NOT LISTED FOR SALE

Estimated Value: $1,117,000 - $1,369,000

3 Beds
2 Baths
1,449 Sq Ft
$842/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $850,000 $587 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,647/month

47 Days on Market

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • Breakfast Area or Nook
  • Traditional Architecture
  • No HOA
  • Formal Dining Room

About This Home

As of August 2022

Ladera Heights investor delight! Tremendous potential; this 3 bed, 2 bath fixer-home sits on a 7300 square foot lot with a detached garage. Conveniently located within minutes of LAX, the beaches, multiple freeways, and all of the shops, restaurants, and amenities down the street at the Ladera Center.

Last Agent to Sell the Property

Renee Pietrangelo

eXp Realty of Greater Los Angeles License #01900447 Listed on: 06/15/2022

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Marlon Amaya

The Beverly Hills Estates License #01982194

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,981

Year Built

  • Built in 1951

Lot Details

  • 7,299 Sq Ft Lot
  • Lot Dimensions are 58x123
  • Property is zoned LAR1

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,449 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room with Fireplace
  • Formal Dining Room
  • Laundry in Kitchen

Kitchen

  • Breakfast Area or Nook
  • Gas Oven

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4001-005-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,981

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Advertising Remarks: Ladera Heights investor delight! Tremendous potential; this 3 bed, 2 bath fixer-home sits on a 7300 square foot lot with a detached garage. Conveniently located within minutes of LAX, the beaches, multiple freeways, and all of the shops, restaurants, and amenities down the street at the Ladera Center.
  • Living Area: 1449
  • Lot Acreage: 0.1676
  • Lot Dimensions: 58x123
  • Probate: Yes
  • Stories: 1
  • Year Built: 1951
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Hardwood, Carpet, Mixed
  • Appliances: Oven-Gas
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Area, In Kitchen, Formal Dining Rm
  • Laundry: In Closet, In Kitchen
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 655.62

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4001-005-018
  • Lot Size Area: 7299

Rental Info

  • Court Approve: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2023
Sold by
Vikta Llc
Bought by
Puthanpurayil Padmini
Current Estimated Value
$1,220,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,000
Outstanding Balance
$680,418
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$542,896

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 18, 2022
Sold by
Grace Mapp
Bought by
Vikta Llc
Seller's Agent
Renee Pietrangelo
eXp Realty of Greater Los Angeles
Buyer's Agent
Marlon Amaya
The Beverly Hills Estates
List Price
$950,000
Sold Price
$850,000
Premium/Discount to List
-$100,000
-10.53%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.90%
Original Mortgage
$657,500
Interest Rate
5.54%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 30, 2016
Sold by
Concepcion Michael Tony and Goode Steven Alexander
Bought by
Goode Steven Alexander

Purchase Details

Closed on
Mar 2, 2011
Sold by
Concepcion Michael Tony and Goode Steven Alexander
Bought by
Concepcion Michael Tony and Goode Steven Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2007
Sold by
Concepcion Michael T
Bought by
Concepcion Michael T and Goode Steven

Purchase Details

Closed on
Jan 24, 2006
Sold by
Quinndana Ltd
Bought by
Concepcion Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 1999
Sold by
Concepcion Michael
Bought by
Quinndana Ltd

Purchase Details

Closed on
Feb 4, 1998
Sold by
Wilkins Family Trust Wilkins Robert E And Ver
Bought by
Concepcion Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,250
Interest Rate
7%
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
Puthanpurayil Padmini -- Pacific Coast Title Company
Puthanpurayil Padmini -- Pacific Coast Title Company
Puthanpurayil Padmini -- Pacific Coast Title Company
Vikta Llc $850,000 Equity Title
Goode Steven Alexander -- None Available
Concepcion Michael Tony -- Calcounties Title Nation
Concepcion Michael T -- None Available
Concepcion Michael -- Financial Title Company La
Quinndana Ltd -- --
Concepcion Michael $245,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puthanpurayil Padmini $696,000
Closed Puthanpurayil Padmini $696,000
Previous Owner Vikta Llc $657,500
Previous Owner Concepcion Michael Tony $250,000
Previous Owner Concepcion Michael $250,000
Previous Owner Concepcion Michael $235,000
Previous Owner Concepcion Michael $208,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $850,000 -10.5% $587 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $950,000 0.0% $656 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $950,000 -- $656 / Sq Ft
Source: The MLS

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 $11,981 $884,340 $728,280 $156,060
2024 $11,981 $1,040,000 $860,000 $180,000
2023 $9,568 $815,026 $494,070 $320,956
2022 $9,838 $799,046 $484,383 $314,663
2021 $9,738 $783,380 $474,886 $308,494
2019 $9,129 $760,146 $460,801 $299,345
2018 $9,125 $745,242 $451,766 $293,476
2016 $6,531 $536,216 $326,459 $209,757
2015 $6,403 $521,000 $306,200 $214,800
2014 $5,595 $441,000 $259,200 $181,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-168021

The MLS

APN: 4001-005-018