NOT LISTED FOR SALE

2991 Olive Ave Altadena, CA 91001

Estimated Value: $943,000 - $2,054,119

4 Beds
3 Baths
3,733 Sq Ft
$399/Sq Ft Est. Value

Last Sold May 08, 2013

Last sale price $920,000 $246 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $9,205/month

12 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Secluded Lot
  • John Muir High School Rated A-
  • 0.5 Acre Lot
  • Wooded Lot

About This Home

As of May 2013

This is a 1912 Colonial Revival. Near the Rose Bowl, hiking trails, and a short distance to Old Pasadena. A well-regarded design and construction firm G. Lawrence Stimson of Pasadena. Gate-guarded estate on over a half-acre lot. Old world charm & history. NEW! NEW! NEW! Remodel just completed to its original charm. The following items are new: (kitchen cabinets, granite countertops, upgraded Frigidaire dishwasher and range, kitchen faucet, light fixtures, carpet, new AC and heating system installed, replastered pool, new garage door and opener) new paint inside and out, etc. etc. Refinished original hardwood floors. Remodeled bathrooms. Shows like a model. This home has historical value.

Former owners were the vice president of the United States Iron & Tin Plate Company. And in 1924, the property was sold to Jesse M. Schuckman, who had been the secretary to Theodore Roosevelt.

See attached historical writings.

Last Agent to Sell the Property

Chris Shepard

Nationwide Capital Group, Inc License #00984970 Listed on: 03/08/2013

Last Buyer's Agent

Wendy Cobleigh

Podley Properties License #00691684

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,174

Year Built

  • Built in 1912

Lot Details

  • 0.5 Acre Lot
  • Landscaped
  • Secluded Lot
  • Corner Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 3,733 Sq Ft Home
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Home Office
  • Loft
  • Sun or Florida Room
  • Park or Greenbelt Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 4603
  • Assessor Parcel Number 5829019030

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,174

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Cell Phone
  • Other Phone Number: 949-433-7035
  • Property Attached: No
  • Road Surface Type: Maintained, Paved
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5829019030
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3733.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 246.45
  • Room Type: Den, Entry, Family Room, Formal Entry, Foyer, Great Room, Loft, Living Room, Main Floor Bedroom, Master Suite, Separate Family Room, Office, Sun

Exterior Features

  • View: Park/Greenbelt
  • Pool Features: Fenced, Gunite, In Ground, Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, Front Yard, Lawn, Landscaped, Rectangular Lot, Level with Street, Lot 20000-39999 Sqft, Paved, Corner Lot, Secluded, Sprinkler System, Treed Lot, Yard
  • Lot Size Sq Ft: 21958.00
  • Lot Size Acres: 0.5040

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21958.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 4603

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2013
Closed on
Mar 20, 2013
Sold by
Flores John
Bought by
Byrnes Laura M
Seller's Agent
Chris Shepard
Nationwide Capital Group, Inc
Buyer's Agent
Wendy Cobleigh
Podley Properties
List Price
$929,990
Sold Price
$920,000
Premium/Discount to List
-$9,990
-1.07%
Current Estimated Value
$1,490,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,706
Avg. Annual Appreciation
6.61%
Original Mortgage
$736,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2011
Closed on
Jul 25, 2012
Sold by
Valle Miguel and Adela Valle Living Trust
Bought by
Shepard Chris and The 2991 Olive Avenue Trust
Seller's Agent
Nancy McSween
COMPASS
List Price
$627,000
Sold Price
$627,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.74%
Original Mortgage
$50,000
Interest Rate
3.47%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 30, 2002
Sold by
Valle Adela C
Bought by
Valle Adela C and The Adela Valle Living Trust
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
Byrnes Laura M -- Lawyers Title
Byrnes Laura M $920,000 Lawyers Title
Shepard Chris $627,000 Lawyers Title Co
Valle Adela C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Byrnes Laura M $736,000
Previous Owner Shepard Chris $50,000
Previous Owner Shepard Chris $487,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2013 05/08/13 Sold $920,000 -1.1% $246 / Sq Ft
03/08/2013 03/08/13 For Sale $929,990 +1.1% $249 / Sq Ft
03/07/2013 03/07/13 Off Market $920,000 -- --
02/27/2013 02/27/13 For Sale $929,990 +48.3% $249 / Sq Ft
08/06/2012 08/06/12 Sold $627,000 0.0% $179 / Sq Ft
06/14/2012 06/14/12 Pending -- -- --
10/28/2011 10/28/11 For Sale $627,000 -- $179 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,174 $480,254 $480,254 --
2024 $13,174 $1,110,688 $724,365 $386,323
2023 $13,064 $1,088,911 $710,162 $378,749
2022 $12,617 $1,067,561 $696,238 $371,323
2021 $11,931 $1,046,630 $682,587 $364,043
2019 $11,487 $1,015,589 $662,342 $353,247
2018 $11,647 $995,676 $649,355 $346,321
2016 $11,278 $957,015 $624,141 $332,874
2015 $11,158 $942,640 $614,766 $327,874
2014 $10,930 $924,176 $602,724 $321,452
Source: Public Records

Agents Affiliated with this Home

  • Chris Shepard

    Seller's Agent in 2013

    Chris Shepard

    Nationwide Capital Group, Inc

    (949) 433-7035

    86 Total Sales

    Chris Shepard
    Section Image

  • W

    Buyer's Agent in 2013

    Wendy Cobleigh

    Podley Properties

  • Nancy McSween

    Seller's Agent in 2012

    Nancy McSween

    COMPASS

    (626) 695-4665

    6 in this area

    28 Total Sales

    Nancy McSween
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13032309

California Regional Multiple Listing Service (CRMLS)

APN: 5829-019-030

California Los Angeles County Altadena 91001

2991 Olive Ave, Altadena, CA

This home is located at 2991 Olive Ave, Altadena, CA 91001 since 08 March 2013 and is currently estimated at $1,490,706, approximately $399 per square foot. This property was built in 1912. 2991 Olive Ave is a home located in Los Angeles County with nearby schools including Charles W. Eliot Arts Magnet Academy, John Muir High School, and Odyssey Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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