NOT LISTED FOR SALE

1260 N Raymond Ave Pasadena, CA 91103

Orange Heights Neighborhood

Estimated Value: $3,105,534 - $3,122,000

3 Beds
1.5 Baths
1,200 Sq Ft
$2,595/Sq Ft Est. Value

Last Sold March 11, 2016

Last sale price $1,600,000 $1,333 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $18,288/month

Highlights

  • Parking Storage or Cabinetry
  • Central Heating
  • 4-minute walk to La Pintoresca Park
  • John Muir High School Rated A-

About This Home

As of July 2020

Beautiful, modern, spacious, and bright townhome-style apartment. Wood floors, new kitchen, new bathrooms, and private enclosed patio. Well cared for property and grounds. Quiet neighbors. 2 parking spaces included with unit. This home is close to all transportation, Old Town Pasadena, Goldline Metro Center, many restaurants, schools, churches, parks and the Rose Bowl. Conveniently located close to the 210 and 134 freeways. A great place to call home!

Last Agent to Rent the Property

Donna D'Aurio

Berkshire Hathaway Home Servic License #02012908 Listed on: 07/07/2020

Berkshire Hathaway Home Servic

Last Renter's Agent

Donna D'Aurio

Berkshire Hathaway Home Servic License #02012908 Listed on: 07/07/2020

Berkshire Hathaway Home Servic

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,127

Year Built

  • Built in 1958

Lot Details

  • 0.3

Home Design

  • Property Attached

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Separate Shower

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Storage or Cabinetry
  • Parking Available
  • Private Parking

Additional Features

  • 0.3 Acre Lot
  • Central Heating

Community Details

  • Not Applicable 1007242 Subdivision

Listing and Financial Details

  • Security Deposit $2,800
  • 12-Month Minimum Lease Term
  • Available 7/7/20
  • Assessor Parcel Number 5728001009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,127

Year Built

Built in 1958

Lot Details

0

Rental Info

  • Available Date: 2020-07-07
  • Credit Check: No
  • Deposit Security: 2800

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: PSR1
  • Property Type: Residential Lease
  • Parcel Number: 5728001009
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area: 1200.00
  • Stories: 2
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Two
  • Price Per Square Foot: 2.33
  • Room Type: All Bedrooms Up
  • Bathroom Features: Separate Tub And Shower

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Private
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Heating Type: Central

Lot Info

  • Lot Size Sq Ft: 13107.00
  • Lot Size Acres: 0.3000

Multi Family

  • Lease Term: 12 Months
  • Lot Size Area: 13107.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2015
Closed on
Feb 25, 2016
Sold by
1248 Raymond Llc
Bought by
1248-1260 Raymond Llc
Seller's Agent
Michael Pourmirza
Peak Commercial, Inc
List Price
$1,595,000
Sold Price
$1,600,000
Premium/Discount to List
$5,000
0.31%
Current Estimated Value
$3,113,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,513,767
Avg. Annual Appreciation
6.63%
Original Mortgage
$955,000
Outstanding Balance
$761,416
Interest Rate
3.79%
Mortgage Type
Commercial
Estimated Equity
$2,189,004

Purchase Details

Closed on
Apr 25, 2007
Sold by
Canon Philippe and Canon Kim Marie
Bought by
1248 Raymond Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
6.15%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 30, 2005
Sold by
Canon Philippe
Bought by
Canon Philippe and Canon Kim Marie

Purchase Details

Closed on
Sep 15, 2005
Sold by
Canon Philippe
Bought by
Canon Philippe and Canon Kim

Purchase Details

Closed on
Mar 19, 2004
Sold by
Canon Kim Marie
Bought by
Canon Philippe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
5.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2004
Sold by
Cortez Carolina
Bought by
Canon Philippe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
5.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2003
Sold by
Hernandez Arturo
Bought by
Cortez Carolina

Purchase Details

Closed on
Aug 9, 2002
Sold by
Velasquez Blanca E
Bought by
Hernandez Arturo

Purchase Details

Closed on
Oct 1, 1999
Sold by
Becerra Angel and Munoz Leonardo
Bought by
Velasquez Blanca E

Purchase Details

Closed on
Feb 12, 1998
Sold by
Rodriguez Pedro
Bought by
Becerra Angel and Munoz Leonardo

Purchase Details

Closed on
Aug 21, 1997
Sold by
Fidelity Federal Bank
Bought by
Rodriguez Pedro

Purchase Details

Closed on
Jun 26, 1997
Sold by
Garcia Fermin and Fidelity Federal Bank
Bought by
Fidelity Federal Bank
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
1248-1260 Raymond Llc $1,600,000 Title 365
1248 Raymond Llc $1,095,000 Fidelity National Title Co
Canon Philippe -- None Available
Canon Philippe -- Commonwealth Title
Canon Philippe -- Equity Title Company
Canon Philippe $600,000 Equity Title Company
Cortez Carolina -- --
Hernandez Arturo -- --
Velasquez Blanca E -- --
Becerra Angel $330,000 First Southwestern Title Co
Rodriguez Pedro $195,000 American Coast Title
Fidelity Federal Bank $129,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1248-1260 Raymond Llc $955,000
Previous Owner 1248 Raymond Llc $750,000
Previous Owner 1248 Raymond Llc $765,000
Previous Owner Canon Philippe $804,000
Previous Owner Canon Philippe $505,000
Previous Owner Becerra Angel $315,989
Previous Owner Rodriguez Pedro $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2020 07/21/20 Rented $2,800 0.0% --
07/07/2020 07/07/20 For Rent $2,800 0.0% --
03/11/2016 03/11/16 Sold $1,600,000 +0.3% $241 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
12/09/2015 12/09/15 For Sale $1,595,000 -- $241 / 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 $22,127 $1,894,069 $1,065,414 $828,655
2024 $22,127 $1,856,931 $1,044,524 $812,407
2023 $21,943 $1,820,522 $1,024,044 $796,478
2022 $21,199 $1,784,826 $1,003,965 $780,861
2021 $20,334 $1,749,830 $984,280 $765,550
2019 $19,587 $1,697,932 $955,087 $742,845
2018 $19,904 $1,664,640 $936,360 $728,280
2016 $15,219 $1,239,287 $792,238 $447,049
2015 $15,049 $1,220,672 $780,338 $440,334
2014 $14,775 $1,196,762 $765,053 $431,709
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2020

    Donna D'Aurio

    Berkshire Hathaway Home Servic

    Section Image
  • Michael Pourmirza

    Seller's Agent in 2016

    Michael Pourmirza

    Peak Commercial, Inc

    (818) 999-9666

    6 Total Sales

    Michael Pourmirza
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-820002585

Pasadena-Foothills Association of REALTORS®

APN: 5728-001-009

California Los Angeles County Pasadena 91103 Orange Heights

1260 N Raymond Ave, Pasadena, CA

This home is located at 1260 N Raymond Ave, Pasadena, CA 91103 since 07 July 2020 and is currently priced at $3,113,767. This property was built in 1958. 1260 N Raymond Ave is a home located in Los Angeles County with nearby schools including Washington Elementary STEM Magnet, Octavia E. Butler Magnet, and John Muir High School.

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