NOT LISTED FOR SALE

Estimated Value: $1,700,625 - $2,047,000

11 Beds
7 Baths
7,516 Sq Ft
$249/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $2,000,000 $266 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $11,211/month

Highlights

  • 0.31 Acre Lot
  • Living Room
  • Baseboard Heating
  • Wood Flooring

About This Home

As of April 2016

Excellent developement opportunity. Two adjacent properties sold together. 1219 Gordon has four-two bedroom one bath units. 1221 Gordon has three- one bedroom one bath units.

Last Agent to Sell the Property

Ralph Suarez

Engel & Völkers La Canada License #01206855 Listed on: 02/13/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,668

Year Built

  • Built in 1931

Lot Details

  • 0.31

Home Design

  • Property Attached
  • Frame Construction
  • Shake Roof
  • Shingle Roof
  • Composition Roof
  • Stucco

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Bathrooms

Parking

  • Carport
  • Driveway

Utilities

  • Baseboard Heating
  • Gravity Heating System

Additional Features

  • Living Room
  • Exterior Lighting
  • 0.31 Acre Lot

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 5534013010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,668

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5534013010
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Vinyl, Wood
  • Levels: Two
  • Room Type: Living Room

Exterior Features

  • Roof: Composition, Shake, Shingle
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Carport, Driveway

Utilities

  • Heating: Yes
  • Heating Type: Baseboard, Gravity

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Size Sq Ft: 13504.00
  • Lot Size Acres: 0.3100

Multi Family

  • Lot Size Area: 13504.0000 Square Feet
  • Number Of Units Total: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2016
Closed on
Apr 26, 2016
Sold by
Linscott Grant
Bought by
Linscott Grant Donovan and The Linscott Family Living Trust
Seller's Agent
Ralph Suarez
Engel & Völkers La Canada
List Price
$1,875,000
Sold Price
$2,000,000
Premium/Discount to List
$125,000
6.67%
Current Estimated Value
$1,874,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$125,094
Avg. Annual Appreciation
-0.49%
Original Mortgage
$750,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2016
Closed on
Mar 3, 2016
Sold by
Dermirjian Zaven N
Bought by
Linscott Grant
Seller's Agent
Ralph Suarez
Engel & Völkers La Canada
List Price
$1,875,000
Sold Price
$2,000,000
Premium/Discount to List
$125,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2004
Sold by
Demirjian Zaven N and Demirjian Isgouhi L
Bought by
Dermirjian Zaven N
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
Linscott Grant Donovan -- None Available
Linscott Grant $1,000,000 Stewart Title Of California
Dermirjian Zaven N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linscott Grant Donovan $694,000
Previous Owner Linscott Grant $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $2,000,000 +6.7% $266 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
02/13/2016 02/13/16 For Sale $1,875,000 -- $249 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $14,668 $1,183,791 $828,655 $355,136
2024 $14,668 $1,160,580 $812,407 $348,173
2023 $14,311 $1,137,825 $796,478 $341,347
2022 $13,663 $1,115,515 $780,861 $334,654
2021 $13,470 $1,093,643 $765,550 $328,093
2019 $13,073 $1,061,207 $742,845 $318,362
2018 $12,897 $1,040,400 $728,280 $312,120
2016 $1,885 $119,866 $50,093 $69,773
2015 $1,864 $118,066 $49,341 $68,725
2014 $1,900 $115,754 $48,375 $67,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316001355

Pasadena-Foothills Association of REALTORS®

APN: 5534-013-010