NOT LISTED FOR SALE

Estimated Value: $1,488,000 - $1,636,000

4 Beds
3 Baths
2,988 Sq Ft
$516/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $1,200,000 $402 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $9,727/month

114 Days on Market

Highlights

  • Solar Power System
  • Contemporary Architecture
  • Granite Countertops
  • Panoramic View
  • Wood Flooring
  • Den

About This Home

As of October 2021

Oak Hills Estate Community. Most desirable place between DTLA and PASADENA. Great Location Montecito Heights in Monterey Hills with breathtaking views. The best panoramic views Monterey Hills has to offer. There are NO neighbors on the rear side of the house. The House has a Spacious and Cozy Atmosphere. First Floor- Living Room, Dining Room, Spacious Kitchen with Island, Breakfast Area, Family Room and A Bedroom (can be used as an Office). Second Floor-Master Bedroom with Big dressing area, Master Bathroom, Large Walk in Closet and Wonderful North East Side View, 2nd Family Room Area, 2nd Bedroom with Balcony, 3rd Bedroom, Another Bathroom And Laundry Room. Paved Back Yard with Motorized Fabric Awning that makes really nice shades. Paid off Solar Panels. Indoor Patio right next to the Dining Room which is HOA approved. 3 Car Garage but One space currently converted as a storage room. Lovely, Well maintained House with really really convenient Location. You Should See it.

Last Agent to Sell the Property

Joon Jung

Bee Investment, Inc. License #01292015 Listed on: 04/30/2021

Co-Listed By

Christine Y Kim

Bee Investment, Inc. License #01096195

Last Buyer's Agent

Chong Sik Kim

Kingston Realty License #01202010

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,350

Year Built

  • Built in 2004

Lot Details

  • 6,348 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Back Yard
  • Property is zoned LAR1

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Converted Garage

Property Views

  • Panoramic
  • City Lights
  • Woods
  • Mountain

Home Design

  • Contemporary Architecture
  • Additions or Alterations
  • Tile Roof
  • Concrete Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,988 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Awning
  • Family Room with Fireplace
  • Family Room on Second Floor
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Balcony
  • Slab Porch or Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer in Street

Community Details

  • Association fees include trash
  • Association Phone (805) 650-3404

Listing and Financial Details

  • Assessor Parcel Number 5312-023-039

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,350

Year Built

Built in 2004

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Oak Hills Estate Community
  • Entry Location: Living Room
  • Living Area: 2988
  • Lot Acreage: 0.1457
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Additions/Alter
  • Stories: 2
  • Year Built: 2004
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 2
  • Fireplace Rooms: Family Room, Gas
  • Flooring: Mixed, Carpet, Hardwood
  • Appliances: Oven, Gas, Range
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Up, WalkInCloset, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Dining Area, Breakfast Counter / Bar
  • Kitchen Features: Granite Counters
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Gas Dryer Hookup, Dishwasher, Garbage Disposal, Range/Oven, Solar Panels
  • Fireplace: Yes
  • Price Per S Q F T: 418.34
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Features: Full Copper Plumbing, Balcony
  • Other Structures: None
  • Fence: Wood
  • Patio: Patio Open, Concrete Slab, Awning
  • Pool: No
  • Roof: Concrete, Tile
  • Spa Yn: No
  • View: City, City Lights, Mountains, Panoramic, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Garage, Garage Is Attached, Garage - 3 Car
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash
  • HOA Fees: 110.00
  • Phone: 8056503404|
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5312-023-039
  • Lot Description: Back Yard, Single Lot
  • Lot Size Area: 6348

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Oct 14, 2021
Sold by
Kim Chong S
Bought by
Kim Jennifer M
Seller's Agent
Joon Jung
Bee Investment, Inc.
Buyer's Agent
Chong Sik Kim
Kingston Realty
List Price
$1,349,000
Sold Price
$1,200,000
Premium/Discount to List
-$149,000
-11.05%
Current Estimated Value
$1,542,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,125
Avg. Annual Appreciation
6.85%
Original Mortgage
$1,020,000
Outstanding Balance
$932,161
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$621,654

Purchase Details

Listed on
Apr 30, 2021
Closed on
Sep 21, 2021
Sold by
Lee Chanyoung Chase and Lee Hein Jung
Bought by
Kim Jennifer M
Seller's Agent
Joon Jung
Bee Investment, Inc.
Buyer's Agent
Chong Sik Kim
Kingston Realty
List Price
$1,349,000
Sold Price
$1,200,000
Premium/Discount to List
-$149,000
-11.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Outstanding Balance
$932,161
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$621,654

Purchase Details

Listed on
Jun 24, 2013
Closed on
Aug 20, 2013
Sold by
Jung Woon Sung
Bought by
Lee Chan Young and Jung Hein
Seller's Agent
Nancy Cho
Re/Max Luxury Properties
Buyer's Agent
Steven Lee
Top Brokers
List Price
$666,400
Sold Price
$590,000
Premium/Discount to List
-$76,400
-11.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%
Original Mortgage
$413,000
Interest Rate
4.51%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 14, 2005
Sold by
Rhee Min Hwa
Bought by
Jung Woon Sung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2004
Sold by
Rhee Min Hwa Jung
Bought by
Jung Woon Sung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2004
Sold by
Rwh Pasadena Llc
Bought by
Jung Woon Sung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.12%
Mortgage Type
New Conventional
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
Kim Jennifer M -- Chicago Title Company
Kim Jennifer M $1,200,000 Chicago Title Company
Lee Chan Young $590,000 Title 365
Jung Woon Sung -- Chicago Title Co
Jung Woon Sung -- First American Title Co
Jung Woon Sung $836,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Jennifer M $295,000
Open Kim Jennifer M $1,020,000
Previous Owner Lee Chan Young $413,000
Previous Owner Jung Woon S $207,200
Previous Owner Jung Woon Sung $690,000
Previous Owner Jung Woon Sung $640,000
Previous Owner Jung Woon Sung $640,000
Closed Jung Woon Sung $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2021 10/19/21 Sold $1,200,000 -4.0% $402 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/02/2021 08/02/21 Price Changed $1,250,000 -7.3% $418 / Sq Ft
04/30/2021 04/30/21 For Sale $1,349,000 +128.6% $451 / Sq Ft
08/23/2013 08/23/13 Sold $590,000 -11.5% $197 / Sq Ft
06/29/2013 06/29/13 Pending -- -- --
06/24/2013 06/24/13 For Sale $666,400 +12.9% $223 / Sq Ft
06/05/2013 06/05/13 Off Market $590,000 -- --
05/17/2013 05/17/13 For Sale $666,400 +12.9% $223 / Sq Ft
05/10/2013 05/10/13 Off Market $590,000 -- --
03/29/2013 03/29/13 Price Changed $666,400 -4.7% $223 / Sq Ft
01/26/2013 01/26/13 For Sale $699,000 -- $234 / 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 $15,350 $1,273,449 $835,701 $437,748
2024 $15,350 $1,248,480 $819,315 $429,165
2023 $15,053 $1,224,000 $803,250 $420,750
2022 $14,351 $1,200,000 $787,500 $412,500
2021 $8,195 $668,172 $324,347 $343,825
2019 $7,951 $648,356 $314,728 $333,628
2018 $7,861 $635,644 $308,557 $327,087
2016 $7,492 $610,963 $296,576 $314,387
2015 $7,384 $601,787 $292,122 $309,665
2014 $7,412 $590,000 $286,400 $303,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-725766

The MLS

APN: 5312-023-039