NOT LISTED FOR SALE

312 E Grandview Ave Sierra Madre, CA 91024

Estimated Value: $1,717,000 - $1,825,000

5 Beds
4 Baths
2,066 Sq Ft
$857/Sq Ft Est. Value

Last Sold June 12, 2015

Last sale price $1,005,000 $486 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $10,764/month

7 Days on Market

Highlights

  • View of Trees or Woods
  • Cape Cod Architecture
  • Wood Flooring
  • Sierra Madre Elementary School Rated A-
  • Wooded Lot
  • Private Yard

About This Home

As of June 2015

Great investment opportunity on a beautiful tree lined street in the highly sought after town of Sierra Madre. 3 Cape Cod style units on a large 13,000 sq. ft. lot with A+ front curb appeal. Front home is appoximately 1,020 sq. ft., 3 bedrooms, 2 full baths, hardwood floors, 1 AC downstairs, large living room, den and dining area, and laudry hook-ups. Middle unit is 1 bedroom/loft with approximately 526 sq. ft., 1 bath, tile and carpet, stove top and wall AC. Back unit is approximately 645 sq. ft., 2 bedrooms, 1 bath, hardwood floors/carpet/vinyl, stove, wall AC, living room and laundry hook-ups. Large backyard with grass and storage shed (both shared by tenants). Rare investment opportunity or live in front house, and rent out two or mother-in-law/guest house type set up. Walking distance to parks, hiking trail, and the quaint village area of Sierra Madre.

Last Agent to Sell the Property

Mike Trossen

Equity Brokers License #01466702 Listed on: 05/06/2015

Co-Listed By

Ken Trossen

Equity Brokers License #00802751

Last Buyer's Agent

Lu Gordon

Coldwell Banker License #01113951

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,679

Year Built

  • Built in 1930

Lot Details

  • 0.31 Acre Lot
  • No Common Walls
  • Landscaped
  • Paved or Partially Paved Lot
  • Wooded Lot
  • Private Yard
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Property Views

  • Woods
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,066 Sq Ft Home
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 4305
  • Assessor Parcel Number 5767009033

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $967
  • Gardener Expense $3,000
  • Insurance Expense $1,000
  • Maintenance Expense $1,000
  • Trash Expense $938
  • Water Sewer Expense $2,200
  • New Taxes Expense $11,385
  • Gross Income $3,625
  • Net Operating Income $21,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,679

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 2200.00
  • Architectural Style: Cape Cod
  • Property Type: Residential Income
  • Gardener Expense: 3000.00
  • Parcel Number: 5767009033
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Fireplace Features: Living Room
  • Levels: Two

Exterior Features

  • View: Hills, Mountain(s), Neighborhood, Trees/Woods
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Vinyl Siding, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Trash Expense: 938.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: Back Yard, 2-5 Units/Acre, Front Yard, Landscaped, Paved, Treed Lot, Yard
  • Lot Size Sq Ft: 13410.00
  • Price Per Lot Square Foot: 74.94
  • Lot Size Acres: 0.3080

Multi Family

  • Electric Expense: 967.00
  • Gross Income: 3625.00
  • Gross Scheduled Income: 43500.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 13410.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 21500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 22000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 11385.00
  • Tax Lot: 15
  • Tax Tract Number: 4305
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2015
Closed on
May 30, 2015
Sold by
Dallas Alastair
Bought by
Dallas Margaret M
Seller's Agent
Mike Trossen
Equity Brokers
Buyer's Agent
Lu Gordon
Coldwell Banker
List Price
$990,000
Sold Price
$1,005,000
Premium/Discount to List
$15,000
1.52%
Current Estimated Value
$1,769,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$764,719
Avg. Annual Appreciation
5.42%
Original Mortgage
$550,000
Outstanding Balance
$425,533
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$1,297,876

Purchase Details

Listed on
May 6, 2015
Closed on
May 19, 2015
Sold by
Cimarusti Kevin M and The Joy J Phillips Trust
Bought by
Dallas Margaret M
Seller's Agent
Mike Trossen
Equity Brokers
Buyer's Agent
Lu Gordon
Coldwell Banker
List Price
$990,000
Sold Price
$1,005,000
Premium/Discount to List
$15,000
1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$425,533
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$1,297,876

Purchase Details

Closed on
Nov 15, 2007
Sold by
Phillips Joy J and Whitcraft John A
Bought by
Cimarusti Kevin M and Joy J Phillips Trust
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
Dallas Margaret M -- Ticor Title Company
Dallas Margaret M $1,005,000 Ticor Title
Cimarusti Kevin M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dallas Margaret M $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2015 06/12/15 Sold $1,005,000 +1.5% $486 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $990,000 -- $479 / 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 $13,679 $1,207,852 $847,301 $360,551
2024 $13,679 $1,184,170 $830,688 $353,482
2023 $13,598 $1,160,951 $814,400 $346,551
2022 $13,128 $1,138,188 $798,432 $339,756
2021 $12,596 $1,115,872 $782,777 $333,095
2020 $12,094 $1,104,431 $774,751 $329,680
2019 $12,119 $1,082,776 $759,560 $323,216
2018 $12,332 $1,061,546 $744,667 $316,879
2016 $11,888 $1,020,326 $715,751 $304,575
2015 $6,485 $539,394 $357,242 $182,152
2014 -- $528,829 $350,245 $178,584
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mike Trossen

    Equity Brokers

    (562) 434-6731

    31 Total Sales

    Mike Trossen
    Section Image

  • K

    Seller Co-Listing Agent in 2015

    Ken Trossen

    Equity Brokers

    Section Image

  • L

    Buyer's Agent in 2015

    Lu Gordon

    Coldwell Banker

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15096821

California Regional Multiple Listing Service (CRMLS)

APN: 5767-009-033

California Los Angeles County Sierra Madre 91024

312 E Grandview Ave, Sierra Madre, CA

This home is located at 312 E Grandview Ave, Sierra Madre, CA 91024 since 06 May 2015 and is currently estimated at $1,769,719, approximately $856 per square foot. This property was built in 1930. 312 E Grandview Ave is a home located in Los Angeles County with nearby schools including Sierra Madre Elementary School, Pasadena High School, and Bethany Christian 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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