NOT LISTED FOR SALE

353 E Orange Grove Blvd Pasadena, CA 91104

Orange Heights Neighborhood

Estimated Value: $932,000 - $1,316,000

4 Beds
2 Baths
1,218 Sq Ft
$871/Sq Ft Est. Value

Last Sold March 29, 2017

Last sale price $577,500 $474 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,048/month

165 Days on Market

Highlights

  • No HOA
  • Central Air
  • Front Yard

About This Home

As of March 2017

Duplex. Good Rental area. Each unit with central A/C, 2 electrical and gas meters. 2be/1ba, 2be/1.5ba. Plenty of parking space. 18 Month old roof, new electrical wiring, copper plumbing.

Last Agent to Sell the Property

Hector Ortega

Hector Ortega, BROKER License #01263085 Listed on: 07/30/2016

Last Buyer's Agent

Kerry Lam

eXp Realty of California Inc License #01359844

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 6,330 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Home Design

  • 1,218 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 4620
  • Assessor Parcel Number 5725028016

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $752
  • Trash Expense $40
  • Water Sewer Expense $80
  • New Taxes Expense $5,646
  • Operating Expense $6,518
  • Gross Income $2,800
  • Net Operating Income $25,580

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 80.00
  • Property Type: Residential Income
  • Parcel Number: 5725028016
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 474.14

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 40.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6330.00
  • Price Per Lot Square Foot: 98.74

Multi Family

  • Gross Income: 2800.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 752.00
  • Net Operating Income: 25580.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8020.00
  • Rent Control: No
  • Total Expenses: 6518.00

Tax Info

  • New Taxes Expense: 5646.00
  • Tax Lot: 16
  • Tax Tract Number: 4620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2020
Sold by
Caron Audrey
Bought by
Garon Christopher
Current Estimated Value
$1,014,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,000
Outstanding Balance
$388,162
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$672,913

Purchase Details

Closed on
Jan 11, 2020
Sold by
2C Properties Llc
Bought by
Caron Christopher and Caron Jesse

Purchase Details

Listed on
Jul 30, 2016
Closed on
May 23, 2017
Sold by
Caron Jesse
Bought by
2C Properties Llc
Seller's Agent
Hector Ortega
Hector Ortega, BROKER
Buyer's Agent
Kerry Lam
eXp Realty of California Inc
List Price
$625,000
Sold Price
$577,500
Premium/Discount to List
-$47,500
-7.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%

Purchase Details

Listed on
Jul 30, 2016
Closed on
Mar 22, 2017
Sold by
Alverio Caron Jessica
Bought by
Caron Jesse
Seller's Agent
Hector Ortega
Hector Ortega, BROKER
Buyer's Agent
Kerry Lam
eXp Realty of California Inc
List Price
$625,000
Sold Price
$577,500
Premium/Discount to List
-$47,500
-7.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,250
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2016
Closed on
Jan 31, 2017
Sold by
Sanchez Oscar Ledesma
Bought by
Caron Jesse and Caron Christopher
Seller's Agent
Hector Ortega
Hector Ortega, BROKER
Buyer's Agent
Kerry Lam
eXp Realty of California Inc
List Price
$625,000
Sold Price
$577,500
Premium/Discount to List
-$47,500
-7.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,250
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2014
Sold by
Dela Mora Jose Luis
Bought by
Sanchez Oscar Ledesma and Vargas Evelia Balderas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2002
Sold by
Johnson Angelique
Bought by
Delamora Jose Luis

Purchase Details

Closed on
Nov 10, 2000
Sold by
Johnson Rosalie T
Bought by
Johnson Angelique
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
Garon Christopher -- Fidelity National Title
Caron Christopher -- None Available
2C Properties Llc -- None Available
Caron Jesse -- First American Title Company
Caron Jesse $572,500 First American Title Company
Sanchez Oscar Ledesma $450,000 Orange Coast Title Company
Delamora Jose Luis $130,000 Fidelity Title
Johnson Angelique -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garon Christopher $439,000
Previous Owner Caron Jesse $286,250
Previous Owner Sanchez Oscar Ledesma $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2017 03/29/17 Sold $577,500 -3.6% $474 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
11/01/2016 11/01/16 Price Changed $599,000 -4.2% $492 / Sq Ft
07/30/2016 07/30/16 For Sale $625,000 +38.9% $513 / Sq Ft
10/22/2014 10/22/14 Sold $450,000 0.0% $369 / Sq Ft View Prior Sale
08/11/2014 08/11/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $450,000 -- $369 / 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 $8,983 $765,547 $546,820 $218,727
2024 $8,983 $750,538 $536,099 $214,439
2023 $8,908 $735,823 $525,588 $210,235
2022 $8,608 $721,396 $515,283 $206,113
2021 $8,267 $707,252 $505,180 $202,072
2020 $6,994 $607,540 $364,524 $243,016
2019 $7,007 $595,628 $357,377 $238,251
2018 $7,167 $591,600 $354,960 $236,640
2016 $5,711 $456,862 $335,032 $121,830
2015 $5,646 $450,000 $330,000 $120,000
2014 $3,351 $245,833 $144,609 $101,224
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2017

    Hector Ortega

    Hector Ortega, BROKER

    Section Image
  • Kerry Lam

    Buyer's Agent in 2017

    Kerry Lam

    eXp Realty of California Inc

    (626) 447-5100

    41 Total Sales

    Kerry Lam
    Section Image

  • E

    Seller's Agent in 2014

    Elva Reyes

    TOP PRODUCERS REALTY PARTNERS

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16166909

California Regional Multiple Listing Service (CRMLS)

APN: 5725-028-016

California Los Angeles County Pasadena 91101 Orange Heights

353 E Orange Grove Blvd, Pasadena, CA

Not Listed for Sale

MultiFamily

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