NOT LISTED FOR SALE

Estimated Value: $1,520,000 - $2,071,000

3 Beds
2 Baths
1,516 Sq Ft
$1,209/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $1,780,888 $1,175 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $11,863/month

60 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • 2 Car Attached Garage
  • Mt. Washington Elementary Rated A-
  • No HOA
  • Bathtub

About This Home

As of June 2022

Offering emotionally compelling design bursting with sophisticated details and materials, 4115 Palmero Drive is a tranquil Mount Washington oasis that awaits a peaceful life of ease and beauty. Fully reimagined, the three-bedroom, two-bathroom residence utilizes light oak wood and plaster and features brand new carpentry, appliances, fixtures and seamless built-ins. Indoor and outdoor spaces merge to curate an iconic L.A. lifestyle that showcases captivating views.The spirit of the original midcentury design stands true; the home's timeless facade melds with design updates from noted architectural firm OWIU. Inside, enjoy a dining area, an elegant kitchen with a spacious island and breakfast bar, LG matte black smart appliances, Brizo fixtures and boutique tiles. Connected is the chic living room where floor-to-ceiling windows bring in an abundance of natural light.Each bedroom provides its own zen atmosphere. The primary suite includes custom built-in wardrobes, a bed platform, amazing views, a beautiful bathroom with a double vanity and a deck that leads to a meticulously manicured Japanese garden with bonsai and maple trees. Outside, the fully reimagined hardscaped backyard features fresh pathways and gardening beds. A gate leads to the lower portion of the property. A large open space has a sculptural staircase and custom wood bench surrounding a fire pit.A two-car garage adds convenience and the coveted location is minutes from the happenings of Highland Park. Enjoy coffee shops, restaurants and bars at your fingertips. Nearby is Mount Washington Elementary, which has consistently remained one of the best schools in the district and state. The perfect blend of form and function, style and substance--the possibilities are endless within these walls.

Last Agent to Sell the Property

Yonathan Baltazar

COMPASS License #01991889 Listed on: 04/01/2022

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,488

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 8,396 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • No Sprinklers

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Mountain
  • Hills

Home Design

  • Raised Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,516 Sq Ft Home
  • Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Concrete Porch or Patio
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 5475002047

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,488

Year Built

Built in 1955 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5475002047
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1516.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Levels: One
  • Price Per Square Foot: 1174.73
  • Room Type: Primary Bedroom, Primary Bathroom
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Raised
  • View: Hills, Mountain(s)
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete, Wood
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Spa: No

Garage/Parking

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

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 8396.00
  • Lot Size Acres: 0.1927

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8396.0000 Square Feet

Tax Info

  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 15, 2021
Sold by
2017 2 Ih Borrower Lp
Bought by
Kj Pal Mero Llc
Seller's Agent
Jessica Nieto
eXp Realty of California Inc
Buyer's Agent
Yonathan Canete Baltazar
COMPASS
List Price
$889,000
Sold Price
$932,000
Premium/Discount to List
$43,000
4.84%
Current Estimated Value
$1,833,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$901,255
Avg. Annual Appreciation
15.10%

Purchase Details

Closed on
Nov 9, 2017
Sold by
2017-2 Ih Borrower Lp
Bought by
2017-2 Ih Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$865,027,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2012
Sold by
Plimpton John H
Bought by
Thr California Lp

Purchase Details

Closed on
Sep 10, 2003
Sold by
Plimpton John H and John H Plimpton Trust
Bought by
Plimpton John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2002
Sold by
Plimpton John H
Bought by
Plimpton John H and The John H Plimpton 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
Kj Pal Mero Llc $932,000 Fidelity National Title
2017-2 Ih Borrower Lp -- None Available
Thr California Lp $493,000 Fidelity National Title Co
Plimpton John H -- Old Republic Title
Plimpton John H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2017-2 Ih Borrower Lp $865,027,000
Previous Owner 2014-3 Ih Borrower Lp $769,322,000
Previous Owner Plimpton John H $393,647
Previous Owner Plimpton John H $417,000
Previous Owner Plimpton John H $378,000
Previous Owner Plimpton John H $100,000
Previous Owner Plimpton John H $200,000
Previous Owner Plimpton John H $256,500
Previous Owner Plimpton John H $100,000
Previous Owner Plimpton John H $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $1,780,888 -5.7% $1,175 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $1,888,000 +102.6% $1,245 / Sq Ft
03/31/2021 03/31/21 Sold $932,000 +4.8% $615 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $889,000 0.0% $586 / Sq Ft
04/03/2014 04/03/14 Rented $3,000 -14.9% --
03/26/2014 03/26/14 Under Contract -- -- --
10/22/2013 10/22/13 For Rent $3,525 -- --
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
2025 $22,488 $1,889,903 $1,292,338 $597,565
2024 $22,488 $1,852,848 $1,266,999 $585,849
2023 $22,047 $1,816,518 $1,242,156 $574,362
2022 $11,334 $950,640 $714,000 $236,640
2021 $8,723 $721,590 $507,151 $214,439
2020 $8,810 $714,192 $501,951 $212,241
2019 $6,630 $544,218 $419,481 $124,737
2018 $6,582 $533,548 $411,256 $122,292
2017 $6,437 $523,088 $403,193 $119,895
2016 $6,466 $527,930 $406,100 $121,830
2015 $6,372 $505,131 $389,351 $115,780
2014 $6,222 $495,238 $381,725 $113,513
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-8882

Pasadena-Foothills Association of REALTORS®

APN: 5475-002-047