NOT LISTED FOR SALE

Estimated Value: $1,661,876

3 Beds
2 Baths
2,988 Sq Ft
$556/Sq Ft Est. Value

Sale Details

Date Sold: August 28, 2019

Last sale price $1,400,000 $469 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $10,386 / mo

19 Days on Market

Highlights

  • Golf Course Community
  • Park
  • Foothills
  • Hiking Trails
  • Horse Trails
  • Rectangular Lot

About This Home

As of August 2019

Lee & Associates - Pasadena, as exclusive listing agent, is pleased to present the opportunity to acquire the 100% fee simple interest located at 186 N. Oak Knoll Avenue in Pasadena, CA. The subject property is a 4-unit multi-family residence located in the Pasadena Central District (CD-3) Zone and in the Pasadena Playhouse District.

Last Agent to Sell the Property

Chris Johnson

LEE & ASSOC COMM R E SERV/PAS License #01934154 Listed on: 07/12/2019

LEE & ASSOC COMM R E  SERV/PAS

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,503 Sq Ft Lot
  • No Common Walls
  • Rural Setting
  • Rectangular Lot

Parking

  • 4 Car Garage

Home Design

  • 2,988 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Rain Gutters

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 5723012003

Community Details

Overview

  • 4 Units
  • Foothills
  • Mountainous Community
  • Property is near a ravine
  • Valley

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $49
  • Insurance Expense $1,091
  • Trash Expense $537
  • Water Sewer Expense $2,679
  • New Taxes Expense $20,625
  • Operating Expense $30,828
  • Gross Income $94,633
  • Net Operating Income $63,806

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

6,503 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2679.00
  • Zoning: PSC-
  • Property Type: Residential Income
  • Parcel Number: 5723012003
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 468.54

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 537.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Foothills, Golf, Hiking, Gutters, Horse Trails, Park, Mountainous, Ravine, Rural, Sidewalks, Storm Drains, Suburban, Urban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6503.00
  • Lot Size Acres: 0.1493

Multi Family

  • Electric Expense: 49.00
  • Gross Income: 94633.00
  • Gross Scheduled Income: 97560.00
  • Insurance Expense: 1091.00
  • Lot Size Area: 6503.0000 Square Feet
  • Net Operating Income: 63806.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 30828.00
  • Rent Control: No
  • Total Expenses: 30828.00

Tax Info

  • New Taxes Expense: 20625.00
  • Tax Census Tract: 4622.02
  • Tax Lot: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2024
Sold by
Bought by
Current Estimated Value
$1,661,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Outstanding Balance
$2,156,924
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
-$495,048

Purchase Details

Listed on
Jul 12, 2019
Closed on
Jul 31, 2019
Sold by
Bought by
Seller's Agent
Chris Johnson
LEE & ASSOC COMM R E SERV/PAS
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$1,650,000
Sold Price
$1,400,000
Premium/Discount to List
-$250,000
-15.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.51%

Purchase Details

Closed on
Apr 9, 2019
Sold by
Bought by

Purchase Details

Closed on
Mar 13, 2019
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Stewart Title Of California In
$1,400,000 Chicago Title Company
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,200,000
Previous Owner $2,340,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/28/2019 08/28/19 Sold $1,400,000 -15.2% $469 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $1,650,000 -- $552 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $18,787 $1,531,101 $1,071,772 $459,329
2024 $17,885 $1,501,080 $1,050,757 $450,323
2023 $17,715 $1,471,648 $1,030,154 $441,494
2022 $17,098 $1,442,793 $1,009,955 $432,838
2021 $16,396 $1,414,503 $990,152 $424,351
2020 $15,658 $1,400,000 $980,000 $420,000
2019 $3,294 $197,929 $68,002 $129,927
2018 $3,221 $194,049 $66,669 $127,380
2016 $3,080 $186,516 $64,081 $122,435
2015 $3,316 $183,715 $63,119 $120,596
2014 $3,292 $180,117 $61,883 $118,234
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19162086

California Regional Multiple Listing Service (CRMLS)

APN: 5723-012-003

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