21 days on rocket

242 Summit Rd, La Verne, CA, 91750

$1,595,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
4,200 SqFt
$380/SqFt
House

Location

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242 Summit Rd, La Verne$1,595,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Direct Access, Driveway, Garage, Tandem
Attached Garage4 spaces
Year Built1969
HeatingCentral
CoolingCentral Air
FireplaceGas, Living Room, Primary Bedroom
ViewNone
MLS #CV24222489
Lot Size0.38 Acres
StatusActive

About 242 Summit Rd

Sprawling single story home situated on an elevated lot with a gated driveway. A manicured front yard with steps leads to a beautiful herringbone brick courtyard and the front entry door. The front door opens to a tiled foyer and to an spacious living room with open beam vaulted ceilings, picture windows overlooking the front yard, a fireplace with river rock surround, and an adjacent formal dining room just steps from the kitchen. The remodeled kitchen is oversized and offers rich wood cabinetry, top-of-the-line stainless appliances including double ovens, dual warming drawers, two refrigerators, and dishwasher drawers. The large center prep island with butcher block counters and a sink centers the kitchen's cooking area and is lit with pendant lighting. A peninsula also open to the kitchen, offers countertop seating and backs up to the large breakfast nook offering a custom fireplace, built-ins, and exposed beam ceilings. Step into the family room featuring tiled flooring, a full wall with a built-in media center, recessed lighting, surround sound, and windows overlooking the front yard. A show stopping custom built bar features plenty of seating, beautiful craftsmanship, a coffered ceiling with copper inlay, a refrigerator, glass shelving and an adjacent pool table with a hanging pool table light. The primary bedroom down the hall offers a fireplace, built-ins, a retreat with a built-in media center, vaulted ceilings, and French doors to the backyard. The ensuite primary bathroom offers a sink with plenty of countertops and storage space plus a shower/tub. There are three additional bedrooms downstairs, one with a built-in wet bar and patio, and one with an ensuite bathroom perfect for an in-law living quarters set up. Upstairs there is an open studio like room with an enclosed patio offering nice views. The attached tandem garage could hold up to four cars and there is a workshop adjacent. The backyard features artificial turf, two covered patios, a koi pond, a fire pit, and two additional structures. The barn offers a workshop area, a room used as a second entertainment room, and a chicken coop. The chicken coop extends to an outdoor area as well and the barn backs up and opens to the bridal path directly behind the property. The second detached structure is a redwood cabin, cozy inside but has a small room and a sitting room with a fireplace. The Boral concrete tile roof and PEX plumbing were recently installed and are still under warranty. Zoned A1

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1969
  • Stories: 1
  • Living Area: 4,200 SqFt

Listing Office:

  • Office Name: RE/MAX MASTERS REALTY
  • Office Phone: (909) 292-7888
  • Listing Agent: Nicholas Abbadessa

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Gas Cooktop, Disposal, Range Hood, Water Softener, Tankless Water Heater, Warming Drawer
  • Flooring Type: Tile
  • Interior: Wet Bar, Breakfast Bar, Built-in Features, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Granite Counters, In-Law Floorplan, Open Floorplan, Pantry, Recessed Lighting, Wired for Sound, Bedroom on Main Level, Main Level Primary, Workshop
  • Fireplace: Gas, Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None
  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Concrete, Direct Access, Driveway, Garage, Tandem

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Landscaped, Sprinklers
  • Lot Size: 0.38 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Baseline to Live Oak, Left on Summit.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,595,000
  • Price Per SqFt: $380/SqFt

Tax Information:

  • Annual Amount: $5,205
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in La Verne, CA.

Med. Sold Price

$955K

Med. Price/SqFt

$533

Avg. Days On Market

38

# of Sold Homes

15

242 Summit Rd vs La Verne

21 DAYS ON ROCKET

-17 Days

$1,595,000

+$640K More

$380/SqFt

-$154 Less

KEY TAKEAWAY

This property is $640K more than the Median Sold Price and $154/SqFt less than other homes in La Verne, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #CV24222489

Listing Office:

  • Office Name: RE/MAX MASTERS REALTY
  • Office Phone: (909) 292-7888
  • Listing Agent: Nicholas Abbadessa

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 8:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 25, 2021Home Sold
$949,000
Dec 01, 1992Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,205$400,386
2020$5,104$396,282
2019$4,760$388,513
2018$4,678$380,897
2017$4,678$373,429

History based on county public records data.

Payment Calculator

$8,028

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,848

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-231349
6
/10
  • Sumner Elementary School

  • 1770 Sumner Ave

  • 0.99 miles

  • Public District Grades KG-6

school-card-donut-231350
9
/10
  • La Verne Heights Elementary School

  • 1550 Baseline Rd

  • 1.38 miles

  • Public District Grades KG-5

school-card-donut-231351
9
/10
  • Oak Mesa Elementary School

  • 5200 Wheeler Ave

  • 1.41 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $153,365. Typical income of La Verne, CA residents is between $100k-200k annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 242 Summit Rd

What is the listing price of this property?

The listing price of 242 Summit Rd property is $1,595,000.

What type of property is this?

The property 242 Summit Rd is a house located in La Verne, California, 91750.

Is this property for sale now?

Active Listing: 242 Summit Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,205 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 25, 2021 for $949,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 242 Summit Rd has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 242 Summit Rd is 4,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 242 Summit Rd is 1969.

Rocket HomesCaliforniaLos Angeles CountyLa Verne91750242 Summit Rd

This home is located at 242 Summit Rd in La Verne, CA and zip code 91750. This 4,200 square foot home, which was built in 1969, sits on a 0.38 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $1,595,000.

Over 6 listings were sold over their listed price in October 2024 in La Verne, CA. In the same period over 7 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in La Verne, CA increased by 5.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 38 days, the median list price was $955,000.

From Rocket Homes Real Estate and based on county public records data.

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