NOT LISTED FOR SALE

Estimated Value: $866,000 - $926,000

3 Beds
1 Bath
1,188 Sq Ft
$765/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $770,000 $648 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,726/month

31 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Recessed Lighting
  • Bonus Room
  • Neighborhood Views
  • Laundry Room

About This Home

As of November 2022

PRICE IMPROVEMENT! Chic Bungalow Style Single Family home nestled in a quaint neighborhood in the prestigious Lake Balboa community. This spacious 3-bedroom, permitted bonus room, 1 bathroom home boasts an open floor plan with lots of natural light. Enter the long driveway to your detached 2-car garage. Third bedroom is used as an office with no closet and opens up to the roomy bonus room with direct access to your private back yard. Previous upgrades include copper plumbing, elegant plantation shutters, recess lighting and gorgeous drought tolerant landscaping. Entertain in your large backyard with a sitting area for a BBQ or expand adding a primary bedroom/bathroom or an ADU. Plenty of room for expansion! Great Location, near parks, shopping, restaurants and easy access to the 101 freeway! Spectacular!

Last Agent to Sell the Property

Dana Murphy

Redfin Corporation License #01348375 Listed on: 09/23/2022

Last Buyer's Agent

Forrest Vickery

Compass License #02143008

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,722

Year Built

  • Built in 1950

Lot Details

  • 6,660 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Bungalow

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Bonus Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 284
  • Tax Tract Number 13753
  • Assessor Parcel Number 2229020019
  • $286 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,722

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2229020019
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1188.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 648.15
  • Room Type: All Bedrooms Down, Bonus Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6660.00
  • Lot Size Acres: 0.1529

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6660.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1320.01
  • Tax Lot: 284
  • Tax Tract Number: 13753
  • TaxOtherAnnualAssessmentAmount: 286.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
Nov 15, 2022
Sold by
Sutton Lindy
Bought by
Sutton Steven D
Seller's Agent
Dana Murphy
Redfin Corporation
Buyer's Agent
Forrest Vickery
Compass
List Price
$899,999
Sold Price
$770,000
Premium/Discount to List
-$129,999
-14.44%
Views
19
Current Estimated Value
$909,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,312
Avg. Annual Appreciation
6.10%
Original Mortgage
$616,000
Outstanding Balance
$598,096
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$311,216

Purchase Details

Listed on
Sep 23, 2022
Closed on
Nov 10, 2022
Sold by
Honda Shaun M and Costa Carla
Bought by
Sutton Matthew and Sutton Steven D
Seller's Agent
Dana Murphy
Redfin Corporation
Buyer's Agent
Forrest Vickery
Compass
List Price
$899,999
Sold Price
$770,000
Premium/Discount to List
-$129,999
-14.44%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Outstanding Balance
$598,096
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$311,216

Purchase Details

Closed on
Jun 21, 2021
Sold by
Honda Shaun M and Costa Carla D
Bought by
Honda Shaun M and Honda Carla D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2017
Closed on
Jun 22, 2017
Sold by
Hodgkins Jeannie E Hodgkins
Bought by
Honda Shaun and Costa Carla
Seller's Agent
Duncan Watson
Compass
Buyer's Agent
Dana Murphy
List Price
$529,000
Sold Price
$576,333
Premium/Discount to List
$47,333
8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Original Mortgage
$312,000
Interest Rate
3.25%
Mortgage Type
New Conventional
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
Sutton Steven D -- Title Forward Of California In
Sutton Matthew $770,000 Title Forward Of California In
Honda Shaun M -- Unisource
Honda Shaun $576,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutton Matthew $616,000
Previous Owner Honda Shaun M $421,000
Previous Owner Honda Shaun $421,900
Previous Owner Honda Shaun $90,000
Previous Owner Honda Shaun $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $770,000 -3.6% $648 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/14/2022 10/14/22 Price Changed $799,000 -4.9% $673 / Sq Ft
10/05/2022 10/05/22 Price Changed $840,000 -6.7% $707 / Sq Ft
09/23/2022 09/23/22 For Sale $899,999 +56.2% $758 / Sq Ft
07/11/2017 07/11/17 Sold $576,333 +8.9% $520 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $529,000 -- $477 / 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 $9,722 $801,107 $640,886 $160,221
2024 $9,722 $785,400 $628,320 $157,080
2023 $9,535 $770,000 $616,000 $154,000
2022 $7,496 $617,906 $494,390 $123,516
2021 $7,405 $605,792 $484,697 $121,095
2020 $7,478 $599,582 $479,728 $119,854
2019 $7,185 $587,826 $470,322 $117,504
2018 $7,101 $576,300 $461,100 $115,200
2016 $963 $72,058 $41,396 $30,662
2015 $950 $70,977 $40,775 $30,202
2014 $962 $69,588 $39,977 $29,611
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB22208193

California Regional Multiple Listing Service (CRMLS)

APN: 2229-020-019