NOT LISTED FOR SALE

Estimated Value: $85,096 - $129,000

0.15 Acre
$712,331 Price per Acre
6,707 Sq Ft Lot

Last Sold June 17, 2021

Last sale price $75,000

Est. 46% increase in value since last sale

Current estimated payment $666/month

116 Days on Market

About This Lot

As of June 2021

This well priced land boast of panoramic view of the hills. Monteceto Heights best priced view lot. The land is walking distance to Ernest E Deb's Regional Park. Truly a magnificent hilltop lot to build your panoramic dream view home. Build it for yourself or for spec. Seller is not local, moved from the area and is ready to sell. Please reach out to the listing agent for a plat map and directions. Go direct or coordinate a private showing. What a great opportunity waiting for you to build a home in Montecito Heights.

Last Agent to Sell the Property

Endre Barath

Berkshire Hathaway HomeServices California Properties License #01238708 Listed on: 01/21/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Isaac Vizcarra

ROCKCAL REAL ESTATE License #01444005

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $981

Lot Details

  • 6,707 Sq Ft Lot
  • Lot Sloped Down
  • Hillside Location
  • Property is zoned LAR1

Property Views

  • Panoramic
  • City Lights
  • Canyon

Additional Features

  • City Lot
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5303-009-025

Property Details

Property Type

Land

Est. Annual Taxes

$981

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: This well priced land boast of panoramic view of the hills. Monteceto Heights best priced view lot. The land is walking distance to Ernest E Deb's Regional Park. Truly a magnificent hilltop lot to build your panoramic dream view home. Build it for yourself or for spec. Seller is not local, moved from the area and is ready to sell. Please reach out to the listing agent for a plat map and directions. Go direct or coordinate a private showing. What a great opportunity waiting for you to build a home in Montecito Heights.
  • Lot Acreage: 0.1540
  • Survey: Survey Done
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • Street Description: Asphalt
  • Street Lights: No
  • View: Canyon, City Lights, Panoramic
  • View: Yes

Utilities

  • Cable: No
  • Gas: Unknown
  • Sewer: In Street
  • Telephone: No
  • Water: In Street

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 5303-009-025
  • Lot Description: Single Lot, Street Asphalt
  • Lot Location: City, Hillside
  • Lot Size Area: 6707
  • Site Decription: Hillside, City
  • Staked: Yes
  • Topography: Downhill
  • Units Per Acre: 0-1 Unit/Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
May 20, 2021
Sold by
Lau Daniel Chun Yu
Bought by
Lee Peyton and Lee David
Seller's Agent
Endre Barath
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Isaac Vizcarra
ROCKCAL REAL ESTATE
List Price
$89,000
Sold Price
$75,000
Premium/Discount to List
-$14,000
-15.73%
Current Estimated Value
$109,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,699
Avg. Annual Appreciation
8.04%
Original Mortgage
$38,000
Outstanding Balance
$34,479
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$69,685

Purchase Details

Listed on
Jun 16, 2011
Closed on
Dec 1, 2011
Sold by
Affordable Housing Clearinghouse
Bought by
Lau Daniel Chun Yu
Seller's Agent
Monica Diaz-Campbell
EXP REALTY OF CALIFORNIA INC
Buyer's Agent
Monica Diaz-Campbell
EXP REALTY OF CALIFORNIA INC
List Price
$15,000
Sold Price
$10,500
Premium/Discount to List
-$4,500
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.16%

Purchase Details

Closed on
Nov 23, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Affordable Housing Clearinghouse

Purchase Details

Closed on
Sep 9, 2010
Sold by
Saragueta Michael
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Mar 22, 2004
Sold by
Yovev Vladimir
Bought by
Saragueta Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,750
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lee Peyton $75,000 Fidelity National Title Co
Lau Daniel Chun Yu $10,500 Old Republic Title Company
Affordable Housing Clearinghouse $36,000 Old Republic Title Company
Jpmorgan Chase Bank National Association $62,237 Accommodation
Saragueta Michael $69,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Peyton $38,000
Previous Owner Saragueta Michael $51,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $75,000 -15.7% --
05/17/2021 05/17/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $89,000 +747.6% --
01/09/2012 01/09/12 Sold $10,500 -30.0% --
11/18/2011 11/18/11 Pending -- -- --
06/16/2011 06/16/11 For Sale $15,000 -- --
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 $981 $81,181 $81,181 --
2024 $981 $79,590 $79,590 --
2023 $1,964 $78,030 $78,030 $0
2022 $914 $76,500 $76,500 $0
2021 $165 $12,179 $12,179 $0
2020 $165 $12,055 $12,055 $0
2019 $159 $11,819 $11,819 $0
2018 $161 $11,588 $11,588 $0
2016 $151 $11,139 $11,139 $0
2015 $148 $10,972 $10,972 $0
2014 $152 $10,758 $10,758 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-684258

The MLS

APN: 5303-009-025