NOT LISTED FOR SALE

Estimated Value: $1,653,000 - $2,948,000

1 Bed
2 Baths
800 Sq Ft
$3,126/Sq Ft Est. Value

About This Home

Rarely available, FULLY RENOVATED guest house located inside one of the prestigious residences on Rodeo Rd. This private, single-level detached guest house is situated on the left side of the main house. The guest house features a master bedroom with a full bathroom and a walk-in closet, a full-size kitchen, a spacious living room, a full bathroom in the living room, and a utility room with enough space for a washer, laundry facilities, and additional storage. This unit has just been fully renovated with quality materials and is furnished with top-quality brand new appliances. This is a rare opportunity to live in a beautiful space that has never been lived in since the renovation. The rent includes high-speed internet and all utilities (except for electricity).

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Manalad Joselito P and Manalad Lea R
Bought by
Chung Tae K and Chung Lomi Mun
Current Estimated Value
$2,500,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$1,278,515
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,249,632

Purchase Details

Closed on
Sep 3, 2019
Sold by
Ritchie Letha E
Bought by
Manalad Joselito P and Manalad Lea R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,615,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2019
Sold by
Ritchie Letha E
Bought by
Ritchie Letha E and The W & L Ritchie Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,615,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2009
Sold by
Ritchie William J
Bought by
Ritchie William J and Ritchie Letha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 27, 1993
Sold by
Ritchie William J and Ritchie Letha
Bought by
Ritchie William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.21%

Purchase Details

Closed on
Sep 17, 1993
Sold by
Ritchie William J
Bought by
Ritchie William J and Ritchie Letha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chung Tae K $2,000,000 Tri City Escrow Inc
Manalad Joselito P $1,920,000 First American Title Company
Ritchie Letha E -- None Available
Ritchie William J -- Lawyers Title Co
Ritchie William J -- --
Ritchie William J -- Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Tae K $250,000
Open Chung Tae K $1,400,000
Previous Owner Manalad Joselito P $1,615,000
Previous Owner Ritchie William J $750,000
Previous Owner Ritchie William J $375,000
Previous Owner Ritchie William J $100,000
Previous Owner Ritchie William J $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Rented $2,700 0.0% --
09/19/2023 09/19/23 Under Contract -- -- --
09/08/2023 09/08/23 Off Market $2,700 -- --
09/01/2023 09/01/23 For Rent $2,700 -- --

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
2024 $22,955 $2,122,416 $1,475,862 $646,554
2023 $22,486 $2,080,800 $1,446,923 $633,877
2022 $22,362 $2,040,000 $1,418,551 $621,449
2021 $21,213 $1,929,787 $1,304,724 $625,063
2020 $21,102 $1,910,000 $1,291,346 $618,654
2019 $10,112 $912,403 $294,999 $617,404
2018 $9,958 $894,513 $289,214 $605,299
2017 $9,791 $876,974 $283,543 $593,431
2016 $9,584 $859,779 $277,983 $581,796
2015 $9,314 $846,865 $273,808 $573,057
2014 $9,042 $830,277 $268,445 $561,832
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map