NOT LISTED FOR SALE

Estimated Value: $957,000 - $1,048,000

3 Beds
2 Baths
1,740 Sq Ft
$566/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $843,000 $484 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,230/month

3 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Open Floorplan
  • No HOA
  • Valley Academy of Arts & Sciences Rated A-
  • Wood Flooring
  • Neighborhood Views

About This Home

As of December 2021

This Lake Balboa home has 3 bedrooms with original hardwood floors plus an office addition that could be easily converted to a 4th bedroom. The living and dining area has an open floor plan, double sided gas fireplace, and adjacent to the galley style kitchen. The backyard includes mature grapefruit and guava trees with room for bbq’ing and outdoor dining. The covered carport features a large planter, dual skylights, and can be used as an outdoor seating area or can provide parking for approximately 3 cars. The oversized detached 4 car garage has a separate entry door, tiled floors on one side, large storage attic, and is already outfitted with electrical for the potential of an ADU just waiting to happen. Additional features include newer HVAC, a newer Owens Corning Roof on both structures, home and garage (2020), and recent exterior paint (2020). Some Photos are virtually staged.

Last Agent to Sell the Property

stephanie jackson

U.S. Realty Group Inc. License #01921825 Listed on: 09/29/2021

U.S.  Realty Group Inc.

Last Buyer's Agent

Bill Rose

Park Regency Realty License #00857765

Park Regency Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,833

Year Built

  • Built in 1952

Lot Details

  • 6,010 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Interior Spaces

  • 1,740 Sq Ft Home
  • Open Floorplan
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Six Burner Stove
  • Gas Cooktop

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 1311
  • Assessor Parcel Number 2204029029

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,833

Year Built

Built in 1952

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2204029029
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1740.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 484.48
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Inside
  • 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

  • School District: Los Angeles Unified

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6010.00
  • Lot Size Acres: 0.1380

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6010.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 1311

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Oct 27, 2021
Sold by
Michaelsen Mark
Bought by
Bahramian Suren and Asatryan Gayane
Seller's Agent
stephanie jackson
U.S. Realty Group Inc.
Buyer's Agent
Bill Rose
Park Regency Realty
List Price
$789,000
Sold Price
$843,000
Premium/Discount to List
$54,000
6.84%
Current Estimated Value
$985,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,211
Avg. Annual Appreciation
4.27%
Original Mortgage
$674,400
Outstanding Balance
$620,105
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$365,106

Purchase Details

Closed on
Apr 2, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Michaelson Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,497
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 2009
Sold by
Aldana Marcia Y
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jun 6, 2005
Sold by
Aldana Leonardo
Bought by
Aldana Marcia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,600
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2005
Sold by
Rann Sonny O A B
Bought by
Aldana Marcia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,600
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2001
Sold by
Rann Sonny O A B
Bought by
Rann Sonny O A B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.67%
Mortgage Type
Unknown

Purchase Details

Closed on
May 30, 2000
Sold by
G Trust Franke Margaret Trs Franke Family
Bought by
Rann Sonny O A B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
8.55%

Purchase Details

Closed on
Apr 24, 1998
Sold by
Franke Arthur R and Franke Margaret Deanna
Bought by
Franke Arthur R and Franke Margaret Deanne

Purchase Details

Closed on
Jul 23, 1997
Sold by
Franke Arthur R
Bought by
Franke Arthur R and Franke Margaret Deanna
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
Bahramian Suren $843,000 Ticor Ttl Orange Cnty Branch
Michaelson Mark $359,000 Lsi Title Agency
Hsbc Bank Usa National Association $459,240 Accommodation
Aldana Marcia Y -- Commonwealth Title
Aldana Marcia Y $522,000 Commonwealth Title
Rann Sonny O A B -- --
Rann Sonny O A B $225,000 Chicago Title Co
Rann Sonny O A B -- Chicago Title Co
Franke Arthur R -- --
Franke Arthur R -- Title Land
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bahramian Suren $674,400
Previous Owner Michaelsen Mark $315,000
Previous Owner Michaelson Mark $307,900
Previous Owner Michaelson Mark $352,497
Previous Owner Aldana Marcia Y $417,600
Previous Owner Rann Sonny O A B $224,000
Previous Owner Rann Sonny O A B $210,000
Previous Owner Rann Sonny O A B $202,500
Closed Aldana Marcia Y $104,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $843,000 +6.8% $484 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $789,000 -- $453 / 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
2025 $10,833 $1,019,444 $715,677 $303,767
2024 $10,833 $877,056 $701,645 $175,411
2023 $10,625 $859,860 $687,888 $171,972
2022 $10,131 $843,000 $674,400 $168,600
2021 $5,323 $428,102 $294,309 $133,793
2019 $5,167 $415,407 $285,581 $129,826
2018 $5,055 $407,263 $279,982 $127,281
2016 $4,820 $391,451 $269,111 $122,340
2015 $4,750 $385,572 $265,069 $120,503
2014 $4,772 $378,020 $259,877 $118,143
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21214850

California Regional Multiple Listing Service (CRMLS)

APN: 2204-029-029