tomo logo

$2,425,000

Beds
4
Baths
5.0
sq ft
3,506

126 E Palm St, Altadena, CA 91001

126 E Palm St

Altadena, CA 91001

  • 95 days on market
    • Price drop $100,000↓
126 E. Palm St. is a luxury:Completely updated Colonial 3,956 sqft. home including a 450 sqft. basement with 2 entrances4 bedrooms 6 bath house on a 21,940 sqft. lot. Formal living room with original built ins and beautiful mahogany French doors that open to an outdoor courtyard.State of the art kitchen with custom hammered copper hood.Custom molding and trim work throughout the home.Custom woodwork in mudroom and pantry.All new dual pane windows.Den attached to Mud Room used as office.Large patio in the rear for entertaining.Tesla Solar Roof installed in 2021 with two Tesla Powerwall batteries in the garage for whole house backup. Completely paid off ($65,000 value). Offsets daily energy use while providing uninterrupted electrical service during power outage.Brand new renovated chimney 100 years old, bolted to house with new flue.Rebuilt fireplace located in formal living room.3 electrical subpanels, one of which is upstairs servicing all the electrical on the second floor.Earthquake bracing and bolting completed, with shear wall reinforcement added to exterior walls during renovation. Ring Home alarm system, Nest Thermostats, Gigabit fiber internet, dual HVAC system, and capability to charge 2 electrical vehicles make this home technically very desirable.Backyard has 13 fruit trees all with irrigation down the East Wall. Includes Avocados (2), Lemons (2), Oranges (2), Mandarins (2), Pomegranate (1), Fuji Apple (1), and Figs (3).Ample space to develop the backyard. A dwelling (see photo) for a 975 sqft. ADU with plans and preliminary approval from County. Seller is willing to pay up to $2,500 to renew the plans at close of escrow.Significant improvements are taking place on Palm Street with the construction of 16 brand new single family homes nearby, selling for just under $2,000,000. It is tenant occupied until December 31, 2024.Seller has moved out of state and will help to facilitate the sale.

Details

Property type

Single Family Residence

Est. home value

$2,819,010

Lot size

0.5037 acres

Price per sq ft

$692

Year built

1926

HOA

No

Price History

12/05/2024
CRMLS

CRMLS #P1-19317

Price change
$2,425,000
-3.96%
09/19/2024
CRMLS

CRMLS #P1-19317

Listed
$2,525,000
+129.55%
03/19/2019
CRMLS

CRMLS #SB19007855

Sold
$1,100,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Zb Na

Loan start date

September 2021

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

2.47%

Loan type

Credit Line (Revolving)

Seller

Saro J Davidian and Arda C Davidian

Lender

United Wholesale Mortgage

Loan start date

May 2021

Original loan amount

$900,000

Est. remaining balance

$833,053

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Saro J Davidian and Arda C Davidian

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
CRMLS
$2,595,000
4 bd
|
3.25 ba
|
3,229 sq ft
|
House

5334 Angeles Crest Hwy, La Canada Flintridge, CA 91011

Price drop
CRMLS
$2,325,000
4 bd
|
3 ba
|
2,296 sq ft
|
House

727 Waldorf Rd, La Canada Flintridge, CA 91011

Price drop
CRMLS
$2,198,000
4 bd
|
2.5 ba
|
2,797 sq ft
|
House

1953 Grand Oaks Ave, Altadena, CA 91001

Status: Active

Tomo last checked: 12/23/2024 at 1:00 AM

Listing updated: 12/04/2024 at 6:11 PM

Listed by: Arpi Barsoumian, Sunrise Realtors Phone #: (626) 255-2683

MLS: CRMLS #P1-19317

CRMLS logo

Recently listed in Altadena

$799,000|2 bd|1.0 ba|House
$1,199,000|3 bd|2.0 ba|House
$1,233,500|4 bd|2.0 ba|House
$1,600,000|4 bd|2.25 ba|House
$998,000|3 bd|1.5 ba|House
$1,199,000|4 bd|1.5 ba|House
$1,675,000|3 bd|2.75 ba|House
$1,578,000|4 bd|2.0 ba|House
$1,295,000|3 bd|2.75 ba|House
$1,835,900|5 bd|3.75 ba|House