Seller's Agent in 2015
Janine Lee
KO TAI REALTY
(626) 251-3389
28 Total Sales
1090 N Lake Ave Pasadena, CA 91104
Bungalow Heaven NeighborhoodEstimated Value: $5,856,317
19
Beds
10
Baths
12,607
Sq Ft
$465/Sq Ft
Est. Value
Highlights
- 0.42 Acre Lot
- Cooling System Mounted To A Wall/Window
- Laundry Room
- Pasadena High School Rated A
About This Home
As of December 2015This home is located at 1090 N Lake Ave, Pasadena, CA 91104 since 13 November 2015 and is currently estimated at $5,856,317, approximately $464 per square foot. This property was built in 1923. 1090 N Lake Ave is a home located in Los Angeles County with nearby schools including Longfellow (Henry W.) Elementary School, Charles W. Eliot Arts Magnet Academy, and Pasadena High School.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $42,243
Year Built
- Built in 1923
Lot Details
- 0.42 Acre Lot
- No Common Walls
- Density is 11-15 Units/Acre
Home Design
- 12,607 Sq Ft Home
Bedrooms and Bathrooms
- 19 Bedrooms
- 10 Bathrooms
Parking
- 60 Parking Spaces
- 30 Carport Spaces
- Parking Available
- Assigned Parking
Additional Features
- Laundry Room
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tax Lot 1,2
- Tax Tract Number 4624
- Assessor Parcel Number 5740015025
Community Details
Overview
- 2 Buildings
- 14 Units
Building Details
- 14 Leased Units
- 15 Separate Electric Meters
- 15 Separate Water Meters
- Electric Expense $5,250
- Insurance Expense $3,778
- Maintenance Expense $15,202
- Professional Management Expense $10,000
- Trash Expense $1,500
- Water Sewer Expense $5,250
- New Taxes Expense $17,443
- Gross Income $19,000
- Net Operating Income $153,577
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 13, 2015
Closed on
Nov 5, 2015
Sold by
Wang Ana Chen
Bought by
Wang Curt
Seller's Agent
Janine Lee
KO TAI REALTY
Buyer's Agent
Jonathon Tan
KO TAI REALTY
List Price
$3,098,000
Sold Price
$3,050,000
Premium/Discount to List
-$48,000
-1.55%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,806,317
Avg. Annual Appreciation
6.83%
Original Mortgage
$1,640,000
Outstanding Balance
$1,293,551
Interest Rate
3.71%
Mortgage Type
Commercial
Estimated Equity
$4,530,240
Purchase Details
Listed on
Nov 13, 2015
Closed on
Oct 14, 2015
Sold by
Gao Feng
Bought by
1090 N Lake Llc
Seller's Agent
Janine Lee
KO TAI REALTY
Buyer's Agent
Jonathon Tan
KO TAI REALTY
List Price
$3,098,000
Sold Price
$3,050,000
Premium/Discount to List
-$48,000
-1.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,640,000
Outstanding Balance
$1,293,551
Interest Rate
3.71%
Mortgage Type
Commercial
Estimated Equity
$4,530,240
Purchase Details
Closed on
Dec 17, 2014
Sold by
Banuelos Javier M and Banuelos Maria R
Bought by
Gao Feng
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
3.87%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wang Curt | -- | Lawyers Title | |
| 1090 N Lake Llc | $3,050,000 | Lawyers Title | |
| Gao Feng | $2,750,000 | North American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wang Curt | $1,640,000 | |
| Previous Owner | 1090 N Lake Llc | $1,640,000 | |
| Previous Owner | Gao Feng | $1,650,000 | |
| Previous Owner | Banuelos Javier M | $1,250,000 | |
| Previous Owner | Banuelos Javier M | $1,100,000 | |
| Previous Owner | Banuelos Javier M | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2015 12/01/15 | Sold | $3,050,000 | -1.5% | $242 / Sq Ft |
| 08/05/2015 08/05/15 | Pending | -- | -- | -- |
| 06/23/2015 06/23/15 | For Sale | $3,098,000 | -- | $246 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $42,243 | $3,610,577 | $1,479,744 | $2,130,833 |
| 2024 | $42,243 | $3,539,782 | $1,450,730 | $2,089,052 |
| 2023 | $41,898 | $3,470,376 | $1,422,285 | $2,048,091 |
| 2022 | $40,482 | $3,402,331 | $1,394,398 | $2,007,933 |
| 2021 | $38,823 | $3,335,619 | $1,367,057 | $1,968,562 |
| 2019 | $37,398 | $3,239,084 | $1,326,510 | $1,912,574 |
| 2018 | $37,992 | $3,175,620 | $1,300,500 | $1,875,120 |
| 2016 | $36,710 | $3,050,000 | $1,250,000 | $1,800,000 |
| 2015 | $17,720 | $1,350,710 | $570,299 | $780,411 |
| 2014 | $17,444 | $1,324,252 | $559,128 | $765,124 |
Source: Public Records
Agents Affiliated with this Home
-
Janine Lee
-
Jonathon Tan
J
Buyer's Agent in 2015
Jonathon Tan
KO TAI REALTY
(626) 285-8333
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS15136433
APN: 5740-015-025
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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