NOT LISTED FOR SALE

314 Monterey Rd Unit 3 South Pasadena, CA 91030

Estimated Value: $592,000 - $783,000

2 Beds
1 Bath
847 Sq Ft
$357/mo HOA Fee

Last Sold October 09, 2015

Last sale price $432,000 $510 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,695/month

11 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • Arroyo Vista Elementary Rated A+
  • 0.83 Acre Lot
  • Contemporary Architecture

About This Home

As of October 2015

This beautifully appointed single-level, first floor condominium features a welcoming front patio retreat leading to a formal living room and dining area with 9 ft. ceilings, newer flooring and crown moldings. The updated kitchen is a chef's delight featuring coffered ceiling, granite countertops, garden window and stainless steel refrigerator. The home has two large bedrooms, including an en suite master with double door entry and walk-in closet, and a second bedroom with ceiling fan and large mirrored-wardrobe closet. The great floor plan offers access to the expansive patio through floor-to-ceiling sliding-glass doors from both the living room and the second bedroom to enjoy the inviting outdoor living space. Other amenities include central air and heat, recessed lighting, plantation shutters, newer vertical blinds, a designer paint scheme, and newer flooring and crown moldings throughout. The condo faces the association pool and spa, and comes with two reserved adjoining parking spaces in the secured garage, plus guest parking. The complex is in a highly desirable South Pasadena neighborhood, with award winning schools, and offers easy access to the Mission District, the local Metro Gold Line station, the Rose Bowl and Downtown Los Angeles.

Last Agent to Sell the Property

Margaret Garemore

Seven Gables Real Estate License #01224802 Listed on: 08/27/2015

Seven Gables Real Estate

Last Buyer's Agent

Lionel Gan

PACIFIC STERLING REALTY License #01972779

PACIFIC STERLING REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,642

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • Two or More Common Walls
  • South Facing Home
  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $357 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Guest Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 847 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Awning
  • Plantation Shutters
  • Blinds
  • Garden Windows
  • Window Screens
  • Sliding Doors
  • Living Room
  • L-Shaped Dining Room
  • Center Hall
  • Pool Views
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Central Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 38903
  • Assessor Parcel Number 5313017047

Community Details

Overview

  • 24 Units
  • 314 Monterey Road Homeowners' Assocation Association

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,642

Year Built

Built in 1982 | Remodeled

Lot Details

0

HOA Fees

$357 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Stove, refrigerator, microwave
  • Other Phone Description: Agent
  • Other Phone Number: 6264834611
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5313017047
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 847.00
  • Interior Amenities: Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Dining Ell
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 510.04
  • Room Type: All Bedrooms Down, Center Hall, Living Room, Main Floor Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association, In Ground
  • Window Features: Blinds, Garden Window(s), Plantation Shutters, Screens

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab
  • Exterior Features: Awning(s)
  • View: Pool
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Patio And Porch Features: Enclosed, Patio
  • Pool Features: Association, In Ground
  • Pool Private: Yes
  • Roof: Flat
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Connected, Phone Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Water Heater Central
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 357.00
  • Association Fee Frequency: Monthly
  • Association Name: 314 Monterey Road Homeowners' Assocation
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Schools

  • School District: South Pasadena

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 35936.00
  • Price Per Lot Square Foot: 12.02
  • Lot Size Acres: 0.8250

Multi Family

  • Lease Considered: No
  • Lot Size Area: 35936.0000 Square Feet
  • Number Of Units In Community: 24
  • Number Of Units Total: 24

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 38903

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2015
Closed on
Sep 9, 2015
Sold by
Schnell Willdon M
Bought by
Faulmino Neil M and Faulmino Maria Katrina
Seller's Agent
Margaret Garemore
Seven Gables Real Estate
Buyer's Agent
Lionel Gan
PACIFIC STERLING REALTY
List Price
$425,000
Sold Price
$432,000
Premium/Discount to List
$7,000
1.65%
Current Estimated Value
$699,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,814
Avg. Annual Appreciation
5.30%
Original Mortgage
$410,400
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2005
Sold by
Norman Derek
Bought by
Schnell Willdon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,100
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 9, 2002
Sold by
Morrison J B
Bought by
Morrison J B and Norman Derek J

Purchase Details

Closed on
Nov 5, 1998
Sold by
Sundbye John G and The Sundbye Family Trust
Bought by
Morrison J B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,700
Interest Rate
6.82%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 1995
Sold by
Sundbye John G and Sundbye Dorothy M
Bought by
Sundbye John G and Sundbye Dorothy M
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
Faulmino Neil M $432,000 Lawyers Title
Schnell Willdon M $410,500 Equity Title Company
Morrison J B -- --
Morrison J B $108,000 Chicago Title
Sundbye John G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faulmino Neil M $400,000
Closed Faulmino Neil M $412,000
Closed Faulmino Neil M $410,400
Previous Owner Schnell Willdon M $82,100
Previous Owner Schnell Willdon M $328,400
Previous Owner Norman Derek $261,750
Previous Owner Norman Derek J $200,000
Previous Owner Norman Derek $153,000
Previous Owner Morrison J B $38,000
Previous Owner Morrison J B $14,000
Previous Owner Morrison J B $104,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $432,000 +1.6% $510 / Sq Ft
09/07/2015 09/07/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $425,000 -- $502 / 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 $6,642 $511,394 $364,844 $146,550
2024 $6,642 $501,368 $357,691 $143,677
2023 $6,498 $491,538 $350,678 $140,860
2022 $6,346 $481,901 $343,802 $138,099
2021 $6,230 $472,453 $337,061 $135,392
2019 $6,042 $458,441 $327,064 $131,377
2018 $5,901 $449,452 $320,651 $128,801
2016 $5,481 $432,000 $308,200 $123,800
2015 $5,520 $437,000 $346,100 $90,900
2014 $5,134 $400,000 $316,800 $83,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15191401

California Regional Multiple Listing Service (CRMLS)

APN: 5313-017-047