NOT LISTED FOR SALE

1525 Inverness Dr Pasadena, CA 91103

Linda Vista Neighborhood

Estimated Value: $523,494 - $604,000

1.32 Acres
$425,958 Price per Acre
57,421 Sq Ft Lot

Last Sold September 18, 2024

Last sale price $500,000 $1,748 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,312/month

26 Days on Market

Highlights

  • Panoramic View
  • No HOA
  • Foothills
  • 1.32 Acre Lot

About This Lot

As of September 2024

Over 57,400 sq ft ( 1,3 acres) of residential vacant land available to purchase in one of the most desired neighborhoods of Pasadena, Literally the last land sharing the border between Pasadena and La Canada Flintridge, yet minutes away from Glendale.
Property offers beautiful 180 degree panoramic views, Surrounded by multi-million dollar homes with country club & gold course nearby, close to Old Town Pasadena and Rose Bowl with easy access to freeways. The land is located on the established street with utilities close by. Perfect area to build your dream home with views. Property survey and topography map is available upon request. SELLER FINANCING MAY BE AVAILABLE.

Last Agent to Sell the Property

Eduard Khachatryan

Luxury Homes International Brokerage Email: glendalebroker@gmail.com License #01769888 Listed on: 08/23/2024

Last Buyer's Agent

Eduard Khachatryan

Luxury Homes International Brokerage Email: glendalebroker@gmail.com License #01769888 Listed on: 08/23/2024

Property Details

Property Type

  • Land

Lot Details

  • 1.32 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned PSR2

Property Views

  • Panoramic
  • City Lights
  • Woods
  • Canyon
  • Mountain
  • Hills
  • Neighborhood
  • Courtyard

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 5704004006
  • Tax Block K
  • $540 per year additional tax assessments

Property Details

Property Type

Land

Lot Details

1.32 Acres

Listing Details

  • Current Use: Residential, Unimproved
  • Possible Use: Residential
  • Possible Use Comments: RESIDENTIAL
  • View: Yes
  • Zoning: PSR2
  • Property Type: Land
  • Parcel Number: 5704004006
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 8.71

Exterior Features

  • View: Canyon, City Lights, Courtyard, Hills, Mountain(s), Neighborhood, Panoramic, Trees/Woods

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 57420.00
  • Lot Size Acres: 1.3182

Multi Family

  • Lot Size Area: 57420.0000 Square Feet

Tax Info

  • Tax Block: K
  • Tax Census Tract: 4608.00
  • TaxOtherAnnualAssessmentAmount: 540.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Sep 13, 2024
Sold by
Cordes Wendy
Bought by
Cordes Darrin
Seller's Agent
Eduard Khachatryan
Luxury Homes International
Buyer's Agent
Eduard Khachatryan
Luxury Homes International
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%
Views
36
Current Estimated Value
$561,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,498
Avg. Annual Appreciation
8.04%
Original Mortgage
$300,000
Outstanding Balance
$296,337
Interest Rate
6.47%
Mortgage Type
Seller Take Back
Estimated Equity
$265,161

Purchase Details

Listed on
Aug 23, 2024
Closed on
Sep 10, 2024
Sold by
David Lo And Hyo Lo Lfe Trust and Lo David
Bought by
Cordes Darrin
Seller's Agent
Eduard Khachatryan
Luxury Homes International
Buyer's Agent
Eduard Khachatryan
Luxury Homes International
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$296,337
Interest Rate
6.47%
Mortgage Type
Seller Take Back
Estimated Equity
$265,161

Purchase Details

Closed on
May 12, 2021
Sold by
Lo David Dugya and Lo Hyo Sue
Bought by
David Lo & Hyo Lo Life Estate Trust and Lo

Purchase Details

Closed on
Apr 7, 2021
Sold by
Lo David Dugya and Lo Hyo Sue
Bought by
Lo David and David Lo & Hyo Lo Life Estate

Purchase Details

Listed on
Apr 1, 2020
Closed on
Jun 4, 2020
Sold by
Riley Scott
Bought by
Lo David Dugya and Lo Hyo Sue
Seller's Agent
Shawn Kormondy
Keller Williams Beverly Hills
Buyer's Agent
Donald Case
List Price
$299,000
Sold Price
$270,000
Premium/Discount to List
-$29,000
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.63%

Purchase Details

Closed on
Feb 20, 1998
Sold by
City Of Pasadena
Bought by
Riley Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cordes Darrin -- Lawyers Title Company
Cordes Darrin $500,000 Lawyers Title Company
David Lo & Hyo Lo Life Estate Trust -- None Listed On Document
Lo David -- None Available
Lo David Dugya $270,000 Fidelity National Title
Riley Scott $164,500 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordes Darrin $300,000
Previous Owner Riley Scott $50,000
Closed Riley Scott $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2024 09/18/24 Sold $500,000 +0.2% $1,748 / Sq Ft
08/23/2024 08/23/24 For Sale $499,000 +84.8% $1,745 / Sq Ft
06/29/2020 06/29/20 Sold $270,000 -9.7% $944 / Sq Ft View Prior Sale
05/28/2020 05/28/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $299,000 -- $1,045 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,726 $500,000 $500,000 --
2024 $3,726 $289,493 $289,493 --
2023 $3,684 $283,817 $283,817 $0
2022 $3,549 $278,252 $278,252 $0
2021 $3,396 $272,797 $272,797 $0
2020 $2,962 $240,153 $239,436 $717
2019 $2,970 $235,445 $234,742 $703
2018 $3,041 $230,830 $230,140 $690
2016 $2,876 $221,868 $221,204 $664
2015 $2,841 $218,537 $217,882 $655
2014 $2,812 $214,257 $213,614 $643
Source: Public Records

Agents Affiliated with this Home

  • Eduard Khachatryan

    Seller's Agent in 2024

    Eduard Khachatryan

    Luxury Homes International

    (818) 484-8008

    1 in this area

    20 Total Sales

    Eduard Khachatryan
    Section Image
  • Shawn Kormondy

    Seller's Agent in 2020

    Shawn Kormondy

    Keller Williams Beverly Hills

    (323) 638-7567

    1 in this area

    143 Total Sales

    Shawn Kormondy
    Section Image
  • Sabina Yi

    Seller Co-Listing Agent in 2020

    Sabina Yi

    Keller Williams Beverly Hills

    (213) 344-6970

    1 in this area

    105 Total Sales

    Sabina Yi
    Section Image

  • D

    Buyer's Agent in 2020

    Donald Case

  • J

    Buyer's Agent in 2020

    Jung Kim

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD24174390

California Regional Multiple Listing Service (CRMLS)

APN: 5704-004-006

California Los Angeles County Pasadena 91011 Linda Vista

1525 Inverness Dr, Pasadena, CA

Not Listed for Sale

Lots

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