NOT LISTED FOR SALE

1255 E Palm St Altadena, CA 91001

Estimated Value: $541,000 - $1,401,214

2 Beds
1 Bath
1,299 Sq Ft
$722/Sq Ft Est. Value

Sale Details

Date Sold: May 23, 2022

Last sale price $1,200,000 $924 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $6,160 / mo

3 Days on Market

Highlights

  • Open Floorplan
  • Mountain View
  • Wood Flooring
  • Pasadena High School Rated A
  • Traditional Architecture
  • No HOA

About This Home

As of May 2022

Located in one of North East Altadena's premier neighborhoods, this is a fabulous and unique opportunity, perfect For Your Investors/Contractors or for your Client with imagination and who want a Fixer and will make this home a true gem. Repairs are required and updates may be desired, but the Northeast foothill location makes it all worthwhile. On a large lot with tons of potential to expand, this property is a rare find for those seeking serenity, beauty and privacy. Good floorplan, hardwood floors, formal dining, breakfast nook, large kitchen and fireplace in living room. The property is sitting away from the street, you can enjoy the shade under the large trees in the front yard or the huge backyard with endless possibilities and room for a pool. 2 car garage detached.Don’t miss this opportunity.

Last Agent to Sell the Property

Gustavo Ohannessian

Guillermo Brunstein License #01257125 Listed on: 04/28/2022

Last Buyer's Agent

Gustavo Ohannessian

Guillermo Brunstein License #01257125 Listed on: 04/28/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 12,925 Sq Ft Lot
  • Rectangular Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LCR120

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • RV Potential

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Plaster
  • Stucco

Interior Spaces

  • 1,299 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room with Fireplace
  • Wood Flooring
  • Mountain Views

Kitchen

  • Gas Range
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Cesspool
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 2544
  • Assessor Parcel Number 5844011013
  • $371 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0.3 Acres

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 818-625-8549
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • View: Yes
  • Zoning: LCR120
  • Architectural Style: Traditional
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5844011013
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1299.00 Square Feet
  • Interior Amenities: Open Floorplan, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 923.79
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Foundation: Raised
  • View: Mountain(s)
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Plaster, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, RV Potential
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Central
  • Sewer: Cesspool, Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft, Rectangular Lot
  • Lot Size Sq Ft: 12925.00
  • Lot Size Acres: 0.2967

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12925.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4601.01
  • Tax Lot: 3
  • Tax Tract Number: 2544
  • TaxOtherAnnualAssessmentAmount: 371.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2021
Sold by
Kazanjian Christopher G
Bought by
Atoyan Sarkis and Atoyan Ani
Current Estimated Value
$938,071

Purchase Details

Closed on
Apr 20, 2005
Sold by
Kazanjian Victoria
Bought by
Kazanjian John and Kazanjian Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,342
Interest Rate
4.78%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 27, 1994
Sold by
Demirjian Edward and Kazanjian Victoria
Bought by
Kazanjian Victoria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Atoyan Sarkis -- Accommodation/Courtesy Recordi
Kazanjian John -- Alliance Title Company
Kazanjian Victoria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kazanjian John $469,342
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2022 05/23/22 Sold $1,200,000 0.0% $924 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $1,200,000 -- $924 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $14,238 $662,194 $662,194 --
2024 $14,238 $1,248,480 $998,784 $249,696
2023 $14,019 $1,224,000 $979,200 $244,800
2022 $1,142 $70,407 $35,315 $35,092
2021 $1,032 $69,027 $34,623 $34,404
2020 $1,001 $68,320 $34,268 $34,052
2019 $993 $66,982 $33,597 $33,385
2018 $942 $65,670 $32,939 $32,731
2016 $895 $63,122 $31,661 $31,461
2015 $885 $62,175 $31,186 $30,989
2014 $885 $60,958 $30,576 $30,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22087191

California Regional Multiple Listing Service (CRMLS)

APN: 5844-011-013

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