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1515 Oak Meadow Lane

1515 Oak Meadow Lane, South Pasadena, CA 91030
Property in South Pasadena
Sold Dec 02, 1994
$409,000
$288,000 by Homebridge Financial Services
Mortgage Due Jan 01, 2051
1515 Oak Meadow Lane in South Pasadena, CA was first built in 1955 and is 69 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1515 Oak Meadow Lane has 1,801 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 620 ft and the linear feet between the front and back of the lot is 1,340. In total, the area measurement of the land is 8,404 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of wood shake/ shingles. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Nov 21, 1994 for $409,000. That's $227.10 per sqft. 1515 Oak Meadow Lane was last assessed in 2023. The total value of the property was assessed at $642,508. Specifically, the land the property is located on was valued at $440,869. While improvements on the property were assessed at a total of $201,639. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $8,131. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,404
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,801
  • Building Area: 1,801
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,801
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 20015
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 20015 LOT/SEC 4

Ownership

  • Current Owner : MANN ROBERT I
  • Current Owner 2: LYON DAWN
  • Previous Owner : HANCOCK CLARENCE L
  • Previous Owner 2: HIGGINS MILDRED LAURENE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: South Pasadena Unified School District
  • Census Tract: 480500

Zoning

  • Zoning: SPR1E*

Geography

  • Assessors Map Reference: 37-A2
  • Subdivision Tract Number: 20015
  • Parcel: 5320-029-020
  • Lot: 4
  • Municipality: EAST /SOUTH PASADENA
  • Latitude: 34.1085
  • Longitude: -118.143

    Address

  • Full Address: 1515 Oak Meadow Ln
  • Address - House Number: 1515
  • Address - Street Name: Oak Meadow
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: South Pasadena
  • Carrier Code: C012
  • 4-Digit Zip Code: 3940
  • Zip Code: 91030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,131
  • Tax Rate Code Area: 09-030

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 1,917,805
  • High Value: 2,355,741
  • Low Value: 1,479,868

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $288,000
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Dec 16, 2020
  • First Open Lien Mortgage Loan Amount: $288,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $642,508
  • Assessed Land Value: $440,869
  • Assessed Improvements Value: $201,639

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 21, 1994
  • Current Sale Recording Date: Dec 02, 1994
  • Current Sale Transaction ID: 1011370022
  • Current Sale Price: $409,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 94-2158742

    Last Sale Mortgage

  • First Mortgage Lender: DOWNEY S/L
  • First Mortgage Transaction Date: Dec 02, 1994
  • First Mortgage Loan Amount: $141,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Dec 01, 2024

    Financing

  • First Mortgage Financing Type: Variable

About South Pasadena



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Frequently Asked Questions

What neighborhood is 1515 Oak Meadow Lane located in?
The 1515 Oak Meadow Lane is a located in the neighborhood of South Pasadena in South Pasadena, South Pasadena.
What is the average sales price for listings in 1515 Oak Meadow Lane?
The average sales price for units in 1515 Oak Meadow Lane is $0 currently.

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