NOT LISTED FOR SALE

2870 Somerset Place San Marino, CA 91108

Estimated Value: $2,328,000 - $2,929,000

4 Beds
3 Baths
2,430 Sq Ft
$1,089/Sq Ft Est. Value

Last Sold September 12, 2012

Last sale price $1,250,000 $514 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $15,685/month

53 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Private Yard
  • Wilson Elementary School Rated A-
  • Granite Countertops
  • No HOA

About This Home

As of September 2012

Price Reduction!!! San Marino School. This lovely bright and airy pool home has 4BR and 3BD. Professionally design and remodeled, master suite has steam room and deep Jacuzzi, marble tile floor in living and formal dining room, gourmet kitchen with granite counter top, built in refrigerator, multi function stove: gas-electric and grill. Central air conditioning, security system and water softener. 2 car garage with remote control safety gate.

Last Agent to Sell the Property

Shirley Yang

Prestige Realty Group, Inc. License #01054230 Listed on: 07/13/2012

Last Buyer's Agent

Linda Yang

IRN Realty License #01911223

IRN Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,342

Year Built

  • Built in 1942

Lot Details

  • 9,039 Sq Ft Lot
  • Brick Fence
  • Sprinkler System
  • Private Yard
  • Property is zoned SOR109

Parking

  • 2 Car Garage
  • Parking Available
  • Automatic Gate

Home Design

  • Ranch Style House
  • Tile Roof

Interior Spaces

  • 2,430 Sq Ft Home
  • Drapes & Rods
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Electric Cooktop
  • Dishwasher
  • Granite Countertops
  • Trash Compactor

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • TV Antenna

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 12918
  • Assessor Parcel Number 5333030005

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,342

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate
  • View: Yes
  • Zoning: SOR109
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5333030005
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2430.00
  • Interior Amenities: Granite Counters
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 514.40
  • Room Type: Entry, Family Room, Living Room, Master Suite
  • Window Features: Drapes

Exterior Features

  • Patio: Yes
  • Exterior Features: TV Antenna
  • Fence: Yes
  • Fencing: Brick
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Tile

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooking, Gas Cooking, Oven, Range, Refrigerator, Cooktop, Trash Compactor, Vented Exhaust Fan
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • School District: San Marino Unified

Lot Info

  • Lot Features: Lot 6500-9999, Sprinkler System, Yard
  • Lot Size Sq Ft: 9039.00
  • Lot Size Acres: 0.2080

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9039.0000 Square Feet

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 12918

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2012
Closed on
Sep 12, 2012
Sold by
Chang Judy and The Chang Trust
Bought by
Zhou Chongwu and Li Chao
Seller's Agent
Shirley Yang
Prestige Realty Group, Inc.
Buyer's Agent
Linda Yang
IRN Realty
List Price
$1,420,000
Sold Price
$1,250,000
Premium/Discount to List
-$170,000
-11.97%
Current Estimated Value
$2,570,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,320,288
Avg. Annual Appreciation
5.98%
Original Mortgage
$625,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2011
Sold by
Chang Judy and Chang Trust
Bought by
Chang Judy and The Chang Trust

Purchase Details

Closed on
Jun 13, 2007
Sold by
Chang Mo Sheng and Chang Judy
Bought by
Chang Mo Sheng

Purchase Details

Closed on
Mar 15, 2001
Sold by
Chang Mo Sheng and Chang Judy
Bought by
Chang Mo Sheng
Source: Public Records

Range of Values:

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Average Value
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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
Zhou Chongwu $1,257,000 Lawyers Title
Chang Judy -- None Available
Chang Mo Sheng -- None Available
Chang Mo Sheng -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Chongwu $544,500
Closed Zhou Chongwu $393,000
Closed Zhou Chongwu $625,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2012 09/12/12 Sold $1,250,000 0.0% $514 / Sq Ft
09/04/2012 09/04/12 Pending -- -- --
08/28/2012 08/28/12 Price Changed $1,250,000 -7.4% $514 / Sq Ft
08/10/2012 08/10/12 Price Changed $1,350,000 -4.9% $556 / Sq Ft
07/13/2012 07/13/12 For Sale $1,420,000 -- $584 / 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 $19,342 $1,569,778 $1,113,822 $455,956
2024 $19,342 $1,538,999 $1,091,983 $447,016
2023 $18,929 $1,508,823 $1,070,572 $438,251
2022 $18,349 $1,479,239 $1,049,581 $429,658
2021 $18,010 $1,450,235 $1,029,001 $421,234
2019 $17,456 $1,407,222 $998,481 $408,741
2018 $17,031 $1,379,630 $978,903 $400,727
2016 $16,155 $1,307,573 $940,892 $366,681
2015 $15,836 $1,287,933 $926,759 $361,174
2014 $15,624 $1,262,706 $908,606 $354,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: A12087281

California Regional Multiple Listing Service (CRMLS)

APN: 5333-030-005