NOT LISTED FOR SALE

Estimated Value: $4,106,000

4.15 Acres
$989,398 Price per Acre
180,774 Sq Ft Lot

Last Sold April 17, 2024

Last sale price $4,050,000 $951 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $25,206/month

8 Days on Market

Highlights

  • 180,774 Sq Ft lot
  • John Muir High School Rated A-
  • View of Hills

About This Lot

As of April 2024

Introducing a RARE opportunity in the exclusive Linda Vista area of Pasadena. This "Hidden Gem" spans 4.15 acres of premium real estate, presenting developers with the opportunity to work with 4 separate lots, each approximately 1 acre in size. For those in pursuit of their own private compound, this property offers endless possibilities. Behind a gated entrance, this hidden oasis reveals a picturesque Mid-Century home brimming with potential. Embraced by lush greenery and abundant natural light, the property seamlessly integrates indoor and outdoor living. Immerse yourself in a tranquil atmosphere while enjoying stunning views of the San Gabriel mountains and Colorado Bridge. With its expansive acreage and unparalleled possibilities, this private haven stands as a unique discovery in one of Pasadena's most sought-after neighborhoods offering a canvas for visionary developers and those looking to create their own bespoke estate in one of Pasadena's most coveted neighborhoods.

Last Agent to Sell the Property

Kennon Earl

Compass License #01394743 Listed on: 02/08/2024

Compass

Co-Listed By

Thomas Davila

Compass License #01725619

Last Buyer's Agent

Kennon Earl

Compass License #01394743 Listed on: 02/08/2024

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $34,008

Lot Details

  • 4.15 Acre Lot
  • Property is zoned PSR2

Property Views

  • Views of Hills

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5708-027-015

Property Details

Property Type

Land

Est. Annual Taxes

$34,008

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Number Of Photos: 42
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Hills
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5708-027-015
  • Lot Size Area: 180774

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Sep 27, 2022
Sold by
Lee Restated Revocable Family Trust
Bought by
Verdant Equity Llc
Seller's Agent
Joseph Lee
The Elifant Group, Inc.
List Price
$4,250,000
Sold Price
$3,650,000
Premium/Discount to List
-$600,000
-14.12%
Views
12
Current Estimated Value
$4,106,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,000

Purchase Details

Closed on
Sep 3, 2015
Sold by
Lee Hasung S and Lee Theresa H
Bought by
Lee Restated Revocable Family Trust

Purchase Details

Closed on
Jan 14, 2005
Sold by
Lee Hasung S and Lee Theresa H
Bought by
Lee Hasung S and Lee Theresa H

Purchase Details

Closed on
Mar 3, 2003
Sold by
Lee Hasung S and Lee Theresa H
Bought by
Lee Hasung S and Lee Theresa H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.83%

Purchase Details

Closed on
Sep 13, 2000
Sold by
Lee Hasung S and Lee Theresa H
Bought by
Lee Hasung S and Lee Theresa H
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Verdant Equity Llc $3,650,000 Fidelity National Title
Lee Restated Revocable Family Trust -- Fidelity National Title
Lee Restated Revocable Family Trust -- None Available
Lee Hasung S -- --
Lee Hasung S -- Landamerica Lawyers Title
Lee Hasung S -- Accommodation
Lee Hasung S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Hasung Simon $925,000
Previous Owner Lee Hasung S $410,000
Previous Owner Lee Hasung S $417,000
Previous Owner Lee Hasung S $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $4,050,000 +1.3% $951 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $3,999,999 +9.6% $939 / Sq Ft
09/30/2022 09/30/22 Sold $3,650,000 -14.1% $857 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $4,250,000 +16.4% $998 / Sq Ft
12/19/2020 12/19/20 Off Market $3,650,000 -- --
12/16/2020 12/16/20 Price Changed $3,975,000 -8.6% $933 / Sq Ft
11/25/2020 11/25/20 For Sale $4,350,000 -- $1,021 / Sq Ft
Source: The MLS

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
2023 $34,008 $3,000,000 $1,800,000 $1,200,000
2022 $10,614 $887,407 $174,941 $712,466
2021 $10,171 $870,008 $171,511 $698,497
2019 $9,801 $844,205 $166,425 $677,780
2018 $9,853 $827,653 $163,162 $664,491
2016 $9,507 $795,516 $156,827 $638,689
2015 $9,404 $783,568 $154,472 $629,096
2014 $9,220 $768,220 $151,447 $616,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-356585

The MLS

APN: 5708-027-015