NOT LISTED FOR SALE

Estimated Value: $819,045 - $4,411,000

2.73 Acres
$724,912 Price per Acre
118,919 Sq Ft Lot

Last Sold March 20, 2020

Last sale price $2,000,000 $1,514 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $10,832/month

About This Lot

As of March 2020

Come build and develop on this 8-lot development opportunity. 2.73 acres of land to build single family dream homes on. Located in an established neighborhood, close to all major stores, restaurants, and freeways.Please call or email for inquiries.

Last Agent to Sell the Property

Annat Dror-Sanchez

Masters Realty License #02056987 Listed on: 01/26/2020

Last Buyer's Agent

Annat Dror-Sanchez

COMPASS License #02056987

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,575

Lot Details

  • 2.73 Acre Lot
  • Land Lease of $1,950,000
  • Property is zoned WCR114400*

Listing and Financial Details

  • Tax Lot 04063.00
  • Assessor Parcel Number 8482006024

Property Details

Property Type

Land

Est. Annual Taxes

$3,575

Lot Details

0

Listing Details

  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: WCR114400*
  • Property Type: Land
  • Parcel Number: 8482006024
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 16.82

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Land Lease Amount: 1950000.00
  • Lot Size Sq Ft: 118884.00
  • Lot Size Acres: 2.7300

Multi Family

  • Lot Size Area: 118884.0000 Square Feet

Tax Info

  • Tax Lot: 04063.00
  • Tax Tract: 51600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2020
Closed on
Mar 20, 2020
Sold by
La Metropolitan Development Corp Inc
Bought by
Cortez Homes Llc
Seller's Agent
Annat Dror-Sanchez
Masters Realty
Buyer's Agent
Annat Dror-Sanchez
COMPASS
List Price
$1,950,000
Sold Price
$2,000,000
Premium/Discount to List
$50,000
2.56%
Current Estimated Value
$1,979,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,989
Avg. Annual Appreciation
-0.19%

Purchase Details

Listed on
Jan 26, 2020
Closed on
Mar 18, 2020
Sold by
Henslee Ronald Lee
Bought by
Fuerst Shila Crabtree
Seller's Agent
Annat Dror-Sanchez
Masters Realty
Buyer's Agent
Annat Dror-Sanchez
COMPASS
List Price
$1,950,000
Sold Price
$2,000,000
Premium/Discount to List
$50,000
2.56%

Purchase Details

Listed on
Jan 26, 2020
Closed on
Mar 16, 2020
Sold by
Fuerst Shila Crabtree and Estate Of Michael B Fuerst
Bought by
La Metropolitan Development Corp Inc
Seller's Agent
Annat Dror-Sanchez
Masters Realty
Buyer's Agent
Annat Dror-Sanchez
COMPASS
List Price
$1,950,000
Sold Price
$2,000,000
Premium/Discount to List
$50,000
2.56%

Purchase Details

Closed on
Aug 22, 2017
Sold by
Henslee Ronald Lee and Fuerst Micahel B
Bought by
Fuerst Michael B

Purchase Details

Closed on
Jan 10, 2017
Sold by
Fuerst Michael B and Fuerst Family Trust
Bought by
Fuerst Michael B and Hensler Ronald Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2005
Sold by
Fuerst Michael Buell and Fuerst Marsha
Bought by
Fuerst Michael B and Fuerst Marsha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
5.7%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Cortez Homes Llc -- Accommodation
Fuerst Shila Crabtree -- Servicelink
La Metropolitan Development Corp Inc $2,000,000 Lawyers Title Company
Fuerst Michael B -- None Available
Fuerst Michael B -- Lawyers Title
Fuerst Michael B -- Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fuerst Michael B $550,000
Previous Owner Fuerst Michael B $267,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2020 07/16/20 Price Changed $1,950,000 -2.5% $1,476 / Sq Ft
03/20/2020 03/20/20 Sold $2,000,000 +2.6% $1,514 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
01/26/2020 01/26/20 For Sale $1,950,000 -- $1,476 / 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 $3,575 $265,194 $265,194 --
2024 $3,575 $259,995 $259,995 --
2023 $3,523 $254,898 $254,898 $0
2022 $3,476 $249,900 $249,900 $0
2021 $3,421 $245,000 $245,000 $0
2020 $1,361 $71,196 $15,178 $56,018
2019 $1,343 $69,801 $14,881 $54,920
2018 $1,264 $68,434 $14,590 $53,844
2017 $1,242 $67,093 $14,304 $52,789
2016 $1,168 $65,778 $14,024 $51,754
2015 $1,152 $64,791 $13,814 $50,977
2014 $1,153 $63,523 $13,544 $49,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-820000298

Pasadena-Foothills Association of REALTORS®

APN: 8482-006-024