NOT LISTED FOR SALE

75 Grace Terrace Pasadena, CA 91105

Madison Heights Neighborhood

Estimated Value: $1,217,000 - $1,360,587

2 Beds
2 Baths
1,290 Sq Ft
$982/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $875,500 $679 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,537/month

12 Days on Market

Highlights

  • Deck
  • No HOA
  • Den
  • Wood Flooring
  • Cottage
  • Rear Porch

About This Home

As of November 2020

This character cottage located in the coveted neighborhood of Grace Hill has been home to the same family for 50 years. It contains 2 bedrooms, a den, 2 baths in its 1290sf. The home sits on a 6132sf sloped lot which makes you feel like you're living in a treehouse. While retaining many of its original features like wood floors, cove ceilings and a fireplace, the house is ready for a new steward to update it and make it their own. Sold AS/IS Seller will make no repairs or provide credit for repairs. Blind offers will receive no consideration.

Last Agent to Sell the Property

Joseph Reed

Sotheby's International Realty License #01050805 Listed on: 10/11/2020

Sotheby's International Realty

Last Buyer's Agent

Bradley Taylor

Esquire Realty License #01504673

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 6,132 Sq Ft Lot
  • South Facing Home
  • No Sprinklers
  • Property is zoned PSR6

Parking

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

Home Design

  • Cottage
  • Bungalow
  • Fixer Upper
  • Metal Siding

Interior Spaces

  • 1,290 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Double Pane Windows
  • Den
  • Wood Flooring

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Wood Patio
  • Exterior Lighting
  • Rain Gutters
  • Rear Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number 5719017003

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Not Applicable
  • View: No
  • Zoning: PSR6
  • Architectural Style: Bungalow, Cottage
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5719017003
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1290.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter, Masonry
  • Levels: One
  • Price Per Square Foot: 678.68
  • Room Type: Den
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Fence: No
  • Patio And Porch Features: Brick, Wood, Rear Porch, Deck, Concrete
  • Pool Private: No
  • Spa: No
  • Construction Materials: Metal Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Microwave, Electric Water Heater, Electric Range, Trash Compactor
  • Heating Type: Forced Air
  • Laundry Features: Inside, Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Street Lights, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 6132.00
  • Lot Size Acres: 0.1408

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6132.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Lot: 003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2020
Closed on
Oct 29, 2020
Sold by
Reed Joseph W and Reed Mary Virginia
Bought by
Giliam Timothy
Seller's Agent
Joseph Reed
Sotheby's International Realty
Buyer's Agent
Bradley Taylor
Esquire Realty
List Price
$880,000
Sold Price
$875,500
Premium/Discount to List
-$4,500
-0.51%
Current Estimated Value
$1,267,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,897
Avg. Annual Appreciation
7.58%
Original Mortgage
$569,075
Outstanding Balance
$506,396
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$761,001

Purchase Details

Closed on
Jul 19, 2012
Sold by
Shacker Mary Virginia and The Mary Virginia Shacker Revo
Bought by
Shacker Mary Virginia and The Mary Virginia Shacker Revo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
2.99%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Nov 11, 2002
Sold by
Shacker Virginia M
Bought by
Shacker Mary Virginia and Shacker Mary Virginia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Giliam Timothy $875,500 Chicago Title
Shacker Mary Virginia -- Placer Title Company
Shacker Mary Virginia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giliam Timothy $569,075
Previous Owner Shacker Mary Virginia $825,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2020 11/30/20 Sold $875,500 -0.5% $679 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/11/2020 10/11/20 For Sale $880,000 -- $682 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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
2025 $10,754 $963,065 $758,134 $204,931
2024 $10,754 $944,182 $743,269 $200,913
2023 $10,555 $916,174 $728,696 $187,478
2022 $10,187 $898,210 $714,408 $183,802
2021 $9,717 $875,500 $700,400 $175,100
2020 $1,136 $80,192 $36,281 $43,911
2019 $1,134 $78,620 $35,570 $43,050
2018 $1,123 $77,079 $34,873 $42,206
2016 $1,057 $74,088 $33,520 $40,568
2015 $1,043 $72,976 $33,017 $39,959
2014 $1,033 $71,548 $32,371 $39,177
Source: Public Records

Agents Affiliated with this Home

  • Joseph Reed

    Seller's Agent in 2020

    Joseph Reed

    Sotheby's International Realty

    (626) 396-3925

    23 Total Sales

    Joseph Reed
    Section Image

  • B

    Buyer's Agent in 2020

    Bradley Taylor

    Esquire Realty

    (714) 932-8238

    1 Total Sale

    Bradley Taylor
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-1768

Pasadena-Foothills Association of REALTORS®

APN: 5719-017-003

California Los Angeles County Pasadena 91105 Madison Heights

75 Grace Terrace, Pasadena, CA

Not Listed for Sale

Detached

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