NOT LISTED FOR SALE

Estimated Value: $1,095,000 - $1,716,000

5 Beds
2 Baths
1,626 Sq Ft
$900/Sq Ft Est. Value

Last Sold January 15, 2015

Last sale price $810,000 $498 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $8,896/month

1 Day on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • Floor Furnace
  • Pasadena High School Rated A
  • Wood Flooring

About This Home

As of January 2015

Wonderful Northeast Pasadena area. East of Lake Ave - North of Washington Blvd. Sale subject to sellers 1031 Exchange process. Seller does not warrant appliances. New concrete driveway and walkways. Needs some TLC.

Last Agent to Sell the Property

Herman Helber

Coldwell Banker Realty License #00962966 Listed on: 12/01/2014

Last Buyer's Agent

Michael Bell

Sotheby's International Realty, Inc. License #01164731

Sotheby's International Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,600

Year Built

  • Built in 1923

Lot Details

  • 10,231 Sq Ft Lot
  • No Common Walls

Parking

  • 5 Car Garage
  • Parking Available
  • Three Garage Doors

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Mountain Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 12
  • Assessor Parcel Number 5850015003

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $480
  • Insurance Expense $2,000
  • Water Sewer Expense $1,300
  • Gross Income $28,800
  • Net Operating Income $14,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,600

Year Built

Built in 1923

Lot Details

0

Parking

5

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: Yes
  • Water Sewer Expenses: 1300.00
  • Zoning: PSR6
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 5850015003
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood

Exterior Features

  • Foundation: Raised
  • View: Mountain(s)
  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage - Three Door
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Heating Type: Floor Furnace, Natural Gas

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size: 50 x 207 Ft.
  • Lot Size Sq Ft: 10231.00
  • Lot Size Acres: 0.2300

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Operating Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 10231.0000 Square Feet
  • Net Operating Income: 14700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 14100.00

Tax Info

  • Tax Lot: 12
  • Tax Tract: 5064
  • Tax Annual Amount: 10600.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2015
Sold by
Kucera Thomas J and Kucera Chandra L
Bought by
Kucera Living Trust
Current Estimated Value
$1,462,779

Purchase Details

Listed on
Dec 1, 2014
Closed on
Jan 6, 2015
Sold by
Fairbanks Paul Laurence and Fairbnks Paulilne Hui Liang
Bought by
California Baptist Foundation and Paul L & Pauline H L Fairbank 2014 Chari
Seller's Agent
Herman Helber
Coldwell Banker Realty
Buyer's Agent
Michael Bell
Sotheby's International Realty, Inc.
List Price
$895,000
Sold Price
$810,000
Premium/Discount to List
-$85,000
-9.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$533,850
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2014
Closed on
Dec 9, 2014
Sold by
Fairbanks Paul Laurence and Fairbanks Pauline Hui Liang
Bought by
Kucera Thomas J and Kucerar Chandra L
Seller's Agent
Herman Helber
Coldwell Banker Realty
Buyer's Agent
Michael Bell
Sotheby's International Realty, Inc.
List Price
$895,000
Sold Price
$810,000
Premium/Discount to List
-$85,000
-9.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
3.82%
Mortgage Type
New Conventional
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
Kucera Living Trust -- None Available
California Baptist Foundation -- None Available
Kucera Thomas J $810,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kucera Thomas J $477,000
Closed Kucera Thomas J $533,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2015 01/15/15 Sold $810,000 -9.5% $498 / Sq Ft
12/02/2014 12/02/14 Pending -- -- --
12/01/2014 12/01/14 For Sale $895,000 -- $550 / 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 $11,113 $973,489 $685,049 $288,440
2024 $11,113 $954,402 $671,617 $282,785
2023 $11,019 $935,690 $658,449 $277,241
2022 $10,641 $917,344 $645,539 $271,805
2021 $10,211 $899,358 $632,882 $266,476
2019 $9,832 $872,684 $614,111 $258,573
2018 $9,933 $855,573 $602,070 $253,503
2016 $9,622 $822,352 $578,692 $243,660
2015 $1,360 $84,271 $18,604 $65,667
2014 $1,354 $82,621 $18,240 $64,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-314033765

Pasadena-Foothills Association of REALTORS®

APN: 5850-015-003