Seller's Agent in 2022
Matt Littell
COMPASS
(626) 755-4428
1 in this area
21 Total Sales
1550 N Lake Ave Pasadena, CA 91104
Historic Highlands NeighborhoodEstimated Value: $1,870,000 - $2,168,362
3
Beds
176
Baths
3,022
Sq Ft
$667/Sq Ft
Est. Value
Highlights
- Spanish Architecture
- Cooling Available
- 3 Car Garage
- Pasadena High School Rated A
- Laundry Room
- West Facing Home
About This Home
As of October 2022Stately 1924 Mediterranean Triplex perfectly sited on an oversized 11,897 square foot lot. This delightfully remodeled complex features a two bed, two bath upstairs unit with central AC, private laundry, hardwood floors and its own entrance and patio. Downstairs offers a one bed, one bath unit with private laundry and also a studio with its own laundry. One garage space for each unit and a additional storage area for owner's use or as a rental storage unit. Close to shopping, dining and mass transit, this beautiful property elegantly displays a deep setback from the street and immense curb appeal. Enjoying the current North Lake Street renaissance, this incredibly well restored and preserved showplace should continue to benefit from the area's transformation as Pasadena strives to recreate the success it has had with its South Lake redevelopment.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,029
Year Built
- Built in 1924
Lot Details
- 0.27 Acre Lot
- No Common Walls
- West Facing Home
Parking
- 3 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Spanish Architecture
- Mediterranean Architecture
Bedrooms and Bathrooms
- 3 Bedrooms
- 176 Bathrooms
Laundry
- Laundry Room
Utilities
- Cooling Available
- Heating Available
Community Details
- 2 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $3,000
- Insurance Expense $3,702
- Operating Expense $21,552
- Net Operating Income $57,828
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 5848033006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2022
Closed on
Sep 1, 2022
Sold by
Ganesha Studios Llc
Bought by
Sanchez Gregorio V and Prescott Carter J
Seller's Agent
Matt Littell
COMPASS
Buyer's Agent
Augusta Sanborn
Sotheby's International Realty
List Price
$1,899,000
Sold Price
$1,800,000
Premium/Discount to List
-$99,000
-5.21%
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
$184,388
Avg. Annual Appreciation
4.05%
Original Mortgage
$1,218,750
Outstanding Balance
$1,170,215
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$844,876
Purchase Details
Closed on
Nov 12, 2018
Sold by
Chiara Rene G and Chiara Charles A
Bought by
Ganesha Studios Llc
Purchase Details
Listed on
Sep 8, 2016
Closed on
Oct 7, 2016
Sold by
Griffin Barry D and Griffin Family Living Trust
Bought by
Chiara Rene G and Chiara Charles A
Seller's Agent
Linda Medley
Seven Gables Real Estate
Buyer's Agent
Matthew Littell
Podley Properties
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Purchase Details
Closed on
Jul 28, 2010
Sold by
Griffin Barry D and Griffin Family Living Trust
Bought by
Griffin Barry D and Griffin Family Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 10, 2008
Sold by
Griffin Barry D and Griffin Barry
Bought by
Griffin Barry D and The Griffin Family Living Trus
Purchase Details
Closed on
Dec 14, 2005
Sold by
Griffin Dominic and Griffin Barry D
Bought by
Griffin Barry and Griffin Dominic
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 27, 2003
Sold by
Griffin Barry D
Bought by
Griffin Dominic and Griffin Barry D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.78%
Purchase Details
Closed on
May 6, 1999
Sold by
Griffin Dominic
Bought by
Griffin Barry D
Purchase Details
Closed on
Jan 12, 1999
Sold by
Callon John A and Callon Laura S
Bought by
Griffin Dominic
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.73%
Purchase Details
Closed on
Jun 20, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Callon John A and Callon Laura S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,100
Interest Rate
8%
Purchase Details
Closed on
Apr 11, 1997
Sold by
Shirbacheh Manoucher and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sanchez Gregorio V | $1,800,000 | Chicago Title | |
| Ganesha Studios Llc | -- | Chicago Title Company | |
| Chiara Rene G | $1,100,000 | Chicago Title Company | |
| Griffin Barry D | -- | Lawyers Title | |
| Griffin Dominic | -- | Lawyers Title | |
| Griffin Barry D | -- | None Available | |
| Griffin Barry | -- | Southland Title Corporation | |
| Griffin Dominic | -- | Landamerica Lawyers Title | |
| Griffin Barry D | -- | -- | |
| Griffin Dominic | $260,000 | First American Title Co | |
| Callon John A | $183,000 | First American Title Co | |
| Federal Home Loan Mortgage Corporation | $203,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sanchez Gregorio V | $1,218,750 | |
| Previous Owner | Griffin Barry D | $350,000 | |
| Previous Owner | Griffin Barry | $317,000 | |
| Previous Owner | Griffin Dominic | $100,000 | |
| Previous Owner | Griffin Dominic | $235,000 | |
| Previous Owner | Griffin Dominic | $234,000 | |
| Previous Owner | Callon John A | $146,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2022 10/06/22 | Sold | $1,800,000 | -5.2% | $596 / Sq Ft |
| 08/30/2022 08/30/22 | Pending | -- | -- | -- |
| 08/27/2022 08/27/22 | For Sale | $1,899,000 | +72.6% | $628 / Sq Ft |
| 10/24/2016 10/24/16 | Sold | $1,100,000 | -8.3% | $364 / Sq Ft |
| 09/08/2016 09/08/16 | For Sale | $1,200,000 | -- | $397 / 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 | $21,029 | $1,872,720 | $1,144,440 | $728,280 |
| 2024 | $21,029 | $1,836,000 | $1,122,000 | $714,000 |
| 2023 | $20,852 | $1,800,000 | $1,100,000 | $700,000 |
| 2022 | $14,006 | $1,203,009 | $721,806 | $481,203 |
| 2021 | $13,430 | $1,179,421 | $707,653 | $471,768 |
| 2019 | $12,930 | $1,144,440 | $686,664 | $457,776 |
| 2018 | $13,198 | $1,122,000 | $673,200 | $448,800 |
| 2017 | $13,051 | $1,100,000 | $660,000 | $440,000 |
| 2016 | $7,065 | $568,222 | $507,087 | $61,135 |
| 2015 | $6,987 | $559,688 | $499,471 | $60,217 |
| 2014 | $6,863 | $548,726 | $489,688 | $59,038 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Augusta Sanborn
Sotheby's International Realty
(626) 252-5711
1 in this area
49 Total Sales
-
L
Seller's Agent in 2016
Linda Medley
Seven Gables Real Estate
(626) 355-2384
32 Total Sales
-
M
Buyer's Agent in 2016
Matthew Littell
Podley Properties
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-11040
APN: 5848-033-006
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