NOT LISTED FOR SALE

124 E Alegria Ave Sierra Madre, CA 91024

Estimated Value: $1,331,000 - $2,392,593

6 Beds
2 Baths
2,806 Sq Ft
$678/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $1,330,000 $474 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $11,353/month

22 Days on Market

Highlights

  • 21,740 Sq Ft lot
  • Craftsman Architecture
  • Wood Flooring
  • Sierra Madre Elementary School Rated A-
  • Mountain View
  • 3-minute walk to Mount Wilson Trail Park

About This Home

As of July 2018

The quaint, artistic Canyon of Sierra Madre is known for its eclectic architecture, bridges, river rock walls, streams and wildlife. This absolutely adorable two story Craftsman duplex can remain as a dual living space or turned into a single dwelling! The sky is the limit on this property for you to turn this masterpiece into your own. Fabulous space for indoor/outdoor entertaining, the front and back yards sit on a 20k lot. Enjoy the peace and tranquility in your own little oasis, while also taking advantage of the close proximity to the town center, public transportation and the local recreational activities. Top rated Sierra Madre schools! Welcome home! Investors also welcomed.

Last Agent to Sell the Property

Maggie Landeros

Doora Properties License #01908469 Listed on: 04/26/2018

Last Buyer's Agent

Wilfred Kaliel

Coldwell Banker Residential License #01720864

Coldwell Banker Residential

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 0.5 Acre Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Craftsman Architecture
  • Fixer Upper

Interior Spaces

  • 2,806 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Workshop
  • Mountain Views
  • Laundry Room

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Utilities

  • No Heating
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 12
  • Assessor Parcel Number 5762015020

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,000
  • Insurance Expense $840
  • Trash Expense $2,400
  • Water Sewer Expense $2,400
  • New Taxes Expense $16,000
  • Operating Expense $24,640
  • Gross Income $40,160
  • Net Operating Income $40,160

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: SRR175
  • Architectural Style: Craftsman
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 5762015020
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Levels: Two
  • Price Per Square Foot: 473.98
  • Room Type: Living Room, Workshop

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Private
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft, Yard
  • Lot Size Sq Ft: 21740.00

Multi Family

  • Electric Expense: 3000.00
  • Gross Income: 40160.00
  • Gross Scheduled Income: 64800.00
  • Insurance Expense: 840.00
  • Net Operating Income: 40160.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 24640.00
  • Rent Control: No
  • Total Expenses: 24640.00

Tax Info

  • New Taxes Expense: 16000.00
  • Tax Census Tract: 4305.01
  • Tax Lot: 6
  • Tax Tract Number: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
May 31, 2018
Sold by
Magnum Property Investments Llc
Bought by
Reid Joseph A and Reid Ashleigh L
Seller's Agent
Maggie Landeros
Doora Properties
Buyer's Agent
Wilfred Kaliel
Coldwell Banker Residential
List Price
$1,300,000
Sold Price
$1,330,000
Premium/Discount to List
$30,000
2.31%
Current Estimated Value
$1,902,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,148
Avg. Annual Appreciation
4.88%
Original Mortgage
$997,500
Outstanding Balance
$872,132
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,030,016

Purchase Details

Closed on
Feb 14, 2018
Sold by
Bvs Partners Realty Llc
Bought by
Magnum Property Investments Llc

Purchase Details

Closed on
Feb 6, 2017
Sold by
Bvs Realty Partners Llc
Bought by
Bvs Partners Realty Llc

Purchase Details

Listed on
Sep 8, 2014
Closed on
Oct 29, 2014
Sold by
Collins Paul William
Bought by
Bvs Realty Partners Llc
Seller's Agent
Keven Stirdivant
Kase Real Estate
Buyer's Agent
Keven Stirdivant
Kase Real Estate
List Price
$1,249,900
Sold Price
$1,100,000
Premium/Discount to List
-$149,900
-11.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$1,280,000
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 1, 2013
Sold by
Collins Genevieve R
Bought by
Collins Paul William and The Genevieve Collins Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
2.43%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 21, 2002
Sold by
Collins Genevieve R
Bought by
Collins Genevieve R and The Genevieve Collins Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reid Joseph A $1,330,000 Fidelity Sherman Oaks
Magnum Property Investments Llc $1,120,000 None Available
Bvs Partners Realty Llc -- None Available
Bvs Realty Partners Llc $1,100,000 Fidelity National Title Co
Collins Paul William -- Placer Title Company
Collins Genevieve R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Joseph A $997,500
Previous Owner Bvs Realty Partners Llc $1,280,000
Previous Owner Collins Paul William $938,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2018 07/13/18 Sold $1,330,000 0.0% $474 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
05/18/2018 05/18/18 Off Market $1,330,000 -- --
04/26/2018 04/26/18 For Sale $1,300,000 +18.2% $463 / Sq Ft
11/26/2014 11/26/14 Sold $1,100,000 -12.0% $392 / Sq Ft View Prior Sale
10/14/2014 10/14/14 Pending -- -- --
09/08/2014 09/08/14 For Sale $1,249,900 -- $445 / 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 $16,868 $1,483,636 $1,186,910 $296,726
2024 $16,868 $1,454,546 $1,163,638 $290,908
2023 $16,772 $1,426,026 $1,140,822 $285,204
2022 $16,194 $1,398,065 $1,118,453 $279,612
2021 $15,537 $1,370,653 $1,096,523 $274,130
2019 $14,952 $1,330,000 $1,064,000 $266,000
2018 $14,910 $1,275,000 $1,020,000 $255,000
2016 $13,135 $1,116,775 $893,420 $223,355
2015 $12,936 $1,100,000 $880,000 $220,000
2014 -- $72,950 $42,976 $29,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18097177

California Regional Multiple Listing Service (CRMLS)

APN: 5762-015-020