Seller's Agent in 2024
Michele Downing
COMPASS
(626) 523-6939
103 in this area
174 Total Sales
1505 Milan Ave South Pasadena, CA 91030
Estimated Value: $3,457,000 - $4,072,000
4
Beds
2.5
Baths
3,063
Sq Ft
$1,222/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Updated Kitchen
- Colonial Architecture
- Marengo Elementary Rated A+
- Open Floorplan
- 3-minute walk to Eddie Park & House
About This Home
As of March 2024Stunning colonial-style home located on one of the most prestigious streets and nestled in the heart of South Pasadena. Step inside to discover a welcoming foyer leading to the grand formal living room with cozy fireplace and beautiful picture windows. Tastefully renovated open-concept kitchen & family room are complete with top-of-the-line appliances, granite countertops, custom built-ins, light and bright dining area and double French doors leading to the outdoor deck, seamlessly blending indoor and outdoor living. Lower level is complete with convenient mud 'room,' butler's pantry, built-in speaker system and newly refinished hardwood floors. All creating the perfect atmosphere to either unwind and relax or host gatherings. The formal dining room is currently functioning as a large office but can easily be converted back to it's original design. Upper level offers four large bedrooms, two luxuriously remodeled bathrooms and updated laundry closet. The renovated backyard is a lovely oasis, with Avalon slate pavers, custom outdoor lighting and heating, lush greenery and a bespoke outdoor kitchen, creating an ideal space for entertaining. This home also boasts custom interior and exterior audio, ensuring a sophisticated ambiance throughout. This elegant residence offers a multitude of indoor/outdoor living spaces to suit everyone's desires while providing the rare opportunity to experience refined living in South Pasadena. Ideally located in the highly sought-after Marengo neighborhood with award winning Blue Ribbon Schools.
Last Agent to Sell the Property
COMPASS Brokerage Phone: (626) 523-6939 License #01046965 Listed on: 01/22/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $36,200
Year Built
- Built in 1923 | Remodeled
Lot Details
- 10,619 Sq Ft Lot
- East Facing Home
- Wood Fence
- Landscaped
- Sprinkler System
- Lawn
- Back and Front Yard
Parking
- 2 Car Garage
- Carport
- Oversized Parking
- Parking Available
- Workshop in Garage
- Front Facing Garage
- Two Garage Doors
- Driveway
Home Design
- Colonial Architecture
- Patio Home
- Raised Foundation
- Rolled or Hot Mop Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 3,063 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Crown Molding
- Beamed Ceilings
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Decorative Fireplace
- Double Pane Windows
- French Mullion Window
- French Doors
- Formal Entry
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Workshop
- Storage
- Center Hall
- Attic
- Unfinished Basement
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Butlers Pantry
- Gas Oven
- Gas Range
- Free-Standing Range
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Pots and Pans Drawers
- Built-In Trash or Recycling Cabinet
- Self-Closing Drawers and Cabinet Doors
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- All Upper Level Bedrooms
- Walk-In Closet
- Dressing Area
- Remodeled Bathroom
- Jack-and-Jill Bathroom
- Dual Sinks
- Bathtub with Shower
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Home Security
- Home Security System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Covered Patio or Porch
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Location
- Property is near a park
- Suburban Location
Schools
- Marengo Elementary School
- South Pasadena Middle School
- South Pasadena High School
Utilities
- Forced Air Heating and Cooling System
- Tankless Water Heater
Listing and Financial Details
- Tax Lot 3/4
- Assessor Parcel Number 5320027003
Community Details
Overview
- No Home Owners Association
- Eddy Park, Garfield Park
Recreation
- Golf Course Community
- Park
- Dog Park
- Horse Trails
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2024
Closed on
Feb 2, 2024
Sold by
Joseph And Elizabeth Davis Trust
Bought by
Schumacher-Siletz Trust and Schumacher
Seller's Agent
Michele Downing
COMPASS
Buyer's Agent
Peter Owens
Christie's RE SoCal
List Price
$3,298,000
Sold Price
$4,000,000
Premium/Discount to List
$702,000
21.29%
Views
57
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$256,111
Avg. Annual Appreciation
-4.46%
Original Mortgage
$2,350,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 26, 2021
Sold by
Davis Joseph Daniel and Davis Elizabeth Johna
Bought by
Davis Joseph Daniel and Davis Elizabeth Johna
Purchase Details
Closed on
Aug 31, 2017
Sold by
Edwards Dana W
Bought by
Davis Joseph Daniel and Davis Elizabeth Johna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,265,250
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Oct 12, 2012
Closed on
Oct 29, 2012
Sold by
Sherman Kenneth C
Bought by
Edwards Dana W and Edwards Jill M
Seller's Agent
Carol Majors
Coldwell Banker Realty
Buyer's Agent
Carol Kurachi
COMPASS
List Price
$1,755,000
Sold Price
$1,755,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$1,404,000
Interest Rate
2.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 15, 2006
Sold by
Sherman Kenneth C
Bought by
Sherman Kenneth C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$823,000
Interest Rate
7.25%
Mortgage Type
Negative Amortization
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schumacher-Siletz Trust | $4,000,000 | Lawyers Title | |
| Davis Joseph Daniel | -- | None Available | |
| Davis Joseph Daniel | -- | Fidelity National Title Co | |
| Edwards Dana W | $1,755,000 | Lawyers Title | |
| Sherman Kenneth C | -- | Chicago Title Co | |
| Sherman Kenneth C | -- | Accommodation |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Schumacher-Siletz Trust | $2,350,000 | |
| Previous Owner | Davis Joseph Daniel | $2,164,000 | |
| Previous Owner | Davis Joseph Daniel | $2,265,250 | |
| Previous Owner | Edwards Dana W | $1,404,000 | |
| Previous Owner | Sherman Kenneth C | $1,020,000 | |
| Previous Owner | Sherman Kenneth C | $823,000 | |
| Previous Owner | Sherman Kenneth C | $100,000 | |
| Previous Owner | Sherman Kenneth C | $772,200 | |
| Previous Owner | Sherman Kenneth C | $599,990 | |
| Previous Owner | Sherman Kenneth C | $75,000 | |
| Previous Owner | Sherman Kenneth C | $425,000 | |
| Previous Owner | Sherman Kenneth C | $114,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2024 03/20/24 | Sold | $4,000,000 | +21.3% | $1,306 / Sq Ft |
| 01/29/2024 01/29/24 | Pending | -- | -- | -- |
| 01/22/2024 01/22/24 | For Sale | $3,298,000 | +23.8% | $1,077 / Sq Ft |
| 11/17/2017 11/17/17 | Sold | $2,665,000 | 0.0% | $1,045 / Sq Ft |
| 11/17/2017 11/17/17 | Pending | -- | -- | -- |
| 11/17/2017 11/17/17 | For Sale | $2,665,000 | +51.9% | $1,045 / Sq Ft |
| 11/28/2012 11/28/12 | Sold | $1,755,000 | 0.0% | $639 / Sq Ft |
| 10/26/2012 10/26/12 | Pending | -- | -- | -- |
| 10/12/2012 10/12/12 | For Sale | $1,755,000 | -- | $639 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
Tax History Compared to Growth
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 | $36,200 | $4,080,000 | $2,856,000 | $1,224,000 |
| 2024 | $36,200 | $3,030,927 | $2,007,933 | $1,022,994 |
| 2023 | $35,422 | $2,971,498 | $1,968,562 | $1,002,936 |
| 2022 | $34,587 | $2,913,234 | $1,929,963 | $983,271 |
| 2021 | $34,066 | $2,856,113 | $1,892,121 | $963,992 |
| 2020 | $33,584 | $2,826,828 | $1,872,720 | $954,108 |
| 2019 | $33,073 | $2,718,300 | $1,836,000 | $882,300 |
| 2018 | $31,706 | $2,665,000 | $1,800,000 | $865,000 |
| 2017 | $22,793 | $1,881,740 | $1,273,247 | $608,493 |
| 2016 | $21,374 | $1,844,844 | $1,248,282 | $596,562 |
| 2015 | $21,027 | $1,817,134 | $1,229,532 | $587,602 |
| 2014 | $20,715 | $1,781,540 | $1,205,448 | $576,092 |
Source: Public Records
Agents Affiliated with this Home
-
Michele Downing
-
Peter Owens
P
Buyer's Agent in 2024
Peter Owens
Christie's RE SoCal
(888) 828-8008
2 in this area
22 Total Sales
-
Rex Owens
R
Buyer Co-Listing Agent in 2024
Rex Owens
Christie's RE SoCal
(323) 273-8825
1 in this area
10 Total Sales
-
Carol Kurachi
Seller's Agent in 2017
Carol Kurachi
Berkshire Hathaway Home Servic
(626) 688-2477
1 in this area
31 Total Sales
-
Vicky Botsford
Buyer Co-Listing Agent in 2017
Vicky Botsford
COMPASS
(626) 705-6207
56 Total Sales
-
C
Seller's Agent in 2012
Carol Majors
Coldwell Banker Realty
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-16280
APN: 5320-027-003
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