NOT LISTED FOR SALE

1848 Peterson Ave South Pasadena, CA 91030

Estimated Value: $2,084,780 - $2,829,000

4 Beds
3 Baths
3,144 Sq Ft
$777/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $1,380,000 $439 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $14,430/month

97 Days on Market

Highlights

  • Updated Kitchen
  • Mountain View
  • Bamboo Flooring
  • Monterey Hills Elementary Rated A+
  • Contemporary Architecture
  • 2 Car Attached Garage

About This Home

As of April 2015

MAJOR PRICE REDUCTION!! This dramatic, multi-level, newly remodeled 4 bedroom/3 bathroom home nestled in the Monterey Hills of South Pasadena presents an open floor plan perfect for entertaining and another level which offers a quiet retreat to the privacy of the bedroom wing. The main floor has a gourmet kitchen with new cabinetry, porcelain slate tile flooring, Caesarstone's Quartz counters, stainless steel appliances including a 6 burner DCS stove, dishwasher and refrigerator making it a chef's dream. The spacious living room with new, distressed bamboo flooring, a statuesque fireplace and vaulted ceiling is adjacent to a formal dining room. The glass-panel sliders off the living room lead out to the veranda with two awnings allowing for nice shade in the morning or retracted later in t

Last Agent to Sell the Property

Mary Leonard

Berkshire Hathaway Home Servic License #01337195 Listed on: 01/18/2015

Berkshire Hathaway Home Servic

Last Buyer's Agent

Larry Mangubat

Dilbeck Real Estate License #01387275

Dilbeck Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 6,434 Sq Ft Lot
  • Property is zoned SPR110000*

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 3,144 Sq Ft Home
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Dishwasher

Flooring

  • Bamboo
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Not Applicable 1007242 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5308024001

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Inclusions: Kitchen Appliances
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: SPR110000*
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5308024001
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3144.00
  • Flooring: Bamboo, Carpet
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 438.93
  • Room Type: All Bedrooms Up
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • View: Mountain(s)

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Appliances: Dishwasher, Refrigerator
  • Heating Type: Central
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 6434.00

Multi Family

  • Lease Considered: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2015
Closed on
Apr 6, 2015
Sold by
950 North Highlkand Llc
Bought by
Sedgwick Ricky L and Sedgwick Janet L
Seller's Agent
Mary Leonard
Berkshire Hathaway Home Servic
Buyer's Agent
Larry Mangubat
Dilbeck Real Estate
List Price
$1,380,000
Sold Price
$1,380,000
Current Estimated Value
$2,442,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,062,945
Avg. Annual Appreciation
5.47%
Original Mortgage
$969,500
Outstanding Balance
$785,017
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,657,928

Purchase Details

Listed on
Jan 29, 2014
Closed on
Oct 2, 2014
Sold by
Cheng Elizabeth Y W
Bought by
950 North Highland Llc
Seller's Agent
Katie Yau
Pinnacle Real Estate Group
Buyer's Agent
Mary Leonard
Podley Properties
List Price
$1,050,000
Sold Price
$988,000
Premium/Discount to List
-$62,000
-5.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.67%

Purchase Details

Closed on
Dec 2, 2011
Sold by
Cheng Douglass Bing Kwong and Cheng Elizabeth Y W
Bought by
Cheng Elizabeth Y W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,700
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2010
Sold by
Cheng Elizabeth Y W
Bought by
Cheng Elizabeth Y W and Cheng Stephanie Wai Yin

Purchase Details

Closed on
May 6, 2008
Sold by
Cheng Elizabeth Y W
Bought by
Cheng Elizabeth Y W

Purchase Details

Closed on
Jul 14, 2001
Sold by
Wong Henry L and Wong Kathleen K
Bought by
Cheng Benny K and Cheng Elizabeth Y W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.99%

Purchase Details

Closed on
Feb 3, 1997
Sold by
Wong Henry and Wong Kathleen
Bought by
Wong Henry L and Wong Kathleen K

Purchase Details

Closed on
May 5, 1994
Sold by
State Street Bank & Trust Company
Bought by
Wong Henry L and Wong Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.5%
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
Sedgwick Ricky L $1,380,000 Fidelity National Title Co
950 North Highland Llc $988,000 Fidelity National Title
Cheng Elizabeth Y W -- Servicelink
Cheng Elizabeth Y W -- None Available
Cheng Elizabeth Y W -- None Available
Cheng Benny K $470,000 Chicago Title Co
Wong Henry L -- --
Wong Henry L -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sedgwick Ricky L $969,500
Previous Owner Cheng Elizabeth Y W $325,700
Previous Owner Cheng Benny K $376,000
Previous Owner Wong Henry L $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2015 04/30/15 Sold $1,380,000 0.0% $439 / Sq Ft
04/25/2015 04/25/15 Pending -- -- --
01/18/2015 01/18/15 For Sale $1,380,000 +39.7% $439 / Sq Ft
10/14/2014 10/14/14 Sold $988,000 0.0% $314 / Sq Ft View Prior Sale
09/01/2014 09/01/14 Pending -- -- --
08/08/2014 08/08/14 Price Changed $988,000 -5.9% $314 / Sq Ft
01/29/2014 01/29/14 For Sale $1,050,000 -- $334 / 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 $19,875 $1,658,544 $832,277 $826,267
2024 $19,875 $1,626,024 $815,958 $810,066
2023 $19,449 $1,594,142 $799,959 $794,183
2022 $18,992 $1,562,885 $784,274 $778,611
2021 $18,649 $1,532,242 $768,897 $763,345
2019 $18,100 $1,486,796 $746,092 $740,704
2018 $17,669 $1,457,644 $731,463 $726,181
2016 $16,343 $1,401,044 $703,060 $697,984
2015 $11,801 $988,000 $700,000 $288,000
2014 $7,075 $566,392 $300,309 $266,083
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315000520

Pasadena-Foothills Association of REALTORS®

APN: 5308-024-001