NOT LISTED FOR SALE

18311 Summer Ave Artesia, CA 90701

Estimated Value: $1,344,000 - $1,687,000

5 Beds
3 Baths
2,688 Sq Ft
$577/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $1,290,000 $480 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,787/month

17 Days on Market

Highlights

  • 0.38 Acre Lot
  • Main Floor Bedroom
  • Sun or Florida Room
  • Burbank (Luther) Elementary School Rated A-
  • Attic
  • Lawn

About This Home

As of October 2021

This California dream home is , newly updated, beautiful single story, cul-de-sac house sitting on a spacious 16,459 sq ft lot. It has a beautifully landscaped private park like setting as a backyard. It's located in the most desirable neighborhood of Artesia. It has 5 bedrooms, 3 bathrooms , a new kitchen, dining room, living room and a family room. The large living room and the cozy family room, both come with stone crafted fireplaces to keep you warm on winter nights. A large 600 sqft sunroom is in addition to 2688 sqft living area provides an entertainers delight . The house comes with furniture and new appliances. The huge backyard setting has lots of fruit trees. Centrally located in an award winning ABC Unified School District. Walking distance from shopping, dinning and entertainment hub.

Last Agent to Sell the Property

Mary Nathan

Corcoran Global Living License #02042773 Listed on: 08/08/2021

Corcoran Global Living

Last Buyer's Agent

Mary Nathan

Corcoran Global Living License #02042773 Listed on: 08/08/2021

Corcoran Global Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,036

Year Built

  • Built in 1959

Lot Details

  • 0.38 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Garden
  • Property is zoned ATR16000*

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,688 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Sun or Florida Room
  • Attic

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 24695
  • Assessor Parcel Number 7039007034

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,036

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: House furniture like Sofas, beds, dressers, dining table, Chairs. Appliances- Refrigerator, brand new double oven, brand new stove, dishwasher, Washer & Dryer.
  • Property Attached: No
  • View: No
  • Zoning: ATR16000*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7039007034
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2688.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room, Gas, Gas Starter, Wood Burning, Decorative
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 479.91
  • Room Type: All Bedrooms Down, Attic, Family Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Sun

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: ABC Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, Front Yard, Garden, Landscaped, Lawn, Level with Street, Lot 10000-19999 Sqft, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 16459.00
  • Lot Size Acres: 0.3778

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16459.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5549.00
  • Tax Lot: 2
  • Tax Tract Number: 24695

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2023
Sold by
Patel Champakbhai Nagarbhai & Alpaben Ch
Bought by
Patel
Current Estimated Value
$1,551,013

Purchase Details

Listed on
Aug 8, 2021
Closed on
Oct 21, 2021
Sold by
Nathan Lakshman and Larrabure Lilah
Bought by
Patel Champakbhai Nagarbhai and Patel Alpaben Champakbhai
Seller's Agent
Mary Nathan
Corcoran Global Living
Buyer's Agent
Mary Nathan
Corcoran Global Living
List Price
$1,399,900
Sold Price
$1,290,000
Premium/Discount to List
-$109,900
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$640,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2008
Sold by
Mcclain James R and Kempner Family Survivors Trust
Bought by
Nathan Lakshman and Larrabure Lilah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2005
Sold by
Kempner William J and Kempner Jo E
Bought by
Kempner William J and Kempner Jo

Purchase Details

Closed on
Dec 2, 1998
Sold by
Pascual Prode P and Pascual Cheri L
Bought by
Kempner William J and Kempner Jo E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.63%
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
Patel -- None Listed On Document
Patel Champakbhai Nagarbhai $1,290,000 Fidelity Natl Ttl Co Torranc
Nathan Lakshman $710,000 First American Title Company
Kempner William J -- --
Kempner William J $300,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Champakbhai Nagarbhai $640,000
Previous Owner Nathan Lakshman $220,000
Previous Owner Nathan Lakshman $568,000
Previous Owner Nathan Lakshman $568,000
Previous Owner Kempner William J $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $1,290,000 -7.9% $480 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
08/08/2021 08/08/21 For Sale $1,399,900 -- $521 / 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 $16,036 $1,368,957 $1,041,787 $327,170
2024 $16,036 $1,342,115 $1,021,360 $320,755
2023 $15,504 $1,315,800 $1,001,334 $314,466
2022 $15,275 $1,290,000 $981,700 $308,300
2021 $10,124 $844,675 $594,844 $249,831
2019 $9,893 $819,623 $577,201 $242,422
2018 $9,171 $803,553 $565,884 $237,669
2016 $8,909 $772,352 $543,911 $228,441
2015 $8,812 $760,751 $535,741 $225,010
2014 $8,636 $731,000 $515,000 $216,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mary Nathan

    Corcoran Global Living

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21168143

California Regional Multiple Listing Service (CRMLS)

APN: 7039-007-034

California Los Angeles County Artesia 90701

18311 Summer Ave, Artesia, CA

This home is located at 18311 Summer Ave, Artesia, CA 90701 since 08 August 2021 and is currently estimated at $1,551,013, approximately $577 per square foot. This property was built in 1959. 18311 Summer Ave is a home located in Los Angeles County with nearby schools including Burbank (Luther) Elementary School, Haskell Stem Academy, and Gahr High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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