NOT LISTED FOR SALE

923 Palm Ave South Pasadena, CA 91030

Estimated Value: $2,140,000 - $3,069,000

4 Beds
3.5 Baths
2,500 Sq Ft
$1,008/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $2,375,000 $950 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $15,794/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Quartz Countertops
  • Balcony
  • Arroyo Vista Elementary Rated A+
  • No HOA
  • Walk-In Closet

About This Home

As of November 2022

On a delightful tree-lined street, minutes from South Pasadena’s vibrant Mission St Merchants, sits this charming, move-in ready home. Located within one of the city’s Historic Districts, much of the home’s 1925 character remains. A permitted primary bedroom suite and second story addition, plus a tasteful kitchen remodel make-up the existing floorplan. The well-organized kitchen update includes newer cabinetry, refinished hardwood floors, quartz countertop, and new stainless-steel stove. Bonus features come in the form of a 2nd oven, warming drawer, and dual dishwasher. All-in-all there are four bedrooms and four baths. The sumptuous primary suite is on the first floor as are two large bedrooms and 1½ baths. Features of the primary suite include a jet tub and roomy stall shower, huge custom closet (did someone say built-ins?), and lovely French doors that lead to an outdoor sitting area. Upstairs, a large fourth bedroom, with a ¾ ensuite, could easily assume other duties. The kitchen and family room make a pleasant combination, while architectural details, such as the living room’s barrel ceiling, add beauty and charm. Casement windows and French doors fill rooms with beautiful sunlight, and a nice blending of 1920’s architecture and updated design is evident throughout. Outside, an inviting raised deck patio offers the ideal spot for alfresco dining. A landscaped grassy and fenced back yard beckons visitors to the Studio, a historic structure from the 1932 Olympic Village at USC! Located within the award-winning South Pasadena School District, close to Trader Joe’s, and the Metro Gold (L) Line, this lovely property won’t lastlong. Don’t wait!

Last Agent to Sell the Property

Andrew Loeffler

Re/Max Premier Prop SanMarino License #01193598 Listed on: 10/06/2022

Re/Max Premier Prop SanMarino

Co-Listed By

Peter Loeffler

RE/MAX PREMIER/SANMARINO License #00913919

Last Buyer's Agent

Jane Wang

COMPASS License #01922979

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,162

Year Built

  • Built in 1925

Lot Details

  • 7,514

Parking

  • 1 Car Garage

Home Design

  • Partial Copper Plumbing

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Family Room
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Bar
  • Six Burner Stove
  • Warming Drawer
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Septic Type Unknown

Additional Features

  • Balcony
  • 7,514 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 16
  • Assessor Parcel Number 5313008022

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,162

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5313008022
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2500.00 Square Feet
  • Interior Amenities: Balcony, Copper Plumbing Partial, Quartz Counters, Recessed Lighting
  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 950.00
  • Room Type: Family Room, Master Suite, Walk-In Closet
  • Bathroom Features: Double Sinks In Master Bath, Privacy Toilet Door, Separate Tub And Shower

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Warming Drawer
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Sewer: Unknown
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: South Pasadena

Lot Info

  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7514.00
  • Lot Size Acres: 0.1725

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7514.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Oct 19, 2022
Sold by
Anderson Family Trust
Bought by
Thenard Family Living Trust and Thenard
Seller's Agent
Andrew Loeffler
Re/Max Premier Prop SanMarino
Buyer's Agent
Jane Wang
COMPASS
List Price
$1,980,000
Sold Price
$2,375,000
Premium/Discount to List
$395,000
19.95%
Views
34
Current Estimated Value
$2,520,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,717
Avg. Annual Appreciation
2.06%
Original Mortgage
$970,800
Outstanding Balance
$938,274
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$1,582,443
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

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2022 11/04/22 Sold $2,375,000 +19.9% $950 / Sq Ft
10/16/2022 10/16/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $1,980,000 -- $792 / 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
2025 $29,162 $2,470,949 $1,885,933 $585,016
2024 $29,162 $2,422,500 $1,848,954 $573,546
2023 $28,536 $2,375,000 $1,812,700 $562,300
2022 $4,801 $370,933 $191,397 $179,536
2021 $4,705 $363,661 $187,645 $176,016
2019 $4,574 $352,877 $182,080 $170,797
2018 $4,797 $345,959 $178,510 $167,449
2016 $4,442 $332,527 $171,579 $160,948
2015 $4,367 $327,533 $169,002 $158,531
2014 $4,319 $321,118 $165,692 $155,426
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22212140

California Regional Multiple Listing Service (CRMLS)

APN: 5313-008-022