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340 Walnut Drive

340 Walnut Drive, Pasadena, CA 91107
Property in East Pasadena
Sold Aug 09, 2021
$771,000
$732,450 by Thrive Mortgage Llc
Mortgage Due Sep 01, 2051
Sold Oct 11, 1996
$145,000
$142,659 by North American Mtg
Mortgage Due Nov 01, 2026
340 Walnut Drive has been categorized by the local assessors in Pasadena, CA as a residential type of property. The building on the property was first built in 1941 and is 83 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 340 Walnut Drive has 722 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 940 ft and across the front of the lot is 660 ft. The area measurement of the land has been determined as 6,007 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing floor/wall heating system. The property was last sold in Jul 28, 2021 for $771,000. That's $1,067.87 per sqft. Prior to that sales transaction, the property was also sold in Sep 10, 1996 for $145,000. 340 Walnut Drive was last assessed in 2023. The total value of the property was assessed at $786,420. Specifically, the land the property is located on was valued at $629,136. While improvements on the property were assessed at a total of $157,284. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $8,868. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,007
  • Lot Size Depth Feet: 940
  • Lot Size Frontage Feet: 660
  • Total Building Area: 722
  • Building Area: 722
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 722
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 3489
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 3489 LOT COM AT MOST W COR OF LOT 19 BLK B TH NE ON NW LINE OF SD LOT 66.22 FT TH S 89 45 E 87.61 FT TH S TO S LINE OF SD LOT TH W THEREON 99.6 FT TO BEG PART OF LOT/SEC 19 BLK/DIV/TWN B

Ownership

  • Current Owner : LAYLAND PAUL THOMAS
  • Current Owner 2: LAYLAND BACHMANN CORINNE
  • Previous Owner : SANCHEZ DIANE M
  • Owner Before Previous Owner: ZELLER BERNARD H
  • Owner Before Previous Owner 2: THE BERNARD H ZELLER 1995 TRUS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Pasadena Unified School District
  • Census Tract: 463103

Zoning

  • Zoning: LCR105

Geography

  • Assessors Map Reference: 28-B4
  • Subdivision Tract Number: 3489
  • Parcel: 5755-014-013
  • Block: B
  • Lot: 19,66
  • Municipality: HALL OF ADMINISTRATION
  • Latitude: 34.1406
  • Longitude: -118.072

    Address

  • Full Address: 340 Walnut Dr
  • Address - House Number: 340
  • Address - Street Name: Walnut
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Pasadena
  • Carrier Code: C077
  • 4-Digit Zip Code: 4932
  • Zip Code: 91107

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,868
  • Tax Rate Code Area: 07-562

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 877,428
  • High Value: 1,076,400
  • Low Value: 678,456

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $732,450
  • First Open Lien Mortgage Lender: THRIVE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 09, 2021
  • First Open Lien Mortgage Loan Amount: $732,450
  • 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: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $786,420
  • Assessed Land Value: $629,136
  • Assessed Improvements Value: $157,284

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Aug 09, 2021
  • Current Sale Transaction ID: 11846784112
  • Current Sale Price: $771,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1216208
  • Previous Sale Recording Date: Oct 11, 1996
  • Previous Sale Contract Date: Sep 10, 1996
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: THRIVE MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 09, 2021
  • First Mortgage Loan Amount: $732,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NORTH AMERICAN MTG
  • Previous Mortgage Transaction Date: Oct 11, 1996
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $142,659
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2026

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Frequently Asked Questions

What neighborhood is 340 Walnut Drive located in?
The 340 Walnut Drive is a located in the neighborhood of East Pasadena in East Pasadena, Pasadena.
What is the average sales price for listings in 340 Walnut Drive?
The average sales price for units in 340 Walnut Drive is $0 currently.

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