NOT LISTED FOR SALE

62 E Carter Ave Sierra Madre, CA 91024

Estimated Value: $1,993,000 - $2,282,000

3 Beds
1 Bath
4,180 Sq Ft
$511/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $900,000 $215 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $12,528/month

5 Days on Market

Highlights

  • New Construction
  • Mountain View
  • 2 Car Attached Garage
  • Sierra Madre Elementary School Rated A-
  • No HOA
  • 3-minute walk to Mount Wilson Trail Park

About This Home

As of October 2020

Don't miss out on an incredible opportunity to build the home of your dreams in an amazing location in the serene city of Sierra Madre. Nestled against the San Gabriel Mountains below Mount Wilson, this lot is a rare chance to build your home with stamped plans from Sierra Madre. This large lot of 16,667 square feet includes plans for a luxurious Single Family Residence. Submitted plans include a 700-square foot Studio/Pool house, a 1128-square foot historically significant bungalow and a 2352- Square foot single family dwelling, and a garage. Plan includes remodeling existing units. Proposed single family residence includes Great Room, Kitchen, Main Bedroom, with two bedrooms. Plans blend relaxing scenery with modern angled roof and covered patio. Gorgeous landscaping plans, with paved paths, wood deck, and incorporates existing mature trees like Magnolia, Oak, Pine, Jacaranda, and Sycamore. Plans will build a fantastic indoor/outdoor entertaining home. Check out the plans and renderings!

Last Agent to Sell the Property

Katy Rose

KALEO REAL ESTATE COMPANY License #01915992 Listed on: 09/23/2020

KALEO REAL ESTATE COMPANY

Last Buyer's Agent

Marilyn Calvillo

FATHOM REALTY GROUP INC License #01493072

FATHOM REALTY GROUP INC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.38 Acre Lot
  • Density is 16-20 Units/Acre
  • Property is zoned SRR175

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Neighborhood

Interior Spaces

  • 3 Main Level Bedrooms
  • 4,180 Sq Ft Home
  • 1-Story Property

Utilities

  • Central Heating
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 5762012008

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Mountainous Community

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: SRR175
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5762012008
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 4180.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 215.31
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer, Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Foothills, Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 16667.00
  • Lot Size Acres: 0.3826

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16667.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Census Tract: 4305.01
  • Tax Lot: 51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Oct 2, 2020
Sold by
Cadam Gail L
Bought by
Courtney Thomas and Courtney Mary Rose
Seller's Agent
Katy Rose
KALEO REAL ESTATE COMPANY
Buyer's Agent
Marilyn Calvillo
FATHOM REALTY GROUP INC
List Price
$1,100,000
Sold Price
$900,000
Premium/Discount to List
-$200,000
-18.18%
Current Estimated Value
$2,137,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,237,500
Avg. Annual Appreciation
17.80%

Purchase Details

Closed on
Jun 12, 2019
Sold by
Cadam James E
Bought by
Cadam James E and Cadam Gail L

Purchase Details

Closed on
Jan 12, 2016
Sold by
Cadam Gail
Bought by
Cadam James E

Purchase Details

Closed on
Nov 3, 2015
Sold by
Waddell W Duane
Bought by
Cadam James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
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
Courtney Thomas $900,000 Fidelity National Title
Cadam James E -- None Available
Cadam James E -- Netco Title Company
Cadam James E $848,000 Netco Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cadam James E $660,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $900,000 -18.2% $215 / Sq Ft
09/23/2020 09/23/20 For Sale $1,100,000 -- $263 / 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 $16,877 $1,871,187 $779,350 $1,091,837
2024 $16,877 $1,480,386 $764,069 $716,317
2023 $10,928 $936,360 $749,088 $187,272
2022 $10,549 $918,000 $734,400 $183,600
2021 $10,200 $900,000 $720,000 $180,000
2019 $9,944 $899,903 $719,923 $179,980
2018 $10,141 $882,258 $705,807 $176,451
2016 $2,760 $230,864 $138,520 $92,344
2015 $2,720 $227,397 $136,440 $90,957
2014 $2,677 $222,944 $133,768 $89,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20199151

California Regional Multiple Listing Service (CRMLS)

APN: 5762-012-008