NOT LISTED FOR SALE

1525 Marengo Ave South Pasadena, CA 91030

Estimated Value: $2,135,000 - $2,642,347

3 Beds
2.5 Baths
1,943 Sq Ft
$1,281/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $2,053,000 $1,057 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $15,722/month

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • Deck
  • Marengo Elementary Rated A+
  • Open Floorplan
  • Property is near a park

About This Home

As of November 2020

Beautifully reconstructed and remodeled Modern Mountain Ranch in the heart of South Pasadena. Seconds from Marengo Elementary and middle school, this property is conveniently located to downtown SP, Garfield Park, restaurants, shops, library and more! Recessed from the street and landscaped for privacy enjoy a large brick porch on summer evenings amidst the gardens and water fountain. The home exudes warmth with all of its windows, natural light, European Oak wood floors, and audio system throughout. Enter into a living room with custom fireplace, exposed wood beams, and wooded wallpaper. Floor plan leads into an open concept between the dining room with iron and crystal chandelier, and gourmet kitchen boasting a butcher block island, GE Cafe appliances with built-in Keurig, quartz countertops, open shelves, and a ton of custom cabinetry. Separate laundry room and handsome 'Bee' powder room with reclaimed wood vanity. North side of the property offers two guest bedrooms with ample closets, and full guest bath with double vanity and ornate tile, linen closet. Master suite offers a huge walk-in closet, and large en suite bath with double vanity, grand shower with standard, rain head and hand held capability. Dedicated wet and dry bar area for entertaining guests, and large family room with tall ceilings and bifold doors that open to the backyard deck, perfect for outdoor dining under the tree and cafe lights, lawn, gardens and outdoor lounge area. Attached two-car garage.

Last Agent to Sell the Property

Carmine Sabatella

The Agency License #01945152 Listed on: 10/12/2020

The Agency

Co-Listed By

Ryan Delair

The Agency License #02065324

Last Buyer's Agent

Michelle Chan

Deasy Penner Podley License #02013197

Deasy Penner Podley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,295

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 8,320 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Drip System Landscaping
  • Sprinklers Throughout Yard
  • Wooded Lot
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door
  • Driveway
  • On-Street Parking

Home Design

  • Turnkey
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 1,943 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laundry Room
  • Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Instant Hot Water

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Bathtub
  • Multiple Shower Heads
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Home Security

  • Alarm System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Location

  • Property is near a park
  • Suburban Location

Schools

  • Marengo Elementary School
  • South Pasadena Middle School
  • South Pasadena High School

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 5320006022

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,295

Year Built

Built in 1949 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security Lights, Security System, Smoke Detector(s), Wired for Alarm System, Fire Rated Drywall
  • View: No
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5320006022
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1943.00 Square Feet
  • Interior Amenities: Built-in Features, Wired for Sound, Wired for Data, Pantry, Ceiling Fan(s), Wet Bar, Storage, Recessed Lighting, Open Floorplan, High Ceilings, Crown Molding, Bar
  • Stories: 1
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room, Family Kitchen, In Kitchen
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Price Per Square Foot: 976.84
  • Room Type: Attic, Primary Suite, Laundry, Kitchen, Walk-In Closet, Living Room, Family Room
  • Bathroom Features: Double Sinks In Bath(s), Bathtub, Upgraded, Stone Counters, Exhaust Fan(s), Dual Shower Heads (or Multiple), Double Sinks In Primary Bath, Shower, Remodeled, Low Flow Toilet(s), Linen Closet/Storage
  • Room Kitchen Features: Kitchen Island, Built-In Trash/Recycling, Self-Closing Drawers, Self-Closing Cabinet Doors, Quartz Counters, Pots & Pan Drawers, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete, Front Porch, Deck
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Driveway, Street
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, 6 Burner Stove, Tankless Water Heater, Range Hood, Microwave, Instant Hot Water, Gas Range, Gas Oven, Gas Cooktop, Water Line to Refrigerator, Refrigerator, Ice Maker, Freezer
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Suburban, Street Lights, Sidewalks, Park

Schools

  • Elementary School: Marengo
  • Middle School: South Pasadena
  • High School: South Pasadena
  • Elementary School: Marengo
  • High School: South Pasadena
  • Middle Or Junior School: South Pasadena
  • Elementary School #2: MARENG
  • High School2: SOUPAS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Garden, Treed Lot, Sprinklers Timer, Sprinkler System, Sprinklers On Side, Sprinklers In Rear, Sprinklers In Front, Sprinklers Drip System, Park Nearby, Yard, Landscaped, Lawn, Front Yard
  • Lot Size Sq Ft: 8320.00
  • Lot Size Acres: 0.1910

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8320.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Oct 29, 2020
Sold by
Sabatella Carmine R
Bought by
Stephenson James and Stephenson Ellen
Seller's Agent
Carmine Sabatella
The Agency
Buyer's Agent
Michelle Chan
Deasy Penner Podley
List Price
$1,898,000
Sold Price
$2,053,000
Premium/Discount to List
$155,000
8.17%
Current Estimated Value
$2,488,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,087
Avg. Annual Appreciation
4.14%
Original Mortgage
$1,642,400
Outstanding Balance
$1,464,833
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,025,188

Purchase Details

Listed on
Jun 27, 2019
Closed on
Jan 2, 2020
Sold by
Delair Ryan
Bought by
Sabatella Carmine R
Seller's Agent
Cindy Ho
HUNTINGTON REALTY GROUP CO.
Buyer's Agent
Carmine Sabatella
COMPASS
List Price
$1,505,000
Sold Price
$1,450,000
Premium/Discount to List
-$55,000
-3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.83%
Original Mortgage
$1,410,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 27, 2019
Closed on
Dec 17, 2019
Sold by
Yip Ruby L and The Michael And Ruby Yip Famil
Bought by
Sabatella Carmine R
Seller's Agent
Cindy Ho
HUNTINGTON REALTY GROUP CO.
Buyer's Agent
Carmine Sabatella
COMPASS
List Price
$1,505,000
Sold Price
$1,450,000
Premium/Discount to List
-$55,000
-3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,410,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 2009
Sold by
City Of Long Beach
Bought by
Long Beach Housing Development Company

Purchase Details

Closed on
Jun 27, 2003
Sold by
Yip Ruby
Bought by
Yip Ruby L and The Michael & Ruby Yip Family

Purchase Details

Closed on
Aug 21, 2001
Sold by
Yip Michael L and Yip Ruby L
Bought by
Yip Michael L and Yip Ruby L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

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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
Stephenson James $2,053,000 Chicago Title Company
Sabatella Carmine R -- Wfg National Title Co Of Ca
Sabatella Carmine R $1,450,000 Wfg National Title Co Of Ca
Yip Ruby L -- Wfg National Title Co Of Ca
Long Beach Housing Development Company -- Accommodation
Yip Ruby L -- --
Yip Michael L -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephenson James $1,642,400
Previous Owner Sabatella Carmine R $1,410,000
Previous Owner Yip Michael L $200,000
Previous Owner Yip Michael L $145,000
Previous Owner Yip Michael L $100,000
Previous Owner Yip Michael L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $2,053,000 +8.2% $1,057 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $1,898,000 +30.9% $977 / Sq Ft
01/15/2020 01/15/20 Sold $1,450,000 -3.7% $900 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $1,505,000 -- $934 / 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 $26,295 $2,222,231 $1,572,773 $649,458
2024 $26,295 $2,178,659 $1,541,935 $636,724
2023 $25,731 $2,135,941 $1,511,701 $624,240
2022 $25,126 $2,094,060 $1,482,060 $612,000
2021 $24,654 $2,053,000 $1,453,000 $600,000
2020 $2,670 $152,045 $88,279 $63,766
2019 $2,628 $149,065 $86,549 $62,516
2018 $2,490 $146,143 $84,852 $61,291
2016 $2,323 $140,470 $81,558 $58,912
2015 $2,287 $138,361 $80,333 $58,028
2014 $2,273 $135,652 $78,760 $56,892
Source: Public Records

Agents Affiliated with this Home

  • Carmine Sabatella

    Seller's Agent in 2020

    Carmine Sabatella

    The Agency

    (626) 394-9212

    22 in this area

    91 Total Sales

    Carmine Sabatella
    Section Image

  • C

    Seller's Agent in 2020

    Cindy Ho

    HUNTINGTON REALTY GROUP CO.

    (626) 288-0289

    10 Total Sales

    Cindy Ho
    Section Image
  • Ryan Delair

    Seller Co-Listing Agent in 2020

    Ryan Delair

    The Agency

    (213) 361-9894

    19 in this area

    73 Total Sales

    Ryan Delair
    Section Image

  • M

    Buyer's Agent in 2020

    Michelle Chan

    Deasy Penner Podley

    (310) 775-3423

    1 in this area

    26 Total Sales

    Michelle Chan
    Section Image

  • D

    Buyer Co-Listing Agent in 2020

    Derek Luczyski

    Deasy Penner Podley

    (213) 359-1121

    1 in this area

    30 Total Sales

    Derek Luczyski
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-1789

Pasadena-Foothills Association of REALTORS®

APN: 5320-006-022

California Los Angeles County South Pasadena 91030

1525 Marengo Ave, South Pasadena, CA

This home is located at 1525 Marengo Ave, South Pasadena, CA 91030 since 12 October 2020 and is currently estimated at $2,488,087, approximately $1,280 per square foot. This property was built in 1949. 1525 Marengo Ave is a home located in Los Angeles County with nearby schools including Marengo Elementary, South Pasadena Middle School, and South Pasadena High School.

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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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