NOT LISTED FOR SALE

1340 Lotta Dr Los Angeles, CA 90063

Estimated Value: $768,942 - $841,000

3 Beds
2 Baths
1,579 Sq Ft
$509/Sq Ft Est. Value

Last Sold January 15, 2014

Last sale price $340,000 $215 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $4,689/month

2 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • Family Room
  • Lincoln High School Rated A-
  • Formal Entry

About This Home

As of January 2014

SEXY. CHIC. FABULOUS. ARTSY FARTSY. This 2 story Colonial is perched high up in the upcoming City Terrace local! Soaring 10' vintage ceilings, accented with crown molding, transom windows, original casement doors and tons of arched windows creating an elegant feel to this home. Living room and family room, light and bright with beautiful OG hardwood floors... Two bathrooms completely remodeled with mosaic tile, new hardware, plumbing and a claw foot bath tub. Remodeled with consciousness allowing the natural integrity of this home to keep it's flare. Home Depot nerds brace yourselves! Grounds: terraced with a blank pallet. Front view offers a mountainside and trees. Detached garage.

Last Agent to Sell the Property

Paul Munoz

Freemanfoxx Realty License #01223120 Listed on: 12/18/2013

Last Buyer's Agent

Paul Munoz

Freemanfoxx Realty License #01223120 Listed on: 12/18/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1905

Lot Details

  • 5,831 Sq Ft Lot
  • Road Access Is Seasonal

Parking

  • 1 Car Garage

Interior Spaces

  • 1,579 Sq Ft Home
  • Formal Entry
  • Family Room
  • Views of Woods

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 388
  • Tax Tract Number 6481
  • Assessor Parcel Number 5226024020

Home Details

Home Type

Single Family

Year Built

Built in 1905

Lot Details

5,831 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Access is Seasonal
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5226024020
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1579.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: Two
  • Price Per Square Foot: 215.33
  • Room Type: Family Room, Formal Entry

Exterior Features

  • View: Trees/Woods
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 5831.00
  • Lot Size Acres: 0.1340

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5831.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 388
  • Tax Tract Number: 6481

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2013
Closed on
Dec 23, 2013
Sold by
Mercado Salvador and Mercado Nelly Nava
Bought by
Velasco Consuelo Elaine and Montoya Richard James
Seller's Agent
Paul Munoz
Freemanfoxx Realty
Buyer's Agent
Paul Munoz
Freemanfoxx Realty
List Price
$389,999
Sold Price
$340,000
Premium/Discount to List
-$49,999
-12.82%
Current Estimated Value
$803,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,486
Avg. Annual Appreciation
7.32%
Original Mortgage
$230,000
Outstanding Balance
$173,590
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$629,896

Purchase Details

Listed on
May 30, 2013
Closed on
Jul 12, 2013
Sold by
Ramos Manuel G
Bought by
Mercado Salvador and Mercado Nelly Nava
Seller's Agent
MANUEL PEREZ
REALTY EXECUTIVES ELITE TEAM
Buyer's Agent
Paul Munoz
Freemanfoxx Realty
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.40%
Original Mortgage
$284,747
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 2003
Sold by
Ramos Manuel and Limon Alma G
Bought by
Vasquez Michael
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
Velasco Consuelo Elaine $340,000 Nations Title
Mercado Salvador $290,000 Fidelity National Title Co
Vasquez Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasco Consuelo Elaine $230,000
Previous Owner Mercado Salvador $284,747
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2014 01/15/14 Sold $340,000 -12.8% $215 / Sq Ft
12/20/2013 12/20/13 Pending -- -- --
12/18/2013 12/18/13 For Sale $389,999 +34.5% $247 / Sq Ft
08/20/2013 08/20/13 Sold $290,000 -1.7% $184 / Sq Ft View Prior Sale
07/15/2013 07/15/13 Pending -- -- --
06/27/2013 06/27/13 Price Changed $294,999 0.0% $187 / Sq Ft
05/30/2013 05/30/13 For Sale $295,000 -- $187 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,553 $416,785 $243,207 $173,578
2024 $5,553 $408,614 $238,439 $170,175
2023 $5,458 $400,603 $233,764 $166,839
2022 $5,204 $392,749 $229,181 $163,568
2021 $5,139 $385,049 $224,688 $160,361
2019 $4,981 $373,630 $218,025 $155,605
2018 $4,892 $366,304 $213,750 $152,554
2016 $4,676 $352,081 $205,450 $146,631
2015 $4,685 $346,793 $202,364 $144,429
2014 $4,089 $290,000 $155,900 $134,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR13249550

California Regional Multiple Listing Service (CRMLS)

APN: 5226-024-020

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