tomo logo

$2,799,999

Beds
4
Baths
3.5
sq ft
4,075

505 Lotus Ln, Sierra Madre, CA 91024

505 Lotus Ln

Sierra Madre, CA 91024

  • 54 days on market
    • Price drop $88,889↓
Desirable Sierra Madre Masterpiece. Located on a hilltop private cul-de-sac road with Picturesque Views. This gorgeous English Tudor offers 4 bedroom, 3.5 baths. Fully remodeled with an open concept family room and kitchen combo, informal eating area, formal dining room with view to the pool. Equipped with two brand new AC units. The private backyard features a gorgeous custom built heated pool and spa. Large built-in BBQ areas for relaxation and entertainment. Oversized laundry room and formal living room. All bedrooms are on the second floor. Balcony with great views of the dining area and the primary en-suite bedroom. Easy access to Freeways, Shopping Mall and Restaurants. Sierra Madre community, known for its charming downtown, hiking trails, and top-rated schools. Your new home offers living at its finest. Schedule your private showing today and see what this exquisite home has to offer!

Details

Property type

Single Family Residence

Est. home value

$1,635,701

Property condition

Updated/Remodeled

Lot size

0.4205 acres

Price per sq ft

$688

Year built

1991

HOA

No

Price History

11/05/2024
CRMLS

CRMLS #WS24199879

Price change
$2,799,999
-3.08%
09/26/2024
CRMLS

CRMLS #WS24199879

Listed
$2,888,888
+20.42%
06/29/2024
CRMLS

CRMLS #WS24117459

Removed
$2,399,000

Schools & Community

Elementary school: 

Sierra Madre

Middle school: 

Sierra Madre

High school: 

Pasadena

High school district: 

Pasadena Unified

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

Petit Eight Llc

Loan start date

August 2022

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

5.81%

Loan type

Commercial

Seller

Ludlow Holdings Llc

Lender

Prestige Capital Group Inc

Loan start date

July 2022

Original loan amount

$135,299

Est. remaining balance

Not provided

Interest rate

5.23%

Loan type

Commercial

Seller

Ludlow Holdings Llc

Lender

Loan Funder Llc

Loan start date

March 2022

Original loan amount

$2,224,200

Est. remaining balance

Not provided

Interest rate

3.55%

Loan type

Commercial

Seller

Ludlow Holdings Llc

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?

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Status: Active

Tomo last checked: 11/19/2024 at 9:45 AM

Listing updated: 11/10/2024 at 3:40 PM

Listed by: PAMELA PHAN, L A FUNDING & REALTY Phone #: (626) 864-8089

MLS: CRMLS #WS24199879

CRMLS logo

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