NOT LISTED FOR SALE

2975 Emerson Way Altadena, CA 91001

Estimated Value: $408,000 - $1,097,779

2 Beds
1 Bath
818 Sq Ft
$869/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $655,500 $801 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,501/month

10 Days on Market

Highlights

  • Mountain View
  • Deck
  • No HOA
  • John Muir High School Rated A-
  • Wood Flooring
  • Cottage

About This Home

As of March 2018

Charming Cottage nestled on a quiet street with mountain views. Property consists of 2 bedrooms and 1 bath. Bright living room, separate dining area with french doors that leads to the front yard. Kitchen with hardwood floors and washer/dryer hookups in the hallway. Additional features include central air/heat, maple floors and large shed/storage unit in the rear yard. Shared driveway leads to the fenced carport parking. Garage has been converted and can be used as a work shop or an office and it has an old permit for sleeping quarters. Private backyard with a deck and large grassy yard perfect for entertaining. This property has so much potential. Must see to appreciate.

Last Agent to Sell the Property

Charles Picker

I.X.A. License #00414181 Listed on: 01/29/2018

Last Buyer's Agent

Katie Crain

Compass License #01811131

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,607

Year Built

  • Built in 1936

Lot Details

  • 8,279 Sq Ft Lot
  • Property is zoned LCR175

Home Design

  • Cottage

Interior Spaces

  • 818 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Workshop
  • Mountain Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • Detached Carport Space
  • Converted Garage

Additional Features

  • Deck
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5833-020-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,607

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Street Number Display: Yes
  • Living Area: 818
  • Stories: 1
  • Year Built: 1936
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Free Standing Gas
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup, Range/Oven
  • Price Per S Q F T: 727.38

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Deck(s)
  • Pool: No
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Carport Detached

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5833-020-005
  • Geocode Override: No
  • Lot Size Area: 8279

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2018
Closed on
Feb 11, 2018
Sold by
Arredondo Rachele T
Bought by
Lance Thomas and Hartzog Sarah Anne
Seller's Agent
Charles Picker
I.X.A.
Buyer's Agent
Katie Crain
Compass
List Price
$595,000
Sold Price
$655,500
Premium/Discount to List
$60,500
10.17%
Current Estimated Value
$710,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,426
Avg. Annual Appreciation
1.08%
Original Mortgage
$420,000
Outstanding Balance
$357,734
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$353,192

Purchase Details

Closed on
Jan 8, 2016
Sold by
Arredondo Rachele T
Bought by
Arredondo Rachele T and Arredondo Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,100
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 14, 2005
Sold by
Jensen Andrea L
Bought by
Troffer Rachele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
5.93%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 24, 2004
Sold by
Zourek James J and Jensen Andrea
Bought by
Jensen Audrey A

Purchase Details

Closed on
Jan 9, 1998
Sold by
Scully Francis J
Bought by
Zourek James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,624
Interest Rate
7.02%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lance Thomas $655,500 Provident Title Company
Arredondo Rachele T -- None Available
Troffer Rachele $500,000 First American Title Company
Jensen Andrea L -- First American Title Company
Jensen Audrey A -- --
Zourek James J $159,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lance Thomas $420,000
Previous Owner Arredondo Rachele T $347,100
Previous Owner Jensen Andrea L $141,000
Previous Owner Troffer Rachele $359,000
Previous Owner Zourek James J $155,624
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2018 03/15/18 Sold $655,500 +10.2% $801 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $595,000 -- $727 / 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 $8,607 $387,839 $387,839 --
2024 $8,607 $731,219 $584,976 $146,243
2023 $8,530 $716,882 $573,506 $143,376
2022 $8,236 $702,826 $562,261 $140,565
2021 $7,877 $689,046 $551,237 $137,809
2019 $7,583 $668,610 $534,888 $133,722
2018 $6,190 $520,000 $348,000 $172,000
2016 $5,295 $436,000 $292,000 $144,000
2015 $5,132 $420,000 $280,900 $139,100
2014 $4,106 $329,000 $220,000 $109,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-307752

The MLS

APN: 5833-020-005