NOT LISTED FOR SALE

2040 Madison Ave Altadena, CA 91001

Estimated Value: $767,000 - $1,852,000

3 Beds
2 Baths
1,622 Sq Ft
$799/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $1,600,000 $986 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $8,350/month

13 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • Attic
  • Primary Bedroom Suite
  • Spanish Architecture
  • Quartz Countertops

About This Home

As of April 2022

Graceful arches and the calming sounds of a perfectly situated fountain invite you inside the gates of this private modern Spanish style oasis. Interior is light and bright with front entry skylight and soaring ceilings in the expansive open plan kitchen, dining, living spaces. A wall of glass doors opens to the fabulous backyard, offering the best of Southern California lifestyle. This home is an entertainer's dream: chat with friends at the kitchen island while enjoying views of the lush backyard and sparkling pool. Elegant upgrades are everywhere including the recently renovated kitchen and primary bath, offering Graff and Kohler fixtures. Primary bedroom features charming leaded glass clerestory window juxtaposed with east facing updated glass double doors with direct access to the full size pool and spa. Two additional bedrooms and updated bath feel spacious, fresh and bathed in natural light, with dual pane windows and skylight. Both quiet front courtyard and sizable back yard feel private and boast prolific citrus and avocado trees (delicious, per Sellers!) plus fragrant trumpet flowers. Large garage with an attic office space is ready to become an ADU. Yard offers plenty of room to run and splash and play. This special Altadena home is an easy distance from Mariposa Village restaurants and shops, Altadena library, parks, hiking and Christmas Tree Lane.

Last Agent to Sell the Property

Teresa Fuller

COMPASS License #01315387 Listed on: 02/19/2022

COMPASS

Last Buyer's Agent

Brody Davis

Carolwood Estates License #02099471

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 7,884 Sq Ft Lot
  • Wood Fence
  • Stucco Fence
  • Front and Back Yard Sprinklers
  • Back and Front Yard

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Woods
  • Neighborhood

Home Design

  • Spanish Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,622 Sq Ft Home
  • Built-In Features
  • Recessed Lighting
  • Double Pane Windows
  • Combination Dining and Living Room
  • Attic

Kitchen

  • Gas Range
  • Dishwasher
  • Quartz Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2425
  • Assessor Parcel Number 5839029015

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5839029015
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1622.00 Square Feet
  • Interior Amenities: Built-in Features, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Living Room
  • Levels: One
  • Price Per Square Foot: 769.42
  • Room Type: Attic, Kitchen, Living Room, Master Bedroom, Master Suite
  • Window Features: Double Pane Windows
  • Bathroom Features: Double Sinks In Master Bath, Exhaust Fan(s), Shower
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: No
  • View: Neighborhood, Trees/Woods
  • Fence: Yes
  • Fencing: Stucco Wall, Wood
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Shingle
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 7884.00
  • Lot Size Acres: 0.1810

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7884.0000 Square Feet

Tax Info

  • Tax Lot: 2425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2024
Sold by
Marder Samuel David and Marder Alanna Brooke
Bought by
Samuel And Alanna Marder Family Trust and Marder
Current Estimated Value
$1,296,419

Purchase Details

Listed on
Feb 19, 2022
Closed on
Mar 8, 2022
Sold by
Cecilia Ramos Maria and Cecilia Kyle
Bought by
Marder Samuel and Marder Alanna
Seller's Agent
Teresa Fuller
COMPASS
Buyer's Agent
Brody Davis
Carolwood Estates
List Price
$1,248,000
Sold Price
$1,600,000
Premium/Discount to List
$352,000
28.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.44%
Original Mortgage
$1,280,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 22, 2019
Closed on
Dec 3, 2019
Sold by
Best Deal Properties Llc
Bought by
Ramos Maria Cecilia and Cruz Kyle De La
Seller's Agent
Ron Tanzman
Rodeo Realty
List Price
$929,900
Sold Price
$965,000
Premium/Discount to List
$35,100
3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.71%
Original Mortgage
$772,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 22, 2019
Closed on
Nov 26, 2019
Sold by
Hunter Douglas M and Hunter Tracey E Rabin
Bought by
Best Deal Properties Llc
Seller's Agent
Ron Tanzman
Rodeo Realty
List Price
$929,900
Sold Price
$965,000
Premium/Discount to List
$35,100
3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2019
Closed on
Jul 17, 2019
Sold by
Yeany Ellen
Bought by
Hunter Douglas M and Hunter Tracey E Rabin
Seller's Agent
Marlene Evans
Coldwell Banker Realty
Buyer's Agent
Umar Chatha
REALTY MASTERS & ASSOCIATES
List Price
$639,000
Sold Price
$635,000
Premium/Discount to List
-$4,000
-0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
230.59%
Original Mortgage
$476,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2000
Sold by
Lenahan Gregg T
Bought by
Yeany Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,781
Interest Rate
8.16%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 1, 1999
Sold by
Lenahan Mary K
Bought by
Lenahan Gregg Thomas
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
Samuel And Alanna Marder Family Trust -- None Listed On Document
Samuel And Alanna Marder Family Trust -- None Listed On Document
Marder Samuel $1,600,000 Pacific Coast Title
Ramos Maria Cecilia $965,000 Chicago Title Company
Best Deal Properties Llc -- Chicago Title
Hunter Douglas M $635,000 Chicago Title Company
Yeany Ellen $242,000 Old Republic Title Company
Lenahan Gregg Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marder Samuel $1,280,000
Previous Owner Ramos Maria Cecilia $772,000
Previous Owner Hunter Douglas M $476,250
Previous Owner Yeany Ellen $226,781
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/04/2022 04/04/22 Sold $1,600,000 +28.2% $986 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/19/2022 02/19/22 For Sale $1,248,000 +29.3% $769 / Sq Ft
12/19/2019 12/19/19 Sold $965,000 +3.8% $596 / Sq Ft View Prior Sale
12/01/2019 12/01/19 Pending -- -- --
11/22/2019 11/22/19 For Sale $929,900 +46.4% $574 / Sq Ft
08/15/2019 08/15/19 Sold $635,000 -0.6% $392 / Sq Ft View Prior Sale
06/02/2019 06/02/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $639,000 -- $394 / 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 $18,850 $1,697,932 $1,103,656 $594,276
2024 $18,850 $1,664,640 $1,082,016 $582,624
2023 $18,767 $1,632,000 $1,060,800 $571,200
2022 $11,435 $994,495 $602,881 $391,614
2021 $10,892 $974,996 $591,060 $383,936
2019 $4,013 $326,743 $188,294 $138,449
2018 $4,037 $320,337 $184,602 $135,735
2016 $3,902 $307,900 $177,435 $130,465
2015 $3,860 $303,276 $174,770 $128,506
2014 $3,791 $297,336 $171,347 $125,989
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-8354

Pasadena-Foothills Association of REALTORS®

APN: 5839-029-015