NOT LISTED FOR SALE

2040 Midlothian Dr Altadena, CA 91001

Estimated Value: $2,774,000 - $3,484,000

4 Beds
5 Baths
3,763 Sq Ft
$824/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $2,600,000 $691 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $20,035/month

10 Days on Market

Highlights

  • In Ground Pool
  • 0.84 Acre Lot
  • Wood Flooring
  • Pasadena High School Rated A
  • Mountain View
  • Hydromassage or Jetted Bathtub

About This Home

As of May 2021

Situated on arguably the most desirable street in Altadena w/ spectacular views of the San Gabriel mountains, this pool home on nearly an acre is ready for the new owners to continue the legacy that the 2 previous owners have created in this home. This private 3 bed, 4 bath house w/ over 3,000 s.f. in the main house & an addtl 1 bed, 1 bath guest house will provide the new owner years of memories hosting & entertaining guests. Upon entering the home, one is struck by the entry room which features hardwood floors, crown molding, easily created as a sitting area or entertaining space. A pocket door opens up to the dining room featuring a continuation of the hardwood floors, access to both the formal living room & kitchen. The connected living room features vaulted ceilings & a fireplace w/ a stone hearth as the focal point of this room. The living room opens to the sunroom featuring a vaulted beamed ceiling & Pella doors that showcase the stunning views of the backyard, pool & mountain views. The kitchen is highlighted by an eat-in peninsula, GE Monogram refrigerator, a double oven, & an electric JennAir cooktop. Just off the kitchen is the laundry room w/ a built-in sink & a quarter bath. Off the living room is the executive office that features a built-in library & a bay window. The front bedroom is abundant in size & has a large closet. Next to this bedroom is the 1st bathroom that has a jetted tub & shower. Down this hallway is a charming powder room. A 2nd bedroom features 2 closets as well as an attached full bath w/ a tile shower, a soaker tub & a sink. At the end of this wing is the 3rd bedroom that has windows that showcase the lush backyard & direct access to the upper garden. Accessed from the back patio at the pool level is the finished basement which is perfect for a workshop or butler's pantry. The yard is an entertainer's dream including a swimming pool, a sprinkler system, custom pavers & a stunning Oak tree w/ drop chandeliers providing a romantic ambiance. Additionally, the backyard also features fruit trees, a rose garden, as well as special topiary landscaping. There is the guest house which has a spacious bedroom, a 3/4 bath, a living room & a sunroom. The detached 3 car garage also has plenty of addtl space for storage. This tremendous property on Midlothian exudes serenity & the California indoor/ outdoor living at its finest! Don't miss out on the privilege of living here on this most desirable street within Altadena.

Last Agent to Sell the Property

Jason Berns

Keller Williams Realty License #01787757 Listed on: 04/30/2021

Keller Williams Realty

Co-Listed By

Mary Albee

Keller Williams Westlake Village License #01729320

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,561

Year Built

  • Built in 1927

Lot Details

  • 0.84 Acre Lot
  • West Facing Home
  • Garden
  • Back and Front Yard

Parking

  • 3 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Driveway

Interior Spaces

  • 3,763 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Bay Window
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library
  • Storage
  • Laundry Room
  • Mountain Views
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Cooktop

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Additional Features

  • In Ground Pool
  • Suburban Location

Listing and Financial Details

  • Tax Lot 154
  • Tax Tract Number 2123
  • Assessor Parcel Number 5854002024

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,561

Year Built

Built in 1927

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5854002024
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3763.00 Square Feet
  • Interior Amenities: Crown Molding, High Ceilings, Recessed Lighting, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Gas, Living Room
  • Levels: One
  • Price Per Square Foot: 690.94
  • Room Type: Basement, Entry, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Office, Walk-In Closet
  • Window Features: Bay Window(s)
  • Bathroom Features: Jetted Tub, Low Flow Toilet(s), Separate Tub And Shower, Soaking Tub, Stone Counters
  • Basement: Finished

Exterior Features

  • Direction Faces: West
  • View: Mountain(s)
  • Pool Features: In Ground
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Electric Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 36764.00
  • Lot Size Acres: 0.8400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 36764.0000 Square Feet

Tax Info

  • Tax Lot: 154
  • Tax Tract Number: 2123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
May 10, 2021
Sold by
Albee Arden L
Bought by
Monda Keith and Monda Beth
Seller's Agent
Jason Berns
Keller Williams Realty
List Price
$2,249,000
Sold Price
$2,600,000
Premium/Discount to List
$351,000
15.61%
Total Days on Market
10
Current Estimated Value
$3,100,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,681
Avg. Annual Appreciation
4.48%

Purchase Details

Closed on
May 3, 2001
Sold by
Albee Arden L and Albee Charleen E
Bought by
Albee Arden L and Albee Charleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.89%

Purchase Details

Closed on
Dec 27, 1995
Sold by
Albee Arden L and Albee Charleen
Bought by
Albee Arden L and Albee Charleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,500
Interest Rate
7.36%
Source: Public Records

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Range of Values:

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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
Monda Keith $2,630,000 Lawyers Title
Albee Arden L -- American Coast Title
Albee Arden L -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Albee Arden L $900,000
Previous Owner Albee Arden L $500,000
Previous Owner Albee Arden L $92,000
Previous Owner Albee Arden L $100,000
Previous Owner Albee Arden L $111,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $2,600,000 +15.6% $691 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $2,249,000 -- $598 / 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
2024 $31,561 $2,790,976 $2,232,781 $558,195
2023 $31,300 $2,736,251 $2,189,001 $547,250
2022 $30,206 $2,682,600 $2,146,080 $536,520
2021 $2,818 $196,164 $75,627 $120,537
2020 $2,728 $194,154 $74,852 $119,302
2019 $2,727 $190,348 $73,385 $116,963
2018 $2,589 $186,617 $71,947 $114,670
2016 $2,476 $179,372 $69,154 $110,218
2015 $2,450 $176,679 $68,116 $108,563
2014 $2,428 $173,219 $66,782 $106,437
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-4497

Pasadena-Foothills Association of REALTORS®

APN: 5854-002-024