$680,000
SOLD SEP 1, 2015

2465 Lincoln Ave Altadena, CA 91001

7 Beds
5 Baths
-- Sq Ft
9,615 Sq Ft Lot

Recently Sold

2% Below List Price

36 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Stacked Washer and Dryer
  • John Muir High School Rated A-
  • Central Heating

About This Home

As of September 2015

All interior photos are of owner's unit. Nice 3-unit complex on Lincoln near the heart of improving community, with Walmart and Food King nearby. Rents are lower than they can be. There are two -2-br units and one 3-br unit. Call for showing of owner's unit with 4 hour notice.

Last Agent to Sell the Property

Dominic deFazio

COMPASS License #00821216 Listed on: 07/26/2015

COMPASS

Co-Listed By

Hem-young deFazio

COMPASS License #00975285

Last Buyer's Agent

Jerry Baker

Coldwell Banker Dynasty T.C. License #00778176

Coldwell Banker Dynasty T.C.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,324

Year Built

  • Built in 1949

Parking

  • 6 Parking Spaces

Home Design

  • Property Attached
  • Frame Construction
  • Stucco

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • 9,615 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5828026004

Community Details

Overview

  • 5 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,324

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Inclusions: all property owned by seller and used in furnishing or maintaining property. List to be provided in escrow.
  • Property Attached: Yes
  • View: No
  • Zoning: LCR2YY
  • Property Type: Residential Income
  • Parcel Number: 5828026004
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Wood
  • Levels: One, Two
  • Price Per Square Foot: 188.50

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Stackable

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9615.00
  • Lot Size Acres: 0.2207

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 9615.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 5
  • Number With Carpet: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2018
Sold by
Cressey Holdings Llc
Bought by
Miller Alexander Mosich
Total Days on Market
36
Current Estimated Value
$1,575,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,008,000
Interest Rate
4.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 13, 2018
Sold by
Cressey Kevin John and Yeh Debbie Li Yin
Bought by
Cressey Holdings Llc

Purchase Details

Listed on
Jul 26, 2015
Closed on
Aug 10, 2015
Sold by
Mcmullins Tyrone Lamar
Bought by
Cressey Kevin J and Yeh Debbie Li Yin
Seller's Agent
Dominic deFazio
COMPASS
Buyer's Agent
Jerry Baker
Coldwell Banker Dynasty T.C.
List Price
$695,000
Sold Price
$680,000
Premium/Discount to List
-$15,000
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Original Mortgage
$514,125
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 1998
Sold by
Miller Joseph G and Miller Anita
Bought by
Mcmullins Tyrone Lamar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7.11%
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 Type Sale Price Title Company
Grant Deed $1,060,000 Lawyers Title
Quit Claim Deed -- None Available
Grant Deed $680,000 Lawyers Title
Grant Deed $149,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $840,000 New Conventional
Closed $1,008,000 Stand Alone First
Previous Owner $612,500 New Conventional
Previous Owner $514,125 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $560,000 Unknown
Previous Owner $46,150 Credit Line Revolving
Previous Owner $47,000 Unknown
Previous Owner $213,750 Unknown
Previous Owner $129,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Rented $1,895 0.0% --
04/19/2023 04/19/23 Under Contract -- -- --
03/14/2023 03/14/23 For Rent $1,895 0.0% --
10/09/2021 10/09/21 Rented $1,895 0.0% --
10/04/2021 10/04/21 Under Contract -- -- --
03/16/2021 03/16/21 For Rent $1,895 0.0% --
09/01/2015 09/01/15 Sold $680,000 -2.2% --
08/31/2015 08/31/15 Pending -- -- --
07/26/2015 07/26/15 For Sale $695,000 -- --
Source: Pasadena-Foothills Association of REALTORS®

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
2024 $14,324 $1,159,262 $732,741 $426,521
2023 $14,202 $1,136,532 $718,374 $418,158
2022 $13,768 $1,114,248 $704,289 $409,959
2021 $13,049 $1,092,401 $690,480 $401,921
2020 $12,553 $1,081,840 $683,400 $398,440
2019 $12,575 $1,060,640 $670,000 $390,640
2018 $9,021 $708,112 $447,372 $260,740
2016 $8,686 $680,000 $430,000 $250,000
2015 $4,934 $344,083 $106,276 $237,807
2014 $4,869 $337,344 $104,195 $233,149
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315007538

Pasadena-Foothills Association of REALTORS®

APN: 5828-026-004