NOT LISTED FOR SALE

263 E Laurel Ave Sierra Madre, CA 91024

Estimated Value: $1,856,000 - $2,410,000

4 Beds
3 Baths
2,363 Sq Ft
$902/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $1,760,000 $745 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $13,121/month

7 Days on Market

Highlights

  • Marble Flooring
  • Traditional Architecture
  • Stone Countertops
  • Sierra Madre Elementary School Rated A-
  • Furnished
  • No HOA

About This Home

As of August 2021

Located in beautiful Sierra Madre, this newly renovated single-story traditional 4-bedroom home features a bright and open layout. There's a spacious living room with a brick fireplace, as well as a fourth bedroom/home office with an updated bathroom, that connects to the formal dining room with a wine closet, and chefs kitchen. The remodeled custom kitchen features stainless steel appliances, Alder cabinetry, and natural quartzite counters. Open either of the two 16 foot sliding doors to a large outdoor patio area perfect for entertaining and outdoor dining. The primary bedroom suite is located on the east wing of the house and features a large shower and dual sinks with dolomite stone counters and marble flooring. There are two additional secondary bedrooms with a renovated full bathroom across the hall. Outside in the back is a flat grassy area surrounded by trees and vegetation. A gated entrance from the driveway leads into the back to the covered carport that fits three cars. Being less than three blocks from Sierra Madre Elementary and Middle School and the Mount Wilson hiking trail, this home is in a great location and provides terrific amenities.

Last Agent to Sell the Property

Cory Weiss

Douglas Elliman License #01309146 Listed on: 08/05/2021

Douglas Elliman

Last Buyer's Agent

Nazee Rix

COMPASS License #01210301

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,812

Year Built

  • Built in 1965

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 61x198
  • Property is zoned SRR1YY

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,363 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Stone Countertops

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Attached Carport
  • Driveway

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5767-009-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,812

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2363
  • Lot Acreage: 0.2750
  • Lot Dimensions: 61x198
  • Stories: 1
  • Year Built: 1965
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile, Hardwood, Marble
  • Appliances: Microwave, Oven, Range
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Stone Counters, Remodeled
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Dryer, Washer, Refrigerator, Microwave, Freezer, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 676.68

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Carport Attached, Covered Parking, Driveway
  • Total Parking: 3

Utilities

  • Volt 220: In Garage
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5767-009-038
  • Lot Size Area: 11977

Rental Info

  • Furnished: Furnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2021
Sold by
Gerrans Macdonald Leanne and Gerrans Macdonald John
Bought by
Macdonald Leanne Gerrans
Current Estimated Value
$2,132,037

Purchase Details

Listed on
Aug 5, 2021
Closed on
Aug 16, 2021
Sold by
Loyd Garens Donyell
Bought by
Macdonald Leanne Gerrans
Seller's Agent
Cory Weiss
Douglas Elliman
Buyer's Agent
Nazee Rix
COMPASS
List Price
$1,599,000
Sold Price
$1,760,000
Premium/Discount to List
$161,000
10.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%

Purchase Details

Listed on
Aug 5, 2021
Closed on
Aug 12, 2021
Sold by
Prince Miles L and Prince Kenneth C
Bought by
Macdonald Leanne Gerrans and Macdonald John Gerrans
Seller's Agent
Cory Weiss
Douglas Elliman
Buyer's Agent
Nazee Rix
COMPASS
List Price
$1,599,000
Sold Price
$1,760,000
Premium/Discount to List
$161,000
10.07%

Purchase Details

Listed on
May 9, 2017
Closed on
May 30, 2017
Sold by
Walch Spencer D
Bought by
Prince Miles L and Totrakarn Kenneth C
Seller's Agent
Brent Ballard
Anderson Ballard Companies
Buyer's Agent
Tony Totrakam
KO TAI REALTY
List Price
$1,098,000
Sold Price
$1,062,000
Premium/Discount to List
-$36,000
-3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.04%
Original Mortgage
$849,600
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2000
Sold by
Grippi Joe
Bought by
Grippi Joe and Grippi Barbara Jean
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Macdonald Leanne Gerrans -- Bnt Title Company Of Ca
Macdonald Leanne Gerrans -- Equity Title
Macdonald John Gerrans -- Equity Title
Macdonald Leanne Gerrans $1,760,000 Equity Title
Prince Miles L $1,062,000 Fidelity National Title Co
Grippi Joe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prince Miles L $849,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2021 08/20/21 Sold $1,760,000 +10.1% $745 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $1,599,000 +50.6% $677 / Sq Ft
07/10/2017 07/10/17 Sold $1,062,000 -3.3% $449 / Sq Ft View Prior Sale
07/07/2017 07/07/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $1,098,000 -- $465 / 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
2025 $21,812 $1,940,448 $1,362,023 $578,425
2024 $21,812 $1,902,401 $1,335,317 $567,084
2023 $21,690 $1,865,100 $1,309,135 $555,965
2022 $20,173 $1,760,000 $1,238,500 $521,500
2021 $12,702 $1,116,349 $893,080 $223,269
2020 $12,197 $1,104,903 $883,923 $220,980
2019 $12,226 $1,083,240 $866,592 $216,648
2018 $12,355 $1,062,000 $849,600 $212,400
2016 $1,072 $75,127 $25,034 $50,093
2015 $1,053 $73,999 $24,658 $49,341
2014 $1,044 $72,550 $24,175 $48,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-769038

The MLS

APN: 5767-009-038