NOT LISTED FOR SALE

Estimated Value: $1,155,761 - $1,262,000

3 Beds
2.5 Baths
1,408 Sq Ft
$871/Sq Ft Est. Value

Last Sold November 17, 2016

Last sale price $685,000 $487 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $7,471/month

Highlights

  • View of Hills
  • Bamboo Flooring
  • Central Heating and Cooling System
  • Abraham Lincoln High School Rated A
  • Modern Architecture

About This Home

As of August 2017

Spectacular hillside views! 3 bedroom, 3 bath modern home. Perched high atop a hill in red hot Montecito Heights, this home was built in 2007 and was also recently remodeled. This home features hardwood floors, dual zoned central AC, central heat, stainless steel appliances, large two car garage, privacy, and sophistication. Be a part of the secluded Montecito Heights community. A short distance to Debs National Park and minutes to Downtown, Highland Park and South Pasadena. Owner prefers a longer term lease 2 + years.

Last Agent to Rent the Property

Joy Bolger

Compass License #01946243 Listed on: 08/03/2017

Compass

Last Renter's Agent

Non-Member Madera

Madera Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,631

Year Built

  • Built in 2007

Lot Details

  • 5,326 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Parking Spaces

Home Design

  • Modern Architecture

Interior Spaces

  • 1,408 Sq Ft Home
  • Bamboo Flooring
  • Views of Hills
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,900
  • 12 Month Lease Term
  • Assessor Parcel Number 5304-015-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,631

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Security Deposit: 3900

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1408
  • Year Built: 2007
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Bamboo
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 2.77

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Hills
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5304-015-008
  • Geocode Override: No
  • Lot Size Area: 5326

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2017
Closed on
Aug 15, 2017
Sold by
Mak
Bought by
Goldt
Seller's Agent
Joy Bolger
Compass
Buyer's Agent
Non-Member Madera
Madera Non-Member
Sold Price
$3,900
Current Estimated Value
$1,226,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,222,290
Interest Rate
3.9%

Purchase Details

Listed on
Nov 23, 2016
Closed on
Nov 10, 2016
Sold by
Mak Laura Wai
Bought by
Mak Mario K
Seller's Agent
Joy Bolger
Compass
Buyer's Agent
Joy Bolger
Compass
Sold Price
$3,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$513,750
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2016
Closed on
Oct 19, 2016
Sold by
Aim United Llc
Bought by
Mak Henry William and Mak Jacqueline Cheryl
Seller's Agent
Ken Shapiro
Silverwood Properties
Buyer's Agent
Joy Bolger
Compass
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,750
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2016
Sold by
Mosher Bret
Bought by
Aim United Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,600
Interest Rate
3.72%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 25, 2007
Sold by
Mosher Bret
Bought by
Montecito Terrace Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,400
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2003
Sold by
Mosher Bret
Bought by
Montecito Terrace Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2002
Sold by
Glc Development Llc
Bought by
Mosher Bret

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
6.43%
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
Goldt -- --
Mak Mario K -- Lawyers Title La
Mak Henry William $685,000 Lawyers Title
Aim United Llc $544,000 None Available
Montecito Terrace Llc -- Accommodation
Mosher Bret -- Fidelity National Title Co
Mosher Bret -- Fidelity National Title Co
Montecito Terrace Llc -- Ticor Title
Mosher Bret $300,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Goldt --
Previous Owner Mak Henry William $513,750
Previous Owner Aim United Llc $489,600
Previous Owner Mosher Bret $12,200
Previous Owner Mosher Bret $11,600
Previous Owner Mosher Bret $32,150
Previous Owner Mosher Bret $679,400
Previous Owner Montecito Terrace Llc $5,380,000
Previous Owner Montecito Terrace Llc $350,000
Previous Owner Mosher Bret $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2017 08/28/17 Rented $3,900 0.0% --
08/03/2017 08/03/17 For Rent $3,900 +8.3% --
12/21/2016 12/21/16 Rented $3,600 -5.3% --
12/07/2016 12/07/16 Price Changed $3,800 -3.8% $3 / Sq Ft
11/23/2016 11/23/16 For Rent $3,950 0.0% --
11/17/2016 11/17/16 Sold $685,000 -2.0% $487 / Sq Ft
10/21/2016 10/21/16 For Sale $699,000 +2.0% $496 / Sq Ft
10/21/2016 10/21/16 Off Market $685,000 -- --
09/28/2016 09/28/16 For Sale $699,000 +2.0% $496 / Sq Ft
09/08/2016 09/08/16 Off Market $685,000 -- --
07/21/2016 07/21/16 For Sale $699,000 -- $496 / 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 $9,631 $796,476 $568,913 $227,563
2024 $9,631 $780,859 $557,758 $223,101
2023 $9,445 $765,549 $546,822 $218,727
2022 $9,005 $750,539 $536,100 $214,439
2021 $8,895 $735,824 $525,589 $210,235
2019 $8,628 $714,000 $510,000 $204,000
2018 $8,530 $700,000 $500,000 $200,000
2016 $3,644 $294,594 $123,790 $170,804
2015 $3,592 $290,170 $121,931 $168,239
2014 $3,611 $284,487 $119,543 $164,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-257560

The MLS

APN: 5304-015-008