NOT LISTED FOR SALE

Estimated Value: $1,006,000 - $1,623,000

5 Beds
4 Baths
1,749 Sq Ft
$794/Sq Ft Est. Value

Last Sold November 20, 2012

Last sale price $600,000 $343 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $8,079/month

16 Days on Market

About This Home

As of November 2012

Standard sale!!Charming 2 houses on a huge lot in a very desirable area in Pasadena,located close to transportation,Supermarket,schools,shops, walking distance from PCC.Front house has 3 bedrooms and 2 baths, the house in the rear is remodeled with 2 bedrooms 2baths. 2 car detached garage on the property and space for additional parking. This property is perfect for many types of buyers,investors with the option to live in one and rent the other house.One other option that this property would be well suited for an extended family situation..Very spacious floor plan. rental rates are low with room for rent increase.This property has low maintenance cost..Property will sell As Is..At present this is a good income property.For the option of later developpement of this property,buyer will have to check with the city for the possibility to redevelop into 3 luxury houses.100 S. Craig Ave..is Also for sale..Buyer can take advantage of an excellent opportunity to purchase the 2 parcels.To appreciate the full developement potential of these two properties you must see homes and area.Don't miss this rare opportunity!!!

Last Agent to Sell the Property

Hiba Matta

Re/Max Premier Prop SanMarino License #01835638 Listed on: 10/01/2012

Last Buyer's Agent

Jean Liu

Re/Max Premier Prop SanMarino License #01012483

Re/Max Premier Prop SanMarino

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,542

Year Built

  • Built in 1930

Lot Details

  • 8,747 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • 1,749 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 16
  • Assessor Parcel Number 5747009040

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,542

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 626-524-4443
  • Other Phone Number: 626-524-4443
  • Property Type: Residential Income
  • Parcel Number: 5747009040
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 343.05

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8747.00
  • Lot Size Acres: 0.2010

Multi Family

  • Gross Income: 2650.00
  • Gross Scheduled Income: 31800.00
  • Lot Size Area: 8747.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Range: 1
  • Rent Control: No

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 16
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2015
Sold by
Hsieh Yuang and Hsieh Chiuhsia Grace
Bought by
The Hsieh Family Trust
Current Estimated Value
$1,388,176

Purchase Details

Listed on
Oct 1, 2012
Closed on
Nov 14, 2012
Sold by
Priority Investment Group Llc
Bought by
Hsieh Yuang Steve and Hsieh Chiu Hsia Grace
Seller's Agent
Hiba Matta
Re/Max Premier Prop SanMarino
Buyer's Agent
Jean Liu
Re/Max Premier Prop SanMarino
List Price
$638,000
Sold Price
$600,000
Premium/Discount to List
-$38,000
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%

Purchase Details

Closed on
Feb 3, 2011
Sold by
Maalouf Maurice and Maalouf Grace
Bought by
Priority Investment Group Llc

Purchase Details

Closed on
Oct 10, 2007
Sold by
Knadjian Juliet and Juliet Knadjian Trust
Bought by
Maalouf Grace Saker and Maalouf Maurice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2006
Sold by
Knadjian Hovannes
Bought by
The Hovannes Knadjian Family Trust

Purchase Details

Closed on
Oct 7, 2005
Sold by
Knadjian Varoujan
Bought by
Knadjian Juliet and Juliet Knadjian Trust

Purchase Details

Closed on
Nov 1, 2004
Sold by
Knadjian Alice
Bought by
Knadjian Hovannes
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
The Hsieh Family Trust -- None Available
Hsieh Yuang Steve $600,000 Fidelity Van Nuys
Priority Investment Group Llc -- None Available
Maalouf Grace Saker $660,000 Chicago Title
The Hovannes Knadjian Family Trust -- None Available
Knadjian Juliet -- --
Knadjian Hovannes -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maalouf Grace Saker $429,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2012 11/20/12 Sold $600,000 -6.0% $343 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $638,000 -- $365 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,542 $738,845 $480,251 $258,594
2024 $8,542 $724,359 $470,835 $253,524
2023 $8,469 $710,156 $461,603 $248,553
2022 $8,180 $696,232 $452,552 $243,680
2021 $7,848 $682,581 $443,679 $238,902
2020 $7,540 $675,583 $439,130 $236,453
2019 $7,559 $662,337 $430,520 $231,817
2018 $7,642 $649,351 $422,079 $227,272
2016 $7,393 $624,138 $405,690 $218,448
2015 $7,312 $614,764 $399,597 $215,167
2014 $7,167 $602,723 $391,770 $210,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: A12123348

California Regional Multiple Listing Service (CRMLS)

APN: 5747-009-040