NOT LISTED FOR SALE

Estimated Value: $1,132,000 - $1,630,334

2 Beds
1 Bath
2,621 Sq Ft
$543/Sq Ft Est. Value

Last Sold July 03, 2017

Last sale price $920,000 $351 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $8,462/month

64 Days on Market

About This Home

As of July 2017

This residential income property boasts 2 well-maintained single-family dwellings on an almost 7,500 SF lot close to schools, parks, restaurants & shops in East Pasadena. In front is a 2+1 one-story home with private fenced yard that has been fully renovated within the past year and features new floors throughout, spacious living room with crown mouldings & recessed lighting, and a new kitchen & full bath with beautiful wood cabinets, granite counters, and handsome tile work. In back is a two-story 3+2.75 two-story home with private rear patio built in 1986 and featuring open living & dining rooms with vaulted ceilings, a large kitchen, and 2 bedrooms & 1.75 baths on the main level, and a 2nd master suite with private bath on the upper level. Each home has private laundry, and there's also a long driveway leading to a 2 car garage & 4 additional off-street parking spaces. With $4,725/mo in income, and the Tenants paying most utilities & expenses, this presents a great opportunity to purchase a unique investment, to live in one home and rent the other or house extended family.

Last Agent to Sell the Property

David Knight

Keller Williams Realty License #01829234 Listed on: 04/18/2017

Keller Williams Realty

Co-Listed By

Stephanie Mora

Keller Williams Realty License #01911949

Last Buyer's Agent

Jack Chang

Berkshire Hathaway HomeServices California Properties License #01075478

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 7,489 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5754010017

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Attached: No
  • View: No
  • Zoning: LCR105
  • Property Type: Residential Income
  • Parcel Number: 5754010017
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Price Per Square Foot: 356.73

Exterior Features

  • Pool Private: No
  • Spa: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7489.00
  • Lot Size Acres: 0.1719

Multi Family

  • Lot Size Area: 7489.0000 Square Feet
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2017
Closed on
Jun 26, 2017
Sold by
Sassounian Setrak Krikor and Sassounian Koharik Agop
Bought by
Living Water Llc
Seller's Agent
David Knight
Keller Williams Realty
Buyer's Agent
Jack Chang
Berkshire Hathaway HomeServices California Properties
List Price
$935,000
Sold Price
$920,000
Premium/Discount to List
-$15,000
-1.6%
Current Estimated Value
$1,423,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,334
Avg. Annual Appreciation
5.26%

Purchase Details

Closed on
Nov 28, 2001
Sold by
Sassounian Setrak and Sassounian Koharik A
Bought by
Sassounian Setrak Krikor and Sassounian Koharik Agop

Purchase Details

Closed on
Jan 29, 1996
Sold by
Sassounian Koharik A
Bought by
Sassounian Setrak and Sassounian Koharik A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
8.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Living Water Llc $920,000 Lawyers Title
Sassounian Setrak Krikor -- --
Sassounian Setrak -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sassounian Setrak $121,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2017 07/03/17 Sold $920,000 -1.6% $351 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $935,000 -- $357 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $12,241 $1,046,798 $837,440 $209,358
2024 $12,241 $1,026,273 $821,020 $205,253
2023 $11,966 $1,006,151 $804,922 $201,229
2022 $11,559 $986,424 $789,140 $197,284
2021 $11,092 $967,083 $773,667 $193,416
2020 $10,656 $957,167 $765,734 $191,433
2019 $10,683 $938,400 $750,720 $187,680
2018 $10,801 $920,000 $736,000 $184,000
2016 $3,921 $299,210 $59,529 $239,681
2015 $3,879 $294,716 $58,635 $236,081
2014 $3,815 $288,944 $57,487 $231,457
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-317003191

Pasadena-Foothills Association of REALTORS®

APN: 5754-010-017