NOT LISTED FOR SALE

240 Palmetto Dr Pasadena, CA 91105

Lower Arroyo Neighborhood

Estimated Value: $1,187,000 - $1,429,000

3 Beds
2.5 Baths
1,937 Sq Ft
3,049 Sq Ft Lot Lot

Sale Details

Date Sold: February 25, 2021

Last sale price $1,100,000 $568 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $9,026 / mo

14 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Traditional Architecture
  • Primary Bedroom Suite
  • Updated Kitchen
  • 2-minute walk to Singer Park

About This Home

As of February 2021

Set in a lovely garden, this single level, ground floor condominium has no shared side walls allowing for abundant light. Extensively remodeled, this spacious unit really feels like a free standing home. A traditional entry opens to a generous living room with handsome fireplace and a gracious formal dining room all with hardwood floors. Beyond are the family room / library with custom shelving and adjacent patio and the striking gourmet kitchen with black granite counter tops and stainless appliances. The hallway leads past a lovely powder guest bath and a convenient laundry alcove to the attractive master suite with his and her closets and lovely master bath with dual sink Pullman and soapstone counters. There are two additional bedrooms (one currently used as an office) that share an updated bath. Features include: stylish glass doors for interior rooms, custom shutters on most windows, crown moldings and a functional floor plan. The beautifully landscaped grounds include a circular motor court and gated entry, a pool, a spa and lush central courtyard. There are two parking spaces and storage in the subterranean garage. Set back from busy Orange Grove Boulevard, The Atherton offers private, peaceful surroundings.

Last Agent to Sell the Property

Catherine Cheney

Coldwell Banker Realty License #01173415 Listed on: 01/19/2021

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 1 Common Wall
  • Cul-De-Sac
  • Landscaped
  • Garden

HOA Fees

  • $770 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,937 Sq Ft Home
  • Shutters
  • Sliding Doors
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Storage

Kitchen

  • Updated Kitchen
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 4637
  • Assessor Parcel Number 5713037029

Community Details

Overview

  • 24 Units
  • The Atherton HOA, Phone Number (626) 405-1476
  • Maintained Community

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1975 | Remodeled

Lot Details

3,049 Sq Ft Lot

HOA Fees

$770 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Not Applicable
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5713037029
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1937.00 Square Feet
  • Interior Amenities: Granite Counters, Storage
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 567.89
  • Room Type: Entry, Family Room, Kitchen, Living Room, Master Suite, Walk-In Closet
  • Spa Features: Association, In Ground
  • Window Features: Shutters
  • Bathroom Features: Double Sinks In Master Bath, Remodeled, Separate Tub And Shower, Shower In Tub, Stone Counters
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Patio And Porch Features: Concrete, Covered
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Range, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Earthquake Insurance, Maintenance Grounds, Pool, Spa/Hot Tub, Trash, Water
  • Association Fee: 770.00
  • Association Fee Frequency: Monthly
  • Association Name: The Atherton HOA
  • Phone: (626)405-1476
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Cul-De-Sac, Garden, Landscaped, Level
  • Lot Size Sq Ft: 3080.00
  • Lot Size Acres: 0.0700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3080.0000 Square Feet
  • Number Of Units In Community: 24

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 4637

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2005
Sold by
Bought by
Current Estimated Value
$1,310,528

Purchase Details

Closed on
Feb 19, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Outstanding Balance
$219,175
Interest Rate
3.68%
Mortgage Type
Negative Amortization
Estimated Equity
$1,091,353

Purchase Details

Closed on
Sep 9, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$740,000 First Southwestern Title
$475,000 First Southwestern Title Co
$315,000 North American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $555,000
Previous Owner $380,000
Previous Owner $180,000
Closed $71,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/25/2021 02/25/21 Sold $1,100,000 +9.2% $568 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $1,007,000 -- $520 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,870 $1,190,672 $911,622 $279,050
2024 $13,193 $1,167,327 $893,748 $273,579
2023 $13,082 $1,144,439 $876,224 $268,215
2022 $12,625 $1,122,000 $859,044 $262,956
2021 $1,966 $155,871 $77,208 $78,663
2020 $1,896 $154,274 $76,417 $77,857
2019 $1,897 $151,250 $74,919 $76,331
2018 $1,898 $148,285 $73,450 $74,835
2016 $1,804 $142,529 $70,599 $71,930
2015 $1,783 $140,389 $69,539 $70,850
2014 $1,755 $137,640 $68,177 $69,463
Source: Public Records

Agents Affiliated with this Home

  • Catherine Cheney

    Seller's Agent in 2021

    Catherine Cheney

    Coldwell Banker Realty

    (626) 233-2938

    9 in this area

    27 Total Sales

    Catherine Cheney
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-2956

Pasadena-Foothills Association of REALTORS®

APN: 5713-037-029

California Los Angeles County Pasadena 91105 Lower Arroyo

240 Palmetto Dr, Pasadena, CA

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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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