NOT LISTED FOR SALE

Estimated Value: $1,010,000 - $1,310,773

3 Beds
2 Baths
1,337 Sq Ft
$856/Sq Ft Est. Value

Last Sold December 22, 2014

Last sale price $550,000 $411 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $6,634/month

43 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Craftsman Architecture
  • Neighborhood Views
  • Pasadena High School Rated A
  • Living Room with Attached Deck
  • Laundry Room

About This Home

As of December 2014

***THIS IS A MUST SEE LIVE IN ONE AND RENT THE OTHER OR HAVE A NICE PIECE OF RESIDENTIAL INCOME*** PROPERTY SET IN PRIME LOCATION IN NORTH PASADENA THE FRONT UNIT IS A 2 BEDROOM 1 BATH AND THE REAR IS 1 BEDROOM 1 BATH. BOTH CURRENTLY RENTED. THEY ARE NEAR TO OLD TOWN, BUSES STOPS, METRO GOLD LINE TRAIN , CLOSE TO SCHOOLS AND COLLEGES,PCC,CAL-TECH, JPL, ROSE BOWL AND PASEO MALL.

Last Agent to Sell the Property

Emilio Campos

High Ten Partners, Inc. License #01437426 Listed on: 11/12/2014

High Ten Partners, Inc.

Last Buyer's Agent

Cesar Aviles

eXp Realty of California Inc License #00827910

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 9,561 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • Front Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Uncovered Parking

Home Design

  • Craftsman Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,337 Sq Ft Home
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Laminate Flooring
  • Neighborhood Views
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • Jack-and-Jill Bathroom
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 21
  • Tax Tract Number 1346
  • Assessor Parcel Number 5742009004

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Trash Expense $300
  • Water Sewer Expense $150
  • New Taxes Expense $6,338
  • Gross Income $2,350
  • Net Operating Income $28,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 150.00
  • Architectural Style: Craftsman
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 5742009004
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Living Room Deck Attached
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 411.37
  • Room Type: Basement, All Bedrooms Down, Jack & Jill

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 9561.00
  • Lot Size Acres: 0.2190

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2350.00
  • Gross Scheduled Income: 28200.00
  • Lot Size Area: 9561.0000 Square Feet
  • Net Operating Income: 28200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 5400.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6338.00
  • Tax Lot: 21
  • Tax Tract Number: 1346

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2014
Closed on
Nov 14, 2014
Sold by
Jihanian Levon and 2010 Jihanian Family Trust
Bought by
Acosta Marcela
Seller's Agent
Emilio Campos
High Ten Partners, Inc.
Buyer's Agent
Cesar Aviles
eXp Realty of California Inc
List Price
$595,000
Sold Price
$550,000
Premium/Discount to List
-$45,000
-7.56%
Current Estimated Value
$1,143,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$593,943
Avg. Annual Appreciation
6.88%
Original Mortgage
$330,000
Outstanding Balance
$252,791
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$891,152

Purchase Details

Closed on
May 26, 2010
Sold by
Jihanian Vahe
Bought by
Jihanian Vahe and 2010 Jihanian Family Trust

Purchase Details

Closed on
Jul 5, 2009
Sold by
Till Hermine and Jihanian Vahe
Bought by
Jihanian Vahe

Purchase Details

Closed on
Apr 16, 2009
Sold by
Jihanian Sarkis and Estate Of Harout Jihanian
Bought by
Jihanian Sarkis and Jihanian Vahe
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
Acosta Marcela $550,000 North American Title Company
Jihanian Vahe -- None Available
Jihanian Vahe $100,000 None Available
Jihanian Sarkis -- None Available
Jihanian Vahe -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acosta Marcela $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2014 12/22/14 Sold $550,000 -7.6% $411 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $595,000 -- $445 / 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 $7,688 $661,009 $528,810 $132,199
2024 $7,688 $648,049 $518,442 $129,607
2023 $7,622 $635,343 $508,277 $127,066
2022 $7,363 $622,886 $498,311 $124,575
2021 $7,066 $610,674 $488,541 $122,133
2020 $6,790 $604,413 $483,532 $120,881
2019 $6,807 $592,562 $474,051 $118,511
2018 $6,871 $580,944 $464,756 $116,188
2016 $6,648 $558,387 $446,710 $111,677
2015 $6,575 $550,000 $440,000 $110,000
2014 $6,803 $570,973 $456,780 $114,193
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14210089

California Regional Multiple Listing Service (CRMLS)

APN: 5742-009-004