NOT LISTED FOR SALE

501 N Grove St Sierra Madre, CA 91024

Estimated Value: $1,796,000 - $2,118,000

4 Beds
2 Baths
2,036 Sq Ft
$952/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $1,900,000 $933 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $12,357/month

20 Days on Market

Highlights

  • Mountain View
  • Great Room
  • Laundry Room
  • Sierra Madre Elementary School Rated A-
  • No HOA
  • Vinyl Plank Flooring

About This Home

As of July 2023

Tucked into the foot of Mt. Wilson in Sierra Madre, this California Ranch home blends seamlessly into the landscape with a 1950s-era design by celebrated architect Cliff May. Contemporary construction and materials bring out the best of May's iconic plan-book, a single-level layout featuring four bedrooms, luxe baths, a family room and generous living spaces. Chefs will love the kitchen appointed with honed countertops, open shelving and a vintage stove, all rendered in stylish neutral tones. Vaulted ceilings and exposed beams are clad in beautiful natural wood; walls of glass and clerestory windows bring glorious sunshine and extend the interior into lush, tranquil surroundings. Relax, dine, garden and play in the flat yard, your serene and private environment in this rarefied enclave. Head up the street to Bailey Canyon or hike the scenic trails of Mt. Wilson, part of the joy of Sierra Madre living that includes nearby coffee, dining, markets, and a stellar elementary school.

Last Agent to Sell the Property

Tracy Do

Coldwell Banker Realty License #01350025 Listed on: 06/21/2023

Coldwell Banker Realty

Co-Listed By

Melinda Rae

Coldwell Banker Realty License #02011155

Last Buyer's Agent

Julie Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717819

Lyon Stahl Investment Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,734

Year Built

  • Built in 1980

Lot Details

  • 9,006 Sq Ft Lot
  • Lot Dimensions are 68x125
  • Property is zoned SRR1-CUP*

Interior Spaces

  • 2,036 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Great Room
  • Family Room
  • Vinyl Plank Flooring
  • Mountain Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5761-016-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,734

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Living Area: 2036
  • Lot Acreage: 0.2067
  • Lot Dimensions: 68x125
  • Stories: 1
  • Year Built: 1980
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Vinyl Plank
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Refrigerator, Washer, Dryer, Dishwasher, Range/Oven
  • Price Per S Q F T: 932.71

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5761-016-017
  • Lot Size Area: 9006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2021
Sold by
Tran James Quai Chi and Tran Michelle Quach
Bought by
Southcom Llc
Current Estimated Value
$1,939,207

Purchase Details

Listed on
Jul 28, 2021
Closed on
Aug 20, 2021
Sold by
Meinerding Ryan W and Meinerding Rachel L
Bought by
Tran James Quai Chi and Tran Michelle Quach
Seller's Agent
Del Lile
COMPASS
Buyer's Agent
Nazee Rix
COMPASS
List Price
$1,500,000
Sold Price
$1,720,000
Premium/Discount to List
$220,000
14.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%
Original Mortgage
$1,207,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2019
Sold by
Meineding Ryan W and Meineding Rachel L
Bought by
Meineding Ryan W and Meineding Rachel L

Purchase Details

Closed on
Jun 20, 2011
Sold by
Follett Robert C and Follett Tiprin M
Bought by
Meinerding Ryan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2010
Sold by
Coelho Marsha Proud
Bought by
Follett Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2010
Sold by
Cassell Ilse and Kay S Paul Trust
Bought by
Coelho Marsha Proud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
4.93%
Mortgage Type
New Conventional
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
Southcom Llc -- None Available
Tran James Quai Chi $1,720,000 North American Title
Meineding Ryan W -- None Available
Meinerding Ryan W -- None Available
Meinerding Ryan W $700,000 Lawyers Title
Follett Robert C $649,000 Chicago Title Company
Coelho Marsha Proud -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran James Quai Chi $1,207,000
Previous Owner Tran James Quai Chi $1,207,000
Previous Owner Meinerding Ryan W $560,000
Previous Owner Follett Robert C $417,000
Previous Owner Follett Robert C $217,000
Previous Owner Coelho Marsha Proud $59,724
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $1,900,000 +0.1% $933 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $1,899,000 0.0% $933 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $1,899,000 +10.4% $933 / Sq Ft
08/26/2021 08/26/21 Sold $1,720,000 +14.7% $809 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $1,500,000 -- $706 / 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 $21,734 $1,938,000 $1,177,998 $760,002
2024 $21,734 $1,900,000 $1,154,900 $745,100
2023 $20,384 $1,754,400 $1,129,446 $624,954
2022 $19,676 $1,720,000 $1,107,300 $612,700
2021 $9,137 $794,448 $635,239 $159,209
2020 $8,777 $786,303 $628,726 $157,577
2019 $8,796 $770,887 $616,399 $154,488
2018 $8,890 $755,772 $604,313 $151,459
2016 $8,565 $726,427 $580,848 $145,579
2015 $8,271 $701,179 $572,124 $129,055
2014 $7,933 $676,010 $560,917 $115,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-283063

The MLS

APN: 5761-016-017