NOT LISTED FOR SALE

2054 N Madison Ave Altadena, CA 91001

Estimated Value: $559,000 - $1,396,000

3 Beds
2 Baths
1,578 Sq Ft
$597/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $825,000 $523 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,851/month

Highlights

  • Mountain View
  • Wood Flooring
  • Laundry Room
  • John Muir High School Rated A-
  • Spanish Architecture
  • Forced Air Heating and Cooling System

About This Home

As of May 2019

Two homes on a lot! 2 bedroom 1 bath plus 1 bedroom 1 bath (each with private garage). Spanish revival bungalow tucked away on a leafy Altadena street is charming with gleaming hardwood floors, living room fireplace, draped arch doorways, formal dining room, original bath built-ins and tile, plus a stylishly remodeled kitchen. Completing this casual cozy nest is an outdoor dining patio, sweet vegetable garden and reader's retreat. A back house needs TLC and is ready for your updates and has awesome income potential. Property offers plenty of parking with each unit boasting its own garage. Garden nooks, patio and barbecue area offer outdoor private spaces for each unit. Front house has newer copper plumbing and electrical updates. Near Historic Christmas Tree Lane. Not to be missed!.

Last Agent to Sell the Property

Teresa Fuller

COMPASS License #01315387 Listed on: 04/27/2019

COMPASS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,466

Year Built

  • Built in 1931 | Remodeled

Lot Details

  • 5,798 Sq Ft Lot
  • No Common Walls
  • West Facing Home

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture
  • Bungalow
  • Fixer Upper
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Living Room with Fireplace
  • Mountain Views

Flooring

  • Wood
  • Carpet

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5839029012

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,466

Year Built

Built in 1931 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: LCR175
  • Architectural Style: Bungalow, Spanish
  • Property Condition: Fixer, Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5839029012
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Partial
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Fireplace Features: Decorative, Living Room, Wood Burning
  • Levels: One

Exterior Features

  • Direction Faces: West
  • View: Mountain(s)
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Kitchen
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5798.00
  • Lot Size Acres: 0.1300

Multi Family

  • Average1 Bed Area: 545 Square Feet
  • Average2 Bed Area: 1040 Square Feet
  • Lot Size Area: 5798.0000 Square Feet
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2019
Closed on
May 14, 2019
Sold by
Walker Curtis S and Walker Jacqueline
Bought by
Gariepy Rachel and Mayo John
Seller's Agent
Teresa Fuller
COMPASS
List Price
$749,000
Sold Price
$825,000
Premium/Discount to List
$76,000
10.15%
Current Estimated Value
$942,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,749
Avg. Annual Appreciation
2.55%
Original Mortgage
$701,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2000
Sold by
Walker Curtis S
Bought by
Walker Curtis S and Walker Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
8.81%

Purchase Details

Closed on
Feb 28, 1997
Sold by
Walker Jacqueline Y
Bought by
Walker Curtis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
10.25%
Source: Public Records

Range of Values:

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Average Value
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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
Gariepy Rachel $825,000 North American Title Company
Walker Curtis S -- First Southwestern Title Co
Walker Curtis W -- Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gariepy Rachel $693,830
Closed Gariepy Rachel $697,620
Closed Gariepy Rachel $701,250
Previous Owner Walker Curtis S $266,000
Previous Owner Walker Curtis S $215,000
Previous Owner Walker Curtis S $175,000
Previous Owner Walker Curtis S $141,600
Previous Owner Walker Curtis W $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $825,000 +10.1% $523 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
04/27/2019 04/27/19 For Sale $749,000 -- $475 / 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 $10,466 $920,300 $699,317 $220,983
2024 $10,466 $902,255 $685,605 $216,650
2023 $10,374 $884,564 $672,162 $212,402
2022 $10,013 $867,221 $658,983 $208,238
2021 $9,558 $850,217 $646,062 $204,155
2019 $8,622 $45,516 $10,078 $35,438
2018 $943 $44,625 $9,881 $34,744
2016 $902 $42,895 $9,499 $33,396
2015 $892 $42,252 $9,357 $32,895
2014 $890 $41,425 $9,174 $32,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819001929

Pasadena-Foothills Association of REALTORS®

APN: 5839-029-012