NOT LISTED FOR SALE

Estimated Value: $972,000 - $1,185,000

3 Beds
2 Baths
1,318 Sq Ft
$818/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $790,000 $599 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,486/month

13 Days on Market

Highlights

  • Craftsman Architecture
  • Built-In Features
  • Laundry Room
  • Fenced Yard
  • Air Conditioning
  • Shed

About This Home

As of June 2019

Everyone dreams of that home with great bones and architectural flair, but most of us are also searching for savvy investment opportunities-who doesn't want help paying off the mortgage? If you've been searching for a property that appeals to both your emotional and practical sides, welcome to 1254 & 1256 Glen Ave: a gorgeous, FULLY VACANT two-on-a-lot duplex in the heart of Northwest Pasadena, minutes from hip eatery Lincoln, Old Town, JPL, the Rose Bowl, and all the fun in NELA! Walk into the front home and find a beautifully-maintained 2 bed/1 bath Craftsman bungalow. The back home is a 1 bed/1 bath with breakfast bar and granite countertops that has been used as a successful short-term rental property. Both houses were fully renovated in 2010 with new electrical panels and windows, and have been lovingly maintained by their current owners. Why choose between a beautiful home and a smart investment when you can have both?

Last Agent to Sell the Property

Alexandra Newman

Compass License #01967405 Listed on: 05/09/2019

Compass

Last Buyer's Agent

Matthew Helganz

License #01435250

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 6,413 Sq Ft Lot
  • Fenced Yard

Home Design

  • Craftsman Architecture

Interior Spaces

  • 1,318 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Decorative Fireplace

Kitchen

  • Oven or Range
  • Freezer
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer Hookup

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Shed

Utilities

  • Air Conditioning
  • Central Heating
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5728-017-047

Property Details

Home Type

Multi-Family

Year Built

Built in 1956 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Street Number Display: Yes
  • Advertising Remarks: Everyone dreams of that home with great bones and architectural flair, but most of us are also searching for savvy investment opportunities-who doesn't want help paying off the mortgage? If you've been searching for a property that appeals to both your emotional and practical sides, welcome to 1254 & 1256 Glen Ave: a gorgeous, FULLY VACANT two-on-a-lot duplex in the heart of Northwest Pasadena, minutes from hip eatery Lincoln, Old Town, JPL, the Rose Bowl, and all the fun in NELA! Walk into the front home and find a beautifully-maintained 2 bed/1 bath Craftsman bungalow. Set towards the rear of the property, the back home is a 1 bed/1 bath with breakfast bar and granite countertops that has been used as a successful short-term rental. Both houses were fully renovated in 2010 with new electrical panels and windows, and have been lovingly maintained by their current owners. Why choose between a beautiful home and a smart investment when you can have both?
  • Living Area: 1318
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Decorative
  • Bedrooms: 3
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Freezer, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Refrigerator, Stackable W/D Hookup
  • Price Per S Q F T: 530.35

Exterior Features

  • Other Features: Two On A Lot
  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central, Wall

Lot Info

  • Assessor Parcel Number: 5728-017-047
  • Geocode Override: No
  • Lot Description: Fenced Yard
  • Lot Size Area: 6413

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Jun 4, 2019
Sold by
Shook Mark and Shook Laura
Bought by
Anderson Timothy and Anderson Cynthia
Seller's Agent
Alexandra Newman
Compass
Buyer's Agent
Matthew Helganz
List Price
$699,000
Sold Price
$790,000
Premium/Discount to List
$91,000
13.02%
Current Estimated Value
$1,078,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,639
Avg. Annual Appreciation
4.88%
Original Mortgage
$592,500
Outstanding Balance
$519,869
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$558,770

Purchase Details

Listed on
Oct 4, 2016
Closed on
Nov 8, 2016
Sold by
Hawryluk Kimberley A
Bought by
Shook David and Shook Sydneyann
Seller's Agent
Jo O'key
Keller Williams Realty Los Feliz
Buyer's Agent
Jo O'key
Keller Williams Realty Los Feliz
List Price
$580,000
Sold Price
$685,000
Premium/Discount to List
$105,000
18.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$513,750
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2013
Sold by
Alameda Asset Investment Llc
Bought by
Hawryluk Kimberley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.36%
Mortgage Type
VA

Purchase Details

Closed on
Mar 26, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Alameda Asset Investment Llc

Purchase Details

Closed on
Feb 9, 2010
Sold by
Anderson Ruth J and Anderson John D
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Aug 26, 2005
Sold by
Anderson John
Bought by
Anderson Ruth J and Anderson John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2004
Sold by
Anderson Ruth Juanita
Bought by
Anderson John

Purchase Details

Closed on
Aug 10, 2004
Sold by
Anderson John
Bought by
Anderson Ruth Juanita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2003
Sold by
Anderson Ruth Juanita
Bought by
Anderson Ruth Juanita and Anderson John
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
Anderson Timothy -- Lawyers Title Company
Shook David $685,000 California Title Company
Hawryluk Kimberley A $400,000 Fidelity National Title Co
Alameda Asset Investment Llc -- Lawyers Title
Hsbc Bank Usa National Association $240,000 Accommodation
Anderson Ruth J -- Lawyers Title Ins
Anderson John -- Lawyers Title Ins
Anderson Ruth Juanita -- Land America Lawyers Title
Anderson Ruth Juanita -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Timothy $592,500
Previous Owner Shook David $513,750
Previous Owner Hawryluk Kimberley A $300,000
Previous Owner Anderson Ruth J $335,000
Previous Owner Anderson Ruth Juanita $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2019 06/14/19 Sold $790,000 +13.0% $599 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $699,000 +2.0% $530 / Sq Ft
11/18/2016 11/18/16 Sold $685,000 +18.1% $520 / Sq Ft View Prior Sale
10/12/2016 10/12/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $580,000 +45.0% $440 / Sq Ft
09/11/2013 09/11/13 Sold $400,000 +0.3% $303 / Sq Ft View Prior Sale
06/04/2013 06/04/13 Pending -- -- --
05/23/2013 05/23/13 For Sale $399,000 -- $303 / Sq Ft
Source: The MLS

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 $10,004 $881,254 $705,005 $176,249
2024 $10,004 $863,976 $691,182 $172,794
2023 $9,919 $847,036 $677,630 $169,406
2022 $9,578 $830,429 $664,344 $166,085
2021 $9,190 $814,147 $651,318 $162,829
2020 $8,824 $805,800 $644,640 $161,160
2019 $8,030 $712,673 $498,871 $213,802
2018 $8,139 $698,700 $489,090 $209,610
2016 $5,002 $414,213 $310,660 $103,553
2015 $4,946 $407,992 $305,994 $101,998
2014 $4,854 $400,000 $300,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-464448

The MLS

APN: 5728-017-047