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1348 Inverness Drive

1348 Inverness Drive, Pasadena, CA 91103
Property in Putney
Sold Jun 29, 2000
$1,480,000
$1,050,000 by Merrill Lynch Credit Corp
Mortgage Due Jul 01, 2025
Sold Mar 19, 1997
$954,000
Local assessors in Pasadena, CA have categorized 1348 Inverness Drive as a residential type of property. The home was built in 1995 and is 29 years old. It was most recently renovated and altered in 1997. The property's lot size has been calculated to be 56,196 square feet. The linear feet between the front and back of the lot was measured at 1,800 ft and the front of the lot was measured at 3,100 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 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. If we look only at the heated or air conditioned part of the building, then 1348 Inverness Drive has a total of 5,699 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. 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 - D. 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, 1348 Inverness Drive was last sold in Apr 26, 2000 for $1,480,000. According to our calculations, that's $259.69 per sqft. Prior to that sales transaction, the property was sold for $954,000 in Mar 4, 1997. Current property owners are expected to pay $24,597 in taxes per year. The property on 1348 Inverness Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,186,394. To break that down further, the land itself was valued at $1,299,725. While improvements to the property were assessed at a total of $886,669. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 56,196
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 3,100
  • Total Building Area: 5,699
  • Building Area: 5,699
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,699
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 95
  • Land Acres: 1.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 95O5 LOT COM AT NE COR OF LOT 25 TH S 5 DEG 35 M1N 3O SEC W 162.71 FT TH S 31 DEG O2 M1N 53 SEC W 26.32 FT TO SW L1NE OF SD LOT TH NW AND FOLLOW1NG BDRY L1NE OF SD LOT TO BEG PART OF LOT/SEC 25

Ownership

  • Current Owner : JORDAN THOMAS H
  • Previous Owner : WEST COAST ENTERPRISES LP
  • Owner Before Previous Owner: GROSSBERG EWEL
  • Owner Before Previous Owner 2: THE GROSSBERG TRUST OF 1983
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Pasadena Unified School District
  • Census Tract: 460800

Zoning

  • Zoning: PSR2

Geography

  • Assessors Map Reference: 19-D6
  • Subdivision Tract Number: 95
  • Parcel: 5704-012-001
  • Lot: 25
  • Municipality: HALL OF ADMINISTRATION / GLEND
  • Latitude: 34.1767
  • Longitude: -118.181

    Address

  • Full Address: 1348 Inverness Dr
  • Address - House Number: 1348
  • Address - Street Name: Inverness
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Pasadena
  • Carrier Code: C023
  • 4-Digit Zip Code: 1121
  • Zip Code: 91103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,597
  • Tax Rate Code Area: 07-500

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 4,177,182
  • High Value: 5,124,755
  • Low Value: 3,229,609

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,800,000
  • First Open Lien Mortgage Lender: MERRILL LYNCH CREDIT CORP
  • First Open Lien Mortgage Recording Date: Jun 29, 2000
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,050,000
  • First Open Lien Mortgage Term: 300
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2025
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Nov 27, 2019
  • Second Open Lien Mortgage Loan Amount: $750,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,186,394
  • Assessed Land Value: $1,299,725
  • Assessed Improvements Value: $886,669

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 26, 2000
  • Current Sale Recording Date: Jun 29, 2000
  • Current Sale Transaction ID: 1033687404
  • Current Sale Price: $1,480,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 00-0996634
  • Previous Sale Recording Date: Mar 19, 1997
  • Previous Sale Contract Date: Mar 04, 1997
  • Previous Sale Amount: $954,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MERRILL LYNCH CREDIT CORP
  • First Mortgage Transaction Date: Jun 29, 2000
  • First Mortgage Loan Amount: $1,050,000
  • First Mortgage Terms: 300
  • First Mortgage Loan Due Date: Jul 01, 2025

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 1348 Inverness Drive located in?
The 1348 Inverness Drive is a located in the neighborhood of Putney in Northwest Pasadena, Pasadena.
What is the average sales price for listings in 1348 Inverness Drive?
The average sales price for units in 1348 Inverness Drive is $0 currently.

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