NOT LISTED FOR SALE

531 W Sierra Madre Blvd Sierra Madre, CA 91024

Estimated Value: $2,459,000 - $2,819,000

7 Beds
5 Baths
4,133 Sq Ft
$643/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $1,405,000 $340 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $16,056/month

61 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Central Air
  • Sierra Madre Elementary School Rated A-
  • Two Homes on a Lot
  • 5-minute walk to Milton & Harriet Goldberg Recreation Area

About This Home

As of August 2015

This home is located at 531 W Sierra Madre Blvd, Sierra Madre, CA 91024 since 13 May 2015 and is currently estimated at $2,658,209, approximately $643 per square foot. This property was built in 1947. 531 W Sierra Madre Blvd is a home located in Los Angeles County with nearby schools including Sierra Madre Elementary School, Pasadena High School, and Bethany Christian School.

Last Agent to Sell the Property

James Wilson

COMPASS License #01401456 Listed on: 05/13/2015

COMPASS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,871

Year Built

  • Built in 1947

Lot Details

  • 0.28 Acre Lot
  • No Common Walls
  • Fenced

Parking

  • 1 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Traditional Architecture
  • Split Level Home
  • Frame Construction
  • Stucco

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Additional Features

  • Two Homes on a Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 5768016013

Community Details

Overview

  • 4 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,871

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • View: No
  • Zoning: SRRPYY
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5768016013
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 350.83

Exterior Features

  • Other Structures: Two On A Lot
  • Fence: Yes
  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 1.00

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12354.00
  • Lot Size Acres: 0.2836

Multi Family

  • Lot Size Area: 12354.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2015
Closed on
Jun 30, 2015
Sold by
Brown Warren S and Janet A Brown Decedents Trust
Bought by
Gumpertz Richard H and Rowinsky Karen
Seller's Agent
James Wilson
COMPASS
List Price
$1,450,000
Sold Price
$1,405,000
Premium/Discount to List
-$45,000
-3.1%
Current Estimated Value
$2,658,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,253,209
Avg. Annual Appreciation
6.26%
Original Mortgage
$861,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 5, 2014
Sold by
Brown Warren
Bought by
Brown Warren S and Janet A Brown Decedents Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,500
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 14, 2012
Sold by
Brown Warren S
Bought by
Brown Warren S and Janet A Brown Decedents Trust

Purchase Details

Closed on
Jul 26, 2005
Sold by
Wendt Mark E
Bought by
Brown Warren S and Brown Janet A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.48%
Mortgage Type
Unknown

Purchase Details

Closed on
May 13, 2005
Sold by
Wendt Brenda A
Bought by
Wendt Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 8, 2001
Sold by
Clarizio Giuseppe and Clarizio Andrea
Bought by
Wendt Mark E and Wendt Brenda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
7.25%
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
Gumpertz Richard H $1,405,000 Fidelity Sherman Oaks
Brown Warren S -- Equity Title
Brown Warren -- Equity Title
Brown Warren S -- None Available
Brown Warren S $1,250,000 --
Wendt Mark E -- Chicago Title Co
Wendt Mark E $495,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gumpertz Richard H $751,000
Closed Gumpertz Richard H $861,000
Previous Owner Brown Warren $489,500
Previous Owner Brown Warren S $125,000
Previous Owner Brown Warren S $552,500
Previous Owner Wendt Mark E $100,000
Previous Owner Wendt Mark E $187,000
Previous Owner Wendt Mark E $590,000
Previous Owner Wendt Mark E $390,000
Previous Owner Wendt Mark $93,250
Previous Owner Wendt Mark E $396,000
Previous Owner Clarizio Giuseppe $237,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2015 08/07/15 Sold $1,405,000 -3.1% $340 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $1,450,000 -- $351 / 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 $18,871 $1,663,228 $994,386 $668,842
2024 $18,871 $1,630,617 $974,889 $655,728
2023 $18,763 $1,598,645 $955,774 $642,871
2022 $18,116 $1,567,300 $937,034 $630,266
2021 $17,375 $1,536,569 $918,661 $617,908
2020 $16,681 $1,520,815 $909,242 $611,573
2019 $16,719 $1,490,996 $891,414 $599,582
2018 $16,979 $1,461,762 $873,936 $587,826
2016 $16,430 $1,405,000 $840,000 $565,000
2015 $16,607 $1,421,329 $909,651 $511,678
2014 $16,247 $1,393,488 $891,833 $501,655
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315004746

Pasadena-Foothills Association of REALTORS®

APN: 5768-016-013