NOT LISTED FOR SALE

Estimated Value: $1,169,000 - $1,595,000

5 Beds
2 Baths
2,237 Sq Ft
$621/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $710,000 $317 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $8,134/month

82 Days on Market

About This Home

As of April 2014

Here is a great investment property one unit is 3bed/1bath and 2nd unit is 2bed /1bath . Great area of Pasadena surrounded by expensive homes. Both units have hardwood floors in the living room and dining room, both units have gas burning fireplace, central a/c, nice front and backyard, deck, enclosed patio, 2 car attached garage.

Last Agent to Sell the Property

Gary Davtyan

Oak View Realty License #01494676 Listed on: 03/04/2014

Last Buyer's Agent

Gary Davtyan

Oak View Realty License #01494676 Listed on: 03/04/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 8,076 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage

Home Design

  • 2,237 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 7740
  • Assessor Parcel Number 5743002002

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Trash Expense $1,260
  • Water Sewer Expense $480
  • New Taxes Expense $8,750
  • Gross Income $3,100
  • Net Operating Income $2,340

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 480.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5743002002
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 317.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1260.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8076.00
  • Lot Size Acres: 0.1850

Multi Family

  • Gross Income: 3100.00
  • Gross Scheduled Income: 37200.00
  • Lot Size Area: 8076.0000 Square Feet
  • Net Operating Income: 2340.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 145.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8750.00
  • Tax Lot: 12
  • Tax Tract Number: 7740
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2015
Sold by
Kucera Thomas J
Bought by
Kucera Living Trust
Current Estimated Value
$1,389,444

Purchase Details

Listed on
Mar 4, 2014
Closed on
Apr 25, 2014
Sold by
Keloyan Grachik Henry
Bought by
Kucera Thomas J and Kucera Chandra L
Seller's Agent
Gary Davtyan
Oak View Realty
Buyer's Agent
Gary Davtyan
Oak View Realty
List Price
$749,900
Sold Price
$710,000
Premium/Discount to List
-$39,900
-5.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$525,000
Outstanding Balance
$398,194
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$991,250

Purchase Details

Closed on
Jan 15, 2009
Sold by
Lonergan Sophia
Bought by
Keloyan Grachik Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,500
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2006
Sold by
Willis Douglas R
Bought by
Lonergan Sophia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
7.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 21, 2002
Sold by
Swider Lorraine Jennette
Bought by
Willis Douglas R and Willis Deena D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,200
Interest Rate
5.87%

Purchase Details

Closed on
Feb 1, 2001
Sold by
Wilson Raymond
Bought by
Swider Lorraine Jennette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.98%

Purchase Details

Closed on
Nov 9, 2000
Sold by
Melelian Sahag
Bought by
Wilson Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
7.71%

Purchase Details

Closed on
Jun 17, 1993
Sold by
Melelian Shake
Bought by
Melelian Sahag and Melelian Shahe
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
Kucera Living Trust -- None Available
Kucera Thomas J $710,000 Lawyers Title
Keloyan Grachik Henry $535,000 Orange Coast Title Company
Lonergan Sophia $795,000 Chicago Title Co
Willis Douglas R $364,000 Fidelity National Title Co
Swider Lorraine Jennette $275,000 Fidelity Title
Wilson Raymond $238,000 Chicago Title Co
Melelian Sahag -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kucera Thomas J $525,000
Previous Owner Keloyan Grachik Henry $374,500
Previous Owner Lonergan Sophia $636,000
Previous Owner Willis Douglas R $291,200
Previous Owner Swider Lorraine Jennette $220,000
Previous Owner Wilson Raymond $190,400
Closed Swider Lorraine Jennette $41,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2014 04/30/14 Sold $710,000 -5.3% $317 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $749,900 -- $335 / 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 $10,509 $870,354 $609,251 $261,103
2024 $10,509 $853,289 $597,305 $255,984
2023 $10,248 $836,559 $585,594 $250,965
2022 $9,901 $820,157 $574,112 $246,045
2021 $9,391 $804,076 $562,855 $241,221
2019 $9,046 $780,228 $546,161 $234,067
2018 $9,127 $764,930 $535,452 $229,478
2016 $8,844 $735,228 $514,660 $220,568
2015 $8,750 $724,185 $506,930 $217,255
2014 $6,918 $562,012 $315,147 $246,865
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB14015883

California Regional Multiple Listing Service (CRMLS)

APN: 5743-002-002