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55 North Lima Street

55 North Lima Street, Sierra Madre, CA 91024
Property in Sierra Madre
Sold Aug 01, 2019
$1,495,000
$720,575 by Rocket Mortgage Llc
Mortgage Due Oct 01, 2051
Sold Sep 18, 2008
$1,180,000
$590,000 by Tj Financial Inc
Mortgage Due Oct 01, 2038
55 North Lima Street in Sierra Madre, CA was first built in 1906 and is 118 years old. Although, the building on the property was most recently renovated and altered in 1964. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 8 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 55 North Lima Street has 2,275 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 500 ft and the linear feet between the front and back of the lot is 2,050. In total, the area measurement of the land is 10,248 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of wood shake/ shingles. 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 C. 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. 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, 55 North Lima Street was last sold in Jul 1, 2019 for $1,495,000. According to our calculations, that's $657.14 per sqft. Prior to that sales transaction, the property was sold for $1,180,000 in Aug 20, 2008. Current property owners are expected to pay $17,704 in taxes per year. The property on 55 North Lima Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,571,510. To break that down further, the land itself was valued at $1,057,590. While improvements to the property were assessed at a total of $513,920. 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: 1906
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Unknown
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,248
  • Lot Size Depth Feet: 2,050
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,275
  • Building Area: 2,275
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,275
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE OAK KNOLL TRACT
  • Land Acres: 0.235
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OAK KNOLL TRACT WHITES SUB BEING THE SE 1/4 OF W 1/2 OF LOT 16 SIERRA MADRE LOT/SEC 10

Ownership

  • Current Owner : ROSENZWEIG HERSCHEL D
  • Current Owner 2: ROSENZWEIG JILL E
  • Previous Owner : CHANG CORY
  • Previous Owner 2: HALL GEORGE PEYTON
  • Owner Before Previous Owner: CARRINGTON MARSHA GRAY
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Pasadena Unified School District
  • Census Tract: 430502

Zoning

  • Zoning: SRR3CC*

Geography

  • Assessors Map Reference: 28-C2
  • Parcel: 5768-018-001
  • Lot: 16
  • Municipality: EAST /SIERRA MADRE
  • Latitude: 34.1629
  • Longitude: -118.06

    Address

  • Full Address: 55 N Lima St
  • Address - House Number: 55
  • Street Direction: N
  • Address - Street Name: Lima
  • Address - Suffix Type: St
  • State: CA
  • City Name: Sierra Madre
  • Carrier Code: C003
  • 4-Digit Zip Code: 1736
  • Zip Code: 91024

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,704
  • Tax Rate Code Area: 07-516

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,709,807
  • High Value: 2,091,890
  • Low Value: 1,327,725

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $720,575
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 15, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $720,575
  • 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: $1,571,510
  • Assessed Land Value: $1,057,590
  • Assessed Improvements Value: $513,920

    Sales

  • Current Sale Contract Date: Jul 01, 2019
  • Current Sale Recording Date: Aug 01, 2019
  • Current Sale Transaction ID: 11628514906
  • Current Sale Price: $1,495,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0762337
  • Previous Sale Recording Date: Sep 18, 2008
  • Previous Sale Contract Date: Aug 20, 2008
  • Previous Sale Amount: $1,180,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Aug 01, 2019
  • First Mortgage Loan Amount: $726,525
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: TJ FINANCIAL INC
  • Previous Mortgage Transaction Date: Sep 18, 2008
  • Previous Mortgage Loan Amount: $590,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2038

About Sierra Madre



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Frequently Asked Questions

What neighborhood is 55 North Lima Street located in?
The 55 North Lima Street is a located in the neighborhood of Sierra Madre in Sierra Madre, Sierra Madre.
What is the average sales price for listings in 55 North Lima Street?
The average sales price for units in 55 North Lima Street is $0 currently.

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