J
Seller's Agent in 2024
James McDonnell
Engel & Völkers Pasadena
(626) 644-3098
2 in this area
5 Total Sales
566 W Palm St Altadena, CA 91001
Estimated Value: $533,000 - $742,904
0.38
Acre
$1,730,175
Price per Acre
16,440
Sq Ft Lot
Highlights
- View of Trees or Woods
- Property is near a park
- Park
- John Muir High School Rated A-
- Hiking Trails
- 5-minute walk to Loma Alta Park
About This Lot
As of June 2024This expansive lot of 16,441 sf is approximately 110 ft wide by 150 ft deep, making it a fantastic development opportunity. The soils report was favorable and can be seen in the documents section. Through looking at the code and confirming with the city, the owner was told that you can build a single family home of up to 5,000 sf with two ADU's of up to 1,200 sf each. Other development options include a triplex (two primary dwelling units with one ADU) or a quadplex (a duplex with two ADUs). The lot is able to be split using SB 9 into two 8,000+ sf parcels, per the owner's conversations with the sub-divisions department. In this scenario, you would be able to build a home of up to 3,000 sf and an ADU of up to 1,200 sf on each parcel (a total of two homes and two ADUs). Each parcel of home + ADU can be sold separately. The lot is located across the street from Loma Alta Park with views of the mountains as well as close proximity to great hiking trails. The park has a plethora of features including a neighborhood community garden, tennis courts, playgrounds and several other amenities. The property backs into a wooded area, creating a serene and tranquil backyard that is hard to find in Los Angeles. More information about the property can be provided upon request from the listing agent. Please check with the zoning, planning and subdivision offices to verify property and development information. With such an amazing location on a double lot sized parcel and so many development options, it is an extremely rare find for creating anything from your dream home to a four unit development.
Last Agent to Sell the Property
Engel & Völkers Pasadena License #01917344 Listed on: 04/24/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,388
Lot Details
- 0.38 Acre Lot
- Lot Dimensions are 110 x 150
- Chain Link Fence
- Rectangular Lot
- Lot Sloped Down
- No Sprinklers
- Property is zoned R-1-7500
Property Views
- Woods
- Mountain
- Park or Greenbelt
Location
- Property is near a park
Listing and Financial Details
- Tax Tract Number 460
- Assessor Parcel Number 5829012005
Community Details
Overview
- Foothills
Recreation
- Park
- Horse Trails
- Hiking Trails
- Exterior Lighting
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2024
Closed on
Jun 5, 2024
Sold by
Colich John Michael
Bought by
Shea Logan
Seller's Agent
James McDonnell
Engel & Völkers Pasadena
Buyer's Agent
Jesse Ayala
WGRES INC.
List Price
$800,000
Sold Price
$780,000
Premium/Discount to List
-$20,000
-2.5%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$127,032
Avg. Annual Appreciation
-13.99%
Original Mortgage
$500,000
Outstanding Balance
$495,997
Interest Rate
8.63%
Mortgage Type
New Conventional
Estimated Equity
$156,971
Purchase Details
Listed on
Nov 11, 2023
Closed on
Dec 8, 2023
Sold by
Silveri Revocable Living Trust
Bought by
Colich John Michael
Seller's Agent
Sallie Buckle
Engel & Völkers San Marino
Buyer's Agent
James McDonnell
Engel & Völkers Pasadena
List Price
$799,000
Sold Price
$700,000
Premium/Discount to List
-$99,000
-12.39%
Views
34
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.88%
Purchase Details
Closed on
Apr 13, 2021
Sold by
Silveri Arthur D and Silveri Elizabeth A
Bought by
Silveri Arthur D and Silveri Elizabeth
Purchase Details
Closed on
Oct 5, 2018
Sold by
Dimauro Marcello Di
Bought by
Silver Arthur D and Silveri Elizabeth A
Purchase Details
Closed on
Dec 1, 2017
Sold by
Dimauro Angela R and The Celestial Trust
Bought by
Dimauro Marcello Di
Purchase Details
Closed on
May 2, 2002
Sold by
Leonard Anita Viola
Bought by
Dimauro Angela R and Celestial Trust
Purchase Details
Closed on
Aug 20, 1997
Sold by
Hubbard Col Intl Stoller Michael T Tr Wise In
Bought by
Leonard David R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shea Logan | $780,000 | First American Title Company | |
| Shea Logan | -- | First American Title Company | |
| Colich John Michael | $700,000 | Orange Coast Title Company | |
| Silveri Arthur D | -- | None Available | |
| Silver Arthur D | $350,000 | Ticor Title Company Of Calif | |
| Dimauro Marcello Di | -- | None Available | |
| Dimauro Angela R | -- | -- | |
| Dimauro Angela R | -- | -- | |
| Leonard David R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shea Logan | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2024 06/12/24 | Sold | $780,000 | -2.5% | -- |
| 04/23/2024 04/23/24 | For Sale | $800,000 | +14.3% | -- |
| 01/04/2024 01/04/24 | Sold | $700,000 | -12.4% | -- |
| 12/19/2023 12/19/23 | Pending | -- | -- | -- |
| 11/10/2023 11/10/23 | For Sale | $799,000 | -- | -- |
Source: Pasadena-Foothills Association of REALTORS®
Tax History Compared to Growth
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 | $4,388 | $714,000 | $714,000 | -- |
| 2024 | $4,388 | $382,774 | $382,774 | -- |
| 2023 | $6,623 | $375,269 | $375,269 | $0 |
| 2022 | $5,049 | $367,911 | $367,911 | $0 |
| 2021 | $4,017 | $360,698 | $360,698 | $0 |
| 2020 | $3,857 | $357,000 | $357,000 | $0 |
| 2019 | $3,864 | $350,000 | $350,000 | $0 |
| 2018 | $4,036 | $350,000 | $350,000 | $0 |
| 2017 | $2,005 | $164,653 | $164,653 | $0 |
| 2016 | $1,970 | $161,425 | $161,425 | $0 |
| 2015 | $1,950 | $159,001 | $159,001 | $0 |
| 2014 | $1,917 | $155,887 | $155,887 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
S
Seller's Agent in 2024
Sallie Buckle
Engel & Völkers San Marino
(626) 298-0270
1 in this area
17 Total Sales
-
W
Seller Co-Listing Agent in 2024
Wayne Rog
Engel & Völkers San Marino
(626) 260-8656
1 in this area
21 Total Sales
-
J
Buyer's Agent in 2024
Jesse Ayala
WGRES INC.
(818) 340-5000
1 in this area
17 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-17372
APN: 5829-012-005
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.
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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