974 Palm Terrace, Pasadena, CA 91104
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974 Palm Terrace Pasadena, CA 91104

$1,240,000 Sold Price as of 07/26/2022
  • 4 Beds
  • 2 Baths
  • 2,133 Sq.Ft.
Sold
$1,240,000 Sold Price as of 07/26/2022 Refinance Your Mortgage

Map preview of 974 Palm Terrace, Pasadena, CA 91104

Property Overview: 974 Palm Terrace Pasadena, CA has 4 bedrooms, 2 bathrooms, 2,133 living square feet and 9,257 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: It is quite rare for a two on a lot property to come available in the Washington Square Landmark District. Sited on a large 9,257 square foot parcel, 974 Palm Terrace is a legal duplex with two stand-alone single-family homes. 974 Palm Terrace is the front home with just under 1,200 square feet living space and 976 Palm Terrace is the rear home with just under 950 square feet living space. There is also a two-car detached garage and carport. The parcel was originally developed in 1890 with the construction of the rear unit. The Bungalow style home includes two bedrooms and one bathroom with a living room, dining area, and kitchen. There is also a separate laundry and quaint front porch. The space also offers a front yard and small backyard along with a parking space and covered carport. Though the fireplace in the living room is decorative only, it does showcase the character of an 1890's home.Around 1956, the lot was further developed with the addition of a two-car garage and front unit. The traditional style home includes two bedrooms, a bathroom, living room, dining area, laundry room, and kitchen. The space was renovated less than a decade ago and has been beautifully maintained and cared for. The front home also offers a lovely rear courtyard and landscaped front yard.The current owner has done a wonderful job improving the property during his tenure with the addition of central air conditioning to the front unit, newer water heaters to both units, new dishwashers in both units, foundation support to the rear unit, and various new fixtures throughout. The result is an extremely nice property for a fortunate buyer.

Listed by Jeremy Hardy | BRE #01369308 | Craig Estates and Fine Properties
Last checked: 9 minutes ago | Last updated: May 15th, 2024 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
9,257
HOA Dues
$0/mo
Year built
1890
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
P1-9847
City
Pasadena
County
Los Angeles
Time on Site
836 days

Property Details for 974 Palm Terrace

Interior Features
Cooling Information
  • Has Cooling
Heating Information
  • Has Heating
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Decorative, Living Room
Room Information
  • Laundry, Living Room
Kitchen Information
  • Has Appliances
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Fence
  • No Spa
  • Spa Features: None
  • Has Sprinklers
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • No Attached Garage
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Has View
  • View: Mountain(s)
  • Common Walls: No Common Walls
  • Parcel Number: 5730022011
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: Lake Avenue (north) to Mountain (west) to Palm Terrace (north)
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 974 Palm Terrace

Last leased for $2,800 on March 13th, 2023
  • March, 2023

  • Mar 13, 2023

    Date

    Leased

    CRMLS: RS22220130

    $2,800

    Price

  • Oct 11, 2022

    Date

    Active

    CRMLS: RS22220130

    $3,150

    Price

  • Listing provided courtesy of CRMLS

    Welcome to Madison Heights finest! Enjoy the comfort and privacy of having your own cottage in this wonderful Craftsman home. You can sit in your rocking chairs on the great covered front porch or relax in the private, fenced backyard. There is a beautiful front room that flows into the rest of the home. In the fully equipped kitchen find granite counters, stainless steel appliances as well as a dishwasher. The laundry room in the rear has hookups for a full sized washer and dryer. The bathroom has been upgraded with a new large shower. Two bedrooms complete this quaint cottage waiting for you to call home. New flooring and paint throughout complete this comfortable, and inviting home. Make yourself comfortable with the ductless heating and cooling. Parking is under the covered carport and an additional space for your second vehicle. There is also a bonus room that is perfect for an in home office.

  • July, 2022

  • Jul 26, 2022

    Date

    Sold

    CRMLS: P1-9846

    $1,240,000

    Price

  • Jun 5, 2022

    Date

    Active

    CRMLS: P1-9846

    $1,099,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2022

  • Jul 26, 2022

    Date

    Sold

    CRMLS: P1-9847

    $1,240,000

    Price

  • Jun 5, 2022

    Date

    Active

    CRMLS: P1-9847

    $1,099,000

    Price

  • October, 2020

  • Oct 21, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2014

  • Oct 24, 2014

    Date

    Price Change

    CRMLS: P0-314032781

    $2,395

    Price

  • Listing provided courtesy of CRMLS

    Wonderfully remodeled two bedroom home in Washington Square Historic District. Home features large living room, dining area, spacious kitchen with granite countertops and stainless steel appliances, two nicely sized bedrooms, and a remodeled bathroom. Additional features include hardwood floors, laundry room, outdoor patio, central heating and air conditioning, and two car garage. Property is available for immediate occupancy.

  • August, 2014

  • Aug 20, 2014

    Date

    Sold (Public Records)

    Public Records

    $740,000

    Price

  • July, 2014

  • Jul 8, 2014

    Date

    Price Change

    CRMLS: P0-214020559

    $759,000

    Price

  • May 28, 2014

    Date

    Price Change

    CRMLS: P0-214020559

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    Hard-to-find 2 on a lot that have been remodeled and upgraded. Great investment value or live in one and lease one unit for income Tastefully remodeled and ready to move in.

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Tax History for 974 Palm Terrace

Assessed Value (2020): $813,210
Year Land Value Improved Value Assessed Value
2020 $615,404 $197,806 $813,210

Home Value Compared to the Market

This property vs the competition

974 Palm Terrace sold on July 26, 2022 for 8.42% lower than the current median sold price for the city of Pasadena which is $1,200,000. The median sold price per/sqft for Pasadena is $781 and this home is sold at $515.24 per/sqft which puts the price per square foot 34.03% lower than the current median sale per square foot for the city of Pasadena.

About 974 Palm Terrace

Detailed summary of property

974 Palm Terrace is a single family home that recently sold in Pasadena, CA 91104. This house offered 4 bedrooms, 2 bathrooms, roughly 2,133 living square feet, and sits on an approximately 9,257 square foot lot. 974 Palm Terrace was first listed on ArdentRealEstateGroup.com on June 5, 2022. The homeowner sold the property for $1,240,000. Home in Pasadena are selling for a median price of $1,200,000 and a median price per square foot of $781. Based on Ardent Real Estate Group's Pasadena Market Data, this home is sold 8.42% lower than the current median priced home. Local homes that are currently for sale include 39 S Los Robles Ave #4008, 39 S Los Robles #3002 and 1708 Brigden Rd. While the average home in Pasadena, CA is selling in 56 days, 974 Palm Terrace has a days on market of 7 days. There are currently 335 homes for sale in the Pasadena real estate market and 179 of them are single family homes while 119 of them are condos and 37 are townhomes. For more information on this home for sale at 974 Palm Terrace Pasadena, CA 91104 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 974 Palm Terrace

Public county record property details
Beds
5
Baths
2
Year built
1890
Sq. Ft.
2,096
Lot Size
9,257
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
46
APN
5730-022-011

The source for these homes facts are from public records.

91104 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,395,000
Median List Price/Sq.Ft.
$795
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$915
Total Inventory
36
Median Sale to List Price %
114.39%
Avg Days on Market
21
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

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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.