NOT LISTED FOR SALE

Estimated Value: $1,078,000 - $1,639,749

4 Beds
4 Baths
2,376 Sq Ft
$566/Sq Ft Est. Value

Last Sold February 25, 2014

Last sale price $820,000 $345 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $8,222/month

8 Days on Market

About This Home

As of February 2014

VERY SPECIAL 4 UNIT PROPERTY IN A FABULOUS LOCATION!! THIS IS A GREAT INVESTMENT OPPORTUNITY FOR A FIRST TIME INVESTOR OR, AN EXPERIENCED BUYER. THESE ARE 4 TERRIFIC UNITS IN NORTHERN PASADENA WITH UNBELIEVABLE UPSIDE AND RENT POTENTIAL. 3 UNITS ARE COMPLETLY REMODELED. TWO 1 BEDROOM UNITS, ONE 2 BEDROOM UNIT AND A STUDIO. PLENTY OF PARKING, ON A LARGE AND SPACIOUS LOT. CLOSE TO ALL SHOPS AND TRANSPORTATION, PARKS ETC. DON'T MISS THIS OUTSTANDING OPPORTUNITY. FULLY OCCUPIED

Last Agent to Sell the Property

Nicola Speranta

Compass License #01274694 Listed on: 11/18/2013

Compass

Co-Listed By

Bruce Dilbeck

Dilbeck Real Estate License #00937191

Last Buyer's Agent

Marion Fairbanks

Coldwell Banker License #01009669

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,681

Year Built

  • Built in 1948

Lot Details

  • 8,115 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • 2,376 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 7740
  • Assessor Parcel Number 5743002009

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $4,080
  • Water Sewer Expense $2,160
  • New Taxes Expense $9,987
  • Gross Income $4,290
  • Net Operating Income $44,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,681

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 626 253 6746
  • Other Phone Number: 626 599 9956
  • Property Attached: Yes
  • Water Sewer Expenses: 2160.00
  • Property Type: Residential Income
  • Parcel Number: 5743002009
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 345.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 4080.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8115.00
  • Lot Size Acres: 0.1860

Multi Family

  • Gross Income: 4290.00
  • Gross Scheduled Income: 51480.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 8115.0000 Square Feet
  • Net Operating Income: 44160.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 7320.00
  • Rent Control: No
  • Total Actual Rent: 4290.00

Tax Info

  • New Taxes Expense: 9987.00
  • Tax Lot: 19
  • Tax Tract Number: 7740
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2013
Closed on
Apr 5, 2014
Sold by
Wall Patrick R and Wall Annabelle B
Bought by
Pasadena Kkap 3 Llc
Seller's Agent
Nicola Speranta
Compass
Buyer's Agent
Marion Fairbanks
Coldwell Banker
List Price
$799,000
Sold Price
$820,000
Premium/Discount to List
$21,000
2.63%
Current Estimated Value
$1,344,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,687
Original Mortgage
$574,000
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 18, 2013
Closed on
Feb 6, 2014
Sold by
Buchok John A and Buchok Kim A
Bought by
Wall Patrick R and Wall Annabelle B
Seller's Agent
Nicola Speranta
Compass
Buyer's Agent
Marion Fairbanks
Coldwell Banker
List Price
$799,000
Sold Price
$820,000
Premium/Discount to List
$21,000
2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$574,000
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2009
Sold by
Buchok Kim A
Bought by
Buchok John A and Buchok Kim A

Purchase Details

Closed on
Aug 11, 2003
Sold by
Buchok John A
Bought by
Buchok Kim A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 4, 2002
Sold by
Jacobs Joseph E and Jacobs Revocable Declaration O
Bought by
Buchok John A and Buchok Kim A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.87%

Purchase Details

Closed on
Jun 11, 1998
Sold by
Jacobs Trust and Patricia D
Bought by
Jacobs Joseph E and Trust B Of Jacobs Revocable De
Source: Public Records

Range of Values:

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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
Pasadena Kkap 3 Llc -- None Available
Wall Patrick R $820,000 Fidelity Sherman Oaks
Buchok John A -- None Available
Buchok Kim A -- Chicago Title Co
Buchok John A $375,000 Chicago Title Co
Jacobs Joseph E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wall Patrick R $574,000
Previous Owner Buchok Kim A $5,800
Previous Owner Buchok Kim A $495,000
Previous Owner Buchok Kim A $71,000
Previous Owner Buchok Kim A $356,250
Previous Owner Buchok John A $300,000
Closed Buchok John A $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2014 02/25/14 Sold $820,000 +2.6% $345 / Sq Ft
11/26/2013 11/26/13 Pending -- -- --
11/18/2013 11/18/13 For Sale $799,000 -- $336 / 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 $12,681 $1,005,197 $600,668 $404,529
2024 $12,681 $985,489 $588,891 $396,598
2023 $12,228 $966,167 $577,345 $388,822
2022 $11,817 $947,224 $566,025 $381,199
2021 $11,126 $928,652 $554,927 $373,725
2019 $10,722 $901,109 $538,468 $362,641
2018 $10,865 $883,441 $527,910 $355,531
2016 $10,497 $849,137 $507,411 $341,726
2015 $10,384 $836,383 $499,790 $336,593
2014 $6,069 $451,907 $280,183 $171,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13233232

California Regional Multiple Listing Service (CRMLS)

APN: 5743-002-009