NOT LISTED FOR SALE

Estimated Value: $949,000 - $1,192,657

3 Beds
2 Baths
1,823 Sq Ft
$594/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $840,000 $461 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,494/month

19 Days on Market

Highlights

  • Heated Spa
  • City Lights View
  • Wood Flooring
  • Abraham Lincoln High School Rated A
  • Living Room with Fireplace
  • Laundry Room

About This Home

As of September 2021

On a tree-lined street in Montecito Heights, two stylish, vintage homes on one lot! 2 bed + 1 bath larger bungalow, positioned at the back of the lot is all about the indoor-outdoor flow, a modern-cabin with wood floors, designer-y touches throughout. Open living room with decorative fireplace, and dining area with atrium-vibes. A sizable deck at entry is the perfect live-space extension. The second home is super charming with vintage detailing throughout, offering a generous bedroom and living room space with floor to ceiling window, and a small office in between. Kitchen overlooks the walkway, with a fountain to the right. "Great bones!"Both homes have views and each offers private space completely separate from one another. Property complete with detached street-side garages. Both homes are owner-occupied, but will be delivered vacant.

Last Agent to Sell the Property

Deirdre Salomone

Real Broker License #01325829 Listed on: 07/08/2021

Last Buyer's Agent

Sasha Wingate

Coldwell Banker Realty License #02112062

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,789

Year Built

  • Built in 1931

Lot Details

  • 5,198

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Hills

Home Design

  • Bungalow

Interior Spaces

  • 1,823 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Pool

  • Heated Spa
  • Above Ground Spa

Additional Features

  • 5,198 Sq Ft Lot
  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 5207-015-003

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,789

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1823
  • Lot Acreage: 0.1193
  • Stories: 1
  • Year Built: 1931
  • Number Of Photos: 51
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Drapes: 0
  • Number Range: 2
  • Number Refrigerator: 2
  • Fireplace Rooms: Living Room, Decorative
  • Flooring: Wood, Mixed
  • Bedrooms: 3
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 438.29

Exterior Features

  • Other Features: Two On A Lot
  • Other Structures: None
  • Pool: No
  • Spa: Above Ground, Heated
  • Spa Yn: Yes
  • View: Hills, City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Structures: 2
  • Number Rented Garages: 2
  • Total Parking: 2

Utilities

  • Heating: Floor Furnace
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2
  • Sewer: In Connected and Paid
  • Water: Public

Lot Info

  • Assessed Improvement Percent: 40.00
  • Assessed Improvement Value: 137773
  • Assessed Land Percent: 60
  • Assessed Land Value: 206664
  • Total Assessed Value: 344437
  • Assessor Parcel Number: 5207-015-003
  • Lot Size Area: 5198

Rental Info

  • Number Leased: 0
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Houses
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 18, 2021
Sold by
Fritz Cash A and Oliver Michael R
Bought by
Kittredge Brittany
Seller's Agent
Deirdre Salomone
Real Broker
Buyer's Agent
Sasha Wingate
Coldwell Banker Realty
List Price
$799,000
Sold Price
$840,000
Premium/Discount to List
$41,000
5.13%
Current Estimated Value
$1,021,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,757
Avg. Annual Appreciation
6.63%
Original Mortgage
$672,000
Outstanding Balance
$611,906
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$470,508

Purchase Details

Closed on
Jun 13, 2001
Sold by
Vaisburd Ross
Bought by
Fritz Carl D and Oliver Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.14%

Purchase Details

Closed on
May 31, 2001
Sold by
Savchenko Svetlana
Bought by
Vaisburd Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.14%
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
Kittredge Brittany $840,000 Lawyers Title
Fritz Carl D $250,000 Fidelity National Title Co
Vaisburd Ross -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kittredge Brittany $672,000
Previous Owner Fritz Carl D $230,000
Previous Owner Fritz Carl D $192,400
Previous Owner Fritz Carl D $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $840,000 +5.1% $461 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $799,000 -- $438 / 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 $10,789 $891,413 $636,724 $254,689
2024 $10,789 $873,936 $624,240 $249,696
2023 $10,581 $856,800 $612,000 $244,800
2022 $10,089 $840,000 $600,000 $240,000
2021 $4,374 $348,005 $208,805 $139,200
2020 $4,415 $344,437 $206,664 $137,773
2019 $4,247 $337,684 $202,612 $135,072
2018 $4,193 $331,064 $198,640 $132,424
2016 $3,995 $318,211 $190,928 $127,283
2015 $3,938 $313,433 $188,061 $125,372
2014 $3,963 $307,295 $184,378 $122,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-758324

The MLS

APN: 5207-015-003