2265 Montecito Dr San Marino, CA 91108
3
Beds
3
Baths
2,368
Sq Ft
0.35
Acres
Highlights
- Outdoor Fireplace
- Wood Flooring
- Formal Dining Room
- Carver Elementary Rated A+
- No HOA
- Eat-In Kitchen
About This Home
As of September 2024Investment opportunity situated on a 15,000+ square foot lot in an absolutely fabulous San Marino neighborhood. Characterized by well-maintained properties at this location, this charming 1950s home is wonderfully situated along the north side of the lovely tree-lined Montecito Drive. Measured at 2,368 square feet, the opportune floor plan features a lovely foyer, and a spacious formal living room showcasing hardwood floors, a handsome fireplace, and fantastic natural light. The home contains three nicely sized bedrooms, three full bathrooms, and a large family room which opens out to a covered back porch/patio. A sizable kitchen with stainless steel appliances and a plethora of cabinetry, is adjoined by a nice formal dining room. A separate utility/laundry room adjacent to a side service entrance completes the floor plan. The expansive grounds currently contain an abundance of fruit trees, patio space, a storage shed, a 2-car garage, and a long driveway for additional parking (or useful underdeveloped space). The home features a newer roof and a convenient staircase to a California basement. Given a little TLC, this home, in this neighborhood, with the appeal and the details that already exists, has fantastic potential.
Last Agent to Sell the Property
Coldwell Banker Realty License #01929876 Listed on: 08/26/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,435
Year Built
- Built in 1950
Lot Details
- 0.35 Acre Lot
- South Facing Home
- Chain Link Fence
- Sprinkler System
Parking
- 2 Car Garage
- Parking Available
- Driveway
- On-Street Parking
Home Design
- Fixer Upper
- Raised Foundation
Interior Spaces
- 2,368 Sq Ft Home
- 1-Story Property
- Crown Molding
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Storage
- Laundry Room
- Wood Flooring
- Unfinished Basement
Kitchen
- Eat-In Kitchen
- Gas Oven
- Gas Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Concrete Porch or Patio
- Outdoor Fireplace
- Exterior Lighting
- Outdoor Storage
- Rain Gutters
Schools
- Huntington Middle School
- San Marino High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
- Natural Gas Connected
- Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 22
- Tax Tract Number 4642
- Assessor Parcel Number 5329022022
Community Details
Overview
- No Home Owners Association
- Lacy Park
Recreation
- Park
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2024
Closed on
Aug 29, 2024
Sold by
Family Trust Of Tu and Tu Laura M
Bought by
Cheng Raymond and Cheng Tina
Seller's Agent
Erik Larsen
Coldwell Banker Realty
Buyer's Agent
Cordelia Wong
Coldwell Banker Residential Brokerage
List Price
$2,450,000
Sold Price
$2,568,000
Premium/Discount to List
$118,000
4.82%
Views
5
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
$135,743
Avg. Annual Appreciation
4.26%
Original Mortgage
$1,700,000
Outstanding Balance
$1,680,479
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$991,421
Purchase Details
Closed on
Jun 20, 2000
Sold by
Tu Lawrence K L
Bought by
The Family Trust Of Tu
Similar Homes in the area
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,568,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | First American |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,700,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2024 09/17/24 | Sold | $2,568,000 | +4.8% | $1,084 / Sq Ft |
| 08/29/2024 08/29/24 | Pending | -- | -- | -- |
| 08/26/2024 08/26/24 | For Sale | $2,450,000 | -- | $1,035 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
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 | $13,435 | $2,568,000 | $2,308,100 | $259,900 |
| 2024 | $13,435 | $1,104,615 | $883,669 | $220,946 |
| 2023 | $13,170 | $1,082,957 | $866,343 | $216,614 |
| 2022 | $12,762 | $1,061,723 | $849,356 | $212,367 |
| 2021 | $12,544 | $1,040,905 | $832,702 | $208,203 |
| 2019 | $12,166 | $1,010,033 | $808,004 | $202,029 |
| 2018 | $11,845 | $990,229 | $792,161 | $198,068 |
| 2016 | $10,565 | $951,779 | $761,401 | $190,378 |
| 2015 | $10,413 | $937,484 | $749,965 | $187,519 |
| 2014 | $11,473 | $919,121 | $735,275 | $183,846 |
Source: Public Records
Agents Affiliated with this Home
-
Erik Larsen
Seller's Agent in 2024
Erik Larsen
Coldwell Banker Realty
(310) 562-3840
3 in this area
22 Total Sales
-
Cordelia Wong
C
Seller Co-Listing Agent in 2024
Cordelia Wong
Coldwell Banker Realty
(626) 487-0837
11 in this area
17 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-19008
APN: 5329-022-022
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