NOT LISTED FOR SALE

534 Brookside Ln Sierra Madre, CA 91024

Estimated Value: $1,186,000 - $1,366,000

4 Beds
4 Baths
1,414 Sq Ft
$880/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $1,045,000 $739 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,825/month

133 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Space Heater
  • Sierra Madre Elementary School Rated A-
  • Foothills

About This Home

As of July 2021

UNIT A JUST LEASTED FOR $1200, so imagine the potential to create more equity aside from the increasing market prices! Chance to own a part of history in this unique enclave of Sierra Madre. Located next to Mary's Market in the Sierra Madre Canyon area where you're surrounded by nature. The 'Kozy Korner' as it is warmly referred to by everyone features a large unit around 750 sq ft where one could live and rent out the other units. There are a total of 4 units with 3 other units all leased out and updated. The largest unit will be ready for immediate lease or move-in upon close of escrow. UNIT D IS THE LARGEST UNIT WITH A POSSIBLE RENT AROUND $1800/mo. The surrounding neighborhood offers a park-like atmosphere where one can enjoy all the outdoors have to offer and just minutes from trails. These units have always had lots of people trying to move in when there is a vacancy. Improvements to the Kozy Korner complex are as follows: New roof, plumbing work, electrical, updated units A B C & D, soundproofing, and sewer main replacement all at a cost of $120,458.

Last Agent to Sell the Property

Jeff Rimerman

Coldwell Banker Realty License #01893854 Listed on: 03/01/2021

Coldwell Banker Realty

Last Buyer's Agent

Justin Smith

Berkshire Hathaway HomeService License #02018210

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,737

Year Built

  • Built in 1922

Lot Details

  • 1,915 Sq Ft Lot
  • No Common Walls
  • No Sprinklers

Home Design

  • 1,414 Sq Ft Home
  • Quadruplex

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Space Heater

Additional Features

  • Free-Standing Range
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 5763024004

Community Details

Overview

  • 4 Units
  • Foothills

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,066
  • Maintenance Expense $536
  • Other Expense $744
  • Trash Expense $1,524
  • Water Sewer Expense $2,652
  • New Taxes Expense $7,200
  • Operating Expense $13,722
  • Gross Income $35,820
  • Net Operating Income $22,098

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,737

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: All refrigerators, stoves, washers and dryers.
  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: No
  • Water Sewer Expenses: 2652.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5763024004
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 739.04

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Refrigerator
  • Heating Type: Space Heater
  • Laundry Features: Community, Dryer Included, Washer Included
  • Sewer: Other
  • Trash Expense: 1524.00
  • Water Source: Other
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 1915.00
  • Lot Size Acres: 0.0400

Multi Family

  • Gross Income: 35820.00
  • Gross Scheduled Income: 35820.00
  • Insurance Expense: 1066.00
  • Lot Size Area: 1915.0000 Square Feet
  • Maintenance Expense: 536.00
  • Net Operating Income: 22098.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 13722.00
  • Other Expense: 744.00
  • Other Expense Description: Gas
  • Rent Control: Yes
  • Total Actual Rent: 35820.00
  • Total Expenses: 13722.00

Tax Info

  • New Taxes Expense: 7200.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2022
Sold by
Servillo Waunita M
Bought by
Waunita M Servillo Living Trust
Current Estimated Value
$1,243,813

Purchase Details

Listed on
Mar 1, 2021
Closed on
Jul 1, 2021
Sold by
Chang Chin Chien
Bought by
Chang Tania
Seller's Agent
Jeff Rimerman
Coldwell Banker Realty
Buyer's Agent
Justin Smith
Berkshire Hathaway HomeService
List Price
$1,099,000
Sold Price
$1,045,000
Premium/Discount to List
-$54,000
-4.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Original Mortgage
$468,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2021
Closed on
Jun 11, 2021
Sold by
Norman Eva
Bought by
Servillo Waunita M and Chang Tania
Seller's Agent
Jeff Rimerman
Coldwell Banker Realty
Buyer's Agent
Justin Smith
Berkshire Hathaway HomeService
List Price
$1,099,000
Sold Price
$1,045,000
Premium/Discount to List
-$54,000
-4.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2011
Sold by
Follett Sally A
Bought by
Norman Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,311
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2008
Sold by
Follett Sally A
Bought by
Follett Sally A and Donald & Sally Follett Survivors Trust

Purchase Details

Closed on
Feb 27, 2006
Sold by
Follett Sally A
Bought by
Follett Donald C and Follett Sally A

Purchase Details

Closed on
Dec 8, 2005
Sold by
Follett Donald C
Bought by
Follett Sally A

Purchase Details

Closed on
Oct 7, 2005
Sold by
Levay Thomas E
Bought by
Follett Sally A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
2.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 28, 1999
Sold by
Levay Thomas E
Bought by
Levay Thomas E and Levay Nancy E

Purchase Details

Closed on
May 24, 1994
Sold by
Levay Thomas E
Bought by
Levay Thomas E and Levay Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
7.25%
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
Waunita M Servillo Living Trust -- Hart Mieras & Morris Inc
Chang Tania -- Equity Title Los Angeles
Servillo Waunita M $1,045,000 Equity Title Los Angeles
Norman Eva $540,000 Old Republic Title Company
Follett Sally A -- None Available
Follett Donald C -- None Available
Follett Sally A -- Southland Title Corporation
Follett Sally A $700,000 Southland Title
Levay Thomas E -- --
Levay Thomas E -- Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Servillo Waunita M $468,000
Previous Owner Norman Eva $516,655
Previous Owner Norman Eva $520,785
Previous Owner Norman Eva $526,311
Previous Owner Follett Sally A $487,500
Previous Owner Levay Thomas E $151,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $1,045,000 -4.9% $739 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $1,099,000 -- $777 / 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 $12,737 $1,108,960 $665,376 $443,584
2024 $12,737 $1,087,217 $652,330 $434,887
2023 $12,659 $1,065,900 $639,540 $426,360
2022 $12,221 $1,045,000 $627,000 $418,000
2021 $7,519 $639,143 $383,487 $255,656
2020 $7,229 $632,590 $379,555 $253,035
2019 $7,240 $620,187 $372,113 $248,074
2018 $7,389 $608,027 $364,817 $243,210
2016 $7,121 $584,418 $350,651 $233,767
2015 $7,008 $575,640 $345,384 $230,256
2014 $6,873 $564,365 $338,619 $225,746
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jeff Rimerman

    Coldwell Banker Realty

    (626) 354-5941

    1 in this area

    25 Total Sales

    Jeff Rimerman
    Section Image

  • J

    Buyer's Agent in 2021

    Justin Smith

    Berkshire Hathaway HomeService

See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-3556

Pasadena-Foothills Association of REALTORS®

APN: 5763-024-004

California Los Angeles County Sierra Madre 91024

534 Brookside Ln, Sierra Madre, CA

This home is located at 534 Brookside Ln, Sierra Madre, CA 91024 since 01 March 2021 and is currently estimated at $1,243,813, approximately $879 per square foot. This property was built in 1922. 534 Brookside Ln is a home located in Los Angeles County with nearby schools including Sierra Madre Elementary School, Pasadena High School, and Bethany Christian 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.

Pasadena-Foothills Association of REALTORS® 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.

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