NOT LISTED FOR SALE

Estimated Value: $4,673,000 - $5,279,000

5 Beds
4.5 Baths
4,980 Sq Ft
$975/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $2,825,000 $567 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $28,203/month

52 Days on Market

Highlights

  • Above Ground Pool
  • Mountain View
  • Carpet

About This Home

As of June 2016

This 1920s Wallace Neff Spanish Colonial Revival exemplifies Mediterranean design and the California style of the golden age'. Sited with a generous setback from the notable La Vereda Road, one is immediately drawn to the classic Spanish architectural elements of this estate. The Neff designed wrought iron gate and exquisite front door opens to the grand foyer featuring paver tile floors, arched doorways and an elegant staircase adorned with decorative tile. Stepping down into the living room reveals a dramatic hand-carved wood ceiling and a massive fireplace anchoring the generously-proportioned area. Full French doors in both the living room and adjacent dining room welcome in an abundance of natural light and provide a connection to the outdoor gardens, 3 patios, a large stone cook space with built-in barbecue, refrigerator, storage doors and colorful tile work. The saltwater pool with waterfall, fountain, and separate spa complete the grounds. Large laundry and maids room down. 4 spacious bedrooms plus rec room & craft room are featured up. Romantic balconies abound.

Last Agent to Sell the Property

Vicky Botsford

COMPASS License #01184717 Listed on: 05/03/2016

COMPASS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 0.43 Acre Lot
  • Property is zoned PSR4

Parking

  • 2 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 4,980 Sq Ft Home
  • Living Room with Fireplace
  • Carpet
  • Mountain Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • Above Ground Pool
  • Waterfall Pool Feature

Listing and Financial Details

  • Assessor Parcel Number 5708029004

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: PSR4
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5708029004
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4980.00
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 567.27

Exterior Features

  • View: Mountain(s)
  • Pool Features: Above Ground, Waterfall
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18684.00
  • Lot Size Acres: 0.4300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18684.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2016
Closed on
Jun 24, 2016
Sold by
Mackinnon Alexander F and Mackinnon Jane B
Bought by
Marquez Michelle Lapid and Michelle Lapid Marquez Living
Seller's Agent
Vicky Botsford
COMPASS
List Price
$2,825,000
Sold Price
$2,825,000
Current Estimated Value
$4,854,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,029,992
Avg. Annual Appreciation
5.82%
Original Mortgage
$2,118,750
Outstanding Balance
$1,661,130
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$3,193,862

Purchase Details

Closed on
Jun 3, 2015
Sold by
City Ventures Homebuilding Llc
Bought by
The Mackinnon Family Trust and Mackinnon Jane B

Purchase Details

Closed on
Feb 6, 2013
Sold by
Mackinnon Alexander F and Mackinnon Jane B
Bought by
Mackinnon Alexander F and Mackinnon Jane B

Purchase Details

Closed on
Nov 5, 1998
Sold by
And E T Hermanson Trust Hermanson William And
Bought by
Mackinnon Alexander F and Mackinnon Jane B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.73%

Purchase Details

Closed on
Sep 9, 1993
Sold by
Hermanson William Joseph and Hermanson Elena Tara
Bought by
Hermanson William Joseph and Hermanson Elena Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
6.74%
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 Buyer Sale Price Title Company
Marquez Michelle Lapid $2,825,000 Lawyers Title
The Mackinnon Family Trust $1,985,000 First American Title Company
Mackinnon Alexander F -- None Available
Mackinnon Alexander F -- Southland Title Corporation
Hermanson William Joseph -- Old Republic Title Company
Hermanson William J -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquez Michelle Lapid $2,118,750
Previous Owner Mackinnon Alexander F $650,000
Previous Owner Hermanson William J $233,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2016 06/28/16 Sold $2,825,000 0.0% $567 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $2,825,000 -- $567 / 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 $36,800 $3,344,219 $1,874,065 $1,470,154
2024 $36,800 $3,278,647 $1,837,319 $1,441,328
2023 $36,496 $3,214,361 $1,801,294 $1,413,067
2022 $35,216 $3,151,335 $1,765,975 $1,385,360
2021 $33,762 $3,089,546 $1,731,349 $1,358,197
2019 $32,473 $2,997,911 $1,679,998 $1,317,913
2018 $33,195 $2,939,129 $1,647,057 $1,292,072
2016 $16,101 $1,393,631 $597,659 $795,972
2015 $15,927 $1,372,698 $588,682 $784,016
2014 $15,586 $1,345,810 $577,151 $768,659
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316004062

Pasadena-Foothills Association of REALTORS®

APN: 5708-029-004