NOT LISTED FOR SALE

1311 Fernwood Pacific Dr Topanga, CA 90290

Estimated Value: $1,066,000 - $1,342,000

1 Bed
1 Bath
632 Sq Ft
$1,974/Sq Ft Est. Value

Last Sold November 10, 2014

Last sale price $660,000 $1,044 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $7,597/month

31 Days on Market

Highlights

  • 31,060 Sq Ft lot
  • Cottage
  • Detached Carport Space
  • Canyon View
  • Laundry Room
  • Dining Area

About This Home

As of November 2014

First time on the market in 50 years - This is an exceptionally large, view parcel (over 2/3 acre) not often found in the highly desirable Fernwood area of Topanga Canyon. The charming 1 bedroom, 1 bath cottage is surrounded by the greenhouses and exotic plants planted and maintained by the longtime owner of Fernwood Landscaping. Very useable parcel with ample off-street parking

Last Agent to Sell the Property

Eric Nelson

Topanga Properties License #00898829 Listed on: 09/04/2014

Last Buyer's Agent

Adrian Wright

Compass License #00935559

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,573

Year Built

  • Built in 1925

Lot Details

  • 0.71 Acre Lot
  • Property is zoned LCR110

Home Design

  • Cottage

Interior Spaces

  • 632 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Canyon Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • Detached Carport Space

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4447-011-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,573

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 632
  • Stories: 1
  • Year Built: 1925
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Mixed
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Hood Fan
  • Price Per S Q F T: 1106.01

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Canyon
  • View: Yes

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Heating: Wall Electric
  • Sewer: Septic Tank

Lot Info

  • Assessor Parcel Number: 4447-011-011
  • Geocode Override: No
  • Lot Size Area: 31060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2014
Closed on
Oct 29, 2014
Sold by
Weld Rogers Herbert Wood and Weld Ruth Darlene
Bought by
Lefranc Charles and Chauvigne Lefranc Elise Marie
Seller's Agent
Eric Nelson
Topanga Properties
Buyer's Agent
Adrian Wright
Compass
List Price
$745,000
Sold Price
$660,000
Premium/Discount to List
-$85,000
-11.41%
Current Estimated Value
$1,247,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,736
Avg. Annual Appreciation
6.07%
Original Mortgage
$528,000
Outstanding Balance
$408,142
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$839,783

Purchase Details

Closed on
Jul 23, 2005
Sold by
Weld Rogers and Weld Ruth Darlene
Bought by
Weld Rogers Herbert Wood and Weld Ruth Darlene

Purchase Details

Closed on
Jul 9, 2003
Sold by
Weld Rogers
Bought by
Weld Rogers Herbert and Weld Ruth Darlene
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
Lefranc Charles $660,000 Fidelity National Title Co
Weld Rogers Herbert Wood -- --
Weld Rogers Herbert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lefranc Charles $528,000
Previous Owner Wood Weld Rogers Herbert $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2014 11/10/14 Sold $660,000 -5.6% $1,044 / Sq Ft
09/29/2014 09/29/14 Price Changed $699,000 -6.2% $1,106 / Sq Ft
09/04/2014 09/04/14 For Sale $745,000 -- $1,179 / 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 $9,573 $781,194 $757,161 $24,033
2024 $9,573 $765,877 $742,315 $23,562
2023 $9,358 $750,860 $727,760 $23,100
2022 $8,848 $736,139 $713,491 $22,648
2021 $8,761 $721,705 $699,501 $22,204
2019 $8,474 $700,301 $678,754 $21,547
2018 $8,319 $686,571 $665,446 $21,125
2016 $7,976 $659,912 $639,607 $20,305
2015 $7,849 $650,000 $630,000 $20,000
2014 $1,135 $79,363 $61,740 $17,623
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-791365

The MLS

APN: 4447-011-011