NOT LISTED FOR SALE

Estimated Value: $1,590,704

6 Beds
2 Baths
3,042 Sq Ft
$523/Sq Ft Est. Value

Sale Details

Date Sold: April 11, 2014

Last sale price $875,000 $288 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $9,816 / mo

266 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Laundry Facilities
  • Pasadena High School Rated A
  • Central Heating and Cooling System

About This Home

As of April 2014

There are 2 homes that are part of one 12,994 sq. ft. lot. The home facing Paloma is a historic 1920's Craftsman style home and is situated on a corner of the lot at Paloma St and Hill. This 1792 sq. ft. 4 bedroom 2 bath home is adorable. This 2 Story home features wood floors and maintains its historic design. It has a formal dining room. The home in Hill St is 1250 sq. ft. 2 bed 1 bath home. This home has been restored following the guidelines of the Pasadena Historic Preservation. Come see the details and go back in time but with modern amenities such as Central AC and Heat, upgraded plumbing and wiring. The wooden vaulted ceilings and wrought iron trim makes this Spanish Bungalow seem unchanged.

Last Agent to Sell the Property

Roy Blume

Provenio Realty and Investment License #01883984 Listed on: 03/21/2014

Co-Listed By

Irene Truong

Provenio Realty and Investment License #01864842

Last Buyer's Agent

Eugene Ridenour

Compass License #01352359

Compass
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 12,994 Sq Ft Lot
  • Lot Dimensions are 70 x 187
  • No Common Walls
  • Corner Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Uncovered Parking

Interior Spaces

  • 3,042 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance
  • Tax Lot 1
  • Tax Tract Number 172
  • Assessor Parcel Number 5749007001

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $3,400
  • Trash Expense $600
  • New Taxes Expense $15
  • Gross Income $4,850
  • Net Operating Income $55,805

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0.3 Acres

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5749007001
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Fireplace Features: Living Room
  • Price Per Square Foot: 287.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Corner Lot
  • Lot Size: 70 x 187
  • Lot Size Sq Ft: 12994.00
  • Lot Size Acres: 0.2980

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance

Multi Family

  • Gross Income: 4850.00
  • Gross Scheduled Income: 57000.00
  • Insurance Expense: 3400.00
  • Lot Size Area: 12994.0000 Square Feet
  • Net Operating Income: 55805.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 2000.00
  • Rent Control: No
  • Total Actual Rent: 33000.00

Tax Info

  • New Taxes Expense: 15.00
  • Tax Lot: 1
  • Tax Tract Number: 172
  • Tax Year: 2012

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2014
Closed on
Mar 6, 2014
Sold by
Bought by
Seller's Agent
Roy Blume
Provenio Realty and Investment
Buyer's Agent
Eugene Ridenour
Compass
List Price
$1,198,000
Sold Price
$875,000
Premium/Discount to List
-$323,000
-26.96%
Current Estimated Value
$1,590,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$715,704
Avg. Annual Appreciation
4.97%
Original Mortgage
$656,250
Interest Rate
4.32%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$905,000 Western Resources Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $533,000
Closed $656,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/11/2014 04/11/14 Sold $875,000 -27.0% $288 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
06/12/2013 06/12/13 For Sale $1,198,000 -- $394 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,877 $1,072,618 $704,864 $367,754
2024 $12,247 $1,051,588 $691,044 $360,544
2023 $12,144 $1,030,970 $677,495 $353,475
2022 $11,726 $1,010,756 $664,211 $346,545
2021 $11,243 $990,938 $651,188 $339,750
2020 $10,795 $980,778 $644,511 $336,267
2019 $10,824 $961,548 $631,874 $329,674
2018 $11,006 $942,695 $619,485 $323,210
2016 $10,646 $906,091 $595,431 $310,660
2015 $10,452 $892,482 $586,488 $305,994
2014 $1,244 $71,948 $21,775 $50,173
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13113820

California Regional Multiple Listing Service (CRMLS)

APN: 5749-007-001

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