NOT LISTED FOR SALE

Estimated Value: $1,547,000 - $1,638,000

3 Beds
2 Baths
1,383 Sq Ft
$1,149/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $1,405,000 $1,016 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,924/month

34 Days on Market

Highlights

  • Golf Course Community
  • Filtered Pool
  • Updated Kitchen
  • Cubberley K-8 Rated A-
  • Fishing
  • Open Floorplan

About This Home

As of July 2021

Iconic midcentury modern style and a sparking pool and spa simply go together, and this property delivers this and more. Designed by lauded residential designer Cliff May, this 1954 "Rancho" features three bedrooms, two bathrooms, an open island kitchen connected to a living room and dining area, polished concrete floors, and all the modern comforts including air conditioning. Great investment went into this home, inside and out, and it is reflected in every square foot of the Property. The outdoor areas feature the noted pool and spa, a built-in bench with gas firepit, a deck adjacent to the pool, poured concrete patios, and an expansive private driveway leading up to a 2-car garage behind an automated rolling gate. The property is located on one of the best streets in the Rancho Estates, an renowned neighborhood popular for its midcentury architecture, tree-line streets, adjacent parks and bike path to the beach.

Last Agent to Sell the Property

Douglas Kramer

Re/Max R. E. Specialists License #01374637 Listed on: 04/28/2021

Re/Max R. E. Specialists

Last Buyer's Agent

Elizabeth Valenzuela

Keller Williams Pacific Estate License #01261111

Keller Williams Pacific Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 6,000 Sq Ft Lot
  • Landscaped
  • Private Yard
  • Back Yard
  • Property is zoned LBPD11

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Driveway

Property Views

  • Pool
  • Courtyard

Home Design

  • Midcentury Modern Architecture
  • Turnkey
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,383 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Concrete Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Heated Spa
  • Waterfall Pool Feature

Outdoor Features

  • Deck
  • Concrete Porch or Patio
  • Exterior Lighting

Location

  • Property is near park
  • Suburban Location

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 20501
  • Assessor Parcel Number 7079018010

Community Details

Overview

  • No Home Owners Association
  • Built by Ross Cortese
  • Rancho Subdivision, Plan 4A
  • Community Lake
  • Property is near a preserve or public land

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Rancho (RNC)
  • View: Yes
  • Zoning: LBPD11
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7079018010
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1383.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Concrete
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1015.91
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Spa Features: Private, Heated
  • Bathroom Features: Bathtub, Shower, Remodeled
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Courtyard, Pool
  • Builder Name: Ross Cortese
  • Patio And Porch Features: Concrete, Deck
  • Pool Features: Private, Filtered, Heated, In Ground, Waterfall
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Fishing, Golf, Hiking, Lake, Park, Preserve/Public Land, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Park Nearby, Yard
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6000.0000 Square Feet
  • Number Of Units In Community: 700
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5740.00
  • Tax Lot: 48
  • Tax Tract Number: 20501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2017
Sold by
Penttila Scott and Penttila Christina
Bought by
Penttila Scott and Penttila Christina
Current Estimated Value
$1,589,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Outstanding Balance
$521,092
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$1,068,007

Purchase Details

Closed on
Jul 1, 2014
Sold by
Tsepelis Nicholas and Muttart Michael
Bought by
Penttila Scott and Penttila Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2011
Sold by
Tsepelis Nicholas
Bought by
Tsepelis Nicholas and Muttart Vincent Michael

Purchase Details

Closed on
Oct 10, 2001
Sold by
Danny David M and Danny Deborah Kim
Bought by
Tsepelis Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,500
Interest Rate
6.91%

Purchase Details

Closed on
Mar 9, 1999
Sold by
Danny David M and Danny Debbie
Bought by
Thomas Martine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
7.04%

Purchase Details

Closed on
Feb 3, 1999
Sold by
Henegar Osie L
Bought by
Danny David L and Danny Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Penttila Scott -- First American Title Company
Penttila Scott $701,000 Chicago Title Company
Tsepelis Nicholas -- None Available
Tsepelis Nicholas $301,500 Chicago Title Co
Danny David M $67,000 Chicago Title Co
Thomas Martine J $220,000 Lawyers Title Company
Danny David L $209,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penttila Scott $625,000
Previous Owner Penttila Scott $470,000
Previous Owner Tsepelis Nicholas $191,500
Previous Owner Thomas Martine J $209,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2021 07/13/21 Sold $1,405,000 -0.4% $1,016 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
06/01/2021 06/01/21 Price Changed $1,410,000 +0.4% $1,020 / Sq Ft
05/10/2021 05/10/21 Off Market $1,405,000 -- --
04/28/2021 04/28/21 For Sale $1,375,000 +96.1% $994 / Sq Ft
09/03/2014 09/03/14 Sold $701,000 -2.5% $507 / Sq Ft View Prior Sale
06/19/2014 06/19/14 Pending -- -- --
06/19/2014 06/19/14 For Sale $719,000 -- $520 / 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 $19,380 $1,490,996 $1,192,797 $298,199
2024 $18,577 $1,461,761 $1,169,409 $292,352
2023 $18,278 $1,433,100 $1,146,480 $286,620
2022 $17,145 $1,405,000 $1,124,000 $281,000
2021 $10,243 $824,192 $622,668 $201,524
2020 $10,215 $815,742 $616,284 $199,458
2019 $9,557 $755,248 $604,200 $151,048
2018 $9,241 $740,440 $592,353 $148,087
2016 $8,501 $711,690 $569,352 $142,338
2015 $8,155 $701,000 $560,800 $140,200
2014 $4,267 $363,333 $253,069 $110,264
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21089507

California Regional Multiple Listing Service (CRMLS)

APN: 7079-018-010