NOT LISTED FOR SALE

Estimated Value: $847,000 - $1,211,000

3 Beds
2 Baths
1,542 Sq Ft
$668/Sq Ft Est. Value

Last Sold September 13, 2013

Last sale price $598,000 $388 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,487/month

4 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Pasadena High School Rated A
  • Living Room
  • Bungalow

About This Home

As of September 2013

Great opportunity to own 2 detached vintage bungalow homes in a great area of Pasadena. Walking distance to shopping and transportation, P.C.C, and Cal Tech. The front house is 2 bedroom and 1 bath and the rear house has 1 bedrooms 1 bath and a large yard. There is a 2 car detached garage that the owner uses for their personal storage. Excellent potential for development!

Last Agent to Sell the Property

Gary Lorenzini

Coldwell Banker Realty License #00552465 Listed on: 08/09/2013

Coldwell Banker Realty

Last Buyer's Agent

Cesar Carrillo

Coldwell Banker Realty License #01272108

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,579

Year Built

  • Built in 1908

Lot Details

  • 8,594 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Wood Fence
  • Block Wall Fence
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Bungalow
  • Cosmetic Repairs Needed
  • Stone Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,542 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room

Kitchen

  • Gas Cooktop
  • Free-Standing Range
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Wall Furnace
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 12
  • Assessor Parcel Number 5736026015

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,020
  • Maintenance Expense $2,000
  • Water Sewer Expense $1,800
  • New Taxes Expense $7,475
  • Gross Income $2,650
  • Net Operating Income $18,605

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,579

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1800.00
  • Architectural Style: Bungalow
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 5736026015
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Laminate Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 387.81
  • Room Type: Living Room

Exterior Features

  • Direction Faces: East
  • Foundation: Stone
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Disposal, Gas Cooktop, Gas Water Heater
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Common Area, Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Back Yard, 2-5 Units/Acre, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 8594.00
  • Lot Size Acres: 0.1970

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 2650.00
  • Gross Scheduled Income: 31800.00
  • Insurance Expense: 1020.00
  • Lot Size Area: 8594.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 18605.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Operating Expense: 13195.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7475.00
  • Tax Lot: 12
  • Tax Year: 2012

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2013 09/13/13 Sold $598,000 0.0% $388 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $598,000 -- $388 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,579 $758,007 $414,326 $343,681
2024 $8,579 $743,145 $406,202 $336,943
2023 $8,477 $728,575 $398,238 $330,337
2022 $8,184 $714,290 $390,430 $323,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13160172

California Regional Multiple Listing Service (CRMLS)

APN: 5736-026-044