NOT LISTED FOR SALE

Glendale, CA 91208

Montecito Park Neighborhood

Estimated Value: $1,639,000 - $1,961,583

3 Beds
3 Baths
2,057 Sq Ft
$870/Sq Ft Est. Value

Last Sold October 01, 2013

Last sale price $975,000 $474 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $10,439/month

17 Days on Market

Highlights

  • 0.42 Acre Lot
  • John C. Fremont Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of October 2013

Private and very quiet location. Panoramic mountain range views from almost every room in this architect-designed mid-century modern in popular Montecito Park. With just one neighbor on one side this unique home on an oversized lot was designed for entertaining and includes many features not typically found in homes from this era: his/her walk-in closets, two fireplaces (one in the master bedroom), Jack and Jill bedrooms, laundry room near master en-suite, large master bath space and a cabana with a 3/4 bath. Other features include an energy-efficient HVAC and pool equipment, Pebbletec pool, saltwater system, dramatic outdoor lighting, tumbled pavers, professionally designed landscape, barbecue island with refrigerator, tankless water heater and many other updates while faithfully maintaining the home's original style & integrity. This is a must-see for anyone looking for privacy, elegant outdoor living and endless views - all within easy walking distance of the restaurants and shops

Last Agent to Sell the Property

Mike Kobeissi

Kobeissi Properties License #01011211 Listed on: 08/03/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 0.42 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • 2,057 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5613013007

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5613013007
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Living Area: 2057.00
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Price Per Square Foot: 473.99

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 18500.00
  • Lot Size Acres: 0.4200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18500.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2014
Sold by
Papier Creighton and Papier Amber
Bought by
Papier Creighton L and Papier Amber E
Current Estimated Value
$1,789,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$773,000
Outstanding Balance
$594,321
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,195,075

Purchase Details

Listed on
Aug 3, 2013
Closed on
Aug 21, 2013
Sold by
Ranalli Thomas V and Ranalli Lee Ann
Bought by
Papier Creighton and Papier Amber
Seller's Agent
Mike Kobeissi
Kobeissi Properties
List Price
$995,000
Sold Price
$975,000
Premium/Discount to List
-$20,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$780,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 15, 2006
Sold by
Knowlton David N and Knowlton Jeanne
Bought by
Ranalli Thomas V and Ranalli Lee Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,500
Interest Rate
6.46%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 10, 1998
Sold by
Smith Mary B
Bought by
Smith Mary Brooks and Brooks Smity Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Papier Creighton L -- North American Title Co
Papier Creighton $975,000 Chicago Title Company
Ranalli Thomas V $965,000 Fidelity National Title Co
Smith Mary Brooks -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papier Creighton L $773,000
Closed Papier Creighton $780,000
Previous Owner Ranalli Thomas V $675,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2013 10/01/13 Sold $975,000 -2.0% $474 / Sq Ft
08/20/2013 08/20/13 Pending -- -- --
08/03/2013 08/03/13 For Sale $995,000 -- $484 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $13,001 $1,195,206 $713,325 $481,881
2024 $13,001 $1,171,772 $699,339 $472,433
2023 $12,704 $1,148,797 $685,627 $463,170
2022 $12,483 $1,126,273 $672,184 $454,089
2021 $12,270 $1,104,190 $659,004 $445,186
2019 $11,800 $1,071,441 $639,458 $431,983
2018 $11,552 $1,050,433 $626,920 $423,513
2016 $11,026 $1,009,645 $602,577 $407,068
2015 $10,875 $994,480 $593,526 $400,954
2014 $10,781 $975,000 $581,900 $393,100
Source: Public Records

Agents Affiliated with this Home

  • Mike Kobeissi

    Seller's Agent in 2013

    Mike Kobeissi

    Kobeissi Properties

    (818) 725-1041

    2 in this area

    69 Total Sales

    Mike Kobeissi
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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-22178413

Pasadena-Foothills Association of REALTORS®

APN: 5613-013-007

California Los Angeles County Glendale 91208

Montecito Park

Not Listed for Sale

Detached

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