NOT LISTED FOR SALE

581 E Palm St Altadena, CA 91001

Estimated Value: $625,000 - $1,296,595

3 Beds
2 Baths
1,779 Sq Ft
$488/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $1,320,000 $742 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $4,768/month

7 Days on Market

Highlights

  • Private Pool
  • Panoramic View
  • Main Floor Bedroom
  • All Bedrooms Downstairs
  • Open Floorplan
  • Bonus Room

About This Home

As of October 2024

Step into this charming 3-bedroom, 2-bath home located in the highly desirable Altadena neighborhood, just steps from Christmas Tree Lane. Inside, you’ll find a bright, open living space filled with natural light, perfect for relaxing or entertaining. The spacious kitchen offers plenty of counter space and cabinetry, ideal for home-cooked meals. Both bedrooms are generously sized, with the primary bedroom featuring an en-suite bath for added comfort. A bonus room provides extra versatility—perfect for a home office, guest room, or creative space. The home’s seamless flow extends to the expansive yard, where a sparkling pool awaits for family gatherings and summer fun. This property offers the perfect blend of indoor and outdoor living in a fantastic location!

Last Agent to Sell the Property

Vartan Achabahian

Prospect Group Inc. Brokerage Email: vartan@prospectgroup.net License #01728975 Listed on: 09/24/2024

Last Buyer's Agent

Robert Estrada

Prospect Group Inc. License #01880417

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 8,525 Sq Ft Lot
  • Property fronts a highway
  • Sprinklers on Timer
  • Density is up to 1 Unit/Acre
  • Property is zoned LCR175

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Driveway

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Pool

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,779 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Storage
  • Vinyl Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Gas Oven
  • Gas Range
  • Self-Closing Drawers

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • All Bedrooms Down
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Private Pool
  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4602
  • Tax Tract Number 126
  • Assessor Parcel Number 5841016014
  • $680 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Valley

Recreation

  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Access Road, City Street, Highway
  • Security: Carbon Monoxide Detector(s)
  • View: Yes
  • Zoning: LCR175
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5841016014
  • Year Built: 1950
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1779.00 Square Feet
  • Interior Amenities: Open Floorplan, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 741.99
  • Room Type: All Bedrooms Down, Bonus Room, Living Room, Main Floor Bedroom, Sun
  • Room Kitchen Features: Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s), Panoramic, Pool
  • Patio And Porch Features: Covered, Enclosed, Screened
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Private
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Hiking, Park, Sidewalks, Street Lights, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 8525.00
  • Lot Size Acres: 0.1957

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8525.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4602.00
  • Tax Lot: 4602
  • Tax Tract Number: 126
  • TaxOtherAnnualAssessmentAmount: 680.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2024
Closed on
Oct 9, 2024
Sold by
Masis Holdings Llc
Bought by
Yang Jason Qi and Xia Wei Li
Seller's Agent
Vartan Achabahian
Prospect Group Inc.
Buyer's Agent
Robert Estrada
Prospect Group Inc.
List Price
$1,299,000
Sold Price
$1,320,000
Premium/Discount to List
$21,000
1.62%
Views
13
Current Estimated Value
$892,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$427,468
Avg. Annual Appreciation
-28.14%

Purchase Details

Closed on
Jul 24, 2024
Sold by
Jean Ann Brooks Revocable Trust and Perez Le Tisdale
Bought by
Masis Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
6.87%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 22, 2024
Sold by
Jean Ann Brooks Revocable Trust and Perez Le Tisdale
Bought by
Masis Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
6.87%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 29, 2002
Sold by
Brooks Jean Ann
Bought by
Brooks Jean Ann and Jean Ann Brooks Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yang Jason Qi $1,320,000 Chicago Title Company
Masis Holdings Llc $890,000 Chicago Title Company
Masis Holdings Llc $890,000 Chicago Title Company
Brooks Jean Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Masis Holdings Llc $810,000
Previous Owner Masis Holdings Llc $810,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $1,320,000 +1.6% $742 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
09/24/2024 09/24/24 For Sale $1,299,000 -- $730 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $1,493 $600,600 $600,600 --
2024 $1,493 $80,224 $21,121 $59,103
2023 $1,474 $78,652 $20,707 $57,945
2022 $1,431 $77,110 $20,301 $56,809
2021 $1,312 $75,599 $19,903 $55,696
2019 $1,272 $73,358 $19,313 $54,045
2018 $1,197 $71,921 $18,935 $52,986
2016 $1,142 $69,130 $18,200 $50,930
2015 $1,128 $68,092 $17,927 $50,165
2014 $1,121 $66,759 $17,576 $49,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD24197649

California Regional Multiple Listing Service (CRMLS)

APN: 5841-016-014