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1246 East Palm Street

1246 East Palm Street, Altadena, CA 91001
House in Altadena
Sold Dec 06, 2019
$2,700,000
Sold Mar 11, 2019
$1,445,000
$1,685,000 by Trilion Capital Fund Llc
Mortgage Due Mar 05, 2020
Local assessors in Altadena, CA have categorized 1246 East Palm Street as a residential type of property. The home was built in 1924 and is 100 years old. It was most recently renovated and altered in 1955. The property's lot size has been calculated to be 19,611 square feet. The linear feet between the front and back of the lot was measured at 2,100 ft and the front of the lot was measured at 960 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Spanish style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 13 rooms in the home. Of these, 6 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 1246 East Palm Street has a total of 4,009 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. 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. 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 - A. The building has a gable style roof that was made of tile. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1246 East Palm Street was last sold in Nov 20, 2019 for $2,700,000. According to our calculations, that's $673.48 per sqft. Prior to that sales transaction, the property was sold for $1,445,000 in Feb 28, 2019. Current property owners are expected to pay $31,081 in taxes per year. The property on 1246 East Palm Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,838,180. To break that down further, the land itself was valued at $1,681,885. While improvements to the property were assessed at a total of $1,156,295. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 19,611
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 960
  • Total Building Area: 4,009
  • Building Area: 4,009
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,009
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GROGRAN TRACT
  • Land Acres: 0.45
  • Standard Land Use Code: Single family residential
  • Legal Description 1: POR OF SAN PASCUAL RANCHO KNOWN AS THE GROGAN TRACT 0.46 AC ON S LINE OF PALM ST 66 FT WIDE COM W THEREON 468 FT FROM W LINE OF HOLLISTON AVE 50 FT WIDE TH W ON SD S LINE 96.2 FT TH S 0 0940 W THEREON 96.2 FT TH N 209.66 FT TO BEG

Ownership

  • Current Owner : POSEY MARK
  • Previous Owner : PULL PROPERTY INVESTMENTS LLC
  • Owner Before Previous Owner: DEBENEDICTIS FRANCES
  • Owner Before Previous Owner 2: DBENEDICTIS ELISE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Pasadena Unified School District
  • Census Tract: 460101

Zoning

  • Zoning: LCR120

Geography

  • Assessors Map Reference: 20-C4
  • Subdivision Tract Number: .46
  • Parcel: 5844-013-005
  • Lot: 27
  • Municipality: EAST /ALTADENA EAST
  • Latitude: 34.1928
  • Longitude: -118.125

    Address

  • Full Address: 1246 E Palm St
  • Address - House Number: 1246
  • Street Direction: E
  • Address - Street Name: Palm
  • Address - Suffix Type: St
  • State: CA
  • City Name: Altadena
  • Carrier Code: C009
  • 4-Digit Zip Code: 1722
  • Zip Code: 91001

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $31,081
  • Tax Rate Code Area: 07-543

    Appraisal Valuation

  • Standard Deviation: 0.2228
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,955,915
  • High Value: 3,614,774
  • Low Value: 2,297,056

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,838,180
  • Assessed Land Value: $1,681,885
  • Assessed Improvements Value: $1,156,295

    Sales

  • Current Sale Contract Date: Nov 20, 2019
  • Current Sale Recording Date: Dec 06, 2019
  • Current Sale Transaction ID: 11707541379
  • Current Sale Price: $2,700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-1351124
  • Previous Sale Recording Date: Mar 11, 2019
  • Previous Sale Contract Date: Feb 28, 2019
  • Previous Sale Amount: $1,445,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: TRILION CAPITAL FUND LLC
  • Previous Mortgage Transaction Date: Mar 11, 2019
  • Previous Mortgage Loan Amount: $1,685,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Mar 05, 2020

About Altadena




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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 1246 East Palm Street located in?
The 1246 East Palm Street is a house located in the neighborhood of Altadena in Altadena, Altadena.
What is the average sales price for listings in 1246 East Palm Street?
The average sales price for units in 1246 East Palm Street is $0 currently.

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