NOT LISTED FOR SALE

450 Fairview Ave Sierra Madre, CA 91024

Estimated Value: $1,448,000 - $1,526,000

2 Beds
2 Baths
1,334 Sq Ft
$1,115/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $1,300,000 $975 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,050/month

3 Days on Market

Highlights

  • Primary Bedroom Suite
  • Midcentury Modern Architecture
  • Near a National Forest
  • Sierra Madre Elementary School Rated A-
  • Mountain View
  • 4-minute walk to Bailey Canyon Wilderness Park

About This Home

As of November 2022

CHARMING, MID-CENTURY WITH A TOUCH OF ART DECO.
Lush greenery and mature trees envelope this charming mid-century cottage located in
a prime area of the highly sought-after city of Sierra Madre. Freshly painted and
polished, it presents a picture of comfort and livability from the moment you enter. This
home was built in 1957 by a colorful inventor and holder of many patents (primarily in
the auto industry), Benjamin Schmidt, whose collaborators included the Gillette family
in the 1920’s. Art deco enhancements throughout the home include light fixtures, wall
and ceiling moldings as well as the cover plates for the light switches and a transom
window in the den (which was originally built as a movie room!). A cozy fireplace
anchors the living room and hardwood floors grace the majority of the home. This is a
light-filled home with ample windows to view the stately San Gabriel Mountains to the
north. The rear yard offers many areas for outdoor dining, entertainment and
recreation. There are two prolific Fuerte avocado trees which provide the basis for the
best tasting guacamole and will make you the envy (and most popular!) of the
neighborhood! The current seller is only the second owner of this lovingly cared for
haven. This is your opportunity to become its next caretaker!

Last Agent to Sell the Property

Jan Greteman

Compass License #01943630 Listed on: 10/13/2022

Compass

Co-Listed By

Katherine Orth

Compass License #00942500

Last Buyer's Agent

Pamela Cimino

Berkshire Hathaway HomeService License #01730614

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,217

Year Built

  • Built in 1957

Lot Details

  • 8,314 Sq Ft Lot
  • Drip System Landscaping
  • Rectangular Lot
  • Sprinkler System
  • Wooded Lot
  • Back and Front Yard
  • Density is 2-5 Units/Acre
  • Property is zoned SRR175

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger
  • Parking Available
  • Driveway

Home Design

  • Midcentury Modern Architecture
  • Turnkey

Interior Spaces

  • 1,334 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Den
  • Bonus Room
  • Wood Flooring
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Additional Features

  • No Interior Steps
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 7516
  • Assessor Parcel Number 5761019008

Community Details

Overview

  • No Home Owners Association
  • Near a National Forest
  • Foothills

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,217

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: SRR175
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5761019008
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1334.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: No Interior Steps
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 974.51
  • Room Type: All Bedrooms Down, Bonus Room, Den, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Electric Vehicle Charging Station(s)
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Blm/National Forest, Foothills, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Landscaped, Lot 6500-9999, Rectangular Lot, Sprinkler System, Sprinklers Drip System, Treed Lot
  • Lot Size: 8314
  • Lot Size Sq Ft: 8314.00
  • Lot Size Acres: 0.1909

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8314.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4305.01
  • Tax Lot: 20
  • Tax Tract Number: 7516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2024
Sold by
Mendez Llaneta Bienclaro and Parrot Sandra
Bought by
Richard M Hutchinson And Annette E Hutchinson and Hutchinson
Current Estimated Value
$1,486,934

Purchase Details

Listed on
Oct 13, 2022
Closed on
Oct 24, 2022
Sold by
Steingart Arthur and Steingart Amanda
Bought by
Mendez Llaneta Bienclaro and Parrotta Llaneta Sandra
Seller's Agent
Jan Greteman
Compass
Buyer's Agent
Pamela Cimino
Berkshire Hathaway HomeService
List Price
$1,198,000
Sold Price
$1,300,000
Premium/Discount to List
$102,000
8.51%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$1,170,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2020
Closed on
Oct 24, 2020
Sold by
Schmidt Toreen M and Schmidt Community Property Rev
Bought by
Steingart Arthur and Steingart Amanda
Seller's Agent
Jean-Carlo Fernandez
Compass
Buyer's Agent
Tony Dowdy
Coldwell Banker Realty
List Price
$899,000
Sold Price
$910,500
Premium/Discount to List
$11,500
1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.81%
Original Mortgage
$728,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2012
Sold by
Schmidt Toreen M and The 2008 Schmidt Community Pro
Bought by
Schmidt Toreen M and The 2008 Schmidt Community Property Revo

Purchase Details

Closed on
Nov 13, 2008
Sold by
Schmidt Benjamin J and Schmidt Toreen M
Bought by
Schmidt Benjamin J
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
Richard M Hutchinson And Annette E Hutchinson $1,450,000 Lawyers Title
Mendez Llaneta Bienclaro $1,300,000 Lawyers Title
Steingart Arthur $910,500 Lawyers Title
Schmidt Toreen M -- None Available
Schmidt Benjamin J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendez Llaneta Bienclaro $1,170,000
Previous Owner Steingart Arthur $728,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2022 11/10/22 Sold $1,300,000 +8.5% $975 / Sq Ft
10/16/2022 10/16/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $1,198,000 +31.6% $898 / Sq Ft
11/20/2020 11/20/20 Sold $910,500 +1.3% $683 / Sq Ft View Prior Sale
10/17/2020 10/17/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $899,000 -- $674 / 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 $15,217 $1,352,520 $1,082,016 $270,504
2024 $15,217 $1,326,000 $1,060,800 $265,200
2023 $15,130 $1,300,000 $1,040,000 $260,000
2022 $10,666 $928,710 $742,968 $185,742
2021 $10,235 $910,500 $728,400 $182,100
2020 $1,293 $95,022 $44,974 $50,048
2019 $1,291 $93,160 $44,093 $49,067
2018 $1,244 $91,334 $43,229 $48,105
2016 $1,183 $87,789 $41,551 $46,238
2015 $1,163 $86,471 $40,927 $45,544
2014 $1,148 $84,778 $40,126 $44,652
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22187935

California Regional Multiple Listing Service (CRMLS)

APN: 5761-019-008