501 Lotus Ln, Sierra Madre, CA 91024
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501 Lotus Ln Sierra Madre, CA 91024

$730,000 Sold Price as of 01/23/2024
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$730,000 Sold Price as of 01/23/2024 Refinance Your Mortgage

Map preview of 501 Lotus Ln, Sierra Madre, CA 91024

Property Overview: 501 Lotus Ln Sierra Madre, CA has -- bedrooms, -- bathrooms, -- living square feet and 653,400 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fabulous opportunity to own a special piece of land in Sierra Madre!! Very private and lush with trees. Abundant wildlife! LAND VALUE ONLY!! Property consists of three APN #’s: 5674-031-001, 5764-031-002, and 5764-031-007. There are two legal lots. Each lot can have ONE house built on it. Buyer to check with the City of Sierra Madre for development requirements, restrictions, etc. Some utilities are connected. Condition of the structures will not be considered as a contingency as one is “yellow-tagged” and one is “red-tagged”. They are not habitable. DO NOT ENTER STRUCTURES. Please note: pictures were taken before last years winter rains and the tree trimming/removal.

Listed by Katherine Orth | BRE #00942500 | Compass
Co-listed by Jan Greteman | BRE #01943630 | Compass
Last checked: 6 minutes ago | Last updated: January 23rd, 2024 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
653,400
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
AR23217562
City
Sierra Madre
County
Los Angeles
Time on Site
147 days

Property Details for 501 Lotus Ln

Exterior Features
Exterior Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot Over 40000 Sqft, Irregular Lot, Steep Slope, Tear Down, Treed Lot, Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Mountain(s), Trees/Woods
  • Parcel Number: 5764031001
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
  • Utilities: See Remarks
Assessment Information
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: North on Camillo. Veer left onto Lotus Lane. Property begins at chain link gate. Next to 505 Lotus Lane
  • Road Surface Type: Paved, Unpaved
Neighborhood Information
  • Community Features: Foothills
View more facts & features

Local Sierra Madre Agent

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Sale History for 501 Lotus Ln

Last sold for $730,000 on January 23rd, 2024
  • January, 2024

  • Jan 23, 2024

    Date

    Sold

    CRMLS: AR23217562

    $730,000

    Price

  • Nov 28, 2023

    Date

    Active

    CRMLS: AR23217562

    $850,000

    Price

  • November, 2023

  • Nov 28, 2023

    Date

    Canceled

    CRMLS: AR23162463

    $1,000,000

    Price

  • Aug 30, 2023

    Date

    Active

    CRMLS: AR23162463

    $1,000,000

    Price

  • Listing provided courtesy of CRMLS

    Fabulous opportunity to own a special piece of land in Sierra Madre! Very private and lush with trees. Abundant wildlife. LAND VALUE ONLY!!! Property consists of three APN’s (5764-031-001, 5764-031-002, 5764-031-007). There are two legal lots upon which only ONE house can be built on each. Buyer must check with the City of Sierra Madre for development requirements, restrictions, etc. Some utilities are connected. Condition of the structures will not be considered as a contingency as one is “yellow-tagged” and one is “red-tagged”. They are not habitable. DO NOT ENTER. Please note: pictures were taken in before the winter rains and tree trimming/removal.

  • August, 2023

  • Aug 30, 2023

    Date

    Canceled

    CRMLS: AR23046579

    $598,000

    Price

  • Mar 21, 2023

    Date

    Active

    CRMLS: AR23046579

    $598,000

    Price

  • Listing provided courtesy of CRMLS

    This property is being sold for LAND VALUE only. House is NOT habitable. DO NOT ENTER. This is a rare opportunity to build ONE home on 7.36 acres of pristine hillside. Buyer must check with the City of Sierra Madre for development opportunities . Some utilities are connected. A lot line adjustment on APN numbers 5764-031-001, 5764-031-002 and 5764-031-007 was recorded on March 16, 2023. Los Angeles county public maps do not yet reflect the new parcels. Adjacent parcel listed under LAND MLS #AR23046585 (APN # 5764031002 and #5764031007) is for sale also.

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Tax History for 501 Lotus Ln

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $1,060 -- --

Home Value Compared to the Market

This property vs the competition

501 Lotus Ln sold on January 23, 2024 for 39.79% lower than the current median sold price for the city of Sierra Madre which is $1,411,800.

About 501 Lotus Ln

Detailed summary of property

501 Lotus Ln is a land that recently sold in Sierra Madre, CA 91024. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 653,400 square foot lot. 501 Lotus Ln was first listed on ArdentRealEstateGroup.com on November 28, 2023. The homeowner sold the property for $730,000. Home in Sierra Madre are selling for a median price of $1,411,800 and a median price per square foot of $677. Based on Ardent Real Estate Group's Sierra Madre Market Data, this home is sold 39.79% lower than the current median priced home. Local homes that are currently for sale include 1562 Calle Cristina, 1599 Landa St and 664 Gordon Highlands Rd. While the average home in Sierra Madre, CA is selling in 51 days, 501 Lotus Ln has a days on market of 21 days. There are currently 27 homes for sale in the Sierra Madre real estate market and 25 of them are single family homes while 1 of them are condos and 1 are townhomes. For more information on this home for sale at 501 Lotus Ln Sierra Madre, CA 91024 contact Ardent Real Estate Group and we will put you in touch with one of our Sierra Madre agents.

Public Facts for 501 Lotus Ln

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
105,763
Stories
--
Type
Residential-Vacant Land
Pool
No
Spa
No
County
Los Angeles
Lot#
264,A
APN
5764-031-001

The source for these homes facts are from public records.

91024 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,748,000
Median List Price/Sq.Ft.
$709
Median Sold Price
$1,411,800
Median Sold Price/Sq.Ft.
$653
Total Inventory
27
Median Sale to List Price %
106.55%
Avg Days on Market
62
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (75%), Other (12.5%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.