NOT LISTED FOR SALE

981 Arden Rd Pasadena, CA 91106

Estimated Value: $4,178,000 - $4,395,000

5 Beds
4.5 Baths
4,563 Sq Ft
$941/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $4,000,000 $877 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $24,453/month

Highlights

  • Primary Bedroom Suite
  • 0.86 Acre Lot
  • Colonial Architecture
  • Blair High School Rated A-
  • Open Floorplan
  • Sun or Florida Room

About This Home

As of January 2022

First time on the market since 1963, this Colonial Revival is known as the M.B. Kerr Home that was designed by prominent architect G. Lawrence Stimson in the Arden Road Landmark District. The home is 4,563 sf (tax record) and includes a 360 sf enclosed patio and a 695 sf guest house, all totaling 5618 sf. The large irregular lot has 167 ft of frontage, and is as deep as 293 ft, totalling about .86 or an acre. This estate property is sold as-is and needs a thorough rehabilitation.

Last Agent to Sell the Property

Michael Bell

Sotheby's International Realty, Inc. License #01164731 Listed on: 01/26/2022

Sotheby's International Realty, Inc.

Last Buyer's Agent

Nick Borrelli

Coldwell Banker Realty License #01481673

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,299

Year Built

  • Built in 1922

Lot Details

  • 0.86 Acre Lot
  • Landscaped
  • No Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Carport
  • Parking Available
  • Driveway

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • 4,563 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room
  • Storage
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot A
  • Tax Tract Number 463500
  • Assessor Parcel Number 5327013037

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,299

Year Built

Built in 1922

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)
  • View: No
  • Architectural Style: Colonial
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5327013037
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4563.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Open Floorplan, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 767.04
  • Room Type: Entry, Family Room, Formal Entry, Foyer, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Sun
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Shower, Shower In Tub

Exterior Features

  • Patio: No
  • Fence: No
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Lot 20000-39999 Sqft, Sprinklers None, Yard
  • Lot Size Sq Ft: 37495.00
  • Lot Size Acres: 0.8608

Multi Family

  • Lease Considered: No
  • Lot Size Area: 37495.0000 Square Feet

Tax Info

  • Tax Lot: A
  • Tax Tract: 1298
  • Tax Tract Number: 463500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Jan 27, 2022
Sold by
Katherine Dllettera Maryanne
Bought by
Di Lettera Trust
Seller's Agent
Michael Bell
Sotheby's International Realty, Inc.
Buyer's Agent
Nick Borrelli
Coldwell Banker Realty
Sold Price
$4,000,000
Total Days on Market
0
Current Estimated Value
$4,292,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,357
Avg. Annual Appreciation
2.12%

Purchase Details

Listed on
Jan 26, 2022
Closed on
Jan 14, 2022
Sold by
Katherine Dllettera Maryanne
Bought by
Di Lettera Trust
Seller's Agent
Michael Bell
Sotheby's International Realty, Inc.
Buyer's Agent
Nick Borrelli
Coldwell Banker Realty
Sold Price
$4,000,000

Purchase Details

Listed on
Jan 26, 2022
Closed on
Jan 11, 2022
Sold by
Di Lettera Trust
Bought by
Polytechnic School
Seller's Agent
Michael Bell
Sotheby's International Realty, Inc.
Buyer's Agent
Nick Borrelli
Coldwell Banker Realty
Sold Price
$4,000,000

Purchase Details

Closed on
Jun 16, 2008
Sold by
Dilettera Mary Anne and Di Lettera Trust
Bought by
Dilettera Mary Anne and Sub Trust A

Purchase Details

Closed on
Jul 23, 1998
Sold by
Dilettera Mary Anne and Dilettera Trust
Bought by
Dilettera John B
Source: Public Records

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Range of Values:

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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
Di Lettera Trust -- --
Di Lettera Trust -- --
Polytechnic School $4,000,000 Old Republic Title
Dilettera Mary Anne -- None Available
Dilettera John B -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2022 01/27/22 Sold $4,000,000 -- $877 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
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
2024 $4,299 $302,058 $133,825 $168,233
2023 $4,259 $296,136 $131,201 $164,935
2022 $4,107 $296,136 $131,201 $164,935
2021 $3,922 $290,330 $128,629 $161,701
2020 $3,787 $287,354 $127,311 $160,043
2019 $3,792 $281,720 $124,815 $156,905
2018 $3,754 $276,197 $122,368 $153,829
2016 $3,567 $265,473 $117,617 $147,856
2015 $3,526 $261,487 $115,851 $145,636
2014 $3,442 $256,366 $113,582 $142,784
Source: Public Records

Agents Affiliated with this Home

  • Michael Bell

    Seller's Agent in 2022

    Michael Bell

    Sotheby's International Realty, Inc.

    (626) 796-4100

    3 in this area

    98 Total Sales

    Michael Bell
    Section Image
  • Nick Borrelli

    Buyer's Agent in 2022

    Nick Borrelli

    Coldwell Banker Realty

    (626) 484-7975

    3 in this area

    23 Total Sales

    Nick Borrelli
    Section Image
See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-8076

Pasadena-Foothills Association of REALTORS®

APN: 5327-013-037

California Los Angeles County Pasadena 91106

981 Arden Rd, Pasadena, CA

This home is located at 981 Arden Rd, Pasadena, CA 91106 since 26 January 2022 and is currently estimated at $4,292,357, approximately $940 per square foot. This property was built in 1922. 981 Arden Rd is a home located in Los Angeles County with nearby schools including McKinley School, Blair High School, and Polytechnic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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