NOT LISTED FOR SALE

295 S Madison Ave Unit 8 Pasadena, CA 91101

Playhouse Village Neighborhood

Estimated Value: $687,000 - $742,000

2 Beds
1.5 Baths
1,164 Sq Ft
0.55 Acres

Last Sold October 16, 2020

Last sale price $530,000 $455 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,261/month

62 Days on Market

Highlights

  • 0.55 Acre Lot
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Property is near public transit
  • Side by Side Parking
  • Laundry Room

About This Home

As of October 2020

Rare Mid-Century condo situated in a prime Pasadena location! With architectural details throughout, this spacious two bedroom home features newly refinished hardwood floors and an abundance of natural light. This top-floor, end unit is only one of two in the charming 16-unit complex that has its own fireplace and an additional half bath. The spacious kitchen has ample room for a breakfast area or island, and the full bath is remodeled. Bedrooms feature rolled ceilings and large closets with built in storage. Low HOA covers all utilities (except internet/cable/phone). There is also garage parking for one car and community laundry. With an excellent ''walk score'', this ideal location is close to the best Pasadena has to offer: Old Town, Paseo Colorado, South Lake Shopping District, Playhouse, Gold Line Metro, 210 and 110 freeways. Don't miss this amazing opportunity to own a jewel of the Crown City!

Last Agent to Sell the Property

Hazel Perera

Berkshire Hathaway Home Servic License #01715728 Listed on: 07/24/2020

Berkshire Hathaway Home Servic

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1949

Lot Details

  • 0.55

Parking

  • 1 Car Garage
  • Parking Available
  • Side by Side Parking
  • Assigned Parking

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,164 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 5734010134

Community Details

Overview

  • 16 Units
  • Park Lane Pasadena Condominiums, Inc. Association
  • Cardinal Property Management HOA

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: PSR4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5734010134
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1164.00
  • Stories: 1
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 2
  • Fireplace Features: Living Room, Wood Burning
  • Price Per Square Foot: 455.33

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Side by Side
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Amenities: Electricity
  • Association Fee Frequency: Monthly
  • Association Name: Park Lane - Pasadena Condominiums, Inc.
  • Senior Community: No
  • Association Management: Cardinal Property Management

Green Features

  • Green Location: Transportation, Walkability

Lot Info

  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 23938.00
  • Lot Size Acres: 0.5500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 23938.0000 Square Feet
  • Number Of Units In Community: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Sep 11, 2020
Sold by
Hannafin Brian and Hannafin Kelley
Bought by
Lai Gary and Lai Denise
Seller's Agent
Hazel Perera
Berkshire Hathaway Home Servic
List Price
$530,000
Sold Price
$530,000
Current Estimated Value
$718,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,229
Avg. Annual Appreciation
5.97%
Original Mortgage
$280,000
Outstanding Balance
$248,481
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$469,748

Purchase Details

Closed on
Apr 26, 1999
Sold by
Zwart Paul V
Bought by
Hannafin Brian and Hannafin Kelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,300
Interest Rate
7.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lai Gary $530,000 California Title Company
Hannafin Brian $165,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lai Gary $280,000
Previous Owner Hannafin Brian $148,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $530,000 0.0% $455 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $530,000 -- $455 / 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 $6,518 $584,661 $440,873 $143,788
2024 $6,518 $573,198 $432,229 $140,969
2023 $6,461 $561,959 $423,754 $138,205
2022 $6,122 $540,600 $415,446 $125,154
2021 $5,870 $530,000 $407,300 $122,700
2019 $2,665 $231,867 $133,500 $98,367
2018 $2,706 $227,322 $130,883 $96,439
2016 $2,600 $218,497 $125,801 $92,696
2015 $2,570 $215,216 $123,912 $91,304
2014 $2,522 $211,001 $121,485 $89,516
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Hazel Perera

    Berkshire Hathaway Home Servic

    (626) 676-9111

    2 in this area

    94 Total Sales

    Hazel Perera
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-820002888

Pasadena-Foothills Association of REALTORS®

APN: 5734-010-134

California Los Angeles County Pasadena 91101 Playhouse Village

295 S Madison Ave Unit 8, Pasadena, CA

Not Listed for Sale

Condos

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