NOT LISTED FOR SALE

225 S Lima St Sierra Madre, CA 91024

Estimated Value: $1,287,024 - $1,807,000

2 Beds
2 Baths
1,579 Sq Ft
$937/Sq Ft Est. Value

Last Sold November 26, 2014

Last sale price $2,480,000 $1,571 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $8,205/month

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Dual Staircase
  • Sierra Madre Elementary School Rated A-
  • 20,522 Sq Ft lot
  • Main Floor Bedroom

About This Home

As of November 2014

This magnificent 3 story Queen Anne Victorian was originally a Railroad Hotel built by renowned architects Samuel & Joseph Cather Newsom in 1888. In its current configuration, there are 8 bedroom suites & a loft that is 3000 sq. ft., some are currently rented & some are vacant. It is a Sierra Madre Historic Landmark, & receives the Mills Act Tax Relief. The City of Sierra Madre has granted a conditional use permit to operate the property as a Bed & Breakfast and a variance. It has been beautifully restored with a grand front porch, conservatory, parlor, library, formal dining, remodeled kitchens, & updated plumbing, wiring & new HVAC systems. This Grande Dame features spacious rooms, wide hallways & staircases, large windows filling the rooms with plenty of natural light, period wallpapers

Last Agent to Sell the Property

Meg Middleman

Century 21 Masters License #00914188 Listed on: 07/23/2014

Century 21 Masters

Last Buyer's Agent

PFNon-Member Default

ITECH MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,333

Year Built

  • Built in 1888 | Remodeled

Lot Details

  • 0.47 Acre Lot
  • Landscaped
  • Lawn
  • Back Yard

Property Views

  • City Lights
  • Mountain

Home Design

  • Victorian Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • Dual Staircase
  • Decorative Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Library
  • Center Hall
  • Dishwasher
  • Carpet
  • Basement

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • Parking Available
  • Side by Side Parking
  • Driveway

Utilities

  • Central Air
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5768006031

Community Details

Building Details

  • 5 Leased Units
  • Cable TV Expense $240
  • Electric Expense $525
  • Insurance Expense $269
  • Professional Management Expense $400
  • Trash Expense $131

Additional Features

  • Not Applicable 1007242 Subdivision
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,333

Year Built

Built in 1888 | Remodeled

Lot Details

0

Listing Details

  • Professional Management Expense: 400.00
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: SRR1-Pre-existi
  • Architectural Style: Victorian
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5768006031
  • Year Built: 1888
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases
  • Entry Location: Ground Level w/Steps
  • Flooring: Carpet
  • Appliances: Yes
  • Fireplace Features: Family Room, Living Room, Decorative
  • Levels: Three Or More
  • Room Type: Basement, Main Floor Bedroom, Master Suite, Library, Living Room, Center Hall

Exterior Features

  • Foundation: Raised
  • View: City Lights, Mountain(s)
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Side by Side, Driveway

Utilities

  • Laundry: Yes
  • Appliances: Tankless Water Heater, Water Heater, Dishwasher, Gas Water Heater
  • Laundry Features: Upper Level, Inside, Community
  • Trash Expense: 131.00
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Lawn, Landscaped
  • Lot Size Sq Ft: 20522.00

Multi Family

  • Cable TV Expense: 240.00
  • Electric Expense: 525.00
  • Insurance Expense: 269.00
  • Laundry Equipment Own Lease: Own
  • Number Of Units Leased: 5
  • Operating Expense: 2515.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2008
Sold by
Johnson Rita A
Bought by
Johnson Rita A and 2008 Rita A Johnson Revocable Trust
Current Estimated Value
$1,479,756

Purchase Details

Closed on
Dec 1, 1998
Sold by
Wight George A
Bought by
Johnson Rita A

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
Outstanding Balance
$22,347
Interest Rate
6.86%
Estimated Equity
$1,457,409
Source: Public Records

Range of Values:

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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
Johnson Rita A -- None Available
Johnson Rita A $290,000 Progressive Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Rita A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2014 11/26/14 Sold $2,480,000 0.0% $1,571 / Sq Ft
11/21/2014 11/21/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $2,480,000 -- $1,571 / 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 $5,333 $454,615 $297,854 $156,761
2024 $5,333 $445,702 $292,014 $153,688
2023 $5,298 $436,964 $286,289 $150,675
2022 $5,117 $428,397 $280,676 $147,721
2021 $4,909 $419,998 $275,173 $144,825
2019 $4,728 $407,542 $267,012 $140,530
2018 $4,751 $399,552 $261,777 $137,775
2016 $4,568 $384,039 $251,613 $132,426
2015 $4,497 $378,271 $247,834 $130,437
2014 $4,406 $370,862 $242,980 $127,882
Source: Public Records

Agents Affiliated with this Home

  • Meg Middleman

    Seller's Agent in 2014

    Meg Middleman

    Century 21 Masters

    (626) 788-8980

    2 in this area

    93 Total Sales

    Meg Middleman
    Section Image

  • P

    Buyer's Agent in 2014

    PFNon-Member Default

    ITECH MLS

See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-214028282

Pasadena-Foothills Association of REALTORS®

APN: 5768-036-017

California Los Angeles County Sierra Madre 91024

225 S Lima St, Sierra Madre, CA

This home is located at 225 S Lima St, Sierra Madre, CA 91024 since 23 July 2014 and is currently estimated at $1,479,756, approximately $937 per square foot. This property was built in 1888. 225 S Lima St is a home located in Los Angeles County with nearby schools including Sierra Madre Elementary School, Pasadena High School, and Bethany Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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