NOT LISTED FOR SALE

Estimated Value: $2,588,876 - $2,678,000

6 Beds
6 Baths
1,102 Sq Ft
$2,390/Sq Ft Est. Value

Last Sold April 16, 2014

Last sale price $1,325,000 $1,202 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $16,040/month

10 Days on Market

About This Home

As of April 2014

All units have washer/dryer hookups. 5 garage parking spaces. 1 of the units has an extra den attached. Please call or email for a marketing package

Last Agent to Sell the Property

Jeff Louks

Marcus & Millichap License #00908473 Listed on: 03/18/2014

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,207

Year Built

  • Built in 1953

Lot Details

  • 7,882 Sq Ft Lot

Home Design

  • 1,102 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry in unit
  • Washer

Parking

  • 5 Parking Spaces
  • 5 Covered Spaces

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5624-008-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,207

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1102
  • Year Built: 1953
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Washer
  • Price Per S Q F T: 1156.99

Exterior Features

  • Tennis Court Y/N: No
  • Construction: 1953
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 5
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning

Lot Info

  • Assessed Improvement Value: 239025
  • Assessed Land Value: 298783
  • Assessor Parcel Number: 5624-008-016
  • Geocode Override: No
  • Lot Size Area: 7882

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 14.79
  • Number Of Units: 6
  • Total Annual Expense: 28328
  • Type Of Units: Apartment
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2014
Closed on
Apr 2, 2014
Sold by
Ldn6 Llc
Bought by
Pasadena Medical Building Limited Partne
Seller's Agent
Jeff Louks
Marcus & Millichap
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,275,000
Sold Price
$1,325,000
Premium/Discount to List
$50,000
3.92%
Current Estimated Value
$2,629,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,304,763
Avg. Annual Appreciation
6.26%
Original Mortgage
$750,000
Interest Rate
4.23%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 21, 2011
Sold by
Scapa Jeffry A and Scapa Barbara Sue
Bought by
Ldn6 Llc

Purchase Details

Closed on
Oct 11, 2002
Sold by
Silverman William
Bought by
Scapa Jeffry A and Scapa Barbara Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.05%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 6, 2001
Sold by
Pacey Margo
Bought by
Pacey Keith B

Purchase Details

Closed on
Jul 17, 2000
Sold by
Knutson Gerald V and Petersen Allen Glen
Bought by
Silverman William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 1999
Sold by
Knutson Trust and Gerald V
Bought by
Knutson Gerald V

Purchase Details

Closed on
Apr 18, 1999
Sold by
Knutson Trust and Gerald V
Bought by
Peterson Allen Glen and Peterson Wade
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pasadena Medical Building Limited Partne $1,325,000 --
Ldn6 Llc -- Accommodation
Scapa Jeffry A -- First American Title Co
Pacey Keith B -- South Coast Title Company
Silverman William $290,000 Commonwealth Title
Knutson Gerald V -- --
Peterson Allen Glen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pasadena Medical Building Lp $1,050,000
Closed Pasadena Medical Building Limited Partne $750,000
Previous Owner Scapa Jeffry A $230,000
Previous Owner Silverman William $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2014 04/16/14 Sold $1,325,000 +3.9% $1,202 / Sq Ft
03/28/2014 03/28/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $1,275,000 -- $1,157 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,207 $1,624,256 $974,554 $649,702
2024 $18,207 $1,592,409 $955,446 $636,963
2023 $17,804 $1,561,186 $936,712 $624,474
2022 $17,503 $1,530,576 $918,346 $612,230
2021 $17,198 $1,500,566 $900,340 $600,226
2019 $16,556 $1,457,561 $873,637 $583,924
2018 $16,279 $1,429,011 $856,507 $572,504
2016 $15,489 $1,372,081 $823,249 $548,832
2015 $15,181 $1,351,473 $810,884 $540,589
2014 -- $540,249 $300,139 $240,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-745511

The MLS

APN: 5624-008-016