NOT LISTED FOR SALE

11407 Believe Ln Pacoima, CA 91331

Estimated Value: $706,000 - $778,000

4 Beds
2.5 Baths
1,575 Sq Ft
$471/Sq Ft Est. Value

Last Sold December 08, 2017

Last sale price $450,000 $286 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,426/month

15 Days on Market

Highlights

  • Spanish Architecture
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • No HOA

About This Home

As of December 2017

Well maintained 4 bed 2.5 bath home with plenty of storage space and no HOA dues. Built in 2012, this detached home features a private yard, central AC and solar panels. The kitchen boast stainless steel appliances and granite counter top. The upstairs loft is bright and open with dual skylights allowing plenty of natural light. The large master suite includes an en suite bathroom with double sinks and a walk in closet. Washer dryer hookup located in the garage.

Last Agent to Sell the Property

Troy Kiem

New Investment Realty License #01973615 Listed on: 10/25/2017

Co-Listed By

Edith Alizadeh

New Investment Realty License #01332940

Last Buyer's Agent

Toni Thompson

Coldwell Banker Realty License #01389142

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,329

Year Built

  • Built in 2012

Lot Details

  • 3,766 Sq Ft Lot
  • Property is zoned LARD2

Parking

  • 2 Car Garage

Home Design

  • 1,575 Sq Ft Home
  • Spanish Architecture

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Laundry in Garage
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2532-032-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,329

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1575
  • Year Built: 2012
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 279.37

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2532-032-042
  • Geocode Override: No
  • Lot Size Area: 3766

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2017
Closed on
Dec 4, 2017
Sold by
Kim Jin Ho
Bought by
Kim Hae Jeong
Seller's Agent
Troy Kiem
New Investment Realty
Buyer's Agent
Toni Thompson
Coldwell Banker Realty
List Price
$440,000
Sold Price
$450,000
Premium/Discount to List
$10,000
2.27%
Current Estimated Value
$741,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,263
Avg. Annual Appreciation
6.53%
Original Mortgage
$405,000
Outstanding Balance
$340,175
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$401,088

Purchase Details

Listed on
Oct 25, 2017
Closed on
Nov 14, 2017
Sold by
Chung Joshua Suk
Bought by
Kim Hae Jeong
Seller's Agent
Troy Kiem
New Investment Realty
Buyer's Agent
Toni Thompson
Coldwell Banker Realty
List Price
$440,000
Sold Price
$450,000
Premium/Discount to List
$10,000
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$340,175
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$401,088

Purchase Details

Closed on
Jun 8, 2016
Sold by
Chung Joshua Suk and Chung Sung Hee
Bought by
Chung Joshua Suk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2012
Closed on
Aug 20, 2012
Sold by
Chung Meina
Bought by
Chung Joshua Suk
Seller's Agent
Dan Drantch
Rodeo Realty
Buyer's Agent
Mary Velasquez
Rodeo Realty
Sold Price
$288,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%

Purchase Details

Closed on
Apr 18, 2012
Sold by
City Homes Corp
Bought by
Chung Joshua Suk and Chung Sung Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,513
Interest Rate
3.25%
Mortgage Type
FHA
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
Kim Hae Jeong -- Orange Coast Title
Kim Hae Jeong $450,000 Orange Coast Title
Chung Joshua Suk -- Provident Title Company
Chung Joshua Suk -- Chicago Title Company
Chung Joshua Suk $289,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Hae Jeong $405,000
Previous Owner Chung Joshua Suk $266,000
Previous Owner Chung Joshua Suk $283,513
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2017 12/08/17 Sold $450,000 +2.3% $286 / Sq Ft
11/09/2017 11/09/17 Pending -- -- --
10/25/2017 10/25/17 For Sale $440,000 +52.4% $279 / Sq Ft
08/24/2012 08/24/12 Sold $288,744 -- $194 / Sq Ft View Prior Sale
04/16/2012 04/16/12 Pending -- -- --
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 $6,329 $512,017 $304,366 $207,651
2024 $6,329 $501,979 $298,399 $203,580
2023 $6,208 $492,138 $292,549 $199,589
2022 $5,920 $482,489 $286,813 $195,676
2021 $5,842 $473,030 $281,190 $191,840
2019 $5,668 $459,000 $272,850 $186,150
2018 $5,575 $450,000 $267,500 $182,500
2017 $4,431 $355,657 $135,636 $220,021
2016 $3,720 $300,313 $118,897 $181,416
2015 $3,667 $295,803 $117,112 $178,691
2014 $3,685 $290,009 $114,818 $175,191
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Troy Kiem

    New Investment Realty

    Section Image

  • E

    Seller Co-Listing Agent in 2017

    Edith Alizadeh

    New Investment Realty

    Section Image

  • T

    Buyer's Agent in 2017

    Toni Thompson

    Coldwell Banker Realty

  • Dan Drantch

    Seller's Agent in 2012

    Dan Drantch

    Rodeo Realty

    (818) 261-0030

    63 Total Sales

    Dan Drantch
    Section Image
  • Aaron Scott

    Seller Co-Listing Agent in 2012

    Aaron Scott

    Coldwell Banker Realty

    (310) 663-9431

    15 Total Sales

    Aaron Scott
    Section Image

  • M

    Buyer's Agent in 2012

    Mary Velasquez

    Rodeo Realty

    (818) 642-0133

    2 Total Sales

    Mary Velasquez
    Section Image
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Map

Source: The MLS

MLS Number: 17-283950

The MLS

APN: 2532-032-042

California Los Angeles County Pacoima 91331

11407 Believe Ln, Pacoima, CA

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