NOT LISTED FOR SALE

Estimated Value: $1,309,493

20 Acres
$65,475 Price per Acre
871,200 Sq Ft Lot

Last Sold March 24, 2017

Last sale price $500,000

Est. 162% increase in value since last sale

Current estimated payment $8,224/month

191 Days on Market

Highlights

  • 871,200 Sq Ft lot
  • No HOA
  • Foothills
  • La Verne Heights Elementary School Rated A-
  • Neighborhood Views
  • Rectangular Lot

About This Lot

As of March 2017

Ideal For Special Purposes (School, Church, Etc.) or Residential Development
Located in Unincorporated Los Angeles County
Unique Natural Site With Mature Trees and Varied Topography
Site Located in Close Proximity to 210 Freeway Via Fruit Street Exit
There is a 4-way on and off ramp at Fruit St. All amenities (restaurants, shopping, etc.) are located approximately 1 mile south on Foothill Blvd.

Last Agent to Sell the Property

Stephen Lim

Nai Capital License #01276633 Listed on: 08/23/2016

Nai Capital

Last Buyer's Agent

Stephen Lim

Nai Capital License #01276633 Listed on: 08/23/2016

Nai Capital

Property Details

Property Type

  • Land

Lot Details

  • 20 Acre Lot
  • Rectangular Lot
  • Steep Slope
  • Property is zoned LCA115000*

Location

  • Urban Location
  • Suburban Location

Additional Features

  • Neighborhood Views
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 8666006035

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Mountainous Community
  • Valley

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: LCA115000*
  • Property Type: Land
  • Parcel Number: 8666006035
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.57

Exterior Features

  • View: Neighborhood

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Community Features: Foothills, Mountainous, Sidewalks, Street Lights, Suburban, Urban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Steep Slope
  • Lot Size Sq Ft: 871200.00

Tax Info

  • Tax Census Tract: 4002.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2016
Closed on
Mar 20, 2017
Sold by
Christs Church Of The Valley
Bought by
Fakhoury Ramzy and Sawabini Rania
Seller's Agent
Stephen Lim
Nai Capital
Buyer's Agent
Stephen Lim
Nai Capital
List Price
$2,600,000
Sold Price
$500,000
Premium/Discount to List
-$2,100,000
-80.77%
Current Estimated Value
$1,309,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$809,493
Avg. Annual Appreciation
11.75%

Purchase Details

Closed on
May 17, 2005
Sold by
Beller Osman B and Beller Naomi
Bought by
Christs Church Of The Valley
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
Fakhoury Ramzy $500,000 Fidelity National Title Co
Christs Church Of The Valley $2,400,000 New Century Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $500,000 -80.8% --
03/02/2017 03/02/17 Pending -- -- --
08/23/2016 08/23/16 For Sale $2,600,000 -- --
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 $16,520 $1,223,148 $1,223,148 --
2024 $16,520 $1,199,165 $1,199,165 --
2023 $15,548 $1,175,652 $1,175,652 $0
2022 $13,608 $1,152,600 $1,152,600 $0
2021 $8,665 $536,101 $536,101 $0
2020 $8,212 $530,604 $530,604 $0
2019 $8,097 $520,200 $520,200 $0
2018 $7,765 $510,000 $510,000 $0
2016 $33,367 $2,825,992 $2,825,992 $0
2015 $32,844 $2,783,543 $2,783,543 $0
2014 $32,419 $2,729,018 $2,729,018 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR16722269

California Regional Multiple Listing Service (CRMLS)

APN: 8666-006-035