NOT LISTED FOR SALE

Estimated Value: $1,758,382

5 Beds
5 Baths
3,800 Sq Ft
$463/Sq Ft Est. Value

Sale Details

Date Sold: November 21, 2014

Last sale price $1,125,000 $296 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $11,024 / mo

23 Days on Market

Highlights

  • Wood Flooring
  • Central Heating
  • Ceiling Fan

About This Home

As of November 2014

We are pleased to present an apartment complex located at 1109-1113 ½ E Orange Grove Blvd in the city of Pasadena. The subject property was built in 1922 of wood frame and stucco and is comprised of two structures: a 2 story fourplex in the front, and a bungalow style home in the rear, totaling (5) 1 bed, 1 bath units. Additionally, the property is separately metered for gas and electricity, includes 5 individual parking spaces and provides tenants with a washer and dryer on-site. Aside from the building's aesthetic appeal and great location, the backhouse also has many features including a private large backyard with an enormous tree providing sufficient shade for the hot California days. While the backhouse is its own heaven, the front 4 units are also well equipped with patios, hardwood floors, crown molding, walk in closets and ceiling fans. The front building's roof was replaced 4 years ago while the back house's roof was replaced approximately 8 years ago.

Last Agent to Sell the Property

Guillermo Ma

Exp Commercial of California, Inc. License #01350503 Listed on: 09/17/2014

Exp Commercial of California, Inc.

Last Buyer's Agent

Mark Konopaske

Mark Konopaske License #00960857

Mark Konopaske

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 9,309 Sq Ft Lot

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5732-008-029

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

9,309 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3800
  • Stories: 2
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 5
  • Total Bathrooms: 5.00
  • Equipment: Ceiling Fan, Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 289.47

Exterior Features

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

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 5

Utilities

  • Cooling: Ceiling Fan, Wall/Window
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 163600
  • Assessed Land Value: 572400
  • Assessor Parcel Number: 5732-008-029
  • Geocode Override: No
  • Lot Size Area: 9309

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 13.67
  • Number Of Units: 5
  • Type Of Units: 1+1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2014
Closed on
Oct 16, 2014
Sold by
Bought by
Seller's Agent
Guillermo Ma
Exp Commercial of California, Inc.
Buyer's Agent
Mark Konopaske
Mark Konopaske
List Price
$1,100,000
Sold Price
$1,125,000
Premium/Discount to List
$25,000
2.27%
Current Estimated Value
$1,758,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$633,382
Avg. Annual Appreciation
3.89%
Original Mortgage
$731,250
Interest Rate
4.1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 27, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$673,000
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 9, 2003
Sold by
Bought by

Purchase Details

Closed on
Jan 3, 2001
Sold by
Bought by

Purchase Details

Closed on
May 2, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,125,000 North American Title Company
-- None Available
-- None Available
$900,000 Investors Title Company
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,015,000
Closed $1,075,000
Closed $731,250
Previous Owner $583,000
Previous Owner $673,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/21/2014 11/21/14 Sold $1,125,000 +2.3% $296 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $1,100,000 -- $289 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,429 $1,352,069 $811,242 $540,827
2024 $15,632 $1,325,559 $795,336 $530,223
2023 $15,502 $1,299,569 $779,742 $519,827
2022 $14,973 $1,274,088 $764,453 $509,635
2021 $14,364 $1,249,107 $749,464 $499,643
2019 $13,834 $1,212,560 $727,236 $485,324
2018 $14,033 $1,188,795 $712,977 $475,818
2016 $13,584 $1,142,155 $685,293 $456,862
2015 $13,435 $1,125,000 $675,000 $450,000
2014 $12,052 $1,003,309 $780,354 $222,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-795121

The MLS

APN: 5732-008-029

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