NOT LISTED FOR SALE

159 Marion Ave Pasadena, CA 91106

Playhouse Village Neighborhood

Estimated Value: $1,150,000 - $1,409,000

2 Beds
2 Baths
1,521 Sq Ft
$843/Sq Ft Est. Value

Last Sold February 26, 2019

Last sale price $870,000 $572 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $7,632/month

9 Days on Market

Highlights

  • Laundry Room
  • Garden
  • Landscaped
  • Pasadena High School Rated A

About This Home

As of February 2019

Attention Builders/Developers and Investors! Prime location in Pasadena. 2 houses on a lot! R3 Land and can build 5 units condos or 4 units duplexes! Very close to Pasadena City College & Pasadena Old Town. Great potential!!! Don’t miss the Opportunity!

Last Agent to Sell the Property

Ken Fang

1000 Realty Corporation License #01236393 Listed on: 11/25/2018

Last Buyer's Agent

Ken Fang

1000 Realty Corporation License #01236393 Listed on: 11/25/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 7,501 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Garden

Home Design

  • 1,521 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 4627
  • Assessor Parcel Number 5737003025

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: PSR3
  • Property Type: Residential Income
  • Parcel Number: 5737003025
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 571.99

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Landscaped
  • Lot Size Sq Ft: 7501.00
  • Lot Size Acres: 0.1722

Multi Family

  • Lot Size Area: 7501.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4627
  • Tax Lot: 46
  • Tax Tract Number: 4627

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2018
Closed on
Feb 23, 2019
Sold by
Wu Cecilia S
Bought by
Wu Cecilia A and The Cecilia S Wu Separate Trus
Seller's Agent
Ken Fang
1000 Realty Corporation
Buyer's Agent
Ken Fang
1000 Realty Corporation
List Price
$930,000
Sold Price
$870,000
Premium/Discount to List
-$60,000
-6.45%
Current Estimated Value
$1,282,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,535
Avg. Annual Appreciation
5.84%
Original Mortgage
$260,000
Outstanding Balance
$228,120
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,054,415

Purchase Details

Listed on
Nov 25, 2018
Closed on
Feb 6, 2019
Sold by
161 Marion Llc
Bought by
Wu Cecilia S
Seller's Agent
Ken Fang
1000 Realty Corporation
Buyer's Agent
Ken Fang
1000 Realty Corporation
List Price
$930,000
Sold Price
$870,000
Premium/Discount to List
-$60,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$228,120
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,054,415

Purchase Details

Listed on
Nov 25, 2018
Closed on
Jan 30, 2019
Sold by
Hsu Thomas K
Bought by
Wu Cecilia S
Seller's Agent
Ken Fang
1000 Realty Corporation
Buyer's Agent
Ken Fang
1000 Realty Corporation
List Price
$930,000
Sold Price
$870,000
Premium/Discount to List
-$60,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$228,120
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,054,415

Purchase Details

Closed on
Apr 28, 2016
Sold by
Everwin Investment Inc
Bought by
161 Marion Llc

Purchase Details

Closed on
Jul 30, 2012
Sold by
Zhang Hui Xiu
Bought by
Everwin Investment Inc

Purchase Details

Closed on
Jul 19, 2010
Sold by
Everwin Investment Inc
Bought by
Zhang Hui Xiu

Purchase Details

Closed on
Jan 9, 2009
Sold by
Zhang Hui Xiu
Bought by
Everwin Investment Inc

Purchase Details

Closed on
Aug 12, 2008
Sold by
Davis Patricia L and Patricia L Davis Family Trust
Bought by
Zhang Hui Xiu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wu Cecilia A -- None Available
Wu Cecilia S $870,000 Wfg Natl Title Co Of Ca
Wu Cecilia S -- Wfg Natl Title Co Of Ca
161 Marion Llc $690,000 Title 365
Everwin Investment Inc -- None Available
Zhang Hui Xiu -- None Available
Everwin Investment Inc -- None Available
Zhang Hui Xiu $550,000 Fidelity Van Nuys
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Cecilia S $260,000
Previous Owner Zhang Hui Xiu $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2019 02/26/19 Sold $870,000 -6.5% $572 / Sq Ft
11/25/2018 11/25/18 For Sale $930,000 -- $611 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,947 $970,495 $580,066 $390,429
2024 $10,947 $951,467 $568,693 $382,774
2023 $10,854 $932,812 $557,543 $375,269
2022 $10,478 $914,522 $546,611 $367,911
2021 $10,052 $896,592 $535,894 $360,698
2020 $9,648 $887,400 $530,400 $357,000
2019 $8,219 $732,232 $509,379 $222,853
2018 $8,374 $717,876 $499,392 $218,484
2016 $7,081 $598,298 $467,763 $130,535
2015 $7,004 $589,312 $460,737 $128,575
2014 $6,864 $577,769 $451,712 $126,057
Source: Public Records

Agents Affiliated with this Home

  • Ken Fang

    Seller's Agent in 2019

    Ken Fang

    1000 Realty Corporation

    (626) 215-3198

    4 Total Sales

    Ken Fang
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18279444

California Regional Multiple Listing Service (CRMLS)

APN: 5737-003-025

California Los Angeles County Pasadena 91106 Playhouse Village

159 Marion Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

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