$234,100
SOLD JAN 3, 2012
1 Bed
1 Bath
870 Sq Ft
0.6 Acres

Recently Sold

$269 Per Sq Ft

1% Above List Price

35 Days on Market

Highlights

  • Newly Remodeled
  • Gated Parking
  • City Lights View
  • Madison Elementary School Rated A+
  • Gated Community
  • 2-minute walk to Mathews Parkette

About This Home

As of December 2017

Active Adult Living at its Finest!!! Only 1.7 miles from the Beach and close to shopping, entertainment and recreation these condos offer luxurious amenities including granite kitchen counter-tops, stainless steel kitchen appliances and tile bathroom counter-tops and shower surrounds. One occupant must be 55+, but there is not age restriction on buyer. Sales office and model open 11 am - 4 pm. Friday through Monday. Only a few homes remain!!!

Last Agent to Sell the Property

Mark Tasch

Revive Real Estate Group, Inc. License #00885083 Listed on: 10/08/2011

Last Buyer's Agent

Tyler McCourtney

License #01880161

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,441

Year Built

  • Built in 2009 | Newly Remodeled

Parking

  • 1 Carport Space
  • Parking Garage
  • Gated Parking

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Stucco

Interior Spaces

  • 870 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • City Lights Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Shower Only

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Gated Home
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 4155-030-094

Community Details

Overview

  • 48 Units
  • Low-Rise Condominium
  • Built by Watt Communities
  • Residence 2

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Gated Community

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,441

Year Built

Built in 2009 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Builder Model Name: Residence 2
  • Builder Name: Watt Communities
  • Complex Name: The Montecito
  • Entry Floor: 4
  • Entry Location: Elevator
  • Living Area: 870
  • Planned Urban Dev: 0
  • Property Condition: New Construction
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 2009
  • Builders Tract Name: The Montecito
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Number Of Remote Controls: 1
  • Flooring: Carpet, Tile
  • Appliances: Free Standing Gas, Gas, Microwave, Range
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Counter Top
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Cable, Ceiling Fan, Dishwasher, Elevator, Garbage Disposal, Microwave, Range/Oven
  • Inclusions: stainless steel dishwasher, stove, and microwave
  • Price Per S Q F T: 293.09

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony
  • Patio: Deck(s)
  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Community Garage, Garage, Gated, Subterranean
  • Total Parking: 1

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Tankless
  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Community, Gated

Association/Amenities

  • Amenities: Elevator
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 275.00

Lot Info

  • Model Code: 2
  • Horses: No
  • Assessor Parcel Number: 4155-030-094
  • Lot Description: Curbs, Gated Community, Sidewalks, Walk Street
  • Lot Location: City

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 48

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2017
Closed on
Dec 15, 2017
Sold by
Cho Andy K and Ahn Jee S
Bought by
Burghi Fernando and Burghi Laura
Seller's Agent
Wendy Kim
Century 21 Union Realty
Buyer's Agent
Patrick Delaney
Patrick C. Delaney
List Price
$415,000
Sold Price
$420,000
Premium/Discount to List
$5,000
1.2%
Current Estimated Value
$638,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,443
Avg. Annual Appreciation
5.53%
Original Mortgage
$40,000
Outstanding Balance
$33,954
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$603,953

Purchase Details

Listed on
Apr 17, 2012
Closed on
Jul 27, 2012
Sold by
Lee Nancy and Grauman Joyce A
Bought by
Cho Andy K and Ahn Jee S
Seller's Agent
Joanna Bowling
Keller Williams Downtown LA
Buyer's Agent
Orlando Jimenez-Ford
Redfin
List Price
$289,999
Sold Price
$243,000
Premium/Discount to List
-$46,999
-16.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Original Mortgage
$165,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 8, 2011
Closed on
Nov 16, 2011
Sold by
Watt Communities At The Montecito Llc
Bought by
Brown Mildred T and The Mildred T Brown Trust
Seller's Agent
Mark Tasch
Revive Real Estate Group, Inc.
Buyer's Agent
Tyler McCourtney
List Price
$232,900
Sold Price
$234,100
Premium/Discount to List
$1,200
0.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed $420,000 Stewart Title
Grant Deed $243,000 Lawyers Title
Grant Deed $231,500 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $165,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Sold $420,000 +1.2% $483 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
11/17/2017 11/17/17 For Sale $415,000 +70.8% $477 / Sq Ft
08/22/2012 08/22/12 Sold $243,000 -6.5% $279 / Sq Ft
07/20/2012 07/20/12 Pending -- -- --
06/06/2012 06/06/12 Price Changed $259,999 -3.7% $299 / Sq Ft
05/20/2012 05/20/12 Price Changed $269,999 -3.6% $310 / Sq Ft
05/06/2012 05/06/12 Price Changed $279,999 -3.4% $322 / Sq Ft
04/17/2012 04/17/12 For Sale $289,999 +23.9% $333 / Sq Ft
01/03/2012 01/03/12 Sold $234,100 -8.2% $269 / Sq Ft
11/12/2011 11/12/11 Pending -- -- --
10/11/2011 10/11/11 Price Changed $254,990 +6.3% $293 / Sq Ft
10/10/2011 10/10/11 Price Changed $239,900 +3.0% $276 / Sq Ft
10/08/2011 10/08/11 For Sale $232,900 -- $268 / Sq Ft
Source: The MLS

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 $3,441 $289,375 $146,163 $143,212
2024 $3,441 $283,702 $143,298 $140,404
2023 $3,382 $278,140 $140,489 $137,651
2022 $3,337 $272,687 $137,735 $134,952
2021 $3,257 $267,341 $135,035 $132,306
2019 $3,194 $259,414 $131,031 $128,383
2018 $3,294 $262,987 $154,762 $108,225
2016 $3,197 $252,776 $148,753 $104,023
2015 $3,140 $248,980 $146,519 $102,461
2014 $3,070 $244,103 $143,649 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-559245

The MLS

APN: 4155-030-095