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500 Grove Street $1,398,000

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    • 12-10 2:00PM-5:00PM
    • 12-11 1:00PM-4:00PM

    500 Grove Street Sierra Madre, CA 91024

    • 3 Beds
    • 2 Baths
    • 1,895 sq. ft.
    • Single-Family
    • MLS# AR22210045

    Open Houses More Info

    • 12-10 2:00PM-5:00PM
    • 12-11 1:00PM-4:00PM
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    Views: 11 Days On Market: 72

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    Property Details

    Just Reduced total of $202,000!!! This spacious traditional style home is located in upper Sierra Madre on a huge lot with 126 feet of frontage just steps from Bailey Canyon Wilderness Park and Canyon View Nature Trail. This property qualifies for urban a lot split. The home is very clean and livable and has tremendous potential to upgrade and develop. Features include a large master suite, open beam ceilings, family room, beautiful stone wood burning fireplace, large paved area behind the carport for boat, trailer, or other storage, and gorgeous mountain views. Adjacent to the carport is a laundry /storage room plus there is an additional detached storage room, family room could be used as fourth bedroom, it has a closet. The city has recently adopted into law urban lot splits. There is a very good possibility that this property would qualify for that, buyer to verify what is required to do so with the city.

    • General Features
      • Association Fee 0.00
      • Buyer Compensation 2.500 %
      • Community Features Curbs, Foothills
      • County Or Parish Los Angeles
      • Number Of Units Total 1
      • Three-Qtr Bathrooms 1
      • YearBuilt 1951
    • Building Features
      • Appliances Built-In Range,Electric Oven,Electric Cooktop,Disposal,Gas Water Heater,Microwave,Recirculated Exhaust Fan,Refrigerator
      • Architectural Style Traditional
      • Bedrooms Total 3
      • Carport Spaces 2.00
      • Cooling Central Air, Wall/Window Unit(s)
      • DoorFeatures Sliding Doors
      • Entry Location ground
      • Fireplace Features Living Room,Wood Burning,Masonry
      • Flooring Carpet,Tile,Vinyl
      • Foundation Details Slab
      • Full Bathrooms 1
      • Heating Central,Fireplace(s),Wall Furnace
      • Interior Features Beamed Ceilings,Block Walls,Formica Counters,High Ceilings,Open Floorplan,Storage,Track Lighting,Unfurnished,Wood Product Walls
      • Laundry Features Gas & Electric Dryer Hookup,Individual Room,Outside,Washer Hookup
      • Levels One
      • Living Area 1895.00
      • Patio and Porch Features Concrete,Patio Open
      • Roof Asbestos Shingle, Composition
    • Room Features
      • Eating Area Area, Breakfast Counter / Bar, Separated
    • Property Features
      • Fencing Block,Wood
      • Lot Features Back Yard, Front Yard, Lot 10000-19999 Sqft, Park Nearby, Treed Lot, Yard
      • Lot Size Acres 0.31
      • View Error: ClassID in tblMLSFieldPropertyType is null.
      • Parking Total 2.00
      • Pool Private Y/N 0
      • Pool Features None

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    Neighborhood

    91024 (Sierra Madre) Demographics

    48 Median Age
    3,662 Population Density (per sq. mile)
    75% College Educated
    $106,719 Estimated Median Income
    2,733 Estimated Total Home Owners
    1,946 Estimated Total Renters
    58% / 42% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    10,829 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,020,000 Median Sales Price
    5 Homes Sold
    4 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,398,000
        11/3/2022 2:46:58 PM Price Reduced Source: Multiple Listing Service New Value: $1,398,000 -6.17%
        10/9/2022 8:46:48 PM Price Reduced Source: Multiple Listing Service New Value: $1,490,000 -6.88%
        9/27/2022 12:48:00 PM New in Database Source: Multiple Listing Service New Value: $1,600,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 12/8/2022 6:04:33 AM. 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.