NOT LISTED FOR SALE

Estimated Value: $3,443,000 - $10,225,972

5 Beds
10 Baths
10,409 Sq Ft
$766/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $8,500,000 $817 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $50,615/month

590 Days on Market

Highlights

  • Tennis Courts
  • Wine Cellar
  • In Ground Pool
  • Palm Crest Elementary School Rated A+
  • Home Theater
  • Gated Community

About This Home

As of October 2021

Grand and Magnificent, this villa is rich in history sitting on a 3 lot parcel. Built in 1929 by Welby H Hudson for J C Penny executive. It was also home to an important Austrian Royalty that added personal touches to the estate that is well preserved over the years. This Exquisite Spanish colonial estate blends harmoniously Spanish architectural with elegant and luxurious French, oriental interior living. Completely renovated while maintaining its historical and original architectural integrity. Seamlessly blending the East and the West, creating warmth, luxurious intimate privacy for family living. Spectacular foyer 30 feet high celling entry, butler's pantry, master suite with two walk in closets, original Rathskeller bar, guest quarters with seperate entrance, movie theatre, library, top of the line appliances and custom made furniture. This majestic home is surrounded by lush landscaping, outdoor fountains, pool, creek, tennis court, service entry on Earl drive and many more.

Last Agent to Sell the Property

Iye Kang

M&M Bryant Real Estate Inc License #02081113 Listed on: 01/21/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 1.67 Acre Lot
  • West Facing Home
  • Wrought Iron Fence
  • Privacy Fence
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Corners Of The Lot Have Been Marked
  • Lawn
  • Front Yard
  • Property is zoned lfr115000*

Parking

  • 3 Car Garage
  • Automatic Gate

Home Design

  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 10,409 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Dry Bar
  • Crown Molding
  • Wainscoting
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Custom Window Coverings
  • French Mullion Window
  • Stained Glass
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Home Theater
  • Home Office
  • Bonus Room
  • Storage
  • Pull Down Stairs to Attic
  • Property Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Oven
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • Makeup or Vanity Space

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Intercom
  • Alarm System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Tennis Courts
  • Fire Pit
  • Shed
  • Rain Gutters

Utilities

  • Sewer on Bond

Community Details

  • No Home Owners Association
  • Laundry Facilities
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 5808019019

Home Details

Home Type

Single Family

Year Built

Built in 1929 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Automatic Gate, Fire and Smoke Detection System, Gated Community, Wired for Alarm System
  • View: Yes
  • Zoning: lfr115000*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5808019019
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 10409.00 Square Feet
  • Interior Amenities: Crown Molding, Dry Bar, High Ceilings, Intercom, Pull Down Stairs to Attic, Recessed Lighting, Storage, Wainscoting, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 5
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Family Room, In Kitchen
  • Fireplace Features: Family Room, Fire Pit, Gas, Great Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 864.64
  • Room Type: Bonus Room, Family Room, Formal Entry, Guest/Maid's Quarters, Home Theatre, Living Room, Master Bedroom, Media Room, Office, Separate Family Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Window Features: Custom Covering, French/Mullioned, Stained Glass
  • Bathroom Features: Remodeled, Vanity Area
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Direction Faces: West
  • Other Structures: Shed(s), Storage, Tennis Court Private
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Privacy, Wrought Iron
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Appliances: Disposal, Oven
  • Laundry Features: Common Area, Dryer Included, Upper Level, Washer Included
  • Sewer: Sewer On Bond

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot, Corners Marked, Front Yard, Landscaped, Lawn, Paved
  • Lot Size Sq Ft: 72745.00
  • Lot Size Acres: 1.6700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 72745.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2022
Sold by
Karapetyan Arman F and Karapetyan Ani
Bought by
Karapetyan Grigorian Family Trust
Current Estimated Value
$7,971,493

Purchase Details

Listed on
Jun 12, 2015
Closed on
Aug 4, 2015
Sold by
Panossian Armen and Panossian Katherine
Bought by
Lucky Gao Llc
Seller's Agent
Janice McGlashan
Coldwell Banker Realty
Buyer's Agent
KING HUI
Palm International Real Estate Inc.
List Price
$6,225,000
Sold Price
$6,225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
Nov 22, 2011
Sold by
Gurevitch Michael and Wynstock Lori
Bought by
Panossian Armen and Panossian Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,905,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2011
Sold by
Gurevitch Michael and Wynstock Lori
Bought by
Tavera Leonard and Tavera Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,905,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 1996
Sold by
Won Chong M and Won Wha Sook
Bought by
Gurevitch Michael and Wynstock Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.95%

Purchase Details

Closed on
Jun 24, 1996
Sold by
Chong M Won
Bought by
Won Chong M and Won Wha Sook

Purchase Details

Closed on
Nov 15, 1995
Sold by
Won Chong M and Won Wha Sook
Bought by
Chong M Won
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Karapetyan Grigorian Family Trust -- Lysk Law Pc
Lucky Gao Llc $6,225,000 Equity Title Los Angeles
Panossian Armen $4,150,041 Lawyers Title Co
Tavera Leonard -- Lawyers Title La
Gurevitch Michael $1,400,000 --
Won Chong M -- --
Chong M Won -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Panossian Armen $2,905,000
Previous Owner Gurevitch Michael $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2021 10/18/21 Sold $8,500,000 -5.6% $817 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
01/21/2020 01/21/20 For Sale $8,999,999 +44.6% $865 / Sq Ft
09/03/2015 09/03/15 Sold $6,225,000 0.0% $598 / Sq Ft View Prior Sale
08/12/2015 08/12/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $6,225,000 -- $598 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $99,717 $9,020,267 $5,412,160 $3,608,107
2024 $97,896 $8,843,400 $5,306,040 $3,537,360
2023 $95,963 $8,670,000 $5,202,000 $3,468,000
2022 $92,562 $8,500,000 $5,100,000 $3,400,000
2021 $75,674 $6,807,945 $4,620,654 $2,187,291
2019 $73,391 $6,606,019 $4,483,603 $2,122,416
2018 $71,917 $6,476,490 $4,395,690 $2,080,800
2016 $69,347 $6,225,000 $4,225,000 $2,000,000
2015 $50,014 $4,428,939 $2,612,757 $1,816,182
2014 $49,316 $4,342,183 $2,561,577 $1,780,606
Source: Public Records

Agents Affiliated with this Home

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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-820000241

Pasadena-Foothills Association of REALTORS®

APN: 5808-019-019