NOT LISTED FOR SALE

Estimated Value: $2,679,238 - $2,879,000

3 Beds
3 Baths
2,087 Sq Ft
$1,332/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $2,400,000 $1,150 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $17,359/month

8 Days on Market

Highlights

  • Art Studio
  • Primary Bedroom Suite
  • Wood Flooring
  • Blair High School Rated A-
  • Outdoor Fireplace
  • Spanish Architecture

About This Home

As of October 2022

Beautifully restored 1930 Spanish-Colonial jewel box! This three bedroom and three bath Spanish style home located on a peaceful, tree-lined street in the desirable Pasadena San Rafael flats area has been lovingly restored and expertly renovated from the ground up. The meticulous amount of thought and planning involved in the restoration and design of this bright and welcoming home is evident in every single detail, featuring an ideal blend of traditional architecture with state-of-the-art comfort and efficiency upgrades. The inviting main entryway leads into a formal living room featuring an open-beamed ceiling, arched wall niches, stunning hardwood floor and fireplace with Antique French Limestone mantel. The Gourmet Kitchen with adjoining Breakfast Nook features recessed lighting, Marble countertops, custom cabinetry, Galley sink, Viking stove, Bosch dishwasher and opens directly into the formal dining room. The primary bedroom has a custom walk-in closet containing ample storage with a gorgeous en-suite bathroom reminiscent of a home spa, featuring an open-beamed ceiling, elegant soaking tub, white Carrera Marble steam shower, and Waterworks fixtures. Custom iron doors open onto a secluded and tranquil Mediterranean inspired backyard masterfully designed to entertain family and guests alike. This outdoor oasis boasts a Wood Burning Fireplace, built-in DCS barbeque, beautiful stone work, outdoor speakers, landscape lighting, custom columned pergola with Wisteria canopy, Mature Olive & Fruit trees, and Chef’s Herb Garden on a timed irrigation drip system. The anterior grounds boast a sprawling lawn, Heirloom Roses and towering Mature trees providing full shade coverage all enclosed by a Privacy Hedge. The 2-car garage has been completely rebuilt and contains an attached Bonus Room that can be used as an Office, Studio or Workout room. The home also features gleaming hardwood floors and beautifully appointed ceramic floor tiles, built-in cabinetry and ample natural light throughout. Additional updates include new Electrical including Solar Roof Panels, new plumbing with Tankless Water Heater, new HVAC system with Smart Controls (ecobee 3), Caseta wireless dimmers, Earthquake Retrofit, brand new roof (with 10 year warranty), Speakers throughout the home’s interior, front patio, backyard and exterior refinished entirely in Santa Barbara Plaster. San Rafael Elementary School is just down the block. It truly embodies the historic grandeur of 1930’s Pasadena.

Last Agent to Sell the Property

David Wei

COMPASS License #01354834 Listed on: 10/03/2022

COMPASS

Last Buyer's Agent

Danielle DeBuhr

Crest Properties License #01926478

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,580

Year Built

  • Built in 1930

Lot Details

  • 9,743 Sq Ft Lot
  • Corner Lot
  • Property is zoned PSR6

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Spanish Architecture
  • Turnkey
  • Raised Foundation

Interior Spaces

  • 2,087 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room with Fireplace
  • Art Studio
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Soaking Tub
  • Separate Shower

Outdoor Features

  • Outdoor Fireplace
  • Exterior Lighting
  • Separate Outdoor Workshop

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 3850
  • Assessor Parcel Number 5715008001
  • $530 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,580

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: (626) 399-7166
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: PSR6
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5715008001
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2087.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Outside
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1149.98
  • Room Type: All Bedrooms Down, Art Studio, Entry, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Bathroom Features: Bathtub, Shower, Remodeled, Separate Tub And Shower, Soaking Tub

Exterior Features

  • Foundation: Raised
  • Other Structures: Workshop
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 9743.00
  • Lot Size Acres: 0.2237

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9743.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4638.00
  • Tax Lot: 16
  • Tax Tract Number: 3850
  • TaxOtherAnnualAssessmentAmount: 530.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
Oct 13, 2022
Sold by
Schacht Robert A and Schacht Malla
Bought by
Michael James Ferraro And Susan Ryan Ferraro
Seller's Agent
David Wei
COMPASS
Buyer's Agent
Danielle DeBuhr
Crest Properties
List Price
$2,118,000
Sold Price
$2,400,000
Premium/Discount to List
$282,000
13.31%
Views
47
Current Estimated Value
$2,779,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,310
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
Jan 30, 2015
Sold by
Short Maureen R
Bought by
Schacht Robert A and Schacht Malia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2006
Sold by
Madsen Kathleen R
Bought by
Madsen Kathleen R and The Madsen Revocable Trust

Purchase Details

Closed on
Sep 30, 2002
Sold by
Cockrum William M
Bought by
Madsen Kathleen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.22%

Purchase Details

Closed on
Sep 20, 2002
Sold by
Madsen Douglas F
Bought by
Madsen Kathleen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.22%

Purchase Details

Closed on
Aug 25, 1997
Sold by
Rose Janet J Tr Janet J Rose Trust
Bought by
Cockrum William M and Cockrum Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

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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
Michael James Ferraro And Susan Ryan Ferraro $2,400,000 Lawyers Title
Schacht Robert A $1,250,000 Lawyers Title
Madsen Kathleen R -- None Available
Madsen Kathleen R $750,000 Southland Title
Madsen Kathleen R -- Southland Title Corporation
Cockrum William M $459,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferraro Michael James $500,000
Previous Owner Schacht Robert A $320,000
Previous Owner Schacht Robert A $3,091,000
Previous Owner Schacht Robert A $50,000
Previous Owner Schacht Robert A $350,000
Previous Owner Madsen Kathleen R $380,000
Previous Owner Madsen Kathleen R $407,000
Previous Owner Madsen Kathleen R $450,000
Previous Owner Cockrum William M $359,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $2,400,000 +13.3% $1,150 / Sq Ft
10/15/2022 10/15/22 For Sale $2,118,000 0.0% $1,015 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/03/2022 10/03/22 For Sale $2,118,000 +69.4% $1,015 / Sq Ft
05/08/2015 05/08/15 Sold $1,250,000 -7.4% $628 / Sq Ft
04/10/2015 04/10/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $1,350,000 -- $679 / 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 $26,580 $2,429,916 $1,567,677 $862,239
2024 $26,580 $2,382,272 $1,536,939 $845,333
2023 $26,358 $2,335,561 $1,506,803 $828,758
2022 $16,272 $1,449,318 $1,132,528 $316,790
2021 $15,604 $1,420,901 $1,110,322 $310,579
2019 $15,010 $1,378,759 $1,077,391 $301,368
2018 $15,318 $1,351,725 $1,056,266 $295,459
2016 $14,676 $1,284,062 $1,015,250 $268,812
2015 $10,538 $903,806 $646,284 $257,522
2014 $10,235 $886,103 $633,625 $252,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF22204626

California Regional Multiple Listing Service (CRMLS)

APN: 5715-008-001