NOT LISTED FOR SALE

Estimated Value: $2,315,870

0.17 Acre
$13,622,765 Price per Acre
7,509 Sq Ft Lot

Last Sold January 26, 2021

Last sale price $2,350,000

Est. 1% decrease in value since last sale

Current estimated payment $14,398/month

390 Days on Market

About This Lot

As of January 2021

ADDRESS IS 4852 MELROSE AVE. THIS IS LAND WITH AN ACTIVE MEDICAL/DENTAL BUILDING ON IT.

Last Agent to Sell the Property

Robert Leighton

Rodeo Realty License #00924322 Listed on: 12/31/2019

Rodeo Realty

Last Buyer's Agent

Shawn Tolani

Rodeo Realty License #01010199

Rodeo Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,708

Lot Details

  • 7,509 Sq Ft Lot
  • Property is zoned LAC2

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5521-004-016

Property Details

Property Type

Land

Est. Annual Taxes

$24,708

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5521-004-016
  • Geocode Override: No
  • Lot Size Area: 7509

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2019
Closed on
Dec 15, 2020
Sold by
Samuel Roxas & Leoncia Roxas Dental Corp
Bought by
Llc & C Llc
Seller's Agent
Robert Leighton
Rodeo Realty
Buyer's Agent
Shawn Tolani
Rodeo Realty
List Price
$2,400,000
Sold Price
$2,350,000
Premium/Discount to List
-$50,000
-2.08%
Current Estimated Value
$2,315,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,130
Avg. Annual Appreciation
-0.18%
Original Mortgage
$783,000
Outstanding Balance
$702,734
Interest Rate
2.77%
Mortgage Type
New Conventional
Estimated Equity
$1,627,969

Purchase Details

Closed on
Jan 30, 2009
Sold by
The New Millennium Real Estate Group Inc
Bought by
Samuel Roxas & Leoncia Roxas Dental Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,500
Interest Rate
5.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2006
Sold by
Robinson Angie
Bought by
The New Millennium Real Estate Group Inc

Purchase Details

Closed on
Jan 31, 2006
Sold by
Valerio Joseph
Bought by
Robinson Angie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 2002
Sold by
Valerio Susan M
Bought by
Valerio Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 15, 2002
Sold by
Toh Peng Kiat and Toh Aloisi Sytu
Bought by
Valerio Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.99%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Llc & C Llc $1,900,000 Ticor Title Ncs
Samuel Roxas & Leoncia Roxas Dental Corp $825,000 Fidelity National Title
The New Millennium Real Estate Group Inc -- Accommodation
Robinson Angie -- North American Title Co
Valerio Joseph -- Stewart Title
Albania Rogin T -- Stewart Title
Valerio Joseph $390,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Llc & C Llc $783,000
Closed Llc & C Llc $783,000
Closed Llc & C Llc $760,000
Closed Llc & C Llc $950,000
Previous Owner Samuel Roxas & Leoncia Roxas Dental Corp $1,100,000
Previous Owner Samuel Roxas & Leonica Roxas Dental Corp $885,000
Previous Owner Samuel Roxas & Leoncia Roxas Dental Corp $175,000
Previous Owner Samuel Roxas & Leoncia Roxas Dental Corp $742,500
Previous Owner Robinson Angie $450,000
Previous Owner Valerio Joseph $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Sold $2,350,000 -2.1% --
01/24/2021 01/24/21 Pending -- -- --
09/05/2020 09/05/20 For Sale $2,400,000 +2.1% --
08/05/2020 08/05/20 Off Market $2,350,000 -- --
12/31/2019 12/31/19 For Sale $2,400,000 -- --
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 $24,708 $2,056,618 $1,699,417 $357,201
2024 $24,708 $2,016,294 $1,666,096 $350,198
2023 $24,231 $1,976,760 $1,633,428 $343,332
2022 $23,109 $1,938,000 $1,601,400 $336,600
2021 $14,446 $1,186,264 $862,524 $323,740
2020 $14,593 $1,174,101 $853,680 $320,421
2019 $14,020 $1,151,081 $836,942 $314,139
2018 $13,824 $1,128,512 $820,532 $307,980
2016 $14,510 $1,084,693 $788,671 $296,022
2015 $13,029 $1,068,401 $776,825 $291,576
2014 $13,075 $1,047,474 $761,609 $285,865
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-596782

The MLS

APN: 5521-004-016