NOT LISTED FOR SALE

Estimated Value: $647,000 - $702,877

2 Beds
2 Baths
981 Sq Ft
$361/mo HOA Fee

Last Sold October 07, 2020

Last sale price $562,000 $573 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,625/month

49 Days on Market

Highlights

  • Gated Parking
  • 1.72 Acre Lot
  • Courtyard Views
  • Blair High School Rated A-
  • Sauna
  • Community Pool

About This Home

As of October 2020

This bright and spacious first floor END UNIT (one common wall) in Olive Tree Condominium is located in the desirable South Lake District of Pasadena, with extremely convenient access to many shops and restaurants on Lake Ave, the Metro Gold Line, and Caltech, a world renown university. With an amazing floor plan, this property has a courtyard view from every room and is freshly painted with laminate wood flooring or tile throughout. The living room provides plenty of space for relaxation and leads to a sun room, which acts as an additional living area. The kitchen has ample cabinet space and is located adjacent to the dining area, providing an open view. In the hallway next to the kitchen, there is a large storage space, fit to be a pantry. The master bedroom has its own bathroom and walk in closet while the second bedroom is located at the opposite side of the unit, giving both bedrooms more than enough privacy. The second bathroom is close to the second bedroom, a convenient location for occupants and guests alike. Both bathrooms feature unique, white tiling on walls adding to the home's charm and quality. This unit also has gated underground parking with two side by side parking spaces for maximum security and privacy. Furthermore, this complex supplies a wealth of amenities for all your needs, including a pool, spa, his/her saunas, barbecue area, recreation rooms, and two laundry rooms on each floor. This is a great condo and you definitely must come see it for yourself!

Last Agent to Sell the Property

Yuling Lee

Treelane Realty Group Inc. License #01716174 Listed on: 07/13/2020

Last Buyer's Agent

Yuling Lee

Treelane Realty Group Inc. License #01716174 Listed on: 07/13/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,819

Year Built

  • Built in 1971

Lot Details

  • 1.72

HOA Fees

  • $361 Monthly HOA Fees

Interior Spaces

  • 981 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Living Room Balcony
  • Courtyard Views
  • Intercom
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Range Hood

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Gated Parking
  • Paved Parking
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Additional Features

  • 1 Common Wall
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 38229
  • Assessor Parcel Number 5735029078

Community Details

Overview

  • 120 Units
  • Olive Tree Association, Phone Number (626) 795-3282
  • Beven & Brock Property Management HOA
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Sauna
  • Recreation Room
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,819

Year Built

Built in 1971

Lot Details

0

HOA Fees

$361 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: PSR4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5735029078
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 981.00 Square Feet
  • Interior Amenities: Intercom, Living Room Balcony
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 572.88
  • Room Type: Kitchen, Living Room, Main Floor Master Bedroom, Master Bathroom, Walk-In Closet
  • Bathroom Features: Shower In Tub, Granite Counters

Exterior Features

  • View: Courtyard
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Covered, Paved, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Range Hood
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Recreation Room, Earthquake Insurance, Maintenance Grounds, Trash, Water, Controlled Access
  • Association Fee: 361.32
  • Association Fee Frequency: Monthly
  • Association Name: Olive Tree
  • Phone: 6267953282
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Beven & Brock Property Management

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 74876.00
  • Lot Size Acres: 1.7189

Multi Family

  • Lease Considered: No
  • Lot Size Area: 74876.0000 Square Feet
  • Number Of Units In Community: 120
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4635.00
  • Tax Lot: 1
  • Tax Tract Number: 38229

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Sep 29, 2020
Sold by
Shuai Shihchiung
Bought by
Hu Denn
Seller's Agent
Yuling Lee
Treelane Realty Group Inc.
Buyer's Agent
Yuling Lee
Treelane Realty Group Inc.
List Price
$576,000
Sold Price
$562,000
Premium/Discount to List
-$14,000
-2.43%
Current Estimated Value
$678,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,469
Avg. Annual Appreciation
4.55%
Original Mortgage
$140,000
Outstanding Balance
$101,338
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$597,347

Purchase Details

Listed on
Jul 13, 2020
Closed on
Sep 26, 2020
Sold by
Huang Shih Jwo and Ho Hsueh Hua
Bought by
Hu Denn and Hu Kimberly
Seller's Agent
Yuling Lee
Treelane Realty Group Inc.
Buyer's Agent
Yuling Lee
Treelane Realty Group Inc.
List Price
$576,000
Sold Price
$562,000
Premium/Discount to List
-$14,000
-2.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$101,338
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$597,347

Purchase Details

Closed on
Jun 19, 2013
Sold by
Huang Shih Jwo
Bought by
Huang Shih Jwo and Ho Hsueh Hua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2013
Sold by
Lin Diane H
Bought by
Huang Shih Jwo and Ho Hsueh Hua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2004
Sold by
Defigueiredo Stephan Burle
Bought by
Lin Diane H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2004
Sold by
Hanemoto Corey H
Bought by
Lin Diane H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2001
Sold by
Cho Amy
Bought by
Hanemoto Corey H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.14%

Purchase Details

Closed on
Dec 10, 1996
Sold by
Aguilar Henry
Bought by
Cho Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,850
Interest Rate
7.76%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 27, 1996
Sold by
Trust Graham Willard And Violet Trs Grah
Bought by
Cho Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,850
Interest Rate
7.76%
Mortgage Type
FHA
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
Hu Denn -- Lawyers Title Company
Hu Denn $562,000 Lawyers Title Company
Huang Shih Jwo -- Lawyers Title
Huang Shih Jwo $428,000 Lawyers Title
Lin Diane H -- First Southwestern Title
Lin Diane H $335,000 First Southwestern Title
Hanemoto Corey H $188,000 Old Republic Title Company
Cho Amy -- Title Land Company Inc
Cho Amy $113,000 Title Land Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu Denn $140,000
Previous Owner Huang Shih Jwo $321,000
Previous Owner Lin Diane H $100,000
Previous Owner Hanemoto Corey H $30,000
Previous Owner Hanemoto Corey H $150,000
Previous Owner Hanemoto Corey H $150,000
Previous Owner Cho Amy $109,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold $562,000 +2.2% $573 / Sq Ft
08/06/2020 08/06/20 Price Changed $549,900 -4.5% $561 / Sq Ft
07/13/2020 07/13/20 For Sale $576,000 -- $587 / 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 $6,819 $608,323 $462,305 $146,018
2024 $6,819 $596,396 $453,241 $143,155
2023 $6,761 $584,703 $444,354 $140,349
2022 $6,525 $573,240 $435,642 $137,598
2021 $6,258 $562,000 $427,100 $134,900
2020 $5,238 $481,914 $357,046 $124,868
2019 $5,252 $472,466 $350,046 $122,420
2018 $5,373 $463,203 $343,183 $120,020
2016 $5,198 $445,217 $329,857 $115,360
2015 $5,141 $438,531 $324,903 $113,628
2014 $5,034 $429,942 $318,539 $111,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20137557

California Regional Multiple Listing Service (CRMLS)

APN: 5735-029-078