Seller's Agent in 2022
John Fredrickson
Sotheby's International Realty
(626) 688-9890
1 in this area
34 Total Sales
1171 N Mentor Ave Pasadena, CA 91104
Bungalow Heaven NeighborhoodEstimated Value: $1,134,000 - $1,567,337
3
Beds
3
Baths
1,768
Sq Ft
$712/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- Wood Flooring
- Cooling System Mounted To A Wall/Window
- Pasadena High School Rated A
- Granite Countertops
- Laundry Room
About This Home
As of December 2022What a delightful duplex! This property offers two separate houses plus a garage that once was used as a third unit. The front house offers a beautiful front porch, two bedrooms and one bath, Craftsman architecture, hardwood floors, and the charming details of the 1916 Craftsman era. the floors have just been refinished, painted and ready to go. There is access to a large 2-room partially finished cellar on the side of the home, with a new furnace, copper plumbing and ABS sewer lines. The home is in excellent condition! A lovely little gem.
Between the front home and the back home is a fully fenced yard with shade trees and landscaping. The back house has a front porch and offers privacy from the front house. Inside is a living room, kitchen/eating area, bedroom, office, and bathroom.
There is ample off-street parking on the double wide driveway plus the garage that is currently used as an exercise room. There are separate electric and gas meters for each home providing for each tenant to cover their own costs. The landlord pays for water.
Overall, this is a great investment property, perfect for the starter investor.
Last Agent to Sell the Property
Sotheby's International Realty License #00853111 Listed on: 08/16/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,531
Year Built
- Built in 1916
Lot Details
- 9,620 Sq Ft Lot
- No Common Walls
- Density is 6-10 Units/Acre
Parking
- 4 Open Parking Spaces
- 5 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Duplex
- Craftsman Architecture
- Bungalow
- Composition Roof
- Copper Plumbing
Interior Spaces
- 1,768 Sq Ft Home
- 1-Story Property
- Dining Room with Fireplace
- Laundry Room
- Basement
Kitchen
- Gas Range
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Gas Water Heater
- Sewer Paid
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 25
- Tax Tract Number 1111
- Assessor Parcel Number 5740014024
- $601 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Gardener Expense $1,200
- Insurance Expense $1,200
- Maintenance Expense $800
- Trash Expense $400
- Water Sewer Expense $1,200
- Operating Expense $3,000
- Gross Income $54,000
- Net Operating Income $53,040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2022
Closed on
Dec 15, 2022
Sold by
Estes Kent R and Livi Hsiao
Bought by
Schiavone Christopher
Seller's Agent
John Fredrickson
Sotheby's International Realty
List Price
$1,049,000
Sold Price
$975,000
Premium/Discount to List
-$74,000
-7.05%
Views
87
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
$294,651
Avg. Annual Appreciation
10.28%
Original Mortgage
$419,250
Interest Rate
7.08%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 24, 2017
Sold by
Estes Kent R and Chen Hsiao Ming Wu
Bought by
Estes Kent R and Chen Hsiao Ming Wu
Purchase Details
Closed on
Mar 20, 2012
Sold by
Lim Michael
Bought by
Estes Kent R and Chen Hsiao Ming Wu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,250
Interest Rate
3.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 17, 2002
Sold by
Kazak William R and Kazak Anne V
Bought by
Lim Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.71%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schiavone Christopher | $975,000 | Lawyers Title | |
| Estes Kent R | -- | None Available | |
| Estes Kent R | $539,000 | Lawyers Title Co | |
| Lim Michael | $300,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schiavone Christopher | $426,000 | |
| Closed | Schiavone Christopher | $419,250 | |
| Previous Owner | Estes Kent R | $404,250 | |
| Previous Owner | Lim Michael | $250,000 | |
| Previous Owner | Lim Michael | $100,000 | |
| Previous Owner | Lim Michael | $90,000 | |
| Previous Owner | Lim Michael | $273,500 | |
| Previous Owner | Lim Michael | $272,000 | |
| Previous Owner | Lim Michael | $30,500 | |
| Previous Owner | Lim Michael | $240,000 | |
| Closed | Lim Michael | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/22/2022 12/22/22 | Sold | $975,000 | -7.1% | $551 / Sq Ft |
| 11/10/2022 11/10/22 | For Sale | $1,049,000 | +7.6% | $593 / Sq Ft |
| 10/27/2022 10/27/22 | Off Market | $975,000 | -- | -- |
| 09/26/2022 09/26/22 | For Sale | $1,098,000 | 0.0% | $621 / Sq Ft |
| 09/09/2022 09/09/22 | Pending | -- | -- | -- |
| 08/16/2022 08/16/22 | For Sale | $1,098,000 | -- | $621 / 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 | $11,531 | $1,014,390 | $811,512 | $202,878 |
| 2024 | $11,531 | $994,500 | $795,600 | $198,900 |
| 2023 | $11,434 | $975,000 | $780,000 | $195,000 |
| 2022 | $7,576 | $637,957 | $401,239 | $236,718 |
| 2021 | $7,269 | $625,449 | $393,372 | $232,077 |
| 2020 | $6,986 | $619,037 | $389,339 | $229,698 |
| 2019 | $7,003 | $606,900 | $381,705 | $225,195 |
| 2018 | $7,051 | $595,001 | $374,221 | $220,780 |
| 2016 | $6,818 | $571,898 | $359,691 | $212,207 |
| 2015 | $6,743 | $563,309 | $354,289 | $209,020 |
| 2014 | $6,608 | $552,275 | $347,349 | $204,926 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF22178214
APN: 5740-014-024
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