505 Lotus Lane Sierra Madre

What is the square footage of 505 Lotus Lane?

The total square footage of 505 Lotus Lane is approximately 4,075 SQ FT. This figure includes both the living area and any additional structures, such as a garage or finished basement. Larger homes in , tend to have an average size of 2,000 to 4,000 square feet, according to the Sierra Madre Real Estate Board. The square footage significantly impacts the property’s value, as larger homes are highly sought after in this suburban area.

How many bedrooms are at 505 Lotus Lane?

The total number of bedrooms at 505 Lotus Lane is 4. This figure includes both the main floor and any additional floors, such as a basement or loft. The number of bedrooms significantly impacts the property’s value, as 3+ bedroom homes are highly sought after in this suburban area.

When was 505 Lotus Lane listed?

505 Lotus Lane was last listed on Feb 9, 2025, as verified by the Sierra Madre Real Estate Board’s Multiple Listing Service (MLS) . Properties in this area often get listed and sold within 60 to 90 days, particularly when the housing market is strong and mortgage rates are favorable.

505 Lotus Lane, Sierra Madre is a Single Family Residence residential property located in , one of the suburbs of Sierra Madre. The property stands out due to its proximity to various amenities, including schools, parks, and public transportation routes, which add significant value to the neighborhood. According to data from the Sierra Madre Real Estate Board, properties in this area are highly sought after due to their large lot sizes, access to amenities, and convenient commute to downtown Sierra Madre.

What are the features of 505 Lotus Lane?

The features of 505 Lotus Lane include its Single Family Residence structure, typical of many homes in the region. The property size is another significant factor, with many homes in this area boasting large square footage and spacious backyards. Real estate appraisers and experts, like those at Zoocasa, have highlighted the increased demand for properties with large lots and Single Family Residence units in the Greater Sierra Madre Area, particularly in suburban areas like . These attributes make the property desirable for families looking for both space and convenience.

When was 505 Lotus Lane listed?

505 Lotus Lane was last listed on Feb 9, 2025, as verified by the Sierra Madre Real Estate Board’s Multiple Listing Service (MLS) . Properties in this area often get listed and sold within 60 to 90 days, particularly when the housing market is strong and mortgage rates are favorable.

Who is the real estate agent for 505 Lotus Lane, Sierra Madre ?

The real estate agent representing 505 Lotus Lane is TAM TRAN, a licensed realtor in Sierra Madre, affiliated with RELIABLE GROUP REALTY. This realtor specializes in properties and has extensive experience with Single Family Residence homes and luxury properties in . According to the Sierra Madre Real Estate Board, it is essential to engage experienced realtors in regions like due to the nuanced real estate trends affecting the area.

Why is the listing at 505 Lotus Lane important?

The listing for 505 Lotus Lane provides potential buyers with detailed insights into the property’s attributes. As noted by Sierra Madre real estate expert Richard Evanns, properties in this area are known for their spacious interiors, proximity to top-ranked schools, and low crime rates, all of which influence market desirability. The Sierra Madre Real Estate Board regularly updates its database, ensuring that the listings reflect the most current market data, including price changes and open house schedules.

What are the nearby schools for 505 Lotus Lane?

Families considering a move to 505 Lotus Lane will find several top-rated schools in the vicinity. According to the Sierra Madre District School Board, daycares, schools and high schools are highly regarded for their academic programs. Additionally, the Sierra Madre District School Board has highlighted the area for its strong community involvement and extracurricular activities, which further enhance the appeal of homes like 505 Lotus Lane for families with school-aged children.

How accessible is public transportation from 505 Lotus Lane?

Public transportation options near 505 Lotus Lane include multiple bus routes that connect directly to Sierra Madre’s subway system. Laura Rubio-Cornejo, the head of transportation for the City of Sierra Madre, has emphasized the importance of transit accessibility for suburban properties. She notes that homes within 500 meters of a public transit route, like 505 Lotus Lane, tend to have a higher walkability score, contributing to property value appreciation over time.

What is the property tax for 505 Lotus Lane?

The annual property tax for 505 Lotus Lane is determined by the City of Sierra Madre’s property tax assessment. According to John W. Weldon, a real estate analyst for the City of Sierra Madre, property taxes in are influenced by the market value of the home, its location, and its size. The tax rate for properties typically ranges from 0.6% to 1% of the assessed value, making it competitive with other suburban regions of Sierra Madre.

What amenities are near 505 Lotus Lane?

The amenities near 505 Lotus Lane include parks, shopping centers, and fitness facilities, all of which are key considerations for potential buyers. The urban planner with the City of Sierra Madre, has identified local attraction as important environmental features that attract families and outdoor enthusiasts to the area. In addition to parks, there are several local grocery stores and restaurants within a short drive, adding to the overall convenience of the location.

What recreational facilities are available near 505 Lotus Lane?

In addition to the parks mentioned above, residents of 505 Lotus Lane have access to ‘s parks and recreation centers. According to Sierra Madre Parks and Recreation, these facilities offer a wide range of sports programs and community events that cater to all age groups, making the neighborhood an ideal choice for families seeking an active lifestyle.

By covering all these aspects in detail, this article provides a thorough overview of the property at 505 Lotus Lane, Sierra Madre and its surrounding neighborhood, reflecting the most important factors that influence property value and desirability in the Sierra Madre real estate market.