NOT LISTED FOR SALE

498 Clifton St Los Angeles, CA 90031

Lincoln Heights Neighborhood

Estimated Value: $726,000 - $834,000

2 Beds
1 Bath
748 Sq Ft
$1,041/Sq Ft Est. Value

Last Sold November 26, 2021

Last sale price $705,000 $943 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,853/month

14 Days on Market

Highlights

  • City Lights View
  • Attic
  • Ductless Heating Or Cooling System
  • Lincoln High School Rated A-
  • No HOA
  • Concrete Porch or Patio

About This Home

As of November 2021

Welcome to your secluded hillside hide away nestled above the street in up and coming Lincoln Heights. Cozy and private, this 748 square foot home has refinished hardwood floors, updated kitchen, newer windows, a new hot water heater, and mini-split heating and air. Centrally located you won't believe that your 8700 sqft view lot is only one mile from the I-5 freeway and four miles to the center of downtown LA. Climb the hill to gather eggs from your urban chicken coop, and while you are there enjoy a million dollar view for a fraction of the price. Starter homes do exist in LA, but not for long, because this one won't last.

Last Agent to Sell the Property

Stephen Aranda

Equity Smart Real Estate Services License #01435884 Listed on: 10/18/2021

Last Buyer's Agent

melinda marinack

Compass License #02042126

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1916

Lot Details

  • 8,700 Sq Ft Lot
  • Northwest Facing Home
  • Chain Link Fence
  • No Sprinklers

Property Views

  • City Lights
  • Park or Greenbelt
  • Neighborhood

Interior Spaces

  • 748 Sq Ft Home
  • 1-Story Property
  • Attic

Kitchen

  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Concrete Porch or Patio

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 199202
  • Assessor Parcel Number 5206024028

Home Details

Home Type

Single Family

Year Built

Built in 1916

Lot Details

8,700 Sq Ft Lot

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5206024028
  • Year Built: 1916
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 748.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 800.80
  • Room Type: All Bedrooms Down, Attic

Exterior Features

  • Patio: Yes
  • Direction Faces: Northwest
  • View: City Lights, Neighborhood, Park/Greenbelt
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Refrigerator
  • Heating Type: Ductless
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 8700.00
  • Lot Size Acres: 0.1997

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8700.0000 Square Feet

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 199202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2008
Sold by
Us Bank Na
Bought by
Loomis Christopher
Current Estimated Value
$778,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,100
Outstanding Balance
$201,025
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$577,953

Purchase Details

Closed on
Oct 12, 2007
Sold by
Cashpal Habanna J
Bought by
Us Bank Na and The Mlmi Surf Trust Series 2006-Bc4

Purchase Details

Closed on
May 24, 2006
Sold by
Pineda Joel Reyes
Bought by
Cashpal Habanna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
8.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 2, 2005
Sold by
Ojeda Isac
Bought by
Pineda Joel Reyes

Purchase Details

Closed on
Oct 20, 2004
Sold by
Ojeda Irma
Bought by
Ojeda Isac

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2004
Sold by
Avenida Properties Inc
Bought by
Ojeda Isac

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2004
Sold by
Gonzales Rudy Marin
Bought by
Avenida Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.86%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 25, 2001
Sold by
Gonzales Rudy Marin
Bought by
Gonzales Rudy Marin and Eisenbarth Susan Lynn

Purchase Details

Closed on
May 26, 2000
Sold by
Marin Maria R
Bought by
Gonzales Rudy Marin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.2%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Loomis Christopher $338,000 Lsi Title Fnds Division
Us Bank Na $298,200 None Available
Cashpal Habanna J $450,000 Transunion
Pineda Joel Reyes -- --
Ojeda Isac -- Southland Title Co
Ojeda Isac $330,000 Southland Title Co
Avenida Properties Inc $185,000 North American Title Co
Gonzales Rudy Marin -- --
Gonzales Rudy Marin $40,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loomis Christopher $321,100
Previous Owner Cashpal Habanna J $360,000
Previous Owner Ojeda Isac $264,000
Previous Owner Avenida Properties Inc $200,000
Previous Owner Gonzales Rudy Marin $40,000
Closed Avenida Properties Inc $23,000
Closed Ojeda Isac $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2021 11/26/21 Sold $705,000 0.0% $943 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/29/2021 10/29/21 Off Market $705,000 -- --
10/18/2021 10/18/21 For Sale $599,000 -- $801 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $9,058 $748,149 $598,520 $149,629
2024 $9,051 $733,481 $586,785 $146,696
2023 $8,876 $719,100 $575,280 $143,820
2022 $8,463 $705,000 $564,000 $141,000
2021 $5,061 $410,149 $327,637 $82,512
2019 $4,912 $397,985 $317,920 $80,065
2018 $4,881 $390,183 $311,687 $78,496
2016 $4,669 $375,034 $299,585 $75,449
2015 $4,603 $369,401 $295,085 $74,316
2014 $3,763 $291,400 $232,900 $58,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Stephen Aranda

    Equity Smart Real Estate Services

    Section Image

  • m

    Buyer's Agent in 2021

    melinda marinack

    Compass

    (323) 715-0712

    6 in this area

    26 Total Sales

    melinda marinack
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-7119

Pasadena-Foothills Association of REALTORS®

APN: 5206-024-028

California Los Angeles County Los Angeles 90031 Lincoln Heights

498 Clifton St, Los Angeles, CA

Not Listed for Sale

Detached

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