NOT LISTED FOR SALE

Estimated Value: $482,538 - $590,000

1 Bed
1 Bath
745 Sq Ft
$374/mo HOA Fee

Last Sold August 09, 2024

Last sale price $510,000 $685 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,326/month

15 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Clubhouse
  • Blair High School Rated A-
  • 1.72 Acre Lot
  • Sauna

About This Home

As of August 2024

Prestigious Olive Tree Condominiums – Prime Pasadena Living
Welcome to the Olive Tree condominiums, located in one of Pasadena's most sought-after neighborhoods. This unit offers unparalleled convenience with its prime location:
***Unbeatable Location: Enjoy a short stroll to the renowned South Lake Avenue, home to a variety of shops, restaurants, coffee houses, and health clubs. The historic California Institute of Technology (Caltech) is just one block away, while Pasadena City College is a mere half-mile from your doorstep. The Huntington Library, Art Museum, and Botanical Gardens are also nearby.
***Outstanding Amenities: The community features a recreation room perfect for entertaining, complete with a professional pool table. Relax and unwind at the pool, Jacuzzi, and separate men’s and women’s saunas, each with showers and 3/4 baths. Host BBQs in the spacious courtyard. Laundry facilities are conveniently located just two doors away, and your vehicle will be secure in the gated underground parking.
***Comfort and Style: This unit boasts two generously-sized walk-in closets, a spacious and comfortable bedroom, and a freshly painted interior. The kitchen and bathroom have refurbished countertops, new vinyl flooring. The Kitchen offers an brand new stove and oven.
With its exceptional location and numerous amenities, this unit is a fantastic opportunity with significant upside potential. Don’t miss out on this chance to live in one of Pasadena’s premier residences. Make an offer today, as this property won't stay on the market for long!

Last Agent to Sell the Property

David Kline Lovett

Next Home First Choice Realty Brokerage Phone: 714.979.9988 License #00831621 Listed on: 06/25/2024

Last Buyer's Agent

Hannah Pilkington

Compass License #02066257

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,881

Year Built

  • Built in 1971

Lot Details

  • Two or More Common Walls

HOA Fees

  • $374 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Auto Driveway Gate
  • Community Parking Structure

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 745 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Vinyl Flooring
  • Pest Guard System
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Pool

  • In Ground Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Patio
  • Lanai
  • Rain Gutters

Schools

  • Mckinley Elementary School
  • Blair High School

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 3822

Community Details

Overview

  • Front Yard Maintenance
  • Master Insurance
  • 120 Units
  • Veronica Association, Phone Number (626) 243-4161
  • Olive Tree HOA
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Billiard Room
  • Meeting Room
  • Card Room
  • Recreation Room
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,881

Year Built

Built in 1971

Lot Details

0

HOA Fees

$374 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Ad Number: 714.979.9988
  • Property Attached: Yes
  • Security: Gated Community
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 745.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 684.56
  • Room Type: All Bedrooms Down
  • Spa Features: Community
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • Fence: No
  • Patio And Porch Features: Lanai
  • Pool Features: Community, Fenced, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Community Structure
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • 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, Outdoor Cooking Area, Pest Control, Clubhouse, Billiard Room, Card Room, Recreation Room, Meeting Room, Storage, Earthquake Insurance, Insurance, Maintenance Grounds, Trash, Sewer, Water, Management, Security, Hot Water, Maintenance Front Yard
  • Association Fee: 373.68
  • Association Fee Frequency: Monthly
  • Association Name: Veronica
  • Phone: 626-243-4161
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Gutters
  • Association Management: Olive Tree

Schools

  • Elementary School: McKinley
  • High School: Blair
  • Elementary School #2: MCKINL
  • High School2: BLAIR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 74876.00
  • Lot Size Acres: 1.7189
  • Latitude Manual: 34.13997000

Multi Family

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

Tax Info

  • Tax Lot: 3822
  • Tax Tract Number: TR=...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Aug 2, 2024
Sold by
Bainton Elizabeth Gardner and Bainton William Symonds
Bought by
Mcnear-Echeverria Yaxaira Yaneri
Seller's Agent
David Kline Lovett
Next Home First Choice Realty
Buyer's Agent
Hannah Pilkington
Compass
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Views
43
Current Estimated Value
$533,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,885
Avg. Annual Appreciation
3.82%
Original Mortgage
$494,700
Outstanding Balance
$489,091
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$44,794
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
Mcnear-Echeverria Yaxaira Yaneri $510,000 Wfg National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnear-Echeverria Yaxaira Yaneri $494,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2024 08/09/24 Sold $510,000 -2.9% $685 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $525,000 -- $705 / 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 $1,881 $510,000 $433,900 $76,100
2024 $1,881 $153,837 $68,850 $84,987
2023 $1,911 $150,821 $67,500 $83,321
2022 $1,798 $147,865 $66,177 $81,688
2021 $1,724 $144,967 $64,880 $80,087
2019 $1,661 $140,668 $62,956 $77,712
2018 $1,684 $137,911 $61,722 $76,189
2016 $1,611 $132,558 $59,326 $73,232
2015 $1,591 $130,567 $58,435 $72,132
2014 $1,565 $128,011 $57,291 $70,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24069475

California Regional Multiple Listing Service (CRMLS)

APN: 5735-029-098