NOT LISTED FOR SALE

840 Ventura St Altadena, CA 91001

Estimated Value: $1,048,000 - $1,797,000

2 Beds
3 Baths
2,521 Sq Ft
$574/Sq Ft Est. Value

Last Sold October 06, 2015

Last sale price $850,500 $337 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,751/month

Highlights

  • Mountain View
  • Traditional Architecture
  • Laundry Room
  • John Muir High School Rated A-
  • Wood Flooring
  • Wood Siding

About This Home

As of October 2015

Attractive trio of units. 2-1,2-1,studio and 2 garages on a large lot. Great curb appeal located near Devil's Gate Recreation area, Oak Grove Park. and hiking trails. Close to JPL. 2 of the spacious homes have fireplaces, dining rooms and laundries. There is an outdoor Fireplace/BBQ in the patio between two of the homes. Large lawn and gardening areas available for 2 of the homes. The tenants enjoy the country-like setting. A good investment for appreciation because of the desirable location.

Last Agent to Sell the Property

Jim Radon

Berkshire Hathaway Home Servic License #00910069 Listed on: 07/28/2015

Berkshire Hathaway Home Servic

Last Buyer's Agent

GUILLERMO CASTILLO

GUILLERMO CASTILLO, BROKER License #00998945

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,424

Year Built

  • Built in 1945

Lot Details

  • 0.31 Acre Lot
  • No Common Walls

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Mountain Views
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 5823021024

Community Details

Overview

  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $938
  • Trash Expense $5,520
  • Gross Income $47,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,424

Year Built

Built in 1945

Lot Details

0

Parking

3

Listing Details

  • Inclusions: Stove and refrigerator in unit #840. Refrigerator in Unit #846.
  • Property Attached: No
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: LCR175
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5823021024
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: Living Room
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Fireplace Features: Dining Room, Living Room
  • Levels: One

Exterior Features

  • Foundation: Concrete Perimeter
  • View: Mountain(s)
  • Roof: Composition
  • Construction Materials: Frame, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Water Connected
  • Laundry: Yes
  • Laundry Features: In Garage
  • Trash Expense: 5520.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13362.00
  • Lot Size Acres: 0.3100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 47400.00
  • Insurance Expense: 938.00
  • Lot Size Area: 13362.0000 Square Feet
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Number With Dishwasher: 2
  • Number With Patio: 1
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2015
Closed on
Aug 19, 2015
Sold by
Watney Garth J and Watney Jane K
Bought by
Franco Ramon and Franco Teresa
Seller's Agent
Jim Radon
Berkshire Hathaway Home Servic
Buyer's Agent
GUILLERMO CASTILLO
GUILLERMO CASTILLO, BROKER
List Price
$895,000
Sold Price
$850,500
Premium/Discount to List
-$44,500
-4.97%
Current Estimated Value
$1,448,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$597,611
Avg. Annual Appreciation
5.27%
Original Mortgage
$637,875
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2005
Sold by
Purves Steven
Bought by
Watney Garth J and Watney Jane K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2005
Sold by
Jacobson Jane Elizabeth
Bought by
Purves Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2004
Sold by
Jacobson Jane E
Bought by
Purves Steven R

Purchase Details

Closed on
Jun 4, 2004
Sold by
Taylor Gregory L
Bought by
Purves Steven

Purchase Details

Closed on
May 22, 2002
Sold by
Karmouta Ahmad Jamal
Bought by
Taylor Gregory L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 15, 2002
Sold by
Karmouta Lina A
Bought by
Karmouta Ahmad Jamal

Purchase Details

Closed on
Jan 28, 2002
Sold by
Cooke James M
Bought by
Karmouta Ahmad Jamal

Purchase Details

Closed on
Sep 26, 1996
Sold by
State Street Bank & Trust Company
Bought by
Cooke James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,200
Interest Rate
8.06%

Purchase Details

Closed on
May 15, 1996
Sold by
Mitchell Robert and Mitchell Sandra
Bought by
State Street Bank & Trust Company
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
Franco Ramon $850,500 California Title Company
Watney Garth J -- Equity Title
Purves Steven R -- Stewart Title Company
Purves Steven R -- Ticor Title Company
Purves Steven $560,000 Equity Title Company
Taylor Gregory L $385,000 Commonwealth Land Title
Karmouta Ahmad Jamal -- Commonwealth Land Title Co
Karmouta Ahmad Jamal $130,000 Commonwealth Land Title Co
Cooke James M $157,000 Chicago Title Company
State Street Bank & Trust Company $177,321 Continental Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franco Ramon $638,000
Previous Owner Franco Ramon $637,875
Previous Owner Watney Garth J $600,000
Previous Owner Purves Steven R $650,000
Previous Owner Purves Steven R $23,439
Previous Owner Taylor G Lind $37,000
Previous Owner Taylor Gregory L $369,750
Previous Owner Taylor Gregory L $320,000
Previous Owner Cooke James M $150,500
Previous Owner Cooke James M $125,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2015 10/06/15 Sold $850,500 -5.0% $337 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
07/28/2015 07/28/15 For Sale $895,000 -- $355 / 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 $12,424 $1,006,281 $710,274 $296,007
2024 $12,424 $986,551 $696,348 $290,203
2023 $12,062 $967,208 $682,695 $284,513
2022 $11,656 $948,244 $669,309 $278,935
2021 $11,025 $929,652 $656,186 $273,466
2020 $10,604 $920,800 $649,458 $271,342
2019 $10,624 $902,759 $636,724 $266,035
2018 $10,708 $885,072 $624,240 $260,832
2016 $10,378 $850,050 $600,000 $250,050
2015 $10,467 $855,000 $513,000 $342,000
2014 $8,773 $705,000 $423,000 $282,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315007335

Pasadena-Foothills Association of REALTORS®

APN: 5823-021-024