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5245 Palm Drive

5245 Palm Drive, La Canada Flintridge, CA 91011
Sold Aug 22, 2007
$829,000
$328,000 by E Central Cu
Mortgage Due Sep 01, 2048
5245 Palm Drive has been categorized by the local assessors in La Canada Flintridge, CA as a residential type of property. The building on the property was first built in 1952 and is 72 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5245 Palm Drive has 1,178 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 1,500 ft and across the front of the lot is 960 ft. The area measurement of the land has been determined as 14,264 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 A by the local assessor. The building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery 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, 5245 Palm Drive was last sold in Jun 5, 2007 for $829,000. According to our calculations, that's $703.74 per sqft. Current property owners are expected to pay $11,700 in taxes per year. The property on 5245 Palm Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,046,608. To break that down further, the land itself was valued at $837,292. While improvements to the property were assessed at a total of $209,316. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 14,264
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 960
  • Total Building Area: 1,178
  • Building Area: 1,178
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,178
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4598
  • Land Acres: 0.328
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 4598 LOT COM SW ON NW LINE OF PALM DR 5 FT FROM MOST E COR OF LOT 25 TH SW ON SD NW LINE TO A LINE PARALLEL WITH AND DIST E AT R/A 27.37 FT FROM W LINE OF SD LOT TH N ON SD PARALLEL LINE E TO BEG PART OF LOT/SEC 25

Ownership

  • Current Owner : ANDERSON MICHAEL HOWARD
  • Current Owner 2: ANDERSON KATHRYN ANN
  • Previous Owner : ASHCRAFT LOUISE E
  • Previous Owner 2: ASHCRAFT TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: La Caada Unified School District
  • Census Tract: 460601

Zoning

  • Zoning: LFR115000*

Geography

  • Assessors Map Reference: 19-A1
  • Subdivision Tract Number: 4598
  • Parcel: 5864-006-005
  • Lot: 25
  • Municipality: NORTH /LA CANADA
  • Latitude: 34.2255
  • Longitude: -118.215

    Address

  • Full Address: 5245 Palm Dr
  • Address - House Number: 5245
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: La Canada Flintridge
  • Carrier Code: C008
  • 4-Digit Zip Code: 1657
  • Zip Code: 91011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,700
  • Tax Rate Code Area: 15-278

    Appraisal Valuation

  • Standard Deviation: 0.2236
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,580,789
  • High Value: 1,934,370
  • Low Value: 1,227,207

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $643,000
  • First Open Lien Mortgage Lender: E CENTRAL CU
  • First Open Lien Mortgage Recording Date: Sep 11, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $328,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2048
  • Second Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • Second Open Lien Mortgage Recording Date: Jul 26, 2021
  • Second Open Lien Mortgage Loan Amount: $315,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,046,608
  • Assessed Land Value: $837,292
  • Assessed Improvements Value: $209,316

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 05, 2007
  • Current Sale Recording Date: Aug 22, 2007
  • Current Sale Transaction ID: 1027977677
  • Current Sale Price: $829,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 07-1965232

    Last Sale Mortgage

  • First Mortgage Lender: KINECTA FCU
  • First Mortgage Transaction Date: Aug 22, 2007
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2037

    Financing

  • First Mortgage Financing Type: Fixed Rate

About La Canada Flintridge



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$4,500 /mo

  • 2 Beds
  • 2 Baths
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2219 Canada Blvd, Glendale, CA, 91208 Listing by Shannon Fenton

Frequently Asked Questions

What neighborhood is 5245 Palm Drive located in?
The 5245 Palm Drive is a located in the neighborhood of La Ca?ada Flintridge in La Canada Flintridge, La Canada Flintridge.
What is the average sales price for listings in 5245 Palm Drive?
The average sales price for units in 5245 Palm Drive is $0 currently.

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