NOT LISTED FOR SALE

355 S Madison Ave, Unit 324 Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $630,000 - $700,000

2 Beds
2 Baths
986 Sq Ft
$399/mo HOA Fee

Last Sold May 07, 2020

Last sale price $530,000 $538 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,395/month

33 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Gated Community
  • Heated Spa
  • Panoramic View
  • 1.05 Acre Lot

About This Home

As of May 2020

Enjoy amazing tree-top and mountain views from your private balcony in the most European of LA cities. This spacious top floor 2 bed/2 bath unit is located in a resort-like complex on a beautiful tree-lined street in the desirable Madison Heights neighborhood. Perfect for creating wonderful memories, the condo-apartment itself opens to a great room, which has comfortably dined 22. This room has a large floor-to-ceiling sliding glass door, from which you can enjoy the views from your couch or balcony. There is a cozy gas fireplace in the corner for the rare chilly evening in Pasadena. The master bedroom is large, with three full-size closets for ample storage space. The complex has a pool, hot tub with gazebo, gas BBQ’s with picnic tables, a large recreation room with kitchen, gym and sauna and laundry onsite. The building is gated with controlled, secure access and includes two tandem, dedicated and covered parking spots – near to, but not next to the rear elevator. The neighborhood is extremely walkable. Within 5-15 minutes is the Gold Line Metro (Del Mar Station), Cal Tech, Trader Joe’s, Lake Avenue, Paseo Colorado, the Playhouse District, ice skating, shopping and excellent dining. In 20 minutes you can walk to Old Town and much more.

Last Agent to Sell the Property

Sylva Khayalian

Redfin Corporation License #01323217 Listed on: 03/05/2020

Redfin Corporation

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • 1.05

HOA Fees

  • $399 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Tandem Garage

Property Views

  • Panoramic
  • City Lights
  • Woods
  • Mountain
  • Neighborhood

Interior Spaces

  • 986 Sq Ft Home
  • Open Floorplan
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Living Room Balcony
  • Pest Guard System
  • Laundry Room

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Pool

  • Heated Spa
  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System

Additional Features

  • Exterior Lighting
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 36216
  • Assessor Parcel Number 5734009131

Community Details

Overview

  • Master Insurance
  • 76 Units
  • Madison Plaza Associaltion Association, Phone Number (626) 400-6222
  • Cardinal Real Estate HOA
  • Maintained Community

Amenities

  • Clubhouse
  • Recreation Room
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Security

  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0

HOA Fees

$399 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: PSR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5734009131
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 986.00 Square Feet
  • Interior Amenities: Living Room Balcony, Open Floorplan
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 537.53
  • Room Type: Kitchen, Living Room, Master Suite
  • Spa Features: Community, Heated
  • Bathroom Features: Shower, Shower In Tub, Exhaust Fan(s)

Exterior Features

  • View: City Lights, Mountain(s), Neighborhood, Panoramic, Trees/Woods
  • Pool Features: Community, Heated
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Subterranean, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • 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, Pest Control, Gym/Ex Room, Clubhouse, Recreation Room, Insurance, Maintenance Grounds, Trash, Water, Controlled Access, Hot Water
  • Association Fee: 399.00
  • Association Fee Frequency: Monthly
  • Association Name: Madison Plaza Associaltion
  • Phone: 626-400-6222
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Hiking, Sidewalks, Street Lights
  • Association Management: Cardinal Real Estate

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 45828.00
  • Lot Size Acres: 1.0521

Multi Family

  • Lease Considered: No
  • Lot Size Area: 45828.0000 Square Feet
  • Number Of Units In Community: 76
  • Number Of Units Total: 76

Tax Info

  • Tax Census Tract: 4636.01
  • Tax Lot: 1
  • Tax Tract Number: 36216

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Apr 9, 2020
Sold by
Wood William Warren and Wood Lina Sahai
Bought by
Swanson Karen
Seller's Agent
Sylva Khayalian
Redfin Corporation
List Price
$535,000
Sold Price
$530,000
Premium/Discount to List
-$5,000
-0.93%
Current Estimated Value
$662,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,328
Avg. Annual Appreciation
4.01%
Original Mortgage
$380,000
Outstanding Balance
$265,084
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$397,244

Purchase Details

Closed on
Apr 10, 2009
Sold by
Wood William Warren
Bought by
Wood William Warren and Wood Lina Sahai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2008
Sold by
Moore Linda
Bought by
Wood William Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2000
Sold by
Lambakis George
Bought by
Moore Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,350
Interest Rate
7.96%

Purchase Details

Closed on
Feb 1, 1999
Sold by
Oliver Carolin E
Bought by
Lambakis George

Purchase Details

Closed on
Oct 7, 1994
Sold by
Moy Marianne J
Bought by
Oliver Carolin Elda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,650
Interest Rate
4.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Swanson Karen $530,000 Stewart Title Of Ca Inc
Wood William Warren -- Ntc
Wood William Warren $385,000 Fidelity National Title Co
Moore Linda $162,500 Chicago Title
Lambakis George -- First Southwestern Title
Oliver Carolin Elda $132,909 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Karen $380,000
Previous Owner Wood William Warren $260,000
Previous Owner Wood William Warren $265,000
Previous Owner Moore Linda $154,350
Previous Owner Oliver Carolin Elda $101,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2020 05/07/20 Sold $530,000 -0.9% $538 / Sq Ft
04/02/2020 04/02/20 For Sale $535,000 +0.9% $543 / Sq Ft
03/21/2020 03/21/20 Off Market $530,000 -- --
03/05/2020 03/05/20 For Sale $535,000 -- $543 / 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 $6,434 $579,628 $436,471 $143,157
2024 $6,434 $568,263 $427,913 $140,350
2023 $6,377 $557,122 $419,523 $137,599
2022 $6,154 $546,199 $411,298 $134,901
2021 $5,951 $535,490 $403,234 $132,256
2020 $4,964 $462,391 $334,005 $128,386
2019 $4,976 $453,325 $327,456 $125,869
2018 $5,088 $444,437 $321,036 $123,401
2016 $4,917 $427,181 $308,571 $118,610
2015 $4,862 $420,765 $303,936 $116,829
2014 $4,761 $412,524 $297,983 $114,541
Source: Public Records

Agents Affiliated with this Home

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About This Building

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF20050573

California Regional Multiple Listing Service (CRMLS)

APN: 5734-009-131

California Los Angeles County Pasadena 91101 Madison Heights

355 S Madison Ave Unit 324, Pasadena, CA

Not Listed for Sale

Condos

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