$1,460,000
SOLD MAY 6, 2014

1260 E Palm St Altadena, CA 91001

3 Beds
3 Baths
3,614 Sq Ft
0.45 Acres

Recently Sold

$404 Per Sq Ft

3% Below List Price

44 Days on Market

Highlights

  • Home Theater
  • Updated Kitchen
  • Spanish Architecture
  • Pasadena High School Rated A
  • 0.45 Acre Lot
  • Eat-In Kitchen

About This Home

As of May 2014

This Exquisite Spanish style home is truly stunning and one-of-a-kind. The home has been extensively and tastefully remodeled while paying close attention to detail and respecting the era when this home was originally built. From the charming entry, to the formal living room with dramatic polished floors, Batchelder tile fireplace, large picture windows with dramatic views and period sconces this home has it all! The open, spacious floor plan includes 3 bedrooms; complete with adjoining, elegantly appointed bathrooms. The sitting area adjacent to the dining room is a perfect area to entertain your guests while preparing a wonderful meal in the newly remodeled gourmet kitchen. The study on the first floor offers a quiet retreat. Additional features include a lower level media room, craft area and utility room opening to a lovely patio and garden area.

Last Agent to Sell the Property

Mary Leonard

Berkshire Hathaway Home Servic License #01337195 Listed on: 02/19/2014

Berkshire Hathaway Home Servic

Last Buyer's Agent

Tammy O'Neill

Coldwell Banker Realty License #01810778

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,965

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 0.45 Acre Lot
  • Sprinkler System
  • Land Lease
  • Property is zoned unincorporated

Home Design

  • Spanish Architecture
  • Spanish Tile Roof

Interior Spaces

  • 3,614 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Home Theater

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Carport
  • Parking Available

Utilities

  • Central Heating
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 5844013006

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,965

Year Built

Built in 1924 | Remodeled

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: unincorporated
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5844013006
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3614.00
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 403.98
  • Room Type: Family Room, Media Room
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Roof: Spanish Tile

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Heating Type: Central
  • Sewer: Conventional Septic

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: Yes
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 19778.00
  • Lot Size Acres: 0.4500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19778.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2014
Closed on
Apr 7, 2014
Sold by
Kroeger Jeffrey and Kroeger Diane S
Bought by
Najera Todd Richard Harold and Lima Sheila De Carvalho
Seller's Agent
Mary Leonard
Berkshire Hathaway Home Servic
Buyer's Agent
Tammy O'Neill
Coldwell Banker Realty
List Price
$1,499,000
Sold Price
$1,460,000
Premium/Discount to List
-$39,000
-2.6%
Current Estimated Value
$1,955,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,999
Avg. Annual Appreciation
2.33%
Original Mortgage
$1,022,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2013
Closed on
Jun 24, 2013
Sold by
Elgin Bruce G and Elgin Mary V
Bought by
Kroeger Jeffrey and Kroeger Diane S
Seller's Agent
Jules Ibrao
COMPASS
Buyer's Agent
Jules Ibrao
Deasy Penner Podley
List Price
$1,025,000
Sold Price
$1,025,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.61%
Original Mortgage
$615,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 24, 1996
Sold by
Elgin Bruce G and Elgin Mary V
Bought by
Elgin Bruce G and Elgin Mary V
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,460,000 Fidelity National Title
Grant Deed $1,025,000 Equity Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,125,000 New Conventional
Closed $1,102,500 Adjustable Rate Mortgage/ARM
Closed $1,022,000 New Conventional
Previous Owner $615,000 Adjustable Rate Mortgage/ARM
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2014 05/06/14 Sold $1,460,000 -2.6% $404 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $1,499,000 +46.2% $415 / Sq Ft
07/18/2013 07/18/13 Sold $1,025,000 0.0% $368 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
06/04/2013 06/04/13 For Sale $1,025,000 -- $368 / 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 $19,965 $808,521 $808,521 --
2024 $19,965 $1,754,659 $1,219,490 $535,169
2023 $19,801 $1,720,255 $1,195,579 $524,676
2022 $19,110 $1,686,526 $1,172,137 $514,389
2021 $18,175 $1,653,457 $1,149,154 $504,303
2019 $17,478 $1,604,416 $1,115,070 $489,346
2018 $17,804 $1,572,957 $1,093,206 $479,751
2016 $17,271 $1,511,879 $1,050,756 $461,123
2015 $17,087 $1,489,170 $1,034,973 $454,197
2014 $11,847 $1,025,000 $820,000 $205,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-214006553

Pasadena-Foothills Association of REALTORS®

APN: 5844-013-006