NOT LISTED FOR SALE

Estimated Value: $1,168,000 - $1,851,000

4 Beds
3 Baths
1,560 Sq Ft
$990/Sq Ft Est. Value

Last Sold March 05, 2019

Last sale price $1,060,500 $680 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $9,375/month

Highlights

  • View of Hills
  • Two Homes on a Lot
  • Forced Air Heating and Cooling System
  • Spanish Architecture
  • Laundry Room
  • 1-Story Property

About This Home

As of March 2019

Welcome to this Quintessential Spanish two home compound. Drive through your private automatic gate into your your 4 parking space driveway area. Also, there is a separate pedestrian entrance to the back unit. The 2/1 front unit is in good shape and is currently occupied. In addition there is outdoor space to the side of the front unit. Past the driveway area there is some outdoor space on the way to the private 2 bed 1 1/2 bath back vacant unit. The back home was renovated and few years back and has a newer roof. Mainly the bathrooms, master created and flow of the residence were improved. There is the possibility of creating more outdoor space in back and off the back door of the back unit to take advantage of the views. Each unit also has central AC/heat and laundry. Tenancy of the front unit maybe negotiable. The lot is also zoned LARD1.5 TOC2 which mayt allow up to 8 units. Do your own investigations regarding this possibility. You are just north of sunset and can walk to Dodgers games, Echo Park lake, Ostrich Farm, coffee shops and many bars, restaurants and shops. This falls under moderate income area and First Republic Bank offers rates as low as 3.8 % for this property if used as primary residence.

Last Agent to Sell the Property

Jonathan Barr

NELA Homes License #01435729 Listed on: 01/02/2019

Last Buyer's Agent

Anthony Puma

eXp Realty of California Inc License #01375596

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,196

Year Built

  • Built in 1921

Lot Details

  • 7,191 Sq Ft Lot
  • No Common Walls
  • Land Lease

Home Design

  • Spanish Architecture
  • Bungalow
  • Flat Roof Shape
  • Raised Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 1-Story Property
  • Laminate Flooring
  • Views of Hills

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Available
  • Private Parking
  • Automatic Gate
  • Parking Lot

Additional Homes

  • Two Homes on a Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5406010040

Community Details

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $420
  • Water Sewer Expense $1,000
  • New Taxes Expense $12,438

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,196

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Attached: No
  • Security: Automatic Gate
  • View: Yes
  • Water Sewer Expenses: 1000.00
  • Zoning: LARD1.5
  • Architectural Style: Bungalow, Spanish
  • Property Type: Residential Income
  • Parcel Number: 5406010040
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • View: Hills
  • Roof: Flat
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space, Private

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooking, Gas Oven, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Common Area, Dryer Included, Gas & Electric Dryer Hookup, Washer Included
  • Trash Expense: 420.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: Yes
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7191.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 780 Square Feet
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7191.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 1970.00

Tax Info

  • New Taxes Expense: 12438.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2019
Closed on
Feb 27, 2019
Sold by
Raising The Barr Inc
Bought by
Jaquess Long Theodore Clay and Jaquess Long Carolyn
Seller's Agent
Jonathan Barr
NELA Homes
Buyer's Agent
Anthony Puma
eXp Realty of California Inc
List Price
$995,000
Sold Price
$1,060,500
Premium/Discount to List
$65,500
6.58%
Current Estimated Value
$1,545,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,595
Avg. Annual Appreciation
5.87%
Original Mortgage
$836,000
Outstanding Balance
$734,986
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$810,109

Purchase Details

Closed on
Mar 16, 2016
Sold by
Raising The Barr Incorporated
Bought by
Barr Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2016
Sold by
Barr Jonathan
Bought by
Raising The Barr Incorporated and Highland & Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2014
Sold by
Highland Center Llc
Bought by
Raising The Barr Incorporated and Highland Trust

Purchase Details

Closed on
Aug 5, 2014
Sold by
Highland Center Llc
Bought by
Raising The Barr Incorporated and The Quintero Trust

Purchase Details

Closed on
Apr 2, 2012
Sold by
Barr Jonathan
Bought by
Highland Center Llc and Highland Trust

Purchase Details

Closed on
Dec 6, 2011
Sold by
Barr Jonathan and Quintero Trust
Bought by
Barr Jonathan

Purchase Details

Closed on
Mar 30, 2010
Sold by
Barr Jonathan
Bought by
Barr Jonathan and The Quintero Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 2010
Sold by
The Quintero Trust
Bought by
Barr Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 2010
Sold by
Fiscella Andrew Gerald
Bought by
The Quintero Trust and Financial Fitness Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2005
Sold by
Bird Gregory M
Bought by
Fiscella Andrew Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2004
Sold by
Bird Gregory M
Bought by
Bird Gregory M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2001
Sold by
Bird Gregory M
Bought by
Bird Gregory M

Purchase Details

Closed on
Oct 18, 2000
Sold by
Wu Raymond M
Bought by
Bird Gregory M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,600
Interest Rate
7.9%

Purchase Details

Closed on
Nov 2, 1995
Sold by
Petrulli Helen
Bought by
Wu Raymond M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.47%
Source: Public Records

Range of Values:

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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
Jaquess Long Theodore Clay $1,060,500 Provident Title
Barr Jonathan -- Fidelity National Title
Raising The Barr Incorporated -- Accommodation
Raising The Barr Incorporated -- None Available
Raising The Barr Incorporated -- None Available
Highland Center Llc -- Accommodation
Barr Jonathan -- Provident Title Company
Barr Jonathan -- None Available
Barr Jonathan $300,000 Provident Title Company
The Quintero Trust -- None Available
Fiscella Andrew Gerald $665,000 First American Title Co
Bird Gregory M -- California Counties Title Co
Bird Gregory M -- --
Bird Gregory M $171,000 United Title Company
Wu Raymond M $125,000 Fidelity National Title Ins
Petrulli Helen -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaquess Long Theodore Clay $836,000
Previous Owner Barr Jonathan $275,000
Previous Owner Barr Jonathan $294,566
Previous Owner Fiscella Andrew Gerald $532,000
Previous Owner Bird Gregory M $250,000
Previous Owner Bird Gregory M $136,600
Previous Owner Wu Raymond M $100,000
Closed Wu Raymond M $12,500
Closed Bird Gregory M $25,600
Closed Fiscella Andrew Gerald $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2019 03/05/19 Sold $1,060,500 +6.6% $680 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
01/02/2019 01/02/19 For Sale $995,000 -- $638 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $14,196 $1,183,003 $892,413 $290,590
2024 $14,196 $1,159,808 $874,915 $284,893
2023 $13,919 $1,137,067 $857,760 $279,307
2022 $13,268 $1,114,773 $840,942 $273,831
2021 $13,108 $1,092,915 $824,453 $268,462
2020 $13,242 $1,081,710 $816,000 $265,710
2019 $4,255 $347,134 $260,353 $86,781
2018 $4,180 $340,329 $255,249 $85,080
2016 $3,982 $327,116 $245,339 $81,777
2015 $3,924 $322,203 $241,654 $80,549
2014 $3,947 $315,893 $236,921 $78,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819000023

Pasadena-Foothills Association of REALTORS®

APN: 5406-010-040