NOT LISTED FOR SALE

23 Grace Terrace Pasadena, CA 91105

Madison Heights Neighborhood

Estimated Value: $1,149,000 - $1,415,301

3 Beds
3 Baths
1,434 Sq Ft
$903/Sq Ft Est. Value

Last Sold September 15, 2015

Last sale price $820,000 $572 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,690/month

Highlights

  • Mountain View
  • Cottage
  • Forced Air Heating and Cooling System
  • Wood Flooring

About This Home

As of September 2015

Rare triplex in charming hillside area adjacent to historic Grace Mansion and the water tower house. Treetop and mountain views. Freshly painted exterior. Large patio and yard on lower level. Two car garage on lower street and one parking space on upper level. Garage and lower unit can be seen from Alarcon Place. Hardwood floors, some carpeted. Forced air and central air conditioning. Stoves and refrigerators included. Do not go onto property.

Last Agent to Sell the Property

mark ogden

Sotheby's International Realty License #00609984 Listed on: 08/19/2015

Sotheby's International Realty

Last Buyer's Agent

R. Scott McCulley

Leonard Dinolfo, Broker License #01737044

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,211

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Cottage
  • Property Attached
  • Composition Roof

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Mountain Views
  • 5,211 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5719017015

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 1924

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable
  • View: Yes
  • Zoning: PSR6
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 5719017015
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Wood
  • Levels: Two

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Heating Type: Forced Air
  • Water Source: Other
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5211.00
  • Lot Size Acres: 0.1196

Multi Family

  • Lot Size Area: 5211.0000 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
  • Number With Disposal: 3
  • Number With Range: 3
  • Number With Refrigerator: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2015
Closed on
Aug 19, 2015
Sold by
Ross Rodney James
Bought by
The James Marc & Mary Elizabeth Haney Fa
Seller's Agent
mark ogden
Sotheby's International Realty
Buyer's Agent
R. Scott McCulley
Leonard Dinolfo, Broker
List Price
$850,000
Sold Price
$820,000
Premium/Discount to List
-$30,000
-3.53%
Current Estimated Value
$1,295,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,575
Avg. Annual Appreciation
4.53%

Purchase Details

Closed on
Aug 23, 2007
Sold by
Levenick Daniel A and The Maynard & Mary Kranz Leven
Bought by
Ross Rodney James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
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
The James Marc & Mary Elizabeth Haney Fa $820,000 Equity Title Los Angeles
Ross Rodney James $740,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ross Rodney James $592,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2015 09/15/15 Sold $820,000 -3.5% $572 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $850,000 -- $593 / Sq Ft
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 $11,076 $970,707 $710,274 $260,433
2024 $11,076 $951,675 $696,348 $255,327
2023 $10,982 $933,016 $682,695 $250,321
2022 $10,603 $914,722 $669,309 $245,413
2021 $10,174 $896,787 $656,186 $240,601
2019 $9,794 $870,529 $636,724 $233,805
2018 $10,007 $853,468 $624,240 $229,228
2016 $9,695 $820,000 $600,000 $220,000
2015 $8,186 $690,000 $470,000 $220,000
2014 $8,177 $690,000 $470,000 $220,000
Source: Public Records

Agents Affiliated with this Home

  • m

    Seller's Agent in 2015

    mark ogden

    Sotheby's International Realty

    (626) 484-6424

    1 in this area

    23 Total Sales

    mark ogden
    Section Image

  • R

    Buyer's Agent in 2015

    R. Scott McCulley

    Leonard Dinolfo, Broker

See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315008466

Pasadena-Foothills Association of REALTORS®

APN: 5719-017-015

California Los Angeles County Pasadena 91105 Madison Heights

23 Grace Terrace, Pasadena, CA

Not Listed for Sale

MultiFamily

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