NOT LISTED FOR SALE

2885 Olive Ave Altadena, CA 91001

Estimated Value: $525,000 - $857,728

2 Beds
2 Baths
1,076 Sq Ft
$621/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $910,000 $846 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $4,418/month

21 Days on Market

Highlights

  • Above Ground Spa
  • Primary Bedroom Suite
  • Traditional Architecture
  • John Muir High School Rated A-
  • Mountain View
  • Wood Flooring

About This Home

As of June 2024

Tucked into the beautiful foothills of Altadena, this 2-bed, 2-bath property is the perfect opportunity to create the cozy home of your dreams. The 1,076 SF home is located on a generous 6,909 SF lot and is ready for you to make it your own. As you enter, take special care to note the original wood panel walls throughout the home. Immediately to your right, you will find a gorgeous brick fireplace in the living room and continuing on straight ahead, you will pass through the dining room that opens to the back of the home. Sliders access the backyard and provide ample natural light to enter the space. The kitchen has plenty of room to customize the space to your culinary needs. In the back of the home sits a spacious laundry or mudroom - the ideal space for storage and running the weekly wash. The primary bedroom boasts an ensuite bathroom, ready to customize to your taste, and down the hallway lies an additional bathroom and a second bedroom. Stepping outside, you will find the backyard full of lush, green grass and a freestanding jacuzzi for unwinding after a long day. There is also a detached one-car garage and long driveway for ample off-street parking. This property provides an excellent opportunity to build the home of your dreams while taking in that incredible mountain view. Close to several parks, hiking trails, and restaurants, this property is full of untapped potential - don't delay!

Last Agent to Sell the Property

David Knight

Keller Williams Realty Brokerage Email: daveknightrealestate@gmail.com License #01829234 Listed on: 04/24/2024

Keller Williams Realty

Co-Listed By

Esther Clauson

KW SELA Brokerage Email: daveknightrealestate@gmail.com License #02031778

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,327

Year Built

  • Built in 1926

Lot Details

  • 6,909 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Block Wall Fence
  • No Sprinklers

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Stucco

Interior Spaces

  • 1,076 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Mountain Views

Kitchen

  • Electric Cooktop
  • Laminate Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Above Ground Spa
  • Concrete Porch or Patio

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 4603
  • Assessor Parcel Number 5829022008

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,327

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: jacuzzi
  • Property Attached: No
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5829022008
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1076.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 696.10
  • Room Type: Living Room, Primary Suite, Laundry, Kitchen
  • Spa Features: Above Ground
  • Bathroom Features: Shower In Tub, Laminate Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 6909.00
  • Lot Size Acres: 0.1586

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6909.0000 Square Feet

Tax Info

  • Tax Lot: 4
  • Tax Tract: 8670
  • Tax Tract Number: 4603

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jun 3, 2024
Sold by
Mary Louise Johnson Separate Property Tr and Hooper Dora
Bought by
Tekosky Marianna and Fallon Sean
Seller's Agent
David Knight
Keller Williams Realty
List Price
$749,000
Sold Price
$910,000
Premium/Discount to List
$161,000
21.5%
Views
70
Current Estimated Value
$668,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$241,757
Avg. Annual Appreciation
-23.37%
Original Mortgage
$435,000
Outstanding Balance
$430,354
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$237,889

Purchase Details

Closed on
Jan 15, 2019
Sold by
Johnson Mary Louise
Bought by
Johnson Mary Louise and Johnson Mary Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2010
Sold by
Johnson Mary Louise and Johnson Mary Louise
Bought by
Johnson Mary Louise and The Mary Louise Johnson Separa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
2.01%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 8, 1999
Sold by
Johnson Mary L
Bought by
Johnson Mary Louise and Johnson Mary Louise
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
Tekosky Marianna $910,000 Chicago Title Company
Johnson Mary Louise -- Title Source Inc
Johnson Mary Louise -- Title Source Inc
Johnson Mary Louise -- Placer Title Company
Johnson Mary Louise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tekosky Marianna $435,000
Previous Owner Johnson Mary Louise $75,000
Previous Owner Johnson Mary Louise $525,000
Previous Owner Johnson Mary Louise $95,000
Previous Owner Johnson Mary Louise $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $910,000 +21.5% $846 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $749,000 -- $696 / Sq Ft
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
2025 $9,327 $928,200 $734,400 $193,800
2024 $9,327 $798,500 $610,000 $188,500
2023 $1,347 $70,018 $25,153 $44,865
2022 $1,308 $68,646 $24,660 $43,986
2021 $1,207 $67,301 $24,177 $43,124
2019 $1,171 $65,307 $23,461 $41,846
2018 $3,309 $64,027 $23,001 $41,026
2016 $3,259 $61,542 $22,108 $39,434
2015 $1,027 $60,618 $21,776 $38,842
2014 $1,021 $59,432 $21,350 $38,082
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-17381

Pasadena-Foothills Association of REALTORS®

APN: 5829-022-008