NOT LISTED FOR SALE

78 W Highland Ave Sierra Madre, CA 91024

Estimated Value: $1,164,000 - $1,408,000

1 Bed
1 Bath
627 Sq Ft
$2,023/Sq Ft Est. Value

Last Sold March 20, 2017

Last sale price $740,000 $1,180 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $7,734/month

Highlights

  • Updated Kitchen
  • Mountain View
  • Granite Countertops
  • Sierra Madre Elementary School Rated A-
  • Traditional Architecture
  • Breakfast Area or Nook

About This Home

As of June 2017

Located in the heart of Sierra Madre, this turnkey duplex exudes pride of ownership. Two units for lease (#78 & #80). Each unit measures 627 Sq.Ft. & offers a kitchen, breakfast nook, 1 bedroom, 1 bathroom & indoor laundry area. Both units have been completely remodeled. Upgrades include: new kitchen, bathroom, floors, windows, paint, water heater, etc.). Also, a brand-new European Air & Heat unit has been installed in both units. The rear yard offers a covered patio & grass area ideal for entertaining friends & family under the shade. Each unit comes with refrigerator, stove & washer/dryer. The property is within close proximity to the Town Square, schools, libraries, parks, restaurants, markets, & shops. Unit #78 comes with 2 parking spaces in driveway. Unit #80 comes with the 2-car garage. Unit #80 will be available July 15st.

Last Agent to Rent the Property

Gregory Zmrukhtyan

COMPASS License #01939508 Listed on: 06/01/2017

COMPASS

Co-Listed By

Thomas Atamian

Coldwell Banker Realty License #01739307

Last Renter's Agent

Gregory Zmrukhtyan

COMPASS License #01939508 Listed on: 06/01/2017

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,893

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 10,088 Sq Ft Lot
  • Front and Back Yard Sprinklers
  • Back Yard
  • Property is zoned SRR3CC*

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Stucco

Interior Spaces

  • 627 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room
  • Laminate Flooring
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Microwave
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Driveway
  • Parking Lot

Utilities

  • Combination Of Heating Systems

Community Details

  • Not Applicable 1007242 Subdivision

Listing and Financial Details

  • Security Deposit $2,000
  • Rent includes gardener, water
  • 12-Month Minimum Lease Term
  • Available 6/1/17
  • Assessor Parcel Number 5767017013

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,893

Year Built

Built in 1948 | Remodeled

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2017-06-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2000
  • Furnished: Unfurnished

Listing Details

  • Property Attached: Yes
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: SRR3CC*
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5767017013
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Living Area: 627.00
  • Stories: 1
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Nook
  • Levels: One
  • Price Per Square Foot: 3.19
  • Room Type: Living Room
  • Window Features: Double Pane Windows
  • Bathroom Features: Remodeled, Separate Tub And Shower
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Foundation: Raised
  • View: Mountain(s)
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space, Driveway

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Microwave
  • Heating Type: Combination
  • Laundry Features: Inside, Gas Dryer Hookup
  • Water Source: Public

Lot Info

  • Lot Features: Back Yard, Sprinklers In Rear, Sprinklers In Front, Sprinklers Manual
  • Lot Size Sq Ft: 10088.00

Multi Family

  • Lease Term: 12 Months
  • Rent Includes: Gardener, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2016
Closed on
Mar 14, 2017
Sold by
Morgan Javier E and Morgan Doris L
Bought by
Zmrukhtyan Sarkis and Zmrukhtyan Vartouhi
Seller's Agent
Naveed Ahmed
Peninsula Estates Agency
Buyer's Agent
Gregory Zmrukhtyan
Dilbeck Real Estate
List Price
$815,000
Sold Price
$740,000
Premium/Discount to List
-$75,000
-9.2%
Current Estimated Value
$1,268,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,173
Avg. Annual Appreciation
5.66%

Purchase Details

Closed on
Jul 18, 2012
Sold by
Morgan Javier E and Morgan Doris L
Bought by
Morgan Javier E and Morgan Doris L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,183
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2012
Sold by
Abm Real Estate Investments Llc
Bought by
Morgan Javier E and Morgan Doris L

Purchase Details

Closed on
Feb 20, 2007
Sold by
Morgan Javier E and Morgan Doris L
Bought by
Morgan Javier E and Morgan Doris L

Purchase Details

Closed on
Oct 11, 2006
Sold by
Pendergast Richard E
Bought by
Morgan Javier E and Morgan Doris L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,400
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Zmrukhtyan Sarkis $740,000 Nations Title Company
Morgan Javier E -- First American Title Company
Morgan Javier E -- None Available
Morgan Javier E -- None Available
Abm Real Estate Investments Llc -- None Available
Morgan Javier E $608,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan Javier E $460,183
Previous Owner Morgan Javier E $486,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Rented $2,200 0.0% --
06/12/2018 06/12/18 For Rent $2,200 +10.0% --
06/01/2017 06/01/17 Rented $2,000 0.0% --
06/01/2017 06/01/17 For Rent $2,000 0.0% --
03/20/2017 03/20/17 Sold $740,000 -4.5% $590 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
03/02/2017 03/02/17 Price Changed $775,000 -4.9% $618 / Sq Ft
01/27/2017 01/27/17 For Sale $815,000 +10.1% $650 / Sq Ft
11/23/2016 11/23/16 Off Market $740,000 -- --
11/10/2016 11/10/16 For Sale $805,000 +8.8% $642 / Sq Ft
10/30/2016 10/30/16 Off Market $740,000 -- --
07/25/2016 07/25/16 For Sale $805,000 -- $642 / 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 $9,893 $858,824 $601,179 $257,645
2024 $9,893 $841,986 $589,392 $252,594
2023 $9,834 $825,478 $577,836 $247,642
2022 $9,497 $809,293 $566,506 $242,787
2021 $9,117 $793,426 $555,399 $238,027
2019 $8,777 $769,895 $538,927 $230,968
2018 $8,873 $754,800 $528,360 $226,440
2016 $6,260 $523,583 $366,510 $157,073
2015 $6,163 $515,719 $361,005 $154,714
2014 $6,040 $505,618 $353,934 $151,684
Source: Public Records

Agents Affiliated with this Home

  • G

    Landlord's Agent in 2018

    Gregory Zmrukhtyan

    COMPASS

    Section Image

  • N

    Seller's Agent in 2017

    Naveed Ahmed

    Peninsula Estates Agency

    (310) 541-6070

    1 Total Sale

    Naveed Ahmed
    Section Image
  • Thomas Atamian

    Landlord's Co-Listing Agent in 2017

    Thomas Atamian

    Coldwell Banker Realty

    (818) 235-6325

    86 Total Sales

    Thomas Atamian
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-317004922

Pasadena-Foothills Association of REALTORS®

APN: 5767-017-013

California Los Angeles County Sierra Madre 91024

78 W Highland Ave, Sierra Madre, CA

This home is located at 78 W Highland Ave, Sierra Madre, CA 91024 since 01 June 2017 and is currently priced at $1,268,173. This property was built in 1948. 78 W Highland Ave is a home located in Los Angeles County with nearby schools including Sierra Madre Elementary School, Pasadena High School, and The Gooden School.

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