NOT LISTED FOR SALE

405 N 3rd St Alhambra, CA 91801

Estimated Value: $1,258,000 - $1,549,354

5 Beds
3 Baths
2,132 Sq Ft
$652/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $1,110,000 $521 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,983/month

4 Days on Market

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • Deck
  • Garfield Elementary School Rated A-
  • Peek-A-Boo Views
  • Contemporary Architecture

About This Home

As of June 2019

First time on the market in over 50 years--two gorgeously remodeled homes on a corner lot in North Alhambra! These 3 bedroom, 2 bath and 2 bedroom, 1 bath homes have been tastefully re-visioned into modern, black and white farmhouse-style gems located just blocks from San Marino. In the main house, the open floor plan from the functional kitchen island to the fireplace adorned living room is perfect for entertaining. Sip fresh-squeezed orange juice from your own orange tree as you de-stress on the deck in your private, peaceful courtyard. Both homes have brand new LG appliances to go with their completely remodeled kitchens. The NEST thermostat (main house) will help further automate those mundane tasks in your home and help improve energy savings. HUGE added bonus: per recent conversations with city planning, the lot is zoned for up to 5 units!! (buyer to verify with city) This property is THE investment opportunity for those who have missed out on the real estate uptrend over the past years. Ideal for an extended family or live in one and rent out the other-- with plenty of future investment upside! Property is conveniently close to restaurants, supermarkets, shopping, movie theaters, Costco, Home Depot, DTLA, Old Town Pasadena, and much more

Last Agent to Sell the Property

Michael Allen

Allen International Realty License #01373610 Listed on: 05/03/2019

Last Buyer's Agent

Michael Allen

Allen International Realty License #01373610

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,927

Year Built

  • Built in 1928 | Remodeled

Lot Details

  • 7,264 Sq Ft Lot
  • Corner Lot
  • Property is zoned ALRPD*

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,132 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • French Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters
  • Front Porch

Additional Features

  • Two Homes on a Lot
  • Forced Air Heating and Cooling System

Community Details

  • Not Applicable 1007242 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5338027003

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,927

Year Built

Built in 1928 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: ALRPD*
  • Architectural Style: Contemporary, Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5338027003
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2132.00
  • Stories: 1
  • Flooring: Tile, Laminate, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 520.64
  • Room Type: Main Floor Master Bedroom, Master Suite
  • Window Features: Double Pane Windows
  • Bathroom Features: Remodeled
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Two On A Lot
  • Exterior Features: Rain Gutters
  • View: Mountain(s), Peek-A-Boo
  • Patio And Porch Features: Brick, Deck, Front Porch, Rear Porch
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator, Gas Cooking, Microwave
  • Heating Type: Electric, Central, Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Inside
  • Cooling: Central Air
  • Cooling: Yes

Schools

  • School District: Alhambra

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7264.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7264.0000 Square Feet
  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2019
Closed on
May 14, 2019
Sold by
Allen William L and Allen Josette
Bought by
Elite Coco Llc
Seller's Agent
Michael Allen
Allen International Realty
Buyer's Agent
Michael Allen
Allen International Realty
List Price
$988,000
Sold Price
$1,110,000
Premium/Discount to List
$122,000
12.35%
Total Days on Market
4
Current Estimated Value
$1,389,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,339
Original Mortgage
$388,000
Outstanding Balance
$350,471
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 14, 2018
Sold by
Allen William L
Bought by
Allen William L and Allen Josette

Purchase Details

Closed on
Nov 30, 2017
Sold by
Allen William L
Bought by
Allen William L and Allen Josette
Source: Public Records

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Range of Values:

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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
Elite Coco Llc $1,110,000 First Amer Ttl Co Los Angele
Allen William L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elite Coco Llc $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $1,110,000 +12.3% $521 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $988,000 -- $463 / 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
2024 $14,927 $1,213,943 $831,169 $382,774
2023 $14,721 $1,190,141 $814,872 $375,269
2022 $14,001 $1,166,806 $798,895 $367,911
2021 $13,857 $1,143,929 $783,231 $360,698
2020 $13,783 $1,132,200 $775,200 $357,000
2019 $12,182 $71,339 $45,690 $25,649
2018 $1,450 $69,942 $44,795 $25,147
2017 $1,435 $68,571 $43,917 $24,654
2016 $1,344 $67,227 $43,056 $24,171
2015 $1,328 $66,218 $42,410 $23,808
2014 $1,331 $64,922 $41,580 $23,342
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819002073

Pasadena-Foothills Association of REALTORS®

APN: 5338-027-003