NOT LISTED FOR SALE

650 S Avenue 61 Los Angeles, CA 90042

Montecito Heights Neighborhood

Estimated Value: $1,428,000 - $1,535,217

4 Beds
3.5 Baths
2,667 Sq Ft
$551/Sq Ft Est. Value

Last Sold July 26, 2017

Last sale price $880,000 $330 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $9,262/month

73 Days on Market

Highlights

  • City View
  • Spanish Architecture
  • 2 Car Attached Garage
  • Wood Flooring
  • Den
  • Built-In Features

About This Home

As of July 2017

Fantastic view home with all the modern conveniences in the highly desirable Oak Hills Estates in Los Angeles. This home is adjacent to South Pasadena in the Monterey Hills. Easy access to downtown LA and Pasadena. Title shows 4 bedrooms but 3 bedrooms and Den plus a family room, a huge formal dining room, and an office. The bright kitchen is perfect for a chef and includes granite counter tops, counter top Island and breakfast nook with tons of cabinet.The backyard features a covered patio and custom built shed with shelves, and lots of fruit trees and vegetable bed. Chandelier in the dinning room is exclude from sales.

Last Agent to Sell the Property

Peter Shim

New Star Realty License #01474154 Listed on: 04/03/2017

New Star Realty

Co-Listed By

Jong Soon Lee

New Star Realty License #01493671

Last Buyer's Agent

Peter Shim

New Star Realty License #01474154 Listed on: 04/03/2017

New Star Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,125

Year Built

  • Built in 2004

Lot Details

  • 6,462 Sq Ft Lot
  • Property is zoned LAR1

HOA Fees

  • $104 Monthly HOA Fees

Property Views

  • City
  • Canyon

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,667 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Den

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas And Electric Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5312-026-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,125

Year Built

Built in 2004

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 2667
  • Stories: 2
  • Year Built: 2004
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area, On Upper Level
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Gas Or Electric Dryer Hookup, Microwave, Range/Oven, Trash Compactor
  • Fireplace: Yes
  • Price Per S Q F T: 337.08

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Canyon, City
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Door Opener, Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 104.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5312-026-040
  • Geocode Override: No
  • Lot Size Area: 6462

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2017
Closed on
Jul 18, 2017
Sold by
Yoo Won Kon
Bought by
Chun Henry and Kang Jeen Joo
Seller's Agent
Peter Shim
New Star Realty
Buyer's Agent
Peter Shim
New Star Realty
List Price
$899,000
Sold Price
$880,000
Premium/Discount to List
-$19,000
-2.11%
Current Estimated Value
$1,488,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$608,175
Avg. Annual Appreciation
6.59%
Original Mortgage
$636,150
Outstanding Balance
$531,373
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$939,431

Purchase Details

Closed on
Dec 18, 2009
Sold by
Yoo Won Kon and Yoo Ki Ro
Bought by
Yoo Won Kon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2008
Sold by
Yoo Won Kon and Yoo Ki Ro
Bought by
Yoo Won Kon

Purchase Details

Closed on
Jul 18, 2007
Sold by
Bouchebel Carole Jean
Bought by
Lovera Jean Paul Gardel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2007
Sold by
Lovera Jean Paul Gardel
Bought by
Yoo Won Kon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2004
Sold by
Lovera Adolfo O and Adolfo O Lovera 2003 Revocable
Bought by
Lovera Jean Paul Gardel

Purchase Details

Closed on
Oct 9, 2003
Sold by
Lovera Adolfo O
Bought by
Lovera Adolfo O and Adolfo O Lovera 2003 Revocable Trust

Purchase Details

Closed on
Nov 5, 2002
Sold by
Rwh Pasadena Llc
Bought by
Lovera Adolfo O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5%
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
Chun Henry $880,000 Chicago Title Company
Yoo Won Kon -- Chicago Title Company
Yoo Won Kon -- None Available
Lovera Jean Paul Gardel -- First American Title Co
Yoo Won Kon $835,000 First American Title Co
Lovera Jean Paul Gardel -- --
Lovera Adolfo O -- --
Lovera Adolfo O $534,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chun Henry $636,150
Previous Owner Yoo Won Kon $400,000
Previous Owner Yoo Won Kon $417,000
Previous Owner Yoo Won Kon $535,000
Previous Owner Lovera Jean Paul G $125,000
Previous Owner Lovera Adolfo O $176,000
Previous Owner Lovera Adolfo O $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2017 07/26/17 Sold $880,000 -2.1% $330 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $899,000 -- $337 / 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 $12,125 $1,001,284 $630,469 $370,815
2024 $12,125 $981,652 $618,107 $363,545
2023 $11,892 $962,405 $605,988 $356,417
2022 $11,339 $943,535 $594,106 $349,429
2021 $11,192 $925,035 $582,457 $342,578
2019 $10,857 $897,600 $565,182 $332,418
2018 $10,767 $880,000 $554,100 $325,900
2016 $10,817 $898,000 $510,000 $388,000
2015 $10,449 $867,000 $492,300 $374,700
2014 $9,374 $759,000 $431,000 $328,000
Source: Public Records

Agents Affiliated with this Home

  • Peter Shim

    Seller's Agent in 2017

    Peter Shim

    New Star Realty

    (213) 792-4388

    10 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2017

    Jong Soon Lee

    New Star Realty

    (213) 385-4989

    3 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 17-217556

The MLS

APN: 5312-026-040

California Los Angeles County Los Angeles 90042 Montecito Heights

650 S Avenue 61, Los Angeles, CA

This home is located at 650 S Avenue 61, Los Angeles, CA 90042 since 03 April 2017 and is currently estimated at $1,470,804, approximately $551 per square foot. This property was built in 2004. 650 S Avenue 61 is a home located in Los Angeles County with nearby schools including Bushnell Way Elementary School, Luther Burbank Middle School, and Benjamin Franklin High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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