NOT LISTED FOR SALE

Estimated Value: $1,643,000 - $1,730,000

4 Beds
2 Baths
1,872 Sq Ft
$904/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $1,400,000 $748 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $10,865/month

9 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Property is near public transit
  • High Ceiling
  • Minnie Gant Elementary School Rated A
  • Wood Flooring
  • Corian Countertops

About This Home

As of October 2022

1220 Los Altos is a classic Mid-century Modern Ranch that is proudly positioned on one of Park Estate’s best streets, the jacaranda-lined Los Altos Avenue. Offering nearly 1,900 square feet across four bedrooms and two bathrooms, this striking single level floor plan offers open entertaining spaces and tranquil private quarters. The public spaces are central to this special home; enter the front double doors into a slate-tiled formal entry, gaze upon the sunlit formal dining room and adjacent connected and open kitchen, ease into the classic mid-mod formal living room with open beam ceilings, stacked stone wood-burning fireplace, angled interior soffit and wide bank of bright French doors and sidelights. Offering the most supreme of floorplans, the private quarters are split into two separate wings; the primary bedroom suite stands alone on the north side of the property and includes a connected ¾ bathroom with expansive dressing area and three large closets while the other wing is located on the south side of the property and includes two large bedrooms, full bathroom and adjacent den that is accessible from the kitchen and rear covered patio. The professionally landscaped lot is a true example of indoor / outdoor integration and living as it sprawls across nearly 9,000 square feet (and even includes orange and avocado trees!) and offers over 300 additional square feet of living space underneath two broad covered patios – one patio that is adjacent to the formal living room and one patio that is adjacent to the den. As if this distinct home were not special enough, it also offers numerous modern updates: HVAC system, recessed lighting, modern electrical system, newer water heater. If you’ve been searching for that special mid-century modern home with the fantastic floor plan, you’ve found your match. It’s time to begin your next chapter…welcome home to 1220 Los Altos!

Last Agent to Sell the Property

Jeff Anderson

eXp Realty of California Inc License #01729514 Listed on: 09/06/2022

eXp Realty of California Inc

Co-Listed By

Torey Carrick

eXp Realty of California Inc License #01878468

Last Buyer's Agent

Mark Jensen

eXp Realty of Greater L.A License #01739865

eXp Realty of Greater L.A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,125

Year Built

  • Built in 1956

Lot Details

  • 8,854 Sq Ft Lot
  • Landscaped
  • Back and Front Yard

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,872 Sq Ft Home
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Dining Room
  • Den with Fireplace
  • Neighborhood Views

Kitchen

  • Walk-In Pantry
  • Corian Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Tile Bathroom Countertop
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Accessible Parking
  • Covered patio or porch
  • Property is near public transit
  • Central Heating and Cooling System

Community Details

  • Park Estates Association, Phone Number (562) 498-3383
  • Park Estates Subdivision

Listing and Financial Details

  • Tax Lot 37
  • Tax Tract Number 20000
  • Assessor Parcel Number 7240017037

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,125

Year Built

Built in 1956

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Torey Carrick
  • Other Phone Number: 310-567-7452
  • Property Attached: No
  • Subdivision Name Other: Park Estates (PE)
  • View: Yes
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7240017037
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1872.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), High Ceilings, Recessed Lighting, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: Parking
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Den
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 747.86
  • Room Type: Den, Kitchen, Laundry, Living Room, Master Bedroom, Walk-In Pantry
  • Bathroom Features: Tile Counters, Walk-In Shower
  • Room Kitchen Features: Corian Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Concrete, Covered
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules
  • Association Fee: 125.00
  • Association Fee Frequency: Annually
  • Association Name: Park Estates
  • Phone: 562-498-3383
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Park Estates

Schools

  • School District: Long Beach Unified

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Near Public Transit
  • Lot Size Sq Ft: 8854.00
  • Lot Size Acres: 0.2033

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8854.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 37
  • Tax Tract Number: 20000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2010
Sold by
Payne James Robert
Bought by
Payne James Robert and Payne Patricia Ann
Current Estimated Value
$1,692,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2005
Sold by
Payne James Robert
Bought by
Payne James Robert and Payne Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1998
Sold by
Payne James R
Bought by
Payne James Robert and Payne Patricia Ann
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
Payne James Robert -- Old Republic Title Company
Payne James Robert -- Old Republic Title Company
Payne James Robert -- --
Payne James Robert -- Ort
Payne James Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jensen Michael $138,650
Open Payne Revocable Trust $350,000
Previous Owner Payne James Robert $135,000
Previous Owner Payne James Robert $260,000
Previous Owner Payne James Robert $230,000
Previous Owner Payne James Robert $150,000
Previous Owner Payne James R $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $1,400,000 +8.1% $748 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $1,295,000 -- $692 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,125 $1,456,560 $1,165,248 $291,312
2024 $18,125 $1,428,000 $1,142,400 $285,600
2023 $17,913 $1,400,000 $1,120,000 $280,000
2022 $6,651 $526,137 $260,043 $266,094
2021 $6,515 $515,822 $254,945 $260,877
2019 $6,419 $500,525 $247,384 $253,141
2018 $6,186 $490,712 $242,534 $248,178
2016 $5,682 $471,659 $233,117 $238,542
2015 $5,454 $464,575 $229,616 $234,959
2014 $5,415 $455,476 $225,119 $230,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22195728

California Regional Multiple Listing Service (CRMLS)

APN: 7240-017-037