NOT LISTED FOR SALE

587 S Hill Ave Pasadena, CA 91106

Southeast Pasadena Neighborhood

Estimated Value: $6,277,000 - $9,609,290

6 Beds
7 Baths
6,418 Sq Ft
$1,164/Sq Ft Est. Value

Sale Details

Date Sold: November 26, 2012

Last sale price $3,000,000 $467 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $44,291 / mo

38 Days on Market

Highlights

  • Guest House
  • Custom Home
  • Dual Staircase
  • In Ground Pool
  • 0.97 Acre Lot
  • Mountain View

About This Home

As of November 2012

Located on a flat acre in a prestigious neighborhood across from Caltech, this impressive Italianate estate was designed by renowned architects Marston & Van Pelt in 1922. Rich in architectural detail & character, this stately residence was, in its heyday, the social venue for many gala events and hosted politicians & Hollywood stars alike. Currently in a state of restoration, this magnificent property presents a unique opportunity for a visionary buyer. The exceptional floorplan offers grand-scale rooms with high ceilings, arched French doors & large windows which frame garden vistas & fill the home with natural light. A striking entry hall with paneled ceiling opens to a spectacular LR & an elegant formal DR. A garden room, library & tiled kitchen with room for easy expansion, complete the first floor. A handsome staircase with wrought-iron banister leads to six bedrooms upstairs. The private, expansive backyard features a formal pool, Spanish gazebos, chauffer's quarters & garage.

Last Agent to Sell the Property

Catherine Cheney

Coldwell Banker Realty License #01173415 Listed on: 10/12/2012

Coldwell Banker Realty

Co-Listed By

Carol Chua

Coldwell Banker Realty License #00908699

Last Buyer's Agent

Nina Kirkendall

Keller Williams Realty License #01245547

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922 | Under Construction

Lot Details

  • 42,402 Sq Ft Lot
  • Lot Dimensions are 160' x 265'
  • East Facing Home
  • Block Wall Fence
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Back Yard
  • Property is zoned R1

Parking

  • 2 Car Garage
  • Attached Carport
  • Parking Available

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Entry on the 1st floor
  • Fixer Upper
  • Flat Roof Shape
  • Raised Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 6,418 Sq Ft Home
  • Dual Staircase
  • Crown Molding
  • High Ceiling
  • Shutters
  • French Doors
  • Formal Entry
  • Living Room with Fireplace
  • Library with Fireplace
  • Sun or Florida Room
  • Utility Room
  • Laundry Room
  • Wood Flooring
  • Mountain Views
  • Attic

Kitchen

  • Double Oven
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • Tile Bathroom Countertop
  • Makeup or Vanity Space

Outdoor Features

  • In Ground Pool
  • Concrete Porch or Patio

Additional Features

  • Guest House
  • Private Water Source

Listing and Financial Details

  • Tax Lot 17 and 18
  • Assessor Parcel Number 5327011001

Home Details

Home Type

Single Family

Year Built

Built in 1922 | Under Construction

Lot Details

0.97 Acres

Parking

2

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R1
  • Architectural Style: Custom Built, Mediterranean
  • Property Condition: Fixer, Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5327011001
  • Year Built: 1922
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 6418.00
  • Interior Amenities: 2 Staircases, Crown Molding, High Ceilings
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Entry Level: 1
  • Fireplace Features: Library, Living Room
  • Levels: Two
  • Price Per Square Foot: 467.44
  • Room Type: Attic, Formal Entry, Guest/Maid's Quarters, Library, Master Bedroom, Sun, Utility Room, Walk-In Closet
  • Window Features: Shutters
  • Bathroom Features: Tile Counters, Vanity Area
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Raised
  • Other Structures: Guest House
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Flat, Spanish Tile
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Double Oven, Range Hood
  • Laundry Features: Individual Room
  • Water Source: Private, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Level, Paved, Rectangular Lot, Yard
  • Lot Size: 160' x 265'
  • Lot Size Sq Ft: 42402.00
  • Lot Size Acres: 0.9700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 42402.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Lot: 17 and 18

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2012
Closed on
Nov 20, 2012
Sold by
Bought by
Seller's Agent
Catherine Cheney
Coldwell Banker Realty
Buyer's Agent
Nina Kirkendall
Keller Williams Realty
List Price
$2,880,000
Sold Price
$3,000,000
Premium/Discount to List
$120,000
4.17%
Current Estimated Value
$7,470,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,470,573
Avg. Annual Appreciation
6.93%

Purchase Details

Closed on
Sep 22, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 11, 2006
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,000,000 Equity Title Los Angeles
$2,850,000 Equity Title Company
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/26/2012 11/26/12 Sold $3,000,000 +4.2% $467 / Sq Ft
11/19/2012 11/19/12 Pending -- -- --
10/12/2012 10/12/12 For Sale $2,880,000 -- $449 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $50,097 $4,314,429 $3,078,568 $1,235,861
2024 $47,847 $4,229,833 $3,018,204 $1,211,629
2023 $47,452 $4,146,896 $2,959,024 $1,187,872
2022 $45,794 $4,065,585 $2,901,004 $1,164,581
2021 $43,896 $3,985,869 $2,844,122 $1,141,747
2019 $42,232 $3,867,648 $2,759,765 $1,107,883
2018 $42,967 $3,791,812 $2,705,652 $1,086,160
2016 $35,710 $3,120,706 $2,600,589 $520,117
2015 $35,324 $3,073,831 $2,561,526 $512,305
2014 $34,554 $3,013,620 $2,511,350 $502,270
Source: Public Records

Agents Affiliated with this Home

  • Catherine Cheney

    Seller's Agent in 2012

    Catherine Cheney

    Coldwell Banker Realty

    (626) 233-2938

    2 in this area

    28 Total Sales

    Catherine Cheney
    Section Image

  • C

    Seller Co-Listing Agent in 2012

    Carol Chua

    Coldwell Banker Realty

    (626) 844-2222

    5 in this area

    64 Total Sales

    Carol Chua
    Section Image
  • Nina Kirkendall

    Buyer's Agent in 2012

    Nina Kirkendall

    Keller Williams Realty

    (626) 676-6260

    29 Total Sales

    Nina Kirkendall
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-22169300

Pasadena-Foothills Association of REALTORS®

APN: 5327-011-001

California Los Angeles County Pasadena 91106 Southeast Pasadena

587 S Hill Ave, Pasadena, CA

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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