NOT LISTED FOR SALE

1501 S Marengo Ave Pasadena, CA 91106

Oak Knoll Neighborhood

Estimated Value: $4,724,000 - $5,602,648

5 Beds
4 Baths
4,484 Sq Ft
$1,121/Sq Ft Est. Value

Last Sold April 24, 2018

Last sale price $2,828,000 $631 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $30,786/month

55 Days on Market

Highlights

  • Private Pool
  • View of Trees or Woods
  • Atrium Room
  • Blair High School Rated A-
  • 101,318 Sq Ft lot
  • Fireplace in Primary Bedroom

About This Home

As of April 2018

A rare combination of a stunning Spanish style home on a large 2.33 Acre lot surrounded by the tranquil beauty of nature. This 5 bedroom 4 bath home with an elegant dining room with arched ceilings is situated in an excellent location and great neighborhood. Other interior features of the house include a large detailed living room, four fireplaces, a liquor bar, spacious kitchen and a center garden area within the house. The large front yard and driveway ensure privacy and guests can be accommodated in the guest house on the property. A large Patio area and swimming pool provide respite on hot summer days and a place where one can entertain family and friends. The property is adjacent to San Marino and South Pasadena while still being close to the 110 freeway, the Art Center of design, old town Pasadena and Cal Tech. Must see to Appreciate.

Last Agent to Sell the Property

Serge Maalouf

MGR REAL ESTATE, INC. License #01932248 Listed on: 01/23/2018

MGR REAL ESTATE, INC.

Co-Listed By

Hiba Matta

Re/Max Premier Prop SanMarino License #01835638

Last Buyer's Agent

Angela Liang

Berkshire Hathaway HomeServices California Properties License #01838042

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,313

Year Built

  • Built in 1915

Lot Details

  • 2.33 Acre Lot
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Value in Land
  • Property is zoned PSR4

Parking

  • 2 Car Garage

Interior Spaces

  • 4,484 Sq Ft Home
  • Formal Entry
  • Family Room with Fireplace
  • Living Room
  • Dining Room with Fireplace
  • Home Office
  • Atrium Room
  • Views of Woods
  • Laundry Room
  • Attic
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • 4 Full Bathrooms

Outdoor Features

  • Private Pool
  • Exterior Lighting

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 7
  • Assessor Parcel Number 5324020042

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,313

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PSR4
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5324020042
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4484.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Dining Room, Family Room, Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 630.69
  • Room Type: Atrium, Attic, Basement, Entry, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Office

Exterior Features

  • View: Trees/Woods
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Lot Over 40000 Sqft, Value In Land, Yard
  • Lot Size Sq Ft: 101318.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4640.00
  • Tax Lot: 7
  • Tax Tract Number: 7-170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2023
Sold by
John And Winnie Wang Revocable Trust
Bought by
John Michael Wang Living Trust
Current Estimated Value
$5,027,912

Purchase Details

Listed on
Jan 23, 2018
Closed on
Apr 13, 2018
Sold by
Brozek Peter
Bought by
Wang John M and Wang Winnie Chan
Seller's Agent
Serge Maalouf
MGR REAL ESTATE, INC.
Buyer's Agent
Angela Liang
Berkshire Hathaway HomeServices California Properties
List Price
$3,250,000
Sold Price
$2,828,000
Premium/Discount to List
-$422,000
-12.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%

Purchase Details

Closed on
Jan 27, 2017
Sold by
Stanley Brozek and Stanley Agnes Brozek
Bought by
Brozek Peter and Brozek Paul

Purchase Details

Closed on
Aug 26, 2004
Sold by
Brozek Agnes
Bought by
Brozek Agnes

Purchase Details

Closed on
Apr 2, 1999
Sold by
Brozek Stanley
Bought by
Brozek Agnes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
5.62%
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
John Michael Wang Living Trust -- None Listed On Document
Wang John M $2,828,000 Provident Title Company
Brozek Peter -- None Available
Brozek Agnes -- --
Brozek Agnes -- --
Brozek Stanley -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brozek Agnes $110,000
Previous Owner Brozek Stanley $100,000
Previous Owner Brozek Stanley $237,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2018 04/24/18 Sold $2,828,000 -13.0% $631 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $3,250,000 -- $725 / 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 $41,313 $3,685,929 $2,275,657 $1,410,272
2024 $41,313 $3,613,657 $2,231,037 $1,382,620
2023 $40,967 $3,542,802 $2,187,292 $1,355,510
2022 $34,729 $3,032,186 $2,144,404 $887,782
2021 $33,266 $2,972,732 $2,102,357 $870,375
Source: Public Records

Agents Affiliated with this Home

  • Serge Maalouf

    Seller's Agent in 2018

    Serge Maalouf

    MGR REAL ESTATE, INC.

    (626) 999-7058

    19 Total Sales

    Serge Maalouf
    Section Image

  • H

    Seller Co-Listing Agent in 2018

    Hiba Matta

    RE/MAX

    Section Image

  • A

    Buyer's Agent in 2018

    Angela Liang

    Berkshire Hathaway HomeServices California Properties

    (626) 297-7779

    3 in this area

    51 Total Sales

    Angela Liang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18016789

California Regional Multiple Listing Service (CRMLS)

APN: 5324-020-044

California Los Angeles County Pasadena 91106 Oak Knoll

1501 S Marengo Ave, Pasadena, CA

This home is located at 1501 S Marengo Ave, Pasadena, CA 91106 since 23 January 2018 and is currently estimated at $5,027,912, approximately $1,121 per square foot. This property was built in 1915. 1501 S Marengo Ave is a home located in Los Angeles County with nearby schools including McKinley School, Blair High School, and Irl - Westmoreland Academy.

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

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