NOT LISTED FOR SALE

Estimated Value: $1,093,000 - $1,522,632

5 Beds
4 Baths
-- Sq Ft
7,946 Sq Ft Lot

Last Sold April 25, 2014

Last sale price $791,000

Est. 73% increase in value since last sale

Current estimated payment $8,201/month

169 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Pasadena High School Rated A
  • Gas Fireplace

About This Home

As of April 2014

This is a fantastic opportunity to own a 3 unit property in an excellent location in North East Pasadena. Close to PCC, Old Town, Eaton Canyon and shopping/dining. This truly exceptional find is ideal for an owner user who wants to live in one and rent the others or a savvy investor who wants to maximize the return on all of the units in this high demand rental market. The front home offers a large floor plan with 3 bedrooms and 2 baths. The home has been extensively upgraded throughout including granite counter tops, new fixtures and cabinets in the kitchen and completely updated bathrooms. Stained hardwood floors and arched entry ways show the style and decor of the period but new windows and HVAC system give modern efficiencies and comfort to this complete home. The rear units are each 1 bed 1 bath and have been home to long term tenants. 3 carport spaces and a long driveway offer plenty of off street parking

Last Agent to Sell the Property

Matthew Helganz

Meridian Capital Realty License #01435250 Listed on: 11/06/2013

Last Buyer's Agent

Maria Cacarnakis

Berkshire Hathaway HomeServices California Properties License #00918084

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 7,946 Sq Ft Lot

Home Design

  • Property Attached

Interior Spaces

  • Gas Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 5742006032

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable
  • Zoning: LCR3YY
  • Property Type: Residential Income
  • Parcel Number: 5742006032
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Fireplace Features: Gas, Living Room
  • Levels: One

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7946.00
  • Lot Size Acres: 0.1824

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Lot Size Area: 7946.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2016
Sold by
Giordani Maia
Bought by
Giordani Maia Rae and Maia Giordani Trust
Current Estimated Value
$1,365,908

Purchase Details

Closed on
Mar 8, 2016
Sold by
Giordani Maia and Girodani Maia R
Bought by
Giordani Maia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Outstanding Balance
$387,677
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$978,231

Purchase Details

Listed on
Nov 6, 2013
Closed on
Apr 16, 2014
Sold by
Jo Diana S and Granath Gideon
Bought by
Giordani Maia R
Seller's Agent
Matthew Helganz
Meridian Capital Realty
Buyer's Agent
Maria Cacarnakis
Berkshire Hathaway HomeServices California Properties
List Price
$819,888
Sold Price
$791,000
Premium/Discount to List
-$28,888
-3.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%
Original Mortgage
$506,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2013
Closed on
Apr 8, 2014
Sold by
Giordani Patrick
Bought by
Giordani Maia R
Seller's Agent
Matthew Helganz
Meridian Capital Realty
Buyer's Agent
Maria Cacarnakis
Berkshire Hathaway HomeServices California Properties
List Price
$819,888
Sold Price
$791,000
Premium/Discount to List
-$28,888
-3.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2013
Sold by
Hidalgo Renato E
Bought by
Jo Diana S and Granath Gideon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$657,305
Interest Rate
3.37%
Mortgage Type
FHA
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
Giordani Maia Rae -- None Available
Giordani Maia -- First American Title Company
Giordani Maia R $791,000 First American Title Company
Giordani Maia R -- First American Title Company
Jo Diana S $680,000 Pacific Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giordani Maia $490,000
Closed Giordani Maia R $506,000
Previous Owner Jo Diana S $657,305
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2014 04/25/14 Sold $791,000 -3.5% --
04/24/2014 04/24/14 Pending -- -- --
11/06/2013 11/06/13 For Sale $819,888 -- --
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 $12,535 $969,648 $679,124 $290,524
2024 $11,966 $950,636 $665,808 $284,828
2023 $11,607 $931,997 $652,753 $279,244
2022 $11,215 $913,723 $639,954 $273,769
2021 $10,601 $895,807 $627,406 $268,401
2020 $10,195 $887,122 $620,973 $266,149
2019 $10,214 $869,739 $608,798 $260,941
2018 $10,319 $852,696 $596,861 $255,835
2016 $10,001 $819,106 $573,685 $245,421
2015 $9,894 $806,803 $565,068 $241,735
2014 $8,495 $683,086 $444,006 $239,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-213003212

Pasadena-Foothills Association of REALTORS®

APN: 5742-006-032