NOT LISTED FOR SALE

La Crescenta-Montrose, CA 91020

Sparr Heights Neighborhood

Estimated Value: $1,278,000 - $1,470,835

7 Beds
3 Baths
-- Sq Ft
10,251 Sq Ft Lot

Last Sold July 17, 2013

Last sale price $765,000

Est. 80% increase in value since last sale

Current estimated payment $8,216/month

33 Days on Market

About This Home

As of July 2013

Montrose Triplex in prime location. Located on NE corner of Briggs & Montrose Ave. 2 BR/1BA unit will be vacant 6/10/13. Tenant was paying $1700 mo Other two units are 1BR/1BA each. Rents are $970 and $875. Both are long term tenants. Each unit has its own washer/dryer hook-ups. Two detached single garages + additional off street parking. Driveway to garages is off Briggs Ave. Large 10,000 sq.ft. lot. Tenants can walk to Montrose shopping, restaurants & bus.

Last Agent to Sell the Property

Norma Ellis

Engel & Völkers La Canada License #00294773 Listed on: 06/07/2013

Last Buyer's Agent

Hovik Avanessian

Re/Max Optima License #00994852

Re/Max Optima

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,815

Year Built

  • Built in 1940

Lot Details

  • 10,251

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Stucco

Additional Features

  • Mountain Views
  • 10,251 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 5807001035

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $2,160
  • Insurance Expense $875
  • Water Sewer Expense $2,055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,815

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 2055.00
  • Property Type: Residential Income
  • Gardener Expense: 2160.00
  • Parcel Number: 5807001035
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • View: Mountain(s)
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 10251.00
  • Lot Size Acres: 0.2400

Multi Family

  • Gross Scheduled Income: 42660.00
  • Insurance Expense: 875.00
  • Lot Size Area: 10251.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 7346.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2021
Sold by
Melikian and Ani
Bought by
Melikian Family Trust
Current Estimated Value
$1,374,709

Purchase Details

Closed on
Nov 19, 2015
Sold by
Jebrily Enterprises Llc
Bought by
Melikian Artin and Vartanian Ani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$602,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2015
Sold by
Balian Harry and Bidinian Arline
Bought by
Jebrily Enterprises Llc

Purchase Details

Closed on
Feb 2, 2015
Sold by
Jebrily Enterprises Llc
Bought by
Balian Harry and Bidinian Arline

Purchase Details

Listed on
Jun 7, 2013
Closed on
Aug 14, 2013
Sold by
Balian Harry and Bidinian Arline
Bought by
Jebrily Enterprises Llc
Seller's Agent
Norma Ellis
Engel & Völkers La Canada
Buyer's Agent
Hovik Avanessian
Re/Max Optima
List Price
$749,000
Sold Price
$765,000
Premium/Discount to List
$16,000
2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%
Original Mortgage
$535,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2013
Closed on
Jul 11, 2013
Sold by
Lakin Kenneth C and Lakin 2010 Trust
Bought by
Ballan Harry and Bidinian Arline
Seller's Agent
Norma Ellis
Engel & Völkers La Canada
Buyer's Agent
Hovik Avanessian
Re/Max Optima
List Price
$749,000
Sold Price
$765,000
Premium/Discount to List
$16,000
2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2013
Closed on
Jul 8, 2013
Sold by
Lakin Traci
Bought by
Lakin Leonard
Seller's Agent
Norma Ellis
Engel & Völkers La Canada
Buyer's Agent
Hovik Avanessian
Re/Max Optima
List Price
$749,000
Sold Price
$765,000
Premium/Discount to List
$16,000
2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2010
Sold by
Lakin Kenneth
Bought by
Lakin Kenneth C and Lakin 2010 Trust

Purchase Details

Closed on
Mar 13, 2008
Sold by
Lakin Bruce and Lakin Ken
Bought by
Lakin Kenneth and Lakin Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2004
Sold by
Lakin Jo Ann R and Jo Ann R Lakin Personal Trust
Bought by
Lakin Jo Ann R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2002
Sold by
Lakin Jo Ann R
Bought by
Lakin Jo Ann R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
6.7%

Purchase Details

Closed on
May 28, 1998
Sold by
Lakin Jo Ann R
Bought by
Lakin Jo Ann R and Jo Ann R Lakin Personal 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
Melikian Family Trust -- Baker Olson Lecroy & Danielian
Melikian Artin $860,000 Orange Coast Title Co Socal
Jebrily Enterprises Llc -- Accommodation
Balian Harry -- Accommodation
Jebrily Enterprises Llc -- None Available
Ballan Harry $765,000 Chicago Title Co
Lakin Leonard -- Chicago Title Co
Lakin Kevin -- Chicago Title Co
Lakin Kenneth C -- Chicago Title Co
Lakin Leonard -- Chicago Title Co
Lakin Kenneth C -- None Available
Lakin Kenneth -- North American Title Company
Lakin Jo Ann R -- Southland Title Company
Lakin Jo Ann R -- Southland Title Corporation
Lakin Jo Ann R -- Southland Title Company
Lakin Jo Ann R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melikian Artin $602,000
Previous Owner Ballan Harry $535,500
Previous Owner Lakin Kenneth $417,000
Previous Owner Lakin Jo Ann R $268,000
Previous Owner Lakin Jo Ann R $273,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2013 07/17/13 Sold $765,000 +2.1% --
07/10/2013 07/10/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $749,000 -- --
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 $11,815 $1,018,059 $615,572 $402,487
2024 $11,815 $998,098 $603,502 $394,596
2023 $11,301 $978,528 $591,669 $386,859
2022 $10,916 $959,342 $580,068 $379,274
2021 $10,729 $940,533 $568,695 $371,838
2020 $10,577 $930,890 $562,864 $368,026
2019 $10,324 $912,638 $551,828 $360,810
2018 $10,092 $894,744 $541,008 $353,736
2016 $8,900 $792,182 $481,522 $310,660
2015 $8,712 $780,284 $474,290 $305,994
2014 $8,650 $765,000 $465,000 $300,000
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Norma Ellis

    Engel & Völkers La Canada

  • Hovik Avanessian

    Buyer's Agent in 2013

    Hovik Avanessian

    RE/MAX

    (818) 259-4300

    2 in this area

    6 Total Sales

    Hovik Avanessian
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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-22176374

Pasadena-Foothills Association of REALTORS®

APN: 5807-001-035

California Los Angeles County La Crescenta-Montrose 91020

Sparr Heights

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