Realty
Buyer's Agent
Mario Dardon
West Coast Realty Division
List Price
$650,000
Sold Price
$735,000
Premium/Discount to List
$85,000
13.08%

Purchase Details

Closed on
Nov 24, 2003
Sold by
Mckinnon Wilbert L and Mckinnon Carol A
Bought by
Young Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,125
Interest Rate
6.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 24, 1995
Sold by
Finney Richard D
Bought by
Mckinnon Wilbert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,890
Interest Rate
8.36%
Mortgage Type
Assumption

Purchase Details

Closed on
Mar 16, 1995
Sold by
Walters Gerald R
Bought by
Finney Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,890
Interest Rate
8.36%
Mortgage Type
Assumption
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
Bowser Karissa Nichole $780,000 Lawyers Title Company
Young Mark -- Fidelity National Title
Viking Lux Properties Inc $735,000 Fidelity National Title
Young Mark $344,000 Commonwealth
Mckinnon Wilbert L $119,500 American Coast Title
Finney Richard D -- American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bowser Karissa Nichole $732,000
Closed Bowser Karissa Nichole $741,000
Previous Owner Young Mark $104,600
Previous Owner Young Mark $496,000
Previous Owner Young Mark $62,000
Previous Owner Young Mark $360,000
Previous Owner Young Mark $67,000
Previous Owner Young Mark $69,500
Previous Owner Young Mark $52,125
Previous Owner Young Mark $278,000
Previous Owner Mckinnon Wilbert L $30,000
Previous Owner Mckinnon Wilbert L $124,672
Previous Owner Mckinnon Wilbert L $121,890
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $780,000 -2.4% $728 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
04/20/2020 04/20/20 Price Changed $799,000 0.0% $746 / Sq Ft
04/20/2020 04/20/20 For Sale $799,000 +2.6% $746 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $779,000 +6.0% $727 / Sq Ft
05/19/2017 05/19/17 Sold $735,000 +13.1% $686 / Sq Ft
04/13/2017 04/13/17 For Sale $650,000 -- $607 / 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 $10,248 $853,040 $682,433 $170,607
2024 $10,248 $836,314 $669,052 $167,262
2023 $10,049 $819,917 $655,934 $163,983
2022 $9,579 $803,841 $643,073 $160,768
2021 $9,717 $788,080 $630,464 $157,616
2020 $9,560 $779,987 $546,522 $233,465
2019 $9,179 $764,694 $535,806 $228,888
2018 $9,133 $749,700 $525,300 $224,400
2016 $4,987 $413,149 $286,925 $126,224
2015 $4,914 $406,944 $282,616 $124,328
2014 $4,936 $398,973 $277,080 $121,893
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-550966

The MLS

APN: 5304-009-022