NOT LISTED FOR SALE

2593 Marengo Ave Altadena, CA 91001

Estimated Value: $1,181,000 - $2,004,327

4 Beds
2 Baths
3,202 Sq Ft
$476/Sq Ft Est. Value

Last Sold December 07, 2016

Last sale price $976,000 $305 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $9,556/month

38 Days on Market

Highlights

  • In Ground Pool
  • 16,962 Sq Ft lot
  • Lawn
  • John Muir High School Rated A-

About This Home

As of December 2016

Wow!! Come and preview this once infamous property that was known as the LLama Lounge, where there were Famous Musicians, a Beer/Wine Garden, a place to have Fun and Relax. If you are familiar with Altadena, you should have heard of this property. The Front Home is Two Stories, with 4 Bedroom, 2 Bathrooms, Aprox. 2,000sqft., Hardwood Floors, Large Living Room, Dining Room, Kitchen, Cellar, Font Porch Area and more. The Rear Home is 2 Bedrooms/ 1.5 Bathrooms, Aprox. 1,200sqft., Living Room, Family Room, Kitchen and 2 Car Attached Garage and has its own Private Driveway and Yard. There is also a Cottage/Studio with a 1/2 Bath (not sure of permits) in the middle of the two homes. The Grounds were Beautiful at one time (look at old listings) . There is also a Larger In Ground Pool, Outdoor Built In BBQ/Fireplace, lots of Landscaping, Gardens and more. This is a Treasure of a Property with /lLots of Potential to turn into an Incredible Estate.

Last Agent to Sell the Property

Irv Tons

Pointe Real Estate, Inc. License #00813310 Listed on: 09/23/2016

Last Buyer's Agent

Irv Tons

Pointe Real Estate, Inc. License #00813310 Listed on: 09/23/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,394

Year Built

  • Built in 1906

Lot Details

  • 0.39 Acre Lot
  • No Common Walls
  • Lawn
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • 3,202 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 2147
  • Assessor Parcel Number 5835034003

Community Details

Overview

  • 3 Buildings

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,394

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LCR17500*
  • Property Type: Residential Income
  • Parcel Number: 5835034003
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 304.81

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lawn, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 16962.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 1
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4611.00
  • Tax Lot: 2
  • Tax Tract Number: 2147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2016
Closed on
Nov 18, 2016
Sold by
Aim United Llc
Bought by
Tran Katherine Ann and Vann Price Laury
Seller's Agent
Irv Tons
Pointe Real Estate, Inc.
Buyer's Agent
Irv Tons
Pointe Real Estate, Inc.
List Price
$949,000
Sold Price
$976,000
Premium/Discount to List
$27,000
2.85%
Current Estimated Value
$1,523,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,776
Avg. Annual Appreciation
6.53%
Original Mortgage
$776,000
Outstanding Balance
$631,543
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$1,052,567

Purchase Details

Closed on
Dec 22, 2015
Sold by
Edmondson Susan L
Bought by
Aim United Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.9%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 15, 2004
Sold by
Edmonson Susan L
Bought by
Edmondson Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2002
Sold by
Sobleski Ray Anthony
Bought by
Edmondson Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.74%

Purchase Details

Closed on
May 24, 2001
Sold by
Sobieski Ray Anthony and Edmondson Susan L
Bought by
Sobieski Ray Anthony and Edmondson Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
8.49%

Purchase Details

Closed on
Dec 9, 1998
Sold by
Hall David A and Estate Of Grace P Hall
Bought by
Sobieski Ray Anthony and Edmondson Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
8.87%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tran Katherine Ann $976,000 Orange Coast Title Co Socal
Aim United Llc $173,700 None Available
Edmondson Susan L -- Fidelity National Title
Edmondson Susan L -- United Title Company
Sobieski Ray Anthony -- Equity Title Company
Sobieski Ray Anthony $280,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Katherine Ann $776,000
Previous Owner Edmonson Susan L $50,000
Previous Owner Edmondson Susan L $5,000
Previous Owner Emondson Susan L $121,000
Previous Owner Edmondson Susan L $490,000
Previous Owner Edmondson Susan L $320,000
Previous Owner Edmondson Susan L $252,000
Previous Owner Sobieski Ray Anthony $218,000
Previous Owner Sobieski Ray Anthony $190,000
Closed Sobieski Ray Anthony $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2016 12/07/16 Sold $976,000 +2.8% $305 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $949,000 0.0% $296 / Sq Ft
09/16/2015 09/16/15 Rented $3,800 0.0% --
09/14/2015 09/14/15 Under Contract -- -- --
09/04/2015 09/04/15 For Rent $3,800 -- --
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
2024 $13,394 $1,110,517 $910,262 $200,255
2023 $13,109 $1,088,743 $892,414 $196,329
2022 $12,661 $1,067,396 $874,916 $192,480
2021 $12,034 $1,046,467 $857,761 $188,706
2020 $11,561 $1,035,738 $848,966 $186,772
2019 $11,587 $1,015,430 $832,320 $183,110
2018 $11,782 $995,520 $816,000 $179,520
2016 $4,855 $370,792 $222,477 $148,315
2015 $4,805 $365,224 $219,136 $146,088
2014 $4,728 $358,071 $214,844 $143,227
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16709946

California Regional Multiple Listing Service (CRMLS)

APN: 5835-034-003