NOT LISTED FOR SALE

3531 Monterey Rd Los Angeles, CA 90032

Montecito Heights Neighborhood

Estimated Value: $736,000 - $864,000

2 Beds
1 Bath
850 Sq Ft
$945/Sq Ft Est. Value

Sale Details

Date Sold: August 3, 2016

Last sale price $409,900 $482 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,817 / mo

27 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Maid or Guest Quarters
  • No HOA
  • Lincoln High School Rated A-
  • Bonus Room
  • Level Lot

About This Home

As of August 2016

WOW - "El Sereno" Beauty, Property Features 2 Bdms, 1 Bath * on title however has a 3rd Bdrm not included in sqft., Dark Espresso kitchen cabinets with Granite Counter Tops, Decorative tile-work in bathroom Hardwood Floors and Ceramic Tile flooring throughout! Property also features an adjacent "Guest Maid Quarters " which consists of 1 Bdrm, 1 Bath, Kitchen & Living Room! Also included in sales price is a separate Bonus Room with Full Bath for added privacy or Office Use!!!

Last Agent to Sell the Property

Laura Borbon

Century 21 Allstars License #01192623 Listed on: 03/25/2016

Century 21 Allstars

Last Buyer's Agent

Laura Borbon

Century 21 Allstars License #01192623 Listed on: 03/25/2016

Century 21 Allstars

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 5,093 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Garage

Interior Spaces

  • 850 Sq Ft Home
  • Bonus Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Maid or Guest Quarters
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 2245
  • Assessor Parcel Number 5305005017

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

5,093 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5305005017
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 850.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 482.24
  • Room Type: All Bedrooms Down, Bonus Room, Guest/Maid's Quarters

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 5093.00
  • Price Per Lot Square Foot: 80.48

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 30
  • Tax Tract Number: 2245

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2016
Sold by
Mayorga Oscar A
Bought by
Cornejo Francisco and Cornejo Maria
Current Estimated Value
$802,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,845
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2005
Sold by
Mayorga Oscar A
Bought by
Mayorga Oscar A and Mayorga Reyna

Purchase Details

Closed on
May 6, 2005
Sold by
Mayorga Reyna
Bought by
Mayorga Oscar A

Purchase Details

Closed on
Mar 12, 2004
Sold by
Lara Santos
Bought by
Mayorga Oscar A and Mayorga Reyna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,600
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2002
Sold by
Kuang Shou Xin
Bought by
Lara Santos and Carmona Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,100
Interest Rate
6.6%

Purchase Details

Closed on
May 9, 2001
Sold by
Kuang Shou Xin
Bought by
Kuang Shou Xin and Kuang Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.06%

Purchase Details

Closed on
Aug 10, 1998
Sold by
Kuang Wan D
Bought by
Kuang Shou Xin and Kuang Jimmy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cornejo Francisco $500,000 Wfg Title Company Of Ca
Mayorga Oscar A -- --
Mayorga Oscar A -- Investors Title
Mayorga Oscar A $279,500 Ticor Title Company
Lara Santos $162,000 Chicago Title Insurance Co
Kuang Shou Xin -- South Coast Title Company
Kuang Shou Xin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cornejo Francisco $490,845
Previous Owner Mayorga Oscar A $223,600
Previous Owner Lara Santos $157,100
Previous Owner Kuang Shou Xin $90,000
Closed Mayorga Oscar A $55,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2016 08/03/16 Sold $409,900 -18.0% $482 / Sq Ft
04/22/2016 04/22/16 For Sale $499,900 0.0% $588 / Sq Ft
04/21/2016 04/21/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $499,900 -- $588 / 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 $7,082 $580,170 $464,114 $116,056
2024 $7,082 $568,795 $455,014 $113,781
2023 $6,947 $557,643 $446,093 $111,550
2022 $6,628 $546,710 $437,347 $109,363
2021 $6,548 $535,991 $428,772 $107,219
2019 $6,353 $520,095 $416,055 $104,040
2018 $6,238 $509,898 $407,898 $102,000
2016 $4,124 $335,682 $268,548 $67,134
2015 $4,064 $330,641 $264,515 $66,126
2014 $3,776 $299,000 $239,200 $59,800
Source: Public Records

Agents Affiliated with this Home

  • Laura Borbon

    Seller's Agent in 2016

    Laura Borbon

    Century 21 Allstars

    (562) 833-0055

    61 Total Sales

    Laura Borbon
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16063573

California Regional Multiple Listing Service (CRMLS)

APN: 5305-005-017

California Los Angeles County Los Angeles 90032 Montecito Heights

3531 Monterey Rd, Los Angeles, CA

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