NOT LISTED FOR SALE

Estimated Value: $626,694 - $723,000

2 Beds
2 Baths
1,061 Sq Ft
1.72 Acres

Last Sold June 29, 2016

Last sale price $470,000 $443 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,059/month

Highlights

  • Heated Spa
  • Open Floorplan
  • Clubhouse
  • Primary Bedroom Suite
  • Mountain View
  • Property is near public transit

About This Home

As of July 2023

Exquisite 2-Bedroom Condo with 2 Bathrooms near Caltech and South Lake Avenue, Pasadena for lease. Lobby and hallway are recent remodeled. The condo itself was remodeled in 2017, boasting gorgeous hardwood floors throughout, new cabinets, a new AC system, and a new dishwasher, among other updates. The inviting open floor plan seamlessly connects the living, dining, and kitchen areas, creating an ideal space for entertaining and relaxation. Large windows bathe the entire condo in natural light, providing an airy and welcoming ambiance.
Privacy and comfort are key highlights of this condo. The master bedroom and the secondary bedroom are thoughtfully situated on opposite sides of the open living room and kitchen, ensuring each resident enjoys their own personal retreat. Enhancing your living experience, the condo complex offers a variety of amenities. Residents can indulge in the club house, perfect for gatherings or private events. Unwind and enjoy outdoor barbecues with friends and family in the communal BBQ area, or take a refreshing dip in the inviting swimming pool during warm California days. The common areas are diligently cleaned and maintained daily, adding to the overall comfort and appeal of the complex. Must see. Furnitures are not included in lease. Apply thru the link: https://apply.link/3PHjhXC

Last Agent to Rent the Property

Sunyoung McDermott

Re/Max Premier Prop SanMarino License #01871582 Listed on: 07/01/2023

Re/Max Premier Prop SanMarino

Last Renter's Agent

Sunyoung McDermott

Re/Max Premier Prop SanMarino License #01871582 Listed on: 07/01/2023

Re/Max Premier Prop SanMarino

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1971

Lot Details

  • End Unit
  • 1 Common Wall
  • Garden

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Assigned Parking

Property Views

  • Mountain
  • Courtyard

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,061 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Furnished
  • Living Room
  • Recreation Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed
  • More Than Two Accessible Exits
  • Accessible Parking

Pool

  • Heated Spa
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Outdoor Grill

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $5,600
  • Rent includes association dues, pool, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 7/1/23
  • Tax Lot 1
  • Tax Tract Number 38229
  • Assessor Parcel Number 5735029158

Community Details

Overview

  • Property has a Home Owners Association
  • 120 Units

Amenities

  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Condo Details

Home Type

Condominium

Year Built

Built in 1971

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Last Month Rent, Security Deposit
  • Available Date: 2023-07-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 300
  • Deposit Security: 5600
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: PSR4
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5735029158
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1061.00 Square Feet
  • Interior Amenities: Balcony, Elevator, Furnished, Open Floorplan, Trash Chute
  • Stories: 3
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits, Accessible Elevator Installed, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.64
  • Room Type: Living Room, Master Suite, Recreation, Walk-In Closet
  • Spa Features: Association, Heated

Exterior Features

  • Exterior Features: Barbecue Private
  • View: Courtyard, Mountain(s)
  • Pool Features: Association, Community, Fenced
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Refrigerator
  • 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, Clubhouse
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: Garden, Near Public Transit, Paved, Walkstreet

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 120
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Pool, Trash Collection, Water

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 38229

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
May 26, 2016
Sold by
Gandhi Thulasidharan
Bought by
Mcdermott Steven R and Mcdermott Xianying
Seller's Agent
SYLVIA BARAJAS
CENTURY 21 REALTY MASTERS
Buyer's Agent
Sunyoung McDermott
Re/Max Premier Prop SanMarino
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Current Estimated Value
$683,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,174
Avg. Annual Appreciation
3.99%
Original Mortgage
$352,500
Outstanding Balance
$281,007
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$402,167

Purchase Details

Closed on
May 3, 2011
Sold by
Kennedy Teresa
Bought by
Gandhi Thulasidharah and Reddy Sangamitra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,945
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2005
Sold by
Kennedy Donald L
Bought by
Kennedy Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 13, 2005
Sold by
Matsumura Joon
Bought by
Kennedy Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
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
Mcdermott Steven R $470,000 Wfg Title Company Of Ca
Gandhi Thulasidharah $357,000 Equity Title
Kennedy Teresa -- California Title Company
Kennedy Teresa $440,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott Steven R $352,500
Previous Owner Gandhi Thulasidharah $347,945
Previous Owner Kennedy Teresa $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2023 07/13/23 Rented $2,800 0.0% --
07/07/2023 07/07/23 Off Market $2,800 -- --
07/01/2023 07/01/23 For Rent $2,800 +7.7% --
11/29/2021 11/29/21 Rented $2,600 0.0% --
11/08/2021 11/08/21 Under Contract -- -- --
11/07/2021 11/07/21 Off Market $2,600 -- --
11/05/2021 11/05/21 For Rent $2,600 +2.0% --
11/07/2017 11/07/17 Rented $2,550 0.0% --
11/03/2017 11/03/17 Under Contract -- -- --
10/01/2017 10/01/17 For Rent $2,550 -7.3% --
10/07/2016 10/07/16 Rented $2,750 -1.8% --
09/19/2016 09/19/16 Price Changed $2,800 0.0% $3 / Sq Ft
09/19/2016 09/19/16 For Rent $2,800 -12.5% --
09/11/2016 09/11/16 Off Market $3,200 -- --
08/23/2016 08/23/16 For Rent $3,200 0.0% --
06/29/2016 06/29/16 Sold $470,000 -1.1% $479 / Sq Ft View Prior Sale
05/27/2016 05/27/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $475,000 -- $484 / 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 $6,262 $556,376 $407,932 $148,444
2024 $6,262 $545,468 $399,934 $145,534
2023 $6,208 $534,774 $392,093 $142,681
2022 $5,992 $524,289 $384,405 $139,884
2021 $5,747 $514,010 $376,868 $137,142
2019 $5,530 $498,766 $365,691 $133,075
2018 $5,658 $488,987 $358,521 $130,466
2016 $4,539 $386,365 $271,755 $114,610
2015 $4,489 $380,562 $267,673 $112,889
2014 $4,398 $373,108 $262,430 $110,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23117819

California Regional Multiple Listing Service (CRMLS)

APN: 5735-029-158