NOT LISTED FOR SALE

Estimated Value: $966,000 - $1,136,000

2 Beds
2 Baths
1,080 Sq Ft
$945/Sq Ft Est. Value

Last Sold March 25, 2013

Last sale price $450,000 $417 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $6,044/month

12 Days on Market

Highlights

  • Open Floorplan
  • Room in yard for a pool
  • Deck
  • Abraham Lincoln High School Rated A
  • View of Hills
  • Marble Countertops

About This Home

As of March 2013

Have you always wanted a Craftsman bungalow, longed for a second bathroom, but your budget is under $500,000? Check out this sweet Montecito Heights 1910 Craftsman, located on a street filled with bungalows in a very undiscovered pocket neighborhood. This is an investor re-do, beautifully done with a spacious formal dining room, a huge kitchen with room to dine in, two bedrooms and two baths, a deck off the back with views of the distant hills of Highland Park for your alfresco entertaining, even a bonus room downstairs perfect for your private office or personal retreat. Under the house is also a small roughly finished storage room. The backyard has more patio area and lawn. Setup the shuffleboard and the croquet, everyone!

Last Agent to Sell the Property

Tracy King

Compass License #01048877 Listed on: 01/25/2013

Compass

Last Buyer's Agent

Scott Prather

Keller Williams Beverly Hills License #01869616

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,654

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 4,798 Sq Ft Lot
  • Lot Dimensions are 40x120
  • Property is zoned LAR1

Home Design

  • Bungalow
  • Raised Foundation

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Decorative Fireplace
  • Bonus Room
  • Views of Hills
  • Laundry Located Outside

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Marble Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Room in yard for a pool
  • Deck
  • Open Patio

Utilities

  • Space Heater
  • Property is located within a water district
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5207-017-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,654

Year Built

Built in 1910 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 1080
  • Lot Dimensions: 40x120
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1910
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Open Floor Plan
  • Fireplace Rooms: Decorative
  • Flooring: Mixed
  • Bedrooms: 2
  • Full Bathroom: 1
  • Bedroom Features: Main Floor Bedroom
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Marble Counters
  • Laundry: Outside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 388.80

Exterior Features

  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Patio: Deck(s), Patio Open
  • Pool Description: Room For
  • Pool: No
  • View: Hills
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway - Concrete
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Heating: Space Heater
  • Water: District

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5207-017-020
  • Geocode Override: No
  • Lot Size Area: 4798

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2013
Closed on
Feb 14, 2013
Sold by
Cyprus Brett M
Bought by
Powell Jon E
Seller's Agent
Tracy King
Compass
Buyer's Agent
Scott Prather
Keller Williams Beverly Hills
List Price
$419,900
Sold Price
$450,000
Premium/Discount to List
$30,100
7.17%
Current Estimated Value
$1,007,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,232
Avg. Annual Appreciation
6.82%
Original Mortgage
$382,500
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2012
Sold by
Cyprus Jane Dellen
Bought by
Cyprus Brett M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2012
Sold by
Arrevillaga Myrna
Bought by
Cyprus Brett M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2006
Sold by
Arrevillaga Myrna
Bought by
Arrevillaga Myrna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
8.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2003
Sold by
Arrevillaga Angel
Bought by
Arrevillaga Myrna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,679
Interest Rate
5.54%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 2003
Sold by
Arrevillaga Myrna
Bought by
Arrevillaga Myrna and Rodriguez Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,679
Interest Rate
5.54%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 2002
Sold by
Ambriz Francisco Javier
Bought by
Arrevillaga Myrna and Rodriguez Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,203
Interest Rate
6.85%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 2001
Sold by
Baez Jose
Bought by
Ambriz Francisco Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,814
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 2000
Sold by
Lee Michael G
Bought by
Baez Jose and Dominguez Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,814
Interest Rate
8.22%
Mortgage Type
FHA
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
Powell Jon E $450,000 Lawyers Title
Cyprus Brett M -- Fidelity Van Nuys
Cyprus Brett M $273,500 None Available
Arrevillaga Myrna -- Ticor Title Co
Arrevillaga Myrna -- Stewart Title Of Ca Inc
Arrevillaga Myrna -- Stewart
Arrevillaga Myrna $181,000 Southland Title
Ambriz Francisco Javier -- Orange Coast Title
Baez Jose $145,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Jon E $250,000
Closed Powell Jon E $382,500
Previous Owner Cyprus Brett M $185,000
Previous Owner Arrevillaga Myrna $260,000
Previous Owner Arrevillaga Myrna $184,679
Previous Owner Arrevillaga Myrna $178,203
Previous Owner Baez Jose $143,814
Previous Owner Baez Jose $143,814
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2013 03/25/13 Sold $450,000 +7.2% $417 / Sq Ft
02/06/2013 02/06/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $419,900 -- $389 / 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
2025 $6,654 $554,130 $443,309 $110,821
2024 $6,654 $543,266 $434,617 $108,649
2023 $6,525 $532,615 $426,096 $106,519
2022 $6,220 $522,173 $417,742 $104,431
2021 $6,141 $511,935 $409,551 $102,384
2019 $5,955 $496,753 $397,404 $99,349
2018 $5,919 $487,013 $389,612 $97,401
2016 $5,654 $468,104 $374,484 $93,620
2015 $5,571 $461,073 $368,859 $92,214
2014 $5,592 $452,042 $361,634 $90,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-647723

The MLS

APN: 5207-017-020