NOT LISTED FOR SALE

485 Palmetto Dr Pasadena, CA 91105

Lower Arroyo Neighborhood

Estimated Value: $4,310,796 - $5,022,000

6 Beds
5.5 Baths
4,728 Sq Ft
$997/Sq Ft Est. Value

Last Sold November 07, 2018

Last sale price $3,455,000 $731 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $29,156/month

8 Days on Market

Highlights

  • In Ground Pool
  • Craftsman Architecture
  • Wood Flooring
  • Blair High School Rated A-
  • Living Room with Fireplace
  • Loft

About This Home

As of November 2018

Amazing, 120-year-old example of Craftsman architecture, brought back to life in 1998, undergoing an extensive renovation and expansion of the highest caliber resulting in six bedrooms and six bathrooms, new pool with overflow system, reinforced and retrofitted foundation, brand new garage house with finished loft, and over 1,300 sf of new living area. Elegant, restored woodwork throughout highlight generous living spaces, formal dining room, butler's pantry and seamlessly maintain the warm, traditional feel throughout the house. Master Suite, encompassing almost half of the second story, with balcony, large walk-in closet and sitting room. Five additionally exquisite bedrooms, high ceilings and abundant windows and doors provide a flood of natural light and an atmosphere of peace. In addition to luxury finishes and appliances, the home is complete with a finished basement and is perfectly located among shops, restaurants, outstanding schools and medical facilities.

Last Agent to Sell the Property

Alison MacCracken

Compass License #01920182 Listed on: 09/18/2018

Compass

Last Buyer's Agent

Victoria Cruz-Christian

Equity Union License #01887799

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,539

Year Built

  • Built in 1899

Lot Details

  • 0.35 Acre Lot
  • Property is zoned PSR4

Home Design

  • Craftsman Architecture

Interior Spaces

  • 4,728 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • Loft
  • Wood Flooring
  • Alarm System
  • Laundry Room
  • Basement

Kitchen

  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5714-007-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,539

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 4728
  • Probate: No
  • Stories: 2
  • Year Built: 1899
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 6
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Ceiling Fan, Dishwasher, Garbage Disposal, Hood Fan, Ice Maker, Range/Oven, Refrigerator, Water Filter
  • Price Per S Q F T: 739.21

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5714-007-005
  • Geocode Override: No
  • Lot Size Area: 15387

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2021
Sold by
Chang Chiou Fu and Chang Annie
Bought by
Xiao Gutlan and Qu Zhaoxia
Current Estimated Value
$4,715,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 18, 2018
Closed on
Oct 4, 2018
Sold by
Jacobs Diane C
Bought by
Chang Chiou Fu and Chang Annie
Seller's Agent
Alison MacCracken
Compass
Buyer's Agent
Victoria Cruz-Christian
Equity Union
List Price
$3,495,000
Sold Price
$3,455,000
Premium/Discount to List
-$40,000
-1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$1,500,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 15, 2006
Sold by
Jacobs Paul G
Bought by
Jacobs Diane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.36%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 14, 1998
Sold by
Walmsley Vassallo Caroline L
Bought by
Jacobs Paul G and Jacobs Diane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.05%

Purchase Details

Closed on
Aug 15, 1997
Sold by
Walmsley Vassallo Caroline L
Bought by
Vassallo Salvatore Anthony and Walmsley Vassallo Caroline Leland
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Xiao Gutlan $3,575,000 Chicago Title Company
Chang Chiou Fu $3,455,000 Lawyers Title
Jacobs Diane C -- None Available
Jacobs Paul G $870,000 Chicago Title
Vassallo Salvatore Anthony -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xiao Gutian $2,379,000
Closed Xiao Gutian $200,000
Closed Xiao Gutlan $2,460,000
Previous Owner Chang Chiou Fu $1,500,000
Previous Owner Jacobs Diane C $200,000
Previous Owner Jacobs Diane C $200,000
Previous Owner Jacobs Paul G $100,000
Previous Owner Jacobs Paul G $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2018 11/07/18 Sold $3,455,000 -1.1% $731 / Sq Ft
09/18/2018 09/18/18 For Sale $3,495,000 -- $739 / Sq Ft
Source: The MLS

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 $41,539 $3,793,816 $2,214,315 $1,579,501
2024 $41,539 $3,719,429 $2,170,898 $1,548,531
2023 $41,195 $3,646,500 $2,128,332 $1,518,168
2022 $39,748 $3,575,000 $2,086,600 $1,488,400
2021 $38,779 $3,560,609 $1,755,983 $1,804,626
2019 $37,296 $3,455,000 $1,703,900 $1,751,100
2018 $17,317 $1,514,405 $639,218 $875,187
2016 $16,760 $1,455,601 $614,398 $841,203
2015 $16,578 $1,433,738 $605,170 $828,568
2014 $16,219 $1,405,654 $593,316 $812,338
Source: Public Records

Agents Affiliated with this Home

  • Alison MacCracken

    Seller's Agent in 2018

    Alison MacCracken

    Compass

    (310) 481-6262

    36 Total Sales

    Alison MacCracken
    Section Image
  • Victoria Cruz-Christian

    Buyer's Agent in 2018

    Victoria Cruz-Christian

    Equity Union

    (310) 254-8124

    1 in this area

    93 Total Sales

    Victoria Cruz-Christian
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-387706

The MLS

APN: 5714-007-005

California Los Angeles County Pasadena 91105 Lower Arroyo

485 Palmetto Dr, Pasadena, CA

This home is located at 485 Palmetto Dr, Pasadena, CA 91105 since 18 September 2018 and is currently estimated at $4,715,699, approximately $997 per square foot. This property was built in 1899. 485 Palmetto Dr is a home located in Los Angeles County with nearby schools including McKinley School, Blair High School, and The Waverly 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes