NOT LISTED FOR SALE

Estimated Value: $1,196,000 - $1,379,000

3 Beds
2 Baths
2,273 Sq Ft
$574/Sq Ft Est. Value

Last Sold August 17, 2016

Last sale price $740,000 $326 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $7,830/month

16 Days on Market

Highlights

  • Private Pool
  • All Bedrooms Downstairs
  • No HOA
  • RV Access or Parking
  • 17,000 Sq Ft lot
  • 2 Attached Carport Spaces

About This Home

As of August 2016

Beautiful Lake Balboa home on oversize lot. Properties like this do not come on the market very often. This family home boasts huge bedrooms, expansive family room with open concept kitchen, living room, and formal dining. Wood, travertine, and tile floors throughout. French doors lead out to the huge backyard which delights with a swimmer's pool, covered patio, garden area with additional patio, work sheds, outdoor storage yard, and carports. There is ample RV parking. All major systems updated including new roof.

In addition there is a lovely attached smaller house which has one bathroom and two bedrooms; the master is huge with a walk-in closet. This little house also has a huge living area, laundry room, eat-in kitchen, and it's own private gated yard. There are wood and tile floors throughout.

Last Agent to Sell the Property

Stacy Alvarado

Premier Realty Associates License #01956081 Listed on: 06/08/2016

Last Buyer's Agent

Anne Friel

Keller Williams Encino-Sherman Oaks License #01266954

Keller Williams Encino-Sherman Oaks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,793

Year Built

  • Built in 1952

Lot Details

  • 0.39

Home Design

  • Ranch Style House
  • Composition Roof

Interior Spaces

  • 2,273 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Available
  • Combination Of Materials Used In The Driveway
  • RV Access or Parking

Additional Features

  • Private Pool
  • 0.39 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 13308
  • Assessor Parcel Number 2229007025

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,793

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2229007025
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2273.00
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Price Per Square Foot: 325.56
  • Room Type: All Bedrooms Down, Family Room, Separate Family Room

Exterior Features

  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway - Combination, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central, Fireplace(s)
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17000.00
  • Price Per Lot Square Foot: 43.53

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 13308

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2016
Closed on
Jul 6, 2016
Sold by
Alvarado Raymond
Bought by
Gonzales Marlene Mary and Amaro Sergio
Seller's Agent
Stacy Alvarado
Premier Realty Associates
Buyer's Agent
Anne Friel
Keller Williams Encino-Sherman Oaks
List Price
$735,000
Sold Price
$740,000
Premium/Discount to List
$5,000
0.68%
Current Estimated Value
$1,265,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,867
Avg. Annual Appreciation
6.52%
Original Mortgage
$592,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2007
Sold by
Alvarado Stacy
Bought by
Alvarado Raymond and Alvarado Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2005
Sold by
Moore Bert
Bought by
Alvarado Raymond and Alvarado Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 17, 2005
Sold by
Jordan Stacy Jones
Bought by
Alvarado Raymond and Alvarado Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 25, 2004
Sold by
Alvarado Stacy J
Bought by
Alvarado Raymond and Alvarado Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 6, 2004
Sold by
Alvarado Stacy
Bought by
Alvarado Raymond and Alvarado Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2001
Sold by
Jones Fran M
Bought by
Jones Fran M and The Fran Jones Trust Of 2000

Purchase Details

Closed on
Jun 25, 1999
Sold by
Smith John
Bought by
Jordan Stacy and Jones Fran M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.64%
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
Gonzales Marlene Mary $740,000 California Title Company
Alvarado Raymond -- United General Title Ins Co
Alvarado Raymond -- Financial Title
Alvarado Raymond -- Financial Title
Alvarado Raymond -- --
Alvarado Stacy J -- --
Alvarado Stacy J -- --
Alvarado Raymond -- Southland Title
Alvarado Raymond -- --
Jones Fran M -- --
Jordan Stacy $315,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amaro Sergio $558,500
Closed Amaro Sergio $558,500
Closed Gonzales Marlene Mary $592,000
Previous Owner Alvarado Raymond $570,000
Previous Owner Alvarado Raymond $120,000
Previous Owner Alvarado Raymond $354,700
Previous Owner Alvarado Raymond $354,700
Previous Owner Alvarado Raymond $150,000
Previous Owner Alvarado Raymond $141,000
Previous Owner Jordan Stacy $115,000
Closed Jordan Stacy $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2016 08/17/16 Sold $740,000 +0.7% $326 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $735,000 -- $323 / 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 $10,793 $858,827 $522,260 $336,567
2024 $10,793 $841,988 $512,020 $329,968
2023 $10,593 $825,480 $501,981 $323,499
2022 $10,118 $809,295 $492,139 $317,156
2021 $9,993 $793,428 $482,490 $310,938
2019 $9,705 $769,896 $468,180 $301,716
2018 $9,424 $754,800 $459,000 $295,800
2016 $6,367 $504,118 $201,253 $302,865
2015 $6,278 $496,546 $198,230 $298,316
2014 $6,308 $486,820 $194,347 $292,473
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16123873

California Regional Multiple Listing Service (CRMLS)

APN: 2229-007-025