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496 Palmetto Drive

496 Palmetto Drive, Pasadena, CA 91105
Sold May 30, 2008
$1,795,000
$1,052,000 by Bank Of America Na
Mortgage Due Nov 01, 2047
496 Palmetto Drive in Pasadena, CA was first built in 1901 and is 123 years old. Although, the building on the property was most recently renovated and altered in 1930. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Tudor style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 496 Palmetto Drive has 3,004 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 1,550. In total, the area measurement of the land is 13,966 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 496 Palmetto Drive was last sold in Apr 28, 2008 for $1,795,000. According to our calculations, that's $597.54 per sqft. Current property owners are expected to pay $24,925 in taxes per year. The property on 496 Palmetto Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,281,413. To break that down further, the land itself was valued at $1,370,453. While improvements to the property were assessed at a total of $910,960. 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.

Building Features

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1901
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Tudor
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,966
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 700
  • Total Building Area: 3,004
  • Building Area: 3,004
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,004
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GLEN ROSE TRACT
  • Land Acres: 0.321
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GLEN ROSA LOT ON S LINE OF PALMETTO ST COM E 26 FT FROM NW COR OF LOT 5 BLK A TH E ON SD S LINE 70 FT TH S AT R/A 199.5 FT TO S LINE OF SD LOT TH W THEREON 70 FT TH N TO BEG PART OF LOTS 4AND LOT 5 BLK A

Ownership

  • Current Owner : THOMPSON RUPERT
  • Current Owner 2: THOMPSON LAURA Z
  • Previous Owner : WATKINS JOHN F
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Pasadena Unified School District
  • Census Tract: 463700

Zoning

  • Zoning: PSR4

Geography

  • Assessors Map Reference: 26-E5
  • Parcel: 5714-008-003
  • Block: A
  • Lot: 5
  • Municipality: HALL OF ADMINISTRATION / GLEND
  • Latitude: 34.1371
  • Longitude: -118.161

    Address

  • Full Address: 496 Palmetto Dr
  • Address - House Number: 496
  • Address - Street Name: Palmetto
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Pasadena
  • Carrier Code: C014
  • 4-Digit Zip Code: 1607
  • Zip Code: 91105

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,925
  • Tax Rate Code Area: 07-500

    Appraisal Valuation

  • Standard Deviation: 0.2293
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 2,990,470
  • High Value: 3,676,222
  • Low Value: 2,304,719

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,502,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 07, 2017
  • First Open Lien Mortgage Loan Amount: $1,052,000
  • 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: Nov 01, 2047
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Feb 22, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $450,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,281,413
  • Assessed Land Value: $1,370,453
  • Assessed Improvements Value: $910,960

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 28, 2008
  • Current Sale Recording Date: May 30, 2008
  • Current Sale Transaction ID: 1013870503
  • Current Sale Price: $1,795,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 08-0953610

    Last Sale Mortgage

  • First Mortgage Lender: UNION BANK OF CALIFORNIA NA
  • First Mortgage Transaction Date: May 30, 2008
  • First Mortgage Loan Amount: $1,256,500
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 496 Palmetto Drive located in?
The 496 Palmetto Drive is a house located in the neighborhood of Lower Arroyo in West Pasadena, Pasadena.
What is the average sales price for listings in 496 Palmetto Drive?
The average sales price for units in 496 Palmetto Drive is $0 currently.

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