NOT LISTED FOR SALE

Estimated Value: $919,516 - $965,000

3 Beds
2 Baths
1,637 Sq Ft
$574/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $881,000 $538 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,375/month

85 Days on Market

Highlights

  • Golf Course Community
  • Primary Bedroom Suite
  • Traditional Architecture
  • Spa
  • Open Floorplan
  • Main Floor Bedroom

About This Home

As of February 2024

Immaculate, expanded Lake Balboa Sparkling single story gem is now 1637 square feet. This 3 bedroom, 2 bath home boasts a Spacious Primary Suite Oasis with taller ceilings and updated ensuite 3/4 bath, plush carpet, and double glass doors to the huge covered patio. The bright, large living room features wood plank style laminate flooring, smooth ceilings, recessed lighting, bench seat window with view of manicured front yard, and a charming dining area. The attractive updated galley kitchen offers granite counters with complimenting tile back splash, accenting the quality, abundant cabinets with glass doors and extra storage space. Don't miss the grand step-down family room addition. Perfect for celebrating holidays, hosting parties, or enjoying family game nights with its vaulted ceilings, tile floors, wood beamed ceilings, track lighting, convenient windows and door to the rear yard, and second door to the adjacent bonus studio/Craft workshop. Retreat to the east wing with two additional roomy bedrooms and an updated full bathroom. New laminate floors, newly installed HVAC 2023, and newer updated bathrooms. Backyard is ideal for summer entertaining with covered patio and built-in BBQ. Detached 2-car garage at the rear could have ADU potential, plus the storage shed provides lots of possibilities. Come make this Lake Balboa house your home!

Last Agent to Sell the Property

Teresa Todd

Rodeo Realty License #00897109 Listed on: 10/26/2023

Rodeo Realty

Co-Listed By

Jonathan Marhaba

Rodeo Realty License #02078041

Last Buyer's Agent

Runjing Chen

Coldwell Banker License #01491272

Coldwell Banker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,067

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 6,000 Sq Ft Lot
  • Masonry wall
  • Wood Fence
  • Block Wall Fence
  • Rectangular Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Parking Available
  • Workshop in Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,637 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar
  • Dry Bar
  • Chair Railings
  • Beamed Ceilings
  • Ceiling Fan
  • Track Lighting
  • Blinds
  • Entryway
  • Separate Family Room
  • Living Room
  • Dining Room
  • Attic Fan

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Spa Bath
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 15441
  • Assessor Parcel Number 2227026016
  • $291 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,067

Year Built

Built in 1949 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 8182718005
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: LAR1
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2227026016
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1637.00 Square Feet
  • Interior Amenities: Attic Fan, Bar, Beamed Ceilings, Ceiling Fan(s), Chair Railings, Copper Plumbing Partial, Dry Bar, Open Floorplan, Pantry, Track Lighting
  • Stories: 1
  • Entry Location: street
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 538.18
  • Room Type: All Bedrooms Down, Entry, Family Room, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Suite, Separate Family Room
  • Spa Features: Bath
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised, Slab
  • Other Structures: Workshop
  • Exterior Features: Barbecue Private
  • Fence: Yes
  • Fencing: Block, Masonry, Wood
  • Patio And Porch Features: Concrete, Covered, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Door Opener, Private, Workshop in Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Microwave
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Golf, Park, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Lawn, Rectangular Lot, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1320.02
  • Tax Lot: 32
  • Tax Tract Number: 15441
  • TaxOtherAnnualAssessmentAmount: 291.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Jan 14, 2024
Sold by
Lucero Arthur J and Lucero Sandy M
Bought by
Zhou Jianchang and Yang Mingjie
Seller's Agent
Teresa Todd
Rodeo Realty
Buyer's Agent
Runjing Chen
Coldwell Banker
List Price
$892,500
Sold Price
$881,000
Premium/Discount to List
-$11,500
-1.29%
Views
240
Current Estimated Value
$939,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,379
Avg. Annual Appreciation
4.31%
Original Mortgage
$528,600
Outstanding Balance
$519,857
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$419,522

Purchase Details

Closed on
Sep 13, 2001
Sold by
Lucero Arthur J
Bought by
Lucero Arthur J and Lucero Sandy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
6.99%

Purchase Details

Closed on
Jul 17, 2000
Sold by
Hernandez Marvin L
Bought by
Lucero Arthur J and Lucero Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
9.5%

Purchase Details

Closed on
May 27, 1994
Sold by
Point Magu Fcu
Bought by
Hernandez Marvin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,075
Interest Rate
5.62%
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
Zhou Jianchang $881,000 Progressive Title Company
Lucero Arthur J -- California Counties Title Co
Lucero Arthur J $162,000 First American Title Co
Hernandez Marvin L $149,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Jianchang $528,600
Previous Owner Lucero Arthur J $147,000
Previous Owner Lucero Arthur J $518,996
Previous Owner Lucero Arthur J $499,592
Previous Owner Lucero Arthur J $439,125
Previous Owner Lucero Arthur J $441,000
Previous Owner Lucero Arthur J $60,000
Previous Owner Lucero Arthur J $504,000
Previous Owner Lucero Arthur J $165,000
Previous Owner Lucero Arthur J $109,200
Previous Owner Lucero Arthur J $74,500
Previous Owner Lucero Arthur J $40,000
Previous Owner Lucero Arthur J $328,000
Previous Owner Lucero Arthur J $15,000
Previous Owner Lucero Sandy M $264,600
Previous Owner Lucero Arthur J $24,900
Previous Owner Lucero Arthur J $197,000
Previous Owner Lucero Arthur J $129,600
Previous Owner Hernandez Marvin L $145,075
Closed Lucero Arthur J $32,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $881,000 -1.3% $538 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
12/22/2023 12/22/23 For Sale $892,500 +1.3% $545 / Sq Ft
12/21/2023 12/21/23 Off Market $881,000 -- --
10/26/2023 10/26/23 For Sale $892,500 -- $545 / 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 $3,067 $898,620 $755,412 $143,208
2024 $3,067 $237,823 $95,127 $142,696
2023 $3,010 $233,161 $93,262 $139,899
2022 $2,874 $228,590 $91,434 $137,156
2021 $2,830 $224,109 $89,642 $134,467
2019 $2,747 $217,464 $86,984 $130,480
2018 $2,644 $213,201 $85,279 $127,922
2016 $2,509 $204,923 $81,968 $122,955
2015 $2,472 $201,846 $80,737 $121,109
2014 $2,487 $197,893 $79,156 $118,737
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23199193

California Regional Multiple Listing Service (CRMLS)

APN: 2227-026-016