NOT LISTED FOR SALE

Estimated Value: $936,297 - $1,088,000

5 Beds
1.5 Baths
1,612 Sq Ft
$623/Sq Ft Est. Value

Last Sold February 03, 2022

Last sale price $845,000 $524 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,253/month

Highlights

  • Sound Studio
  • No HOA
  • Bathtub
  • Wood Flooring
  • Eat-In Kitchen
  • Fireplace in Patio

About This Home

As of February 2022

Welcome to the charming neighborhood of Lake Balboa. This five bedroom, two bath home is ready to be reimagined by it's new owners. The kitchen is light and bright with room for a bistro table. The bedroom spaces could be easily repurposed for a theater room or home office. The possibilities are endless!The property features a nice size lot with a covered patio and plenty of room for a pool. The garage space is ideal for a recording studio, entertainment room or an ADU. Conveniently located close to Stagg Street Elementary. Come see this great property today!

Last Agent to Sell the Property

Michelle Chavoor

COMPASS License #01933340 Listed on: 12/16/2021

COMPASS

Last Buyer's Agent

Michelle Chavoor

COMPASS License #01933340 Listed on: 12/16/2021

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,854

Year Built

  • Built in 1950

Lot Details

  • 7,959 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Back Yard
  • Property is zoned LR1

Parking

  • 2 Car Garage
  • Parking Available

Interior Spaces

  • 1,612 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Living Room
  • Sound Studio

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Tile Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Fireplace in Patio
  • Patio
  • Exterior Lighting

Schools

  • Birmingham High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Standard Electricity
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1384
  • Assessor Parcel Number 2203004012

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,854

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Washer, Dryer, Stove, Refrigerator
  • Property Attached: No
  • View: No
  • Zoning: LR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2203004012
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1612.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: Livingroom
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area
  • Fireplace Features: Decorative, Patio
  • Levels: One
  • Price Per Square Foot: 493.18
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Master Bedroom, Sound Studio
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Refrigerator, Vented Exhaust Fan, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • High School: Birmingham
  • High School: Birmingham
  • High School2: BIRMIN

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7959.00
  • Lot Size Acres: 0.1827

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7959.0000 Square Feet

Tax Info

  • Tax Lot: 1384

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
Jan 20, 2022
Sold by
Peterson Trust
Bought by
Unanyan Vahe and Vardanyan Araksya
Seller's Agent
Michelle Chavoor
COMPASS
Buyer's Agent
Michelle Chavoor
COMPASS
List Price
$795,000
Sold Price
$845,000
Premium/Discount to List
$50,000
6.29%
Current Estimated Value
$1,003,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,824
Avg. Annual Appreciation
4.72%
Original Mortgage
$676,000
Outstanding Balance
$628,164
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$369,819

Purchase Details

Closed on
Apr 12, 2018
Sold by
Peterson Gerald
Bought by
Peterson Gerald W and Peterson Trust

Purchase Details

Closed on
May 10, 2004
Sold by
Peterson Elizabeth Anne
Bought by
Peterson Gerald and Peterson Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2000
Sold by
Peterson Gerald W
Bought by
Peterson Elizabeth Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,300
Interest Rate
8.08%

Purchase Details

Closed on
Apr 11, 2000
Sold by
Vonwinckelmann Emil H and Vonwinckelmann Gustavine M
Bought by
Peterson Elizabeth Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,300
Interest Rate
8.08%
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
Unanyan Vahe $845,000 Lawyers Title
Peterson Elizabeth -- Lawyers Title
Peterson Gerald W -- None Available
Peterson Gerald -- Investors Title Company
Peterson Elizabeth Anne -- Southland Title
Peterson Elizabeth Anne $183,500 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Unanyan Vahe $676,000
Previous Owner Epg Development Inc $650,000
Previous Owner Peterson Gerald $650,000
Previous Owner Peterson Gerald $150,000
Previous Owner Peterson Gerald $301,000
Previous Owner Peterson Gerald Wesley $295,000
Previous Owner Peterson Elizabeth Anne $232,500
Previous Owner Peterson Elizabeth Anne $29,103
Previous Owner Peterson Elizabeth Anne $182,000
Previous Owner Peterson Elizabeth Anne $174,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2022 02/03/22 Sold $845,000 +6.3% $524 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/17/2021 12/17/21 For Sale $795,000 -- $493 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $10,854 $896,719 $717,376 $179,343
2024 $10,854 $879,137 $703,310 $175,827
2023 $10,645 $861,900 $689,520 $172,380
2022 $8,623 $714,000 $499,800 $214,200
2021 $3,351 $260,533 $183,017 $77,516
2020 $3,381 $257,863 $181,141 $76,722
2019 $3,255 $252,808 $177,590 $75,218
2018 $3,158 $247,852 $174,108 $73,744
2016 $3,005 $238,231 $167,349 $70,882
2015 $2,963 $234,654 $164,836 $69,818
2014 $2,982 $230,059 $161,608 $68,451
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-7745

Pasadena-Foothills Association of REALTORS®

APN: 2203-004-012