$475,000
SOLD JUN 7, 2019
2 Beds
2 Baths
1,035 Sq Ft
$492/mo HOA Fee

Recently Sold

$459 Per Sq Ft

1% Below List Price

13 Days on Market

Highlights

  • Fitness Center
  • Gas Heated Pool
  • Sauna
  • Blair High School Rated A-
  • No Units Above
  • Gated Parking

About This Home

As of March 2021

Beautiful single story large 2 bedroom 2 bath contemporary style condo unit with easy freeway access. Great location, only 7 minutes walk to Lake metro station. Everything is within 15 minutes walk, like restaurants, theater, grocery stores, banks, library and hospitals, to name a few. This is one of the largest top floor corner unit with 1 common wall. Crown molding and 9' ceilings throughout. Central air conditioning, modern open kitchen with granite counter, and stainless steel appliances. Spacious balcony off the living room with north facing view of the mountains. Both bedrooms are en suite and with their own walk-in closet with custom shelves. HOA fee includes insurance, maintenance, water, trash, pool, Jacuzzi, sauna, gym and clubhouse. Two assigned parking spaces in secured subterranean parking garage. The well known Caltech, PCC, Pacific Asian Museum and Old Town Pasadena are within 1 miles from this fabulous property.

Last Agent to Sell the Property

SHIRLEY CHAN

SHIRLEY CHAN, BROKER License #00989239 Listed on: 04/15/2019

Last Buyer's Agent

Jenny Kong

Wetrust Realty License #01266301

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,439

Year Built

  • Built in 1987

Lot Details

  • No Units Above
  • 1 Common Wall
  • Sprinkler System

HOA Fees

  • $492 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Gated Parking
  • Controlled Entrance

Interior Spaces

  • 1,035 Sq Ft Home
  • Crown Molding
  • Recessed Lighting
  • Living Room with Fireplace
  • Sauna
  • Carpet
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Stacked Washer and Dryer
  • 220 Volts In Laundry

Home Security

Accessible Home Design

  • Doors swing in
  • No Interior Steps

Outdoor Features

  • Living Room Balcony
  • Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan

Additional Features

  • Heated Spa
  • Property is near public transit

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 5251
  • Tax Tract Number 44574
  • Assessor Parcel Number 5723008106

Community Details

Overview

  • Master Insurance
  • 77 Units
  • El Molino Terrace Association, Phone Number (909) 981-4131
  • First Service Residential HOA
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,439

Year Built

Built in 1987

Lot Details

0

HOA Fees

$492 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: PSC-
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5723008106
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1035.00 Square Feet
  • Interior Amenities: Balcony, Crown Molding, Elevator, Granite Counters, Living Room Balcony, Recessed Lighting
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Carpet
  • Accessibility Features: Doors - Swing In, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 458.94
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Sauna, Two Masters, Walk-In Closet
  • Spa Features: Association, Community, Heated
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community, Heated, Gas Heat
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance, Gated, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Microwave, Range Hood, Vented Exhaust Fan
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Natural Gas, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, In Kitchen, Inside, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Gym/Ex Room, Clubhouse, Earthquake Insurance, Insurance, Maintenance Grounds, Trash, Utilities, Sewer, Water, Pet Rules
  • Association Fee: 491.61
  • Association Fee Frequency: Monthly
  • Association Name: El Molino Terrace
  • Phone: 909-981-4131
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
  • Association Management: First Service Residential

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, Sprinkler System
  • Lot Size Sq Ft: 52519.00
  • Lot Size Acres: 1.2057

Multi Family

  • Lease Considered: No
  • Lot Size Area: 52519.0000 Square Feet
  • Number Of Units In Community: 77
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4622.02
  • Tax Lot: 5251
  • Tax Tract Number: 44574

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Mar 24, 2021
Sold by
Ma Weijuan and Lin Peini
Bought by
King Evan and King Gabriela
Seller's Agent
Jenny Kong
Wetrust Realty
Buyer's Agent
Amy Engler
Douglas Elliman of California, Inc.
List Price
$532,000
Sold Price
$529,000
Premium/Discount to List
-$3,000
-0.56%
Current Estimated Value
$673,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,814
Avg. Annual Appreciation
5.75%
Original Mortgage
$502,550
Outstanding Balance
$452,764
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$221,050

Purchase Details

Listed on
Apr 15, 2019
Closed on
May 17, 2019
Sold by
Luh Stephanie
Bought by
Ma Weijuan and Lin Peini
Seller's Agent
SHIRLEY CHAN
SHIRLEY CHAN, BROKER
Buyer's Agent
Jenny Kong
Wetrust Realty
List Price
$480,000
Sold Price
$475,000
Premium/Discount to List
-$5,000
-1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%

Purchase Details

Closed on
May 10, 2006
Sold by
Luh Henry and Luh Sonia
Bought by
Luh Stephanie

Purchase Details

Closed on
Mar 3, 2005
Sold by
Tsui Ryan
Bought by
Luh Henry and Luh Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2004
Sold by
Platinum Property Development Corp
Bought by
Tsui Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,993
Interest Rate
5.38%
Mortgage Type
Stand Alone First
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $529,000 Lawyers Title
Grant Deed $475,000 Lawyers Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed $449,000 Chicago Title Co
Grant Deed $360,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $502,550 New Conventional
Previous Owner $262,500 New Conventional
Previous Owner $299,000 Purchase Money Mortgage
Previous Owner $233,993 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $529,000 -0.6% $511 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
01/30/2021 01/30/21 For Sale $532,000 +0.6% $514 / Sq Ft
01/11/2021 01/11/21 Off Market $529,000 -- --
12/04/2020 12/04/20 Price Changed $532,000 -1.4% $514 / Sq Ft
11/03/2020 11/03/20 For Sale $539,800 +2.0% $522 / Sq Ft
10/24/2020 10/24/20 Off Market $529,000 -- --
10/06/2020 10/06/20 For Sale $539,800 0.0% $522 / Sq Ft
08/24/2019 08/24/19 Rented $2,600 0.0% --
08/21/2019 08/21/19 Under Contract -- -- --
07/01/2019 07/01/19 Price Changed $2,600 -7.1% $3 / Sq Ft
06/16/2019 06/16/19 For Rent $2,800 0.0% --
06/07/2019 06/07/19 Sold $475,000 -1.0% $459 / Sq Ft
04/28/2019 04/28/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $480,000 -- $464 / 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 $6,439 $572,605 $387,726 $184,879
2024 $6,439 $561,378 $380,124 $181,254
2023 $6,384 $550,371 $372,671 $177,700
2022 $6,162 $539,580 $365,364 $174,216
2021 $5,489 $489,518 $321,536 $167,982
2020 $5,268 $484,500 $318,240 $166,260
2019 $6,000 $543,000 $423,000 $120,000
2018 $5,905 $511,000 $398,000 $113,000
2016 $5,366 $467,000 $364,000 $103,000
2015 $4,750 $411,000 $320,200 $90,800
2014 $4,747 $411,000 $320,200 $90,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19089977

California Regional Multiple Listing Service (CRMLS)

APN: 5723-008-106