NOT LISTED FOR SALE

2266 Raymond Ln Altadena, CA 91001

Estimated Value: $669,000 - $1,415,000

5 Beds
3 Baths
2,081 Sq Ft
$540/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $1,150,000 $553 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,068/month

23 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Laundry Room
  • John Muir High School Rated A-
  • Front Porch
  • 2 Attached Carport Spaces

About This Home

As of May 2022

Built in 1886, this duplex is believed to be Altadena's second oldest home. Original details include soaring 11 foot ceilings, handcrafted windows, moldings, chair rail and built-ins. The main unit is comprised of 3 bedrooms, a spacious living room, elegant formal dining room and large kitchen including some recent updates. A seamless blend, maintaining the structure's old world charm and providing modern convenience. Generous closet space and storage throughout. Upgrades include central HVAC, bolted foundation and some electrical/plumbing updates. Upper unit is a bright and cheery 2 bedroom, 1 bath drenched in natural light, offering beautiful mountain views. Both units have a separate and secluded entrance allowing for privacy. Beautiful and lush yard with mature trees and tall privacy hedges. Two-car tandem carport and detached single car garage. Both units are separately metered for gas and electric. This property offers flexibility for income purchasers or buyer users with extended. Highly desired neighborhood tucked away near the historic Mountain View Cemetery and Mausoleum, bird sanctuary and outdoor recreation.

Last Agent to Sell the Property

Elie Samaha

Premier Agent Network Inc. License #02168672 Listed on: 03/11/2022

Premier Agent Network Inc.

Last Buyer's Agent

Elie Samaha

Premier Agent Network Inc. License #02168672 Listed on: 03/11/2022

Premier Agent Network Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,939

Year Built

  • Built in 1886

Lot Details

  • 4,661 Sq Ft Lot
  • Lot Dimensions are 88x53

Parking

  • 1 Car Detached Garage
  • 2 Attached Carport Spaces

Home Design

  • Duplex

Interior Spaces

  • 2,081 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5835-024-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,939

Year Built

Built in 1886

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Built in 1886, this duplex is believed to be Altadena's second oldest home. Original details include soaring 11 foot ceilings, handcrafted windows, moldings, chair rail and built-ins. The main unit is comprised of 3 bedrooms, a spacious living room, elegant formal dining room and large kitchen including some recent updates. A seamless blend, maintaining the structure's old world charm and providing modern convenience. Generous closet space and storage throughout. Upgrades include central HVAC, bolted foundation and some electrical/plumbing updates. Upper unit is a bright and cheery 2 bedroom, 1 bath drenched in natural light, offering beautiful mountain views. Both units have a separate and secluded entrance allowing for privacy. Beautiful and lush yard with mature trees and tall privacy hedges. Two-car tandem carport and detached single car garage. Both units are separately metered for
  • Living Area: 2081
  • Lot Acreage: 0.1070
  • Lot Dimensions: 88x53
  • Probate: No
  • Stories: 2
  • Year Built: 1886
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Wood, Carpet
  • Appliances: Gas, Range, Oven
  • Bedrooms: 5
  • Laundry: In Kitchen, Laundry Area
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 567.04

Exterior Features

  • Other Structures: None
  • Patio: Porch - Front

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 1
  • Covered Parking: 3
  • Parking Garage: Garage - 1 Car, Carport Attached, Detached
  • Total Parking: 3

Utilities

  • Cooling: Central, Window Unit(s)
  • Heating: Central, Wall
  • Water Expense: 1200.00

Lot Info

  • Assessed Improvement Percent: 36.36
  • Assessed Improvement Value: 60173
  • Assessed Land Percent: 63.64
  • Assessed Land Value: 105315
  • Total Assessed Value: 165488
  • Assessor Parcel Number: 5835-024-008
  • Lot Size Area: 4661

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 20.00
  • Number Of Units: 2
  • Type Of Units: Duplex

Tax Info

  • Tax Expense: 11167.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2010
Sold by
Baietti Michael Lawrence
Bought by
Baietti Michael Lawrence and Baietti Michael Lawrence
Current Estimated Value
$1,122,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$182,087
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$940,745

Purchase Details

Closed on
Jun 18, 2003
Sold by
Baietti Michael L
Bought by
Baietti Michael Lawrence and Baietti Michael Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2001
Sold by
Baietti Michael Lawrence
Bought by
Baietti Michael Lawrence and The Michael Lawrence Baietti L

Purchase Details

Closed on
Oct 26, 2001
Sold by
Baietti Michael Lawrence and Baietti Michael Lawrence
Bought by
Baietti Michael Lawrence

Purchase Details

Closed on
Dec 20, 2000
Sold by
Baietti Michael L and Baietti Michael Lawrence
Bought by
Baietti Michael Lawrence and Baietti Michael Lawrence

Purchase Details

Closed on
Jun 11, 1996
Sold by
Bankers Trust Company
Bought by
Baietti Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,400
Interest Rate
6.2%

Purchase Details

Closed on
Nov 16, 1995
Sold by
Krell Jerry and Krell Arlene Fay
Bought by
Bankers Trust Company

Purchase Details

Closed on
Dec 14, 1994
Sold by
Krell Jerry and Krell Arlene Fay
Bought by
Krell Jerry and Krell Arlene Fay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
9.1%
Source: Public Records

Range of Values:

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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
Baietti Michael Lawrence -- Fidelity National Title
Baietti Michael Lawrence -- Fidelity National Title
Baietti Michael Lawrence -- Fidelity
Baietti Michael L -- Fidelity
Baietti Michael Lawrence -- --
Baietti Michael Lawrence -- North American Title Co
Baietti Michael Lawrence -- --
Baietti Michael L $110,000 First Southwestern Title Co
Bankers Trust Company $166,576 Stewart Title
Krell Jerry -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baietti Michael Lawrence $275,000
Closed Baietti Michael L $227,500
Closed Baietti Michael L $93,400
Previous Owner Krell Jerry $148,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2022 05/05/22 Sold $1,150,000 -2.5% $553 / Sq Ft
04/03/2022 04/03/22 Pending -- -- --
03/31/2022 03/31/22 Price Changed $1,180,000 -1.7% $567 / Sq Ft
03/11/2022 03/11/22 For Sale $1,200,000 -- $577 / Sq Ft
Source: The MLS

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 $13,939 $1,220,388 $742,845 $477,543
2024 $13,939 $1,196,460 $728,280 $468,180
2023 $13,652 $1,173,000 $714,000 $459,000
2022 $11,542 $1,000,000 $600,000 $400,000
2021 $2,271 $165,488 $105,315 $60,173
2019 $2,189 $160,582 $102,193 $58,389
2018 $2,196 $157,435 $100,190 $57,245
2016 $2,088 $151,323 $96,300 $55,023
2015 $2,069 $149,051 $94,854 $54,197
2014 $2,046 $146,132 $92,996 $53,136
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Elie Samaha

    Premier Agent Network Inc.

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Map

Source: The MLS

MLS Number: 22-135319

The MLS

APN: 5835-024-008

California Los Angeles County Altadena 91001

2266 Raymond Ln, Altadena, CA

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