NOT LISTED FOR SALE

Estimated Value: $595,000 - $1,016,000

2 Beds
1 Bath
1,100 Sq Ft
$712/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $755,000 $686 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,090/month

14 Days on Market

Highlights

  • Cabana
  • City Lights View
  • Deck
  • Abraham Lincoln High School Rated A
  • Craftsman Architecture
  • Granite Countertops

About This Home

As of June 2022

Newly remodeled craftsman bungalow in prime Montecito Heights! Enjoy your morning coffee and evening cocktails from the huge wrap around porch and deck with stunning views across the valley of the surrounding hills. Renovated kitchen with custom cabinetry, tile backsplash and granite countertops. Updated bathroom with a tiled shower and pedestal sink. Two bedroom areas downstairs, one with outdoor access along with a bonus room also with outdoor access. Buildable lot (separate APN) next door with a covered patio and flat grassy area is being included with the sale! Build yourself a guest unit, studio and brand new house while you live next door. Sale includes vacant land APN 5305-028-019. Currently tenant occupied by a perfect tenant who pays on time every month.

Last Agent to Sell the Property

Emory Donelson

Estate Properties License #01709558 Listed on: 03/16/2022

Last Buyer's Agent

Anne Lush

Pinnacle Estate Properties, Inc. License #01963776

Pinnacle Estate Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,317

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 6,930 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • City Lights
  • Canyon
  • Mountain

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dining Area

Kitchen

  • Range
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Cabana
  • Balcony
  • Deck
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5305-028-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,317

Year Built

Built in 1927 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Advertising Remarks: Newly remodeled craftsman bungalow in prime Montecito Heights! Enjoy your morning coffee and evening cocktails from the huge wrap around porch and deck with stunning views across the valley of the surrounding hills. Renovated kitchen with custom cabinetry, tile backsplash and granite countertops. Updated bathroom with a tiled shower and pedestal sink. Two bedroom areas downstairs, one with outdoor access along with a bonus room also with outdoor access. Buildable lot (separate APN) next door with a covered patio and flat grassy area is being included with the sale!Build yourself a guest unit, studio and brand new house while you live next door. Includes vacant land APN 5305-028-019.
  • Living Area: 1100
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1927
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Range
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Granite Counters
  • Laundry: Outside, Room
  • Total Bathrooms: 1.00
  • Den: 0
  • Fireplace: No
  • Inclusions: Includes vacant lot 5305-028-019
  • Price Per S Q F T: 680.91

Exterior Features

  • Construction: Wood Siding
  • Other Features: Balcony
  • Other Structures: Cabana
  • Tennis Court Y/N: No
  • Patio: Balcony, Deck(s), Porch
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: Canyon, City Lights, Mountains
  • View: Yes

Utilities

  • Water Heater: Gas
  • Cooling: Ceiling Fan, Wall Unit(s)
  • Heating: Wall
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 5305-028-018
  • Lot Size Area: 6930

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2019
Sold by
Lin Bing Chao and Pang Sinna
Bought by
Elgin Street Llc
Total Days on Market
14
Current Estimated Value
$783,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2019
Sold by
Lin Bing Chao and Pang Sinna
Bought by
Lin Bing Chao and Pang Sinna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2019
Sold by
Elgin Street 47 Llc
Bought by
Lin Bing Chao and Pang Sinna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 25, 2016
Closed on
Mar 4, 2016
Sold by
Mora Raymond
Bought by
Elgin Street 47 Llc
Seller's Agent
Angel Moreno
Century 21 Allstars
Buyer's Agent
Brian Bartholomew
Circa Properties, Inc.
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.63%

Purchase Details

Listed on
Feb 25, 2016
Closed on
Mar 2, 2016
Sold by
Mora Yolanda
Bought by
Mora Raymond
Seller's Agent
Angel Moreno
Century 21 Allstars
Buyer's Agent
Brian Bartholomew
Circa Properties, Inc.
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%

Purchase Details

Closed on
Jun 13, 2013
Sold by
Mora Catherine
Bought by
Mora Raymond
Source: Public Records

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Range of Values:

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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
Elgin Street Llc -- Western Resources Title
Lin Bing Chao -- Western Resources Title
Lin Bing Chao -- Western Resources Title
Elgin Street 47 Llc $290,000 Orange Coast Title Co Socal
Mora Raymond -- Orange Coast Title Co Socal
Mora Raymond -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Bing Chao $363,750
Previous Owner Mora Catherine $23,000
Previous Owner Mora Catherine $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $755,000 +0.8% $686 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $749,000 -0.8% $681 / Sq Ft
03/29/2022 03/29/22 Off Market $755,000 -- --
03/16/2022 03/16/22 For Sale $749,000 +158.3% $681 / Sq Ft
04/14/2016 04/14/16 Sold $290,000 0.0% $363 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
02/09/2016 02/09/16 Off Market $290,000 -- --
01/14/2016 01/14/16 For Sale $295,000 0.0% $369 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
10/27/2015 10/27/15 Price Changed $295,000 +20.4% $369 / Sq Ft
08/20/2015 08/20/15 For Sale $245,000 -- $306 / 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
2024 $8,317 $681,462 $447,372 $234,090
2023 $8,155 $668,100 $438,600 $229,500
2022 $3,439 $283,337 $223,101 $60,236
2021 $3,398 $277,782 $218,727 $59,055
2019 $3,296 $269,545 $212,241 $57,304
2018 $3,266 $264,261 $208,080 $56,181
2016 $3,058 $248,736 $203,050 $45,686
2015 $126 $7,299 $2,018 $5,281
2014 -- $7,157 $1,979 $5,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-136435

The MLS

APN: 5305-028-018