NOT LISTED FOR SALE

286 Martelo Ave Pasadena, CA 91107

Lamanda Park Neighborhood

Estimated Value: $888,000 - $914,060

2 Beds
2 Baths
751 Sq Ft
$1,196/Sq Ft Est. Value

Last Sold July 23, 2024

Last sale price $860,000 $1,145 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,885/month

16 Days on Market

Highlights

  • Gated Parking
  • Deck
  • Bonus Room
  • Pasadena High School Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of July 2024

Welcome to your future home in the heart of Pasadena! This charming two-bedroom, 1 3/4 bath bungalow is the perfect canvas for your dream abode. Sited on a generous corner lot, offering ample space for the expansion of the home, or for the addition of an ADU, this quaint home is nestled in a lovely neighborhood and boasts hardwood floors, crown molding, and French doors. While it requires a little TLC, the potential here is boundless. Imagine the possibilities of additional square footage to suit your needs, whether it's a cozy primary bedroom, a modern kitchen, or a serene garden retreat. Embrace the opportunity to create your ideal living space in this quintessential Pasadena bungalow!

Last Agent to Sell the Property

Dick Davis

Cornerstone Real Estate Serv. Brokerage Phone: (626) 294-2901 License #00675908 Listed on: 06/12/2024

Last Buyer's Agent

David Knight

Keller Williams Realty License #01829234

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 5,273 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Corner Lot
  • Sprinkler System
  • Front Yard

Home Design

  • Bungalow
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 751 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • French Doors
  • Dining Room
  • Bonus Room
  • Wood Flooring

Kitchen

  • Gas Oven
  • Free-Standing Range
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer Hookup

Parking

  • Parking Available
  • Gated Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Rain Gutters
  • Rear Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 4628
  • Assessor Parcel Number 5746019037

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Alley Paved
  • View: No
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5746019037
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 751.00 Square Feet
  • Interior Amenities: Crown Molding, Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Eating Area: Dining Room
  • Levels: One
  • Price Per Square Foot: 1022.64
  • Room Type: Bonus Room
  • Bathroom Features: Shower, Bathtub, Walk-In Shower
  • Room Kitchen Features: Laminate Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Raised
  • Other Structures: Shed(s)
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Brick, Rear Porch, Deck, Concrete
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Gated, Off Street

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Oven
  • Heating Type: Wall Furnace
  • Laundry Features: Outside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Corner Lot
  • Lot Size Sq Ft: 5273.00
  • Lot Size Acres: 0.1211

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5273.0000 Square Feet

Tax Info

  • Tax Lot: 29
  • Tax Tract Number: 4628.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jul 17, 2024
Sold by
Khorsandi Rezvan
Bought by
Ghamsari Vahid Gholami
Seller's Agent
Dick Davis
Cornerstone Real Estate Serv.
Buyer's Agent
David Knight
Keller Williams Realty
List Price
$768,000
Sold Price
$860,000
Premium/Discount to List
$92,000
11.98%
Views
103
Current Estimated Value
$898,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,515
Avg. Annual Appreciation
3.11%
Original Mortgage
$817,000
Outstanding Balance
$807,242
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$91,273

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jul 16, 2024
Sold by
Richard W Davis And Crystal B Davis Trus and Davis Richard W
Bought by
Gholami Ghamsari Vahid
Seller's Agent
Dick Davis
Cornerstone Real Estate Serv.
Buyer's Agent
David Knight
Keller Williams Realty
List Price
$768,000
Sold Price
$860,000
Premium/Discount to List
$92,000
11.98%
Views
103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$817,000
Outstanding Balance
$807,242
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$91,273

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jul 1, 2024
Sold by
Richard W Davis And Crystal B Davis Trus and Davis Richard W
Bought by
Gholami Ghamsari Vahid
Seller's Agent
Dick Davis
Cornerstone Real Estate Serv.
Buyer's Agent
David Knight
Keller Williams Realty
List Price
$768,000
Sold Price
$860,000
Premium/Discount to List
$92,000
11.98%
Views
103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$817,000
Outstanding Balance
$807,242
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$91,273

Purchase Details

Closed on
May 8, 2003
Sold by
Davis Richard W
Bought by
Davis Richard W and Davis Crystal B

Purchase Details

Closed on
Apr 23, 2002
Sold by
Davis Richard W
Bought by
Davis Richard W and Davis Crystal B

Purchase Details

Closed on
Apr 12, 2000
Sold by
Reisch Rosemarie
Bought by
Davis Richard W and Davis Crystal B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.22%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ghamsari Vahid Gholami -- Lawyers Title
Gholami Ghamsari Vahid $860,000 Lawyers Title
Gholami Ghamsari Vahid $860,000 Lawyers Title
Gholami Ghamsari Vahid $860,000 Lawyers Title
Davis Richard W -- Southland Title Corporation
Davis Richard W -- Southland Title Corporation
Davis Richard W $105,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gholami Ghamsari Vahid $817,000
Closed Gholami Ghamsari Vahid $817,000
Previous Owner Davis Richard W $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2024 07/23/24 Sold $860,000 +12.0% $1,145 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $768,000 -- $1,023 / 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 $2,135 $860,000 $783,900 $76,100
2024 $2,135 $158,191 $112,999 $45,192
2023 $2,115 $155,090 $110,784 $44,306
2022 $2,047 $152,050 $108,612 $43,438
2021 $1,968 $149,070 $106,483 $42,587
2019 $1,901 $144,651 $103,326 $41,325
2018 $1,889 $141,815 $101,300 $40,515
2016 $1,812 $136,310 $97,367 $38,943
2015 $1,791 $134,264 $95,905 $38,359
2014 $1,765 $131,635 $94,027 $37,608
Source: Public Records

Agents Affiliated with this Home

  • Dick Davis

    Seller's Agent in 2024

    Dick Davis

    Cornerstone Real Estate Serv.

    (626) 233-8377

    5 in this area

    48 Total Sales

    Dick Davis
    Section Image

  • D

    Buyer's Agent in 2024

    David Knight

    Keller Williams Realty

    (626) 657-0359

    5 in this area

    358 Total Sales

    David Knight
    Section Image

  • A

    Buyer Co-Listing Agent in 2024

    Anthony House

    eXp Realty of Greater Los Angeles

    (626) 755-0551

    1 in this area

    8 Total Sales

    Anthony House
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-18030

Pasadena-Foothills Association of REALTORS®

APN: 5746-019-037

California Los Angeles County Pasadena 91107 Lamanda Park

286 Martelo Ave, Pasadena, CA

Not Listed for Sale

Detached

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