NOT LISTED FOR SALE

2533 Lincoln Ave Altadena, CA 91001

Estimated Value: $987,000 - $1,101,000

5 Beds
2 Baths
2,127 Sq Ft
$493/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $1,057,000 $497 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,029/month

12 Days on Market

Highlights

  • Family Room with Fireplace
  • Shed
  • 1-Story Property
  • John Muir High School Rated A-
  • Central Heating

About This Home

As of February 2024

Charming duplex in Altadena features two one-story houses on a large lot.

Last Agent to Sell the Property

James Risolo

Compass License #02139126 Listed on: 01/09/2024

Compass

Co-Listed By

Barry Gray

Compass License #01358622

Last Buyer's Agent

JOE GALVAN

1st Interstate Realtors License #01100808

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,750

Year Built

  • Built in 1953

Lot Details

  • 9,542 Sq Ft Lot
  • Lot Dimensions are 191x50
  • Property is zoned LCR175

Interior Spaces

  • 2,127 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Driveway

Outdoor Features

  • Shed

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, gardener
  • Assessor Parcel Number 5828-024-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,750

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2127
  • Lot Acreage: 0.2165
  • Lot Dimensions: 191x50
  • Probate: No
  • Stories: 1
  • Year Built: 1953
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Family Room
  • Bedrooms: 5
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 2.00
  • Equipment: Garbage Disposal, Range/Oven
  • Price Per S Q F T: 467.80

Exterior Features

  • Other Structures: Shed(s)

Garage/Parking

  • Other Spaces: 6
  • Parking Garage: Driveway
  • Total Parking: 6

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 79.29
  • Assessed Improvement Value: 44975
  • Assessed Land Percent: 20.71
  • Assessed Land Value: 11750
  • Total Assessed Value: 56725
  • Assessor Parcel Number: 5828-024-004
  • Lot Size Area: 9542

Rental Info

  • Land Lease Type: Month to Month
  • Lease Per Month Year: Month
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 21.68
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 7997
  • Type Of Units: Stand-alone
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Feb 23, 2024
Sold by
Miller Revocable Trust
Bought by
Ortega Jose Jaime and Ortega Nicole Galvan
Seller's Agent
James Risolo
Compass
Buyer's Agent
JOE GALVAN
1st Interstate Realtors
List Price
$995,000
Sold Price
$1,057,000
Premium/Discount to List
$62,000
6.23%
Total Days on Market
12
Views
27
Current Estimated Value
$1,047,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,065
Avg. Annual Appreciation
-0.69%
Original Mortgage
$1,037,850
Outstanding Balance
$1,025,485
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$22,450

Purchase Details

Closed on
Apr 17, 2017
Sold by
Miller Edward J and Miller Mary Kathleen
Bought by
Miller Edward J and Miller Mary Kathleen

Purchase Details

Closed on
Jul 22, 2003
Sold by
Miller Edward J and Miller Mary Kathleen
Bought by
Miller Edward J and Miller Mary Kathleen
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
Ortega Jose Jaime $1,057,000 Lawyers Title Company
Miller Edward J -- None Available
Miller Edward J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega Jose Jaime $1,037,850
Previous Owner Miller Edward J $300,000
Previous Owner Miller Edward J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $1,057,000 +6.2% $497 / Sq Ft
01/21/2024 01/21/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $995,000 -- $468 / 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
2024 $1,750 $57,859 $11,985 $45,874
2023 $1,561 $56,725 $11,750 $44,975
2022 $1,520 $55,614 $11,520 $44,094
2021 $1,353 $54,525 $11,295 $43,230
2020 $1,324 $53,967 $11,180 $42,787
2019 $1,318 $52,910 $10,961 $41,949
2018 $1,238 $51,874 $10,747 $41,127
2016 $1,174 $49,862 $10,331 $39,531
2015 $1,162 $49,114 $10,176 $38,938
2014 $1,164 $48,153 $9,977 $38,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-344797

The MLS

APN: 5828-024-004