NOT LISTED FOR SALE

1569 Meridian Ave South Pasadena, CA 91030

Estimated Value: $3,586,000 - $3,937,000

5 Beds
4.5 Baths
4,582 Sq Ft
$809/Sq Ft Est. Value

Last Sold March 26, 2019

Last sale price $2,295,000 $501 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $21,928/month

Highlights

  • In Ground Pool
  • Gated Community
  • Fireplace in Primary Bedroom
  • Monterey Hills Elementary Rated A+
  • View of Trees or Woods
  • Property is near a park

About This Home

As of March 2019

This beautiful Mediterranean executive home is in the prestigious Braewood Estates community. It is located in a private, gated cul-de-sac with only 2 other houses and is in the most desirable South Pasadena School District. Built in 2001, this 4,582 sf home (15,378 sf lot) features 5 spacious bedrooms, 4.5 bathrooms, a stunning entry with cathedral ceiling and a grand staircase as well as a formal dining, family room, upstairs den/office and attached 3-car garage. The home also includes a gourmet kitchen with an island and pantry as well as a breakfast area overlooking the backyard. The master suite has a fireplace and a large bathroom with a spa tub, dual vanities and 2 spacious walk-in closets. The backyard is ideal for entertaining while taking advantage of South Pasadena's nearly year-round sunny climate. It has a trellised area for BBQ's and dining al fresco while also giving you the option to either take a dip in the pool or a soak in the spa. The Braewood Estates is only minutes from Huntington Drive and Fair Oaks Avenue where a variety of retail, restaurants, markets and shops are available to choose from.

Last Agent to Sell the Property

Meg Middleman

Century 21 Masters License #00914188 Listed on: 02/06/2019

Century 21 Masters

Last Buyer's Agent

Giuseppe Napoli

Century 21 Masters License #01279689

Century 21 Masters

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,403

Year Built

  • Built in 2001

Lot Details

  • 0.35 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Block Wall Fence
  • Landscaped
  • Sprinklers Throughout Yard
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned SPR110000*

Parking

  • 3 Car Garage
  • Parking Available
  • Side by Side Parking
  • Two Garage Doors

Property Views

  • Woods
  • Mountain
  • Hills
  • Pool

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,582 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Track Lighting
  • Raised Hearth
  • Gas Fireplace
  • Double Pane Windows
  • Shutters
  • Drapes & Rods
  • Window Screens
  • Double Door Entry
  • French Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Open Floorplan
  • Home Office

Kitchen

  • Open to Family Room
  • Double Convection Oven
  • Gas Oven or Range
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Tile Bathroom Countertop
  • Makeup or Vanity Space
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Gas Heated Pool
  • Pool Tile

Outdoor Features

  • Concrete Porch or Patio
  • Rain Gutters

Location

  • Property is near a park

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 5314016060

Community Details

Overview

  • Braewood Estates Association
  • Ideal Management HOA

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,403

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Inclusions: Water Softener
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Security: Carbon Monoxide Detector(s), Gated Community, Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: SPR110000*
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5314016060
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4582.00
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), High Ceilings, Track Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, French Doors
  • Eating Area: In Family Room, In Living Room
  • Fireplace Features: Family Room, Gas, Gas Starter, Master Bedroom, Raised Hearth
  • Levels: Two
  • Price Per Square Foot: 500.87
  • Room Type: Entry, Family Room, Jack & Jill, Living Room, Master Bedroom, Office, Walk-In Closet
  • Window Features: Double Pane Windows, Drapes, Screens, Shutters
  • Bathroom Features: Jetted Tub, Linen Closet/Storage, Shower In Tub, Tile Counters, Vanity Area
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Hills, Mountain(s), Pool, Trees/Woods
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete, Patio Open
  • Pool Features: Gas Heat, In Ground, Tile
  • Pool Private: No
  • Roof: Tile
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, Side by Side
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Gas Cooking, Gas Cooktop, Ice Maker, Microwave, Range, Refrigerator, Vented Exhaust Fan, Water Line to Refrigerator, Water Softener
  • Heating Type: Central, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Individual Room, Inside
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Name: Braewood Estates
  • Senior Community: No
  • Association Management: Ideal Management

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Lawn, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 15378.00
  • Lot Size Acres: 0.3500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15378.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2019
Closed on
Mar 1, 2019
Sold by
Schmidt Mark A and Schmidt Tomoko
Bought by
Ma Brian Bin Ho and Ma Tamara Bin Chi
Seller's Agent
Meg Middleman
Century 21 Masters
Buyer's Agent
Giuseppe Napoli
Century 21 Masters
List Price
$2,295,000
Sold Price
$2,295,000
Current Estimated Value
$3,705,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,410,169
Avg. Annual Appreciation
7.54%

Purchase Details

Closed on
Dec 20, 2011
Sold by
Schmidt Mark Andrew and Schmidt Tomoko
Bought by
Schmidt Mark A and Schmidt Tomoko

Purchase Details

Closed on
Jul 29, 2008
Sold by
Montorio John and Montorio Lois
Bought by
Schmidt Mark Andrew and Schmidt Tomoko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2001
Sold by
Epac South Pasadena Inc
Bought by
Montorio John and Montorio Lois A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.62%
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
Ma Brian Bin Ho $2,295,000 North American Title
Schmidt Mark A -- None Available
Schmidt Mark Andrew $1,700,000 Orange Coast Title Company
Montorio John $937,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Mark Andrew $1,260,000
Previous Owner Montorio John $700,000
Closed Montorio John $49,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2019 03/26/19 Sold $2,295,000 0.0% $501 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $2,295,000 -- $501 / 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 $30,403 $2,560,111 $1,784,828 $775,283
2024 $30,403 $2,509,914 $1,749,832 $760,082
2023 $29,755 $2,460,701 $1,715,522 $745,179
2022 $29,057 $2,412,453 $1,681,885 $730,568
2021 $28,538 $2,365,151 $1,648,907 $716,244
2019 $3,841 $1,962,485 $1,121,157 $841,328
2018 $23,193 $1,924,006 $1,099,174 $824,832
2016 $21,440 $1,849,296 $1,056,493 $792,803
2015 $21,088 $1,821,519 $1,040,624 $780,895
2014 $20,779 $1,785,839 $1,020,240 $765,599
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819000562

Pasadena-Foothills Association of REALTORS®

APN: 5314-016-060