2 months on rocket

505 Lotus Ln, Sierra Madre, CA, 91024

$2,799,999

4 Bedrooms
3 Full Baths, 1 Partial
4,075 SqFt
$687/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Direct Access, Driveway, Garage Faces Front, Garage, Garage Door Opener
Attached Garage3 spaces
Year Built1991
HeatingCentral
CoolingCentral Air
FireplaceFamily Room, Gas, Living Room
ViewCity Lights, Mountain(s), Valley, Trees/Woods
Private PoolYes
MLS #WS24199879
Lot Size0.42 Acres
StatusActive

About 505 Lotus Ln

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!

Property Details

Property Features

Property Information:

  • Architectural Style: English
  • Year Built: 1991
  • Stories: 3
  • Living Area: 4,075 SqFt

Listing Office:

  • Office Name: L A FUNDING & REALTY
  • Office Phone: (626) 864-8089
  • Listing Agent: PAMELA PHAN

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Vented Exhaust Fan, Water Heater
  • Flooring Type: Carpet, Laminate
  • Interior: Balcony, Ceiling Fan(s), Separate/Formal Dining Room, Open Floorplan, All Bedrooms Up, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: Family Room, Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: City Lights, Mountain(s), Valley, Trees/Woods
  • Exterior: Barbecue

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Door-Multi, Direct Access, Driveway, Garage Faces Front, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard
  • Lot Size: 0.42 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: N. Grandview, W. Lotus ln. and up in a cul-de-sac private road

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,799,999
  • Price Per SqFt: $687/SqFt

Tax Information:

  • Annual Amount: $26,605
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Sierra Madre, CA.

Med. Sold Price

$1.3M

Med. Price/SqFt

$768

Avg. Days On Market

22

# of Sold Homes

7

505 Lotus Ln vs Sierra Madre

67 DAYS ON ROCKET

+45 Days

$2,799,999

+$1.4M More

$687/SqFt

-$81 Less

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $81/SqFt less than other homes in Sierra Madre, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #WS24199879

Listing Office:

  • Office Name: L A FUNDING & REALTY
  • Office Phone: (626) 864-8089
  • Listing Agent: PAMELA PHAN

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: 12/3/2024, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 12, 2019Home Sold
$2,300,000
Apr 19, 2018Home Sold
$1,489,000
Jul 28, 2006Home Sold
$1,500,000
Sep 01, 1998Home Sold
$835,000
Apr 26, 1990Home Sold
$350,000
Oct 31, 1989Home Sold
$350,000
Jan 20, 1989Home Sold
$250,000
Apr 27, 1988Home Sold
$495,000
Apr 27, 1988Home Sold
$495,000

Tax History

YEARPROP. TAXASSESSMENT
2021$26,605$2,370,303
2020$17,140$2,346,000
2019$17,559$1,518,780
2018$17,385$1,508,580
2017$17,385$1,479,000

History based on county public records data.

Payment Calculator

$14K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,461

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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-3499197
8
/10
  • Highland Oaks Elementary School

  • 10 Virginia Rd

  • 1.01 miles

  • Public District Grades KG-5

school-card-donut-3499198
7
/10
  • Sierra Madre Elementary School

  • 141 W Highland Ave

  • 1.04 miles

  • Public District Grades PK-5

school-card-donut-3499199
6
/10
  • Don Benito Fundamental School

  • 3700 Denair St

  • 1.82 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $115,254. The most common annual income of people living in Sierra Madre, CA is between $100k-200k. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Lotus Ln

What is the listing price of this property?

The listing price of 505 Lotus Ln property is $2,799,999.

What type of property is this?

The property 505 Lotus Ln is a house located in Sierra Madre, California, 91024.

Is this property for sale now?

Active Listing: 505 Lotus Ln 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 $26,605 (source: MLS/based on county public records data).

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

The last sale was on March 12, 2019 for $2,300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 505 Lotus Ln has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 505 Lotus Ln is 4,075 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Lotus Ln is 1991.
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Rocket HomesCaliforniaLos Angeles CountySierra Madre91024505 Lotus Ln

This home is located at 505 Lotus Ln in Sierra Madre, CA and zip code 91024 in the The San Gabriel Valley neighborhood. This 4,075 square foot home, which was built in 1991, sits on a 0.42 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $2,799,999.

In November 2024 more than 1 listings in Sierra Madre, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 4 were sold below. The number of listings in Sierra Madre, CA increased by 3.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 22 days, the median list price was $1,353,000.

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

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