NOT LISTED FOR SALE

Estimated Value: $1,437,361 - $1,830,000

4 Beds
1.5 Baths
2,393 Sq Ft
$659/Sq Ft Est. Value

Last Sold April 26, 2017

Last sale price $1,057,000 $442 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $9,822/month

54 Days on Market

Highlights

  • Craftsman Architecture
  • Deck
  • Attic
  • Abraham Lincoln High School Rated A
  • Wood Flooring
  • 4-minute walk to Montecito Heights Community Center and Park

About This Home

As of April 2017

A large front porch welcomes you to this 1910 Craftsman that been restored and updated over the years while thoughtfully preserving its wonderful architectural details. Centrally located and close to Ernest E. Debs Regional Park, the Arroyo Seco, and Downtown L.A., this stunning home has wonderful period details including box beam ceilings, built-in cabinets, hardwood floors, pocket doors, wood paneled walls, crown molding and French Doors. Downstairs includes a spacious living room with decorative fireplace, den with fireplace, formal dining room with built-in china cabinet, remodeled kitchen with built-in cabinets, center island and new appliances, and a bathroom and office/guest room. Upstairs features 3 large bedrooms and a fourth smaller bedroom that makes a great nursery or office. There is also a large bathroom with claw foot tub. The third floor is a large, unfinished attic with plenty of storage space. The front and back gardens yard shave all been re-landscaped and offer serene places to relax or entertain year round. Along with Highland Park and Pasadena, Montecito Heights is one of the historic centers of the Arts and Crafts movement.

Last Agent to Sell the Property

Gretchen Seager

Sotheby's International Realty, Inc. License #01217500 Listed on: 03/02/2017

Sotheby's International Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,764

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 6,238 Sq Ft Lot
  • Sprinkler System
  • Private Yard
  • Property is zoned LARD3

Home Design

  • Craftsman Architecture
  • Composition Roof

Interior Spaces

  • 2,393 Sq Ft Home
  • 3-Story Property
  • Beamed Ceilings
  • Decorative Fireplace
  • Fireplace With Gas Starter
  • French Doors
  • Living Room with Fireplace
  • Den with Fireplace
  • Wood Flooring
  • Attic
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Automatic Gate
  • On-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Rain Gutters
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5303005035

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,764

Year Built

Built in 1910 | Remodeled

Lot Details

0

Listing Details

  • Property Attached: No
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LARD3
  • Architectural Style: Craftsman
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5303005035
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2393.00
  • Interior Amenities: Beamed Ceilings
  • Stories: 3
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Decorative, Den, Gas Starter, Living Room
  • Levels: Two
  • Price Per Square Foot: 441.70
  • Room Type: Attic, Basement, Den, Living Room, Office

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • Exterior Features: Rain Gutters
  • Patio And Porch Features: Deck, Front Porch
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Street

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Heating Type: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Sprinkler System, Yard
  • Lot Size Sq Ft: 6238.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6238.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2017
Closed on
Mar 24, 2017
Sold by
Li Shing Elizabeth
Bought by
Oliver Simon and Jacks Alexis
Seller's Agent
Gretchen Seager
Sotheby's International Realty, Inc.
List Price
$1,057,000
Sold Price
$1,057,000
Current Estimated Value
$1,576,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,840
Avg. Annual Appreciation
4.91%
Original Mortgage
$407,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2016
Sold by
Wang Lee Elizabeth Li Shing
Bought by
Elizabeth Li Shing Wang Lee and Lutz Olive

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 14, 2014
Closed on
Mar 31, 2014
Sold by
Schmeizer Joseph
Bought by
Li Shing Elizabeth and Hengst Lutz Oliver
Seller's Agent
Gretchen Seager
Sotheby's International Realty, Inc.
Buyer's Agent
Joshua Ritnimit
Redfin Corporation
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%

Purchase Details

Closed on
Sep 26, 2006
Sold by
Novak Richard G
Bought by
Schmelzer Joseph and Grunden Clate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
6.28%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 14, 1999
Sold by
Federal National Mortgage Association
Bought by
Novak Richard G and Hardman Joiline C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,900
Interest Rate
7.01%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 5, 1999
Sold by
California Federal Bank Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 29, 1993
Sold by
Lytar Alexander
Bought by
Hart Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
3.62%
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
Oliver Simon $1,057,000 Lawyers Title
Elizabeth Li Shing Wang Lee -- Accommodation
Wang Lee Elizabeth Li Shing -- First American Title Company
Li Shing Elizabeth $800,000 Lawyers Title
Schmelzer Joseph $704,000 Southland Title
Novak Richard G $160,000 Chicago Title
Federal National Mortgage Association -- First Southwestern Title Co
California Federal Bank Fsb $140,801 First Southwestern Title Co
Hart Jeffrey A $163,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliver Simon $390,000
Closed Oliver Simon $200,000
Closed Oliver Simon $407,000
Previous Owner Wang Lee Elizabeth Li Shing $420,000
Previous Owner Wang Lee Elizabeth Li Shing $200,000
Previous Owner Schmelzer Joseph $133,500
Previous Owner Schmelzer Joseph $500,000
Previous Owner Novak Richard G $450,000
Previous Owner Novak Richard G $30,000
Previous Owner Novak Richard G $125,000
Previous Owner Novak Richard G $87,000
Previous Owner Novak Richard G $25,000
Previous Owner Novak Richard G $23,900
Previous Owner Novak Richard G $127,900
Previous Owner Hart Jeffrey A $130,400
Closed Hart Jeffrey A $16,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2017 04/26/17 Sold $1,057,000 0.0% $442 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $1,057,000 +32.1% $442 / Sq Ft
04/11/2014 04/11/14 Sold $800,000 0.0% $334 / Sq Ft
03/26/2014 03/26/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $800,000 -- $334 / 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 $14,764 $1,226,732 $878,559 $348,173
2024 $14,764 $1,202,680 $861,333 $341,347
2023 $14,478 $1,179,099 $844,445 $334,654
2022 $13,804 $1,155,981 $827,888 $328,093
2021 $13,631 $1,133,315 $811,655 $321,660
2020 $13,768 $1,121,695 $803,333 $318,362
2019 $13,222 $1,099,702 $787,582 $312,120
2018 $13,157 $1,078,140 $772,140 $306,000
2016 $14,878 $828,426 $621,320 $207,106
2015 $9,950 $815,984 $611,988 $203,996
2014 $6,569 $520,000 $417,000 $103,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-317001860

Pasadena-Foothills Association of REALTORS®

APN: 5303-005-035