NOT LISTED FOR SALE

Estimated Value: $573,155 - $655,000

1 Bed
1 Bath
1,039 Sq Ft
$431/mo HOA Fee

Last Sold February 11, 2021

Last sale price $472,000 $454 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,207/month

8 Days on Market

Highlights

  • In Ground Pool
  • Panoramic View
  • End Unit
  • Abraham Lincoln High School Rated A
  • 4.05 Acre Lot
  • Granite Countertops

About This Home

As of February 2021

VIEW!! VIEW!! VIEW!! This genuinely unique top-floor end unit offers oversize windows on three sides, abundant light and cross-ventilation, and serene views of nature with city lights in the distance. Located in the exclusive hilltop enclave of Monterey Hills, the unit has been upgraded over the years with good taste and a gentle touch. Gracious amenities include an entry foyer, a formal dining area, a large living room with a wood-burning fireplace that opens onto the oversize balcony with lovely views, and an outdoor storage closet. The sunny master suite offers large windows, an oversize walk-in closet, and a separate dressing area. The kitchen includes a breakfast area and offers ample cabinetry, granite counters, and upgraded appliances. The spacious bathroom provides an upgraded vanity and a large skylight. A convertible den with a walk-in closet could serve as a nursery or a second bedroom. Full-size side-by-side washer and dryer in the unit!! The common areas feature breezeways and beautifully landscaped courtyards. Indulge in the truly first-class recreational amenities, including a shimmering swimming pool, spa, and expansive sundeck. Perfect location, minutes from Old Town Pasadena, Paseo Colorado, Downtown L.A., the USC Health Sciences Campus, and the Gold Line. Truly the Gold Standard in Monterey Hills!!! Video Tour: https://vimeo.com/493958997/5356e0378c 3D Tour: https://my.matterport.com/show/?m=FTYTgPikZ7o&brand=0

Last Agent to Sell the Property

Hans Hagenmayer

Teamprovident, Inc. License #01208714 Listed on: 12/29/2020

Last Buyer's Agent

Veronica Lopez

SB REAL ESTATE License #01097527

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,216

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • End Unit
  • 1 Common Wall
  • West Facing Home

HOA Fees

  • $431 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Guest Parking

Property Views

  • Panoramic
  • Woods

Home Design

  • Stucco

Interior Spaces

  • 1,039 Sq Ft Home
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Low Flow Toliet
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Sport Court
  • Living Room Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Cooling Available
  • Central Heating
  • Air Source Heat Pump
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12

Community Details

Overview

  • 87 Units
  • Drake Terrace HOA, Phone Number (626) 795-3282
  • Beven & Brock HOA
  • Foothills

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,216

Year Built

Built in 1981 | Remodeled

Lot Details

0

HOA Fees

$431 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1039.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, Living Room Balcony, Recessed Lighting, Stone Counters
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 454.28
  • Room Type: Den, Entry, Formal Entry, Kitchen, Living Room, Master Bathroom
  • Spa Features: Association, In Ground
  • Window Features: Skylight(s)
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Stone Counters, Vanity Area
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Other Structures: Sport Court Private, Tennis Court Private
  • View: Panoramic, Trees/Woods
  • Patio And Porch Features: Covered, Patio Open
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Guest, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Hot Water, Pool, Sewer, Spa/Hot Tub, Tennis Court(s), Trash, Water
  • Association Fee: 431.00
  • Association Fee Frequency: Monthly
  • Association Name: Drake Terrace HOA
  • Phone: (626) 795-3282
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Foothills, Park, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Beven & Brock

Schools

  • School District: Los Angeles Unified

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 176679.00
  • Lot Size Acres: 4.0500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 176679.0000 Square Feet
  • Number Of Units In Community: 87

Tax Info

  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2020
Closed on
Jan 8, 2021
Sold by
Marquez Gen M
Bought by
Marquez Michael James and Declaration Of Trust
Seller's Agent
Hans Hagenmayer
Teamprovident, Inc.
Buyer's Agent
Veronica Lopez
SB REAL ESTATE
List Price
$472,000
Sold Price
$472,000
Current Estimated Value
$598,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,039
Avg. Annual Appreciation
5.38%
Original Mortgage
$448,400
Outstanding Balance
$401,274
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$196,765

Purchase Details

Listed on
Dec 29, 2020
Closed on
Jan 7, 2021
Sold by
Marquez Michael James and The Gen M Marquez Revocable Tr
Bought by
Valdez Catalina
Seller's Agent
Hans Hagenmayer
Teamprovident, Inc.
Buyer's Agent
Veronica Lopez
SB REAL ESTATE
List Price
$472,000
Sold Price
$472,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,400
Outstanding Balance
$401,274
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$196,765

Purchase Details

Closed on
Apr 15, 2003
Sold by
Marquez Gen M and Marquez Gen Mary
Bought by
Marquez Gen M and Gen M Marquez Revocable Trust
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
Marquez Michael James -- Wfg National Title Company
Valdez Catalina $472,000 Wfg National Title Company
Marquez Gen M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdez Catalina $30,000
Open Valdez Catalina $448,400
Previous Owner Marquez Gen M $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2021 02/11/21 Sold $472,000 0.0% $454 / Sq Ft
01/06/2021 01/06/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $472,000 -- $454 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $6,216 $510,905 $246,360 $264,545
2024 $6,216 $500,888 $241,530 $259,358
2023 $6,096 $491,068 $236,795 $254,273
2022 $5,812 $481,440 $232,152 $249,288
2021 $1,942 $155,770 $66,637 $89,133
2020 $1,957 $154,174 $65,954 $88,220
2019 $1,883 $151,152 $64,661 $86,491
2018 $1,862 $148,190 $63,394 $84,796
2016 $1,769 $142,437 $60,933 $81,504
2015 $1,743 $140,298 $60,018 $80,280
2014 $1,756 $137,551 $58,843 $78,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-2716

Pasadena-Foothills Association of REALTORS®

APN: 5302-012-088