NOT LISTED FOR SALE

Estimated Value: $590,000 - $941,000

1 Bed
1 Bath
432 Sq Ft
$1,689/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $550,000 $1,273 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,366/month

61 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • Level Lot
  • Abraham Lincoln Elementary School Rated A-
  • Foothills
  • 1-Story Property

About This Home

As of July 2024

Nestled on a picturesque street in the charming Montrose neighborhood, this property exudes the timeless elegance and allure of its surroundings. With its tree-lined streets and vibrant community ambiance, the location offers a serene escape from the hustle and bustle of city life. The home, though in need of demolition, sits mid block in a much desired community.

This residential plot presents an opportunity for visionary development in one of Montrose's most coveted locales. The lush landscaping surrounding the property adds to its allure, providing a verdant backdrop for future endeavors. The neighborhood's proximity to parks, cafes, and boutique shops ensures a lifestyle of convenience and leisure.

While the existing structure requires removal, the blank canvas it leaves behind is ripe for transformation. Whether envisioning a modern masterpiece or a timeless classic, this parcel of land offers endless possibilities for those with a discerning eye and a passion for architectural innovation.

Seize the opportunity to craft your dream home from the ground up in this idyllic Montrose setting, where the beauty of the surroundings serves as a canvas for your imagination.

Last Agent to Sell the Property

Kirk Cartozian

Cartozian Associates Real Estate Inc. Brokerage Phone: 562-852-1991 License #01754478 Listed on: 04/23/2024

Last Buyer's Agent

Sheila Alvarez

Nation One Realty Group Corp License #01843338

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 4,979 Sq Ft Lot
  • Level Lot
  • Property is zoned GLR1YY

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 432 Sq Ft Home
  • 1-Story Property
  • Views of Woods

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 152
  • Tax Tract Number 5547
  • Assessor Parcel Number 5607016017
  • $331 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: GLR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5607016017
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 432.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1273.15
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Trees/Woods
  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 4979.00
  • Lot Size Acres: 0.1143
  • Latitude Manual: 34.21986100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4979.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3004.00
  • Tax Lot: 152
  • Tax Tract Number: 5547
  • TaxOtherAnnualAssessmentAmount: 331.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
Jul 12, 2024
Sold by
Kodama Michael R and Quintero Maria Cristina
Bought by
Anderson Family Trust- and Anderson
Seller's Agent
Kirk Cartozian
Cartozian Associates Real Estate Inc.
Buyer's Agent
Sheila Alvarez
Nation One Realty Group Corp
List Price
$795,000
Sold Price
$550,000
Premium/Discount to List
-$245,000
-30.82%
Views
75
Current Estimated Value
$729,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,616
Avg. Annual Appreciation
20.43%

Purchase Details

Listed on
Aug 31, 2015
Closed on
Oct 1, 2015
Sold by
Lee James
Bought by
Kodama Michael R and Quintero Maria Cristina
Seller's Agent
A Ryun Kim
A Ryun Kim
Buyer's Agent
A Ryun Kim
A Ryun Kim
List Price
$520,000
Sold Price
$520,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.65%
Original Mortgage
$510,581
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 5, 2013
Sold by
Kim Leen
Bought by
Lee James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2013
Sold by
Khatchikian Simon and Khatchikian Tamara
Bought by
Lee James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.79%
Mortgage Type
New Conventional
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
Anderson Family Trust- $565,000 Socal Title Company
Kodama Michael R $520,000 Provident Title Company
Lee James -- Title 365
Lee James $420,000 Title365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kodama Michael R $510,581
Previous Owner Lee James $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2024 07/19/24 Sold $550,000 -30.8% $1,273 / Sq Ft
06/23/2024 06/23/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $795,000 0.0% $1,840 / Sq Ft
07/26/2023 07/26/23 For Rent $4,000 0.0% --
07/24/2023 07/24/23 Rented $4,000 0.0% --
06/26/2023 06/26/23 Off Market $4,000 -- --
06/06/2023 06/06/23 Under Contract -- -- --
05/30/2023 05/30/23 Price Changed $4,000 -18.4% $3 / Sq Ft
05/08/2023 05/08/23 For Rent $4,900 0.0% --
11/25/2015 11/25/15 Sold $520,000 0.0% $371 / Sq Ft View Prior Sale
09/04/2015 09/04/15 For Sale $520,000 0.0% $371 / Sq Ft
09/03/2015 09/03/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $520,000 -- $371 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,883 $565,000 $508,000 $57,000
2024 $6,883 $603,500 $482,802 $120,698
2023 $6,730 $591,668 $473,336 $118,332
2022 $6,421 $580,067 $464,055 $116,012
2021 $6,316 $568,694 $454,956 $113,738
2020 $6,225 $562,863 $450,291 $112,572
2019 $6,073 $551,827 $441,462 $110,365
2018 $5,955 $541,007 $432,806 $108,201
2016 $5,672 $520,000 $416,000 $104,000
2015 $4,654 $428,391 $342,713 $85,678
2014 $5,036 $420,000 $336,000 $84,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24081592

California Regional Multiple Listing Service (CRMLS)

APN: 5607-016-017