NOT LISTED FOR SALE

322 E Montecito Ave Sierra Madre, CA 91024

Estimated Value: $1,724,000 - $1,948,000

3 Beds
3 Baths
2,304 Sq Ft
$795/Sq Ft Est. Value

Last Sold February 25, 2020

Last sale price $1,250,000 $543 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $10,814/month

139 Days on Market

Highlights

  • Pebble Pool Finish
  • Midcentury Modern Architecture
  • High Ceiling
  • Sierra Madre Elementary School Rated A-
  • Wood Flooring
  • Great Room

About This Home

As of February 2020

A More Attractive Price and a Must see! Looking for privacy with a pool and circular driveway? This mid-century is located on a private-like driveway, with only access to your property and all the privacy you could ask for in a backyard with pool and spa. Enter this fabulous home that has a huge great room, opened to the kitchen and dining area. The great room has two sliding glass doors that lead to the pool and spa with wonderful hardscape for entertaining. There is a three quarters bath that is available to the backyard area. An office/den room is next to this bathroom. The three spacious bedrooms are on the other side of the house and the master bedroom also has access to the backyard. The master bathroom has a dual head shower and dual sinks. The kitchen and living area is an entertainer's heaven! It is fully equipped with an over sized refrigerator, chefs stove and a commercial grade icemaker to make sure your drinks are cold! There is an island that over sees the great room and the pool through the sliding glass doors. It is near Downtown Sierra Madre, mountain trails, the home of countless media productions and the fwy (without being right next to it!). Come view this oasis to call your home!

Last Agent to Sell the Property

Margaret Mar

Berkshire Hathaway Home Servic License #01374537 Listed on: 09/27/2019

Berkshire Hathaway Home Servic

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 9,917 Sq Ft Lot
  • Property fronts a private road
  • Wrought Iron Fence
  • Block Wall Fence
  • Rectangular Lot
  • Front Yard Sprinklers
  • Property is zoned SRR175

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • On-Street Parking

Home Design

  • Midcentury Modern Architecture
  • Traditional Architecture
  • Plaster

Interior Spaces

  • 2,304 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights
  • Raised Hearth
  • French Mullion Window
  • Sliding Doors
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Tile Bathroom Countertop

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Pebble Pool Finish
  • In Ground Pool

Outdoor Features

  • Concrete Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5767012025

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: Private Road
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: SRR175
  • Architectural Style: Mid Century Modern, Ranch, Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5767012025
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2304.00
  • Interior Amenities: High Ceilings
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace Features: Family Room, Living Room, Raised Hearth
  • Levels: One
  • Price Per Square Foot: 542.53
  • Room Type: Great Room
  • Window Features: French/Mullioned, Skylight(s)
  • Bathroom Features: Granite Counters, Tile Counters
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Patio And Porch Features: Concrete, Patio Open
  • Pool Features: In Ground, Pebble
  • Pool Private: No
  • Construction Materials: Plaster

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Street
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Closet, Inside
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Rectangular Lot, Sprinkler System, Sprinklers In Front
  • Lot Size Sq Ft: 9917.00
  • Lot Size Acres: 0.2300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9917.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Feb 4, 2020
Sold by
Nadjar Shelly
Bought by
Nadjar Hossein
Seller's Agent
Margaret Mar
Berkshire Hathaway Home Servic
List Price
$9,262,019
Sold Price
$1,250,000
Premium/Discount to List
-$8,012,019
-86.5%
Current Estimated Value
$1,832,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$582,679
Avg. Annual Appreciation
6.68%
Original Mortgage
$750,000
Outstanding Balance
$662,655
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,170,024

Purchase Details

Listed on
Sep 27, 2019
Closed on
Jan 14, 2020
Sold by
Nucompass Mobilit Services Inc
Bought by
Nadjar Hossein
Seller's Agent
Margaret Mar
Berkshire Hathaway Home Servic
List Price
$9,262,019
Sold Price
$1,250,000
Premium/Discount to List
-$8,012,019
-86.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$662,655
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,170,024

Purchase Details

Closed on
Sep 23, 2019
Sold by
Mayo Jacquie
Bought by
Nucompass Mobility Services Inc

Purchase Details

Closed on
Sep 6, 2005
Sold by
Mayo Alan
Bought by
Mayo Jacquie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.51%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 1, 2005
Sold by
Cosso Frank
Bought by
Mayo Jacquie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.51%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 26, 2001
Sold by
Cosso Frank T and Cosso Robert S
Bought by
Cosso Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.09%

Purchase Details

Closed on
Sep 27, 1994
Sold by
Cosso Bernice D
Bought by
Cosso Bernice D and The Bernice D Cosso Revocable
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
Nadjar Hossein -- Chicago Title Company
Nadjar Hossein $1,250,000 Chicago Title Company
Nucompass Mobility Services Inc $1,250,000 Chicago Title
Mayo Jacquie -- First American Title Company
Mayo Jacquie $900,000 First American Title Company
Cosso Frank $216,818 American Title Co
Cosso Bernice D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nadjar Hossein $750,000
Previous Owner Mayo Jacquie $700,000
Previous Owner Cosso Frank $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2020 02/25/20 Sold $1,250,000 -3.5% $543 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
11/29/2019 11/29/19 Price Changed $1,295,000 -4.1% $562 / Sq Ft
09/27/2019 09/27/19 Price Changed $1,350,000 -85.4% $586 / Sq Ft
09/27/2019 09/27/19 For Sale $9,262,019 -- $4,020 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $15,450 $1,367,053 $956,938 $410,115
2024 $15,450 $1,340,249 $938,175 $402,074
2023 $15,361 $1,313,971 $919,780 $394,191
2022 $14,830 $1,288,208 $901,746 $386,462
2021 $14,230 $1,262,950 $884,065 $378,885
2020 $12,668 $1,149,160 $899,682 $249,478
2019 $12,698 $1,126,629 $882,042 $244,587
2018 $12,854 $1,104,540 $864,748 $239,792
2016 $12,394 $1,061,652 $831,170 $230,482
2015 $12,205 $1,045,706 $818,686 $227,020
2014 $11,939 $1,025,223 $802,650 $222,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819004518

Pasadena-Foothills Association of REALTORS®

APN: 5767-012-025