NOT LISTED FOR SALE

Estimated Value: $771,000 - $1,083,000

3 Beds
2 Baths
1,172 Sq Ft
$773/Sq Ft Est. Value

Last Sold December 06, 2018

Last sale price $550,000 $469 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,675/month

79 Days on Market

Highlights

  • Panoramic View
  • No HOA
  • Laundry Room
  • Abraham Lincoln High School Rated A
  • Cooling Available

About This Home

As of December 2018

Remodeled Dream Home in the coveted hills of Montecito Heights! Relax & unwind from a busy day on one of the two viewing decks overlooking the grounds with exceptional city lights and mountain views. Walk up the stairs to unsurpassed views of the city and the Hollywood Sign! The bottom house is 2 bedrooms and 1 bath and the top house is 1 bedroom and 1 bath. Live in one and rent the other for extra income! Very desirable location minutes to Downtown LA, K-town, Pasadena, public transportation – Gold line, schools, Debs Regional Park and easy access to 110 and 5 freeways. Don’t miss this great opportunity!

Last Listed By

Suzanne Hajian

Amberwood Real Estate, Inc. License #01834379 Listed on: 08/01/2018

Amberwood Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,515

Year Built

  • Built in 1906

Lot Details

  • 5,413 Sq Ft Lot
  • No Common Walls
  • Steep Slope

Home Design

  • Duplex

Interior Spaces

  • 1,172 Sq Ft Home
  • Panoramic Views

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Exterior Lighting
  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 005
  • Tax Tract Number 21
  • Assessor Parcel Number 5207021005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,515

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5207021005
  • Year Built: 1906
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1172.00 Square Feet
  • Entry Location: stairs to front door
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 469.28

Exterior Features

  • View: Panoramic
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Steep Slope
  • Lot Size Sq Ft: 5413.00
  • Lot Size Acres: 0.1243

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5413.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1993.00
  • Tax Lot: 005
  • Tax Tract Number: 021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Nov 1, 2018
Sold by
Coast Equity Partners Llc
Bought by
Rothery Paul Michael and Rothery Maybeth Nolan
Seller's Agent
Suzanne Hajian
Amberwood Real Estate, Inc.
Buyer's Agent
Richard Casillas
Sotheby's International Realty
List Price
$639,000
Sold Price
$550,000
Premium/Discount to List
-$89,000
-13.93%
Total Days on Market
79
Current Estimated Value
$906,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,412
Avg. Annual Appreciation
7.66%
Original Mortgage
$412,500
Outstanding Balance
$367,626
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$513,838

Purchase Details

Listed on
Oct 11, 2016
Closed on
May 8, 2017
Sold by
Ecclesia Llc
Bought by
Coast Equity Partners Llc
Seller's Agent
Adrian Cafuentes
Keller Williams Beverly Hills
Buyer's Agent
Adrian Cafuentes
Keller Williams Beverly Hills
List Price
$430,000
Sold Price
$360,000
Premium/Discount to List
-$70,000
-16.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.94%
Original Mortgage
$410,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 11, 2016
Closed on
Feb 17, 2017
Sold by
Robles Hilario E and Zamorano Arcelia
Bought by
Ecclesia Llc
Seller's Agent
Adrian Cafuentes
Keller Williams Beverly Hills
Buyer's Agent
Adrian Cafuentes
Keller Williams Beverly Hills
List Price
$430,000
Sold Price
$360,000
Premium/Discount to List
-$70,000
-16.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2013
Sold by
Zamorano Arcelia
Bought by
Robles Hilario E and Zamorano Arcelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2002
Sold by
E C Executive Brokers Investments Inc
Bought by
Zamorano Arcelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
7.08%

Purchase Details

Closed on
May 16, 2001
Sold by
Wells Fargo Bank Minnesota National Assn
Bought by
E C Executive Brokers Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,700
Interest Rate
7.06%

Purchase Details

Closed on
Feb 20, 2001
Sold by
Moreno Guadalupe
Bought by
Option One Mtg Loan Tr 2000-A Asset Back

Purchase Details

Closed on
Jun 29, 1999
Sold by
Nieto Jorge S
Bought by
Moreno Guadalupe

Purchase Details

Closed on
Jul 27, 1997
Sold by
Home Svgs Of America Fsb
Bought by
Nieto Jorge S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,905
Interest Rate
7.54%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 1996
Sold by
Espinoza Lorenzo and Home Svgs Of America Fsb
Bought by
Home Svgs Of America Fsb

Purchase Details

Closed on
May 3, 1996
Sold by
Espinoza Lorenzo
Bought by
Valderama Manuel

Purchase Details

Closed on
Jun 29, 1995
Sold by
Espinoza Cynthia
Bought by
Espinoza Lorenzo

Purchase Details

Closed on
Mar 15, 1995
Sold by
Castro Juan and Castro Juan Dedios
Bought by
Espinoza Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.88%

Purchase Details

Closed on
Nov 28, 1994
Sold by
Villa Abel and Villa Antonia
Bought by
Great Western Bank Fsb

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
Rothery Paul Michael $550,000 Fidelity National Title Comp
Coast Equity Partners Llc $475,000 Fidelity National Title Co
Ecclesia Llc $360,000 Fidelity National Title Co
Robles Hilario E -- Fidelity National Title Co
Zamorano Arcelia $175,000 American Title Co
E C Executive Brokers Investments Inc $80,000 First American Title Co
Option One Mtg Loan Tr 2000-A Asset Back $100,000 First American Title Ins Co
Moreno Guadalupe -- First Southwestern Title
Nieto Jorge S $78,000 Investors Title Company
Home Svgs Of America Fsb $85,000 Stewart Title
Valderama Manuel -- --
Espinoza Lorenzo -- Continental Lawyers Title Co
Espinoza Lorenzo $160,000 Continental Lawyers Title Co
Great Western Bank Fsb $85,205 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rothery Paul Michael $412,500
Previous Owner Coast Equity Partners Llc $410,000
Previous Owner Ecclesia Llc $410,000
Previous Owner Robles Hilario E $191,250
Previous Owner Zamorano Arcelia $215,000
Previous Owner Zamorano Arcelia $166,250
Previous Owner E C Executive Brokers Investments Inc $112,700
Previous Owner Moreno Guadalupe $108,000
Previous Owner Nieto Jorge S $77,905
Previous Owner Espinoza Lorenzo $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2018 12/06/18 Sold $550,000 -1.6% $469 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
09/13/2018 09/13/18 Price Changed $559,000 -3.5% $477 / Sq Ft
09/10/2018 09/10/18 Price Changed $579,000 -1.7% $494 / Sq Ft
08/29/2018 08/29/18 Price Changed $589,000 -1.7% $503 / Sq Ft
08/02/2018 08/02/18 Price Changed $599,000 -6.3% $511 / Sq Ft
08/01/2018 08/01/18 For Sale $639,000 +77.5% $545 / Sq Ft
03/20/2017 03/20/17 Sold $360,000 -7.5% $307 / Sq Ft
12/23/2016 12/23/16 Pending -- -- --
11/28/2016 11/28/16 Price Changed $389,000 -4.9% $332 / Sq Ft
11/03/2016 11/03/16 Price Changed $409,000 -4.9% $349 / Sq Ft
10/11/2016 10/11/16 For Sale $430,000 -- $367 / 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
2024 $7,515 $601,501 $437,456 $164,045
2023 $7,372 $589,708 $428,879 $160,829
2022 $7,032 $578,146 $420,470 $157,676
2021 $7,708 $566,811 $412,226 $154,585
2020 $7,014 $561,000 $408,000 $153,000
2019 $6,740 $550,000 $400,000 $150,000
2018 $6,048 $484,500 $357,000 $127,500
2016 $2,835 $218,376 $174,706 $43,670
2015 $2,796 $215,097 $172,082 $43,015
2014 $2,818 $210,885 $168,712 $42,173
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18185565

California Regional Multiple Listing Service (CRMLS)

APN: 5207-021-005