NOT LISTED FOR SALE

2971 Olive Ave Altadena, CA 91001

Estimated Value: $492,000 - $1,128,388

3 Beds
2 Baths
1,268 Sq Ft
$587/Sq Ft Est. Value

Last Sold August 13, 2018

Last sale price $726,000 $573 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,665/month

17 Days on Market

Highlights

  • Peek-A-Boo Views
  • Midcentury Modern Architecture
  • Screened Porch
  • Open Floorplan
  • Lawn
  • Double Door Entry

About This Home

As of August 2018

First time on the market in over 50 years, this 1962 Mid-Century Modern home includes gable roof ends that reflect an Asian influence and is reminiscent of the Polynesian ''Tiki roofs''. This home is a throwback to the previous decade, complete with three bedrooms and two full baths. The open floor plan is usual, in particular the entrance that separates the living/dining area. From the dining area, one exits onto the enclosed patio. This home has an identified designer, Lynn V Maudlin who is known for his unique residential designs. With over 1260 square feet, this home is original to its era! Additional amenities include Central Air/heat, two car garage with direct access. The backyard features fruit trees, kumquat, lemon and avocado with a lot over 7,400 square feet. This is a TRUST SALE and sold in 'As IS' condition. No need to look any further, this is the one!

Last Agent to Sell the Property

Nancy McSween

COMPASS License #01775649 Listed on: 07/17/2018

COMPASS

Last Buyer's Agent

Bill Lustig

Compass License #00921031

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 7,485 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Chain Link Fence
  • Sprinkler System
  • Lawn
  • Back and Front Yard
  • Property is zoned LCR175

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Midcentury Modern Architecture
  • Traditional Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,268 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Screened Porch
  • Carpet

Kitchen

  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Screened Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5829019029

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Inclusions: Refrigerator, stove, washer, dryer
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: LCR175
  • Architectural Style: Mid Century Modern, Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5829019029
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1268.00
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: In Living Room
  • Fireplace Features: Free Standing, Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 572.56
  • Room Type: Entry, Living Room, Master Bedroom

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • Other Structures: Shed(s)
  • View: Mountain(s), Peek-A-Boo
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Patio And Porch Features: Concrete, Screened Porch
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Sprinkler System
  • Lot Size Sq Ft: 7485.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7485.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2018
Closed on
Aug 6, 2018
Sold by
Gerhardt Spencer J
Bought by
Kenney Ellen C
Seller's Agent
Nancy McSween
COMPASS
Buyer's Agent
Bill Lustig
Compass
List Price
$715,000
Sold Price
$726,000
Premium/Discount to List
$11,000
1.54%
Current Estimated Value
$743,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,796
Avg. Annual Appreciation
0.33%
Original Mortgage
$544,500
Outstanding Balance
$472,876
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$270,920

Purchase Details

Listed on
Jul 17, 2018
Closed on
Jul 27, 2018
Sold by
Lovett Dijion Z and King Barney D
Bought by
Kenney Ellen C
Seller's Agent
Nancy McSween
COMPASS
Buyer's Agent
Bill Lustig
Compass
List Price
$715,000
Sold Price
$726,000
Premium/Discount to List
$11,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,500
Outstanding Balance
$472,876
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$270,920

Purchase Details

Closed on
Sep 12, 1975
Sold by
King Edwina H
Bought by
King Edwina H and King Trust

Purchase Details

Closed on
Aug 8, 1966
Sold by
King Edwina H
Bought by
King Edwina M and King Trust
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
Kenney Ellen C -- Fidelity National Title Comp
Kenney Ellen C $726,000 Fidelity National Title Comp
King Edwina H -- --
King Edwina M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenney Ellen C $544,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2018 08/13/18 Sold $726,000 +1.5% $573 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $715,000 -- $564 / 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 $9,354 $421,129 $421,129 --
2024 $9,354 $793,983 $635,188 $158,795
2023 $9,272 $778,416 $622,734 $155,682
2022 $8,952 $763,154 $610,524 $152,630
2021 $8,531 $748,191 $598,553 $149,638
2019 $8,212 $726,000 $580,800 $145,200
2018 $1,002 $60,703 $12,249 $48,454
2016 $953 $58,347 $11,774 $46,573
2015 $942 $57,472 $11,598 $45,874
2014 $939 $56,347 $11,371 $44,976
Source: Public Records

Agents Affiliated with this Home

  • Nancy McSween

    Seller's Agent in 2018

    Nancy McSween

    COMPASS

    (626) 695-4665

    5 in this area

    28 Total Sales

    Nancy McSween
    Section Image

  • B

    Buyer's Agent in 2018

    Bill Lustig

    Compass

    (310) 770-0283

    Bill Lustig
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-818003532

Pasadena-Foothills Association of REALTORS®

APN: 5829-019-029

California Los Angeles County Altadena 91001

2971 Olive Ave, Altadena, CA

Not Listed for Sale

Detached

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