NOT LISTED FOR SALE

186 N Madison Ave Pasadena, CA 91101

Playhouse Village Neighborhood

Estimated Value: $723,000 - $843,000

2 Beds
2 Baths
1,106 Sq Ft
0.89 Acres Lot

Sale Details

Date Sold: March 28, 2025

Last sale price $720,000 $651 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,058 / mo

46 Days on Market

Highlights

  • 0.89 Acre Lot
  • 1 Car Attached Garage
  • Tile Countertops
  • Mediterranean Architecture
  • Bathtub with Shower
  • Living Room

About This Home

As of March 2025

This stunning Mediterranean-style condo, built in 2000 by the Olson Company, is located in the highly desirable Downtown-El Molino/Oak Knoll neighborhood of Pasadena. Part of the exclusive 38-unit Heritage Walk community, this 2-bedroom, 2-bathroom condo offers an abundance of natural light, high ceilings, and double-pane windows. The living room features a private balcony, while the spacious dining area complements the open, airy design. Additional conveniences include in-unit laundry and a one-car attached garage with direct access to the home. Ideally situated for modern living, this property is within walking distance of shops, restaurants, bars, coffee shops, schools, the Gold Line Metro Station, and Old Town Pasadena. Combining Mediterranean charm with unmatched accessibility, this condo provides the perfect balance of comfort and convenience.

Last Agent to Sell the Property

In Sook Lee

Econo Realty Inc License #01268075 Listed on: 01/02/2025

Last Buyer's Agent

Cathy Cheng

CC Royal Realty License #01270713

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2000

Lot Details

  • 0.89

HOA Fees

  • $306 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,106 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Entryway
  • Living Room
  • Living Room Balcony
  • Dining Room

Kitchen

  • Gas Cooktop
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • 1 Common Wall
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 52603
  • Assessor Parcel Number 5723014061
  • $461 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 38 Units
  • Heritage Walk Association, Phone Number (949) 450-0202
  • Action Property Management HOA

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 2000

Lot Details

0.89 Acres

HOA Fees

$306 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: PSC-
  • Architectural Style: Mediterranean
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5723014061
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1106.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Living Room Balcony
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 650.99
  • Room Type: All Bedrooms Up, Entry, Kitchen, Living Room
  • Bathroom Features: Shower In Tub, Double Sinks In Primary Bath, Exhaust Fan(s)
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Trash, Water, Pet Rules, Controlled Access
  • Association Fee: 306.34
  • Association Fee Frequency: Monthly
  • Association Name: Heritage Walk
  • Phone: (949) 450-0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Suburban
  • Association Management: Action Property Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 38975.00
  • Lot Size Acres: 0.8947

Multi Family

  • Lease Considered: No
  • Lot Size Area: 38975.0000 Square Feet
  • Number Of Units In Community: 38
  • Number Of Units Total: 38

Tax Info

  • Tax Census Tract: 4622.02
  • Tax Lot: 1
  • Tax Tract Number: 52603
  • TaxOtherAnnualAssessmentAmount: 461.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2025
Closed on
Feb 20, 2025
Sold by
Han Lee And Se Eun Cho Living Trust and Lee Han Sung
Bought by
Chen Jun Yi
Seller's Agent
In Sook Lee
Econo Realty Inc
Buyer's Agent
Cathy Cheng
CC Royal Realty
List Price
$750,000
Sold Price
$720,000
Premium/Discount to List
-$30,000
-4%
Views
55
Current Estimated Value
$762,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,111
Avg. Annual Appreciation
5.21%
Original Mortgage
$540,000
Outstanding Balance
$536,293
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$225,818

Purchase Details

Closed on
Nov 8, 2021
Sold by
Lee Han Sung and Cho Se Eun
Bought by
Lee Han Sung and Cho Sc Eun

Purchase Details

Listed on
Jun 7, 2018
Closed on
May 25, 2018
Sold by
Yang Lili
Bought by
Lee Han Sung and Cho Se Eun
Seller's Agent
Jerry Sun
RE/MAX Premier Properties
Buyer's Agent
Amy Engler
Douglas Elliman of California, Inc.
List Price
$628,000
Sold Price
$651,000
Premium/Discount to List
$23,000
3.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%
Original Mortgage
$585,900
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2014
Sold by
Saugstad Vicki M and The Saugstad Trust
Bought by
Yang Lili

Purchase Details

Closed on
Dec 22, 2012
Sold by
Saugstad Vicki M
Bought by
Saugstad Vicki M and The Staugstad Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2012
Sold by
Saugstad Vicki M and The Saugstad Trust
Bought by
Saugstad Vicki M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2011
Sold by
Saugstad Vicki M
Bought by
Saugstad Vicki M and The Saugstad Trust

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
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2011
Sold by
Saugstad Vicki M
Bought by
Saugstad Vicki M and The Saugstad Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,200
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2010
Sold by
Deldotto Tina and Vicki Saugstad & Tina Del Dott
Bought by
Saugstad Vicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2010
Sold by
Saugstad Vicki
Bought by
Saugstad Vicki M and Vicki Saugstad Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2009
Sold by
Saugstad Vicki and The Vicki Saugstad & Tina Del
Bought by
Saugstad Vicki M and The Vicki Saugstad Trust

Purchase Details

Closed on
Jan 13, 2009
Sold by
Saugstad Vicki and Saugstad Del Dotto
Bought by
Saugstad Vicki and Saugstad Del Dotto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
5.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2006
Sold by
Saugstad Vicki M and Saugstad Del Dotto
Bought by
Saugstad Vicki and Saugstad Del Dotto

Purchase Details

Closed on
Oct 29, 2003
Sold by
Limon Daniel
Bought by
Zasadil Christy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2003
Sold by
Zasadil Christy A
Bought by
Saugstad Vicki M and Deldotto Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2001
Sold by
Encanto Walk Llc
Bought by
Zasadil Christy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.09%
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
Chen Jun Yi $720,000 Ticor Title Company
Lee Han Sung -- None Available
Lee Han Sung $651,000 Chicago Title Company
Yang Lili $520,000 Lawyers Title
Saugstad Vicki M -- None Available
Saugstad Vicki M -- None Available
Saugstad Vicki M -- Chicago Title Company
Saugstad Vicki M -- Accommodation
Saugstad Vicki M -- Chicago Title Company
Saugstad Vicki M -- Chicago Title Company
Saugstad Vicki M -- Chicago Title Company
Saugstad Vicki -- Chicago Title Company
Saugstad Vicki M -- None Available
Saugstad Vicki M -- None Available
Saugstad Vicki -- Fidelity Van Nuys
Saugstad Vicki -- Fidelity Van Nuys
Saugstad Vicki -- None Available
Zasadil Christy A -- Southland Title Corporation
Saugstad Vicki M $385,000 Southland Title Corporation
Zasadil Christy A $253,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jun Yi $540,000
Previous Owner Lee Han Sung $585,900
Previous Owner Saugstad Vicki M $258,000
Previous Owner Saugstad Vicki M $259,000
Previous Owner Saugstad Vicki M $260,000
Previous Owner Saugstad Vicki M $261,200
Previous Owner Saugstad Vicki $264,000
Previous Owner Saugstad Vicki $269,000
Previous Owner Saugstad Vicki M $288,750
Previous Owner Zasadil Christy A $190,000
Closed Zasadil Christy A $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2025 03/28/25 Sold $720,000 0.0% $651 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
02/10/2025 02/10/25 Price Changed $720,000 -4.0% $651 / Sq Ft
01/21/2025 01/21/25 For Sale $750,000 +4.2% $678 / Sq Ft
01/13/2025 01/13/25 Off Market $720,000 -- --
01/02/2025 01/02/25 For Sale $750,000 +15.2% $678 / Sq Ft
07/18/2018 07/18/18 Sold $651,000 +3.7% $589 / Sq Ft View Prior Sale
06/13/2018 06/13/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $628,000 0.0% $568 / Sq Ft
07/01/2013 07/01/13 Rented $2,300 0.0% --
06/03/2013 06/03/13 Under Contract -- -- --
06/03/2013 06/03/13 For Rent $2,300 -- --
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 $8,194 $726,200 $533,106 $193,094
2024 $8,194 $711,961 $522,653 $189,308
2023 $8,115 $698,002 $512,405 $185,597
2022 $7,828 $684,316 $502,358 $181,958
2021 $7,504 $670,899 $492,508 $178,391
2020 $7,167 $664,020 $487,458 $176,562
2019 $7,185 $651,000 $477,900 $173,100
2018 $6,555 $560,228 $380,417 $179,811
2016 $6,348 $538,476 $365,646 $172,830
2015 $6,316 $530,388 $360,154 $170,234
2014 $5,162 $428,592 $290,156 $138,436
Source: Public Records

Agents Affiliated with this Home

  • In Sook Lee

    Seller's Agent in 2025

    In Sook Lee

    Econo Realty Inc

    (714) 461-1354

    1 in this area

    24 Total Sales

    In Sook Lee
    Section Image
  • Cathy Cheng

    Buyer's Agent in 2025

    Cathy Cheng

    CC Royal Realty

    (626) 222-3050

    1 in this area

    202 Total Sales

    Cathy Cheng
    Section Image
  • Jerry Sun

    Seller's Agent in 2018

    Jerry Sun

    RE/MAX

    (626) 589-0997

    5 in this area

    144 Total Sales

    Jerry Sun
    Section Image
  • Amy Engler

    Buyer's Agent in 2018

    Amy Engler

    Douglas Elliman of California, Inc.

    (323) 481-8782

    8 in this area

    64 Total Sales

    Amy Engler
    Section Image

  • B

    Seller's Agent in 2013

    Brettany Peralez

    Coldwell Banker Realty

  • B

    Seller Co-Listing Agent in 2013

    Brian Peralez

    Coldwell Banker Realty

    (626) 862-6489

    5 Total Sales

    Brian Peralez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24249807

California Regional Multiple Listing Service (CRMLS)

APN: 5723-014-061

California Los Angeles County Pasadena 91101 Playhouse Village

186 N Madison Ave, Pasadena, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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