$1,300,000
SOLD JUL 31, 2024
3 Beds
2 Baths
1,610 Sq Ft
0.39 Acres

Recently Sold

$807 Per Sq Ft

3 Days on Market

Highlights

  • 0.39 Acre Lot
  • No HOA
  • 1-Story Property

About This Home

As of July 2024

A beautiful house in the best area of Lake Balboa, this is a 3 bedroom and 2 bathroom house with a large back yard and a large front yard, the front yard has two long drive way with an electrical gate, recent upgrades to the property includes, new paint, new flooring, new recessed lights, lot is perfect for entertainment, kids play ground or a new ADU. This street is well know for beautiful oak trees, close to school restaurants freeway, balboa park.

Last Agent to Sell the Property

Mirna Cruz

Pinnacle Estate Properties, Inc. Brokerage Email: mirna4homes@gmail.com License #01328677 Listed on: 05/21/2024

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

Mirna Cruz

Pinnacle Estate Properties, Inc. Brokerage Email: mirna4homes@gmail.com License #01328677 Listed on: 05/21/2024

Pinnacle Estate Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,452

Year Built

  • Built in 1940

Lot Details

  • 0.39 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LARA

Interior Spaces

  • 1,610 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Location

  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 11896
  • Assessor Parcel Number 2229010022
  • $435 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,452

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LARA
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2229010022
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1610.00 Square Feet
  • Stories: 1
  • Entry Location: Groud kevel
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 807.45
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 17002.00
  • Lot Size Acres: 0.3903
  • Latitude Manual: 34.19198000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17002.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1320.01
  • Tax Lot: 42
  • Tax Tract Number: 11896
  • TaxOtherAnnualAssessmentAmount: 435.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Jul 25, 2024
Sold by
Gutierrez Luis
Bought by
Truong Xuan
Seller's Agent
Mirna Cruz
Pinnacle Estate Properties, Inc.
Buyer's Agent
Mirna Cruz
Pinnacle Estate Properties, Inc.
List Price
$1,300,000
Sold Price
$1,300,000
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.43%
Original Mortgage
$1,105,000
Outstanding Balance
$1,094,481
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$163,160

Purchase Details

Listed on
Aug 28, 2023
Closed on
Oct 17, 2023
Sold by
Nie Pei Huey
Bought by
Sarmiento Richard W
Seller's Agent
Jessica Foote
Native Real Estate, Inc.
Buyer's Agent
Mirna Cruz
Pinnacle Estate Properties, Inc.
List Price
$1,190,000
Sold Price
$1,085,000
Premium/Discount to List
-$105,000
-8.82%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.97%
Original Mortgage
$813,750
Interest Rate
7.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2017
Closed on
Jul 19, 2017
Sold by
Teel Oliver L
Bought by
Nie Pei Huey
Seller's Agent
David Abas
Equity Union
List Price
$697,000
Sold Price
$750,000
Premium/Discount to List
$53,000
7.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$592,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2017
Closed on
Jul 7, 2017
Sold by
Price Ann
Bought by
Nie Pei Huey
Seller's Agent
David Abas
Equity Union
List Price
$697,000
Sold Price
$750,000
Premium/Discount to List
$53,000
7.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2013
Closed on
Feb 22, 2013
Sold by
Wedgewood Community Fund Ii Llc
Bought by
Price Ann and Price David
Seller's Agent
Shawn Salter
No Firm Affiliation
Buyer's Agent
David Abas
Equity Union
List Price
$429,900
Sold Price
$445,000
Premium/Discount to List
$15,100
3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.42%

Purchase Details

Closed on
Oct 2, 2012
Sold by
Mortarotti Jody
Bought by
Wedgewood Community Fund Ii Llc

Purchase Details

Closed on
Apr 4, 2006
Sold by
Mortarotti Jody and Mortara Jody
Bought by
Mortarotti Jody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2004
Sold by
Mortarotti Theodore R
Bought by
Mortarotti Jody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 27, 2003
Sold by
Mortarotti Theodore Robert and Mortarotti Jody
Bought by
Mortarotti Theodore Robert

Purchase Details

Closed on
Oct 24, 2001
Sold by
Mortarotti Jody
Bought by
Mortarotti Theodore R

Purchase Details

Closed on
Aug 16, 2001
Sold by
Pullman Daniel E
Bought by
Mortarotti Theodre R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.25%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Priority Title Company
Grant Deed $1,300,000 Priority Title Company
Grant Deed $1,085,000 First American Title
Interfamily Deed Transfer -- Chicago Title
Grant Deed $750,000 Chicago Title
Grant Deed $445,000 Title 365
Trustee Deed $312,000 None Available
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $235,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,105,000 New Conventional
Previous Owner $813,750 New Conventional
Previous Owner $593,345 New Conventional
Previous Owner $594,228 New Conventional
Previous Owner $592,500 New Conventional
Previous Owner $222,500 Adjustable Rate Mortgage/ARM
Previous Owner $544,000 Purchase Money Mortgage
Previous Owner $45,000 Credit Line Revolving
Previous Owner $360,000 Purchase Money Mortgage
Previous Owner $188,000 No Value Available
Closed $47,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Rent $1,995 0.0% --
07/31/2024 07/31/24 Sold $1,300,000 0.0% $807 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $1,300,000 +19.8% $807 / Sq Ft
11/28/2023 11/28/23 Sold $1,085,000 -8.8% $807 / Sq Ft
10/06/2023 10/06/23 For Sale $1,190,000 0.0% $885 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/06/2023 09/06/23 Pending -- -- --
09/06/2023 09/06/23 Price Changed $1,190,000 +8.7% $885 / Sq Ft
08/28/2023 08/28/23 For Sale $1,095,000 +46.0% $814 / Sq Ft
08/10/2017 08/10/17 Sold $750,000 +7.6% $910 / Sq Ft
06/30/2017 06/30/17 Pending -- -- --
06/24/2017 06/24/17 For Sale $697,000 +56.6% $846 / Sq Ft
02/25/2013 02/25/13 Sold $445,000 +3.5% $540 / Sq Ft
02/12/2013 02/12/13 Pending -- -- --
02/09/2013 02/09/13 For Sale $429,900 -- $522 / Sq Ft
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
2024 $13,452 $1,085,000 $868,000 $217,000
2023 $9,664 $776,486 $623,377 $153,109
2022 $9,221 $761,261 $611,154 $150,107
2021 $9,113 $746,335 $599,171 $147,164
2019 $8,843 $724,200 $581,400 $142,800
2018 $8,721 $710,000 $570,000 $140,000
2016 $5,793 $468,104 $374,484 $93,620
2015 $5,710 $461,073 $368,859 $92,214
2014 $5,738 $452,042 $361,634 $90,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24102970

California Regional Multiple Listing Service (CRMLS)

APN: 2229-010-022