NOT LISTED FOR SALE

Estimated Value: $1,126,000 - $1,312,000

3 Beds
3 Baths
1,284 Sq Ft
$931/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $1,000,000 $779 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,039/month

59 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Mountain View
  • Galley Kitchen
  • Pasadena High School Rated A
  • Hiking Trails
  • Park

About This Home

As of May 2021

LOCATION! LOCATION! LOCATION! Located in the heart of Pasadena on a big lot, close to the 210 Freeway, Pasadena City College, CalTech, Rose Bowl, Rose Parade, Eaton Canyon, etc! A country-style duplex nestled on a wide and quiet street in Pasadena with big shady trees! Two separate house numbers. Front home is 3 bed/2 bath (315 N. Carmelo Avenue). Back home is 1 bed/1 bath (317 N. Carmelo Avenue), perfect for the in-laws or to rent out! Ready to move in! Newer paint, newer roof, copper plumbing, back unit remodeled, termite tented, brand new water heater (front), concrete paved, new fencing, central air/heat (front), mini split air/heat (back). Laundry hook up for both units. Separate gas meter and electricity. Plumbing power water hydrojetted. Pride of ownership! Turnkey and ready to move in! Furnishings & appliances to remain in both units is negotiable. Please DO NOT DISTURB TENANTS! Both units will be delivered vacant!

Last Agent to Sell the Property

Joy Chiou

Capital Investments Real Estat License #01878589 Listed on: 02/26/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 7,485 Sq Ft Lot
  • No Common Walls
  • Vinyl Fence
  • Wood Fence
  • Level Lot
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Driveway Level

Home Design

  • Duplex
  • Bungalow
  • Turnkey
  • Shingle Roof

Interior Spaces

  • 1,284 Sq Ft Home
  • Living Room with Fireplace
  • Laminate Flooring
  • Mountain Views

Kitchen

  • Galley Kitchen
  • Gas Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer Hookup

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 4628
  • Assessor Parcel Number 5746020057

Community Details

Overview

  • 3 Buildings
  • 2 Units
  • Foothills

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $894
  • Trash Expense $750
  • New Taxes Expense $9,000
  • Operating Expense $10,645

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: PSC-
  • Architectural Style: Bungalow
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5746020057
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 778.82
  • Room Type: All Bedrooms Down, Galley Kitchen

Exterior Features

  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Vinyl, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage, Private
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Water Heater
  • Heating Type: Central
  • Laundry Features: Inside, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 750.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Foothills, Hiking, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Level
  • Lot Size Sq Ft: 7485.00
  • Lot Size Acres: 0.1718

Multi Family

  • Average1 Bed Area: 584 Square Feet
  • Average3 Bed Area: 980 Square Feet
  • Insurance Expense: 894.10
  • Lot Size Area: 7485.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No
  • Total Expenses: 10645.00

Tax Info

  • New Taxes Expense: 9000.00
  • Tax Area: 7500
  • Tax Census Tract: 4628.00
  • Tax Lot: 20
  • Tax Tract Number: 4628.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2019
Closed on
Jun 21, 2019
Sold by
Lightfoot Scott C
Bought by
Tovar Richard S and Chiou Joy L
Seller's Agent
LEE CUELLAR
eXp Realty of Greater Los Angeles
Buyer's Agent
Joy Chiou
Capital Investments Real Estat
List Price
$719,000
Sold Price
$850,000
Premium/Discount to List
$131,000
18.22%
Current Estimated Value
$1,195,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,255
Avg. Annual Appreciation
5.38%
Original Mortgage
$722,500
Outstanding Balance
$632,630
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$562,625

Purchase Details

Closed on
Dec 13, 2007
Sold by
Berg Wilma C and Wilma C Berg Family Trust
Bought by
Lightfoot Scott C
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
Tovar Richard S $850,000 Old Republic Title Company
Lightfoot Scott C $150,000 Ortc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tovar Richard S $722,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2021 05/28/21 Sold $1,000,000 -2.7% $779 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/19/2021 04/19/21 Price Changed $1,028,000 -4.8% $801 / Sq Ft
03/13/2021 03/13/21 Price Changed $1,080,000 -8.5% $841 / Sq Ft
03/01/2021 03/01/21 Price Changed $1,180,000 -5.6% $919 / Sq Ft
02/26/2021 02/26/21 For Sale $1,250,000 +47.1% $974 / Sq Ft
07/05/2019 07/05/19 Sold $850,000 +18.2% $662 / Sq Ft View Prior Sale
07/03/2019 07/03/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $719,000 -- $560 / 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 $9,465 $788,284 $611,198 $177,086
2024 $8,966 $772,828 $599,214 $173,614
2023 $8,890 $757,675 $587,465 $170,210
2022 $10,034 $875,980 $525,588 $350,392
2021 $9,626 $858,805 $515,283 $343,522
2020 $9,167 $850,000 $510,000 $340,000
2019 $8,920 $800,689 $560,485 $240,204
2018 $9,103 $784,991 $549,496 $235,495
2016 $8,820 $754,510 $528,159 $226,351
2015 $8,723 $743,177 $520,226 $222,951
2014 $8,544 $728,620 $510,036 $218,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21040164

California Regional Multiple Listing Service (CRMLS)

APN: 5746-020-057