NOT LISTED FOR SALE

Estimated Value: $636,000 - $880,000

1 Bed
2 Baths
1,008 Sq Ft
$275/mo HOA Fee

Last Sold August 26, 2014

Last sale price $491,000 $487 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,778/month

10 Days on Market

Highlights

  • Rooftop Deck
  • 0.79 Acre Lot
  • Wood Flooring
  • Blair High School Rated A-
  • Mountain View
  • Mediterranean Architecture

About This Home

As of August 2014

Spacious, top-floor condominium located in highly sought after Madison Walk. This turnkey unit has 1 bed & 2 full baths w/ a large loft (could be used as a 2nd bedroom). Located in the upscale & desirable Pasadena Playhouse District, this property is within walking distance of S. Lake Ave business district, Paseo Colorado, Old Town Pasadena, and the Metro Gold Line. Easy access to the 210 FWY makes this one of the most convenient locations in Pasadena. Natural light fills the unit w/ a south facing balcony off of the dining /living area with city views & a large private patio off of the upstairs loft w/ mountain views. Downstairs there is in-unit laundry with a stackable washer & dryer. The upstairs loft has an attached full bathroom & could be used as a 2nd sleeping area, nursery, den, or an office. Built in 2003, this unit features many modern upgrades: new hardwood floors throughout, new paint, stainless-steel appliances, granite counters, and 20 ft high vaulted ceilings. The unit has central air & heat. Other features include a walk-in closet, gated parking, and a landscaped courtyard.

Last Agent to Sell the Property

Dean Griffith

Coldwell Banker Realty License #01452542 Listed on: 07/18/2014

Coldwell Banker Realty

Last Buyer's Agent

Michael Moustakas

Re/Max Grand License #00711526

Re/Max Grand

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,626

Year Built

  • Built in 2003

Lot Details

  • 0.79

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Stucco

Interior Spaces

  • 1,008 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Loft
  • Wood Flooring
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Rooftop Deck
  • Patio

Additional Features

  • Two or More Common Walls
  • Forced Air Heating and Cooling System

Community Details

  • 48 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53278
  • Assessor Parcel Number 5723007074

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,626

Year Built

Built in 2003

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5723007074
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1008.00
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Levels: Two
  • Price Per Square Foot: 487.10
  • Room Type: Loft, Living Room, Master Bedroom, Walk-In Closet

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Roof Top
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Inside, Stackable
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 275.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 34547.00
  • Lot Size Acres: 0.7930

Multi Family

  • Lease Considered: No
  • Lot Size Area: 34547.0000 Square Feet
  • Number Of Units In Community: 48
  • Number Of Units Total: 48

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 53278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2014
Closed on
Jul 29, 2014
Sold by
Kenoyer Jason
Bought by
Arnold William Raymond and Arnold Xiao Wei
Seller's Agent
Dean Griffith
Coldwell Banker Realty
Buyer's Agent
Michael Moustakas
Re/Max Grand
List Price
$449,000
Sold Price
$491,000
Premium/Discount to List
$42,000
9.35%
Current Estimated Value
$730,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,709
Avg. Annual Appreciation
3.64%
Original Mortgage
$392,800
Outstanding Balance
$300,492
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$428,770

Purchase Details

Closed on
Dec 7, 2006
Sold by
Cobb Glenn L
Bought by
Kenoyer Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2003
Sold by
Olson Madison Walk Llc
Bought by
Cobb Glenn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,400
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
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
Arnold William Raymond $491,000 Equity Title
Kenoyer Jason $470,000 Equity Title Company
Cobb Glenn L $398,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold William Raymond $392,800
Previous Owner Kenoyer Jason $376,000
Previous Owner Cobb Glenn L $318,400
Closed Cobb Glenn L $39,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2014 08/26/14 Sold $491,000 +9.4% $487 / Sq Ft
07/18/2014 07/18/14 For Sale $449,000 -- $445 / 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 $6,626 $590,099 $366,439 $223,660
2024 $6,626 $578,529 $359,254 $219,275
2023 $6,569 $567,186 $352,210 $214,976
2022 $6,340 $556,065 $345,304 $210,761
2021 $6,081 $545,163 $338,534 $206,629
2019 $5,851 $528,995 $328,494 $200,501
2018 $5,989 $518,623 $322,053 $196,570
2016 $5,796 $498,487 $309,549 $188,938
2015 $5,727 $491,000 $304,900 $186,100
2014 $5,407 $463,000 $305,000 $158,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14152759

California Regional Multiple Listing Service (CRMLS)

APN: 5723-007-074