NOT LISTED FOR SALE

408 Montecito Dr Los Angeles, CA 90031

Montecito Heights Neighborhood

Estimated Value: $561,000 - $760,000

2 Beds
1 Bath
618 Sq Ft
$1,033/Sq Ft Est. Value

Last Sold May 28, 2012

Last sale price $185,000 $299 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $3,532/month

16 Days on Market

Highlights

  • Traditional Architecture
  • Fireplace
  • Eat-In Kitchen
  • Lincoln High School Rated A-
  • 2 Car Attached Garage
  • Carpet

About This Home

As of May 2012

2 bedrooms 1 bath house in need of mayor repairs, owner started the job but did not finish it, city send him notice of time to complete repairs, buyer to be responsible to comply with city's request.

Last Agent to Sell the Property

Maritza Madrid

Alpha Investments License #00889031 Listed on: 12/12/2011

Last Buyer's Agent

Robert Garcia

Alpha Investments License #00643305

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 2,335 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 618 Sq Ft Home
  • Fireplace
  • Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 0.05
  • Tax Tract Number 104
  • Assessor Parcel Number 5303005001

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

2,335 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Custom
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5303005001
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 618.00
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Levels: One
  • Price Per Square Foot: 299.35

Exterior Features

  • Patio: No
  • Fence: No
  • Pool Private: No
  • Roof: Shingle, Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 2335.00
  • Lot Size Acres: 0.0540

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2335.0000 Square Feet

Tax Info

  • Tax Lot: 0.05
  • Tax Tract Number: 104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2012
Sold by
Cortes Javier and Morales Teresa
Bought by
Rodriguez Martin and Rodriguez Maria Guadalupe
Current Estimated Value
$638,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,310
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 1998
Sold by
Bayas Alexander and Bayas Mercedes
Bought by
Cortes Javier and Morales Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,935
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 1996
Sold by
Wells Fargo Bank Na
Bought by
Bayas Alexander and Bayas Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,550
Interest Rate
7.96%

Purchase Details

Closed on
Feb 28, 1996
Sold by
Castro Enrique V and Castro Irma C
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 10, 1996
Sold by
Castro Enrique V
Bought by
Lopez Charles

Purchase Details

Closed on
Jul 19, 1994
Sold by
Cabrera Maria Consuelo
Bought by
Castro Enrique V and Castro Irma C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
6.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rodriguez Martin $185,000 Provident Title Company
Cortes Javier $87,000 Commonwealth Title
Bayas Alexander $66,500 Fidelity National Title Co
Wells Fargo Bank Na $74,800 North American Title Co
Lopez Charles -- --
Castro Enrique V $110,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Martin $180,310
Previous Owner Cortes Javier $86,935
Previous Owner Bayas Alexander $46,550
Previous Owner Castro Enrique V $104,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2012 05/28/12 Sold $185,000 +32.1% $299 / Sq Ft
12/28/2011 12/28/11 Pending -- -- --
12/12/2011 12/12/11 For Sale $140,000 -- $227 / 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 $2,911 $232,356 $185,888 $46,468
2024 $2,911 $227,801 $182,244 $45,557
2023 $2,857 $223,335 $178,671 $44,664
2022 $2,725 $218,957 $175,168 $43,789
2021 $2,690 $214,665 $171,734 $42,931
2019 $2,610 $208,300 $166,642 $41,658
2018 $2,568 $204,217 $163,375 $40,842
2016 $2,449 $196,289 $157,032 $39,257
2015 $2,414 $193,342 $154,674 $38,668
2014 $2,429 $189,556 $151,645 $37,911
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Maritza Madrid

    Alpha Investments

    (213) 610-3050

    10 Total Sales

    Maritza Madrid
    Section Image
  • Robert Garcia

    Buyer's Agent in 2012

    Robert Garcia

    Alpha Investments

    (213) 700-3965

    1 Total Sale

    Robert Garcia
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1107400

California Regional Multiple Listing Service (CRMLS)

APN: 5303-005-001

California Los Angeles County Los Angeles 90031 Montecito Heights

408 Montecito Dr, Los Angeles, CA

Not Listed for Sale

Detached

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