NOT LISTED FOR SALE

2907 Olive Ave Altadena, CA 91001

Estimated Value: $451,000 - $1,134,110

3 Beds
1 Bath
1,108 Sq Ft
$636/Sq Ft Est. Value

Last Sold November 25, 2015

Last sale price $657,000 $593 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,041/month

13 Days on Market

Highlights

  • Art Studio
  • Stone Countertops
  • Home Office
  • Maid or Guest Quarters
  • Cottage
  • Central Heating and Cooling System

About This Home

As of November 2015

Picture perfect Janes Cottage is exceptional and not only oozes romance and character but also updates and amenities. Unique and highly desirable, the garden guest house adds remarkable value and provides office space, guest quarters, attic storage, and a second full bath. Outdoor areas are captivating with a deck, patio, and specialty hummingbird and butterfly garden to enjoy. Cottage interior boasts a lovely contemporary kitchen with Caesarstone counter-tops and beveled tile back-splash as well as hardwood floors, barrel ceilings, half-moon windows, and wood-burning fireplace. Upgrades include copper plumbing, electrical with 200 amp service, sprinkler system and drip lines, drought tolerant landscaping, double pane windows in dining room, kitchen and master bedroom, custom blinds throug

Last Agent to Sell the Property

Teresa Fuller

COMPASS License #01315387 Listed on: 10/14/2015

COMPASS

Last Buyer's Agent

John Venti

Redfin Corporation License #01068863

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 6,805 Sq Ft Lot
  • Property is zoned LCR175

Home Design

  • Cottage
  • Bungalow

Interior Spaces

  • 1,108 Sq Ft Home
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Living Room with Fireplace
  • Home Office
  • Art Studio
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Not Applicable 1007242 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5829022011

Home Details

Home Type

Single Family

Year Built

Built in 1927 | Remodeled

Lot Details

0

Listing Details

  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LCR175
  • Architectural Style: Cottage, Bungalow
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5829022011
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1108.00
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Living Room, Decorative
  • Levels: One
  • Price Per Square Foot: 592.96
  • Room Type: Guest/Maid's Quarters, Office, Art Studio
  • Room Kitchen Features: Stone Counters

Utilities

  • Heating: Yes
  • Heating Type: Central, Natural Gas
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6805.00

Multi Family

  • Lease Considered: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2015
Closed on
Nov 23, 2015
Sold by
Bashan Sharon
Bought by
Pinchot Justin
Seller's Agent
Teresa Fuller
COMPASS
Buyer's Agent
John Venti
Redfin Corporation
List Price
$657,000
Sold Price
$657,000
Current Estimated Value
$705,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,037
Avg. Annual Appreciation
0.70%
Original Mortgage
$459,900
Outstanding Balance
$360,364
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$344,673

Purchase Details

Listed on
Oct 14, 2015
Closed on
Oct 28, 2015
Sold by
Wexler Shannon O
Bought by
Pinchot Justin and Bashan Sharon
Seller's Agent
Teresa Fuller
COMPASS
Buyer's Agent
John Venti
Redfin Corporation
List Price
$657,000
Sold Price
$657,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,900
Outstanding Balance
$360,364
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$344,673

Purchase Details

Closed on
Jul 19, 2006
Sold by
Wexler David
Bought by
Wexler Shannon O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2003
Sold by
Defalla Daryl and Defalla Daryl D
Bought by
Wexler David and Wexler Shannon O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2003
Sold by
Johnson Mary Louise and Johnson Mary Louise
Bought by
Defalla Daryl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,950
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2002
Sold by
Johnson Mary L
Bought by
Johnson Mary Louise and Johnson Mary Louise

Purchase Details

Closed on
Nov 17, 1993
Sold by
Clarkson Michelle A
Bought by
Johnson Mary L and Johnson Merritt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,250
Interest Rate
5.15%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pinchot Justin -- North American Title Company
Pinchot Justin $657,000 North American Title Company
Wexler Shannon O -- Lawyers Title
Wexler David $389,000 Southland Title
Defalla Daryl D $301,000 Southland Title
Johnson Mary Louise -- --
Johnson Mary L -- --
Johnson Mary L $136,000 Benevest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinchot Justin $459,900
Previous Owner Wexler Shannon O $372,000
Previous Owner Wexler David $311,200
Previous Owner Defalla Daryl D $285,950
Previous Owner Johnson Mary L $122,250
Closed Wexler David $58,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2015 11/25/15 Sold $657,000 0.0% $593 / Sq Ft
10/27/2015 10/27/15 Pending -- -- --
10/14/2015 10/14/15 For Sale $657,000 -- $593 / 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 $4,167 $354,952 $354,952 --
2024 $8,981 $762,497 $535,373 $227,124
2023 $8,902 $747,547 $524,876 $222,671
2022 $8,594 $732,890 $514,585 $218,305
2021 $8,195 $718,521 $504,496 $214,025
2020 $7,871 $711,155 $499,324 $211,831
2019 $7,888 $697,212 $489,534 $207,678
2018 $8,020 $683,542 $479,936 $203,606
2016 $7,782 $657,000 $461,300 $195,700
2015 $5,518 $460,179 $330,645 $129,534
2014 $5,408 $451,166 $324,169 $126,997
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315009963

Pasadena-Foothills Association of REALTORS®

APN: 5829-022-011