NOT LISTED FOR SALE

Estimated Value: $974,000 - $1,222,000

3 Beds
2 Baths
1,222 Sq Ft
$897/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $910,000 $745 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,862/month

12 Days on Market

Highlights

  • Panoramic View
  • 0.96 Acre Lot
  • Main Floor Bedroom
  • Abraham Lincoln High School Rated A
  • Deck
  • Bonus Room

About This Home

As of October 2021

Charming and desirable single level Lincoln Heights Cottage perched on a private hillside location at the end of a quiet cul-de-sac with serene panoramic views of rolling hills and peek-a-boo city scape views and blessed with a huge 41,799 square foot lot. Excellent fixer upper investment opportunity to expand and build your dream home, taking full advantage of the land and panoramic views in this thriving neighborhood just minutes from Dodger’s Stadium, Chinatown, and bustling DTLA. Large living area with cozy fireplace and sliders opening to the covered balcony provide a wonderful indoor-outdoor living area, a spacious family kitchen has built in cabinetry and a sunny breakfast nook, a large enclosed patio, long driveway, plenty of room to expand and an abundance of potential.

Last Agent to Sell the Property

Jordan Bennett

Regency Real Estate Brokers License #01850869 Listed on: 09/15/2021

Regency Real Estate Brokers

Last Buyer's Agent

Jordan Bennett

Regency Real Estate Brokers License #01850869 Listed on: 09/15/2021

Regency Real Estate Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,236

Year Built

  • Built in 1942

Lot Details

  • 0.96 Acre Lot
  • Cul-De-Sac

Property Views

  • Panoramic
  • City Lights
  • Peek-A-Boo
  • Hills
  • Valley

Home Design

  • Cottage
  • Entry on the 1st floor
  • Wood Siding

Interior Spaces

  • 1,222 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Living Room with Fireplace
  • Den
  • Bonus Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot A
  • Tax Tract Number 2993
  • Assessor Parcel Number 5209011023

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,236

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5209011023
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1222.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 744.68
  • Room Type: All Bedrooms Down, Bonus Room, Den, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: City Lights, Hills, Panoramic, Peek-A-Boo, Valley
  • Patio And Porch Features: Deck, Enclosed
  • Pool Private: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking

Schools

  • School District: Los Angeles Unified

Lot Info

  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 41799.00
  • Lot Size Acres: 0.9596

Multi Family

  • Lease Considered: No
  • Lot Size Area: 41799.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: A
  • Tax Tract Number: 2993

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Sep 29, 2021
Sold by
Steffen David N and Zona Joyce Steffen Estate
Bought by
Lopez Richard
Seller's Agent
Jordan Bennett
Regency Real Estate Brokers
Buyer's Agent
Jordan Bennett
Regency Real Estate Brokers
List Price
$925,000
Sold Price
$910,000
Premium/Discount to List
-$15,000
-1.62%
Current Estimated Value
$1,096,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,519
Avg. Annual Appreciation
4.09%
Original Mortgage
$818,090
Outstanding Balance
$747,639
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$316,676
Source: Public Records

Range of Values:

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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
Lopez Richard $910,000 First Amer Ttl Co Res Div
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Richard $818,090
Previous Owner Steffen Zona $450,000
Previous Owner Steffen Zona $416,000
Previous Owner Steffen Zona $196,200
Previous Owner Steffen Zona $50,000
Previous Owner Steffen Zona $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $910,000 -1.6% $745 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $925,000 -- $757 / 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 $12,236 $965,698 $848,966 $116,732
2024 $12,236 $946,764 $832,320 $114,444
2023 $12,010 $928,200 $816,000 $112,200
2022 $11,478 $910,000 $800,000 $110,000
2021 $4,168 $288,270 $224,220 $64,050
2019 $4,063 $279,721 $217,570 $62,151
2018 $3,986 $274,237 $213,304 $60,933
2016 $3,826 $263,590 $205,022 $58,568
2015 $3,779 $259,632 $201,943 $57,689
2014 $3,814 $254,547 $197,988 $56,559
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21194393

California Regional Multiple Listing Service (CRMLS)

APN: 5209-011-023