$605,000
SOLD MAY 2, 2025

16 W Pine St Altadena, CA 91001

0.17 Acre
$3,481,013 Price per Acre
7,569 Sq Ft Lot

Recently Sold

$477 Per Sq Ft

10% Above List Price

3 Days on Market

About This Lot

As of May 2025

This northern facing lot measures 7,569 sqft (66 ft wide X 116 ft deep approx per plat map) NORTH of West Altadena Drive. Fast track 2,596 sqft of space plus TWO 2-car garages! Public records indicate the lost home was 1,269 sqft with 2 bedrooms and 2 baths plus a 2-car garage. Take advantage of fire rebuild rights and ADU fast tracking: build 10% bigger = a 1396 sf home with an attached 1200 sf ADU and two 2-car garages. This prime lot has completed Phase 1. Connected to sewer with permit. Property will not be part of Army Corp of Engineers Phase 2 cleanup, owner has opted out and property sold as-is. The home was destroyed in the recent Eaton Fire in January 2025, and sold for land value only, as-is and where-is.

Last Agent to Sell the Property

Michael Bell

Sotheby's International Realty, Inc. Brokerage Email: michael.bell@sothebyshomes.com License #01164731 Listed on: 03/27/2025

Sotheby's International Realty, Inc.

Last Buyer's Agent

Jeffrey Salcido

COMPASS License #01873951

COMPASS

Property Details

Property Type

  • Land

Lot Details

  • 7,569 Sq Ft Lot
  • Rectangular Lot
  • Level Lot
  • No Sprinklers
  • Private Yard
  • Back and Front Yard
  • Value in Land
  • Property is zoned LCR175

Location

  • Suburban Location

Utilities

  • Underground Utilities
  • Private Water Source
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Tract Number 460301
  • Assessor Parcel Number 5832013008

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Assessments: No
  • Current Use: Residential
  • Possible Use: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Not Applicable
  • View: No
  • Zoning: LCR175
  • Property Type: Land
  • Parcel Number: 5832013008
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 72.53

Exterior Features

  • Fence: No

Utilities

  • Utilities: Cable Available, Water Available, Underground Utilities, Sewer Available, Phone Available, Natural Gas Available, Electricity Available
  • Sprinklers: No
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Level with Street, Value In Land, Sprinklers None, Yard, Rectangular Lot, Level, Front Yard
  • Lot Size Sq Ft: 7569.00
  • Lot Size Acres: 0.1738

Multi Family

  • Lot Size Area: 7569.0000 Square Feet

Tax Info

  • Tax Tract: 3670
  • Tax Tract Number: 460301

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2025
Closed on
Apr 21, 2025
Sold by
Katrina Cornelia Pratcher Living Trust and Oliver Patrick C
Bought by
Np Altadena I Llc
Seller's Agent
Michael Bell
Sotheby's International Realty, Inc.
Buyer's Agent
Jeffrey Salcido
COMPASS
List Price
$549,000
Sold Price
$605,000
Premium/Discount to List
$56,000
10.2%
Views
13
Current Estimated Value
$534,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$70,427
Avg. Annual Appreciation
-16.64%
Original Mortgage
$8,400,000
Outstanding Balance
$8,362,858
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$7,828,285

Purchase Details

Closed on
Apr 18, 2011
Sold by
Pratcher Katrina C
Bought by
Pratcher Katrina Cornelia and The Katrina Cornelia Pratcher

Purchase Details

Closed on
Dec 3, 1997
Sold by
Lee Gladys Tr Gladys Lee Family Trust
Bought by
Pratcher Katrina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,213
Interest Rate
7.22%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $605,000 Usa National Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $168,000 Equity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,400,000 New Conventional
Previous Owner $164,213 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2025 05/02/25 Sold $605,000 +10.2% $477 / Sq Ft
03/30/2025 03/30/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $549,000 -- $433 / 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 $3,440 $92,780 $92,780 --
2024 $3,440 $262,971 $139,940 $123,031
2023 $3,404 $257,816 $137,197 $120,619
2022 $3,291 $252,761 $134,507 $118,254
2021 $3,097 $247,806 $131,870 $115,936
2019 $2,986 $240,458 $127,959 $112,499
2018 $3,002 $235,744 $125,450 $110,294
2016 $2,897 $226,592 $120,580 $106,012
2015 $2,865 $223,189 $118,769 $104,420
2014 $2,817 $218,818 $116,443 $102,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-21468

Pasadena-Foothills Association of REALTORS®

APN: 5832-013-008