NOT LISTED FOR SALE

Estimated Value: $1,473,000 - $1,636,000

4 Beds
2.5 Baths
2,450 Sq Ft
$642/Sq Ft Est. Value

Last Sold June 23, 2015

Last sale price $731,850 $299 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $9,585/month

38 Days on Market

Highlights

  • Mountain View
  • Property is near a park
  • No HOA
  • Abraham Lincoln High School Rated A
  • Private Yard
  • Attached Garage

About This Home

As of June 2015

Custom Craftsman style single family home is situated in Montecito Heights of Los Angeles. Located minutes away from Downtown LA and Old Town Pasadena and easy access to 110 freeways.

The spacious living room is enhanced by a decorative brick fireplace, numerous wood shutters windows which provide an abundance of natural lighting.

The brand new kitchen features ample white cabinetry with beautiful crystal white quartz stone countertops, backsplash, brand new stainless steel appliances, recessed lighting and imported tiles from Italy. The adjacent formal dining room is surrounding by panoramic wood shutter windows, with original built-in cupboard and drawers, a perfect space for enjoying intimate meals with your family.

The master bedroom is on main floor. It features 2 large closet spaces, brand new maple wood flooring and has convenient access to the private backyard. Off from the master bedroom is a Den that can be used as an office.

The upper level features 3 nice sized bedrooms and a bathroom. Each bedroom features its own large walk-in closet with windows. It also features plenty of windows that flood with natural sunlight. Two of the bedrooms have private new patio deck with view of the mountain and the city lights.

Last Agent to Sell the Property

Jerry Sun

RE/MAX Premier Properties License #01338788 Listed on: 03/28/2015

RE/MAX Premier Properties

Last Buyer's Agent

Kevin Krakower

Douglas Elliman of California, Inc. License #01896826

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,721

Year Built

  • Built in 1912

Lot Details

  • 5,199 Sq Ft Lot
  • Private Yard

Home Design

  • Shingle Roof

Interior Spaces

  • 2,450 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Mountain Views
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Attached Garage
  • Parking Available
  • Driveway

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 3 / 15
  • Assessor Parcel Number 5207012003

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,721

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5207012003
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2450.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 298.71
  • Room Type: Basement, Family Room, Master Bedroom

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Park Nearby, Yard
  • Lot Size Sq Ft: 5199.00
  • Price Per Lot Square Foot: 140.77
  • Lot Size Acres: 0.1190

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5199.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 15
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2015
Closed on
Jun 10, 2015
Sold by
Lin Ching Heng
Bought by
Ganem John T
Seller's Agent
Jerry Sun
RE/MAX Premier Properties
Buyer's Agent
Kevin Krakower
Douglas Elliman of California, Inc.
List Price
$849,000
Sold Price
$731,850
Premium/Discount to List
-$117,150
-13.8%
Current Estimated Value
$1,573,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$841,980
Avg. Annual Appreciation
7.85%
Original Mortgage
$372,500
Outstanding Balance
$290,354
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$1,283,476

Purchase Details

Listed on
Feb 12, 2014
Closed on
Mar 11, 2014
Sold by
Esteves Myrna M
Bought by
Lin Ching Heng and Busch Elsa D
Seller's Agent
Jerry Sun
RE/MAX Premier Properties
Buyer's Agent
Jerry Sun
RE/MAX Premier Properties
List Price
$499,900
Sold Price
$420,000
Premium/Discount to List
-$79,900
-15.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.10%

Purchase Details

Closed on
Dec 12, 2008
Sold by
Cruz Elba N
Bought by
Esteves Myrna M

Purchase Details

Closed on
Aug 21, 2002
Sold by
Esteves Elba I
Bought by
Cruz Elba N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
9.15%

Purchase Details

Closed on
Aug 20, 1996
Sold by
Cruz Elba N
Bought by
Cruz Elba N and Esteves Elba I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Interest Rate
8.42%

Purchase Details

Closed on
Jul 12, 1995
Sold by
Esteves Elba
Bought by
Cruz Elba N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.71%
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
Ganem John T $732,000 First American Title
Ganem John T -- First American Title
Lin Ching Heng $420,000 Fatcola
Esteves Myrna M -- None Available
Cruz Elba N -- Fidelity National Title
Cruz Elba N -- Fidelity Title
Cruz Elba N -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ganem John T $372,500
Previous Owner Cruz Elba N $159,000
Previous Owner Cruz Elba N $140,000
Previous Owner Cruz Elba N $106,200
Previous Owner Cruz Elba N $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2015 06/23/15 Sold $731,850 -2.3% $299 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
04/28/2015 04/28/15 Price Changed $749,000 -3.9% $306 / Sq Ft
04/16/2015 04/16/15 Price Changed $779,000 -1.3% $318 / Sq Ft
04/08/2015 04/08/15 Price Changed $789,000 -1.3% $322 / Sq Ft
04/01/2015 04/01/15 Price Changed $799,000 -5.9% $326 / Sq Ft
03/28/2015 03/28/15 For Sale $849,000 +102.1% $347 / Sq Ft
04/17/2014 04/17/14 Sold $420,000 -16.0% $171 / Sq Ft
02/14/2014 02/14/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $499,900 0.0% $204 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
12/03/2013 12/03/13 For Sale $499,900 0.0% $204 / Sq Ft
12/02/2013 12/02/13 Pending -- -- --
10/04/2013 10/04/13 For Sale $499,900 -- $204 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,721 $879,745 $585,296 $294,449
2024 $10,721 $862,496 $573,820 $288,676
2023 $10,515 $845,585 $562,569 $283,016
2022 $10,029 $829,006 $551,539 $277,467
2021 $9,900 $812,752 $540,725 $272,027
2019 $9,605 $788,647 $524,688 $263,959
2018 $9,508 $773,184 $514,400 $258,784
2016 $9,077 $743,162 $494,426 $248,736
2015 $5,326 $428,391 $342,713 $85,678
2014 -- $342,219 $131,622 $210,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15065007

California Regional Multiple Listing Service (CRMLS)

APN: 5207-012-003