NOT LISTED FOR SALE

1240 Garfield Ave San Marino, CA 91108

Estimated Value: $2,467,000 - $2,973,272

4 Beds
3 Baths
2,656 Sq Ft
$1,044/Sq Ft Est. Value

Last Sold June 29, 2017

Last sale price $1,825,000 $687 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $16,891/month

Highlights

  • Greenhouse
  • Two Primary Bedrooms
  • Deck
  • Valentine Elementary Rated A+
  • Midcentury Modern Architecture
  • Wood Flooring

About This Home

As of June 2017

A fantastic renovation opportunity in San Marino sitting across the street from South Pasadena. This home's foyer leads you to a spacious living room and adjacent family room with walls of windows looking out to lush, mature trees in the private backyard. The dining room sits adjacent to the kitchen, which has access to a large Trex deck overlooking the backyard. There is a light-filled master suite with a bathroom and access to the deck. One of the three other bedrooms has an en suite bathroom. All bedrooms have good closet space and storage. There is a 1,117 sf (measured) outbuilding that was originally permitted as a Greenhouse (buyer to verify with City of San Marino about this structure). Make this home the ultimate entertainment house or your forever dream home. Other features include: San Marino schools, forced heating, attached two car garage, circular driveway, a large lot and easy access to the 110 freeway & downtown Los Angeles.

Last Agent to Sell the Property

Sarah Halpin

Markey & Associates License #01405135 Listed on: 04/22/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,387

Year Built

  • Built in 1953

Lot Details

  • 0.28 Acre Lot
  • West Facing Home
  • Property is zoned SOR109

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Parking Lot

Home Design

  • Midcentury Modern Architecture
  • Modern Architecture
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Raised Foundation
  • Stucco

Interior Spaces

  • 2,656 Sq Ft Home
  • Wood Burning Fireplace
  • Sliding Doors
  • Formal Entry
  • Living Room with Fireplace
  • Family or Dining Combination
  • Wood Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Greenhouse

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 5323024030

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,387

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Inclusions: refrigerator, washer/dryer
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: SOR109
  • Architectural Style: Mid Century Modern, Modern
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5323024030
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2656.00
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: In Family Room
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 687.12
  • Room Type: Family Room, Formal Entry, Master Bedroom, Two Masters

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Raised
  • Other Structures: Greenhouse
  • Patio And Porch Features: Deck
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Parking Space, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Closet, Outside, Washer Included
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12023.00
  • Lot Size Acres: 0.2800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12023.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2017
Closed on
May 30, 2017
Sold by
Pinsky Laura Helen
Bought by
Qian Xuejun and He Chenhui
Seller's Agent
Sarah Halpin
Markey & Associates
List Price
$1,589,000
Sold Price
$1,825,000
Premium/Discount to List
$236,000
14.85%
Current Estimated Value
$2,773,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$948,068
Avg. Annual Appreciation
5.22%
Original Mortgage
$1,186,250
Outstanding Balance
$1,010,977
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,762,091

Purchase Details

Closed on
Apr 7, 2004
Sold by
Pinsky Jack J
Bought by
Pinsky Jack J and Jack J Pinsky Trust

Purchase Details

Closed on
Jan 16, 2004
Sold by
Pinsky Jack J
Bought by
Pinsky Jack J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2000
Sold by
Pinsky Jack J
Bought by
Pinsky Jack J and Jack J & Marianne Pinsky Trust Agreement

Purchase Details

Closed on
May 11, 1998
Sold by
Pinsky Jack J Tr Jack J Pinsky Trust
Bought by
Pinsky Jack J and Pinsky Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,320
Interest Rate
7.17%

Purchase Details

Closed on
Aug 3, 1993
Sold by
Pinsky Jack J
Bought by
Pinsky Jack J and The Jack J Pinsky Intervivos Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Qian Xuejun $1,825,000 Chicago Title Company
Pinsky Jack J -- --
Pinsky Jack J -- California Title Company
Pinsky Jack J -- --
Pinsky Jack J -- --
Pinsky Jack J -- Old Republic Title Company
Pinsky Jack J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qian Xuejun $1,186,250
Previous Owner Pinsky Jack J $938,250
Previous Owner Pinsky Jack J $230,000
Previous Owner Pinsky Jack J $94,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2017 06/29/17 Sold $1,825,000 +14.9% $687 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
04/22/2017 04/22/17 For Sale $1,589,000 -- $598 / Sq Ft
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 $25,387 $2,132,609 $1,694,453 $438,156
2024 $25,387 $2,090,794 $1,661,229 $429,565
2023 $24,842 $2,049,799 $1,628,656 $421,143
2022 $24,074 $2,009,608 $1,596,722 $412,886
2021 $23,634 $1,970,205 $1,565,414 $404,791
2019 $22,896 $1,911,770 $1,518,984 $392,786
2018 $22,243 $1,861,500 $1,489,200 $372,300
2016 $2,603 $173,974 $73,911 $100,063
2015 $2,552 $171,361 $72,801 $98,560
2014 $2,534 $168,005 $71,375 $96,630
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-317003498

Pasadena-Foothills Association of REALTORS®

APN: 5323-024-030