Seller's Agent in 2023
John Fredrickson
Sotheby's International Realty
(626) 688-9890
5 in this area
34 Total Sales
2235 Mar Vista Ave Altadena, CA 91001
Estimated Value: $1,215,000 - $2,677,734
6
Beds
3
Baths
3,900
Sq Ft
$470/Sq Ft
Est. Value
Highlights
- 0.5 Acre Lot
- Mountain View
- No HOA
- Pasadena High School Rated A
- Main Floor Bedroom
- Balcony
About This Home
As of April 2023A beautiful and rare 2 -parcel property located in the Country Club Area of Altadena. This unique property is full of potential for several different directions, the possibilities abound. The property is composed of 2 legal lots (each having their own parcel number) and currently the property views as one lot; however, the first lot measuring approximately 50 x 180 could be developed with a new home, leaving the second lot to be maintained with the estate offering approximately 12,000 sq. feet. or, keep the grounds as one, renovating the existing grand Colonial home, and create a family compound by building a second home.
Being available for the first time in over 50 years, the estate is situated on over a 22,000 sq. foot lot and features 5 bedrooms and 3 baths with formal living and dining rooms and a magnificently bright family room that stretches across the back of the home with views of the encompassing grounds. Additionally, there is a ground floor apartment style suite that offers a small living room, private bedroom and handicap bathroom with its own outside entrance. Hardwood floors, wood burning fireplace, architectural built-ins, and staircase with sweeping banister around the upstairs landing are just a smattering of the loveliness that characterizes this old, grand estate.
Last Agent to Sell the Property
Sotheby's International Realty License #00853111 Listed on: 03/21/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,355
Year Built
- Built in 1914
Lot Details
- 0.5 Acre Lot
- Level Lot
- Density is 6-10 Units/Acre
- 5847004021
- Property is zoned LCR17500*
Parking
- 2 Car Garage
Home Design
- Cosmetic Repairs Needed
- Major Repairs Completed
- Fixer Upper
Interior Spaces
- 3,900 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Utility Room
- Laundry Room
- Mountain Views
- Basement
Bedrooms and Bathrooms
- 6 Bedrooms | 1 Main Level Bedroom
- 3 Full Bathrooms
Outdoor Features
- Balcony
Utilities
- Cooling System Mounted To A Wall/Window
- Central Air
- Sewer Paid
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 25012
- Assessor Parcel Number 5847004020
- $987 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2023
Closed on
Mar 29, 2023
Sold by
George & Maurine Georgiades Family Trust and White Rebecca
Bought by
2235 Mar Vista Avenue Llc
Seller's Agent
John Fredrickson
Sotheby's International Realty
Buyer's Agent
Mike Kobeissi
Kobeissi Properties
List Price
$2,700,000
Sold Price
$2,600,000
Premium/Discount to List
-$100,000
-3.7%
Views
41
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$767,422
Avg. Annual Appreciation
-8.81%
Original Mortgage
$2,600,000
Outstanding Balance
$2,529,142
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
-$441,564
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 2235 Mar Vista Avenue Llc | $2,000,000 | Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 2235 Mar Vista Avenue Llc | $2,600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/12/2023 04/12/23 | Sold | $2,600,000 | -3.7% | $667 / Sq Ft |
| 03/28/2023 03/28/23 | Pending | -- | -- | -- |
| 03/21/2023 03/21/23 | For Sale | $2,700,000 | -- | $692 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $23,355 | $859,864 | $859,864 | -- |
| 2024 | $23,355 | $2,040,000 | $1,296,930 | $743,070 |
| 2023 | $31,192 | $2,725,000 | $1,650,000 | $1,075,000 |
| 2022 | $2,071 | $106,441 | $33,465 | $72,976 |
| 2021 | $1,793 | $104,355 | $32,809 | $71,546 |
| 2019 | $1,738 | $101,262 | $31,837 | $69,425 |
| 2018 | $1,668 | $99,277 | $31,213 | $68,064 |
| 2016 | $1,565 | $95,423 | $30,001 | $65,422 |
| 2015 | $1,549 | $93,991 | $29,551 | $64,440 |
| 2014 | $1,537 | $92,151 | $28,973 | $63,178 |
Source: Public Records
Agents Affiliated with this Home
-
John Fredrickson
-
Mike Kobeissi
Buyer's Agent in 2023
Mike Kobeissi
Kobeissi Properties
(818) 949-7575
1 in this area
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF23039582
APN: 5847-004-020
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