NOT LISTED FOR SALE

1589 Meridian Ave South Pasadena, CA 91030

Estimated Value: $3,348,288 - $3,705,000

5 Beds
4.5 Baths
4,035 Sq Ft
$859/Sq Ft Est. Value

Last Sold July 26, 2017

Last sale price $2,000,000 $496 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $21,147/month

40 Days on Market

Highlights

  • In Ground Pool
  • Custom Home
  • Fireplace in Primary Bedroom
  • Monterey Hills Elementary Rated A+
  • Open Floorplan
  • Wood Flooring

About This Home

As of July 2017

This beautifully maintained Mediterranean executive home in the gated Braewood Estates community is located at the most desirable South Pasadena School District. It features 5 spacious bedrooms, 4.5 bathrooms, formal dining, family room, upstairs loft/den and attached 3-car garage. The owner of this impeccable property have lovingly spent the last few years updating throughout the whole house. There are 3 fireplaces, dual pane windows, hardwood floors & custom carpets. Newly upgraded large patio surrounded the pool provides excellent opportunity to enjoy the outdoor Southern California lifestyle!

Last Agent to Sell the Property

Jennifer Tang

RE/MAX Premier Properties License #01024718 Listed on: 05/31/2017

Co-Listed By

Yvonne Chien

RE/MAX Premier Properties License #01004032

Last Buyer's Agent

Patrick So

METRO REAL ESTATE License #01012821

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,068

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • 0.31 Acre Lot
  • Land Lease
  • Property is zoned SPR110000*

Parking

  • 3 Car Garage
  • Automatic Gate

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Tile Roof

Interior Spaces

  • 4,035 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Loft
  • Breakfast Area or Nook
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Central Air
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 5314016059

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,068

Year Built

Built in 1992 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Security: Automatic Gate
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: SPR110000*
  • Architectural Style: Custom Built, Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5314016059
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4035.00
  • Interior Amenities: Open Floorplan
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook
  • Fireplace Features: Family Room, Gas, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 495.66
  • Room Type: Family Room, Jack & Jill, Living Room, Loft, Master Bedroom, Walk-In Closet

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio Open
  • Pool Features: In Ground
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Water Source: Private, Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Senior Community: No

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 13415.00
  • Lot Size Acres: 0.3100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13415.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2018
Sold by
Chang Alexander Kunming and Chang Heatehr Sang Jung
Bought by
Chang Alexander Kunming and Chang Heather Sang Jung
Current Estimated Value
$3,467,072

Purchase Details

Listed on
May 31, 2017
Closed on
Jul 19, 2017
Sold by
Yong Richard and Chang Joy L
Bought by
Chang Alexander Kunming and Chang Heather Sang Jung
Seller's Agent
Jennifer Tang
RE/MAX Premier Properties
Buyer's Agent
Patrick So
METRO REAL ESTATE
List Price
$1,998,000
Sold Price
$2,000,000
Premium/Discount to List
$2,000
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$1,000,000
Outstanding Balance
$835,295
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$2,631,777

Purchase Details

Closed on
Jul 17, 2002
Sold by
Yang Chien Chi
Bought by
Yong Richard and Chang Joy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.52%

Purchase Details

Closed on
Dec 11, 1997
Sold by
Braewood Estate Ptnshp
Bought by
Yang Chien Chi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.62%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chang Alexander Kunming -- None Available
Chang Alexander Kunming $2,000,000 Fidelity National Title Co
Yong Richard $826,000 Investors Title
Yang Chien Chi $900,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Alexander Kunming $1,000,000
Previous Owner Yong Richard $390,000
Previous Owner Yong Richard $450,000
Previous Owner Yong Richard $450,000
Previous Owner Yang Chien Chi $4,050,000
Previous Owner Yang Chien Chi $598,000
Previous Owner Yang Chien Chi $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2017 07/26/17 Sold $2,000,000 +0.1% $496 / Sq Ft
07/10/2017 07/10/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $1,998,000 -- $495 / 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 $27,068 $2,275,653 $1,704,807 $570,846
2024 $27,068 $2,231,033 $1,671,380 $559,653
2023 $26,490 $2,187,288 $1,638,608 $548,680
2022 $25,868 $2,144,401 $1,606,479 $537,922
2021 $25,404 $2,102,355 $1,574,980 $527,375
2019 $24,663 $2,040,000 $1,528,266 $511,734
2018 $24,038 $2,000,000 $1,498,300 $501,700
2016 $12,092 $1,010,575 $721,842 $288,733
2015 $11,892 $995,396 $711,000 $284,396
2014 $11,729 $975,899 $697,073 $278,826
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-317004856

Pasadena-Foothills Association of REALTORS®

APN: 5314-016-059