NOT LISTED FOR SALE

1088 S Marengo Ave Unit 6 Pasadena, CA 91106

Madison Heights Neighborhood

Estimated Value: $924,000 - $1,154,000

3 Beds
3 Baths
1,420 Sq Ft
0.4 Acres

Last Sold September 28, 2018

Last sale price $790,000 $556 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,092/month

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • Main Floor Bedroom
  • Gated Community
  • Open Floorplan
  • 2-minute walk to Allendale Park

About This Home

As of October 2018

Gated community, all new hardwood flooring, built in 2004, the townhouse has three bedrooms and three bathrooms. The first floor features a spacious living-dining area with hardwood flooring, crown moldings, a fireplace surrounded by travertine stone, and an open kitchen with granite counter-top and stainless-steel appliances. An over-sized bedroom, that has a stunning bay window overlooking the garden and fountain, and a direct access to a full bath completes the first floor. Upstairs there are two master suites with their own bathrooms and plenty of closet space. A private two-car garage and a big laundry-storage room is on the lower level. Double-pane energy-efficient vinyl windows throughout. Plumbing fixtures are upgraded. Many more amenities include walking distances to shops and restaurants in Old Town Pasadena, close to Freeway 110 and 210, Caltech, PCC and Arts Center.

Last Agent to Rent the Property

Yajing Wu

Wayfind Realty License #01998277 Listed on: 09/29/2018

Last Renter's Agent

Yajing Wu

Wayfind Realty License #01998277 Listed on: 09/29/2018

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Lot Details

  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Automatic Gate

Interior Spaces

  • 1,420 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Family Room with Fireplace
  • Dining Room
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Security Deposit $3,000
  • Rent includes trash collection, water
  • 12-Month Minimum Lease Term
  • Available 9/29/18
  • Tax Lot 1
  • Assessor Parcel Number 5324004069

Community Details

Overview

  • No Home Owners Association
  • 11 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed
  • Pet Deposit $500

Security

  • Gated Community
  • Carbon Monoxide Detectors

Condo Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2018-09-29
  • Credit Check Paid By: Tenant
  • Deposit Key: 50
  • Deposit Pets: 500
  • Deposit Security: 3000
  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: No
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community
  • View: Yes
  • Zoning: PSRM
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5324004069
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1420.00 Square Feet
  • Interior Amenities: Granite Counters, Open Floorplan
  • Stories: 3
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area, Dining Room, In Kitchen
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.25
  • Room Type: Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Remodeled
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Common Area, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 17501.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 11
  • Number Of Units Total: 1
  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Census Tract: 4640.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2018
Closed on
Sep 25, 2018
Sold by
Xu Yi
Bought by
Li Xiaomin
Seller's Agent
Yajing Wu
Wayfind Realty
Buyer's Agent
Yajing Wu
Wayfind Realty
Sold Price
$3,200
Current Estimated Value
$1,009,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,005,909
Avg. Annual Appreciation
3.74%

Purchase Details

Listed on
Sep 29, 2018
Closed on
Sep 24, 2018
Sold by
Li Xiaomin
Bought by
Ge Kang
Seller's Agent
Yajing Wu
Wayfind Realty
Buyer's Agent
Yajing Wu
Wayfind Realty
Sold Price
$3,200

Purchase Details

Listed on
Feb 4, 2016
Closed on
Feb 12, 2016
Sold by
Matta Nimer Y
Bought by
Li Xiaomin
Seller's Agent
Fred Ashkar
Re/Max Premier Prop Arcadia
Buyer's Agent
Fred Ashkar
Re/Max Premier Prop Arcadia
List Price
$678,000
Sold Price
$702,000
Premium/Discount to List
$24,000
3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%

Purchase Details

Closed on
Dec 10, 2015
Sold by
Nymco Development Llc
Bought by
Matta Nimer Y and Matta Samira W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2015
Sold by
Matta Nimr Y
Bought by
Nymco Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
4.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Li Xiaomin -- First American Title
Ge Kang $790,000 First American Title
Li Xiaomin $702,000 Fidelity Sherman Oaks
Matta Nimer Y -- Lawyers Title Company
Nymco Development Llc -- Title 365
Matta Nimr Y -- Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matta Nimer Y $438,000
Previous Owner Matta Nimr Y $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2018 10/15/18 Rented $3,200 0.0% --
10/06/2018 10/06/18 Price Changed $3,200 +6.7% $2 / Sq Ft
10/05/2018 10/05/18 For Rent $3,000 0.0% --
09/30/2018 09/30/18 Off Market $3,000 -- --
09/29/2018 09/29/18 For Rent $3,000 0.0% --
09/28/2018 09/28/18 Sold $790,000 +1.3% $556 / Sq Ft View Prior Sale
09/22/2018 09/22/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $780,000 +11.1% $549 / Sq Ft
03/01/2016 03/01/16 Sold $702,000 +3.5% $494 / Sq Ft View Prior Sale
02/09/2016 02/09/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $678,000 0.0% $477 / Sq Ft
07/24/2012 07/24/12 Rented $2,700 -3.6% --
07/23/2012 07/23/12 Under Contract -- -- --
05/31/2012 05/31/12 For Rent $2,800 -- --
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 $9,852 $881,254 $539,128 $342,126
2024 $9,852 $863,975 $528,557 $335,418
2023 $9,769 $847,036 $518,194 $328,842
2022 $9,430 $830,429 $508,034 $322,395
2021 $9,045 $814,147 $498,073 $316,074
2019 $8,702 $790,000 $483,300 $306,700
2018 $8,399 $730,359 $402,842 $327,517
2017 $8,303 $716,040 $394,944 $321,096
2016 $3,897 $323,409 $87,351 $236,058
2015 $3,854 $318,552 $86,039 $232,513
2014 $3,778 $312,313 $84,354 $227,959
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR18237663

California Regional Multiple Listing Service (CRMLS)

APN: 5324-004-069