NOT LISTED FOR SALE

Estimated Value: $1,125,000 - $1,679,859

5 Beds
4 Baths
2,276 Sq Ft
$620/Sq Ft Est. Value

Last Sold December 04, 2018

Last sale price $880,000 $387 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $8,635/month

140 Days on Market

Highlights

  • Attic
  • Double Oven
  • Living Room
  • Pasadena High School Rated A
  • Two Homes on a Lot
  • Laundry Room

About This Home

As of December 2018

NEW PRICE. Great income opportunity in North East Pasadena! This is the first time this property has been on the market in decades. Well maintained and vacant this multi-unit property offers a total of 5 beds/2 baths. The two homes sit tandem on a 7500 square foot lot. The front house offers 3 beds/ 1 bath, large living room, dining room, full kitchen, and service porch with washer and dryer. The back house offers 2 beds/ 1 bath, living room, dining room, full kitchen, and service porch with washer and dryer. Long driveway with ample parking space leads to a large carport and the backyard offers an area that could be divided so that tenants could create their own garden plots. Conveniently located, you are minutes from the highway with walkability to Colorado Blvd, restaurants, coffee houses and shopping. If you are looking to buy and hold rentals, or occupy one home and rent out the other, this is a must see!

Last Agent to Sell the Property

Carmine Sabatella

The Agency License #01945152 Listed on: 06/27/2018

The Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,346

Year Built

  • Built in 1921

Lot Details

  • 7,523 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Parking Available

Home Design

  • Bungalow
  • Raised Foundation
  • Wood Siding
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Carpet
  • Attic
  • Basement

Kitchen

  • Double Oven
  • Gas Range
  • Range Hood
  • Dishwasher

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Features

  • Two Homes on a Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5746011022

Community Details

Overview

  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,346

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: PSR1
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 5746011022
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Room Type: Attic, Basement, Living Room, Master Bedroom

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Gas Range, Range Hood
  • Heating Type: Natural Gas
  • Laundry Features: Gas Dryer Hookup

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7523.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lot Size Area: 7523.0000 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2018
Closed on
Oct 22, 2018
Sold by
Debellis John and Debellis John
Bought by
Villegas Odilon and Villegas Carmen O
Seller's Agent
Carmine Sabatella
The Agency
List Price
$1,049,000
Sold Price
$880,000
Premium/Discount to List
-$169,000
-16.11%
Current Estimated Value
$1,411,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$531,215
Avg. Annual Appreciation
6.88%

Purchase Details

Closed on
Jun 25, 2018
Sold by
Monforte Domenica
Bought by
Monforte Domenica and The Monforte Family Trust

Purchase Details

Closed on
Dec 3, 2016
Sold by
Monforte Domenica and Monforte Family Trust
Bought by
Monforte Domenica and Kryshak Sandra

Purchase Details

Closed on
Sep 16, 2014
Sold by
Monforte Domenica
Bought by
The Monforte Family Trust

Purchase Details

Closed on
Sep 9, 2014
Sold by
Russo Josephine
Bought by
Ruso Giuseppe and Russo Josephine

Purchase Details

Closed on
Aug 19, 2014
Sold by
Debellis Lucy
Bought by
Debellis John and Debellis Lucy

Purchase Details

Closed on
Aug 4, 1998
Sold by
Gelardi Carmen Asero
Bought by
Fichera Maria and Monforte Domenica

Purchase Details

Closed on
Dec 20, 1995
Sold by
Gelardi Carmela Asero and Gelardi Carmela
Bought by
Gelardi Carmela Asero and Gelardi Trust
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
Villegas Odilon $880,000 California Title Company
Monforte Domenica -- None Available
Monforte Domenica -- None Available
Monforte Domenica -- None Available
The Monforte Family Trust -- None Available
Ruso Giuseppe -- None Available
Palazzolo Carmelo -- None Available
Fichera Angelo S -- None Available
Debellis John -- None Available
Fichera Maria -- --
Gelardi Carmela Asero -- --
Gelardi Carmela Asero -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2018 12/04/18 Sold $880,000 -2.1% $387 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
09/16/2018 09/16/18 Price Changed $899,000 -8.2% $395 / Sq Ft
08/07/2018 08/07/18 Price Changed $979,000 -6.7% $430 / Sq Ft
06/27/2018 06/27/18 For Sale $1,049,000 -- $461 / 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 $11,346 $997,153 $638,074 $359,079
2024 $11,346 $977,602 $625,563 $352,039
2023 $11,086 $943,535 $613,298 $330,237
2022 $10,705 $925,035 $601,273 $323,762
2021 $10,267 $906,898 $589,484 $317,414
2020 $9,858 $897,600 $583,440 $314,160
2019 $9,885 $880,000 $572,000 $308,000
2018 $2,160 $152,131 $102,021 $50,110
2016 $932 $45,927 $15,717 $30,210
2015 $921 $45,238 $15,481 $29,757
2014 $923 $44,353 $15,178 $29,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-818003175

Pasadena-Foothills Association of REALTORS®

APN: 5746-011-022