NOT LISTED FOR SALE

687 Monterey Place Sierra Madre, CA 91024

Estimated Value: $1,756,000 - $2,055,385

4 Beds
3 Baths
2,316 Sq Ft
$823/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $1,725,000 $745 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $12,197/month

11 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Deck
  • Sierra Madre Elementary School Rated A-
  • Near a National Forest
  • 4-minute walk to Sierra Madre Park

About This Home

As of September 2023

1914 “AIRPLANE” BUNGALOW

Neatly tucked into a tree-lined cul-de-sac lane, this 1914 “Airplane” style Bungalow is loaded with charm and character. Upon entering, your eye is drawn to the focal point of the living room: its hand-crafted, river rock fireplace complemented by the warmth of hardwood flooring. The flooring continues into the formal dining room which is framed with wainscoting and able to accommodate a large gathering. The kitchen has been updated and opens out to a spacious family room. The main level offers 3 bedrooms and 2 baths. Upstairs, you will find the primary suite which consists of a bedroom and bath. The special characteristic of an “airplane” bungalow is a single room on the second floor surrounded by windows, said to resemble the cockpit of an airplane and designed to originally be a sleeping room in summer months with all-around access to breezes. An attached, wrap-around, redwood deck offers ample space for outdoor dining and entertainment and overlooks a sparkling, blue swimming pool that screams “jump in and cool off” on these warm days of summer. The rear yard includes a large, grassy area and is graced with a lovely view of the mountains. The oversized, 11,000+ square foot lot provides plenty of parking. In addition, there is an outbuilding with a carport with plumbing and electricity which would be perfect for an ADU. This home is located near public transportation, the park and recreation center and the downtown village of Sierra Madre.

Last Agent to Sell the Property

Jan Greteman

Compass License #01943630 Listed on: 08/18/2023

Compass

Co-Listed By

Katherine Orth

Compass License #00942500

Last Buyer's Agent

Colleen Lambert

Compass License #01416264

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,643

Year Built

  • Built in 1914

Lot Details

  • 0.27 Acre Lot
  • Cul-De-Sac
  • West Facing Home
  • Fenced
  • Fence is in average condition
  • Density is 2-5 Units/Acre
  • Property is zoned SRR111

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Mountain
  • Hills

Home Design

  • Bungalow
  • Composition Roof

Interior Spaces

  • 2,316 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Unfinished Basement
  • Utility Basement
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • <<microwave>>
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • <<tubWithShowerToken>>
  • Walk-in Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Deck
  • Wood patio
  • Shed
  • Outbuilding

Location

  • Property is near a park

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 7516
  • Assessor Parcel Number 5766021026

Community Details

Overview

  • No Home Owners Association
  • Near a National Forest
  • Foothills
  • Mountainous Community

Recreation

  • Dog Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,643

Year Built

Built in 1914

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • View: Yes
  • Zoning: SRR111
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5766021026
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2316.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 744.82
  • Room Type: Laundry, Separate Family Room
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room
  • Basement: Unfinished, Utility

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Other Structures: Outbuilding, Shed(s)
  • View: Hills, Mountain(s)
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Deck, Wood
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Blm/National Forest, Dog Park, Foothills, Hiking, Mountainous, Sidewalks

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Cul-De-Sac, Lot 10000-19999 Sqft, Park Nearby
  • Lot Size: 11714
  • Lot Size Sq Ft: 11714.00
  • Lot Size Acres: 0.2689

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11714.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4305.02
  • Tax Lot: 9
  • Tax Tract: 7516
  • Tax Tract Number: 7516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 7, 2023
Sold by
Sierra Madre Monterey Llc
Bought by
David V Arnerich And Lisa C Arnerich Family T and Arnerich
Seller's Agent
Jan Greteman
Compass
Buyer's Agent
Colleen Lambert
Compass
List Price
$1,598,000
Sold Price
$1,725,000
Premium/Discount to List
$127,000
7.95%
Views
238
Current Estimated Value
$1,906,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,596
Avg. Annual Appreciation
5.65%
Original Mortgage
$1,380,000
Outstanding Balance
$1,358,104
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$548,492

Purchase Details

Closed on
Oct 28, 2020
Sold by
First State Trust Company
Bought by
Sierra Madre Monterey Llc

Purchase Details

Closed on
Sep 5, 2018
Sold by
Jukic Gregory and Jukic Jennifer
Bought by
First State Trust Company and Graves Family Trust

Purchase Details

Closed on
Dec 8, 2006
Sold by
Jukic Gregory
Bought by
Jukic Gregory and Jukic Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$848,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2006
Sold by
Jukic Gregory and Jukic Jennifer
Bought by
Jukic Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2005
Sold by
Wang Helen
Bought by
Jukic Gregory and Harabedian Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 20, 2002
Sold by
Weaver Roger G and Weaver Linda C
Bought by
Wang Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.08%

Purchase Details

Closed on
Mar 22, 1994
Sold by
Lowell Louis E and Lowell Ann Marie
Bought by
Weaver Roger G and Weaver Linda C
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
David V Arnerich And Lisa C Arnerich Family T $1,725,000 Lawyers Title
Sierra Madre Monterey Llc -- None Available
First State Trust Company $1,300,000 None Available
Jukic Gregory -- Financial Title Company
Jukic Gregory -- Orange Coast Title
Jukic Gregory -- Orange Coast Title
Jukic Gregory $800,000 Chicago Title Co
Wang Helen $639,000 Lawyers Title Company
Weaver Roger G -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open David V Arnerich V $1,380,000
Previous Owner Jukic Gregory $145,000
Previous Owner Jukic Gregory $875,000
Previous Owner Jukic Gregory $848,000
Previous Owner Jukic Gregory $800,000
Previous Owner Jukic Gregory $85,000
Previous Owner Jukic Gregory $600,000
Previous Owner Wang Helen $307,500
Previous Owner Wang Helen $300,000
Previous Owner Weaver Roger G $45,000
Previous Owner Weaver Roger G $400,000
Previous Owner Weaver Roger G $363,750
Closed Wang Helen $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $1,725,000 +7.9% $745 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $1,598,000 -- $690 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $19,643 $1,725,000 $1,295,200 $429,800
2023 $17,347 $1,498,175 $1,198,540 $299,635
2022 $16,745 $1,468,800 $1,175,040 $293,760
2021 $14,969 $1,339,736 $1,071,789 $267,947
2020 $11,250 $1,038,751 $831,006 $207,745
2019 $11,277 $1,018,384 $814,712 $203,672
2018 $11,433 $998,417 $798,738 $199,679
2016 $11,016 $959,649 $767,723 $191,926
2015 $10,850 $945,236 $756,192 $189,044
2014 $10,617 $926,721 $741,380 $185,341
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23132525

California Regional Multiple Listing Service (CRMLS)

APN: 5766-021-026