NOT LISTED FOR SALE

181 S Marengo Ave Unit 12 Pasadena, CA 91101

Old Town Pasadena Neighborhood

Estimated Value: $384,649 - $541,000

Studio
1 Bath
310 Sq Ft
0.4 Acres

Last Sold September 16, 2019

Last sale price $260,000 $839 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,549/month

23 Days on Market

Highlights

  • 0.4 Acre Lot
  • Laundry Room
  • East Facing Home
  • Wood Flooring

About This Home

As of September 2019

This studio unit has close proximity to The Paseo Colorado, Metro Gold Line, Whole Foods, Trader Joes and everything else Old Town Pasadena has to offer. The corner unit has an abundance of nature light along with beautifully maintained hardwood floors. The monthly HOA dues include electricity, water, gas, trash and common area maintenance.

Last Agent to Sell the Property

Brian Parsons

Keller Williams Realty License #01712649 Listed on: 08/13/2019

Keller Williams Realty

Co-Listed By

Jayne Parsons

Keller Williams Realty License #00874915

Last Buyer's Agent

Leticia Govea

Compass License #01843761

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1951

Lot Details

  • East Facing Home

Interior Spaces

  • 1 Full Bathroom
  • 310 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Gas Oven or Range
  • Laundry Room

Listing and Financial Details

  • Assessor Parcel Number 5722012027

Community Details

Overview

  • Master Insurance
  • 16 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: PSC
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5722012027
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Living Area: 310.00
  • Stories: 2
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Levels: Two
  • Price Per Square Foot: 838.71

Exterior Features

  • Direction Faces: East

Garage/Parking

  • Parking: No

Utilities

  • Laundry: Yes
  • Appliances: Gas Cooking, Gas Oven, Refrigerator
  • Laundry Features: Community

Condo/Co-op/Association

  • Amenities: Electricity, Gas, Insurance, Pet Rules
  • Association Fee Frequency: Monthly
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17424.00
  • Lot Size Acres: 0.4000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17424.0000 Square Feet
  • Number Of Units In Community: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2019
Closed on
Sep 5, 2019
Sold by
Loumagne Megan
Bought by
Chiu Ian
Seller's Agent
Brian Parsons
Keller Williams Realty
Buyer's Agent
Leticia Govea
Compass
List Price
$225,000
Sold Price
$260,000
Premium/Discount to List
$35,000
15.56%
Current Estimated Value
$437,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,662
Avg. Annual Appreciation
8.53%
Original Mortgage
$230,000
Outstanding Balance
$152,921
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$284,741

Purchase Details

Listed on
Aug 13, 2019
Closed on
Aug 19, 2019
Sold by
Loumagne Steven A and Loumagne Carol Ann
Bought by
Loumagne Megan
Seller's Agent
Brian Parsons
Keller Williams Realty
Buyer's Agent
Leticia Govea
Compass
List Price
$225,000
Sold Price
$260,000
Premium/Discount to List
$35,000
15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$152,921
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$284,741

Purchase Details

Closed on
May 4, 2010
Sold by
Waddell Connie and 181 Marengo Pasadena Trust #02
Bought by
Loumagne Steven A and Loumagne Carol Ann

Purchase Details

Closed on
Feb 24, 2010
Sold by
Woolverton E Pia and E Pia Woolverton Trust
Bought by
Waddell Connie and 181 Marengo Pasadena Trust #0228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 13, 2010
Sold by
Salazar Michael
Bought by
Woolverton E Pia and E Pia Woolverton Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 18, 2005
Sold by
Aranda Stephen and Aranda Victoria
Bought by
Salazar Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
5.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 19, 2002
Sold by
Woolverton E Pia and Woolverton Trust
Bought by
Aranda Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.15%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Chiu Ian $260,000 Lawyers Title
Loumagne Megan -- Lawyers Title
Loumagne Steven A $135,000 Lawyers Title Company
Waddell Connie $105,000 Lawyers Title
Woolverton E Pia -- None Available
Salazar Michael $206,000 --
Aranda Stephen $81,000 Provident
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiu Ian $230,000
Previous Owner Waddell Connie $105,000
Previous Owner Salazar Michael $164,800
Previous Owner Aranda Stephen $77,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2019 09/16/19 Sold $260,000 +15.6% $839 / Sq Ft
08/13/2019 08/13/19 For Sale $225,000 -- $726 / 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 $3,315 $284,343 $185,917 $98,426
2024 $3,315 $278,769 $182,272 $96,497
2023 $3,285 $273,304 $178,699 $94,605
2022 $3,172 $267,946 $175,196 $92,750
2021 $3,047 $262,693 $171,761 $90,932
2020 $2,928 $260,000 $170,000 $90,000
2019 $1,892 $156,208 $46,283 $109,925
2018 $1,911 $153,146 $45,376 $107,770
2016 $1,841 $147,201 $43,615 $103,586
2015 $1,820 $144,991 $42,960 $102,031
2014 $1,790 $142,152 $42,119 $100,033
Source: Public Records

Agents Affiliated with this Home

  • Brian Parsons

    Seller's Agent in 2019

    Brian Parsons

    Keller Williams Realty

    (626) 340-8050

    1 in this area

    125 Total Sales

    Brian Parsons
    Section Image
  • Jayne Parsons

    Seller Co-Listing Agent in 2019

    Jayne Parsons

    Keller Williams Realty

    (626) 233-6428

    1 in this area

    66 Total Sales

    Jayne Parsons
    Section Image

  • L

    Buyer's Agent in 2019

    Leticia Govea

    Compass

    (310) 528-1442

    Leticia Govea
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819003787

Pasadena-Foothills Association of REALTORS®

APN: 5722-012-027

California Los Angeles County Pasadena 91101 Old Town Pasadena

181 S Marengo Ave Unit 12, Pasadena, CA

Not Listed for Sale

Condos

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