NOT LISTED FOR SALE

1259 N Summit Ave Pasadena, CA 91103

Orange Heights Neighborhood

Estimated Value: $1,130,000 - $1,254,526

2 Beds
2 Baths
1,352 Sq Ft
$882/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $988,000 $731 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,256/month

8 Days on Market

Highlights

  • Living Room with Fireplace
  • Loft
  • Covered Patio or Porch
  • Attic
  • No HOA
  • 4-minute walk to La Pintoresca Park

About This Home

As of October 2021

Historic 1912 Craftsman bungalow, reimagined with countless tasteful and modern touches. Enter this 2 bed / 2 bath into a welcoming and spacious living room with period sliding doors, built-ins and decorative fireplace. The dining room adjoins a beautifully updated kitchen with newer appliances, quartz and stainless, breakfast counter and hidden stack laundry. Both bathrooms are updated with gorgeous House of Hackney and Cole & Sons wallpaper. The upstairs office / loft area leads to a walk-in attic with high ceilings, offering storage or possible remodel into usable space. The basement presents additional storage and / or usage as a wine cellar. Large fenced-in, pet friendly backyard with lemon and orange trees, half of the yard is currently landscaped and ready to be enjoyed while the back-half has potential for a playground area, etc. Central HVAC throughout with Nest Thermostat and Ring home security system, with two parking spots in the driveway. Quick access to shopping, restaurants and everything Old Town Pasadena has to offer.

Last Agent to Sell the Property

Larry Herweg

Figure 8 Realty License #01936607 Listed on: 09/22/2021

Figure 8 Realty

Co-Listed By

Robert Moore

Crosby Doe Associates, Inc. License #02032806

Last Buyer's Agent

Justin Worsham

VonKeith Burbank License #01940186

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1912

Lot Details

  • 8,816 Sq Ft Lot
  • Lot Dimensions are 51x175
  • Property is zoned PSR1

Home Design

  • Bungalow

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Alarm System
  • Attic
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5728-001-015

Home Details

Home Type

Single Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Living Area: 1352
  • Lot Acreage: 0.2024
  • Lot Dimensions: 51x175
  • Stories: 1
  • Year Built: 1912
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate, Tile
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: In Kitchen, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Equipment: Alarm System, Dishwasher, Dryer, Washer, Refrigerator, Range/Oven, Garbage Disposal
  • Price Per S Q F T: 661.98

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5728-001-015
  • Lot Size Area: 8816

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Oct 5, 2021
Sold by
Ray Samantha and Ray Albert
Bought by
Ramirez Oscar and Naranjo Katheryn
Seller's Agent
Larry Herweg
Figure 8 Realty
Buyer's Agent
Justin Worsham
VonKeith Burbank
List Price
$895,000
Sold Price
$988,000
Premium/Discount to List
$93,000
10.39%
Current Estimated Value
$1,192,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,132
Avg. Annual Appreciation
4.57%
Original Mortgage
$822,000
Outstanding Balance
$747,959
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$444,173

Purchase Details

Listed on
May 16, 2019
Closed on
Jul 24, 2019
Sold by
Pintar Investment Company Residential Lp
Bought by
Ray Albert and Ray Cheryl
Seller's Agent
Jonathan Higgins
No Firm Affiliation
List Price
$735,000
Sold Price
$735,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.90%
Original Mortgage
$588,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 31, 2017
Closed on
Apr 18, 2017
Sold by
Bowman David
Bought by
Pintar Investment Company Residential Lp
Seller's Agent
Jermayne Shannon
COMPASS
Buyer's Agent
Mark Marsala
DOLAN REALTY COMPANY
List Price
$498,000
Sold Price
$400,000
Premium/Discount to List
-$98,000
-19.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.69%

Purchase Details

Closed on
Jun 14, 2013
Sold by
Bowman Catherine E
Bought by
Bowman Catherine Elizabeth and The Catherine Elizabeth Bowman Living Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ramirez Oscar $988,000 Lawyers Title
Ray Albert $735,000 First American Title Company
Pintar Investment Company Residential Lp $500,000 Old Republic
Bowman Catherine Elizabeth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Oscar $822,000
Previous Owner Ray Albert $588,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2021 10/14/21 Sold $988,000 +10.4% $731 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $895,000 +21.8% $662 / Sq Ft
08/29/2019 08/29/19 Sold $735,000 0.0% $544 / Sq Ft View Prior Sale
07/23/2019 07/23/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $735,000 +83.8% $544 / Sq Ft
06/12/2017 06/12/17 Sold $400,000 -19.7% $296 / Sq Ft View Prior Sale
06/09/2017 06/09/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $498,000 -- $368 / 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 $12,352 $1,048,472 $838,778 $209,694
2024 $11,768 $1,027,915 $822,332 $205,583
2023 $11,669 $1,007,760 $806,208 $201,552
2022 $11,264 $988,000 $790,400 $197,600
2021 $8,396 $742,613 $594,091 $148,522
2020 $8,062 $735,000 $588,000 $147,000
2019 $5,967 $520,200 $416,160 $104,040
2018 $6,034 $510,000 $408,000 $102,000
2016 $646 $33,498 $13,435 $20,063
2015 $636 $32,996 $13,234 $19,762
2014 $639 $32,350 $12,975 $19,375
Source: Public Records

Agents Affiliated with this Home

  • Larry Herweg

    Seller's Agent in 2021

    Larry Herweg

    Figure 8 Realty

    (323) 434-2005

    1 in this area

    10 Total Sales

    Larry Herweg
    Section Image

  • R

    Seller Co-Listing Agent in 2021

    Robert Moore

    Crosby Doe Associates, Inc.

    (310) 230-5478

    1 in this area

    14 Total Sales

    Robert Moore
    Section Image

  • J

    Buyer's Agent in 2021

    Justin Worsham

    VonKeith Burbank

  • J

    Seller's Agent in 2019

    Jonathan Higgins

    No Firm Affiliation

    Section Image
  • Jermayne Shannon

    Seller's Agent in 2017

    Jermayne Shannon

    COMPASS

    (626) 394-3004

    40 Total Sales

    Jermayne Shannon
    Section Image
  • Mark Marsala

    Buyer's Agent in 2017

    Mark Marsala

    DOLAN REALTY COMPANY

    (858) 353-0892

    61 Total Sales

    Mark Marsala
    Section Image
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Map

Source: The MLS

MLS Number: 21-786936

The MLS

APN: 5728-001-015

California Los Angeles County Pasadena 91103 Orange Heights

1259 N Summit Ave, Pasadena, CA

Not Listed for Sale

Detached

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