NOT LISTED FOR SALE

Estimated Value: $1,101,000 - $1,218,000

2 Beds
2 Baths
1,090 Sq Ft
$301/mo HOA Fee

Last Sold March 31, 2020

Last sale price $940,000 $862 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,538/month

21 Days on Market

Highlights

  • Gated Parking
  • Mountain View
  • Spanish Architecture
  • Franklin Elementary School Rated A+
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of March 2020

Nicely updated and bright, top-floor 2BR/2BA unit just south of Montana Avenue. Enjoy easy access to fabulous shopping, restaurants, coffee shops, and grocery stores nearby. The open floor plan features a redone modern kitchen with center island, stainless steel appliances, and dark wood floors. The dining area and well- sized living room look out onto a spacious balcony, perfect for entertaining. The master bedroom is ensuite with ample closet space, and the second bedroom is generous- sized as well. Both bedrooms and the hallway include brand new carpets. The unit comes with an inside washer and dryer along with a gated storage area and two side by side covered parking spots.

Last Agent to Sell the Property

David Solomon

Douglas Elliman of California, Inc. License #01386406 Listed on: 01/22/2020

Douglas Elliman of California, Inc.

Co-Listed By

Anna Solomon

Douglas Elliman of California, Inc. License #00850601

Last Buyer's Agent

Nooshin Zarrabi

License #01005030

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,303

Year Built

  • Built in 1971

Lot Details

  • 7,841

HOA Fees

  • $301 Monthly HOA Fees

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,090 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Mountain Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Side by Side Parking
  • Gated Parking

Additional Features

  • Covered Patio or Porch
  • Gated Home
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 4277-004-028

Community Details

Overview

  • 7 Units

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,303

Year Built

Built in 1971

Lot Details

0

HOA Fees

$301 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Spanish
  • Street Number Display: Yes
  • Advertising Remarks: Nicely updated and bright, top-floor 2BR/2BA unit just south of Montana Avenue. Enjoy easy access to fabulous shopping, restaurants, coffee shops, and grocery stores nearby. The open floor plan features a redone modern kitchen with center island, stainless steel appliances, and dark wood floors. The dining area and well- sized living room look out onto a spacious balcony, perfect for entertaining. The master bedroom is ensuite with ample closet space, and the second bedroom is generous- sized as well. Both bedrooms and the hallway include brand new carpets. The unit comes with an inside washer and dryer along with a gated storage area and two side by side covered parking spots.
  • Complex Name: Casa De Colores
  • Entry Floor: 2
  • Living Area: 1090
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Unit Floor In Building: 2
  • Year Built: 1971
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 861.47

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Gated Underground, Side By Side

Utilities

  • Earth Quake Ins: 1
  • Heating: Radiant
  • Security: Gated

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 301.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4277-004-028
  • Geocode Override: No
  • Lot Size Area: 8011

Multi Family

  • Number Of Units: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Feb 18, 2020
Sold by
Yuan Ye and Cox Katrin
Bought by
Vessal Ahmad and Jazayeri Azam
Seller's Agent
David Solomon
Douglas Elliman of California, Inc.
Buyer's Agent
Nooshin Zarrabi
List Price
$939,000
Sold Price
$940,000
Premium/Discount to List
$1,000
0.11%
Current Estimated Value
$1,148,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,966
Avg. Annual Appreciation
4.05%
Original Mortgage
$440,000
Outstanding Balance
$389,787
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$777,190

Purchase Details

Listed on
Feb 5, 2016
Closed on
Feb 18, 2016
Sold by
Cheng Xiaotong
Bought by
Yuan Ye and Cox Katrin Lisbeth
Seller's Agent
Brian Maser
The Condo Experts
Buyer's Agent
Anna Solomon
Douglas Elliman of California, Inc.
List Price
$769,000
Sold Price
$808,000
Premium/Discount to List
$39,000
5.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Original Mortgage
$646,400
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 3, 2012
Sold by
Cheng Xiaotong
Bought by
Cheng Xiaotong and Kirks Dietrich F

Purchase Details

Closed on
Jun 7, 2012
Sold by
Bendar Jack and Shannon Revocable Livin Jean C
Bought by
Cheng Xiaotong

Purchase Details

Closed on
Oct 5, 2005
Sold by
Shannon Jean C
Bought by
Shannon Jean C and Jean C Shannon Revocable Living Trust
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
Vessal Ahmad $940,000 Usa National Title Company
Yuan Ye $808,000 Fidelity Sherman Oaks
Cheng Xiaotong -- None Available
Cheng Xiaotong $425,000 Lawyers Title
Shannon Jean C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vessal Ahmad $440,000
Previous Owner Yuan Ye $646,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $940,000 +0.1% $862 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $939,000 +16.2% $861 / Sq Ft
03/23/2016 03/23/16 Sold $808,000 +5.1% $741 / Sq Ft
02/13/2016 02/13/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $769,000 -- $706 / 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 $12,303 $1,028,021 $786,657 $241,364
2024 $12,303 $1,007,865 $771,233 $236,632
2023 $12,103 $988,104 $756,111 $231,993
2022 $11,946 $968,731 $741,286 $227,445
2021 $11,641 $949,737 $726,751 $222,986
2020 $10,798 $874,601 $656,277 $218,324
2019 $10,685 $857,453 $643,409 $214,044
2018 $10,055 $840,642 $630,794 $209,848
2016 $5,627 $450,939 $255,921 $195,018
2015 $5,552 $444,166 $252,077 $192,089
2014 $5,483 $435,467 $247,140 $188,327
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-546710

The MLS

APN: 4277-004-028