NOT LISTED FOR SALE

229 W Montecito Ave Sierra Madre, CA 91024

Estimated Value: $1,347,000 - $1,641,000

3 Beds
2 Baths
1,342 Sq Ft
$1,072/Sq Ft Est. Value

Last Sold April 07, 2015

Last sale price $730,000 $544 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $8,518/month

196 Days on Market

Highlights

  • Above Ground Pool
  • All Bedrooms Downstairs
  • Lawn
  • Sierra Madre Elementary School Rated A-
  • Wooded Lot
  • No HOA

About This Home

As of April 2015

PRICE REDUCED! R3 zoned! South facing on a quiet treelined street. This cozy home has central air, dual paned windows, original hardwood floors, raised foundation, newer roof, newer water heater, newer attic fan, newer insulation & airducts, and a gas starter fireplace. It is also earthquake retrofitted! Master bedroom has attached bathroom with Jack & Jill sinks. Both bathrooms and kitchen have tiled counters, tiled floors, and wood cabinets. Every bedroom, kitchen, dining area, and patio has a ceiling fan. It also includes an ***ADDITIONAL 18 ft X 18 ft (324 sq ft) enclosed patio*** that is surrounded by a large beautiful back yard that is perfect for entertainment. Walking distance to downtown Sierra Madre, Memorial Park, and Sierra Madre Elementary School.

Last Agent to Sell the Property

Gina Chen

Pinnacle Real Estate Group License #01400701 Listed on: 07/29/2014

Pinnacle Real Estate Group

Last Buyer's Agent

Gina Chen

Pinnacle Real Estate Group License #01400701 Listed on: 07/29/2014

Pinnacle Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,659

Year Built

  • Built in 1955

Lot Details

  • 9,009 Sq Ft Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Backyard Sprinklers
  • Wooded Lot
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Up Slope from Street

Interior Spaces

  • 1,342 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Above Ground Pool
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 5768010026

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,659

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Stove. washer/dryer+above ground pool
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5768010026
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1342.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Fireplace Features: Gas, Living Room
  • Levels: One
  • Price Per Square Foot: 543.96
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Pool Features: Above Ground
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard, Front Yard, Lawn, Rectangular Lot, Lot 6500-9999, Paved, Sprinklers In Rear, Sprinklers Timer, Sprinkler System, Treed Lot, Up Slope from Street, Walkstreet
  • Lot Size Sq Ft: 9009.00
  • Lot Size Acres: 0.2070

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9009.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2014
Closed on
Mar 23, 2015
Sold by
Cullen Carroll Anne
Bought by
Lin Andrew and Chang Huilin Celine
Seller's Agent
Gina Chen
Pinnacle Real Estate Group
Buyer's Agent
Gina Chen
Pinnacle Real Estate Group
List Price
$768,000
Sold Price
$730,000
Premium/Discount to List
-$38,000
-4.95%
Current Estimated Value
$1,439,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$709,026
Avg. Annual Appreciation
6.66%
Original Mortgage
$417,000
Outstanding Balance
$320,321
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$1,118,705

Purchase Details

Closed on
Jun 25, 2012
Sold by
Cullen Carroll Anne
Bought by
Cullen Carroll Anne and Cullen Carroll Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2006
Sold by
Cullen Carroll Michael E
Bought by
Cullen Carroll Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 28, 2002
Sold by
Crabtree Anne
Bought by
Crabtree Anne

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
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2002
Sold by
Crabtree Euel A
Bought by
Crabtree Anne

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
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2002
Sold by
Crabtree Anne
Bought by
Crabtree Anne

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
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 1998
Sold by
Kennedy John
Bought by
Kennedy John and Kennedy Dorothy D
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
Lin Andrew $730,000 Nations Title
Cullen Carroll Anne -- Fatcola
Cullen Carroll Anne -- Fatcola
Cullen Carroll Anne -- Ticor Title Co Of California
Cullen Carroll Anne -- Ticor Title Co Of California
Crabtree Anne -- Fidelity National Title Co
Crabtree Anne -- Fidelity National Title Co
Crabtree Anne -- --
Kennedy John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Andrew $417,000
Previous Owner Cullen Carroll Anne $388,000
Previous Owner Cullen Carroll Anne $300,000
Previous Owner Crabtree Anne $100,000
Previous Owner Crabtree Anne $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2015 04/07/15 Sold $730,000 +2.8% $544 / Sq Ft
02/10/2015 02/10/15 Pending -- -- --
01/28/2015 01/28/15 Price Changed $710,000 -5.3% $529 / Sq Ft
12/19/2014 12/19/14 Price Changed $750,000 -2.3% $559 / Sq Ft
07/29/2014 07/29/14 For Sale $768,000 -- $572 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,659 $927,179 $701,876 $225,303
2024 $10,659 $909,000 $688,114 $220,886
2023 $10,598 $891,177 $674,622 $216,555
2022 $10,235 $873,704 $661,395 $212,309
2021 $9,823 $856,574 $648,427 $208,147
2019 $9,457 $831,170 $629,196 $201,974
2018 $9,541 $814,873 $616,859 $198,014
2016 $8,705 $741,132 $592,906 $148,226
2015 $1,224 $91,585 $30,169 $61,416
2014 $1,209 $89,792 $29,579 $60,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14161598

California Regional Multiple Listing Service (CRMLS)

APN: 5768-010-026