NOT LISTED FOR SALE

Estimated Value: $1,285,000 - $1,576,000

6 Beds
4 Baths
2,660 Sq Ft
$543/Sq Ft Est. Value

Last Sold July 19, 2013

Last sale price $655,000 $246 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $8,744/month

18 Days on Market

About This Home

As of July 2013

4 separate units , all have their own front yard or back yard/patio, all units have their own Laundry machines, 2 units are 2 bedroom 1 bath , 2 units are 1 bedroom 1 bath

Last Agent to Sell the Property

Shahe Seuylemezian

Remax Dream Properties License #01400433 Listed on: 12/15/2012

Remax Dream Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,517

Year Built

  • Built in 1947

Lot Details

  • 7,504 Sq Ft Lot

Parking

  • 4 Car Garage
  • 4 Detached Carport Spaces
  • Parking Available

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5743004009

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Operating Expense $15,000
  • Net Operating Income $33,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,517

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5743004009
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 4.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7504.00
  • Lot Size Acres: 0.1700

Multi Family

  • Gross Scheduled Income: 50000.00
  • Lot Size Area: 7504.0000 Square Feet
  • Net Operating Income: 33000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 15000.00
  • Total Expenses: 15000.00
  • Vacancy Allowance: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2017
Sold by
Avedissian Mike and Avedissian Lida
Bought by
Avedissian Mike and Avedissian Lida
Total Days on Market
18
Current Estimated Value
$1,444,011

Purchase Details

Closed on
Dec 5, 2013
Sold by
Avedissian Mike and Avedissian Lida
Bought by
Avedissian Mike and Avedissian Lida

Purchase Details

Listed on
Dec 15, 2012
Closed on
Jul 22, 2013
Sold by
Odissian Mike
Bought by
Kevork Odissian Mike and Kevork Tourous Lida
Seller's Agent
Shahe Seuylemezian
Remax Dream Properties
List Price
$1,100,000
Sold Price
$655,000
Premium/Discount to List
-$445,000
-40.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%

Purchase Details

Listed on
Dec 15, 2012
Closed on
Jul 16, 2013
Sold by
Tourous Lida Kevork
Bought by
Odissian Mike
Seller's Agent
Shahe Seuylemezian
Remax Dream Properties
List Price
$1,100,000
Sold Price
$655,000
Premium/Discount to List
-$445,000
-40.45%

Purchase Details

Closed on
Apr 18, 2013
Sold by
Babaoghli Koko
Bought by
Odissian Mike

Purchase Details

Closed on
Oct 21, 2005
Sold by
Festekjian Jean and Festekjian Ambra
Bought by
Babaoghli Koko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$749,250
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Avedissian Mike -- None Available
Avedissian Mike -- Accommodation
Kevork Odissian Mike -- Accommodation
Odissian Mike -- Lawyers Title
Odissian Mike $655,000 Lawyers Title
Babaoghli Koko $999,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avedi $350,000
Previous Owner Babaoghli Koko $749,250
Previous Owner Festekjian Jean $0
Previous Owner Festekjian Jean $206,000
Previous Owner Festerjian Jean $209,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2013 07/19/13 Sold $655,000 -40.5% $246 / Sq Ft
01/02/2013 01/02/13 Pending -- -- --
12/15/2012 12/15/12 For Sale $1,100,000 -- $414 / 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 $10,517 $802,928 $520,987 $281,941
2024 $10,517 $787,185 $510,772 $276,413
2023 $10,438 $771,751 $500,757 $270,994
2022 $10,103 $756,620 $490,939 $265,681
2021 $9,494 $741,785 $481,313 $260,472
2019 $9,167 $719,786 $467,038 $252,748
2018 $9,249 $705,674 $457,881 $247,793
2016 $8,920 $678,273 $440,101 $238,172
2015 $8,827 $668,086 $433,491 $234,595
2014 $8,678 $655,000 $425,000 $230,000
Source: Public Records

Agents Affiliated with this Home

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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-12170974

Pasadena-Foothills Association of REALTORS®

APN: 5743-004-009