NOT LISTED FOR SALE

Estimated Value: $968,000 - $1,248,000

3 Beds
3 Baths
1,166 Sq Ft
$956/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $626,000 $537 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $6,691/month

8 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Double Pane Windows
  • Pasadena High School Rated A
  • Enclosed Patio or Porch
  • Laundry Room

About This Home

As of February 2016

Completely rehabbed TWO HOUSES ON A LOT in a fantastic section of East Pasadena! Front unit is a 2 BR/2 BA cottage house beautifully remodeled from top to bottom with central A/C, new hardwood floors, new travertine tile in bathrooms, new cabinets, & new appliances including refrigerator, oven/range, with washer/dryer hookups in unit. Bathrooms have all brand new amenities including new showers, tubs and toilets. Back unit is a 1 BR/1 BA guest house similarly remodeled with European style bathroom and separate large yard with washer/dryer hookups. Both units have their own fenced in yards and are Cat6 wired for high speed internet. Located in Lower Hastings Ranch area, a fantastic neighborhood nearby shopping, parks and restaurants and minutes away from Old Town Pasadena. The Sierra Madre Village Metro Station & 210 Freeway close by. Both units to be delivered vacant and rents are projected. Great opportunity for either investor or owner/user.

Last Agent to Sell the Property

Will Tiao

The Collective Realty License #01918965 Listed on: 01/14/2016

Co-Listed By

Diana Fang Tiao

The Collective Realty License #01918964

Last Buyer's Agent

Jay Arora

License #00608313

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 5,535 Sq Ft Lot
  • South Facing Home
  • Property is zoned PSR6

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage
  • Driveway

Home Design

  • Bungalow
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,166 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Basement

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 3 Bathrooms
  • Granite Bathroom Countertops
  • Low Flow Toliet

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Central Water Heater
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • City Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5752-017-003

Home Details

Home Type

Single Family

Year Built

Built in 1924 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Contact listing agent Will Tiao at (323) 363-1096 for more information. Completely rehabbed TWO HOUSES ON A LOT in a fantastic section of East Pasadena! Front unit is a 2 BR/2 BA cottage house beautifully remodeled from top to bottom with central A/C, new hardwood floors, new travertine tile in bathrooms, new cabinets, & new appliances including refrigerator, oven/range, with washer/dryer hookups in unit. Bathrooms have all brand new amenities including new showers, tubs and toilets. Back unit is a 1 BR/1 BA guest house similarly remodeled with European style bathroom and separate large yard with washer/dryer hookups. Both units have their own fenced in yards and are Cat6 wired for high speed internet. Located in Lower Hastings Ranch area, a fantastic neighborhood nearby shopping, parks and restaurants and minutes away from Old Town Pasadena. The Sierra Madre Village Metro Station & 210 Freeway close by. Both units to be delivered vacant and rents are projected. Great opportunity for either investor or owner/user.
  • Building Permit: Yes
  • Entry Location: Ground Level - no steps
  • Living Area: 1166
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Basement
  • Flooring: Hardwood, Laminate
  • Appliances: Free Standing Gas
  • Bedrooms: 3
  • Bedroom Features: All Bedrooms Down
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Granite, Low Flow Toilet(s), Remodeled
  • Kitchen Features: Granite Counters
  • Laundry: Inside, Laundry Area, Outside
  • Total Bathrooms: 3.00
  • Equipment: Cable, Ceiling Fan, Dishwasher, Freezer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Ice Maker, Microwave, Network Wire, Range/Oven, Refrigerator, Water Line to Refrigerator
  • Price Per S Q F T: 536.02
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Number Patio: 2
  • Patio: Enclosed
  • Paved: Yes
  • Pool: No
  • Roof: Composition
  • View: No

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 2
  • Garage Structures: 1
  • Parking Garage: Driveway, Garage - 1 Car
  • Total Parking: 3

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Central
  • Heating: Central, Wall
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Water Meters: 1
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Value: 16747
  • Assessed Land Value: 47607
  • Assessor Parcel Number: 5752-017-003
  • Geocode Override: No
  • Lot Location: City
  • Lot Size Area: 5535

Rental Info

  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.25
  • Number Of Units: 2
  • Number Wall A C: 0
  • Rent Control: 0
  • Type Of Units: Freestanding

Tax Info

  • Tax Expense: 7813.00
  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2020
Sold by
Calderon Antonio and Ortega Andrea Rebecca
Bought by
Schulte Nicholas Z and Schulte Rebecca R
Current Estimated Value
$1,114,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$585,965
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$528,463

Purchase Details

Closed on
Mar 4, 2019
Sold by
Calderon Calderon Antonio Antonio and Calderon Ortega Andrea Rebecca
Bought by
Calderon Calderon Antonio Antonio and Calderon Ortega Andrea Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 14, 2016
Closed on
Jan 27, 2016
Sold by
4 Friends Properties Inc
Bought by
Calderon Antonio and Ortega Andrea Rebecca
Seller's Agent
Will Tiao
The Collective Realty
Buyer's Agent
Jay Arora
List Price
$625,000
Sold Price
$626,000
Premium/Discount to List
$1,000
0.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$614,661
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 30, 2015
Closed on
Apr 28, 2015
Sold by
Holder Walter L and Holder Cynthia N
Bought by
4 Friends Properties Inc
Seller's Agent
Cecilia Angeloni
COMPASS
Buyer's Agent
PFNon-Member Default
ITECH MLS
List Price
$449,000
Sold Price
$449,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.12%
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
Schulte Nicholas Z $842,000 California Members Title
Calderon Calderon Antonio Antonio -- Priority Title
Calderon Antonio $626,000 Title 365
4 Friends Properties Inc $449,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schulte Nicholas Z $660,000
Previous Owner Calderon Calderon Antonio Antonio $593,000
Previous Owner Calderon Antonio $614,661
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2016 02/25/16 Sold $626,000 +0.2% $537 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $625,000 +39.2% $536 / Sq Ft
05/15/2015 05/15/15 Sold $449,000 0.0% $385 / Sq Ft View Prior Sale
05/04/2015 05/04/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $449,000 -- $385 / Sq Ft
Source: The MLS

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 $10,229 $911,405 $725,229 $186,176
2024 $10,229 $893,535 $711,009 $182,526
2023 $10,141 $876,016 $697,068 $178,948
2022 $9,790 $858,840 $683,400 $175,440
2021 $9,467 $842,000 $670,000 $172,000
2020 $7,481 $677,601 $541,216 $136,385
2019 $7,500 $664,315 $530,604 $133,711
2018 $7,597 $651,290 $520,200 $131,090
2016 $5,453 $455,846 $355,337 $100,509
2015 $1,070 $64,354 $47,607 $16,747
2014 $990 $63,094 $46,675 $16,419
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-970967

The MLS

APN: 5752-017-003