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1241 Encino Drive

1241 Encino Drive, San Marino, CA 91108
House in Oak Knoll
Sold Apr 22, 2020
$2,200,000
$1,982,125 by Center Street Lending Iii Spe
Mortgage Due Apr 28, 2051
Sold Jun 08, 2007
$1,645,000
$1,233,750 by Washington Mutual Bank Fa
Mortgage Due Jul 01, 2037
Local assessors in San Marino, CA have categorized 1241 Encino Drive as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 21,126 square feet. The linear feet between the front and back of the lot was measured at 1,950 ft and the front of the lot was measured at 1,100 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 15 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1241 Encino Drive has a total of 3,848 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a flat style roof that was made of gravel/rock. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1241 Encino Drive sold most recently in Mar 3, 2020 for a total of $2,200,000. If you work out the math, that's approximately a cost of $571.73 per sqft. Before that, the property was also sold for $1,645,000 in Apr 30, 2007. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $25,488 in taxes each year. The initial year of tax delinquency occurred in 2022. 1241 Encino Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,312,589. If we break it down further, the land itself was valued at $1,387,554. Improvements to the property, however, were assessed at a total of $925,035. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Modern
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Gravel/rock
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 21,126
  • Lot Size Depth Feet: 1,950
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 3,848
  • Building Area: 3,848
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,848
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OAK KNOLL
  • Land Acres: 0.485
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OAK KNOLL SHEET B LOT COM AT MOST E COR OF LOT 31 TH W ON S LINE OF SD LOT 201.36 FT TH N 35 43'15 W TO A LINE PARALLEL WITH AND MIDWAY BETWEEN N AND SSEE ASSESSOR MAPBOOK FOR MISSING PORTIONBEG PART OF LOT 31

Ownership

  • Current Owner : 1241 ENCINO PROJECT LLC
  • Previous Owner : PUNZALAN RUBIO
  • Owner Before Previous Owner: PARDO VERONICA
  • Owner Before Previous Owner 2: PARDO JORGE I
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Aug 07, 2023

Neighborhood

  • School District Name: Pasadena Unified School District
  • Census Tract: 464000

Zoning

  • Zoning: PSR2

Geography

  • Assessors Map Reference: 27-C6
  • Parcel: 5325-014-027
  • Lot: 31
  • Municipality: EAST /PAS WEST/S 210
  • Latitude: 34.1235
  • Longitude: -118.13

    Address

  • Full Address: 1241 Encino Dr
  • Address - House Number: 1241
  • Address - Street Name: Encino
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Marino
  • Carrier Code: C005
  • 4-Digit Zip Code: 1009
  • Zip Code: 91108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,488
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 07-500

    Appraisal Valuation

  • Standard Deviation: 0.0676
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 96
  • Final Value: 3,643,106
  • High Value: 3,889,555
  • Low Value: 3,396,657

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,982,125
  • First Open Lien Mortgage Lender: CENTER STREET LENDING III SPE
  • First Open Lien Mortgage Recording Date: Apr 28, 2021
  • First Open Lien Mortgage Loan Amount: $1,982,125
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Apr 28, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,312,589
  • Assessed Land Value: $1,387,554
  • Assessed Improvements Value: $925,035

    Sales

  • Current Sale Contract Date: Mar 03, 2020
  • Current Sale Recording Date: Apr 22, 2020
  • Current Sale Transaction ID: 11755372369
  • Current Sale Price: $2,200,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0444632
  • Previous Sale Recording Date: Jun 08, 2007
  • Previous Sale Contract Date: Apr 30, 2007
  • Previous Sale Amount: $1,645,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PIVOTAL CAPITAL GROUP II LLC
  • First Mortgage Transaction Date: Apr 22, 2020
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Jun 08, 2007
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,233,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Negative Amortization
  • Previous Mortgage Loan Due Date: Jul 01, 2037

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Frequently Asked Questions

What neighborhood is 1241 Encino Drive located in?
The 1241 Encino Drive is a house located in the neighborhood of Oak Knoll in Southeast Pasadena, San Marino.
What is the average sales price for listings in 1241 Encino Drive?
The average sales price for units in 1241 Encino Drive is $0 currently.

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