NOT LISTED FOR SALE

Estimated Value: $1,701,000 - $2,098,798

2 Acres
$944,100 Price per Acre
87,120 Sq Ft Lot

Last Sold September 01, 2016

Last sale price $400,000

Est. 372% increase in value since last sale

Current estimated payment $11,507/month

739 Days on Market

Highlights

  • Home fronts a creek
  • Panoramic View
  • No HOA
  • Polytechnic High School Rated A-
  • 2 Acre Lot
  • Wrought Iron Fence

About This Lot

As of September 2016

Beautiful lot in incredible prestigious are of White Gate. Perfect for Custom Home. Why spend 2 to 10 million on an existing home when you can build your own at a fraction of the selling prices of the area. Awesome views of city lights and mountain views. Surrounded by Multi Million Dollar Homes already established and built. Close to everything. Location, Location, Location!! Build your dream custom home and have plenty of room for pool, spa and all the amenities you may want. Just take a look around and see who your new neighbors will be and you will know you found the perfect place. Excellent opportunity to own one of the very few lots in the area without special assessments and HOA. Bring the family to take a look at it and you will definitively impress everyone. Back of lot has a small seasonal creek or water stream that keeps vegetation green. some of the photos are from homes within walking distance of the lot. I could go on but you must see it with your own eyes and write that offer today before it is gone. Seller is serious about selling this parcel now.

Last Agent to Sell the Property

Andres Lopez

Martin Cazarez, Broker License #01144788 Listed on: 08/21/2014

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,630

Lot Details

  • 2 Acre Lot
  • Home fronts a creek
  • Wrought Iron Fence
  • Partially Fenced Property
  • Block Wall Fence
  • Property is zoned R1

Property Views

  • Panoramic
  • City Lights
  • Neighborhood

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 19176
  • Assessor Parcel Number 241410011

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$14,630

Lot Details

0

Listing Details

  • Current Use Comments: SFR min 3500 sf
  • Improvements: semi level and cleared
  • Possible Use Comments: Custom Home
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Survey: Buyer Pays, Corners Marked, Survey Done
  • View: Yes
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 241410011
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 4.59

Exterior Features

  • View: City Lights, Neighborhood, Panoramic
  • Fencing: Block, Partial, Wrought Iron

Utilities

  • Utilities: Sewer Available
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 87120.00
  • Price Per Lot Square Foot: 4.59
  • Usable Land Percent: 80
  • Lot Size Acres: 2.0000

Multi Family

  • Lot Size Area: 87120.0000 Square Feet
  • Waterfront Features: Creek

Tax Info

  • Tax Lot: 10
  • Tax Rate: 1.10
  • Tax Tract Number: 19176
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2018
Sold by
Michaelides Yianni and Michaelides Victoria
Bought by
Michaelides Yianni and Michaelides Victoria
Current Estimated Value
$1,888,200

Purchase Details

Listed on
Aug 21, 2014
Closed on
Aug 2, 2016
Sold by
Buenrostro Ana M
Bought by
Michaelides Yianni and Michaelides Victoria
Seller's Agent
Andres Lopez
Martin Cazarez, Broker
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$496,000
Sold Price
$400,000
Premium/Discount to List
-$96,000
-19.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.41%
Original Mortgage
$240,000
Interest Rate
3.45%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 22, 2003
Sold by
Buenrostro Sergio
Bought by
Buenrostro Ana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 16, 2003
Sold by
Namdar Nader and Namdar Mitra Kelly
Bought by
Buenrostro Ana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.95%
Mortgage Type
Balloon

Purchase Details

Closed on
May 6, 1998
Sold by
Karody Ramesh R and Karody Atula R
Bought by
Namdar Nader and Namdar Mitra Kelly

Purchase Details

Closed on
Apr 29, 1998
Sold by
Karody Ramesh R and Karody Atula R
Bought by
Karody Ramesh and Karody Atula R
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
Michaelides Yianni -- None Available
Michaelides Yianni $400,000 Chicago Title Company
Buenrostro Ana M -- First American Title Co
Buenrostro Ana M $300,000 First American Title Co
Namdar Nader $140,000 First American Title Ins Co
Karody Ramesh -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michaelides Living Trust $4,825,000
Previous Owner Michaelides Yianni $1,200,000
Previous Owner Michaelides Yianni $240,000
Previous Owner Buenrostro Ana M $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2016 09/01/16 Sold $400,000 -19.4% --
08/29/2016 08/29/16 Pending -- -- --
08/21/2014 08/21/14 For Sale $496,000 -- --
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
2025 $14,630 $1,357,411 $464,232 $893,179
2023 $14,630 $1,304,703 $446,206 $858,497
2022 $14,296 $1,279,121 $437,457 $841,664
2021 $14,072 $1,254,041 $428,880 $825,161
2020 $13,965 $1,241,183 $424,483 $816,700
2019 $10,056 $891,160 $416,160 $475,000
2018 $4,627 $408,000 $408,000 $0
2017 $4,544 $400,000 $400,000 $0
2016 $3,911 $360,307 $360,307 $0
2015 $3,857 $354,896 $354,896 $0
2014 $3,822 $347,945 $347,945 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14180716

California Regional Multiple Listing Service (CRMLS)

APN: 241-410-011