NOT LISTED FOR SALE

2607 S Patton Ave San Pedro, CA 90731

Estimated Value: $1,006,000 - $1,067,000

3 Beds
2 Baths
1,352 Sq Ft
$761/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $805,000 $595 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,466/month

35 Days on Market

Highlights

  • Harbor Views
  • Living Room
  • Shed
  • No HOA
  • Bungalow
  • Carpet

About This Home

As of December 2021

This probate property is available for overbid at the court hearing scheduled for Wednesday, November 10th at 8:30am in Department 5 of the Stanley Mosk Courthouse at 111 N. Hill Street, Los Angeles. Minimum overbid is $845,750. Bidders must bring cashier's check in the amount of 10% of the overbid amount to serve as deposit, made payable to "Estate of Ernest Edward Lowe". Great opportunity to own a home in the desirable Palisades area of San Pedro, with views of the water on a clear day. This property sits on a large lot with a mature orange tree and beautiful grapevines, and is ready to be updated with modern amenities to bring it into the 21st century! There is a basement as well as a storage unit, laundry room, and covered patio. Walking distance to Starbucks, restaurants, and shopping. Located up the hill from coastal biking, hiking, and recreation. Per title there are 2 bathrooms, however, there are 1.5 baths.

Last Agent to Sell the Property

Orit Gadish

Geffen Real Estate License #01505675 Listed on: 07/23/2021

Last Buyer's Agent

Caroline Picha

Keller Williams Pacific Estate License #02135191

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,321

Year Built

  • Built in 1945

Lot Details

  • 7,315 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Bungalow
  • Fixer Upper

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Harbor Views
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Shed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7470-006-039

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,321

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Living Area: 1352
  • Lot Acreage: 0.1679
  • Probate: Yes
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1945
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Carpet, Linoleum
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 625.55

Exterior Features

  • Other Structures: Other, Shed(s)
  • Pool: No
  • Spa Yn: No
  • View: Harbor, Water
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 2

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 7470-006-039
  • Lot Size Area: 7315

Rental Info

  • Court Approve: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Nov 18, 2021
Sold by
Samotin Sheri L and Estate Of Ernest Edward Lowe
Bought by
Donoher Ann Marie and Rasor David
Seller's Agent
Orit Gadish
Geffen Real Estate
Buyer's Agent
Caroline Picha
Keller Williams Pacific Estate
List Price
$724,900
Sold Price
$805,000
Premium/Discount to List
$80,100
11.05%
Current Estimated Value
$1,028,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,885
Avg. Annual Appreciation
6.93%
Original Mortgage
$355,000
Outstanding Balance
$327,305
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$701,580

Purchase Details

Closed on
May 3, 1996
Sold by
Lowe Swain Edmond
Bought by
Lowe Ernest Edward
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
Donoher Ann Marie $805,000 Provident Title Company
Lowe Ernest Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donoher Ann Marie $355,000
Previous Owner Lowe Ernest $160,000
Previous Owner Lowe Ernest Edward $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Sold $805,000 -4.8% $595 / Sq Ft
10/12/2021 10/12/21 Price Changed $845,750 +16.7% $626 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $724,900 -- $536 / 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 $10,321 $854,271 $742,845 $111,426
2024 $10,321 $837,522 $728,280 $109,242
2023 $10,037 $821,100 $714,000 $107,100
2022 $9,568 $805,000 $700,000 $105,000
2021 $1,127 $74,002 $48,217 $25,785
2019 $1,097 $71,809 $46,788 $25,021
2018 $1,014 $70,402 $45,871 $24,531
2016 $955 $67,670 $44,091 $23,579
2015 $943 $66,654 $43,429 $23,225
2014 $957 $65,350 $42,579 $22,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-764610

The MLS

APN: 7470-006-039