NOT LISTED FOR SALE

Estimated Value: $1,022,000 - $1,344,364

4 Beds
2 Baths
2,009 Sq Ft
$574/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $850,000 $423 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,204/month

15 Days on Market

Highlights

  • No HOA
  • 2 Car Direct Access Garage
  • Mountainous Community
  • McKinley Elementary School Rated A-
  • Laundry Room
  • 3-minute walk to Marshall Park

About This Home

As of January 2019

A Wonderful investor opportunity!! Two separate houses in one lot. Each house have Two bedrooms with One Full Bath and one attached garage. Washer and Dryer hook up are in each unit. Convenience location.

Last Agent to Sell the Property

Wendy Wong

Engel & Völkers Pasadena License #01877030 Listed on: 12/06/2018

Engel & Völkers Pasadena

Last Buyer's Agent

Wendy Wong

Engel & Völkers Pasadena License #01877030 Listed on: 12/06/2018

Engel & Völkers Pasadena

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,084

Year Built

  • Built in 1955

Lot Details

  • 8,330 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,009 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tax Lot 49
  • Tax Tract Number 4814
  • Assessor Parcel Number 5360022016

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Mountainous Community

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,084

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: SLR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5360022016
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 423.10

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 8330.00
  • Lot Size Acres: 0.1912

Rental Info

  • Tenant Pays: None

Multi Family

  • Lot Size Area: 8330.0000 Square Feet
  • 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
  • Number With Range: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4814.01
  • Tax Lot: 49
  • Tax Tract Number: 4814

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2018
Closed on
Dec 27, 2018
Sold by
Lam Tomward and Mai Fung Lam Family Trust
Bought by
Phung Anna Buu Luong and Anna Buu Luong Phung Revocable
Seller's Agent
Wendy Wong
Engel & Völkers Pasadena
Buyer's Agent
Wendy Wong
Engel & Völkers Pasadena
List Price
$720,000
Sold Price
$850,000
Premium/Discount to List
$130,000
18.06%
Current Estimated Value
$1,153,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,091
Avg. Annual Appreciation
4.66%
Original Mortgage
$500,000
Outstanding Balance
$439,602
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$713,489

Purchase Details

Closed on
Aug 29, 2004
Sold by
Lam Mai Fung
Bought by
Lam Mai Fung and Mai Fung Lam Family Trust

Purchase Details

Closed on
Dec 27, 1993
Sold by
Lee Alan W and Lee Carol N
Bought by
Lam Mai Fung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
7.16%
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
Phung Anna Buu Luong $850,000 Orange Coast Title Company
Lam Mai Fung -- --
Lam Mai Fung -- World Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phung Anna Buu Luong $500,000
Previous Owner Lam Mai Fung $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2019 01/25/19 Sold $850,000 +18.1% $423 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
12/06/2018 12/06/18 For Sale $720,000 -- $358 / 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 $13,084 $968,106 $669,309 $298,797
2024 $13,084 $949,125 $656,186 $292,939
2023 $12,855 $930,516 $643,320 $287,196
2022 $12,082 $893,499 $630,706 $262,793
2021 $11,996 $875,981 $618,340 $257,641
2020 $11,819 $867,380 $612,000 $255,380
2019 $6,037 $384,326 $251,394 $132,932
2018 $5,466 $376,798 $246,465 $130,333
2016 $5,199 $361,803 $236,896 $124,907
2015 $5,127 $356,369 $233,338 $123,031
2014 $5,091 $349,389 $228,768 $120,621
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF18287206

California Regional Multiple Listing Service (CRMLS)

APN: 5360-022-016