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1262 Via Del Rey

1262 Via Del Rey, South Pasadena, CA 91030
Property in South Pasadena
Sold Sep 30, 2021
$2,700,000
$1,890,000 by Guaranteed Rate Affinity Llc
Mortgage Due Oct 01, 2051
Sold Mar 21, 2001
$240,000
Local assessors in South Pasadena, CA have categorized 1262 Via Del Rey as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 8,803 square feet. The linear feet between the front and back of the lot was measured at 1,120 ft and the front of the lot was measured at 780 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional 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, 3 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 3 full bathrooms. There are also 3 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 1262 Via Del Rey has a total of 3,077 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. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 average. 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 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, 1262 Via Del Rey sold most recently in Sep 20, 2021 for a total of $2,700,000. If you work out the math, that's approximately a cost of $877.48 per sqft. Before that, the property was also sold for $240,000 in Jul 18, 1998. 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 $32,285 in taxes each year. The initial year of tax delinquency occurred in 2021. 1262 Via Del Rey was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,754,000. If we break it down further, the land itself was valued at $1,677,900. Improvements to the property, however, were assessed at a total of $1,076,100. The property's total assessed value has been marked as more than the total market value 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Gravel/rock
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,803
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 780
  • Total Building Area: 3,077
  • Building Area: 3,077
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,077
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 25588
  • Land Acres: 0.202
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 25588 LOT/SEC 478

Ownership

  • Current Owner : GALLO KEITH MICHAEL
  • Current Owner 2: FONG MIMI
  • Previous Owner : DECARDENAS MARIA
  • Previous Owner 2: THE MDC REVOCABLE TRUST
  • Owner Before Previous Owner: DECARDENAS GILBERT L
  • Owner Before Previous Owner 2: DECARDENAS JENNIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: South Pasadena Unified School District
  • Census Tract: 480703

Zoning

  • Zoning: SPR1*

Geography

  • Assessors Map Reference: 36-F2
  • Subdivision Tract Number: 25588
  • Parcel: 5314-027-007
  • Lot: 478
  • Municipality: EAST /SOUTH PASADENA
  • Latitude: 34.1096
  • Longitude: -118.161

    Address

  • Full Address: 1262 Via Del Rey
  • Address - House Number: 1262
  • Address - Street Name: Via Del Rey
  • State: CA
  • City Name: South Pasadena
  • Carrier Code: C023
  • 4-Digit Zip Code: 3629
  • Zip Code: 91030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $32,285
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 09-032

    Appraisal Valuation

  • Standard Deviation: 0.2232
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,590,812
  • High Value: 3,169,197
  • Low Value: 2,012,427

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,890,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: Sep 30, 2021
  • First Open Lien Mortgage Loan Amount: $1,890,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,754,000
  • Assessed Land Value: $1,677,900
  • Assessed Improvements Value: $1,076,100

    Sales

  • Current Sale Contract Date: Sep 20, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Transaction ID: 11857664972
  • Current Sale Price: $2,700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1489570
  • Previous Sale Recording Date: Mar 21, 2001
  • Previous Sale Contract Date: Jul 18, 1998
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Mortgage Transaction Date: Sep 30, 2021
  • First Mortgage Loan Amount: $1,890,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About South Pasadena



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Frequently Asked Questions

What neighborhood is 1262 Via Del Rey located in?
The 1262 Via Del Rey is a located in the neighborhood of South Pasadena in South Pasadena, South Pasadena.
What is the average sales price for listings in 1262 Via Del Rey?
The average sales price for units in 1262 Via Del Rey is $0 currently.

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