NOT LISTED FOR SALE

1167 Montecito Dr Los Angeles, CA 90031

Montecito Heights Neighborhood

Estimated Value: $937,000 - $1,260,000

2 Beds
1 Bath
1,010 Sq Ft
$1,062/Sq Ft Est. Value

Last Sold March 01, 2017

Last sale price $792,500 $785 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,431/month

9 Days on Market

Highlights

  • Art Studio
  • Canyon View
  • Bamboo Flooring
  • Lincoln High School Rated A-
  • Living Room with Fireplace
  • Spanish Architecture

About This Home

As of March 2017

Perched high atop Montecito Heights in the Monterey Hills, this adorable Spanish gem offers sweeping views, incredible outdoor space and an abundance of charm and character. The home is set back comfortably from the street and is sited on a very large, flat lot with canyon views. The property is a private enclave providing inspiring indoor/outdoor living in true southern California style. Inside, you will find immaculate hardwood floors, an updated kitchen with prep sink, formal dining room, breakfast nook, 2 bedrooms and one bathroom. The home also has central heat & air and an alarm system. Outside, the property offers several outdoor living spaces and decks, a flat grassy yard and a small, freestanding building, perfect for an artist studio or home office and the landscaping includes mature fruit trees ready to explode with citrus in the coming months. You can be king of the hill at 1167 Montecito Drive!

Last Agent to Sell the Property

Mark Mintz

Compass License #01859203 Listed on: 02/02/2017

Compass

Last Buyer's Agent

Bryony Atkinson

MAISONRE License #01737362

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 6,835 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 1 Car Garage

Property Views

  • Canyon
  • Mountain
  • Park or Greenbelt

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,010 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Art Studio
  • Alarm System
  • Gas Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Bamboo
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5304-012-023

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

6,835 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1010
  • Stories: 1
  • Year Built: 1926
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Bamboo, Slate, Tile
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 1.00
  • Equipment: Alarm System, Dishwasher, Gas Dryer Hookup, Hood Fan, Range/Oven, Refrigerator, Water Purifier
  • Price Per S Q F T: 618.81

Exterior Features

  • Other Structures: Accessory Bldgs
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Canyon, Green Belt, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 1 Car

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5304-012-023
  • Geocode Override: No
  • Lot Size Area: 6835

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2017
Closed on
Feb 17, 2017
Sold by
Losasso Patrick John
Bought by
Tavakoli Newsha
Seller's Agent
Mark Mintz
Compass
Buyer's Agent
Bryony Atkinson
MAISONRE
List Price
$625,000
Sold Price
$792,500
Premium/Discount to List
$167,500
26.8%
Current Estimated Value
$1,072,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,093
Avg. Annual Appreciation
3.41%

Purchase Details

Closed on
Apr 11, 2005
Sold by
Dowen Andrew Z and The Szymanski Family Trust
Bought by
Losasso Patrick John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tavakoli Newsha $792,500 Ortc
Losasso Patrick John $475,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Losasso Patrick John $380,000
Closed Losasso Patrick John $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2017 03/01/17 Sold $792,500 +26.8% $785 / Sq Ft
02/02/2017 02/02/17 For Sale $625,000 -- $619 / Sq Ft
Source: The MLS

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 $10,932 $919,757 $641,220 $278,537
2024 $10,932 $901,724 $628,648 $273,076
2023 $10,717 $884,044 $616,322 $267,722
2022 $10,212 $866,711 $604,238 $262,473
2021 $10,088 $849,718 $592,391 $257,327
2019 $9,782 $824,517 $574,821 $249,696
2018 $9,734 $808,350 $563,550 $244,800
2016 $6,256 $521,000 $272,800 $248,200
2015 $5,101 $424,000 $222,000 $202,000
2014 $5,224 $424,000 $222,000 $202,000
Source: Public Records

Agents Affiliated with this Home

  • Mark Mintz

    Seller's Agent in 2017

    Mark Mintz

    Compass

    (310) 991-3808

    1 in this area

    60 Total Sales

    Mark Mintz
    Section Image
  • Bryony Atkinson

    Buyer's Agent in 2017

    Bryony Atkinson

    MAISONRE

    (877) 468-7301

    1 in this area

    51 Total Sales

    Bryony Atkinson
    Section Image
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Map

Source: The MLS

MLS Number: 17-196420

The MLS

APN: 5304-012-023

California Los Angeles County Los Angeles 90031 Montecito Heights

1167 Montecito Dr, Los Angeles, CA

Not Listed for Sale

Detached

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