NOT LISTED FOR SALE

Estimated Value: $524,000 - $567,000

1 Bed
1 Bath
729 Sq Ft
$335/mo HOA Fee

Last Sold January 15, 2020

Last sale price $407,000 $558 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,762/month

122 Days on Market

Highlights

  • Spa
  • 1.72 Acre Lot
  • Neighborhood Views
  • Blair High School Rated A-
  • Main Floor Primary Bedroom
  • Meeting Room

About This Home

As of January 2020

Turnkey 1 bedroom condo located in the highly desirable OliveTree complex in Pasadena's Cal-Tech/South Lake district. Kitchen and bathroom has been recently remodeled. Hardwood floors, Central A/C & Heat, spacious private balcony, large walk-in closet and a unique ample sized bonus room that can be turned into an office, crib room, drawing room. The complex offers a heated swimming pool& spa, secured underground parking, community recreation room, sauna, and courtyard patio. The true gem is the convenience of all that surrounds you and its superb location....Just a couple of blocks away from South Lake Avenue's trendy shopping, restaurants and entertainment. Walking distance to Cal Tech, Pasadena City College, Pasadena Playhouse, Paseo, Old Town Pasadena, Metro Gold Line, Restaurants, Shops & Museums.

Last Agent to Sell the Property

Bill Johnson

William Johnson, Broker License #01463271 Listed on: 08/10/2019

Last Buyer's Agent

Vu Ly

TREELINE REALTY License #01860736

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,050

Year Built

  • Built in 1971

Lot Details

  • 1.72

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Parking Available

Interior Spaces

  • 729 Sq Ft Home
  • Tinted Windows
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Double Oven
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Additional Features

  • Spa
  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 38229
  • Assessor Parcel Number 5735029116

Community Details

Overview

  • 100 Units
  • Olive Tree Association, Phone Number (626) 795-3282

Amenities

  • Meeting Room
  • Recreation Room

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Park

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,050

Year Built

Built in 1971

Lot Details

0

HOA Fees

$335 per month

Parking

4

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Other Phone Description: Owner
  • Other Phone Number: 626-447-9192
  • Property Attached: Yes
  • Subdivision Name Other: Olive Tree
  • View: Yes
  • Zoning: PSR4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5735029116
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 729.00 Square Feet
  • Interior Amenities: Pantry
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 558.30
  • Room Type: Kitchen, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Spa Features: Community
  • Window Features: Tinted Windows

Exterior Features

  • View: Neighborhood
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Range, Disposal
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground, Recreation Room, Meeting Room, Management
  • Association Fee: 335.00
  • Association Fee Frequency: Monthly
  • Association Name: Olive Tree
  • Phone: 626 795 3282
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Park
  • Association Management: Olive Tree

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • 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: 100
  • 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

Closed on
Apr 20, 2020
Sold by
Pham Maria
Bought by
Pham Maria and M Pham Living Trust
Current Estimated Value
$552,788

Purchase Details

Listed on
Aug 10, 2019
Closed on
Dec 13, 2019
Sold by
Qian Davy and Lu Nicole
Bought by
Pham Maria
Seller's Agent
Bill Johnson
William Johnson, Broker
Buyer's Agent
Vu Ly
TREELINE REALTY
List Price
$428,000
Sold Price
$407,000
Premium/Discount to List
-$21,000
-4.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$386,650
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2014
Sold by
Arcadia Psychiatry Llc
Bought by
Qian Davy and Liu Nicole

Purchase Details

Listed on
May 16, 2012
Closed on
Jun 19, 2012
Sold by
The Bank Of New York Mellon
Bought by
Arcadia Psychiatry Llc
Seller's Agent
Ryan La Chapelle
No Firm Affiliation
Buyer's Agent
Janice Tsai
IRN Realty
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%

Purchase Details

Closed on
Jan 5, 2012
Sold by
Barrera Pritti Prafulchandra
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Oct 20, 2005
Sold by
Barrera Paul
Bought by
Barrera Pritti Prafulchandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 4, 2005
Sold by
Meyer Kathryn A
Bought by
Barrera Pritti Prafulchandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 16, 2003
Sold by
Hart Christopher E
Bought by
Meyer Kathryn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2002
Sold by
Hart Christopher E
Bought by
Hart Christopher E and Hart Rebecca J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,950
Interest Rate
5.12%

Purchase Details

Closed on
Sep 5, 2000
Sold by
Sevel Charl
Bought by
Hart Christopher E and Udwary Rebecca J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,900
Interest Rate
7.98%
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
Pham Maria -- None Available
Pham Maria $407,000 Lawyers Title Company
Qian Davy -- None Available
Arcadia Psychiatry Llc $240,000 Lsi Title Company
The Bank Of New York Mellon $196,000 Orange Coast Title
Barrera Pritti Prafulchandra -- Lawyers Title
Barrera Pritti Prafulchandra $360,000 Lawyers Title
Meyer Kathryn A $229,000 Lawyers Title
Hart Christopher E -- Landsafe Title
Hart Christopher E $128,000 Equity Title Company
Sevel Charl -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pham Maria $386,000
Closed Pham Maria $386,650
Previous Owner Qian Davy $1,000,000
Previous Owner Barrera Pritti Prafulchandra $72,000
Previous Owner Barrera Pritti Prafulchandra $288,000
Previous Owner Meyer Kathryn A $68,500
Previous Owner Meyer Kathryn A $44,000
Previous Owner Meyer Kathryn A $183,200
Previous Owner Hart Christopher E $125,950
Previous Owner Hart Christopher E $127,900
Closed Hart Christopher E $18,000
Closed Meyer Kathryn A $34,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2020 01/15/20 Sold $407,000 -2.9% $558 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
11/07/2019 11/07/19 Price Changed $419,000 -2.1% $575 / Sq Ft
08/10/2019 08/10/19 For Sale $428,000 +78.3% $587 / Sq Ft
06/21/2012 06/21/12 Sold $240,000 -- $329 / Sq Ft
05/16/2012 05/16/12 Pending -- -- --
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 $5,050 $445,111 $328,311 $116,800
2024 $5,050 $436,384 $321,874 $114,510
2023 $5,006 $427,828 $315,563 $112,265
2022 $4,832 $419,440 $309,376 $110,064
2021 $4,636 $411,216 $303,310 $107,906
2020 $3,802 $344,109 $136,746 $207,363
2019 $3,811 $337,363 $134,065 $203,298
2018 $3,893 $330,749 $131,437 $199,312
2016 $3,762 $317,907 $126,334 $191,573
2015 $3,721 $313,133 $124,437 $188,696
2014 $2,963 $245,911 $154,719 $91,192
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19191577

California Regional Multiple Listing Service (CRMLS)

APN: 5735-029-116