NOT LISTED FOR SALE

Estimated Value: $1,127,000 - $1,636,000

6 Beds
3 Baths
3,040 Sq Ft
$454/Sq Ft Est. Value

Last Sold January 10, 2013

Last sale price $580,000 $191 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $7,959/month

102 Days on Market

Highlights

  • Contemporary Architecture
  • Pasadena High School Rated A
  • No Heating

About This Home

As of January 2013

Great Residential Income property in South East Pasadena. Front unit is 2 stories and features 4 bedrooms and 2.5 baths. The first floor has an open living room with fireplace and dining area, large kitchen with island and breakfast counter, a study/office bonus room. All bedrooms are on the second floor which offers privacy. Other amenities include:tile counters, laundry area, marble floors, recessed lighting, crown molding and more. Second unit features 2 bedrooms and 1 bath, living room, dining room, kitchen and bonus room.

Last Agent to Sell the Property

Garret Weyand

Steve Davis Team License #00967072 Listed on: 09/21/2012

Last Buyer's Agent

Gina Ammon

JohnHart Corp. License #01498679

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,792

Year Built

  • Built in 1987

Lot Details

  • 7,239

Parking

  • 4 Parking Spaces

Home Design

  • Contemporary Architecture

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 3 Bathrooms

Additional Features

  • Living Room with Fireplace
  • 7,239 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 5754021023

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,792

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Attached: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 5754021023
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Room Type: All Bedrooms Up, Living Room

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Heating: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7239.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lot Size Area: 7239.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2012
Closed on
Dec 27, 2012
Sold by
Sasaki Veronica and Mercado Veronica
Bought by
Kasbarian John Herald and Kasbarian Rosalba
Seller's Agent
Garret Weyand
Steve Davis Team
Buyer's Agent
Gina Ammon
JohnHart Corp.
Sold Price
$580,000
Current Estimated Value
$1,326,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$746,312
Avg. Annual Appreciation
7.11%
Original Mortgage
$385,000
Outstanding Balance
$267,388
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$1,111,631

Purchase Details

Listed on
Sep 21, 2012
Closed on
Dec 26, 2012
Sold by
Kasbarian Gregory
Bought by
Kasbarian Rosalba
Seller's Agent
Garret Weyand
Steve Davis Team
Buyer's Agent
Gina Ammon
JohnHart Corp.
Sold Price
$580,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Outstanding Balance
$267,388
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$1,111,631

Purchase Details

Closed on
Jan 23, 2002
Sold by
Mercado L Luis and Mercado Maria A
Bought by
Mercado Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
7.17%

Purchase Details

Closed on
Mar 18, 1996
Sold by
Ge Capital Mtg Services Inc
Bought by
Mercado L Luis and Mercado Maria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,866
Interest Rate
7.41%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 1995
Sold by
Texas Commerce Bank National Assn
Bought by
Ge Capital Mtg Services Inc

Purchase Details

Closed on
Feb 2, 1995
Sold by
Rahiminedjad George Masihi and Rahiminedjad Ketervan Avanesoff
Bought by
Texas Commerce Bank National Assn
Source: Public Records

Range of Values:

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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
Kasbarian John Herald $585,000 Lawyers Title
Kasbarian Rosalba -- Lawyers Title Co
Mercado Veronica -- --
Mercado L Luis $237,000 Stewart Title
Ge Capital Mtg Services Inc -- Stewart Title
Texas Commerce Bank National Assn $259,000 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kasbarian John Herald $385,000
Previous Owner Mercado Veronica $417,000
Previous Owner Mercado Veronica $205,000
Previous Owner Mercado Veronica $178,500
Previous Owner Mercado L Luis $193,866
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2013 01/10/13 Sold $580,000 -- $191 / Sq Ft
01/01/2013 01/01/13 Pending -- -- --
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 $8,792 $720,371 $504,878 $215,493
2024 $8,792 $706,247 $494,979 $211,268
2023 $8,545 $692,400 $485,274 $207,126
2022 $8,260 $678,824 $475,759 $203,065
2021 $7,926 $665,515 $466,431 $199,084
2020 $7,624 $658,692 $461,649 $197,043
2019 $7,640 $645,778 $452,598 $193,180
2018 $7,687 $633,117 $443,724 $189,393
2016 $7,434 $608,535 $426,495 $182,040
2015 $7,354 $599,395 $420,089 $179,306
2014 $7,209 $587,655 $411,861 $175,794
Source: Public Records

Agents Affiliated with this Home

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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-22168638

Pasadena-Foothills Association of REALTORS®

APN: 5754-021-023