NOT LISTED FOR SALE

505 N Hermosa Ave Sierra Madre, CA 91024

Estimated Value: $1,783,000 - $2,105,000

2 Beds
2 Baths
2,141 Sq Ft
$921/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $1,688,000 $788 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $11,996/month

10 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • Sierra Madre Elementary School Rated A-
  • City Lights View
  • 5-minute walk to Bailey Canyon Wilderness Park

About This Home

As of April 2022

Take an elegant step back in time with this stunning, single-level, mid century modern stunner!
Beautifully situated in the foothills, this special property features exquisite walls of glass providing amazing panoramic views of the San Gabriel mountains and of the San Gabriel Valley to downtown Los Angeles. Its desirable location provides easy access to the area’s best hiking trails while affording convenient access to shops and restaurants in the nearby quaint Sierra Madre Village.
Wonderfully appointed views from each room bring nature and a sense of peace indoors while providing the comforts and amenities of a modern home. Newly landscaped, the rear yard features multiple patios and balconies canopied by the well known Wisteria vine that is listed in the "Guinness Book World of Records" and a sparkling pool perfect for lounging and entertaining. This home is also featured in the annual Sierra Madre Wisteria Festival.
The interior of the home is also ideal for entertaining as it is full of light and is thoughtfully laid out, allowing for a graceful flow between interior rooms and the outdoor spaces. The den’s and living room's sliding glass doors lead to a rear patio and seamlessly connects to the dining room and bright remodeled kitchen, all of which offer stunning views of the rear yard. Additional features include two fireplaces, a living room, and a large enclosed dry bar.

Last Agent to Sell the Property

David Wei

COMPASS License #01354834 Listed on: 02/08/2022

COMPASS

Last Buyer's Agent

Kevin Kwan

REALIV License #01488390

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,141

Year Built

  • Built in 1962

Lot Details

  • 0.32 Acre Lot
  • East Facing Home
  • Corner Lot
  • Sprinkler System
  • Property is zoned SRR1-CUP*

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 2,141 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Dry Bar
  • Family Room with Fireplace
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Available

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Private Water Source

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 7516
  • Assessor Parcel Number 5761006012
  • $468 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,141

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: SRR1-CUP*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5761006012
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2141.00 Square Feet
  • Interior Amenities: Dry Bar, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 788.42
  • Room Type: Master Suite

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • View: City Lights, Mountain(s)
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 13734.00
  • Lot Size Acres: 0.3153

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13734.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4305.01
  • Tax Lot: 17
  • Tax Tract Number: 7516
  • TaxOtherAnnualAssessmentAmount: 468.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2018
Sold by
Solt Robert Lorenz
Bought by
Solt Robert Lorenz and Solt Gudrun Ester
Current Estimated Value
$1,971,173

Purchase Details

Closed on
Jul 5, 2018
Sold by
Solt Robert L
Bought by
Solt Robert L and Solt Gundrun E
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
Solt Robert Lorenz -- None Available
Solt Robert Lorenz -- None Available
Solt Robert L -- None Available
Solt Robert L -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $1,688,000 +14.1% $788 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $1,480,000 +9.6% $691 / Sq Ft
04/06/2021 04/06/21 Sold $1,350,000 +12.5% $631 / Sq Ft View Prior Sale
02/28/2021 02/28/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $1,200,000 -- $560 / 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 $20,141 $1,791,318 $1,433,055 $358,263
2024 $20,141 $1,756,195 $1,404,956 $351,239
2023 $20,028 $1,721,760 $1,377,408 $344,352
2022 $15,862 $1,377,000 $1,101,600 $275,400
2021 $1,727 $122,020 $33,037 $88,983
2020 $1,672 $120,770 $32,699 $88,071
2019 $1,671 $118,403 $32,058 $86,345
2018 $1,595 $116,082 $31,430 $84,652
2016 $1,512 $111,576 $30,210 $81,366
2015 $1,488 $109,901 $29,757 $80,144
2014 $1,470 $107,750 $29,175 $78,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF22022682

California Regional Multiple Listing Service (CRMLS)

APN: 5761-006-012