NOT LISTED FOR SALE

1266 N Mentor Ave Pasadena, CA 91104

Bungalow Heaven Neighborhood

Estimated Value: $1,232,000 - $1,530,918

4 Beds
2 Baths
1,900 Sq Ft
$742/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $1,150,000 $605 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,562/month

35 Days on Market

Highlights

  • Laundry Room
  • Energy-Efficient Appliances
  • Central Heating
  • Pasadena High School Rated A
  • Landscaped
  • Level Lot

About This Home

As of July 2018

Great income property in Bungalow Heaven are of Pasadena! This vintage craftsman style neighborhood is in high demand as it is exactly what Pasadena is known for. With two rentable (occupied) units there is opportunity to make a consistent monthly return. Each unit features 2bd and 1ba. The front unit is around 1000sq/ft and the back unit is around 900sq/ft. Each unit has its own private outdoor patio space as well as a single car garage (2 car garage with a partition wall down the center). Both units are updated, but still have that vintage feel.

Last Agent to Sell the Property

JARED COBB

KELLER WILLIAMS BIG BEAR License #02003040 Listed on: 05/12/2018

Last Buyer's Agent

david lao

Berkshire Hathaway HomeServices California Properties License #00991605

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 10,434 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Level Lot
  • Back Yard

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating
  • Sewer Paid

Additional Features

  • Energy-Efficient Appliances
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 49 / 3
  • Tax Tract Number 4624
  • Assessor Parcel Number 5740002009

Community Details

Overview

  • 3 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Operating Expense $1
  • Gross Income $5,385
  • Net Operating Income $5,385

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Water Sewer Expenses: 1.00
  • Zoning: PSR6
  • Property Type: Residential Income
  • Parcel Number: 5740002009
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Price Per Square Foot: 605.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Green Features

  • Efficiency: Appliances

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Level with Street, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10434.00

Multi Family

  • Electric Expense: 1.00
  • Fuel Expense: 1.00
  • Gross Income: 5385.00
  • Gross Scheduled Income: 5385.00
  • Insurance Expense: 1.00
  • Net Operating Income: 5385.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 1.00
  • Rent Control: No
  • Total Expenses: 1.00

Tax Info

  • New Taxes Expense: 1.00
  • Tax Block: 3
  • Tax Census Tract: 4624.00
  • Tax Lot: 49
  • Tax Tract Number: 4624

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2018
Closed on
Jul 2, 2018
Sold by
Knutsen James B and Knutsen Theresa M
Bought by
Erich Ventures Llc
Seller's Agent
JARED COBB
KELLER WILLIAMS BIG BEAR
Buyer's Agent
david lao
Berkshire Hathaway HomeServices California Properties
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%
Current Estimated Value
$1,409,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,480
Avg. Annual Appreciation
2.77%
Original Mortgage
$680,000
Outstanding Balance
$590,624
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$818,856

Purchase Details

Closed on
Jul 6, 2015
Sold by
Knutsen James B
Bought by
Knutsen James B and Knutsen Theresa M

Purchase Details

Closed on
Nov 14, 2012
Sold by
Knutsen Dawn M
Bought by
Knutsen James B

Purchase Details

Closed on
Apr 3, 2007
Sold by
Burkhart Nancy Ann
Bought by
Knutsen James B and Knutsen Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2001
Sold by
Jebbia Dennis A
Bought by
Burkhart Nancy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
7.14%

Purchase Details

Closed on
Jul 17, 2000
Sold by
Jebbia Elizabeth Anne
Bought by
Jebbia Dennis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,250
Interest Rate
8.2%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Erich Ventures Llc $1,150,000 Stewart Title Of California
Knutsen James B -- None Available
Knutsen James B -- None Available
Knutsen James B $735,000 Fatcola
Burkhart Nancy Ann $369,000 Commonwealth Title
Jebbia Dennis A -- Commonwealth Title
Jebbia Dennis A $257,500 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erich Ventures Llc $680,000
Previous Owner Knutsen James B $588,000
Previous Owner Burkhart Nancy Ann $269,000
Previous Owner Jebbia Dennis A $180,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $1,150,000 -2.1% $605 / Sq Ft
06/16/2018 06/16/18 Pending -- -- --
06/14/2018 06/14/18 Price Changed $1,175,000 -2.1% $618 / Sq Ft
05/12/2018 05/12/18 For Sale $1,200,000 -- $632 / 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 $14,383 $1,282,842 $962,691 $320,151
2024 $14,383 $1,257,689 $943,815 $313,874
2023 $14,262 $1,233,029 $925,309 $307,720
2022 $13,767 $1,208,853 $907,166 $301,687
2021 $13,205 $1,185,151 $889,379 $295,772
2020 $12,672 $1,173,000 $880,260 $292,740
2019 $12,708 $1,150,000 $863,000 $287,000
2018 $9,974 $865,454 $659,395 $206,059
2016 $8,551 $733,000 $558,400 $174,600
2015 $9,299 $797,000 $607,200 $189,800
2014 $8,409 $719,000 $547,800 $171,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    JARED COBB

    KELLER WILLIAMS BIG BEAR

  • david lao

    Buyer's Agent in 2018

    david lao

    Berkshire Hathaway HomeServices California Properties

    (626) 922-4213

    62 Total Sales

    david lao
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV18112367

California Regional Multiple Listing Service (CRMLS)

APN: 5740-002-009

California Los Angeles County Pasadena 91104 Bungalow Heaven

1266 N Mentor Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes