S
Seller's Agent in 2016
Sonny Tan
Pinnacle Real Estate Group
(626) 584-6300
51 Total Sales
1645 N Lake Ave Pasadena, CA 91104
Normandie Heights NeighborhoodEstimated Value: $1,590,000 - $2,784,000
8
Beds
5
Baths
3,891
Sq Ft
$603/Sq Ft
Est. Value
Highlights
- 0.47 Acre Lot
- Forced Air Heating and Cooling System
- Wood Siding
About This Home
As of August 2016Great opportunity for investors or developers! Large lot area of 20,383 SF (81' X 250') in a nice Pasadena neighborhood, zoned for RM-16. The property currently has four fully occupied units (1 unit of 4 Br/2Ba, 1 unit of 2 Br/1Ba, 1 unit of 1Br/1Ba and a studio). All units are in good conditions with new exterior paints, remodeled kitchens w/granite counters, remodeled bathrooms, newer windows, newer central a/c units and newer water heaters. The units have open parking spaces.
Last Agent to Sell the Property
Pinnacle Real Estate Group License #01201341 Listed on: 03/01/2016
Last Buyer's Agent
JUIFANG CHEN
Angels Realty Corp License #01801736
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1908
Lot Details
- 0.47 Acre Lot
- 1 Common Wall
Parking
- 1 Car Garage
- Parking Available
- Assigned Parking
Home Design
- 3,891 Sq Ft Home
- Property Attached
- Wood Siding
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 45
- Tax Tract Number 4615
- Assessor Parcel Number 5848011005
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $100
- Gardener Expense $1,200
- Insurance Expense $3,016
- Maintenance Expense $1,336
- Pest Control $600
- Trash Expense $1,496
- Water Sewer Expense $1,282
- New Taxes Expense $14,525
- Gross Income $5,520
- Net Operating Income $42,456
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 11, 2017
Sold by
Diamond Heights Llc
Bought by
Jesf Llc
Current Estimated Value
Purchase Details
Listed on
Mar 1, 2016
Closed on
Jul 25, 2016
Sold by
Seven Central Llc
Bought by
Diamond Heights Llc and Jesf Llc
Seller's Agent
Sonny Tan
Pinnacle Real Estate Group
Buyer's Agent
JUIFANG CHEN
Angels Realty Corp
List Price
$1,499,900
Sold Price
$1,499,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$530,000
Interest Rate
3.48%
Mortgage Type
Commercial
Purchase Details
Listed on
Jan 11, 2013
Closed on
Aug 21, 2013
Sold by
Hsu Andy and Chen Pei Wen
Bought by
Seven Central Llc
Seller's Agent
Steven Hsu
Win-Max Realty Co
Buyer's Agent
Steven Hsu
Win-Max Realty Co
List Price
$1,190,000
Sold Price
$1,190,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Purchase Details
Closed on
May 10, 2007
Sold by
Chen Pei Wen
Bought by
Hsu Andy and Chen Pei Wen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 29, 2007
Sold by
Hsu Andy C H
Bought by
Chen Pei Wen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 15, 2007
Sold by
Lake Villas Inc
Bought by
Chen Pei Wen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 13, 2004
Sold by
Ortiz Evaristo and Ortiz Alicia
Bought by
Lake Villas Inc
Purchase Details
Closed on
May 7, 2003
Sold by
Lockhart Derricke
Bought by
Ortiz Evaristo and Ortiz Alicia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 12, 1999
Sold by
Lockhart Theodore H and Lockhart Mary F
Bought by
Lockhart Derricke
Purchase Details
Closed on
Jul 23, 1998
Sold by
Lockhart Theodore H and Lockhart Mary F
Bought by
Lockhart Theodore H and Lockhart Mary F
Purchase Details
Closed on
May 19, 1993
Sold by
Lockhart Theodore H and Lockhart Mary F
Bought by
Lockhart Derricke
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jesf Llc | -- | None Available | |
| Diamond Heights Llc | $1,500,000 | Provident Title Company | |
| Seven Central Llc | $1,170,000 | Ticor Title | |
| Hsu Andy | -- | None Available | |
| Chen Pei Wen | -- | None Available | |
| Chen Pei Wen | $950,000 | Fidelity National Title Co | |
| Lake Villas Inc | -- | -- | |
| Ortiz Evaristo | $617,500 | Ticor Title Co | |
| Lockhart Derricke | -- | -- | |
| Lockhart Theodore H | -- | -- | |
| Lockhart Derricke | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Diamond Heights Llc | $530,000 | |
| Previous Owner | Chen Pei Wen | $710,000 | |
| Previous Owner | Ortiz Evaristo | $494,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/09/2016 08/09/16 | Sold | $1,499,900 | 0.0% | $385 / Sq Ft | |
| 06/17/2016 06/17/16 | Pending | -- | -- | -- | |
| 03/01/2016 03/01/16 | For Sale | $1,499,900 | +26.0% | $385 / Sq Ft | |
| 08/23/2013 08/23/13 | Sold | $1,190,000 | 0.0% | $306 / Sq Ft | View Prior Sale |
| 08/10/2013 08/10/13 | Pending | -- | -- | -- | |
| 01/11/2013 01/11/13 | For Sale | $1,190,000 | -- | $306 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $20,439 | $1,740,874 | $1,276,642 | $464,232 |
| 2024 | $20,439 | $1,706,740 | $1,251,610 | $455,130 |
| 2023 | $19,933 | $1,673,275 | $1,227,069 | $446,206 |
| 2022 | $19,250 | $1,640,466 | $1,203,009 | $437,457 |
| 2021 | $18,463 | $1,608,301 | $1,179,421 | $428,880 |
| 2020 | $17,737 | $1,591,811 | $1,167,328 | $424,483 |
| 2019 | $17,783 | $1,560,600 | $1,144,440 | $416,160 |
| 2018 | $18,067 | $1,530,000 | $1,122,000 | $408,000 |
| 2016 | $14,830 | $1,232,285 | $931,981 | $300,304 |
| 2015 | $14,667 | $1,213,776 | $917,982 | $295,794 |
| 2014 | -- | $1,190,000 | $900,000 | $290,000 |
Source: Public Records
Agents Affiliated with this Home
-
Sonny Tan
-
J
Buyer's Agent in 2016
JUIFANG CHEN
Angels Realty Corp
-
Steven Hsu
S
Seller's Agent in 2013
Steven Hsu
Win-Max Realty Co
(562) 896-8777
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR16043838
APN: 5848-011-005
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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