NOT LISTED FOR SALE

241 W Montecito Ave Sierra Madre, CA 91024

Estimated Value: $1,500,000 - $1,804,000

3 Beds
2 Baths
1,993 Sq Ft
$813/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $979,500 $491 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $9,651/month

22 Days on Market

Highlights

  • Peek-A-Boo Views
  • No HOA
  • Forced Air Heating System
  • Sierra Madre Elementary School Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

As of February 2018

This beautiful extensively remodeled home located near the foothills of Sierra Madre is filled with an abundance of beautiful arched doorways and windows which offers a plentiful source of natural light throughout the home. The large living room is charmed by original bookshelves and leads you into the formal dining room with recessed lighting. The kitchen offers new appliances and a breakfast area. There is also a cozy front room that can be used as an office or sunroom and a lovely front porch to relax after a long day. The laundry room has a brand new washer/dryer and a counter with shelves for storage. The large backyard offers an area to plant your own vegetable garden and enjoy the view of the lovely mountains. Also, close to shops, restaurants and coffee shops.

Last Agent to Sell the Property

Joy Cross

RE/MAX MASTERS REALTY License #00915798 Listed on: 12/13/2017

RE/MAX MASTERS REALTY

Last Buyer's Agent

Michelle Wilson

FERNANDO FIGUEREDO, BROKER License #01775610

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,738

Year Built

  • Built in 1931

Lot Details

  • 0.3 Acre Lot
  • Property is zoned SRR3CC*

Parking

  • 1 Car Garage

Interior Spaces

  • 1,993 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Peek-A-Boo Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 5768010036

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,738

Year Built

Built in 1931

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: SRR3CC*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5768010036
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1993.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 491.47
  • Room Type: Living Room

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13234.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4305.02
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2017
Closed on
Jan 10, 2018
Sold by
Robinson Cheryl Ann
Bought by
Shi Xiao Jiong Harry and Cheung Catherine Kit Wah
Seller's Agent
Joy Cross
RE/MAX MASTERS REALTY
Buyer's Agent
Michelle Wilson
FERNANDO FIGUEREDO, BROKER
List Price
$998,900
Sold Price
$979,500
Premium/Discount to List
-$19,400
-1.94%
Current Estimated Value
$1,620,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$640,537
Avg. Annual Appreciation
6.82%
Original Mortgage
$734,625
Outstanding Balance
$618,824
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,001,213

Purchase Details

Closed on
Nov 16, 2017
Sold by
Osti Yvonne V
Bought by
Osti Yvonne Virginia and The Yvonne Virginia Osti Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$734,625
Outstanding Balance
$618,824
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,001,213
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
Shi Xiao Jiong Harry $979,500 Orange Coast Title Company
Osti Yvonne Virginia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shi Xiao Jiong Harry $734,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2018 08/16/18 Rented $3,800 -2.6% --
08/01/2018 08/01/18 Price Changed $3,900 -4.9% $2 / Sq Ft
05/15/2018 05/15/18 For Rent $4,100 0.0% --
02/23/2018 02/23/18 Sold $979,500 -1.9% $491 / Sq Ft
01/04/2018 01/04/18 Pending -- -- --
12/13/2017 12/13/17 For Sale $998,900 -- $501 / 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 $12,738 $1,114,498 $891,601 $222,897
2024 $12,738 $1,092,646 $874,119 $218,527
2023 $12,665 $1,071,223 $856,980 $214,243
2022 $12,230 $1,050,220 $840,177 $210,043
2021 $11,737 $1,029,628 $823,703 $205,925
2019 $11,297 $999,090 $799,272 $199,818
2018 $11,443 $979,500 $587,700 $391,800
2017 $75 $73,257 $43,703 $29,554
2016 $1,051 $71,822 $42,847 $28,975
2015 $1,034 $70,744 $42,204 $28,540
2014 $1,026 $69,359 $41,378 $27,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17274275

California Regional Multiple Listing Service (CRMLS)

APN: 5768-010-036