NOT LISTED FOR SALE

124 Cedar St Pasadena, CA 91103

Muir Heights Neighborhood

Estimated Value: $907,000 - $1,226,465

5 Beds
2 Baths
1,704 Sq Ft
$619/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $625,000 $367 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,247/month

11 Days on Market

Highlights

  • Craftsman Architecture
  • Corner Lot
  • Neighborhood Views
  • Wood Flooring
  • No HOA
  • 5-minute walk to La Pintoresca Park

About This Home

As of October 2017

LOADS AND LOADS AND MORE LOADS OF POTENTIAL!!! Great investment property or starter home where you can live in one and rent out the other. Also great for having family members close but not too close. This property features 2 SEPARATE houses on a single lot. Both unit has separated front and backyards. Each unit even has it's own separate address. Don't miss out on this rare opportunity in a quite family friendly area of Pasadena!

Last Agent to Sell the Property

CHONG LIAO

REALTY ONE GROUP UNITED License #01897080 Listed on: 09/29/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Wood Fence
  • Corner Lot
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Bungalow
  • Fixer Upper
  • Asphalt Roof

Interior Spaces

  • 1,704 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 5728015028

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: PSR1
  • Architectural Style: Bungalow, Craftsman
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 5728015028
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Levels: One
  • Price Per Square Foot: 366.78
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Corner Lot, Front Yard
  • Lot Size Sq Ft: 11252.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4609.00
  • Tax Lot: 58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2017
Closed on
Oct 24, 2017
Sold by
Khansari Sara Rufina
Bought by
Alemzadeh Mona
Seller's Agent
CHONG LIAO
REALTY ONE GROUP UNITED
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$1,054,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,616
Avg. Annual Appreciation
6.61%

Purchase Details

Listed on
Jun 19, 2015
Closed on
Jul 27, 2015
Sold by
Chu Ching Yu and Chu Huaiping Ren
Bought by
Khansari Sara Rufina
Seller's Agent
Danielle Deruso
Realty ONE Group United
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$538,888
Sold Price
$538,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$529,126
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2014
Sold by
Carter Lee A
Bought by
Chu Ching Yu and Chu Huaiping Ren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2007
Sold by
Carter Edythe
Bought by
Carter Lee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2006
Sold by
Carter Lee A
Bought by
Carter Lee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2006
Sold by
Carter Edythe Y
Bought by
Carter Lee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2006
Sold by
Carter Andrew and Davy Lonzetta
Bought by
Carter Lee A and Carter Lee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2001
Sold by
Carter Lee and Carter Lee Arthur
Bought by
Carter Lee A and Carter Essie M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Alemzadeh Mona $625,000 Wfg National Title Company
Khansari Sara Rufina $539,000 Wfg Title Company
Chu Ching Yu $425,000 Wfg
Carter Lee A -- Alliance Title
Carter Lee A -- Alliance Title Company
Carter Lee A -- Alliance Title Company
Carter Lee A -- Alliance Title Company
Carter Lee A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khansari Sara Rufina $529,126
Previous Owner Chu Ching Yu $318,750
Previous Owner Carter Lee A $540,000
Previous Owner Carter Lee A $540,000
Previous Owner Carter Lee A $435,000
Previous Owner Carter Lee A $435,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2017 10/27/17 Sold $625,000 0.0% $367 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
09/29/2017 09/29/17 For Sale $625,000 +16.0% $367 / Sq Ft
08/26/2015 08/26/15 Sold $538,888 0.0% $316 / Sq Ft View Prior Sale
06/19/2015 06/19/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $538,888 +26.8% $316 / Sq Ft
06/11/2014 06/11/14 Sold $425,000 0.0% $249 / Sq Ft View Prior Sale
12/02/2013 12/02/13 Pending -- -- --
12/02/2013 12/02/13 For Sale $425,000 -- $249 / Sq Ft
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 $8,661 $748,471 $460,818 $287,653
2024 $8,661 $733,796 $451,783 $282,013
2023 $8,190 $683,526 $442,925 $240,601
2022 $7,911 $670,125 $434,241 $235,884
2021 $7,589 $656,986 $425,727 $231,259
2020 $7,293 $650,250 $421,362 $228,888
2019 $7,311 $637,500 $413,100 $224,400
2018 $7,396 $625,000 $405,000 $220,000
2016 $6,463 $539,000 $430,000 $109,000
2015 $5,297 $433,491 $382,492 $50,999
2014 $6,795 $567,329 $391,824 $175,505
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    CHONG LIAO

    REALTY ONE GROUP UNITED

  • N

    Buyer's Agent in 2017

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    6,161 Total Sales

    NoEmail NoEmail
    Section Image

  • D

    Seller's Agent in 2015

    Danielle Deruso

    Realty ONE Group United

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17224881

California Regional Multiple Listing Service (CRMLS)

APN: 5728-015-028

California Los Angeles County Pasadena 91103 Muir Heights

124 Cedar St, Pasadena, CA

Not Listed for Sale

MultiFamily

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