NOT LISTED FOR SALE

488 Colman St Altadena, CA 91001

Estimated Value: $730,000 - $1,379,000

3 Beds
2 Baths
2,090 Sq Ft
$496/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $1,305,000 $624 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $6,489/month

56 Days on Market

Highlights

  • Art Studio
  • Primary Bedroom Suite
  • Mountain View
  • John Muir High School Rated A-
  • Updated Kitchen
  • Traditional Architecture

About This Home

As of July 2024

This gracious three bedroom, two bath 2,090 SF Spanish, including an expansive 402 SF detached bonus office or family room, sits on a quiet cul-de-sac in the beautiful Altadena foothills. The gated property invites you in with a romantic, walled courtyard that is framed by blooming bougainvillea. The Saltillo covered patio steps up to the front door that opens into the elegant interior that has been painstakingly remodeled. The gorgeous living room features gleaming hardwood floors, a central decorative fireplace with artisan tile, an enchanting rich wood mantle, a tray ceiling, recessed lighting and a large front window that frames views of our majestic San Gabriel Mountains rising in the distance. In addition, there is an inviting formal dining room, as well as a picture-perfect, renovated kitchen with butcher block counters, floating stainless steel shelving, an oversized farmhouse sink, a coffee station or wet bar, custom white cabinetry, as well as a quaint breakfast nook. Not to be missed are the three bedrooms, with two spa-like baths, including a spacious primary suite that has a bonus bump-out, as well as an attached, elegantly updated bath. This space, all in the back of the home, has an area that would work equally well as a second closet or a kitchenette so that this wing of the house could be used as a separate living space. It is easily accessed via its own private entrance off the rear of the home. Finally, there is a fantastic bonus room off the garage that has tall glass doors, an ornamental stone fireplace, skylights and a soaring vaulted ceiling. It is stunning and offers limitless possibilities.The residence, built in 1927, is sited on a deep 6,417 SF parcel and has been landscaped to offer idyllic, magazine-worthy curb appeal. The front yard beckons you in with its verdant lawn bordered by colorful annuals and the backyard is a welcoming spot to dine or relax with several entertaining areas, as well as a finely groomed bocce ball court. There is something for everyone. This is truly a wonderful place to call home. Don't miss this shining jewel in our celebrated foothill community.ALSO, this home qualifies for a program that offers interest rates approx. a point lower than the prevailing rate!

Last Agent to Sell the Property

Dhari Thein

COMPASS License #01403784 Listed on: 05/28/2024

COMPASS

Last Buyer's Agent

Steven Engle

Berkshire Hathaway HomeServices License #02194189

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,150

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 6,417 Sq Ft Lot
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Spanish Architecture
  • Mediterranean Architecture
  • Cottage
  • Bungalow
  • Raised Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 2,090 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Tray Ceiling
  • Recessed Lighting
  • Decorative Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room with Fireplace
  • Art Studio
  • Home Gym
  • Mountain Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Gas Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub with Shower

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Private Water Source

Additional Features

  • Concrete Porch or Patio
  • Suburban Location

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 4611
  • Assessor Parcel Number 5839005007

Community Details

Overview

  • No Home Owners Association
  • Foothills

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,150

Year Built

Built in 1927 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Architectural Style: Bungalow, Traditional, Spanish, Mediterranean, Cottage
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5839005007
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2090.00 Square Feet
  • Interior Amenities: Built-in Features, In-Law Floorplan, Tray Ceiling(s), Recessed Lighting
  • Stories: 1
  • Entry Location: living room
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Decorative, Living Room, Bonus Room
  • Levels: One
  • Price Per Square Foot: 597.61
  • Room Type: Art Studio, Primary Suite, Main Floor Primary Bedroom, Kitchen, All Bedrooms Down, Separate Family Room, Office, Living Room, Exercise Room, Family Room, Bonus Room
  • Bathroom Features: Remodeled, Bathtub, Shower In Tub
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Mountain(s)
  • Fence: Yes
  • Patio And Porch Features: Concrete, Patio
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Inside, In Closet
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Suburban, Hiking

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6417.00
  • Lot Size Acres: 0.1473

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6417.0000 Square Feet

Tax Info

  • Tax Lot: 22
  • Tax Tract: 4843
  • Tax Tract Number: 4611

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Jul 19, 2024
Sold by
Syms Rae Dee
Bought by
Davis Justin Alexander Re and Wong Sarah
Seller's Agent
Dhari Thein
COMPASS
Buyer's Agent
Steven Engle
Berkshire Hathaway HomeServices
List Price
$1,249,000
Sold Price
$1,305,000
Premium/Discount to List
$56,000
4.48%
Views
36
Current Estimated Value
$1,037,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$267,380
Avg. Annual Appreciation
-18.97%
Original Mortgage
$755,000
Outstanding Balance
$747,256
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$290,364

Purchase Details

Listed on
Mar 17, 2018
Closed on
May 30, 2018
Sold by
Rhoads Gerald M and Rhoads Mary E
Bought by
Syms Rae Dee
Seller's Agent
Teresa Fuller
COMPASS
Buyer's Agent
Rebecca Bonavich
Remax Omega Pasadena
List Price
$799,000
Sold Price
$775,000
Premium/Discount to List
-$24,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%
Original Mortgage
$250,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 1998
Sold by
Commonwealth Life Insurance Company
Bought by
Rhoads Gerald M and Rhoads Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.93%

Purchase Details

Closed on
Mar 2, 1998
Sold by
Mayfield David J and Commonwealth Life Insurance Co
Bought by
Commonwealth Life Insurance Company

Purchase Details

Closed on
Dec 10, 1997
Sold by
Mayfield David J
Bought by
King Judith and Ilo Inc

Purchase Details

Closed on
Oct 31, 1997
Sold by
Mayfield Linda M
Bought by
Mayfield David Jerome
Source: Public Records

Range of Values:

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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
Davis Justin Alexander Re $1,305,000 Lawyers Title
Syms Rae Dee $775,000 North American Title Company
Rhoads Gerald M $190,000 Fidelity National Title Ins
Commonwealth Life Insurance Company $180,000 First American Title Ins Co
King Judith -- --
Mayfield David Jerome -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Justin Alexander Re $755,000
Previous Owner Syms Rae Dee $184,000
Previous Owner Syms Rae Dee $300,000
Previous Owner Syms Rae Dee $150,000
Previous Owner Syms Rae Dee $250,000
Previous Owner Rhoads Gerald M $337,000
Previous Owner Rhoads Gerald M $320,000
Previous Owner Rhoads Gerald M $225,669
Previous Owner Rhoads Gerald M $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $1,305,000 +4.5% $624 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
05/27/2024 05/27/24 For Sale $1,249,000 +61.2% $598 / Sq Ft
06/04/2018 06/04/18 Sold $775,000 -3.0% $461 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
03/17/2018 03/17/18 For Sale $799,000 -- $475 / 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
2025 $10,150 $1,305,000 $1,182,300 $122,700
2024 $10,150 $864,522 $659,269 $205,253
2023 $10,062 $847,572 $646,343 $201,229
2022 $9,714 $830,954 $633,670 $197,284
2021 $9,244 $814,662 $621,246 $193,416
2019 $8,897 $790,500 $602,820 $187,680
2018 $3,380 $261,765 $129,229 $132,536
2016 $3,264 $251,603 $124,212 $127,391
2015 $3,229 $247,825 $122,347 $125,478
2014 $3,173 $242,972 $119,951 $123,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-17826

Pasadena-Foothills Association of REALTORS®

APN: 5839-005-007